Supplementary Information - Condensed Consolidating Financial Information (Tables)

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]



	Condensed Consolidating Balance Sheet
	December 31, 2015
	Parent Guarantor		Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	—		$	2		$	—		$	2
Accounts receivable, net	—		—			154			—			154
Inventories	—		—			43			—			43
Other	—		—			107			—			107
Total current assets	—		—			306			—			306
Property, plant and equipment, net	—		—			3,476			—			3,476
Goodwill and intangible assets, net	—		—			184			—			184
Advances receivable — consolidated subsidiaries	2,159		2,023			—			(4,182		)	—
Investments in consolidated subsidiaries	613		1,033			—			(1,646		)	—
Investments in unconsolidated affiliates	—		—			1,493			—			1,493
Other long-term assets	—		—			18			—			18
Total assets	$	2,772	$	3,056		$	5,477		$	(5,828	)	$	5,477
LIABILITIES AND EQUITY
Accounts payable and other current liabilities	$	—	$	19		$	181		$	—		$	200
Advances payable — consolidated subsidiaries	—		—			4,182			(4,182		)	—
Long-term debt	—		2,424			—			—			2,424
Other long-term liabilities	—		—			48			—			48
Total liabilities	—		2,443			4,411			(4,182		)	2,672
Commitments and contingent liabilities
Equity:
Partners’ equity:
Net equity	2,772		616			1,038			(1,646		)	2,780
Accumulated other comprehensive loss	—		(3		)	(5		)	—			(8		)
Total partners’ equity	2,772		613			1,033			(1,646		)	2,772
Noncontrolling interests	—		—			33			—			33
Total equity	2,772		613			1,066			(1,646		)	2,805
Total liabilities and equity	$	2,772	$	3,056		$	5,477		$	(5,828	)	$	5,477



	Condensed Consolidating Balance Sheet
	December 31, 2014
	Parent Guarantor		Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
ASSETS
Current assets:
Cash and cash equivalents	$	—	$	24		$	1		$	—		$	25
Accounts receivable, net	—		—			270			—			270
Inventories	—		—			63			—			63
Other	—		—			232			—			232
Total current assets	—		24			566			—			590
Property, plant and equipment, net	—		—			3,347			—			3,347
Goodwill and intangible assets, net	—		—			274			—			274
Advances receivable — consolidated subsidiaries	2,610		1,962			—			(4,572		)	—
Investments in consolidated subsidiaries	383		712			—			(1,095		)	—
Investments in unconsolidated affiliates	—		—			1,459			—			1,459
Other long-term assets	—		—			52			—			52
Total assets	$	2,993	$	2,698		$	5,698		$	(5,667	)	$	5,722
LIABILITIES AND EQUITY
Accounts payable and other current liabilities	$	—	$	271		$	330		$	—		$	601
Advances payable — consolidated subsidiaries	—		—			4,572			(4,572		)	—
Long-term debt	—		2,044			—			—			2,044
Other long-term liabilities	—		—			51			—			51
Total liabilities	—		2,315			4,953			(4,572		)	2,696
Commitments and contingent liabilities
Equity:
Partners’ equity:
Net equity	2,993		387			717			(1,095		)	3,002
Accumulated other comprehensive loss	—		(4		)	(5		)	—			(9		)
Total partners’ equity	2,993		383			712			(1,095		)	2,993
Noncontrolling interests	—		—			33			—			33
Total equity	2,993		383			745			(1,095		)	3,026
Total liabilities and equity	$	2,993	$	2,698		$	5,698		$	(5,667	)	$	5,722

Condensed Income Statement [Table Text Block]



	Condensed Consolidating Statement of Operations
	Year Ended December 31, 2013 (a)
	Parent Guarantor		Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
Operating revenues:
Sales of natural gas, propane, NGLs and condensate	$	—	$	—		$	2,763		$	—		$	2,763
Transportation, processing and other	—		—			271			—			271
Gains from commodity derivative activity, net	—		—			17			—			17
Total operating revenues	—		—			3,051			—			3,051
Operating costs and expenses:
Purchases of natural gas, propane and NGLs	—		—			2,426			—			2,426
Operating and maintenance expense	—		—			215			—			215
Depreciation and amortization expense	—		—			95			—			95
General and administrative expense	—		—			63			—			63
Other expense	—		—			8			—			8
Total operating costs and expenses	—		—			2,807			—			2,807
Operating income	—		—			244			—			244
Interest expense	—		(52		)	—			—			(52		)
Earnings from unconsolidated affiliates	—		—			33			—			33
Income from consolidated subsidiaries	200		252			—			(452		)	—
Income before income taxes	200		200			277			(452		)	225
Income tax expense	—		—			(8		)	—			(8		)
Net income	200		200			269			(452		)	217
Net income attributable to noncontrolling interests	—		—			(17		)	—			(17		)
Net income attributable to partners	$	200	$	200		$	252		$	(452	)	$	200



	Condensed Consolidating Statement of Operations
	Year Ended December 31, 2015
	Parent Guarantor		Subsidiary Issuer			Non- Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
Operating revenues:
Sales of natural gas, propane, NGLs and condensate	$	—	$	—		$	1,442		$	—		$	1,442
Transportation, processing and other	—		—			371			—			371
Gains from commodity derivative activity, net	—		—			85			—			85
Total operating revenues	—		—			1,898			—			1,898
Operating costs and expenses:
Purchases of natural gas, propane and NGLs	—		—			1,246			—			1,246
Operating and maintenance expense	—		—			214			—			214
Depreciation and amortization expense	—		—			120			—			120
General and administrative expense	—		—			85			—			85
Goodwill impairment	—		—			82			—			82
Other expense	—		—			4			—			4
Total operating costs and expenses	—		—			1,751			—			1,751
Operating income	—		—			147			—			147
Interest expense	—		(92		)	—			—			(92		)
Income from consolidated subsidiaries	228		320			—			(548		)	—
Earnings from unconsolidated affiliates	—		—			173			—			173
Income before income taxes	228		228			320			(548		)	228
Income tax benefit	—		—			5			—			5
Net income	228		228			325			(548		)	233
Net income attributable to noncontrolling interests	—		—			(5		)	—			(5		)
Net income attributable to partners	$	228	$	228		$	320		$	(548	)	$	228



	Condensed Consolidating Statement of Operations
	Year Ended December 31, 2014 (a)
	Parent Guarantor		Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
Operating revenues:
Sales of natural gas, propane, NGLs and condensate	$	—	$	—		$	3,143		$	—		$	3,143
Transportation, processing and other	—		—			345			—			345
Gains from commodity derivative activity, net	—		—			154			—			154
Total operating revenues	—		—			3,642			—			3,642
Operating costs and expenses:
Purchases of natural gas, propane and NGLs	—		—			2,795			—			2,795
Operating and maintenance expense	—		—			216			—			216
Depreciation and amortization expense	—		—			110			—			110
General and administrative expense	—		—			64			—			64
Other expense	—		—			3			—			3
Total operating costs and expenses	—		—			3,188			—			3,188
Operating income	—		—			454			—			454
Interest expense	—		(86		)	—			—			(86		)
Earnings from unconsolidated affiliates	423		509			—			(932		)	—
Income from consolidated subsidiaries	—		—			75			—			75
Income before income taxes	423		423			529			(932		)	443
Income tax expense	—		—			(6		)	—			(6		)
Net income	423		423			523			(932		)	437
Net income attributable to noncontrolling interests	—		—			(14		)	—			(14		)
Net income attributable to partners	$	423	$	423		$	509		$	(932	)	$	423


(a)	The financial information for the year ended December 31, 2014 includes the results of our Lucerne 1 plant, a transfer of net assets between entities under common control that was accounted for as if the transfer occurred at the beginning of the period to furnish comparative information similar to the pooling method.

Condensed Statement of Comprehensive Income [Table Text Block]



	Condensed Consolidating Statement of Comprehensive Income
	Year Ended December 31, 2014 (a)
	Parent Guarantor		Subsidiary Issuer		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
Net income	$	423	$	423	$	523		$	(932	)	$	437
Other comprehensive income:
Reclassification of cash flow hedge losses into earnings	—		2		—			—			2
Other comprehensive income from consolidated subsidiaries	2		—		—			(2		)	—
Total other comprehensive income	2		2		—			(2		)	2
Total comprehensive income	425		425		523			(934		)	439
Total comprehensive income attributable to noncontrolling interests	—		—		(14		)	—			(14		)
Total comprehensive income attributable to partners	$	425	$	425	$	509		$	(934	)	$	425


(a)	The financial information for the year ended December 31, 2014 includes the results of our Lucerne 1 plant, a transfer of net assets between entities under common control that was accounted for as if the transfer occurred at the beginning of the period to furnish comparative information similar to the pooling method.



	Condensed Consolidating Statement of Comprehensive Income
	Year Ended December 31, 2013 (a)
	Parent Guarantor		Subsidiary Issuer		Non-Guarantor Subsidiaries				Consolidating Adjustments			Consolidated
	(Millions)
Net income	$	200	$	200	$	269			$	(452	)	$	217
Other comprehensive income (loss):
Reclassification of cash flow hedge losses into earnings	—		4		—				—			4
Other comprehensive income from consolidated subsidiaries	4		—		—				(4		)	—
Total other comprehensive income	4		4		—			—	(4		)	4
Total comprehensive income	204		204		269				(456		)	221
Total comprehensive income attributable to noncontrolling interests	—		—		(17		)		—			(17		)
Total comprehensive income attributable to partners	$	204	$	204	$	252			$	(456	)	$	204



	Condensed Consolidating Statement of Comprehensive Income
	Year Ended December 31, 2015
	Parent Guarantor		Subsidiary Issuer		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
Net income	$	228	$	228	$	325		$	(548	)	$	233
Other comprehensive income:
Reclassification of cash flow hedge losses into earnings	—		1		—			—			1
Other comprehensive income from consolidated subsidiaries	1		—		—			(1		)	—
Total other comprehensive income	1		1		—			(1		)	1
Total comprehensive income	229		229		325			(549		)	234
Total comprehensive income attributable to noncontrolling interests	—		—		(5		)	—			(5		)
Total comprehensive income attributable to partners	$	229	$	229	$	320		$	(549	)	$	229

Condensed Consolidating Statements of Cash Flows



	Condensed Consolidating Statement of Cash Flows
	Year Ended December 31, 2015
	Parent Guarantor			Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities	$	—		$	(89	)	$	739		$	—		$	650
INVESTING ACTIVITIES:
Intercompany transfers	451			(60		)	—			(391		)	—
Capital expenditures	—			—			(281		)	—			(281		)
Investments in unconsolidated affiliates	—			—			(62		)	—			(62		)
Net cash provided by (used in) investing activities	451			(60		)	(343		)	(391		)	(343		)
FINANCING ACTIVITIES:
Intercompany transfers	—			—			(391		)	391			—
Proceeds from long-term debt	—			1,554			—			—			1,554
Payments of long-term debt	—			(1,429		)	—			—			(1,429		)
Proceeds from issuance of common units, net of offering costs	31			—			—			—			31
Distributions to limited partners and general partner	(482		)	—			—			—			(482		)
Distributions to noncontrolling interests	—			—			(5		)	—			(5		)
Contributions from DCP Midstream, LLC	—			—			1			—			1
Net cash (used in) provided by financing activities	(451		)	125			(395		)	391			(330		)
Net change in cash and cash equivalents	—			(24		)	1			—			(23		)
Cash and cash equivalents, beginning of period	—			24			1			—			25
Cash and cash equivalents, end of period	$	—		$	—		$	2		$	—		$	2



	Condensed Consolidating Statements of Cash Flows
	Year Ended December 31, 2014 (a)
	Parent Guarantor			Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities	$	—		$	(73	)	$	597		$	—		$	524
INVESTING ACTIVITIES:
Intercompany transfers	(581		)	(280		)	—			861			—
Capital expenditures	—			—			(338		)	—			(338		)
Acquisitions, net of cash acquired	—			—			(102		)	—			(102		)
Acquisition of unconsolidated affiliates	—			—			(673		)	—			(673		)
Investments in unconsolidated affiliates	—			—			(151		)	—			(151		)
Proceeds from sale of assets	—			—			28			—			28
Net cash used in investing activities	(581		)	(280		)	(1,236		)	861			(1,236		)
FINANCING ACTIVITIES:
Intercompany transfers	—			—			861			(861		)	—
Proceeds from long-term debt	—			719			—			—			719
Payments of commercial paper, net	—			(335		)	—			—			(335		)
Payment of deferred financing costs	—			(7		)	—			—			(7		)
Proceeds from issuance of common units, net of offering costs	1,001			—			—			—			1,001
Excess purchase price over acquired interests and commodity hedges	—			—			(18		)	—			(18		)
Net change in advances to predecessor from DCP Midstream, LLC	—			—			(6		)	—			(6		)
Distributions to limited partners and general partner	(420		)	—			—			—			(420		)
Distributions to noncontrolling interests	—			—			(14		)	—			(14		)
Purchase of additional interest in a subsidiary	—			—			(198		)	—			(198		)
Contributions from noncontrolling interests	—			—			3			—			3
Net cash provided by financing activities	581			377			628			(861		)	725
Net change in cash and cash equivalents	—			24			(11		)	—			13
Cash and cash equivalents, beginning of period	—			—			12			—			12
Cash and cash equivalents, end of period	$	—		$	24		$	1		$	—		$	25


(a)	The financial information for the year ended December 31, 2014 includes the results of our Lucerne 1 plant, a transfer of net assets between entities under common control that was accounted for as if the transfer occurred at the beginning of the period to furnish comparative information similar to the pooling method.



	Condensed Consolidating Statements of Cash Flows
	Year Ended December 31, 2013 (a)
	Parent Guarantor			Subsidiary Issuer			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
	(Millions)
OPERATING ACTIVITIES
Net cash (used in) provided by operating activities	$	—		$	(45	)	$	387		$	3		$	345
INVESTING ACTIVITIES:
Intercompany transfers	(806		)	(258		)	—			1,064			—
Capital expenditures	—			—			(363		)	—			(363		)
Acquisitions, net of cash acquired	—			—			(696		)	—			(696		)
Investments in unconsolidated affiliates	—			—			(242		)	—			(242		)
Acquisition of unconsolidated affiliates	—			—			(86		)	—			(86		)
Net cash used in investing activities	(806		)	(258		)	(1,387		)	1,064			(1,387		)
FINANCING ACTIVITIES:
Intercompany transfers	—			—			1,064			(1,064		)	—
Proceeds from long-term debt	—			1,957			—			—			1,957
Payments of long-term debt	—			(1,988		)	—			—			(1,988		)
Proceeds from issuance of commercial paper	—			335			—			—			335
Payment of deferred financing costs	—			(4		)	—			—			(4		)
Proceeds from issuance of common units, net of offering costs	1,083			—			—			—			1,083
Excess purchase price over acquired assets	—			—			(85		)	—			(85		)
Net change in advances to predecessor from DCP Midstream, LLC	—			—			11			—			11
Distributions to common unitholders and general partner	(277		)	—			—			—			(277		)
Distributions to noncontrolling interests	—			—			(24		)	—			(24		)
Contributions from noncontrolling interests	—			—			46			—			46
Distributions to DCP Midstream, LLC	—			—			(3		)	—			(3		)
Contributions from DCP Midstream, LLC	—			—			1			—			1
Net cash provided by financing activities	806			300			1,010			(1,064		)	1,052
Net change in cash and cash equivalents	—			(3		)	10			3			10
Cash and cash equivalents, beginning of year	—			3			2			(3		)	2
Cash and cash equivalents, end of year	$	—		$	—		$	12		$	—		$	12


(a)	The financial information for the year ended December 31, 2013 includes the results of our Lucerne 1 plant, a transfer of net assets between entities under common control that was accounted for as if the transfer occurred at the beginning of the period to furnish comparative information similar to the pooling method.