Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2012

Business Segment Information [Abstract]


	Pipeline Transportation		Refinery Services			Supply & Logistics			Total
Three Months Ended March 31, 2012
Segment margin (a)	$	25,347	$	17,249		$	17,656		$	60,252

Capital expenditures (b)	$	246,428	$	910		$	40,831		$	288,169

Revenues:
External customers	$	14,976	$	50,373		$	867,594		$	932,943
Intersegment (c)		4,433		(2,328	)		(2,105	)		—

Total revenues of reportable segments	$	19,409	$	48,045		$	865,489		$	932,943

Three Months Ended March 31, 2011
Segment margin (a)	$	17,682	$	17,948		$	13,525		$	49,155

Capital expenditures (b)	$	448	$	280		$	308		$	1,036

Revenues:
External customers	$	12,593	$	49,583		$	627,622		$	689,798
Intersegment (c)		1,862		(2,037	)		175			—

Total revenues of reportable segments	$	14,455	$	47,546		$	627,797		$	689,798

Total assets by reportable segment were as follows:


	March 31, 2012		December 31, 2011
Pipeline Transportation	$	836,924	$	594,728
Refinery Services		420,039		426,993
Supply & Logistics		762,686		659,576
Other assets		50,626		49,547

Total consolidated assets	$	2,070,275	$	1,730,844

(a)	A reconciliation of Segment Margin to income before income taxes for the periods presented is as follows:


	Three Months Ended March 31,
	2012			2011
Segment Margin	$	60,252		$	49,155
Corporate general and administrative expenses		(8,621	)		(7,384	)
Depreciation and amortization		(15,035	)		(13,903	)
Net gain on disposal of surplus assets		256			11
Interest expense		(10,596	)		(8,699	)
Distributable cash from equity investees in excess of equity in earnings		(6,733	)		(3,303	)
Non-cash items not included in segment margin		1,324			(7,434	)
Cash payments from direct financing leases in excess of earnings		(1,221	)		(1,113	)

Income before income taxes	$	19,626		$	7,330

(b)

Capital expenditures include fixed asset additions and acquisitions of businesses and equity investees. For the three months ended March 31, 2012, capital spending in our Pipeline Transportation segment included $205.6 million for the acquisition of interests in several Gulf of Mexico pipelines and $33.5 million for our share of construction costs in connection with our joint venture in the planned SEKCO pipeline. Capital spending in our Supply & Logistics segment included $30.6 million for the purchase of barge assets during the three months ended March 31, 2012.

(c)	Intersegment sales were conducted on an arm's length basis.

Reconciliation Of Segment Margin To (Loss) Income Before Income Taxes


	Three Months Ended March 31,
	2012			2011
Segment Margin	$	60,252		$	49,155
Corporate general and administrative expenses		(8,621	)		(7,384	)
Depreciation and amortization		(15,035	)		(13,903	)
Net gain on disposal of surplus assets		256			11
Interest expense		(10,596	)		(8,699	)
Distributable cash from equity investees in excess of equity in earnings		(6,733	)		(3,303	)
Non-cash items not included in segment margin		1,324			(7,434	)
Cash payments from direct financing leases in excess of earnings		(1,221	)		(1,113	)

Income before income taxes	$	19,626		$	7,330

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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