v3.5.0.2
Note 2 - Acquisitions Rockies Natural Gas Business Acquisition (Details)
$ / shares in Units, $ in Millions
1 Months Ended 12 Months Ended
Jul. 22, 2015
shares
Apr. 06, 2015
Dec. 02, 2014
USD ($)
facility
Oct. 24, 2014
USD ($)
shares
Aug. 31, 2014
shares
Dec. 31, 2015
USD ($)
terminals
facility
Dec. 31, 2014
USD ($)
$ / shares
Dec. 31, 2013
USD ($)
$ / shares
Oct. 29, 2014
USD ($)
Acquisition                  
General partner’s ownership interest           2.00% 2.00% 2.00%  
Number of assets | terminals           29      
Proceeds from issuance of common units, net of issuance costs       $ 1,300   $ 95 [1] $ 1,449 [1] $ 701 [1]  
Aggregate principal amount                 $ 1,300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                  
Goodwill           130 164 [2]    
Investment in unconsolidated affiliates           58 57 [2]    
Fractionation Facility                  
Acquisition                  
Number of assets | facility     1            
Natural Gas Processing Complexes                  
Acquisition                  
Number of assets | facility     4            
Rockies Natural Gas Business Acquisition                  
Acquisition                  
Effective date of acquisition Jul. 22, 2015   Dec. 02, 2014            
Purchase price     $ 2,500            
Business acquisition, date of acquisition agreement   Apr. 06, 2015              
Limited partner common units, conversion ratio 0.3088                
Units issued in equity offering (units) | shares 7,100,000                
Fees for alternative financing arrangement     $ 16            
Measurement period adjustment           34      
Adjustments related to deferred issuance costs             8    
Transaction costs           2 33    
Reason for business combination     The acquisition aligns with TLLP’s strategies to focus on stable fee-based business, optimize existing assets, pursue organic growth and grow through acquisitions. The combined system provides a platform for growth across the crude oil and natural gas basin near existing TLLP assets. The Rockies Natural Gas Business Acquisition makes TLLP a full-service, integrated logistics company. Natural gas gathering and processing is an extension of our existing business allowing us to offer integrated crude oil and natural gas services to producers, particularly in the Bakken region.            
Acquired intangible assets, accumulated amortization           32      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                  
Cash           32      
Account receivable           120      
Prepayments and other           3      
Property, plant and equipment           1,695      
Intangibles           1,008      
Goodwill           121      
Investment in unconsolidated affiliates           59      
Other noncurrent assets           25      
Accounts payable           (56)      
Other current liabilities           (53)      
Other noncurrent liabilities           (5)      
Noncontrolling Interest           (433)      
Total purchase price           2,516      
Business Acquisition, Pro Forma Information                  
Revenues [3]             936 689  
Net earnings [3]             101 55  
Net earnings attributable to partners [3]             $ 106 $ 105  
Common - basic and diluted | $ / shares [3]             $ 0.77 $ 1.23  
Subordinated - basic and diluted | $ / shares [3]             $ 1.13 $ 1.39  
QEP Midstream Partners LP                  
Acquisition                  
Limited partnership, ownership interest     0.00%            
General partner’s ownership interest     0.00%            
QEP Midstream Partners GP, LLC                  
Acquisition                  
Limited partnership, ownership interest     0.00%            
Common                  
Acquisition                  
Common units sold to the public (units) | shares       23,000,000 2,100,000        
Proceeds from issuance of common units, net of issuance costs           293      
Gathering | Rockies Natural Gas Business Acquisition                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                  
Goodwill           $ 22      
Processing | Fractionation Facility                  
Acquisition                  
Number of assets | facility           1      
Processing | Rockies Natural Gas Business Acquisition                  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                  
Goodwill           $ 99      
[1] Adjusted to 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] {F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjA5Mzk4ZDcxMWI5NDQ2M2ZhYTcyN2I4ZTQ2MWMwMGY0fFRleHRTZWxlY3Rpb246ODc5MTMwMzFENjdENDY4NDcwRTNEQTE3NTFENzRFOUYM}