Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2012

Sales to related parties were as follows:


(In millions)	2012		2011		2010
Equity method investees:
Centennial	$	1	$	35	$	54
Other equity method investees		7		7		7
Marathon Oil Companies		-		13		39

Total	$	8	$	55	$	100

Fees Received For Operating Pipelines For Related Parties

The fees received for operating pipelines for related parties included in other income on the consolidated statements of income were as follows:


(In millions)	2012		2011		2010
Centennial	$	1	$	-	$	-

Purchases From Related Parties

Purchases from related parties were as follows:


(In millions)	2012		2011		2010
Equity method investees:
Centennial	$	7	$	31	$	72
LOOP		44		66		35
TAME		124		153		109
TACE		73		46		34
Other equity method investees		32		30		56
Marathon Oil Companies		-		1,590		2,287

Total	$	280	$	1,916	$	2,593

Receivables From Related Parties

Receivables from related parties, which are included in receivables, less allowance for doubtful accounts on the consolidated balance sheets, were as follows:


	December 31,
(In millions)	2012		2011
Centennial	$	2	$	1
Other equity method investees		-		1

Total	$	2	$	2

Payables To Related Parties

Payables to related parties, which are included in accounts payable on the consolidated balance sheets, were as follows:


	December 31,
(In millions)		2012		2011
Equity method investees:
Centennial	$	-	$	7
LOOP		4		5
TAME		5		4
TACE		2		2
Other equity method investees		2		2

Total	$	13	$	20

Related party net interest and other financial income was as follows:


(In millions)	2012		2011		2010
Dividend income:
PFD Preferred Stock	$	-	$	35	$	24
Interest income		1		-		-
Interest expense:
PFD revolving credit agreement		-		3		12
Marathon Oil loan agreement		-		5		54
Interest capitalized		-		(8)		(66)

Net interest expense		-		-		-

Related party net interest and other financial income	$	1	$	35	$	24