v3.7.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Financial Data for Segments
The tables below show our financial data for our segments for the periods indicated (in millions):

 
Three Months Ended June 30, 2017
 
West
 
Texas
 
East
 
Consolidation
and
Elimination
 
Total
Revenues from external customers
$
401

 
$
797

 
$
886

 
$

 
$
2,084

Intersegment revenues

 
5

 
2

 
(7
)
 

Total operating revenues
$
401

 
$
802

 
$
888

 
$
(7
)
 
$
2,084

Commodity Margin
$
244

 
$
167

 
$
236

 
$

 
$
647

Add: Mark-to-market commodity activity, net and other(1)
(38
)
 
(30
)
 
(18
)
 
(6
)
 
(92
)
Less:
 
 
 
 
 
 
 
 
 
Plant operating expense
111

 
109

 
89

 
(7
)
 
302

Depreciation and amortization expense
63

 
65

 
58

 

 
186

Sales, general and other administrative expense
8

 
21

 
11

 

 
40

Other operating expenses
8

 
3

 
8

 
1

 
20

(Income) from unconsolidated subsidiaries

 

 
(6
)
 

 
(6
)
Income (loss) from operations
16

 
(61
)
 
58

 

 
13

Interest expense
 
 
 
 
 
 
 
 
154

Debt extinguishment costs and other (income) expense, net
 
 
 
 
 
 
 
 
8

Loss before income taxes
 
 
 
 
 
 
 
 
$
(149
)

 
Three Months Ended June 30, 2016
 
West
 
Texas
 
East
 
Consolidation
and
Elimination
 
Total
Revenues from external customers
$
211

 
$
530

 
$
423

 
$

 
$
1,164

Intersegment revenues
1

 
4

 
4

 
(9
)
 

Total operating revenues
$
212

 
$
534

 
$
427

 
$
(9
)
 
$
1,164

Commodity Margin
$
254

 
$
160

 
$
243

 
$

 
$
657

Add: Mark-to-market commodity activity, net and other(1)
(62
)
 
7

 
28

 
(8
)
 
(35
)
Less:
 
 
 
 
 
 
 
 
 
Plant operating expense
98

 
85

 
96

 
(8
)
 
271

Depreciation and amortization expense
56

 
53

 
53

 

 
162

Sales, general and other administrative expense
8

 
14

 
12

 
1

 
35

Other operating expenses
7

 
2

 
10

 
(2
)
 
17

(Income) from unconsolidated subsidiaries

 

 
(3
)
 

 
(3
)
Income from operations
23

 
13

 
103

 
1

 
140

Interest expense
 
 
 
 
 
 
 
 
157

Debt extinguishment costs and other (income) expense, net
 
 
 
 
 
 
 
 
21

Loss before income taxes
 
 
 
 
 
 
 
 
$
(38
)
 
Six Months Ended June 30, 2017
 
West
 
Texas
 
East
 
Consolidation
and
Elimination
 
Total
Revenues from external customers
$
1,113

 
$
1,596

 
$
1,656

 
$

 
$
4,365

Intersegment revenues
2

 
8

 
4

 
(14
)
 

Total operating revenues
$
1,115

 
$
1,604

 
$
1,660

 
$
(14
)
 
$
4,365

Commodity Margin
$
465

 
$
315

 
$
425

 
$

 
$
1,205

Add: Mark-to-market commodity activity, net and other(2)
39

 
(60
)
 
(26
)
 
(14
)
 
(61
)
Less:
 
 
 
 
 
 
 
 


Plant operating expense
208

 
205

 
185

 
(14
)
 
584

Depreciation and amortization expense
154

 
127

 
111

 

 
392

Sales, general and other administrative expense
21

 
38

 
21

 

 
80

Other operating expenses
17

 
6

 
17

 

 
40

(Gain) on sale of assets, net

 

 
(27
)
 

 
(27
)
(Income) from unconsolidated subsidiaries

 

 
(10
)
 

 
(10
)
Income (loss) from operations
104

 
(121
)
 
102

 

 
85

Interest expense
 
 
 
 
 
 
 
 
313

Debt extinguishment costs and other (income) expense, net
 
 
 
 
 
 
 
 
34

Loss before income taxes
 
 
 
 
 
 
 
 
$
(262
)

 
Six Months Ended June 30, 2016
 
West
 
Texas
 
East
 
Consolidation
and
Elimination
 
Total
Revenues from external customers
$
635

 
$
1,062

 
$
1,082

 
$

 
$
2,779

Intersegment revenues
3

 
7

 
7

 
(17
)
 

Total operating revenues
$
638

 
$
1,069

 
$
1,089

 
$
(17
)
 
$
2,779

Commodity Margin
$
451

 
$
313

 
$
473

 
$

 
$
1,237

Add: Mark-to-market commodity activity, net and other(2)
(16
)
 
(103
)
 
7

 
(14
)
 
(126
)
Less:
 
 
 
 
 
 
 
 
 
Plant operating expense
189

 
171

 
180

 
(14
)
 
526

Depreciation and amortization expense
125

 
106

 
111

 

 
342

Sales, general and other administrative expense
18

 
30

 
24

 
1

 
73

Other operating expenses
15

 
4

 
20

 
(2
)
 
37

(Income) from unconsolidated subsidiaries

 

 
(10
)
 

 
(10
)
Income (loss) from operations
88


(101
)
 
155

 
1

 
143

Interest expense
 
 
 
 
 
 
 
 
314

Debt extinguishment costs and other (income) expense, net
 
 
 
 
 
 
 
 
26

Loss before income taxes
 
 
 
 
 
 
 
 
$
(197
)
_________
(1)
Includes $(24) million and $(20) million of lease levelization and $44 million and $27 million of amortization expense for the three months ended June 30, 2017 and 2016, respectively.
(2)
Includes $(46) million and $(42) million of lease levelization and $104 million and $54 million of amortization expense for the six months ended June 30, 2017 and 2016, respectively.