XML 55 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2014
Business acquisition  
Summary of selected unaudited pro forma results of operations

 

 

 

Year Ended

 

 

 

December 31, 2012

 

Total revenues

 

$

38,729 

 

Net income attributable to PAA

 

$

1,149 

 

Limited partner interest in net income attributable to PAA

 

$

846 

 

Net income per limited partner unit:

 

 

 

Basic

 

$

2.57 

 

Diluted

 

$

2.55 

 

 

BP NGL Acquisition  
Business acquisition  
Business acquisition fair value determination

The determination of the fair value of the assets and liabilities acquired is as follows (in millions):

 

 

 

 

 

Average

 

 

 

 

 

Depreciable

 

Description

 

Amount

 

Life (in years)

 

Working capital

 

$

241

 

N/A

 

Property and equipment

 

1,081

 

5 - 70

 

Linefill

 

85

 

N/A

 

Long-term inventory

 

165

 

N/A

 

Intangible assets (contract)

 

130

 

13

 

Goodwill

 

236

 

N/A

 

Deferred tax liability

 

(236

)

N/A

 

Environmental liability

 

(14

)

N/A

 

Other long-term liabilities

 

(5

)

N/A

 

Total

 

$

1,683