Holdco Transaction

3 Months Ended

Mar. 31, 2013

Business Combinations [Abstract]

ETE Merger and ETP Merger

HOLDCO TRANSACTION:

On April 30, 2013, ETP acquired from ETE its interest in Holdco for 49.5 million of newly issued ETP common units and $1.40 billion in cash, less $68 million of estimated closing adjustments. Holdco is the entity formed by ETP and ETE in 2012 to own the equity interests in Southern Union and Sunoco. As a result of this transaction, ETP now owns 100% of Holdco.