XML 32 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Instruments Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments [Abstract]  
Schedule Of Derivative Assets And Liabilities Statement
The Partnership’s derivative assets and liabilities, including credit risk adjustments, as of December 31, 2013 and 2012 are detailed below:
 
Assets
 
Liabilities
 
December 31,
 
December 31,
 
2013
 
2012
 
2013
 
2012
Derivatives designated as cash flow hedges
 
 
 
 
 
 
 
Current amounts
 
 
 
 
 
 
 
Commodity contracts
$

 
$

 
$

 
$
5

Total cash flow hedging instruments

 

 

 
5

Derivatives not designated as cash flow hedges
 
 
 
 
 
 
 
Current amounts
 
 
 
 
 
 
 
Commodity contracts
$
3

 
$
4

 
$
9

 
$
1

Long-term amounts
 
 
 
 
 
 
 
Commodity contracts
1

 
1

 

 

Embedded derivatives in Series A Preferred Units

 

 
19

 
25

Total derivatives
$
4

 
$
5

 
$
28

 
$
31

Detail Effect Of Derivative Assets And Liabilities In Statement Of Operations
The Partnership’s statements of operations for the years ended December 31, 2013, 2012 and 2011 were impacted by derivative instruments activities as detailed below:
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
Derivatives in cash flow hedging relationships:
 
Change in Value Recognized in AOCI on Derivatives
(Effective Portion)
Commodity derivatives
 
$

 
$
(4
)
 
$
(13
)
Derivatives in cash flow hedging relationships:
Location of Gain/(Loss)
Recognized in Income
Amount of Gain/(Loss) Reclassified from AOCI into Income
(Effective Portion)
Commodity derivatives
Revenue
$

 
$
6

 
$
(19
)
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
Derivatives not designated in a hedging relationship:
Location of Gain/(Loss)
Recognized in Income
Amount of Gain/(Loss) from De-designation Amortized from AOCI into Income
Commodity derivatives
Revenue
$

 
$
(5
)
 
$

Derivatives not designated in a hedging relationship:
Location of Gain/(Loss)
Recognized in Income
Amount of Gain/(Loss) Recognized in Income on Derivatives
Commodity derivatives
Revenue
$
(9
)
 
$
16

 
$

Embedded derivatives
Other income & deductions
6

 
14

 
18

 
 
$
(3
)
 
$
30

 
$
18