ONEOK Partners (OKS) 10-K 23 Feb 10 2009 FY Annual report Financial data

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Income Statement
Revenues	$6,474,491	$7,720,206	$5,831,558
Cost of sales and fuel	5,355,194	6,579,547	4,935,665
Net margin	1,119,297	1,140,659	895,893
Operating expenses
Operations and maintenance	361,608	337,526	302,544
Depreciation and amortization	164,136	124,765	113,704
General taxes	49,619	34,271	34,812
Total operating expenses	575,363	496,562	451,060
Gain on sale of assets	2,668	713	1,950
Operating income	546,602	644,810	446,783
Equity earnings from investments (Note N)	72,722	101,432	89,908
Allowance for equity funds used during construction	26,868	50,906	12,538
Other income	10,658	5,621	7,502
Other expense	(3,167)	(13,321)	(779)
Interest expense	(206,016)	(151,056)	(138,947)
Income before income taxes	447,667	638,392	417,005
Income taxes (Note L)	(12,963)	(12,335)	(8,842)
Net income	434,704	626,057	408,163
Less: Net income attributable to noncontrolling interests	348	441	416
Net income attributable to ONEOK Partners, L.P.	434,356	625,616	407,747
Limited partners' interest in net income:
Net income attributable to ONEOK Partners, L.P.	434,356	625,616	407,747
General partner's interest in net income	(96,421)	(88,554)	(58,781)
Limited partners' interest in net income	$337,935	$537,062	$348,966
Limited partners' net income per unit, basic and diluted (Note O)	3.6	6.01	4.21
Number of units used in computation (thousands)	93,808	89,309	82,891

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands	Dec. 31, 2009	Dec. 31, 2008
Current assets
Cash and cash equivalents	$3,151	$177,635
Accounts receivable, net	624,635	317,182
Affiliate receivables	32,397	25,776
Gas and natural gas liquids in storage	217,585	190,616
Commodity imbalances	188,177	55,086
Derivative financial instruments (Notes C and D)	0	63,780
Other current assets	36,148	28,176
Total current assets	1,102,093	858,251
Property, plant and equipment
Property, plant and equipment	6,353,909	5,808,679
Accumulated depreciation and amortization	972,497	875,279
Net property, plant and equipment (Note E)	5,381,412	4,933,400
Investments and other assets
Investments in unconsolidated affiliates (Note N)	765,163	755,492
Goodwill and intangible assets (Note F)	668,870	676,536
Other assets	35,721	30,593
Total investments and other assets	1,469,754	1,462,621
Total assets	7,953,259	7,254,272
Current liabilities
Current maturities of long-term debt (Note I)	261,931	11,931
Notes payable (Note H)	523,000	870,000
Accounts payable	694,290	496,763
Affiliate payables	21,866	23,333
Commodity imbalances	392,688	191,165
Other current liabilities	153,539	100,832
Total current liabilities	2,047,314	1,694,024
Long-term debt, excluding current maturities (Note I)	2,822,086	2,589,509
Deferred credits and other liabilities	73,798	54,773
ONEOK Partners, L.P. partners' equity:
General partner	84,434	77,546
Common units: 59,912,777 and 54,426,087 units issued and outstanding at December 31, 2009 and 2008, respectively	1,561,762	1,361,058
Class B units: 36,494,126 units issued and outstanding at December 31, 2009 and 2008	1,380,299	1,407,016
Accumulated other comprehensive income (loss) (Note G)	(22,037)	64,405
Total ONEOK Partners, L.P. partners' equity	3,004,458	2,910,025
Noncontrolling interests in consolidated subsidiaries	5,603	5,941
Total partners' equity	3,010,061	2,915,966
Total liabilities and partners' equity	$7,953,259	$7,254,272

PARENTHETICAL DATA TO THE CONSO

PARENTHETICAL DATA TO THE CONSOLIDATED BALANCE SHEETS (USD $)
	Dec. 31, 2009	Dec. 31, 2008
ONEOK Partners, L.P. partners' equity
Common units issued	59,912,777	54,426,087
Common units outstanding	59,912,777	54,426,087
Class B units issued	36,494,126	36,494,126
Class B units outstanding	36,494,126	36,494,126

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Operating activities
Net income	$434,704	$626,057	$408,163
Depreciation and amortization	164,136	124,765	113,704
Allowance for equity funds used during construction	(26,868)	(50,906)	(12,538)
Gain on sale of assets	(2,668)	(713)	(1,950)
Deferred income taxes	11,707	5,015	4,567
Equity earnings from investments	(72,722)	(101,432)	(89,908)
Distributions received from unconsolidated affiliates	75,377	93,261	103,785
Changes in assets and liabilities, net of effect of acquisitions:
Accounts receivable	(308,703)	256,137	(268,963)
Affiliate receivables	(6,621)	26,703	36,093
Gas and natural gas liquids in storage	(26,969)	16,003	(47,973)
Derivative financial instruments	(4,349)	(2,538)	2,154
Accounts payable	233,921	(273,475)	368,452
Affiliate payables	(1,467)	5,035	(7,439)
Commodity imbalances, net	68,432	(33,979)	41,997
Accrued interest	6,600	5,669	9,069
Other assets and liabilities	17,929	(39,184)	42,321
Cash provided by operating activities	562,439	656,418	701,534
Investing activities
Changes in investments in unconsolidated affiliates	(12,031)	3,963	(3,668)
Acquisitions	0	2,450	(299,560)
Capital expenditures (less allowance for equity funds used during construction)	(615,691)	(1,253,853)	(709,858)
Proceeds from sale of assets and other	9,572	990	3,980
Cash used in investing activities	(618,150)	(1,246,450)	(1,009,106)
Financing activities
Cash distributions: General and limited partners	(500,253)	(453,021)	(384,646)
Cash distributions: Noncontrolling interests	(686)	(302)	(220)
Borrowing (payment) of notes payable, net	523,000	(100,000)	94,000
Borrowing (payment) of notes payable with maturities over 90 days	(870,000)	870,000	0
Issuance of long-term debt, net of discounts	498,325	0	598,146
Long-term debt financing costs	(4,000)	0	(5,805)
Repayment of long-term debt	(11,931)	(11,929)	(11,931)
Issuance of common units, net of discounts	241,642	450,198	0
Contribution from general partner	5,130	9,508	0
Other financing activities	0	0	139
Cash provided by (used in) financing activities	(118,773)	764,454	289,683
Change in cash and cash equivalents	(174,484)	174,422	(17,889)
Cash and cash equivalents at beginning of period	177,635	3,213	21,102
Cash and cash equivalents at end of period	3,151	177,635	3,213
Supplemental cash flow information:
Cash paid for interest, net of amounts capitalized	201,773	148,417	138,606
Cash paid for income taxes	$5,248	$4,722	$1,039

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN PARTNERS' EQUITY (USD $)
In Thousands, except Share data	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007	Dec. 31, 2006
Partners' capital, beginning balance	$2,915,966	$2,200,980	$2,194,268
Net income	434,704	626,057	408,163
Other comprehensive loss (Note G)	(86,442)	82,546	(16,555)
Issuance of common units, value (Note J)	241,642	450,198
Contribution from general partner (Note J)	5,130	9,508
Other			(30)
Distributions paid (Note J)	(500,939)	(453,323)	(384,866)
Partners' capital, ending balance	3,010,061	2,915,966	2,200,980	2,194,268
General Partners [Member]
Partners' capital, beginning balance	77,546	58,415	54,373
Net income	96,421	88,554	58,781
Other comprehensive loss (Note G)	0	0	0
Issuance of common units, value (Note J)	0	0
Contribution from general partner (Note J)	5,130	9,508
Other			(1)
Distributions paid (Note J)	(94,663)	(78,931)	(54,738)
Partners' capital, ending balance	84,434	77,546	58,415	54,373
Common Units [Member]
Partners' capital, beginning balance	1,361,058	814,266	803,599
Partners' capital account, units, beginning balance	54,426,087	46,397,214	46,397,214
Net income	206,633	317,226	195,329
Other comprehensive loss (Note G)	0	0	0
Issuance of common units, value (Note J)	241,642	450,198
Issuance of common units, units (Note J)	5,486,690	8,028,873
Contribution from general partner (Note J)	0	0
Other			0
Distributions paid (Note J)	(247,571)	(220,632)	(184,662)
Partners' capital, ending balance	1,561,762	1,361,058	814,266	803,599
Partners' capital account, units, ending balance	59,912,777	54,426,087	46,397,214	46,397,214
Class B Units [Member]
Partners' capital, beginning balance	1,407,016	1,340,638	1,332,276
Partners' capital account, units, beginning balance	36,494,126	36,494,126	36,494,126
Net income	131,302	219,836	153,637
Other comprehensive loss (Note G)	0	0	0
Issuance of common units, value (Note J)	0	0
Issuance of common units, units (Note J)	0	0
Contribution from general partner (Note J)	0	0
Other			(29)
Distributions paid (Note J)	(158,019)	(153,458)	(145,246)
Partners' capital, ending balance	1,380,299	1,407,016	1,340,638	1,332,276
Partners' capital account, units, ending balance	36,494,126	36,494,126	36,494,126	36,494,126
Accumulated Other Comprehensive Income (Loss) [Member]
Partners' capital, beginning balance	64,405	(18,141)	(1,586)
Net income	0	0	0
Other comprehensive loss (Note G)	(86,442)	82,546	(16,555)
Issuance of common units, value (Note J)	0	0
Contribution from general partner (Note J)	0	0
Other			0
Distributions paid (Note J)	0	0	0
Partners' capital, ending balance	(22,037)	64,405	(18,141)	(1,586)
Noncontrolling Interests in Consolidated Subsidiaries [Member]
Partners' capital, beginning balance	5,941	5,802	5,606
Net income	348	441	416
Other comprehensive loss (Note G)	0	0	0
Issuance of common units, value (Note J)	0	0
Contribution from general partner (Note J)	0	0
Other			0
Distributions paid (Note J)	(686)	(302)	(220)
Partners' capital, ending balance	$5,603	$5,941	$5,802	$5,606

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (USD $)
In Thousands	12 Months Ended Dec. 31, 2009	12 Months Ended Dec. 31, 2008	12 Months Ended Dec. 31, 2007
Statement of Comprehensive Income
Net income	$434,704	$626,057	$408,163
Other comprehensive income (loss) (Note G)	(86,442)	82,546	(16,555)
Comprehensive income	348,262	708,603	391,608
Less: Comprehensive income attributable to noncontrolling interests	348	441	416
Comprehensive income attributable to ONEOK Partners, L.P.	$347,914	$708,162	$391,192

A. SUMMARY OF ACCOUNTING POLICI

A. SUMMARY OF ACCOUNTING POLICIES
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Summary of Accounting Policies	A.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and Nature of Operations - ONEOK Partners, L.P. is a publicly traded Delaware master limited partnership that was formed in 1993.Our equity consists of a 2 percent general partner interest and a 98 percent limited partner interest.Our limited partner interests are represented by our common units, which are listed on the NYSE under the trading symbol OKS, and our Class B limited partner units.We are managed under the direction of the Board of Directors of our sole general partner, ONEOK Partners GP.ONEOK Partners GP is a wholly owned subsidiary of ONEOK.As of December 31, 2009, ONEOK owned a 45.1 percent aggregate equity interest in us.As a result of our February 2010 public offering of common units, ONEOK and its subsidiaries own a 42.9 percent aggregate equity interest in us. Our operations include gathering and processing of natural gas produced from crude oil and natural gas wells.We gather and process natural gas in the Mid-Continent region, which includes the Anadarko Basin of Oklahoma and the Hugoton and Central Kansas Uplift Basins of Kansas.We also gather and/or process natural gas in two producing basins in the Rocky Mountain region: the Williston Basin, which spans portions of Montana and North Dakota, and the Powder River Basin of Wyoming.The natural gas we gather in the Powder River Basin of Wyoming is coal bed methane, or dry gas, that does not require processing or NGL extraction, in order to be marketable; dry gas is gathered, compressed and delivered into a downstream pipeline or market for a fee. Our interstate natural gas pipeline assets transport natural gas through FERC-regulated interstate natural gas pipelines in North Dakota, Minnesota, Wisconsin, Illinois, Indiana, Kentucky, Tennessee, Oklahoma, Texas and New Mexico.Our interstate pipelines include: Midwestern Gas Transmission, which is a bi-directional system that interconnects with Tennessee GasTransmission Company near Portland, Tennessee, and with several interstate pipelines near Joliet, Illinois; Viking Gas Transmission, which transports natural gas from an interconnection with TransCanada near Emerson, Manitoba, to an interconnection with ANR Pipeline Company near Marshfield, Wisconsin; Guardian Pipeline interconnects with several pipelines in Joliet, Illinois, and with local distribution companies in Wisconsin; OkTex Pipeline has interconnects in Oklahoma, New Mexico and Texas; and Northern Border Pipeline, an interstate, FERC-regulated pipeline operated by an affiliate of TransCanada that transports natural gas from the Montana-Saskatchewan border near Port of Morgan, Montana, to a terminus near North Hayden, Indiana, of which we have a 50 percent interest. Our intrastate natural gas pipeline assets in Oklahoma have access to the major natural gas producing areas and transport natural gas throughout the state.We also have access to the major natural gas producing area in south central Kansas.In Texas, our intrastate natural gas pipelines are connected to the major natural gas producing areas in the Texas panhandle and the Permian Basin and transport natu

B. ACQUISITION

B. ACQUISITION
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Acquisition	B.ACQUISITION Acquisition of NGL Pipeline - In October 2007, we completed the acquisition of an interstate natural gas liquids and refined petroleum products pipeline system and related assets from a subsidiary of Kinder Morgan Energy Partners, L.P. for approximately $300 million, before working capital adjustments.The FERC-regulated system extends from Bushton and Conway, Kansas, to Chicago, Illinois, and transports, stores and delivers a full range of NGL products and refined petroleum products.The transaction also included a 50 percent ownership interest in Heartland.ConocoPhillips owns the other 50 percent of Heartland and is the managing partner of Heartland, which consists primarily of a refined petroleum products terminal and pipelines with access to two other refined petroleum products terminals.Our investment in Heartland is accounted for under the equity method of accounting.Financing for this transaction came from a portion of the proceeds of our September 2007 issuance of $600 million 6.85 percent Senior Notes due 2037.The working capital settlement was finalized in April 2008, with no material adjustments.

C. FAIR VALUE MEASUREMENTS

C. FAIR VALUE MEASUREMENTS
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Fair Value Measurements	C.FAIR VALUE MEASUREMENTS Determining Fair Value - We define fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date.We use the income approach to determine the fair value of our derivative assets and liabilities and consider the markets in which the transactions are executed. While many of the contracts in our portfolio are executed in liquid markets where price transparency exists, some contracts are executed in markets for which market prices may exist but the market may be relatively inactive.This results in limited price transparency that requires managements judgment and assumptions to estimate fair values. For certain transactions, we utilize modeling techniques using NYMEX-settled pricing data and historical correlations of NGL product prices to crude oil.We validate our valuation inputs with third-party information and settlement prices from other sources, where available. In addition, as prescribed by the income approach, we compute the fair value of our derivative portfolio by discounting the projected future cash flows from our derivative assets and liabilities to present value.The interest rate yields used to calculate the present-value discount factors are derived from LIBOR, Eurodollar futures and Treasury swaps. The projected cash flows are then multiplied by the appropriate discount factors to determine the present value or fair value of our derivative instruments. Finally, we consider the credit risk of our counterparties with whom our derivative assets and liabilities are executed. Although we use our best estimates to determine the fair value of the derivative contracts we have executed, the ultimate market prices realized could differ from our estimates, and the differences could be significant. The FASB has provided guidance that allows for companies to elect measuring specified financial assets and liabilities, firm commitments, and nonfinancial warranty and insurance contracts at fair value on a contract-by-contract basis, with changes in fair value recognized in earnings each reporting period. For the years ended December 31, 2009 and 2008, we did not elect the fair value option under this guidance, and therefore there was no impact on our consolidated financial statements. Fair Value Hierarchy - We utilize a fair value hierarchy to prioritize inputs to our valuation techniques based on observable and unobservable data and categorize the inputs into three levels, with the highest priority given to Level 1 and the lowest priority given to Level 3.The levels are described below: Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities; Level 2 - Significant observable pricing inputs other than quoted prices included within Level 1 that are either directly or indirectly observable as of the reporting date.Essentially, this represents inputs that are derived principally from or corroborated by observable market data; Level 3 - May include one or more unobservable inputs that are significant in establishing a fair value estimate.These unobservable inputs

D. RISK MANAGEMENT AND HEDGING

D. RISK MANAGEMENT AND HEDGING ACTIVITIES USING DERIVATIVES
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Risk Managment and Hedging Activities Using Derivatives	D.RISK MANAGEMENT AND HEDGING ACTIVITIES USING DERIVATIVES Risk Management Activities - We are sensitive to changes in natural gas, crude oil and NGL prices, principally as a result of contractual terms under which these commodities are processed, purchased and sold.We use physical forward sales and financial derivatives to secure a certain price for a portion of our share of natural gas, condensate and NGL products.We follow established policies and procedures to assess risk and approve, monitor and report our risk management activities.We have not used these instruments for trading purposes.We are also subject to the risk of interest-rate fluctuation in the normal course of business. Commodity price risk - Commodity price risk refers to the risk of loss in cash flows and future earnings arising from adverse changes in the price of natural gas, NGLs and condensate.We use the following commodity derivative instruments to mitigate the commodity price risk associated with a portion of the forecasted sales of these commodities: Futures contracts -Standardized exchange-traded contracts to purchase or sell natural gas and crude oil at a specified price, requiring delivery on, or settlement through, the sale or purchase of an offsetting contract by a specified future date under the provisions of exchange regulations; Forward contracts-Commitments to purchase or sell natural gas, crude oil or NGLs for delivery at some specified time in the future. Forward contracts are different from futures in that forwards are customized and non-exchange traded; and Swaps - Financial trades involving the exchange of payments based on two different pricing structures for a commodity. In a typical commodity swap, parties exchange payments based on changes in the price of a commodity or a market index, while fixing the price they effectively pay or receive for the physical commodity.As a result, one party assumes the risks and benefits of the movements in market prices while the other party assumes the risks and benefits of a fixed price for the commodity. In our Natural Gas Gathering and Processing segment, we are exposed to commodity price risk as a result of receiving commodities in exchange for services associated with our POP contracts.To a lesser extent, exposures arise from the relative price differential between NGLs and natural gas, or the gross processing spread, with respect to our keep-whole processing contracts.We are also exposed to basis risk between the various production and market locations where we buy and sell commodities.As part of our hedging strategy, we use the previously described commodity derivative instruments to minimize the impact of price fluctuations related to natural gas, NGLs and condensate.We reduce our gross processing spread exposure through a combination of physical and financial hedges.We utilize a portion of our POP equity natural gas as an offset, or natural hedge, to an equivalent portion of our keep-whole shrink requirements.This has the effect of converting our gross processing spread risk to NGL commodity price risk.We hedge a portion of the forecasted sales of the commodities we retain, i

E. PROPERTY, PLANT AND EQUIPMEN

E. PROPERTY, PLANT AND EQUIPMENT
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Property, Plant and Equipment	E.PROPERTY, PLANT AND EQUIPMENT The following table sets forth our property, plant and equipment by property type, for the periods indicated: Estimated Useful December 31, December 31, Lives (Years) 2009 2008 (Thousands of dollars) Non-Regulated Gathering pipelines and related equipment 5 to 46 $ 982,849 $ 899,169 Processing and fractionation and related equipment 5 to 46 959,339 837,306 Storage and related equipment 5 to 54 219,898 189,212 Transmission pipelines and related equipment 5 to 54 190,734 200,698 General plant and other 2 to 42 71,860 74,658 Construction work in process 160,896 264,326 Regulated Storage and related equipment 5 to 54 134,934 129,484 Natural gas transmission pipelines and related equipment 5 to 80 1,383,210 1,231,966 Natural gas liquids transmission pipelines and related equipment 5 to 80 2,138,017 1,390,545 General plant and other 2 to 53 44,588 45,663 Construction work in process 67,584 545,652 Property, plant and equipment 6,353,909 5,808,679 Accumulated depreciation and amortization 972,497 875,279 Net property, plant and equipment $ 5,381,412 $ 4,933,400 The average depreciation rates for our regulated property are set forth, by segment, in the following table for the periods indicated: Years Ended December 31, 2009 2008 2007 Natural Gas Pipelines 2.2% 2.4% 2.4% Natural Gas Liquids 1.8% 2.0% 2.5% The average depreciation rate for our Natural Gas Liquids segments regulated property decreased in 2008, compared with 2007, due to placing in service newly constructed assets with longer economic lives.

F. GOODWILL AND INTANGIBLE ASSE

F. GOODWILL AND INTANGIBLE ASSETS
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Goodwill and Intangible Assets	F.GOODWILL AND INTANGIBLE ASSETS Goodwill Impairment Tests -There were no impairment charges resulting from our July 1, 2009, 2008 or 2007 impairment tests. Goodwill - The following table sets forth our goodwill, by segment, at both December 31, 2009 and 2008: (Thousands of dollars) Natural Gas Gathering and Processing $ 90,037 Natural Gas Pipelines 131,115 Natural Gas Liquids 175,566 Goodwill $ 396,718 Intangible Assets - Our intangible assets relate primarily to contracts acquired through acquisition, which are being amortized over an aggregate weighted-average period of 40 years.Amortization expense for intangible assets for 2009, 2008 and 2007 was $7.7 million each year, and the aggregate amortization expense for each of the next five years is estimated to be approximately $7.7 million.All of our intangible assets are accounted for in our Natural Gas Liquids segment.The following table reflects the gross carrying amount and accumulated amortization of intangible assets for the periods presented: December 31, December 31, 2009 2008 (Thousands of dollars) Gross Intangible Assets $ 306,650 $ 306,650 Accumulated Amortization (34,498 ) (26,832 ) Net Intangible Assets $ 272,152 $ 279,818

G. OTHER COMPREHENSIVE INCOME

G. OTHER COMPREHENSIVE INCOME (LOSS)
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Other Comprehensive Income (Loss)	G.OTHER COMPREHENSIVE INCOME (LOSS) The table below shows other comprehensive income (loss) for the periods indicated: Years Ended December 31, 2009 2008 2007 (Thousands of dollars) Unrealized gains (losses) on derivatives $ (33,306 ) $ 68,159 $ (16,555 ) Less:Realized gains (losses) on derivatives recognized in net income 53,348 (14,387 ) - Other 212 - - Other comprehensive income (loss) $ (86,442 ) $ 82,546 $ (16,555 ) The balance in accumulated other comprehensive income (loss) in our Consolidated Balance Sheets as of December 31, 2009 and 2008 was attributable to unrealized gains and losses on derivatives.

H. CREDIT FACILITIES

H. CREDIT FACILITIES
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Credit Facilities	H.CREDIT FACILITIES Our Partnership Credit Agreement, which expires March 2012, contains certain financial, operational and legal covenants.Among other things, these requirements include maintaining a ratio of indebtedness to adjusted EBITDA (EBITDA, as defined in our Partnership Credit Agreement, as adjusted for all non-cash charges and increased for projected EBITDA from certain lender-approved capital expansion projects) of no more than 5 to 1.If we consummate one or more acquisitions in which the aggregate purchase price is $25 million or more, the allowable ratio of indebtedness to adjusted EBITDA will be increased to 5.5 to 1 for the three calendar quarters following the acquisition.At December 31, 2009, our ratio of indebtedness to adjusted EBITDA was 4.5 to 1, and we were in compliance with all covenants under our Partnership Credit Agreement. At December 31, 2009 and 2008, we had $523 million and $870 million, respectively, in borrowings outstanding under our Partnership Credit Agreement, and under the most restrictive provisions of our Partnership Credit Agreement we had $367.1 million and $130 million, respectively, of credit available.At December 31, 2009 and 2008, we had a total of $24.2 million and $49.2 million, respectively, issued in letters of credit outside of our Partnership Credit Agreement.Borrowings under our Partnership Credit Agreement are nonrecourse to our general partner. The average interest rate on our short-term debt outstanding under this agreement was 0.54 percent and 4.22 percent at December 31, 2009 and 2008, respectively. Borrowings under our Partnership Credit Agreement are typically short term in nature, ranging from one day to six months. Accordingly, these borrowings are classified as short-term notes payable.

I. LONG TERM DEBT

I. LONG TERM DEBT
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Long-Term Debt	I.LONG-TERM DEBT All notes are senior unsecured obligations, ranking equally in right of payment with all of our existing and future unsecured senior indebtedness.The following table sets forth our long-term debt for the periods indicated: December 31, December 31, 2009 2008 (Thousands of dollars) ONEOK Partners $250,000 at 8.875% due 2010 $ 250,000 $ 250,000 $225,000 at 7.10% due 2011 225,000 225,000 $350,000 at 5.90% due 2012 350,000 350,000 $450,000 at 6.15% due 2016 450,000 450,000 $500,000 at 8.625% due 2019 500,000 - $600,000 at 6.65% due 2036 600,000 600,000 $600,000 at 6.85% due 2037 600,000 600,000 2,975,000 2,475,000 Guardian Pipeline 109,780 121,711 Total long-term notes payable 3,084,780 2,596,711 Unamortized portion of terminated swaps 4,673 8,414 Unamortized debt premium (5,436 ) (3,685 ) Current maturities (261,931 ) (11,931 ) Long-term debt $ 2,822,086 $ 2,589,509 The aggregate maturities of long-term debt outstanding for years 2010 through 2014 are shown below: ONEOK Guardian Partners Pipeline Total (Millions of dollars) 2010 $ 250.0 $ 11.9 $ 261.9 2011 $ 225.0 $ 11.9 $ 236.9 2012 $ 350.0 $ 11.1 $ 361.1 2013 $ - $ 7.7 $ 7.7 2014 $ - $ 7.7 $ 7.7 Debt Issuance - In March 2009, we completed an underwritten public offering of $500 million aggregate principal amount of 8.625 percent Senior Notes due 2019 (2019 Notes).The net proceeds from the 2019 Notes of approximately $494.3 million were used to repay indebtedness outstanding under our Partnership Credit Agreement.The 2019 Notes will mature on March 1, 2019.We will pay interest on the 2019 Notes on March 1 and September 1 of each year.The first payment of interest on the 2019 Notes was made on September 1, 2009. Debt Covenants - The terms of the 2019 Notes are governed by an indenture, dated as of September 25, 2006, between us and Wells Fargo Bank, N.A., as trustee, as supplemented by the Fifth Supplemental Indenture, dated March 3, 2009 (Indenture).The Indenture does not limit the aggregate principal amount of debt securities that may be issued and provides that debt securities may be issued from time to time in one or more additional series.The Indenture contains covenants including, among other provisions, limitations on our ability to place liens on our property or assets and to sell and lease back our property. Our $250 million and $225 million senior notes, due June 15, 2010, and March 15, 2011, respectively, contain provisions that require us to offer to repurchase the senior notes at par value if our Moodys or SP credit rating falls below investment grade (Baa3 for Moodys or BBB- for SP) and the investment-grade rating is not reinstated within a period of 40 days; however, once the $250

J. PARTNERS' EQUITY

J. PARTNERS' EQUITY
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Partners' Equity	J.PARTNERS EQUITY ONEOK - ONEOK and its affiliates owned all of the Class B units, 5.9 million common units and the entire 2 percent general partner interest in us, which together constituted a 45.1 percent ownership interest in us at December 31, 2009. Equity Issuances - 2010 Activity - In February 2010, we completed an underwritten public offering of 5,500,900 common units, including thepartial exercise by the underwriters of their over-allotment option,at $60.75 per common unit, generating net proceeds of approximately $322.6 million.In conjunction with the offering, ONEOK Partners GP contributed $6.8 million in order to maintain its 2 percent general partner interest in us.We used the proceeds from the sale of common units and the general partner contribution to repay borrowings under our Partnership Credit Agreement and for general partnership purposes.As a result of these transactions, ONEOK and its subsidiaries own a 42.8 percent aggregate equity interest in us. 2009 Activity - In July 2009, we completed an underwritten public offering of 5,486,690 common units, including the partial exercise by the underwriters of their over-allotment option, at $45.81 per common unit, generating net proceeds of approximately $241.6 million.In conjunction with the offering, ONEOK Partners GP contributed an aggregate of $5.1 million in order to maintain its 2 percent general partner interest in us.We used the proceeds from the sale of common units and the general partner contributions to repay borrowings under our Partnership Credit Agreement and for general partnership purposes. 2008 Activity - In March 2008, we completed an underwritten public offering of 2,628,873 common units, including the partial exercise by the underwriters of their over-allotment option, at $58.10 per common unit, generating net proceeds of approximately $147.0 million.In addition, we sold 5.4 million common units to ONEOK in a private placement, generating proceeds of approximately $303.2 million.In conjunction with the public offering of common units and the private placement, ONEOK Partners GP contributed $9.5 million in order to maintain its 2 percent general partner interest in us.We used a portion of the proceeds from the sale of common units and the general partner contributions to repay borrowings under our Partnership Credit Agreement. Cash Distributions - Cash distributions paid to our general partner of $94.7 million in 2009, $78.9 million in 2008 and $54.7 million in 2007, included incentive distributions of $84.7 million, $69.9 million and $47.1 million in 2009, 2008 and 2007, respectively.The following table sets forth the quarterly cash distribution declared and paid on each of our common and Class B units during the periods indicated: Years Ended December 31, 2009 2008 2007 First Quarter $ 1.08 $ 1.025 $ 0.98 Second Quarter $ 1.08 $ 1.040 $ 0.99 Third Quarter $ 1.08 $ 1.060 $ 1.00 Fourth Quarter $ 1.09 $ 1.080 $ 1.01 In January 2010, our general partner declared a cash distribution of $1.10 per unit ($4.40 per unit on an annualized basis)

K. COMMITMENTS AND CONTINGENCIE

K. COMMITMENTS AND CONTINGENCIES
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Commitments and Contingencies	K.COMMITMENTS AND CONTINGENCIES Commitments - Operating leases representfuture minimum lease payments under non-cancelable operating leases on a natural gas processing plant, office space, pipeline equipment, rights-of-way and vehicles.Firm transportation and storage contracts are fixed-price contracts that provide us with firm transportation and storage capacity.The following table sets forth our operating lease and firm transportation and storage contracts payments for the periods presented: Operating Firm Transportation and Leases Storage Contracts Total (Millions of dollars) 2010 $ 14.9 $ 6.8 $ 21.7 2011 $ 14.0 $ 1.4 $ 15.4 2012 $ 7.2 $ 1.4 $ 8.6 2013 $ 2.3 $ 1.4 $ 3.7 2014 $ 1.9 $ 1.2 $ 3.1 Investment in Northern Border Pipeline - In 2009, we made equity contributions of $42.3 million to Northern Border Pipeline.We do not anticipate any material equity contributions in 2010. Overland Pass Pipeline Company - Overland Pass Pipeline Company is a joint venture between us and a subsidiary of The Williams Companies, Inc. (Williams).We own 99 percent of the joint venture and operate the pipeline.On or before November 17, 2010, Williams has the option to increase its ownership in Overland Pass Pipeline Company up to a total of 50 percent, with the purchase price being determined in accordance with the joint ventures operating agreement.If Williams exercises its option to increase its ownership to 50 percent, Williams would have the option to become operator.Should Williams exercise its option to obtain a 50 percent ownership interest, we may be required to deconsolidate Overland Pass Pipeline Company and account for it under the equity method of accounting. Environmental Liabilities -We are subject to multiple environmental, historical and wildlife preservation laws and regulations affecting many aspects of our present and future operations.Regulated activities include those involving air emissions, stormwater and wastewater discharges, handling and disposal of solid and hazardous wastes, hazardous materials transportation, and pipeline and facility construction.These laws and regulations require us to obtain and comply with a wide variety of environmental clearances, registrations, licenses, permits and other approvals.Failure to comply with these laws, regulations, permits and licenses may expose us to fines, penalties and/or interruptions in our operations that could be material to our results of operations.If a leak or spill of hazardous substances or petroleum products occurs from lines or facilities that we own, operate or otherwise use, we could be held jointly and severally liable for all resulting liabilities, including response, investigation and clean-up costs, which could materially affect our results of operations and cash flows.In addition, emission controls required under the federal Clean Air Act and other similar federal and state laws could require unexpected capital expenditures at our facilities.We cannot assure th

L. INCOME TAXES

L. INCOME TAXES
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Income Taxes	L.INCOME TAXES The following table sets forth our provision for income taxes for the periods indicated: Years Ended December 31, 2009 2008 2007 (Thousands of dollars) Current income tax provision Federal $ 83 $ 80 $ 72 State 1,173 7,240 4,203 Total current income tax provision 1,256 7,320 4,275 Deferred income tax provision Federal 9,782 4,785 3,994 State 1,925 230 573 Total deferred income tax provision 11,707 5,015 4,567 Total provision for income taxes $ 12,963 $ 12,335 $ 8,842 The following table is a reconciliation of our income tax provision for the periods indicated: Years Ended December 31, 2009 2008 2007 (Thousands of dollars) Income before income taxes $ 447,667 $ 638,392 $ 417,005 Less: Net income attributable to noncontrolling interests 348 441 416 Income attributable to ONEOK Partners, L.P. before income taxes 447,319 637,951 416,589 Federal statutory income tax rate 35.0% 35.0% 35.0% Provision for federal income taxes 156,562 223,283 145,806 Partnership earnings not subject to tax (148,229 ) (216,332 ) (141,884 ) State income taxes, net of federal benefit 2,594 7,470 4,772 Other, net 2,036 (2,086 ) 148 Income tax provision $ 12,963 $ 12,335 $ 8,842 The following table sets forth the tax effects of temporary differences that gave rise to significant portions of the deferred tax assets and liabilities for the periods indicated: Years Ended December 31, 2009 2008 (Thousands of dollars) Deferred tax assets Net operating loss carryforward $ 2,559 $ 4,226 Other 688 44 Total deferred tax assets 3,247 4,270 Deferred tax liabilities Excess of tax over book depreciation and depletion 20,020 9,660 Regulatory assets 3,722 3,733 Other 6 1,613 Total deferred tax liabilities 23,748 15,006 Net deferred tax liabilities $ 20,501 $ 10,736 At December 31, 2009, we had approximately $2.6 million of tax benefits available related to net operating loss carryforwards, which will expire between the years 2022 and 2028.We believe that it is more likely than not that the tax benefits of the net operating loss carryforwards will be utilized prior to their expiration; therefore, no valuation allowance is necessary. We had income taxes payable of approximately $3.0 million and $7.2 million at December 31, 2009 and 2008, respectively.

M. SEGMENTS

M. SEGMENTS
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Segments	M.SEGMENTS Segment Descriptions - We implemented changes to the structure of our previous reportable business segments during the third quarter of 2009 to better align them with how we manage our businesses.Our financial results are now reported in these three segments: (i) Natural Gas Gathering and Processing; (ii) Natural Gas Pipelines, both of which remain unchanged; and (iii) Natural Gas Liquids, which consolidates our former natural gas liquids gathering and fractionation segment with our former natural gas liquids pipelines segment, due to the integrated manner in which they are managed.Prior-period amounts have been recast to reflect these segment changes. Our operations are divided into three reportable business segments based on similarities in economic characteristics, products and services, types of customers, methods of distribution and regulatory environment, as follows: our Natural Gas Gathering and Processing segment primarily gathers and processes natural gas; our Natural Gas Pipelines segment primarily operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities; and our Natural Gas Liquids segment primarily gathers, treats, fractionates and transports NGLs and stores, markets and distributes NGL products. Accounting Policies - The accounting policies of the segments are described in Notes A and P.Intersegment and affiliate sales are recorded on the same basis as sales to unaffiliated customers. Net margin is comprised of total revenues less cost of sales and fuel.Cost of sales and fuel includes commodity purchases, fuel and transportation costs. Customers - The primary customers for our Natural Gas Gathering and Processing segment are major and independent oil and gas production companies.Our Natural Gas Liquids segments customers are primarily NGL and natural gas gathering and processing companies, propane distributors and petrochemical, refining and NGL marketing companies.Companies served by our Natural Gas Pipelines segment include local distribution companies, power generating companies, natural gas marketing companies and petrochemical companies. In 2009, 2008 and 2007, we had no single external customer from which we received 10 percent or more of our consolidated revenues. For 2009 and 2008, sales to affiliated customers were less than 10 percent of our consolidated revenues, respectively.For 2007, sales to affiliated customers were 11 percent of our consolidated revenues.See Note P for additional information about our sales to affiliated customers. Operating Segment Information - The following tables set forth certain selected financial information for our operating segments for the periods indicated: Year Ended December 31, 2009 Natural Gas Gathering and Processing Natural Gas Pipelines (a) Natural Gas Liquids (b) Other and Eliminations Total (Thousands of dollars) Sales to unaffiliated customers $ 362,012 $ 235,553 $ 5,401,161 $ - $ 5,998,726 Sales to affiliated customers 369,324 106,441 - - 475,765

N. UNCONSOLIDATED AFFILIATES

N. UNCONSOLIDATED AFFILIATES
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Unconsolidated Affiliates	N.UNCONSOLIDATED AFFILIATES Investments in Unconsolidated Affiliates - The following table sets forth our investments in unconsolidated affiliates for the periods indicated: Net Ownership December 31, December 31, Interest 2009 2008 (Thousands of dollars) Northern Border Pipeline 50% $ 401,773 $ 392,601 Bighorn Gas Gathering 49% 96,492 97,289 Fort Union Gas Gathering 37% 111,675 108,642 Lost Creek Gathering Company (a) 35% 80,041 77,773 Other Various 75,182 79,187 Investments in unconsolidated affiliates (b) $ 765,163 $ 755,492 (a) - We are entitled to receive an incentive allocation of earnings from third-party gathering services revenue recognized by Lost Creek Gathering Company.As a result of the incentive, our share of Lost Creek Gathering Companys income exceeds our 35 percent ownership interest. (b) - Equity method goodwill (Note A) was $185.6 million at December 31, 2009 and 2008. Equity Earnings from Investments - The following table sets forth our equity earnings from investments for the periods indicated: Years Ended December 31, 2009 2008 2007 (Thousands of dollars) Northern Border Pipeline $ 41,300 $ 65,912 $ 62,008 Bighorn Gas Gathering 7,807 8,195 7,416 Fort Union Gas Gathering 14,533 14,172 9,681 Lost Creek Gathering Company 4,872 5,365 4,790 Other 4,210 7,788 6,013 Equity earnings from investments $ 72,722 $ 101,432 $ 89,908 Unconsolidated Affiliates Financial Information - The following tables set forth summarized combined financial information of our unconsolidated affiliates for the periods indicated: December 31, December 31, 2009 2008 (Thousands of dollars) Balance Sheet Current assets $ 84,910 $ 106,833 Property, plant and equipment, net $ 1,717,825 $ 1,777,350 Other noncurrent assets $ 28,675 $ 27,547 Current liabilities $ 70,500 $ 279,996 Long-term debt $ 653,937 $ 543,894 Other noncurrent liabilities $ 12,144 $ 14,360 Accumulated other comprehensive income (loss) $ (3,054 ) $ (5,708 ) Owners equity $ 1,097,883 $ 1,079,188 Years Ended December 31, 2009 2008 2007 (Thousands of dollars) Income Statement Operating revenues $ 383,625 $ 415,552 $ 404,399 Operating expenses $ 178,194 $ 179,380 $ 172,997 Net income $ 164,002 $ 209,915 $ 184,434 Distributions paid to us $ 109,807 $ 118,010 $ 103,785 Distributions paid to us are classified as operating activities on our Consolidated Statements of Cash Flows until the cumulative distributions exceed our proportionate share of income from the unconsolidated affiliate since the date of our initial investment.The amount of cumulative dist

O. LIMITED PARTNERS' NET INCOME

O. LIMITED PARTNERS' NET INCOME PER UNIT
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Limited Partners' Net Income Per Unit	O.LIMITED PARTNERS NET INCOME PER UNIT Limited partners net income per unit is computed by dividing net income attributable to ONEOK Partners, L.P., after deducting the general partners allocation as discussed below, by the weighted-average number of outstanding limited partner units, which includes our common and Class B limited partner units.ONEOK, as sole holder of our Class B units, has waived its right to receive increased quarterly distributions on the Class B units.Because ONEOK has waived its right to increased quarterly distributions, currently each Class B unit and common unit share equally in the earnings of the partnership, and neither has any liquidation or other preferences.ONEOK retains the option to withdraw its waiver at any time by giving us no less than 90 days advance notice.ONEOK Partners GP owns the entire 2 percent interest in us, which entitles it to incentive distribution rights that provide for an increasing proportion of cash distributions from the partnership as the distributions made to limited partners increase above specified levels. For purposes of our calculation of limited partners net income per unit, net income attributable to ONEOK Partners, L.P. is generally allocated to the general partner as follows: (i) an amount based upon the 2 percent general partner interest in net income attributable to ONEOK Partners, L.P. and (ii) the amount of the general partners incentive distribution rights based on the total cash distributions declared for the period.The amount of incentive distributions allocated to our general partners totaled $87.7 million, $76.0 million and $50.6 million for 2009, 2008 and 2007, respectively. The terms of our Partnership Agreement limit the general partners incentive distribution to the amount of available cash calculated for the period.As such, incentive distribution rights are not allocated on undistributed earnings or distributions in excess of earnings.Gains resulting from interim capital transactions, as defined in our Partnership Agreement, are generally not subject to distribution; however, our Partnership Agreement provides that if such distributions were made, the incentive distribution rights would not apply.For additional information regarding our general partners incentive distribution rights, see Cash Distributions in Note J.

P. RELATED PARTY TRANSACTIONS

P. RELATED PARTY TRANSACTIONS
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Related-Party Transactions	P.RELATED-PARTY TRANSACTIONS Intersegment and affiliate sales are recorded on the same basis as sales to unaffiliated customers.Our Natural Gas Gathering and Processing segment sells natural gas to ONEOK and its subsidiaries.A portion of our Natural Gas Pipelines segments revenues are from ONEOK and its subsidiaries.Additionally, our Natural Gas Gathering and Processing segment and Natural Gas Liquids segment purchase a portion of the natural gas used in their operations from ONEOK and its subsidiaries. We have certain contractual rights to the Bushton Plant.Our Processing and Services Agreement with ONEOK and OBPI sets out the terms by which OBPI provides services to us at the Bushton Plant through 2012.We have contracted for all of the capacity of the Bushton Plant from OBPI.In exchange, we pay OBPI for all costs and expenses of the Bushton Plant, including reimbursement of a portion of OBPIs obligations under equipment leases covering the Bushton Plant. Under the Services Agreement with ONEOK, ONEOK Partners GP and NBP Services (Services Agreement), our operations and the operations of ONEOK and its affiliates can combine or share certain common services in order to operate more efficiently and cost effectively.Under the Services Agreement, ONEOK provides to us similar services that it provides to its affiliates, including those services required to be provided pursuant to our Partnership Agreement.ONEOK Partners GP operates our interstate natural gas pipeline assets according to each pipelines operating agreement.ONEOK Partners GP may purchase services from ONEOK and its affiliates pursuant to the terms of the Services Agreement.ONEOK Partners GP has no employees and utilizes the services of ONEOK and ONEOK Services Company to fulfill its operating obligations. ONEOK and its affiliates provide a variety of services to us under the Services Agreement, including cash management and financial services, employee benefits provided through ONEOKs benefit plans, administrative services, insurance and office space leased in ONEOKs headquarters building and other field locations.Where costs are specifically incurred on behalf of one of our affiliates, the costs are billed directly to us by ONEOK.In other situations, the costs may be allocated to us through a variety of methods, depending upon the nature of the expense and activities.For example, a service that applies equally to all employees is allocated based upon the number of employees.However, an expense benefiting the consolidated company but having no direct basis for allocation is allocated by the modified Distrigas method, a method using a combination of ratios that includes gross plant and investment, earnings before interest and taxes and payroll expense.It is not practicable to determine what these general overhead costs would be on a stand-alone basis.All costs directly charged or allocated to us are included in our Consolidated Statements of Income. Our derivative contracts with OES are discussed under Credit Risk in Note D. The following table sets forth the transactions with related parties for the periods indicated: Years Ended December 31, 200

Q. QUARTERLY FINANCIAL DATA

Q. QUARTERLY FINANCIAL DATA (UNAUDITED)
	12 Months Ended Dec. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
Quarterly Financial Data (Unaudited)	Q.QUARTERLY FINANCIAL DATA (UNAUDITED) First Second Third Fourth Year Ended December 31, 2009 Quarter Quarter Quarter Quarter (Thousands of dollars, except per unit amounts) Revenues $ 1,250,865 $ 1,397,057 $ 1,560,003 $ 2,266,566 Net margin $ 253,541 $ 261,982 $ 292,879 $ 310,895 Operating income $ 124,819 $ 124,798 $ 144,734 $ 152,251 Net income $ 99,610 $ 97,539 $ 121,705 $ 115,850 Net income attributable to ONEOK Partners, L.P. $ 99,591 $ 97,538 $ 121,493 $ 115,734 Limited partners' per unit net income $ 0.85 $ 0.81 $ 1.00 $ 0.93 First Second Third Fourth Year Ended December 31, 2008 Quarter Quarter Quarter Quarter (Thousands of dollars, except per unit amounts) Revenues $ 2,059,035 $ 2,143,892 $ 2,241,107 $ 1,276,172 Net margin $ 268,525 $ 280,933 $ 325,400 $ 265,801 Operating income $ 150,532 $ 163,739 $ 197,526 $ 133,013 Net income $ 145,141 $ 154,655 $ 203,983 $ 122,278 Net income attributable to ONEOK Partners, L.P. $ 145,018 $ 154,521 $ 203,872 $ 122,205 Limited partners' per unit net income $ 1.48 $ 1.46 $ 1.97 $ 1.09

Document Information

Document Information
	12 Months Ended Dec. 31, 2009 USD / shares
Document Information [Text Block]
Document Type	10-K
Amendment Flag	false
Document Period End Date	2009-12-31

Entity Information

Entity Information (USD $)
In Billions, except Share data	12 Months Ended Dec. 31, 2009	Feb. 12, 2010	Jun. 30, 2009
Entity [Text Block]
Entity Registrant Name	ONEOK Partners LP
Entity Central Index Key	0000909281
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			2.7
Entity Common Stock, Shares Outstanding		65,162,777