Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2012

Sales To Related Parties

Sales to related parties were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2012		2011		2012		2011
Equity method investees:
Centennial	$	—	$	—	$	1	$	34
Other equity method investees		2		2		5		6
Marathon Oil Companies		—		—		—		13
Total	$	2	$	2	$	6	$	53

Purchases From Related Parties

Purchases from related parties were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2012		2011		2012		2011
Equity method investees:
Centennial	$	—	$	—	$	9	$	31
LOOP		11		24		32		56
TAME		29		41		89		112
TACE		35		8		50		35
Other equity method investees		9		7		24		22
Marathon Oil Companies		—		—		—		1,590
Total	$	84	$	80	$	204	$	1,846

Current Receivables From Related Parties

Current receivables from related parties, which are included in receivables, less allowance for doubtful accounts on the consolidated balance sheets, were as follows:

(In millions)	September 30, 2012		December 31, 2011
Equity method investees	$	3	$	2

Payables To Related Parties

Payables to related parties, which are included in accounts payable on the consolidated balance sheets, were as follows:

(In millions)	September 30, 2012		December 31, 2011
Equity method investees:
Centennial	$	—	$	7
LOOP		4		5
TAME		4		4
TACE		3		2
Other equity method investees		3		2
Total	$	14	$	20

Related Party Net Interest And Other Financial Income

Related party net interest and other financial income was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2012		2011		2012		2011
Dividend income:
PFD Preferred Stock	$	—	$	—	$	—	$	35
Interest income		1		—		1		—
Interest expense:
PFD credit agreement		—		—		—		3
Marathon Oil loan agreement		—		—		—		5
Interest capitalized		—		—		—		(8	)
Net interest expense		—		—		—		—
Related party net interest and other financial income	$	1	$	—	$	1	$	35