v3.3.1.900
Note 16 - Condensed Consolidating Financial Information Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues                      
Affiliate [1]                 $ 615 $ 497 $ 273
Third-party [1]                 497 103 40
Total Revenues $ 292 $ 282 $ 275 $ 263 $ 190 $ 150 $ 133 $ 127 1,112 [1] 600 [1] 313 [1]
Costs and Expenses                      
Operating and maintenance expenses 131 112 110 98 106 77 67 58 451 [1] 308 [1] 184 [1]
Imbalance settlement gains and reimbursements [1]                 (40) (43) (12)
General and administrative expenses [1]                 102 74 32
Depreciation and amortization expenses [1],[2]                 179 78 46
Gain on asset disposals and impairments [1]                 1 (4) 0
Total Costs and Expenses [1]                 693 413 250
Operating Income (Loss) 104 106 105 104 32 56 44 55 419 [1] 187 [1] 63 [1]
Interest and financing costs, net [1]                 (150) (109) (39)
Equity in earnings of unconsolidated affiliates [1]                 7 1 0
Equity in earnings (loss) of subsidiaries                 0 0  
Income tax expense [1]                 (1) 0 0
Net earnings (loss) $ 66 $ 71 $ 68 $ 70 $ (13) $ 28 $ 27 $ 37 275 [1] 79 [1] 24 [1]
Loss attributable to Predecessors [1]                 17 [3] 23 [4] 56
Net earnings attributable to noncontrolling interest [1]                 (20) (3) 0
Net earnings attributable to partners [1]                 272 99 $ 80
Parent                      
Revenues                      
Affiliate                 0 6  
Third-party                 0 0  
Total Revenues                 0 6  
Costs and Expenses                      
Operating and maintenance expenses                 15 27  
Imbalance settlement gains and reimbursements                 0 0  
General and administrative expenses                 29 37  
Depreciation and amortization expenses                 1 2  
Gain on asset disposals and impairments                 0 0  
Total Costs and Expenses                 45 66  
Operating Income (Loss)                 (45) (60)  
Interest and financing costs, net                 0 0  
Equity in earnings of unconsolidated affiliates                 0 0  
Equity in earnings (loss) of subsidiaries                 300 136  
Income tax expense                 0    
Net earnings (loss)                 255 76  
Loss attributable to Predecessors                 17 [3] 23 [4]  
Net earnings attributable to noncontrolling interest                 0 0  
Net earnings attributable to partners                 272 99  
Guarantor Subsidiaries                      
Revenues                      
Affiliate                 615 491  
Third-party                 492 103  
Total Revenues                 1,107 594  
Costs and Expenses                      
Operating and maintenance expenses                 463 283  
Imbalance settlement gains and reimbursements                 (40) (43)  
General and administrative expenses                 73 37  
Depreciation and amortization expenses                 162 75  
Gain on asset disposals and impairments                 1 (4)  
Total Costs and Expenses                 659 348  
Operating Income (Loss)                 448 246  
Interest and financing costs, net                 (140) (105)  
Equity in earnings of unconsolidated affiliates                 7 1  
Equity in earnings (loss) of subsidiaries                 3 (3)  
Income tax expense                 (1)    
Net earnings (loss)                 317 139  
Loss attributable to Predecessors                 0 [3] 0 [4]  
Net earnings attributable to noncontrolling interest                 (17) (3)  
Net earnings attributable to partners                 300 136  
Non-Guarantors                      
Revenues                      
Affiliate                 28 2  
Third-party                 5 0  
Total Revenues                 33 2  
Costs and Expenses                      
Operating and maintenance expenses                 1 0  
Imbalance settlement gains and reimbursements                 0 0  
General and administrative expenses                 0 0  
Depreciation and amortization expenses                 16 1  
Gain on asset disposals and impairments                 0 0  
Total Costs and Expenses                 17 1  
Operating Income (Loss)                 16 1  
Interest and financing costs, net                 (10) (4)  
Equity in earnings of unconsolidated affiliates                 0 0  
Equity in earnings (loss) of subsidiaries                 0 0  
Income tax expense                 0    
Net earnings (loss)                 6 (3)  
Loss attributable to Predecessors                 0 [3] 0 [4]  
Net earnings attributable to noncontrolling interest                 (3) 0  
Net earnings attributable to partners                 3 (3)  
Consolidating Adjustments                      
Revenues                      
Affiliate                 (28) (2)  
Third-party                 0 0  
Total Revenues                 (28) (2)  
Costs and Expenses                      
Operating and maintenance expenses                 (28) (2)  
Imbalance settlement gains and reimbursements                 0 0  
General and administrative expenses                 0 0  
Depreciation and amortization expenses                 0 0  
Gain on asset disposals and impairments                 0 0  
Total Costs and Expenses                 (28) (2)  
Operating Income (Loss)                 0 0  
Interest and financing costs, net                 0 0  
Equity in earnings of unconsolidated affiliates                 0 0  
Equity in earnings (loss) of subsidiaries                 (303) (133)  
Income tax expense                 0    
Net earnings (loss)                 (303) (133)  
Loss attributable to Predecessors                 0 [3] 0 [4]  
Net earnings attributable to noncontrolling interest                 0 0  
Net earnings attributable to partners                 $ (303) $ (133)  
[1] All periods include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[2] Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[3] Amounts attributable to Predecessors have been reflected in the Parent column.
[4] Amounts attributable to Predecessors have been reflected in the Parent column.