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Related Party Transactions (Tables) (Oxy)
9 Months Ended
Sep. 30, 2013
Oxy
 
Related party transaction  
Information related to transactions with related parties

These transactions were conducted at posted tariff rates or prices that we believe approximate market. See detail below (in millions):

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30,

 

September 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Revenues

 

$

441

 

$

383

 

$

1,135

 

$

1,435

 

 

 

 

 

 

 

 

 

 

 

Purchases and related costs

 

$

229

 

$

138

 

$

604

 

$

416

 

 

We currently have a netting arrangement with Oxy. Our gross receivable and payable amounts with affiliates of Oxy were as follows (in millions):

 

 

 

September 30,

 

December 31,

 

 

 

2013

 

2012

 

Trade accounts receivable and other receivables

 

$

307

 

$

231

 

 

 

 

 

 

 

Accounts payable

 

$

238

 

$

129