v3.5.0.2

Note 15 - Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

QUARTERLY FINANCIAL DATA (UNAUDITED)

	Quarters
	First				Second				Third				Fourth				Total Year
2015	(In millions, except per unit amounts)
Total revenues	$	263			$	275			$	282			$	292			$	1,112
Operating and maintenance expenses	99				111				113				132				455
Operating income	103				104				105				102				414
Net earnings	69				67				70				64				270
Limited partners’ interest in net earnings	50				50				53				46				199
Net earnings per limited partner unit (a):
Common - basic	$	0.63			$	0.60			$	0.62			$	0.49			$	2.33
Common - diluted	$	0.63			$	0.60			$	0.62			$	0.49			$	2.33
2014
Total revenues	$	127			$	133			$	150			$	190			$	600
Operating and maintenance expenses	59				68				78				108				313
Operating income	54				42				55				30				181
Net earnings (loss)	36				25				27				(15		)		73
Limited partners’ interest in net earnings (loss)	35				26				20				(25		)		56
Net earnings (loss) per limited partner unit (a):
Common - basic	$	0.64			$	0.45			$	0.33			$	(0.34	)		$	0.96
Common - diluted	$	0.64			$	0.45			$	0.33			$	(0.34	)		$	0.96
Subordinated - basic and diluted	$	0.64			$	0.45			$	—			$	—			$	0.62

____________

(a) The sum of four quarters may not equal annual results due to rounding or the quarterly number of shares outstanding.

X

- References

No definition available.

+ Details

Name:	us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)-(j)
-URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 6
-Section G
-Subsection 1

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 302
-Paragraph a

+ Details

Name:	us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration