XML 72 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, unless otherwise specified
9 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2012
Successor
Dec. 31, 2013
Successor
Mar. 25, 2012
Predecessor
Dec. 31, 2011
Predecessor
OPERATING REVENUES:        
Transportation and storage of natural gas $ 417 $ 575 $ 140 $ 574
LNG terminalling 166 216 51 220
Other 9 10 3 10
Total operating revenues 592 801 194 804
OPERATING EXPENSES:        
Operating, maintenance and general 262 281 76 314
Depreciation and amortization 125 164 30 128
Goodwill, Impairment Loss 0 689 0 0
Total operating expenses 387 1,134 106 442
OPERATING INCOME (LOSS) 205 (333) 88 362
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (43) (50) (25) (108)
Interest income - affiliates 2 2 2 9
Total other expenses, net (41) (48) (23) (99)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE 164 (381) 65 263
Income tax expense 76 118 25 95
NET INCOME (LOSS) $ 88 $ (499) $ 40 $ 168