v3.5.0.2
Condensed Statements of Combined Consolidated Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Affiliate [1] $ 169 $ 148
Third-party 131 115
Total Revenues 300 263
Costs and Expenses    
Operating and maintenance expenses 113 99
Imbalance settlement gains and reimbursements (7) (8)
General and administrative expenses 24 25
Depreciation and amortization expenses 44 44
Net gain on asset disposals and impairments 1 0
Total Costs and Expenses 175 160
OPERATING INCOME (Loss) 125 103
Interest and financing costs, net (44) (37)
Equity in earnings of unconsolidated affiliates 4 3
Other Operating Income (Expense), Net 6 0
Net Earnings 91 69
Loss attributable to Predecessors 1 5
Net earnings attributable to noncontrolling interest 0 (10)
Net Earnings Attributable to Partners 92 64
General partner's interest in net earnings, including incentive distribution rights (32) (14)
Limited Partners’ Interest in Net Earnings $ 60 $ 50
Net Earnings per Limited Partner Unit    
Common - basic $ 0.64 $ 0.63
Common - diluted $ 0.64 $ 0.63
Weighted average limited partner units outstanding:    
Common units - basic 93.6 80.3
Common units - diluted 93.6 80.3
Cash distributions paid per unit $ 0.7800 $ 0.6675
[1] Tesoro accounted for 56% of our total revenues for both the three months ended March 31, 2016 and 2015.