ETE Merger and Other Transactions (Tables)

12 Months Ended

Dec. 31, 2014

ETE Merger and Holdco Transaction [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Summarized financial information for MGE and NEG is as follows:

	Successor		Predecessor
	Year Ended December 31, 2013	Period from Acquisition (March 26, 2012) to December 31, 2012	Period from January 1, 2012 to March 25, 2012
Revenue from discontinued operations	415	324	190
Net income of discontinued operations, excluding effect of taxes and overhead allocations	65	43	27

Business acquisition

The table below represents the amounts allocated 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. The goodwill resulting from the ETE Merger was primarily due to expected commercial and operational synergies and is not deductible for tax purposes.

Cash and cash equivalents	$	37
Other current assets	519
Property and equipment	6,242
Goodwill	2,497
Identified intangibles (1)	55
Other non-current assets	290
Long-term debt, including current portion	(3,334		)
Deferred income taxes	(1,419		)
Other liabilities	(974		)
Total fair value of partners’ capital	$	3,913

⁽¹⁾  Identified intangibles will be amortized over a life of approximately 17.5 years and are included in Other non-current assets in the consolidated balance sheets.