Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Income Statement Impact Of Discontinued Operations [Table Text Block]

	Year Ended December 31,
	2014
REVENUES	(in millions)
NGL sales	$	109.3
Other revenues	140.9
Purchased oil and gas sales(1)	(47.1		)
Total Revenues	203.1
OPERATING EXPENSES
Purchased oil and gas expense(1)	(48.5		)
Lease operating expense(1)	(5.5		)
Oil, gas and NGL transport & other handling costs(1)	(55.4		)
Gathering, processing, and other	85.9
General and administrative	42.1
Production and property taxes	7.3
Depreciation, depletion and amortization	45.9
Total Operating Expenses	71.8
Net gain (loss) from asset sales	1,793.4
OPERATING INCOME	1,924.7
Interest and other income	0.3
Income from unconsolidated affiliates	4.9
Loss on early extinguishment of debt	(2.4		)
Interest expense	(3.8		)
INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES(2)	1,923.7
Income tax (provision) benefit	(708.2		)
NET INCOME FROM DISCONTINUED OPERATIONS	1,215.5
Net income attributable to noncontrolling interest	(21.6		)
NET INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX	$	1,193.9

___________________________

⁽¹⁾  Includes discontinued intercompany eliminations.

⁽²⁾  Includes income from discontinued operations before income taxes attributable to QEP from QEP Midstream (of which QEP owned 57.8%) of $28.9 million for the year ended December 31, 2014.