INVESTMENTS IN UNCONSOLIDATED AFFILIATES INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Notes)

12 Months Ended

Dec. 31, 2014

Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]

Investments in and Advances to Affiliates, Schedule of Investments [Text Block]

INVESTMENTS IN UNCONSOLIDATED AFFILIATES:

The Company’s investment in Regency consists of approximately 31.4 million Regency common units and approximately 6.3 million Regency Class F units that were issued to Southern Union as consideration for the SUGS Contribution. The Company’s investment represented approximately 8% and 100% of the total outstanding Regency common units and Class F units, respectively, at December 31, 2014. The Company’s investment in Regency is accounted for in our consolidated financial statements using the equity method, because the Company is presumed to have significant influence over Regency due to the affiliate relationship resulting from both entities being under the common control of ETE.

The following table presents aggregated selected income statement data for Regency (on a 100% basis for all periods presented).

	Years Ended December 31,
	2014			2013		2012
Revenue	$	4,951		$	2,521	$	2,000
Operating income (loss)	(17		)	55		30
Net income (loss)	(142		)	27		34

In addition to the equity method investment described above, we have other equity method investments which are not, individually or in the aggregate, significant to our consolidated financial statements.