Note 10 - Segment Information (Tables)

3 Months Ended

Mar. 31, 2013

In millions	2013		2012
Operating income	$	299	$	262
Other income		5		4
EBIT		304		266
Interest expense		46		47
Earnings before income taxes		258		219
Income taxes		94		80
Net income	$	164	$	139

Schedule Of Segment Reporting Information By Segment Total Assets Goodwill [Table Text Block]

In millions	Identifiable and total assets (1)			Goodwill
Distribution operations	$	11,320		$	1,640
Retail operations		511			122
Wholesale services		1,218			-
Midstream operations		720			14
Cargo shipping		464			61
Other (2)		(92	)		-
Consolidated	$	14,141		$	1,837

Schedule of Segment Reporting Information, by Segment [Table Text Block]

In millions	Distribution operations		Retail operations		Wholesale services		Midstream operations		Cargo shipping		Other and intercompany eliminations (4)			Consolidated
Operating revenues from external parties	$	1,264	$	302	$	39	$	24	$	87	$	(7	)	$	1,709
Intercompany revenues (1)		55		-		-		-		-		(55	)		-
Total operating revenues		1,319		302		39		24		87		(62	)		1,709
Operating expenses
Cost of goods sold		765		195		10		12		53		(62	)		973
Operation and maintenance		185		31		13		6		28		(4	)		259
Depreciation and amortization		90		5		-		4		5		3			107
Taxes other than income taxes		64		1		1		1		1		3			71
Total operating expenses		1,104		232		24		23		87		(60	)		1,410
Operating income (loss)		215		70		15		1		-		(2	)		299
Other income		3		-		-		1		2		(1	)		5
EBIT	$	218	$	70	$	15	$	2	$	2	$	(3	)	$	304
Identifiable and total assets (3)	$	11,258	$	668	$	1,005	$	714	$	459	$	(164	)	$	13,940
Goodwill	$	1,640	$	168	$	-	$	14	$	61	$	-		$	1,883
Capital expenditures	$	137	$	1	$	-	$	4	$	1	$	5		$	148

In millions	Distribution operations		Retail operations		Wholesale services		Midstream operations		Cargo shipping			Other and intercompany eliminations (4)			Consolidated
Operating revenues from external parties	$	994	$	263	$	64	$	16	$	84		$	(17	)	$	1,404
Intercompany revenues (1)		46		-		-		-		-			(46	)		-
Total operating revenues		1,040		263		64		16		84			(63	)		1,404
Operating expenses
Cost of goods sold		529		166		30		5		50			(61	)		719
Operation and maintenance		173		32		13		5		28			(6	)		245
Depreciation and amortization		88		4		1		2		6			3			104
Taxes other than income taxes		57		1		1		1		2			2			64
Nicor merger expenses (2)		-		-		-		-		-			10			10
Total operating expenses		847		203		45		13		86			(52	)		1,142
Operating income (loss)		193		60		19		3		(2	)		(11	)		262
Other income		1		-		-		-		3			-			4
EBIT	$	194	$	60	$	19	$	3	$	1		$	(11	)	$	266
Identifiable and total assets (3)	$	10,785	$	471	$	917	$	665	$	477		$	(76	)	$	13,239
Goodwill	$	1,586	$	124	$	2	$	16	$	77		$	8		$	1,813
Capital expenditures	$	122	$	2	$	-	$	42	$	-		$	5		$	171