XML 122 R41.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Business Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Segment Reporting [Abstract] |
Schedule Of Segment Information |
| Pipeline Transportation |  | Refinery Services |  | Supply & Logistics |  | Total
Year Ended December 31, 2012 |  |  |  |  |  |  |
Segment margin (a) | $ | 96,539 |  |  | $ | 72,883 |  |  | $ | 92,911 |  |  | $ | 262,333 |
Capital expenditures (b) | $ | 328,710 |  |  | $ | 2,692 |  |  | $ | 94,896 |  |  | $ | 426,298 |
Revenues: |  |  |  |  |  |  |
External customers | $ | 61,706 |  |  | $ | 205,110 |  |  | $ | 3,803,241 |  |  | $ | 4,070,057 |
Intersegment (c) | 14,584 |  |  | (9,093 | ) |  | (5,491 | ) |  | — |
Total revenues of reportable segments | $ | 76,290 |  |  | $ | 196,017 |  |  | $ | 3,797,750 |  |  | $ | 4,070,057 |
Year Ended December 31, 2011 |  |  |  |  |  |  |
Segment margin (a) | $ | 67,908 |  |  | $ | 74,618 |  |  | $ | 59,975 |  |  | $ | 202,501 |
Capital expenditures (b) | $ | 14,501 |  |  | $ | 1,846 |  |  | $ | 170,647 |  |  | $ | 186,994 |
Revenues: |  |  |  |  |  |  |
External customers | $ | 50,391 |  |  | $ | 210,394 |  |  | $ | 2,828,884 |  |  | $ | 3,089,669 |
Intersegment (c) | 11,799 |  |  | (8,683 | ) |  | (3,116 | ) |  | — |
Total revenues of reportable segments | $ | 62,190 |  |  | $ | 201,711 |  |  | $ | 2,825,768 |  |  | $ | 3,089,669 |
Year Ended December 31, 2010 |  |  |  |  |  |  |
Segment margin (a) | $ | 48,305 |  |  | $ | 62,923 |  |  | $ | 38,336 |  |  | $ | 149,564 |
Capital expenditures (b) | $ | 333,557 |  |  | $ | 1,433 |  |  | $ | 1,740 |  |  | $ | 336,730 |
Revenues: |  |  |  |  |  |  |
External customers | $ | 45,367 |  |  | $ | 158,456 |  |  | $ | 1,897,501 |  |  | $ | 2,101,324 |
Intersegment (c) | 10,285 |  |  | (7,396 | ) |  | (2,889 | ) |  | — |
Total revenues of reportable segments | $ | 55,652 |  |  | $ | 151,060 |  |  | $ | 1,894,612 |  |  | $ | 2,101,324 |
Total assets by reportable segment were as follows:
| December 31, 2012 |  | December 31, 2011 |  | December 31, 2010
Pipeline transportation | $ | 890,652 |  |  | $ | 594,728 |  |  | $ | 606,980 |
Refinery services | 414,170 |  |  | 426,993 |  |  | 422,351 |
Supply and logistics | 750,347 |  |  | 658,393 |  |  | 432,808 |
Other assets | 54,495 |  |  | 50,730 |  |  | 44,596 |
Total consolidated assets | $ | 2,109,664 |  |  | $ | 1,730,844 |  |  | $ | 1,506,735 |
(a) | A reconciliation of Segment Margin to income (loss) before income taxes for each year presented is as follows:
| Year Ended December 31,
| 2012 |  | 2011 |  | 2010
Segment margin | $ | 262,333 |  |  | $ | 202,501 |  |  | $ | 149,564 |
Corporate general and administrative expenses | (38,372 | ) |  | (31,685 | ) |  | (110,058 | )
Depreciation, amortization and impairment | (61,166 | ) |  | (62,190 | ) |  | (53,569 | )
Interest expense | (40,921 | ) |  | (35,767 | ) |  | (22,924 | )
Distributable cash from equity investees in excess of equity in earnings | (24,464 | ) |  | (16,681 | ) |  | (2,284 | )
Non-cash items not included in segment margin | (5,280 | ) |  | (1,531 | ) |  | (4,479 | )
Cash payments from direct financing leases in excess of earnings | (5,016 | ) |  | (4,615 | ) |  | (4,203 | )
Income (loss) before income taxes | $ | 87,114 |  |  | $ | 50,032 |  |  | $ | (47,953 | )
(b) | Capital expenditures include maintenance and growth capital expenditures, such as fixed asset additions (including enhancements to existing facilities and construction of internal growth projects) as well as acquisitions of businesses and interests in equity investees. Capital spending in our pipeline transportation segment included $63.7 million during the year ended December 31, 2012 representing capital contributions to our SEKCO equity investee to fund our share of the construction costs for its pipeline. During the same period, capital spending in our pipeline transportation segment also included $205.6 million for the acquisition of interests in several Gulf of Mexico pipelines. During 2012, capital spending in our supply and logistics segment also included $30.9 million for the purchase of barge assets.
(c) | Intersegment sales were conducted under terms that we believe were no more or less favorable than then-existing market conditions.
Reconciliation Of Segment Margin To (Loss) Income Before Income Taxes | A reconciliation of Segment Margin to income (loss) before income taxes for each year presented is as follows:
| Year Ended December 31,
| 2012 |  | 2011 |  | 2010
Segment margin | $ | 262,333 |  |  | $ | 202,501 |  |  | $ | 149,564 |
Corporate general and administrative expenses | (38,372 | ) |  | (31,685 | ) |  | (110,058 | )
Depreciation, amortization and impairment | (61,166 | ) |  | (62,190 | ) |  | (53,569 | )
Interest expense | (40,921 | ) |  | (35,767 | ) |  | (22,924 | )
Distributable cash from equity investees in excess of equity in earnings | (24,464 | ) |  | (16,681 | ) |  | (2,284 | )
Non-cash items not included in segment margin | (5,280 | ) |  | (1,531 | ) |  | (4,479 | )
Cash payments from direct financing leases in excess of earnings | (5,016 | ) |  | (4,615 | ) |  | (4,203 | )
Income (loss) before income taxes | $ | 87,114 |  |  | $ | 50,032 |  |  | $ | (47,953 | )
(b) | Capital expenditures include maintenance and growth capital expenditures, such as fixed asset additions (including enhancements to existing facilities and construction of internal growth projects) as well as acquisitions of businesses and interests in equity investees. Capital spending in our pipeline transportation segment included $63.7 million during the year ended December 31, 2012 representing capital contributions to our SEKCO equity investee to fund our share of the construction costs for its pipeline. During the same period, capital spending in our pipeline transportation segment also included $205.6 million for the acquisition of interests in several Gulf of Mexico pipelines. During 2012, capital spending in our supply and logistics segment also included $30.9 million for the purchase of barge assets.
(c) | Intersegment sales were conducted under terms that we believe were no more or less favorable than then-existing market conditions.

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration