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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents (includes $31 in 2010 held by variable interest entities)$ 390$ 347
Accounts and notes receivable  
Customer, net of allowance of $4 in both 2011 and 2010322333
Affiliates87
Other165160
Materials and supplies167169
Assets from price risk management activities314265
Deferred income taxes107165
Other154106
Total current assets1,6271,552
Property, plant and equipment, at cost  
Pipelines (includes $3,232 in 2010 held by variable interest entities)19,77122,385
Oil and natural gas properties, at full cost21,55621,692
Other513416
Total property, plant and equipment, gross41,84044,493
Less accumulated depreciation, depletion and amortization23,10223,421
Total property, plant and equipment, net18,73821,072
Other long-term assets  
Investments in unconsolidated affiliates2,7561,673
Assets from price risk management activities5161
Other906912
Total other non-current assets3,7132,646
Total assets24,07825,270
Accounts payable  
Trade384610
Affiliates119
Other447386
Short-term financing obligations, including current maturities350489
Liabilities from price risk management activities152176
Asset retirement obligations6263
Accrued interest224202
Other612630
Total current liabilities2,2422,565
Long-term financing obligations, less current maturities12,53113,517
Other long-term liabilities  
Liabilities from price risk management activities271397
Deferred income taxes527568
Other1,3521,461
Total other non-current liabilities2,1502,426
Commitments and contingencies (Note 10)  
Preferred stock of subsidiaries0698
El Paso Corporation stockholders' equity:  
Preferred stock, par value $0.01 per share; authorized 50,000,000 shares; issued 750,000 shares of 4.99% convertible perpetual stock as of December 31, 2010; stated at liquidation value0750
Common stock, par value $3 per share; authorized 1,500,000,000 shares; issued 785,546,406 shares in 2011 and 719,743,724 shares in 20102,3572,159
Additional paid-in capital5,4494,484
Accumulated deficit(2,478)(2,434)
Accumulated other comprehensive loss(669)(751)
Treasury stock (at cost);15,063,780 shares in 2011 and 15,492,605 shares in 2010(283)(291)
Total El Paso Corporation stockholders' equity4,3763,917
Noncontrolling interests2,7792,147
Total equity7,1556,064
Total liabilities and equity$ 24,078$ 25,270