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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues (including revenues from affiliates (Note 12)):        
Total Revenues $ 805 $ 626 $ 1,553 $ 1,292
Cost of Goods and Services Sold 444 279 819 587
Cost and Expenses (including expenses from affiliates (Note 12)):        
Operation and maintenance 97 97 191 186
General and administrative 26 23 53 48
Depreciation and amortization 96 89 192 177
Taxes other than income tax 16 16 33 32
Total Cost and Expenses 679 504 1,288 1,030
Operating Income 126 122 265 262
Other Income (Expense):        
Interest expense (36) (31) (69) (58)
Equity in earnings of equity method affiliate 7 7 13 14
Other Nonoperating Income (Expense) (2) (1) 0 0
Total Other Expense (31) (25) (56) (44)
Income Before Income Tax        
Income Before Income Tax 95 97 209 218
Income tax expense 0 1 0 2
Net Income        
Net Income 95 96 209 216
Less: Net income attributable to noncontrolling interest        
Less: Net income attributable to noncontrolling interest 0 1 0 1
Net Income Attributable to Limited Partners        
Net Income Attributable to Limited Partners 95 95 209 215
Less: Series A Preferred Unit distributions (Note 6)        
Less: Series A Preferred Unit distributions (Note 6) 9 9 18 18
Net Income Attributable to Common and Subordinated Units (Note 5)        
Net Income Attributable to Common and Subordinated Units (Note 5) 86 86 191 197
Common Units        
Net Income Attributable to Common and Subordinated Units (Note 5)        
Net Income Attributable to Common and Subordinated Units (Note 5) $ 86 $ 45 $ 191 $ 102
Basic and Diluted earnings (loss) per unit and weighted average number of units outstanding        
Basic earnings per unit (Note 5) $ 0.20 $ 0.20 $ 0.44 $ 0.45
Diluted earnings per unit (Note 5) $ 0.20 $ 0.20 $ 0.44 $ 0.45
Subordinated Units        
Net Income Attributable to Common and Subordinated Units (Note 5)        
Net Income Attributable to Common and Subordinated Units (Note 5) $ 0 $ 41 $ 0 $ 95
Basic and Diluted earnings (loss) per unit and weighted average number of units outstanding        
Basic earnings per unit (Note 5) $ 0.00 $ 0.20 $ 0.00 $ 0.46
Diluted earnings per unit (Note 5) $ 0.00 $ 0.20 $ 0.00 $ 0.46
Product        
Revenues (including revenues from affiliates (Note 12)):        
Total Revenues $ 501 $ 354 $ 944 $ 740
Natural Gas, Gathering, Transportation, Marketing and Processing        
Revenues (including revenues from affiliates (Note 12)):        
Total Revenues $ 304 $ 272 $ 609 $ 552