Goodwill (Tables)

9 Months Ended

Sep. 30, 2012

Goodwill

Changes in goodwill

The table below reflects our changes in goodwill for the period indicated (in millions):

	Transportation		Facilities		Supply and Logistics		Total (1)
Balance, December 31, 2011	$	818	$	609	$	427	$	1,854
2012 Goodwill Related Activity:
BP NGL acquisition (2)	72		133		28		233
Other acquisitions (2)	10		—		—		10
Foreign currency translation adjustments	8		1		3		12
Purchase price accounting adjustments and other (2)	10		—		—		10
Balance, September 30, 2012	$	918	$	743	$	458	$	2,119

(1)As of September 30, 2012, the total carrying amount of goodwill is net of approximately $3 million of accumulated impairment losses.

(2)Goodwill is recorded at the acquisition date based on a preliminary fair value determination.  This preliminary goodwill balance may be adjusted when the fair value determination is finalized.

We completed our annual goodwill impairment test as of June 30 and determined that there was no impairment of goodwill.