v3.5.0.2

Note 17 - Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2015

Subsequent Event

Schedule of Distributions Made to Members or Limited Partners, by Distribution

The allocation of total quarterly cash distributions to general and limited partners is as follows for the years ended December 31, 2015, 2014 and 2013 (in millions). Our distributions are declared subsequent to quarter end; therefore, the following table represents total cash distributions applicable to the period in which the distributions are earned.

	Years Ended December 31,
	2015				2014				2013
General partner’s distributions:
General partner’s distributions	$	6			$	5			$	2
General partner’s IDRs (a)	69				41				11
Total general partner’s distributions	$	75			$	46			$	13
Limited partners’ distributions:
Common	$	259			$	157			$	71
Subordinated	—				14				32
Total limited partners’ distributions	259				171				103
Total Cash Distributions	$	334			$	217			$	116

____________

(a) In connection with the Rockies Natural Gas Business Acquisition, our general partner waived its right to $10 million of general partner distributions with respect to IDRs during 2015.

The table below summarizes the quarterly distributions:

Quarter Ended	Quarterly Distribution Per Unit				Total Cash Distribution including general partner IDRs (in millions)				Date of Distribution		Unitholders Record Date
March 31, 2016	$	0.810			$	108			May 13, 2016		May 2, 2016
June 30, 2016	0.842				123				August 12, 2016		August 2, 2016
September 30, 2016 (a)	0.875				131				November 14, 2016		November 4, 2016

(a) This distribution was declared on October 18, 2016 and was paid on the date of distribution.

X

- Definition

Tabular disclosure of payment of cash or stock made to limited partner of limited partnership (LP).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70434-108055

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X

- Definition

Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event.

+ References

No definition available.

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