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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2016
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation [Table Text Block]

The evaluation of the assigned fair values for the BP terminals acquisition is ongoing and subject to adjustment. As of June 30, 2016, our preliminary allocation of the purchase price for the BP terminals acquisition and the adjusted purchase price allocations for the Hiland acquisition and Royal Vopak terminals acquisition, both completed in February 2015, are detailed below (in millions).
 
Acquisitions
 
BP Terminal Assets
 
Hiland
 
Royal Vopak Terminal Assets
Purchase Price Allocation:
 
 
 
 
 
Current assets
$
2

 
$
79

 
$
2

Property, plant and equipment
396

 
1,492

 
155

Goodwill

 
310

 
6

Deferred charges and other assets(a)

 
1,498

 

Total assets acquired
398

 
3,379

 
163

Current liabilities

 
(253
)
 
(1
)
Debt

 
(1,413
)
 

Other liabilities
(49
)
 
(4
)
 
(4
)
Cash consideration
$
349

 
$
1,709

 
$
158


_______
(a)
Primarily consists of customer contracts and relationships with a weighted average amortization period of 16.4 years