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Debt Obligations (Tables)
 9 Months Ended
Sep. 30, 2014
Debt Obligations [Abstract]  
Consolidated Debt Obligations
The following table presents our consolidated debt obligations (arranged by company and maturity date) at the dates indicated:

 
 
September 30,
2014
  
December 31,
2013
 
EPO senior debt obligations:
 
  
 
Commercial Paper Notes, fixed-rates (1)
 
$
1,290.0
  
$
475.0
 
Senior Notes O, 9.75% fixed-rate, due January 2014
  
--
   
500.0
 
Senior Notes G, 5.60% fixed-rate, due October 2014
  
650.0
   
650.0
 
Senior Notes I, 5.00% fixed-rate, due March 2015
  
250.0
   
250.0
 
Senior Notes X, 3.70% fixed-rate, due June 2015
  
400.0
   
400.0
 
Senior Notes FF, 1.25% fixed-rate, due August 2015
  
650.0
   
650.0
 
$1.5 Billion 364-Day Credit Agreement, variable-rate, due September 2015
  
--
   
--
 
Senior Notes AA, 3.20% fixed-rate, due February 2016
  
750.0
   
750.0
 
Senior Notes L, 6.30% fixed-rate, due September 2017
  
800.0
   
800.0
 
Senior Notes V, 6.65% fixed-rate, due April 2018
  
349.7
   
349.7
 
$3.5 Billion Multi-Year Revolving Credit Facility, variable-rate, due June 2018
  
--
   
--
 
Senior Notes N, 6.50% fixed-rate, due January 2019
  
700.0
   
700.0
 
Senior Notes Q, 5.25% fixed-rate, due January 2020
  
500.0
   
500.0
 
Senior Notes Y, 5.20% fixed-rate, due September 2020
  
1,000.0
   
1,000.0
 
Senior Notes CC, 4.05% fixed-rate, due February 2022
  
650.0
   
650.0
 
Senior Notes HH, 3.35% fixed-rate, due March 2023
  
1,250.0
   
1,250.0
 
Senior Notes JJ, 3.90% fixed-rate, due February 2024
  
850.0
   
--
 
Senior Notes D, 6.875% fixed-rate, due March 2033
  
500.0
   
500.0
 
Senior Notes H, 6.65% fixed-rate, due October 2034
  
350.0
   
350.0
 
Senior Notes J, 5.75% fixed-rate, due March 2035
  
250.0
   
250.0
 
Senior Notes W, 7.55% fixed-rate, due April 2038
  
399.6
   
399.6
 
Senior Notes R, 6.125% fixed-rate, due October 2039
  
600.0
   
600.0
 
Senior Notes Z, 6.45% fixed-rate, due September 2040
  
600.0
   
600.0
 
Senior Notes BB, 5.95% fixed-rate, due February 2041
  
750.0
   
750.0
 
Senior Notes DD, 5.70% fixed-rate, due February 2042
  
600.0
   
600.0
 
Senior Notes EE, 4.85% fixed-rate, due August 2042
  
750.0
   
750.0
 
Senior Notes GG, 4.45% fixed-rate, due February 2043
  
1,100.0
   
1,100.0
 
Senior Notes II, 4.85% fixed-rate, due March 2044
  
1,000.0
   
1,000.0
 
Senior Notes KK, 5.10% fixed-rate, due February 2045
  
1,150.0
   
--
 
TEPPCO senior debt obligations:
        
TEPPCO Senior Notes, 6.65% fixed-rate, due April 2018
  
0.3
   
0.3
 
TEPPCO Senior Notes, 7.55% fixed-rate, due April 2038
  
0.4
   
0.4
 
Total principal amount of senior debt obligations
  
18,140.0
   
15,825.0
 
EPO Junior Subordinated Notes A, fixed/variable-rate, due August 2066 (2)
  
550.0
   
550.0
 
EPO Junior Subordinated Notes C, fixed/variable-rate, due June 2067 (3)
  
285.8
   
285.8
 
EPO Junior Subordinated Notes B, fixed/variable-rate, due January 2068 (4)
  
682.7
   
682.7
 
TEPPCO Junior Subordinated Notes, fixed/variable-rate, due June 2067 
  
14.2
   
14.2
 
Total principal amount of senior and junior debt obligations
  
19,672.7
   
17,357.7
 
Other, non-principal amounts
  
(26.3
)
  
(6.2
)
Less current maturities of debt (5)
  
(1,939.9
)
  
(1,125.0
)
Total long-term debt
 
$
17,706.5
  
$
16,226.5
 
 
 
(1)     Principal amounts outstanding at September 30, 2014 have fixed rates ranging from 0.22% and 0.29% and are due in October 2014.
 
(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%.
 
(5)    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 September 30, 2014 after taking into consideration the long-term refinancing of Senior Notes G and $650 million of Commercial Paper Notes using proceeds from the issuance of senior notes in October 2014 (see Note 18).
 
Consolidated Debt Maturities
The following table presents contractually scheduled maturities of our consolidated debt obligations outstanding at September 30, 2014 for the next five years, and in total thereafter:

 
 
  
Scheduled Maturities of Debt
 
 
 
Total
  
Remainder
of 2014
  
2015
  
2016
  
2017
  
2018
  
After
2018
 
Commercial Paper
 
$
1,290.0
  
$
1,290.0
  
$
--
  
$
--
  
$
--
  
$
--
  
$
--
 
Senior Notes
  
16,850.0
   
650.0
   
1,300.0
   
750.0
   
800.0
   
350.0
   
13,000.0
 
Junior Subordinated Notes
  
1,532.7
   
--
   
--
   
--
   
--
   
--
   
1,532.7
 
Total
 
$
19,672.7
  
$
1,940.0
  
$
1,300.0
  
$
750.0
  
$
800.0
  
$
350.0
  
$
14,532.7
 
Interest Rates and Weighted-Average Interest Rates Paid on Consolidated Variable-Rate Debt Obligations
The following table presents the range of interest rates and weighted-average interest rates paid on our consolidated variable-rate debt during the nine months ended September 30, 2014:

 
Range of
Interest Rates
Paid
Weighted-Average
Interest Rate
Paid
EPO $3.5 Billion Multi-Year Revolving Credit Facility
1.13% to 1.14%
1.13%