Debt Obligations (Details) (USD $) | 3 Months Ended | |
In Millions, unless otherwise specified | Mar. 31, 2015 | Dec. 31, 2014 |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | $21,620.70 | | $21,389.20 | |
Other, non-principal amounts | -28.7 | | -25.4 | |
Less current maturities of debt | -1,399.80 | [1] | -2,206.40 | [1] |
Total long-term debt | 20,192.20 | | 19,157.40 | |
Debt Obligations Terms [Abstract] | | | | |
Letters of credit outstanding for facilities and motor fuel tax obligations | 2.5 | | | |
EPO Senior Notes I [Member] | | | | |
Debt Obligations Terms [Abstract] | | | | |
Repayment of senior notes | 250 | | | |
Senior Debt Obligations [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 20,088 | | 19,856.50 | |
Senior Debt Obligations [Member] | Commercial Paper Notes [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,388 | | 906.5 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | variable | | | |
Information regarding variable interest rates paid [Abstract] | | | | |
Variable Interest Rates Paid, Minimum (in hundredths) | 0.35% | | | |
Variable Interest Rates Paid, Maximum (in hundredths) | 0.78% | | | |
Weighted-Average Interest Rate Paid (in hundredths) | 0.59% | | | |
Senior Debt Obligations [Member] | EPO Senior Notes I [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 0 | | 250 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.00% | | | |
Maturity Date | 1-Mar-15 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes X [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 400 | | 400 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 3.70% | | | |
Maturity Date | 1-Jun-15 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes FF [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 650 | | 650 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 1.25% | | | |
Maturity Date | 13-Aug-15 | | | |
Senior Debt Obligations [Member] | EPO $1.5 Billion 364-Day Credit Agreement [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 0 | | 0 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | variable | | | |
Maturity Date | 29-Sep-15 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes AA [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 750 | | 750 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 3.20% | | | |
Maturity Date | 1-Feb-16 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes L [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 800 | | 800 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.30% | | | |
Maturity Date | 1-Sep-17 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes V [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 349.7 | | 349.7 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.65% | | | |
Maturity Date | 15-Apr-18 | | | |
Senior Debt Obligations [Member] | EPO $3.5 Billion Multi-Year Revolving Credit Facility [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 0 | | 0 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | variable | | | |
Maturity Date | 19-Jun-18 | | | |
Information regarding variable interest rates paid [Abstract] | | | | |
Variable Interest Rates Paid, Minimum (in hundredths) | 1.15% | | | |
Variable Interest Rates Paid, Maximum (in hundredths) | 3.25% | | | |
Weighted-Average Interest Rate Paid (in hundredths) | 1.26% | | | |
Senior Debt Obligations [Member] | EPO Senior Notes N [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 700 | | 700 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.50% | | | |
Maturity Date | 31-Jan-19 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes LL [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 800 | | 800 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 2.55% | | | |
Maturity Date | 15-Oct-19 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes Q [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 500 | | 500 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.25% | | | |
Maturity Date | 31-Jan-20 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes Y [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,000 | | 1,000 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.20% | | | |
Maturity Date | 1-Sep-20 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes CC [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 650 | | 650 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 4.05% | | | |
Maturity Date | 15-Feb-22 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes HH [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,250 | | 1,250 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 3.35% | | | |
Maturity Date | 15-Mar-23 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes JJ [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 850 | | 850 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 3.90% | | | |
Maturity Date | 15-Feb-24 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes MM [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,150 | | 1,150 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 3.75% | | | |
Maturity Date | 15-Feb-25 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes D [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 500 | | 500 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.88% | | | |
Maturity Date | 1-Mar-33 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes H [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 350 | | 350 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.65% | | | |
Maturity Date | 15-Oct-34 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes J [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 250 | | 250 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.75% | | | |
Maturity Date | 1-Mar-35 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes W [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 399.6 | | 399.6 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 7.55% | | | |
Maturity Date | 15-Apr-38 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes R [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 600 | | 600 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.13% | | | |
Maturity Date | 15-Oct-39 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes Z [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 600 | | 600 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.45% | | | |
Maturity Date | 1-Sep-40 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes BB [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 750 | | 750 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.95% | | | |
Maturity Date | 1-Feb-41 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes DD [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 600 | | 600 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.70% | | | |
Maturity Date | 15-Feb-42 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes EE [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 750 | | 750 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 4.85% | | | |
Maturity Date | 15-Aug-42 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes GG [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,100 | | 1,100 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 4.45% | | | |
Maturity Date | 15-Feb-43 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes II [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,400 | | 1,400 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 4.85% | | | |
Maturity Date | 15-Mar-44 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes KK [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 1,150 | | 1,150 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 5.10% | | | |
Maturity Date | 15-Feb-45 | | | |
Senior Debt Obligations [Member] | EPO Senior Notes NN [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 400 | | 400 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 4.95% | | | |
Maturity Date | 15-Oct-54 | | | |
Senior Debt Obligations [Member] | TEPPCO Senior Notes 4 [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 0.3 | | 0.3 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 6.65% | | | |
Maturity Date | 15-Apr-18 | | | |
Senior Debt Obligations [Member] | TEPPCO Senior Notes 5 [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 0.4 | | 0.4 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed | | | |
Interest Rate, stated percentage (in hundredths) | 7.55% | | | |
Maturity Date | 15-Apr-38 | | | |
Junior Debt Obligations [Member] | EPO Junior Subordinated Notes A [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 550 | [2] | 550 | [2] |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed/variable | [2] | | |
Interest Rate, stated percentage (in hundredths) | 8.38% | [2] | | |
Maturity Date | 31-Aug-66 | [2] | | |
Date through which interest rate is fixed | 8/1/16 | | | |
Variable annual interest rate thereafter, variable rate basis | 3-month LIBOR | | | |
Variable interest rate (in hundredths) | 3.71% | | | |
Junior Debt Obligations [Member] | EPO Junior Subordinated Notes C [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 285.8 | [3] | 285.8 | [3] |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed/variable | [3] | | |
Interest Rate, stated percentage (in hundredths) | 7.00% | [3] | | |
Maturity Date | 1-Jun-67 | [3] | | |
Date through which interest rate is fixed | 9/1/17 | | | |
Variable annual interest rate thereafter, variable rate basis | 3-month LIBOR | | | |
Variable interest rate (in hundredths) | 2.78% | | | |
Junior Debt Obligations [Member] | EPO Junior Subordinated Notes B [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | 682.7 | [4] | 682.7 | [4] |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed/variable | [4] | | |
Interest Rate, stated percentage (in hundredths) | 7.03% | [4] | | |
Maturity Date | 15-Jan-68 | [4] | | |
Date through which interest rate is fixed | 1/15/18 | | | |
Variable annual interest rate thereafter, variable rate basis | 3-month LIBOR | | | |
Variable interest rate (in hundredths) | 2.68% | | | |
Minimum variable annual interest rate (in hundredths) | 7.03% | | | |
Junior Debt Obligations [Member] | TEPPCO Junior Subordinated Notes [Member] | | | | |
Debt Instrument [Line Items] | | | | |
Principal Outstanding | $14.20 | | $14.20 | |
Debt Obligations Terms [Abstract] | | | | |
Interest Rate Terms | fixed/variable | | | |
Maturity Date | 1-Jun-67 | | | |
|
[1] | We expect to refinance the current maturities of our debt obligations at or prior to their maturity. Long-term and current maturities of debt reflect the classification of such obligations at March 31, 2015, after taking into consideration the long-term refinancing of Senior Notes X and Commercial Paper Notes using proceeds from our senior notes offering in May 2015 (see Note 17). |
[2] | Fixed rate of 8.375% through August 1, 2016; thereafter, variable rate based on 3-month LIBOR plus 3.7075%. |
[3] | Fixed rate of 7.0% through September 1, 2017; thereafter, variable rate based on 3-month LIBOR plus 2.7775%. |
[4] | Fixed rate of 7.034% through January 15, 2018; thereafter, the rate will be the greater of 7.034% or a variable rate based on 3-month LIBOR plus 2.68%. |