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Segement Information (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Partnership Reportable Segement
Summarized financial information concerning the Company’s reportable segments is shown in the following tables:
 
 
Texas
 
Louisiana
 
Oklahoma
 
Ohio River Valley
 
Corporate
 
Totals
 
(In millions)
Three Months Ended March 31, 2014
 

 
 

 
 

 
 

 
 

 
 

Sales to external customers
$
48.3

 
$
153.2

 
$
11.5

 
$
19.4

 
$

 
$
232.4

Sales to affiliates
335.9

 
0.5

 
162.9

 

 
(7.4
)
 
491.9

Purchased gas, NGLs, condensate and crude oil
(257.7
)
 
(140.5
)
 
(133.8
)
 
(14.3
)
 
7.4

 
(538.9
)
Operating expenses
(31.7
)
 
(5.1
)
 
(6.7
)
 
(2.7
)
 

 
(46.2
)
Loss on derivative activity
$

 
$

 
$

 
$

 
$
(1.3
)
 
$
(1.3
)
Segment profit
$
94.8

 
$
8.1

 
$
33.9

 
$
2.4

 
$
(1.3
)
 
$
137.9

Depreciation and amortization
$
(27.2
)
 
$
(5.2
)
 
$
(14.2
)
 
$
(1.5
)
 
$
(0.1
)
 
$
(48.2
)
Goodwill
$
1,256.7

 
$
885.1

 
$
190.3

 
$
106.0

 
$
1,383.5

 
$
3,821.6

Capital expenditures
$
25.1

 
$
22.1

 
$
10.2

 
$
5.0

 
$
5.5

 
$
67.9

Three Months Ended March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Sales to external customers
$
30.5

 
$

 
$
11.3

 
$

 
$

 
$
41.8

Sales to affiliates
325.6

 

 
159.5

 

 

 
485.1

Purchased gas, NGLs, condensate and crude oil
(257.4
)
 

 
(138.0
)
 

 

 
(395.4
)
Operating expenses
(33.8
)
 

 
(7.2
)
 

 

 
(41.0
)
Segment profit
$
64.9

 
$

 
$
25.6

 
$

 
$

 
$
90.5

Depreciation and amortization
$
(26.7
)
 
$

 
$
(17.7
)
 
$

 
$

 
$
(44.4
)
Goodwill
$
325.4

 
$

 
$
76.3

 
$

 
$

 
$
401.7

Capital expenditures
$
50.8

 
$

 
$
32.4

 
$

 
$

 
$
83.2



The table below presents information about segment assets as of March 31, 2014 and December 31, 2013:
 
March 31, 2014
 
December 31, 2013
Segment Identifiable Assets:
(In millions)
Texas
$
3,171.0

 
$
1,460.0

Louisiana
2,715.3

 

Oklahoma
896.4

 
777.1

Ohio River Valley
634.8

 

Corporate
1,936.3

 
72.7

Total identifiable assets
$
9,353.8

 
$
2,309.8

Segment Table reconciliation to Condensed Consolidated Financial Statement
The following table reconciles the segment profits reported above to the operating income as reported in the condensed consolidated statements of operations (in millions):

Three Months Ended 
 March 31,
 
2014
 
2013
Segment profits
$
137.9

 
$
90.5

General and administrative expenses
(15.7
)
 
(10.2
)
Depreciation and amortization
(48.2
)
 
(44.4
)
Operating income
$
74.0

 
$
35.9