ETE Merger and Holdco Transaction (Tables)

9 Months Ended

Sep. 30, 2012

The table below represents the allocation of the total consideration to Southern Union’s tangible and intangible assets and liabilities as of March 26, 2012 based upon management’s estimate of their respective fair values. Certain amounts included in the preliminary purchase price allocation as of September 30, 2012 have been changed from amounts previously reflected based on management's review of the valuation. Management is continuing to validate certain assumptions made in connection with the purchase price allocation.



Cash and cash equivalents	$	36,792
Other current assets	524,246
Property and equipment	6,958,768
Goodwill	2,030,271
Identified intangibles ⁽¹⁾	55,000
Other noncurrent assets	290,360
Long-term debt, including current portion	(3,333,706		)
Deferred income taxes	(1,698,352		)
Other liabilities	(950,513		)
Total purchase price	$	3,912,866


⁽¹⁾	Identified intangibles will be amortized over an estimated life of approximately 17.5 years and are included in deferred charges in the unaudited condensed consolidated balance sheet.