v3.5.0.2
Equity, Equity Activity (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Jun. 30, 2016
USD ($)
$ / shares
Jun. 30, 2015
USD ($)
Changes in carrying amount of Equity        
Balance at December 31, 2015     $ 1,794  
Sponsor contributions of equity to the Predecessor     33  
Loss Attributable To the Predecessors $ (2) $ (6) (3) $ (11)
Proceeds from Issuance of Units, net of issuance costs     293  
Effect of deconsolidation of RGS [1]     (86)  
Distributions [2]     (206)  
Net Earnings Attributable To Partners 83 $ 66 175 $ 130
Contributions [3]     13  
Other     2  
Balance at June 30, 2016 2,056   $ 2,056  
Incentive Distribution, Distribution Split Marginal Percentage     50.00%  
Incentive Distribution, Minimum Distribution Level | $ / shares     0.3881  
General partner distribution amount forfeited 2   $ 5  
Predecessor Equity [Member]        
Changes in carrying amount of Equity        
Balance at December 31, 2015 [4]     16  
Sponsor contributions of equity to the Predecessor [4]     33  
Loss Attributable To the Predecessors [4]     3  
Equity offering under ATM Program, net of issuance costs [4]     0  
Proceeds from Issuance of Units, net of issuance costs [4]     0  
Effect of deconsolidation of RGS [1],[4]     0  
Distributions [2],[4]     0  
Net Earnings Attributable To Partners     0  
Contributions [3],[4]     0  
Other [4]     0  
Balance at June 30, 2016 [4] 46   46  
Common        
Changes in carrying amount of Equity        
Balance at December 31, 2015     1,707  
Sponsor contributions of equity to the Predecessor     0  
Loss Attributable To the Predecessors     0  
Proceeds from Issuance of Units, net of issuance costs     293  
Effect of deconsolidation of RGS [1]     (2)  
Distributions [2]     (149)  
Net Earnings Attributable To Partners     107  
Contributions [3]     12  
Other     (3)  
Balance at June 30, 2016 2,006   2,006  
General Partner        
Changes in carrying amount of Equity        
Balance at December 31, 2015     (13)  
Sponsor contributions of equity to the Predecessor     0  
Loss Attributable To the Predecessors     0  
Proceeds from Issuance of Units, net of issuance costs     0  
Effect of deconsolidation of RGS [1]     0  
Distributions [2]     (57)  
Net Earnings Attributable To Partners     68  
Contributions [3]     1  
Other     5  
Balance at June 30, 2016 4   4  
Noncontrolling Interest        
Changes in carrying amount of Equity        
Balance at December 31, 2015     84  
Sponsor contributions of equity to the Predecessor     0  
Loss Attributable To the Predecessors     0  
Proceeds from Issuance of Units, net of issuance costs     0  
Effect of deconsolidation of RGS [1]     (84)  
Distributions [2]     0  
Net Earnings Attributable To Partners     0  
Contributions [3]     0  
Other     0  
Balance at June 30, 2016 $ 0   0  
ATM Program        
Changes in carrying amount of Equity        
Equity offering under ATM Program, net of issuance costs     41  
ATM Program | Common        
Changes in carrying amount of Equity        
Equity offering under ATM Program, net of issuance costs     41  
ATM Program | General Partner        
Changes in carrying amount of Equity        
Equity offering under ATM Program, net of issuance costs     0  
ATM Program | Noncontrolling Interest        
Changes in carrying amount of Equity        
Equity offering under ATM Program, net of issuance costs     $ 0  
[1] As the result of the reassessment performed, we deconsolidated RGS causing the derecognition of noncontrolling interest and an opening equity impact totaling $86 million. The cumulative effect to opening equity of $2 million related to the difference in earnings under the equity method of accounting in prior periods.
[2] Represents cash distributions declared and paid during the six months ended June 30, 2016 relating to the fourth quarter of 2015 and the first quarter of 2016.
[3] Includes Tesoro and TLGP contributions to the Partnership primarily related to reimbursements for capital spending pursuant predominantly to the Amended Omnibus Agreement and the Carson Assets Indemnity Agreement.
[4] Adjusted to include the historical results of the Predecessors. See Note 1 for further discussion.