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Condensed Consolidated Statement of Operations Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating Revenues        
Transportation, storage and processing of natural gas $ 792 $ 781 $ 2,426 $ 2,425
Distribution of natural gas 153 160 792 1,005
Sales of natural gas liquids 15 41 68 138
Transportation of crude oil 89 93 262 267
Other 26 28 70 83
Total operating revenues 1,075 1,103 3,618 3,918
Operating Expenses        
Natural gas and petroleum products purchased 50 76 401 627
Operating, maintenance and other 425 364 1,158 1,107
Depreciation and amortization 193 188 582 574
Property and other taxes 86 86 291 274
Total operating expenses 754 714 2,432 2,582
Operating Income 321 389 1,186 1,336
Other Income and Expenses        
Earnings (loss) from equity investments 51 48 100 (117)
Other income and expenses, net 52 31 123 73
Total other income and expenses 103 79 223 (44)
Interest Expense 133 155 437 480
Earnings Before Income Taxes 291 313 972 812
Income Tax Expense 10 70 160 164
Net Income 281 243 812 648
Net Income—Noncontrolling Interests 86 69 234 189
Net Income—Controlling Interests $ 195 $ 174 $ 578 $ 459
Weighted-average shares outstanding        
Basic 701 671 692 671
Diluted 703 672 693 672
Earnings per share        
Basic [1] $ 0.28 $ 0.26 $ 0.84 $ 0.68
Diluted [1] 0.28 0.26 0.83 0.68
Dividends per share $ 0.405 $ 0.37 $ 1.215 $ 1.11
[1] Quarterly earnings per share amounts are stand-alone calculations and may not be additive to full-year amounts due to rounding.