Investing Activities (Tables)

12 Months Ended

Dec. 31, 2013

Investing Activities (Tables) [Abstract]

Investing income [Table Text Block]

Investing Income

	Years Ended December 31,
	2013		2012		2011
	(Millions)
Equity earnings (losses) (1)	$	134	$	111	$	155
Income (loss) from investments (1)	28		49		7
Interest income and other	53		28		6
Total investing income	$	215	$	188	$	168

__________

(1) Items also included in Segment profit (loss). (See Note 18 – Segment Disclosures.)

Investments [Table Text Block]

Investments

	December 31,
	2013		2012
	(Millions)
Equity method:
Access Midstream Partners — 24%	$	2,161	$	2,187
Overland Pass Pipeline Company LLC (OPPL) — 50%	452		454
Gulfstream — 50%	333		348
Discovery Producer Services LLC (Discovery) — 60% (1)	527		350
Laurel Mountain — 51% (1)	481		444
Caiman II — 47.5%	256		67
Other	150		137
	$	4,360	$	3,987

_________

(1) We account for these investments under the equity method due to the significant participatory rights of our partners such that we do not control or are otherwise not the primary beneficiary of the investments.

Dividends and distributions [Table Text Block]

	2013		2012		2011
	(Millions)
Access Midstream Partners	$	93	$	—	$	—
Gulfstream	81		79		84
Discovery	12		21		40
Aux Sable Liquid Products L.P.	20		28		35
OPPL	27		28		19

Summarized Financial Position and Results of Operations of Equity Method Investments [Table Text Block]

Summarized Financial Position and Results of Operations of All Equity-Method Investments

	December 31,
	2013			2012
	(Millions)
Assets (liabilities):
Current assets	$	689		$	582
Noncurrent assets	13,621			11,571
Current liabilities	(573		)	(507		)
Noncurrent liabilities	(4,563		)	(3,807		)
Noncontrolling interest	(254		)	(112		)

	Years Ended December 31,
	2013		2012		2011
	(Millions)
Gross revenue	$	2,406	$	1,821	$	1,808
Operating income	699		557		747
Net income	627		488		654