Note 8. Investments in Unconsolidated Affiliates

The following table presents our investments in unconsolidated affiliates by business segment at the dates indicated. We account for these investments using the equity method.

	Ownership Interest at June 30, 2015	June 30, 2015			December 31, 2014
NGL Pipelines & Services:
Venice Energy Service Company, L.L.C.	13.1%	$	27.1		$	27.7
K/D/S Promix, L.L.C.	50%		43.8			38.5
Baton Rouge Fractionators LLC	32.2%		18.2			18.8
Skelly-Belvieu Pipeline Company, L.L.C.	50%		40.2			40.1
Texas Express Pipeline LLC	35%		345.8			349.3
Texas Express Gathering LLC	45%		37.3			37.9
Front Range Pipeline LLC	33.3%		171.1			170.0
Crude Oil Pipelines & Services:
Seaway Crude Pipeline Company LLC	50%		1,420.0			1,431.2
Eagle Ford Pipeline LLC	50%		378.1			336.5
Eagle Ford Terminals Corpus Christi LLC (1)	50%		20.2			--
Natural Gas Pipelines & Services:
White River Hub, LLC	50%		23.2			23.2
Delaware Basin Gas Processing LLC (2)	50%		7.9			--
Petrochemical & Refined Products Services:
Baton Rouge Propylene Concentrator, LLC	30%		6.1			6.5
Centennial Pipeline LLC (“Centennial”)	50%		65.9			66.1
Other	Various		2.3			2.5
Offshore Pipelines & Services:
Poseidon Oil Pipeline Company, L.L.C. (“Poseidon”)	36%		28.0			31.8
Cameron Highway Oil Pipeline Company	50%		195.5			201.3
Deepwater Gateway, L.L.C.	50%		77.5			79.6
Neptune Pipeline Company, L.L.C.	25.7%		33.1			34.9
Southeast Keathley Canyon Pipeline Company L.L.C.	50%		148.3			146.1
Subtotal			3,089.6			3,042.0
Less carrying values reclassified to assets held for sale (3)			(482.4	)		--
Total investments in unconsolidated affiliates		$	2,607.2		$	3,042.0

(1) New joint venture formed with Plains Marketing, L.P., a subsidiary of Plains All American Pipeline, L.P., in March 2015 to construct and operate a marine terminal that will handle crude oil delivered by Eagle Ford Pipeline LLC. (2) New joint venture formed with Oxy Delaware Basin Plant, LLC, a subsidiary of Occidental Petroleum Corporation, in April 2015 that will plan, design and construct a new cryogenic natural gas processing plant to accommodate the growing production of NGL-rich natural gas in the Delaware Basin. (3) At June 30, 2015, the carrying values of our investments in unconsolidated affiliates classified within the Offshore Pipelines & Services segment were reclassified to “Assets held for sale” as discussed in Note 6.

The following table presents our equity in income (loss) of unconsolidated affiliates by business segment for the periods indicated:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2015			2014			2015			2014
NGL Pipelines & Services	$	12.5		$	6.1		$	24.1		$	7.5
Crude Oil Pipelines & Services		79.4			42.2			139.3			84.9
Natural Gas Pipelines & Services		1.0			0.9			1.9			1.8
Petrochemical & Refined Products Services		(3.7	)		(6.5	)		(7.1	)		(6.1	)
Offshore Pipelines & Services		21.0			7.6			41.2			18.7
Total	$	110.2		$	50.3		$	199.4		$	106.8

The following table presents our unamortized excess cost amounts by business segment at the dates indicated:

	June 30, 2015		December 31, 2014
NGL Pipelines & Services	$	25.9	$	26.5
Crude Oil Pipelines & Services		21.2		21.7
Petrochemical & Refined Products Services		2.4		2.4
Offshore Pipelines & Services (1)		--		9.0
Total	$	49.5	$	59.6

(1) Balance at June 30, 2015 was reclassified to assets held for sale (see Note 6).

The following table presents our amortization of excess cost amounts by business segment for the periods indicated:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2015		2014		2015		2014
NGL Pipelines & Services	$	0.3	$	0.4	$	0.6	$	0.7
Crude Oil Pipelines & Services		0.2		0.1		0.5		0.3
Petrochemical & Refined Products Services		--		0.1		--		0.1
Offshore Pipelines & Services		0.8		0.3		2.8		0.5
Total	$	1.3	$	0.9	$	3.9	$	1.6

Other

The credit agreements of Poseidon and Centennial restrict their ability to pay cash dividends if a default or event of default (as defined in each credit agreement) has occurred and is continuing at the time such payments are scheduled to be paid. These businesses were in compliance with the terms of their credit agreements at June 30, 2015.