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Noncontrolling Interests
9 Months Ended
Sep. 30, 2011
Disclosure Text Block [Abstract] 
Noncontrolling Interests

6.  Noncontrolling Interests

 

In March and September 2011, WES issued approximately four million and six million common units to the public, respectively, raising net proceeds of $130 million and $198 million, respectively, which increased the noncontrolling interest component of total equity.

       In August 2011, the WES subordinated limited partner units held by Anadarko converted to common limited partner units on a one-for-one basis. Upon this conversion, $162 million related to pre-conversion changes in the Company's ownership interest in WES was transferred from noncontrolling interests to paid-in capital. Additionally, $32 million was recorded to paid-in capital as a result of WES's third-quarter issuance of common units. The Company's net income (loss) attributable to common stockholders, together with the above-described increases to Anadarko's paid-in capital, for the three and nine months ended September 30, 2011, totaled $(2,857) million and $(2,097) million, respectively. At September 30, 2011, Anadarko's ownership interest in WES consists of a 43.3% limited partner interest, a 2% general partner interest, and incentive distribution rights.