XML 34 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
OPERATING REVENUES:        
Transportation and storage of natural gas $ 125 $ 123 $ 417 $ 442
LNG terminalling 0 55 0 162
NGL sales 0 0 0 249
Other 7 4 22 38
Total operating revenues 132 182 439 891
OPERATING EXPENSES:        
Cost of natural gas and other energy 1 1 4 226
Operating, maintenance and general 67 73 184 281
Depreciation and amortization 33 41 96 147
Total operating expenses 101 115 284 654
OPERATING INCOME 31 67 155 237
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (15) (39) (52) (84)
Equity in earnings (losses) from unconsolidated investments 9 9 7 15
Interest income - affiliates 5 3 17 3
Other, net 1 0 5 (1)
Total other expenses, net 0 (27) (23) (67)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE 31 40 132 170
Income tax expense 8 (5) 128 80
IINCOME FROM CONTINUING OPERATIONS 23 45 4 90
Income from discontinued operations 0 13 0 44
NET INCOME 23 58 4 134
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTEREST 0 21 6 (14)
NET INCOME ATTRIBUTABLE TO PARTNERS $ 23 $ 37 $ (2) $ 148