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Consolidated Statements of Operations (USD $)
In Millions, except Share data, unless otherwise specified
7 Months Ended 12 Months Ended 5 Months Ended
Dec. 31, 2010
Successor
Dec. 31, 2012
Successor
Dec. 31, 2011
Successor
May 25, 2010
Predecessor
REVENUES        
Gas sales, including related party amounts of $21, $23, $3, and $0 $ 291 $ 329 $ 456 $ 228
NGL sales, including related party amounts of $24, $365, $137, and $0 238 539 603 153
Gathering, transportation and other fees, including related party amounts of $31, $24, $14, and $12 179 403 351 115
Net realized and unrealized gain (loss) from derivatives (8) 11 (19) (1)
Other, including related party amounts of $1, $10, $3, and $0 16 57 43 10
Total revenues 716 1,339 1,434 505
OPERATING COSTS AND EXPENSES        
Cost of sales, including related party amounts of $16, $22, $13, and $7 504 871 1,013 358
Operation and maintenance 78 166 147 48
General and administrative, including related party amounts of $17, $17, $6, and $0 44 63 67 37
Loss (gain) on asset sales, net 0 (3) 2 0
Depreciation and amortization 76 201 169 42
Total operating costs and expenses 702 1,304 1,394 485
OPERATING INCOME 14 35 40 20
Income from unconsolidated affiliates 54 114 120 16
Interest expense, net (48) (122) (103) (35)
Loss on debt refinancing, net (16) (8) 0 (2)
Other income and deductions, net (8) 30 [1] 17 (4)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (4) 49 74 (5)
Income tax expense 1 1 0 0
INCOME (LOSS) FROM CONTINUING OPERATIONS (5) 48 74 (5)
DISCONTINUED OPERATIONS        
Net loss from operations of east Texas assets (1) 0 0 0
NET INCOME (LOSS) (6) 48 74 (5)
Net income attributable to noncontrolling interest 0 (2) (2) 0
NET INCOME (LOSS) ATTRIBUTABLE TO REGENCY ENERGY PARTNERS LP (6) 46 72 (5)
Amounts attributable to Series A Preferred Units 5 10 8 3
General partner’s interest, including IDRs 3 9 7 1
Limited partners’ interest in net income (loss) (14) 27 57 (9)
Basic and diluted income (loss) from continuing operations per unit:        
Amount allocated to common units (12) 27 57 (9)
Weighted average number of common units outstanding 130,619,554 167,492,735 145,490,869 92,788,319
Basic income (loss) from continuing operations per common unit (0.09) 0.16 0.39 (0.10)
Diluted income (loss) from continuing operations per common unit (0.09) 0.13 0.32 (0.10)
Distributions per unit $ 0.89 $ 1.84 $ 1.81 $ 0.89
Basic and diluted loss on discontinued operations per unit $ (0.01) $ 0.00 $ 0.00 $ 0.00
Basic and diluted net income (loss) per unit:        
Amount allocated to common units $ (14) $ 27 $ 57 $ (9)
Basic net income (loss) per common unit (0.10) 0.16 0.39 (0.10)
Diluted net income (loss) per common unit (0.10) 0.13 0.32 (0.10)
[1] Other income and deductions, net for the year ended December 31, 2012, included a one-time producer payment of $16 million related to an assignment of certain contracts.