Investment in Unconsolidated Entities (Tables)

12 Months Ended

Dec. 31, 2013

Equity Method Investment, Summarized Financial Information

Equity and cost method investments

December 31,		2013		2012
(Dollars in thousands)
Equity method investments:
	Capital contributions, loans, advances and adjustments	$	121,571	$	10,323
	Cumulative share of income		1,152,916		1,017,449
	Cumulative share of distributions		(1,010,513)		(884,852)
			263,974		142,920
Cost method investments			1,611		1,611
Total investments in unconsolidated entities		$	265,585	$	144,531

Equity method investments, summarized financial position

December 31,		2013		2012
(Dollars in thousands)
Assets
	Current	$	489,659	$	444,100
	Due from affiliates		408,735		298,707
	Property and other		2,026,104		1,896,784
		$	2,924,498	$	2,639,591
Liabilities and Equity
	Current liabilities	$	351,624	$	350,067
	Deferred credits		84,834		80,660
	Long-term liabilities		19,712		21,328
	Long-term capital lease obligations		707		405
	Partners' capital and shareholders' equity		2,467,621		2,187,131
		$	2,924,498	$	2,639,591

Equity method investments, summarized results of operations

Year Ended December 31,		2013		2012		2011
(Dollars in thousands)
Results of Operations
	Revenues	$	6,218,067	$	5,804,466	$	5,519,024
	Operating expenses		4,473,722		4,363,399		4,282,277
	Operating income		1,744,345		1,441,067		1,236,747
	Other income, net		4,842		4,003		4,976
	Net income	$	1,749,187	$	1,445,070	$	1,241,723

Fair Value Key Assumptions

Key assumptions
Average expected revenue growth rate (next ten years)	2.0	%
Terminal revenue growth rate (after year ten)	2.0	%
Discount rate	10.5	%
Capital expenditures as a percentage of revenue	14.9-18.8	%