Consolidated Statements of Operations (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
REVENUES
Gas sales, including related party amounts of $80, $71, and $42	$ 1,903	$ 826	$ 508
NGL sales, including related party amounts of $282, $81, and $28	1,741	1,053	991
Gathering, transportation and other fees, including related party amounts of $23, $26, and $29	989	545	401
Net realized and unrealized gain (loss) from derivatives	93	(8)	23
Other	225	105	77
Total revenues	4,951	2,521	2,000
OPERATING COSTS AND EXPENSES
Cost of sales, including related party amounts of $66, $56, and $35	3,452	1,793	1,387
Operation and maintenance	448	296	228
General and administrative	158	88	100
(Gain) loss on asset sales, net	(1)	2	3
Depreciation, depletion and amortization	541	287	252
Goodwill, Impairment Loss	370	0	0
Total operating costs and expenses	4,968	2,466	1,970
OPERATING (LOSS) INCOME	(17)	55	30
Income from unconsolidated affiliates	195	135	105
Interest expense, net	(304)	(164)	(122)
Loss on debt refinancing, net	(25)	(7)	(8)
Other income and deductions, net	12	7	29	[1]
(LOSS) INCOME BEFORE INCOME TAXES	(139)	26	34
Income tax expense (benefit)	3	(1)	0
NET INCOME	(142)	27	34
Net income attributable to noncontrolling interest	(15)	(8)	(2)
NET (LOSS) INCOME ATTRIBUTABLE TO REGENCY ENERGY PARTNERS LP	(157)	19	32
Amounts attributable to Series A preferred units	4	6	10
General partner’s interest, including IDRs	31	11	9
Beneficial conversion feature for Class F units	7	4	0
Pre-acquisition loss from SUGS allocated to predecessor equity	0	(36)	(14)
Limited partners’ interest in net (loss) income	(199)	34	27
Basic and diluted (loss) income per common unit:
Weighted average number of common units outstanding	348,070,121	196,227,348	167,492,735
Basic (loss) income per common unit	$ (0.57)	$ 0.17	$ 0.16
Diluted (loss) income per common unit	$ (0.57)	$ 0.17	$ 0.13
Distributions per common unit	$ 1.975	$ 1.87	$ 1.84
Amount allocated to beneficial conversion feature for Class F units	$ 7	$ 4	$ 0
Total number of Class F units outstanding	6,274,483	6,274,483	0
Income per Class F unit due to beneficial conversion feature	$ 1.08	$ 0.72	$ 0.00

[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.