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Investments in Unconsolidated Affiliates | 3 Months Ended
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Mar. 31, 2018
Investments in Unconsolidated Affiliates [Abstract] |
Investments in Unconsolidated Affiliates | Note 5. 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 March 31, 2018 |  |  | March 31, 2018 |  |  | December 31, 2017 |
NGL Pipelines & Services: |  |  |  |  |  |  |  |  |
Venice Energy Service Company, L.L.C. |  | 13.1% |  |  | $ | 24.6 |  |  | $ | 25.7 |
K/D/S Promix, L.L.C. |  | 50% |  |  |  | 29.6 |  |  |  | 30.9 |
Baton Rouge Fractionators LLC |  | 32.2% |  |  |  | 16.8 |  |  |  | 17.0 |
Skelly-Belvieu Pipeline Company, L.L.C. |  | 50% |  |  |  | 36.4 |  |  |  | 37.0 |
Texas Express Pipeline LLC |  | 35% |  |  |  | 310.5 |  |  |  | 314.4 |
Texas Express Gathering LLC |  | 45% |  |  |  | 35.7 |  |  |  | 35.9 |
Front Range Pipeline LLC |  | 33.3% |  |  |  | 164.5 |  |  |  | 165.7 |
Delaware Basin Gas Processing LLC (“Delaware Processing”) |  | 100% |  |  |  | -- |  |  |  | 107.3 |
Crude Oil Pipelines & Services: |  |  |  |  |  |  |  |  |  |  |  |
Seaway Crude Pipeline Company LLC |  | 50% |  |  |  | 1,392.3 |  |  |  | 1,378.9 |
Eagle Ford Pipeline LLC |  | 50% |  |  |  | 387.8 |  |  |  | 385.2 |
Eagle Ford Terminals Corpus Christi LLC |  | 50% |  |  |  | 92.4 |  |  |  | 75.1 |
Natural Gas Pipelines & Services: |  |  |  |  |  |  |  |  |  |  |  |
White River Hub, LLC |  | 50% |  |  |  | 20.6 |  |  |  | 20.8 |
Petrochemical & Refined Products Services: |  |  |  |  |  |  |  |  |  |  |  |
Centennial Pipeline LLC |  | 50% |  |  |  | 57.9 |  |  |  | 60.8 |
Other |  | Various |  |  |  | 14.3 |  |  |  | 4.7 |
Total |  |  |  |  |  | $ | 2,583.4 |  |  | $ | 2,659.4 |
On March 29, 2018, we acquired the remaining 50% member interest of our Delaware Processing joint venture. See Note 11 for information regarding this recent acquisition. The following table presents our equity in income (loss) of unconsolidated affiliates by business segment for the periods indicated:
|  | For the Three Months Ended March 31, |
|  | 2018 |  |  | 2017 |
NGL Pipelines & Services |  | $ | 19.4 |  |  | $ | 15.5 |
Crude Oil Pipelines & Services |  |  | 97.9 |  |  |  | 81.2 |
Natural Gas Pipelines & Services |  |  | 1.0 |  |  |  | 1.0 |
Petrochemical & Refined Products Services |  |  | (2.6 | ) |  |  | (2.9 | )
Total |  | $ | 115.7 |  |  | $ | 94.8 |
Summarized Combined Financial Information of Unconsolidated Affiliates Combined results of operations data for the periods indicated for our unconsolidated affiliates are summarized in the following table (all data presented on a 100% basis):
|  | For the Three Months Ended March 31, |
|  | 2018 |  |  | 2017 |
Income Statement Data: |  |  |  |  |  |
Revenues |  | $ | 396.0 |  |  | $ | 343.2 |
Operating income |  |  | 243.7 |  |  |  | 203.7 |
Net income |  |  | 242.3 |  |  |  | 202.9 |

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- References No definition available. + Details
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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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