Consolidating Guarantor Financial Information (Notes) | 9 Months Ended |
Sep. 30, 2014 |
Statement of Financial Position [Abstract] | ' |
Guarantees [Text Block] | ' |
CONSOLIDATING GUARANTOR FINANCIAL INFORMATION |
ELG, Aqua - PVR, and ORS do not fully and unconditionally guarantee, on a joint and several basis, the Senior Notes issued and outstanding as of September 30, 2014, by the Partnership and Finance Corp. Included in the Parent financial statements are the Partnership’s intercompany investments in all consolidated subsidiaries and the Partnership’s investments in unconsolidated affiliates. ELG, Aqua - PVR, and ORS are included in the non-guarantor subsidiaries. |
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The consolidating financial information for the Parent, Guarantor Subsidiaries, and Non Guarantor Subsidiaries are as follows: |
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| 30-Sep-14 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
ASSETS | | | | | | | | | |
Cash | $ | — | | | $ | — | | | $ | 22 | | | $ | (7 | ) | | $ | 15 | |
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All other current assets | — | | | 671 | | | 31 | | | (1 | ) | | 701 | |
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Property, plant, and equipment, net | — | | | 8,759 | | | 321 | | | (87 | ) | | 8,993 | |
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Investments in subsidiaries | 21,257 | | | — | | | — | | | (21,257 | ) | | — | |
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Investments in unconsolidated affiliates | — | | | 2,207 | | | — | | | 164 | | | 2,371 | |
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All other assets | — | | | 5,100 | | | — | | | — | | | 5,100 | |
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TOTAL ASSETS | $ | 21,257 | | | $ | 16,737 | | | $ | 374 | | | $ | (21,188 | ) | | $ | 17,180 | |
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LIABILITIES AND PARTNERS’ CAPITAL AND NONCONTROLLING INTEREST | | | | | | | | | |
All other current liabilities | — | | | 810 | | | 16 | | | (1 | ) | | 825 | |
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Long-term liabilities | 5,801 | | | 763 | | | 3 | | | (3 | ) | | 6,564 | |
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Noncontrolling interest | — | | | — | | | — | | | 117 | | | 117 | |
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Total partners’ capital | 15,456 | | | 15,164 | | | 355 | | | (21,301 | ) | | 9,674 | |
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TOTAL LIABILITIES AND PARTNERS’ CAPITAL AND NONCONTROLLING INTEREST | $ | 21,257 | | | $ | 16,737 | | | $ | 374 | | | $ | (21,188 | ) | | $ | 17,180 | |
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| 31-Dec-13 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
ASSETS | | | | | | | | | |
Cash | $ | — | | | $ | — | | | $ | 19 | | | $ | — | | | $ | 19 | |
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All other current assets | — | | | 366 | | | 15 | | | — | | | 381 | |
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Property, plant, and equipment, net | — | | | 4,244 | | | 174 | | | — | | | 4,418 | |
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Investments in subsidiaries | 10,446 | | | — | | | — | | | (10,446 | ) | | — | |
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Investments in unconsolidated affiliates | — | | | 1,995 | | | — | | | 102 | | | 2,097 | |
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All other assets | — | | | 1,867 | | | — | | | — | | | 1,867 | |
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TOTAL ASSETS | $ | 10,446 | | | $ | 8,472 | | | $ | 208 | | | $ | (10,344 | ) | | $ | 8,782 | |
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LIABILITIES AND PARTNERS’ CAPITAL AND NONCONTROLLING INTEREST | | | | | | | | | |
All other current liabilities | — | | | 466 | | | 9 | | | — | | | 475 | |
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Long-term liabilities | 2,832 | | | 559 | | | — | | | — | | | 3,391 | |
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Noncontrolling interest | — | | | — | | | — | | | 102 | | | 102 | |
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Total partners’ capital | 7,614 | | | 7,447 | | | 199 | | | (10,446 | ) | | 4,814 | |
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TOTAL LIABILITIES AND PARTNERS’ CAPITAL AND NONCONTROLLING INTEREST | $ | 10,446 | | | $ | 8,472 | | | $ | 208 | | | $ | (10,344 | ) | | $ | 8,782 | |
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| Three Months Ended September 30, 2014 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
Revenues | $ | — | | | $ | 1,466 | | | $ | 18 | | | $ | (1 | ) | | $ | 1,483 | |
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Operating costs, expenses, and other | — | | | 1,334 | | | 9 | | | (4 | ) | | 1,339 | |
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Operating income | — | | | 132 | | | 9 | | | 3 | | | 144 | |
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Income from unconsolidated affiliates | — | | | 52 | | | — | | | 1 | | | 53 | |
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Interest expense, net | (85 | ) | | (1 | ) | | — | | | — | | | (86 | ) |
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Gain (loss) on debt refinancing, net | 2 | | | — | | | — | | | — | | | 2 | |
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Equity in consolidated subsidiaries | 190 | | | — | | | — | | | (190 | ) | | — | |
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Other income and deductions, net | (2 | ) | | — | | | — | | | — | | | (2 | ) |
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Income before income taxes | 105 | | | 183 | | | 9 | | | (186 | ) | | 111 | |
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Income tax expense | 2 | | | 2 | | | — | | | — | | | 4 | |
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Net income | 103 | | | 181 | | | 9 | | | (186 | ) | | 107 | |
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Net income attributable to noncontrolling interest | — | | | — | | | — | | | (4 | ) | | (4 | ) |
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Net income attributable to Regency Energy Partners LP | $ | 103 | | | $ | 181 | | | $ | 9 | | | $ | (190 | ) | | $ | 103 | |
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Total other comprehensive income | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
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Comprehensive income | 103 | | | 181 | | | 9 | | | (186 | ) | | 107 | |
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Comprehensive income attributable to noncontrolling interest | — | | | — | | | — | | | 4 | | | 4 | |
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Comprehensive income attributable to Regency Energy Partners LP | $ | 103 | | | $ | 181 | | | $ | 9 | | | $ | (190 | ) | | $ | 103 | |
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| Three Months Ended September 30, 2013 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
Revenues | $ | — | | | $ | 654 | | | $ | 11 | | | $ | — | | | $ | 665 | |
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Operating costs, expenses, and other | — | | | 637 | | | 4 | | | — | | | 641 | |
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Operating income | — | | | 17 | | | 7 | | | — | | | 24 | |
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Income from unconsolidated affiliates | — | | | 37 | | | — | | | — | | | 37 | |
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Interest expense, net | (37 | ) | | (4 | ) | | — | | | — | | | (41 | ) |
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Equity in consolidated subsidiaries | 52 | | | — | | | — | | | (52 | ) | | — | |
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Other income and deductions, net | 25 | | | (1 | ) | | — | | | — | | | 24 | |
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Income before income taxes | 40 | | | 49 | | | 7 | | | (52 | ) | | 44 | |
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Income tax benefit | — | | | 2 | | | — | | | — | | | 2 | |
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Net income | 40 | | | 47 | | | 7 | | | (52 | ) | | 42 | |
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Net income attributable to noncontrolling interest | — | | | (4 | ) | | — | | | 1 | | | (3 | ) |
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Net income attributable to Regency Energy Partners LP | $ | 40 | | | $ | 43 | | | $ | 7 | | | $ | (51 | ) | | $ | 39 | |
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Total other comprehensive income | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
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Comprehensive income | 40 | | | 47 | | | 7 | | | (52 | ) | | 42 | |
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Comprehensive income attributable to noncontrolling interest | — | | | 4 | | | — | | | (1 | ) | | 3 | |
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Comprehensive income attributable to Regency Energy Partners LP | $ | 40 | | | $ | 43 | | | $ | 7 | | | $ | (51 | ) | | $ | 39 | |
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| Nine Months Ended September 30, 2014 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
Revenues | $ | — | | | $ | 3,477 | | | $ | 49 | | | $ | (2 | ) | | $ | 3,524 | |
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Operating costs, expenses, and other | — | | | 3,306 | | | 24 | | | (7 | ) | | 3,323 | |
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Operating income | — | | | 171 | | | 25 | | | 5 | | | 201 | |
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Income from unconsolidated affiliates | — | | | 143 | | | — | | | — | | | 143 | |
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Interest expense, net | (206 | ) | | (14 | ) | | — | | | — | | | (220 | ) |
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Gain (loss) on debt refinancing, net | 3 | | | (1 | ) | | — | | | — | | | 2 | |
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Equity in consolidated subsidiaries | 327 | | | — | | | — | | | (327 | ) | | — | |
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Other income and deductions, net | (11 | ) | | 4 | | | — | | | — | | | (7 | ) |
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Income before income taxes | 113 | | | 303 | | | 25 | | | (322 | ) | | 119 | |
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Income tax expense | 3 | | | — | | | 1 | | | — | | | 4 | |
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Net income | 110 | | | 303 | | | 24 | | | (322 | ) | | 115 | |
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Net income attributable to noncontrolling interest | — | | | — | | | — | | | (11 | ) | | (11 | ) |
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Net income attributable to Regency Energy Partners LP | $ | 110 | | | $ | 303 | | | $ | 24 | | | $ | (333 | ) | | $ | 104 | |
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Total other comprehensive income | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
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Comprehensive income | 110 | | | 303 | | | 24 | | | (322 | ) | | 115 | |
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Comprehensive income attributable to noncontrolling interest | — | | | — | | | — | | | 11 | | | 11 | |
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Comprehensive income attributable to Regency Energy Partners LP | $ | 110 | | | $ | 303 | | | $ | 24 | | | $ | (333 | ) | | $ | 104 | |
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| Nine Months Ended September 30, 2013 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
Revenues | $ | — | | | $ | 1,825 | | | $ | 19 | | | $ | — | | | $ | 1,844 | |
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Operating costs, expenses, and other | 3 | | | 1,789 | | | 9 | | | — | | | 1,801 | |
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Operating (loss) income | (3 | ) | | 36 | | | 10 | | | — | | | 43 | |
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Income from unconsolidated affiliates | — | | | 103 | | | — | | | — | | | 103 | |
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Interest expense, net | (106 | ) | | (13 | ) | | — | | | — | | | (119 | ) |
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Loss on debt refinancing, net | (7 | ) | | — | | | — | | | — | | | (7 | ) |
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Equity in consolidated subsidiaries | 135 | | | — | | | — | | | (135 | ) | | — | |
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Other income and deductions, net | 3 | | | — | | | — | | | — | | | 3 | |
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Income before income taxes | 22 | | | 126 | | | 10 | | | (135 | ) | | 23 | |
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Income tax benefit | — | | | (1 | ) | | — | | | — | | | (1 | ) |
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Net income | 22 | | | 127 | | | 10 | | | (135 | ) | | 24 | |
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Net income attributable to noncontrolling interest | — | | | (4 | ) | | — | | | — | | | (4 | ) |
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Net income attributable to Regency Energy Partners LP | $ | 22 | | | $ | 123 | | | $ | 10 | | | $ | (135 | ) | | $ | 20 | |
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Total other comprehensive income | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
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Comprehensive income | 22 | | | 127 | | | 10 | | | (135 | ) | | 24 | |
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Comprehensive income attributable to noncontrolling interest | — | | | 4 | | | — | | | — | | | 4 | |
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Comprehensive attributable to Regency Energy Partners LP | $ | 22 | | | $ | 123 | | | $ | 10 | | | $ | (135 | ) | | $ | 20 | |
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| Nine Months Ended September 30, 2014 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
Cash flows from operating activities | $ | — | | | $ | 525 | | | $ | 46 | | | $ | (1 | ) | | $ | 570 | |
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Cash flows from investing activities | — | | | (1,747 | ) | | (19 | ) | | (8 | ) | | (1,774 | ) |
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Cash flows from financing activities | — | | | 1,222 | | | (24 | ) | | 2 | | | 1,200 | |
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Change in cash | — | | | — | | | 3 | | | (7 | ) | | (4 | ) |
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Cash at beginning of period | — | | | — | | | 19 | | | — | | | 19 | |
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Cash at end of period | $ | — | | | $ | — | | | $ | 22 | | | $ | (7 | ) | | $ | 15 | |
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| Nine Months Ended September 30, 2013 |
| Parent | | Guarantor Subsidiaries | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated Partnership |
Cash flows from operating activities | $ | — | | | $ | 374 | | | $ | 7 | | | $ | — | | | $ | 381 | |
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Cash flows from investing activities | — | | | (1,019 | ) | | (86 | ) | | — | | | (1,105 | ) |
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Cash flows from financing activities | — | | | 645 | | | 38 | | | — | | | 683 | |
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Change in cash | — | | | — | | | (41 | ) | | — | | | (41 | ) |
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Cash at beginning of period | — | | | — | | | 53 | | | — | | | 53 | |
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Cash at end of period | $ | — | | | $ | — | | | $ | 12 | | | $ | — | | | $ | 12 | |
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