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Related Party Transactions
3 Months Ended
Mar. 31, 2017
Related Party Transactions [Abstract]  
Related Party Transactions
Related Party Transactions
Our related parties include:
Crowley Blue Water Partners, in which we have a 50 percent indirect noncontrolling interest. Crowley Blue Water Partners owns and operates three Jones Act ATB vessels.
Crowley Ocean Partners, in which we have a 50 percent indirect noncontrolling interest. Crowley Ocean Partners owns and operates Jones Act product tankers.
Explorer Pipeline Company (“Explorer”), in which we have a 25 percent interest. Explorer owns and operates a refined products pipeline.
Illinois Extension Pipeline Company, LLC (“Illinois Extension Pipeline”), in which we have a 35 percent noncontrolling interest. Illinois Extension Pipeline owns and operates a crude oil pipeline.
LOCAP LLC (“LOCAP”), in which we have a 59 percent noncontrolling interest. LOCAP owns and operates a crude oil pipeline.
LOOP LLC (“LOOP”), in which we have a 51 percent noncontrolling interest. LOOP owns and operates the only U.S. deepwater oil port.
MarkWest Utica EMG, in which we have a 56 percent noncontrolling interest. MarkWest Utica EMG is engaged in significant natural gas processing and NGL fractionation, transportation and marketing in the state of Ohio.
Ohio Condensate Company, L.L.C. (“Ohio Condensate”), in which we have a 60 percent noncontrolling interest. Ohio Condensate is engaged in wellhead condensate gathering, stabilization, terminalling, transportation and storage within certain defined areas of Ohio.
Ohio Gathering, in which we have a 34 percent indirect noncontrolling interest. Ohio Gathering is a subsidiary of MarkWest Utica EMG providing natural gas gathering service in the Utica Shale region of eastern Ohio.
PFJ Southeast, in which we have a 29 percent noncontrolling interest. PFJ Southeast owns travel plazas primarily in the Southeast United States.
Sherwood Midstream, in which we have a 50 percent noncontrolling interest. Sherwood Midstream supports the development of Antero Resources Corporation’s Marcellus Shale acreage in West Virginia.
Sherwood Midstream Holdings, in which we have a 90 percent direct and indirect noncontrolling interest. Sherwood Midstream Holdings owns certain infrastructure at the Sherwood Complex that is shared by and supports the operation of both the Sherwood Midstream and MarkWest gas processing plants.
The Andersons Albion Ethanol LLC (“TAAE”), in which we have a 45 percent noncontrolling interest, The Andersons Clymers Ethanol LLC (“TACE”), in which we have a 61 percent noncontrolling interest and The Andersons Marathon Ethanol LLC (“TAME”), in which we have a 67 percent noncontrolling interest. These companies each own and operate an ethanol production facility.
Other equity method investees.

We believe that transactions with related parties were conducted on terms comparable to those with unaffiliated parties.
Sales to related parties, which are included in “Sales and other operating revenues (including consumer excise taxes)” on the accompanying consolidated statements of income, were as follows:
 
Three Months Ended 
 March 31,
(In millions)
2017
 
2016
PFJ Southeast
$
151

 
$

Other equity method investees
3

 
1

Total
$
154

 
$
1


Other income from related parties, which is included in “Other income” on the accompanying consolidated statements of income, were as follows:
 
Three Months Ended 
 March 31,
(In millions)
2017
 
2016
MarkWest Utica EMG
$
4

 
$
2

Ohio Gathering
4

 
4

Other equity method investees
3

 
2

Total
$
11

 
$
8


Other income from related parties consists primarily of fees received for operating transportation assets for our related parties.
Purchases from related parties were as follows:
 
Three Months Ended 
 March 31,
(In millions)
2017
 
2016
Crowley Blue Water Partners
$
14

 
$

Crowley Ocean Partners
19

 
6

Explorer

 
2

Illinois Extension Pipeline
25

 
27

LOCAP
5

 
6

LOOP
13

 
13

TAAE
8

 
9

TACE
16

 
17

TAME
17

 
20

Other equity method investees
5

 
7

Total
$
122

 
$
107


Related party purchases from Crowley Blue Water Partners and Crowley Ocean Partners consist of leasing marine equipment primarily used to transport refined products. Related party purchases from Explorer consist primarily of refined product transportation costs. Related party purchases from Illinois Extension Pipeline, LOCAP, LOOP and other equity method investees consist primarily of crude oil transportation costs. Related party purchases from TAAE, TACE and TAME consist of ethanol purchases.
Receivables from related parties, which are included in “Receivables, less allowance for doubtful accounts” on the accompanying consolidated balance sheets, were as follows:
(In millions)
March 31,
2017
 
December 31,
2016
MarkWest Utica EMG
$

 
$
2

Ohio Gathering
3

 
2

Sherwood Midstream
14

 

PFJ Southeast
42

 
40

Other equity method investees
4

 
1

Total
$
63

 
$
45


The long-term receivable, which is included in “Other noncurrent assets” on the accompanying consolidated balance sheet, was $1 million at March 31, 2017 and $1 million at December 31, 2016.
Payables to related parties, which are included in “Accounts payable” on the accompanying consolidated balance sheets, were as follows: 
(In millions)
March 31,
2017
 
December 31,
2016
Illinois Extension Pipeline
$
8

 
$
9

LOCAP
2

 
2

LOOP
5

 
6

MarkWest Utica EMG
28

 
24

Ohio Condensate
2

 
1

Sherwood Midstream Holdings
3

 

TAAE
2

 
2

TACE
2

 
4

TAME
1

 
4

Other equity method investees

 
1

Total
$
53

 
$
53



Summarized financial information, in the aggregate, for our significant equity method investments on a 100 percent basis for the three months ended March 31, 2017 and 2016 are as follows:
 
Three Months Ended 
 March 31,
(In millions)
2017
 
2016
Revenues and other income
$
77

 
$
67

Income from operations
36

 
19

Net income
35

 
18