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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2015
SEGMENT INFORMATION [Abstract]  
Schedule of Segment Reporting Information, By Segment

 

For the three months ended June 30, 2015
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:                        
Commodity sales   $     $ 731.1     $     $ 731.1  
Transportation and other services     533.0       49.0             582.0  
      533.0       780.1 (2)           1,313.1  
Commodity costs           670.6             670.6  
Environmental costs, net of recoveries     (0.8 )                 (0.8 )
Operating and administrative     116.3       87.3       3.6       207.2  
Power     57.2                   57.2  
Goodwill impairment           246.7             246.7  
Asset impairment            12.3             12.3  
Depreciation and amortization     88.7       40.8             129.5  
      261.4       1,057.7       3.6       1,322.7  
Operating income (loss)     271.6       (277.6 )     (3.6 )     (9.6 )
Interest expense, net                 78.0       78.0  
Allowance for equity used during construction                 17.3       17.3  
Other income           5.9 (3)     0.1       6.0  
Income (loss) before income tax benefit     271.6       (271.7 )     (64.2 )     (64.3 )
Income tax benefit                 (3.8 )     (3.8 )
Net income (loss)     271.6       (271.7 )     (60.4 )     (60.5 )
Less: Net income attributable to:                                   
Noncontrolling interest                 10.0       10.0  
Series 1 preferred unit distributions                 22.5       22.5  
Accretion of discount on Series 1 preferred units                 4.1       4.1  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 271.6     $ (271.7 )   $ (97.0 )   $ (97.1 )

 

 
(1)
Corporate consists of interest expense, interest income, allowance for equity used during construction, noncontrolling interest and other costs such as income taxes, which are not allocated to the business segments.
(2)
There were no intersegment revenues for the three months ended June 30, 2015.
(3)
Other income (expense) for our Natural Gas segment includes our equity investment in the Texas Express NGL system.

 

For the three months ended June 30, 2014
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:                        
Commodity sales   $     $ 1,342.4     $     $ 1,342.4  
Transportation and other services     474.3       54.4             528.7  
      474.3       1,396.8             1,871.1  
Commodity costs           1,259.8             1,259.8  
Environmental costs, net of recoveries     38.2                   38.2  
Operating and administrative     117.6       103.6       3.4       224.6  
Power     54.2                   54.2  
Depreciation and amortization     76.6       36.8             113.4  
      286.6       1,400.2       3.4       1,690.2  
Operating income (loss)     187.7       (3.4 )     (3.4 )     180.9  
Interest expense, net                 80.2       80.2  
Allowance for equity used during construction                 12.6       12.6  
Other income (expense)           2.3 (2)     (1.1 )     1.2  
Income (loss) before income tax expense     187.7       (1.1 )     (72.1 )     114.5  
Income tax expense                 2.0       2.0  
Net income (loss)     187.7       (1.1 )     (74.1 )     112.5  
Less: Net income attributable to:                                   
Noncontrolling interest                 42.4       42.4  
Series 1 preferred unit distributions                 22.5       22.5  
Accretion of discount on Series 1 preferred units                 3.7       3.7  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 187.7     $ (1.1 )   $ (142.7 )   $ 43.9  

 

 
(1)
Corporate consists of interest expense, interest income, allowance for equity used during construction, noncontrolling interest and other costs such as income taxes, which are not allocated to the business segments.
(2)
Other income (expense) for our Natural Gas segment includes our equity investment in the Texas Express NGL system.

 

As of and for the six months ended June 30, 2015
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:(2)                        
Commodity sales   $     $ 1,553.8     $     $ 1,553.8  
Transportation and other services     1,088.1       99.8             1,187.9  
      1,088.1       1,653.6             2,741.7  
Commodity costs           1,449.7             1,449.7  
Environmental costs, net of recoveries                        
Operating and administrative     246.7       170.0       7.6       424.3  
Power     120.8                   120.8  
Goodwill impairment           246.7             246.7  
Asset impairment           12.3             12.3  
Depreciation and amortization     178.8       79.1             257.9  
      546.3       1,957.8       7.6       2,511.7  
Operating income (loss)     541.8       (304.2 )     (7.6 )     230.0  
Interest expense, net                 126.3       126.3  
Allowance for equity used during construction                 40.3       40.3  
Other income           11.6 (3)     0.3       11.9  
Income (loss) before income tax benefit     541.8       (292.6 )     (93.3 )     155.9  
Income tax benefit                 (1.4 )     (1.4 )
Net income (loss)     541.8       (292.6 )     (91.9 )     157.3  
Less: Net income attributable to:                                   
Noncontrolling interest                 61.3       61.3  
Series 1 preferred unit distributions                 45.0       45.0  
Accretion of discount on Series 1 preferred units                 8.0       8.0  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 541.8     $ (292.6 )   $ (206.2 )   $ 43.0  
Total assets   $ 12,564.1     $ 5,256.5 (4)   $ 192.6     $ 18,013.2  
Capital expenditures (excluding acquisitions)   $ 909.0     $ 104.6     $ 13.9     $ 1,027.5  

 

 
(1)
Corporate consists of interest expense, interest income, allowance for equity used during construction, noncontrolling interest and other costs such as income taxes, which are not allocated to the business segments.
(2)
There were no intersegment revenues for the six months ended June 30, 2015.
(3)
Other income (expense) for our Natural Gas segment includes our equity investment in the Texas Express NGL system.
(4)
Total assets for our Natural Gas segment include $376.2 million for our equity investment in the Texas Express NGL system.

 

As of and for the six months ended June 30, 2014
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:                        
Commodity sales   $     $ 2,941.9     $     $ 2,941.9  
Transportation and other services     907.0       101.8             1,008.8  
      907.0       3,043.7             3,950.7  
Commodity costs           2,748.5             2,748.5  
Environmental costs, net of recoveries     43.2                   43.2  
Operating and administrative     226.0       212.5       3.1       441.6  
Power     104.6                   104.6  
Depreciation and amortization     143.4       73.8             217.2  
      517.2       3,034.8       3.1       3,555.1  
Operating income (loss)     389.8       8.9       (3.1 )     395.6  
Interest expense, net                 157.1       157.1  
Allowance for equity used during construction                 33.3       33.3  
Other income (expense)           1.0 (2)     (0.6 )     0.4  
Income (loss) before income tax expense     389.8       9.9       (127.5 )     272.2  
Income tax expense                 4.0       4.0  
Net income (loss)     389.8       9.9       (131.5 )     268.2  
Less: Net income attributable to:                                   
Noncontrolling interest                 78.7       78.7  
Series 1 preferred unit distributions                 45.0       45.0  
Accretion of discount on Series 1 preferred units                 7.3       7.3  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 389.8     $ 9.9     $ (262.5 )   $ 137.2  
Total assets   $ 10,335.9     $ 5,301.3 (3)   $ 426.2     $ 16,063.4  
Capital expenditures (excluding acquisitions)   $ 985.0     $ 105.0     $ 1.5     $ 1,091.5  

 

 
(1)
Corporate consists of interest expense, interest income, allowance for equity used during construction, noncontrolling interest and other costs such as income taxes, which are not allocated to the business segments.
(2)
Other income (expense) for our Natural Gas segment includes our equity investment in the Texas Express NGL system.
(3)
Total assets for our Natural Gas segment include $381.6 million for our equity investment in the Texas Express NGL system.