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Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2014
Fair Value Measurements [Abstract]  
Fair Value Of Financial Assets And Liabilities Measured On Recurring Basis
The following tables summarize the fair value of our financial assets and liabilities measured and recorded at fair value on a recurring basis as of March 31, 2014 and December 31, 2013 based on inputs used to derive their fair values:
 
Fair Value Measurements at
March 31, 2014
 
Fair Value
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Interest rate derivatives
$
4

 
$
—

 
$
4

 
$
—

Commodity derivatives:
 
 
 
 
 
 
 
Condensate — Forward Swaps
—

 
—

 
—

 
—

Natural Gas:
 
 
 
 
 
 
 
Basis Swaps IFERC/NYMEX
5

 
5

 
—

 
—

Swing Swaps IFERC
1

 
1

 
—

 
—

Fixed Swaps/Futures
118

 
118

 
—

 
—

NGLs — Forwards/Swaps
6

 
3

 
3

 
—

Power:
 
 
 
 
 
 
 
Forwards
5

 
—

 
5

 
—

Futures
1

 
1

 
—

 


Refined Products — Futures
1

 
1

 
—

 
—

Crude — Futures
1

 
1

 
—

 
—

Total commodity derivatives
138

 
130

 
8

 
—

Total assets
$
142

 
$
130

 
$
12

 
$
—

Liabilities:
 
 
 
 
 
 
 
Interest rate derivatives
$
(96
)
 
$
—

 
$
(96
)
 
$
—

Embedded derivatives in the Regency Preferred Units
(20
)
 
—

 
—

 
(20
)
Commodity derivatives:
 
 
 
 
 
 
 
Natural Gas:
 
 
 
 
 
 
 
Basis Swaps IFERC/NYMEX
(3
)
 
(3
)
 
—

 
—

Swing Swaps IFERC
(4
)
 
(4
)
 
—

 
—

Fixed Swaps/Futures
(145
)
 
(135
)
 
(10
)
 
—

NGLs — Forwards/Swaps
(6
)
 
(5
)
 
(1
)
 
—

Power:
 
 
 
 
 
 
 
Forwards
(2
)
 
—

 
(2
)
 
—

Futures
(3
)
 
(3
)
 
—

 
—

Refined Products — Futures
(1
)
 
(1
)
 
—

 
—

Total commodity derivatives
(164
)
 
(151
)
 
(13
)
 
—

Total liabilities
$
(280
)
 
$
(151
)
 
$
(109
)
 
$
(20
)


 
Fair Value Measurements at
December 31, 2013
 
Fair Value
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Interest rate derivatives
$
47

 
$
—

 
$
47

 
$
—

Commodity derivatives:
 
 
 
 
 
 
 
Natural Gas:
 
 
 
 
 
 
 
Basis Swaps IFERC/NYMEX
5

 
5

 
—

 
—

Swing Swaps IFERC
8

 
1

 
7

 
—

Fixed Swaps/Futures
203

 
201

 
2

 
—

NGLs — Swaps
7

 
5

 
2

 
—

Power — Forwards
3

 
—

 
3

 
—

Refined Products — Futures
5

 
5

 
—

 
—

Total commodity derivatives
231

 
217

 
14

 
—

Total Assets
$
278

 
$
217

 
$
61

 
$
—

Liabilities:
 
 
 
 
 
 
 
Interest rate derivatives
$
(95
)
 
$
—

 
$
(95
)
 
$
—

Embedded derivatives in the Regency Preferred Units
(19
)
 
—

 
—

 
(19
)
Commodity derivatives:
 
 
 
 
 
 
 
Condensate — Forward Swaps
(1
)
 
—

 
(1
)
 
—

Natural Gas:
 
 
 
 
 
 
 
Basis Swaps IFERC/NYMEX
(4
)
 
(4
)
 
—

 
—

Swing Swaps IFERC
(6
)
 
—

 
(6
)
 
—

Fixed Swaps/Futures
(206
)
 
(201
)
 
(5
)
 
—

Forward Physical Contracts
(1
)
 
—

 
(1
)
 
—

NGLs — Swaps
(9
)
 
(5
)
 
(4
)
 
—

Power — Forwards
(1
)
 
—

 
(1
)
 
—

Refined Products — Futures
(5
)
 
(5
)
 
—

 
—

Total commodity derivatives
(233
)
 
(215
)
 
(18
)
 
—

Total Liabilities
$
(347
)
 
$
(215
)
 
$
(113
)
 
$
(19
)
Reconciliation For Liabilities Measured At Fair Value On A Recurring Basis
The following table presents a reconciliation of the beginning and ending balances for our Level 3 financial instruments measured at fair value on a recurring basis using significant unobservable inputs for the three months ended March 31, 2014. There were no transfers between the fair value hierarchy levels during the three months ended March 31, 2014 or 2013.
Balance, December 31, 2013
$
(19
)
Net unrealized loss included in other income (expense)
(1
)
Balance, March 31, 2014
$
(20
)