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

 

For the three months ended September 30, 2015
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:                        
Commodity sales   $     $ 609.9     $     $ 609.9  
Transportation and other services     606.7       51.1             657.8  
      606.7       661.0 (2)           1,267.7  
Operating expenses:                                     
Commodity costs           522.7             522.7  
Environmental costs, net of recoveries     1.1                   1.1  
Operating and administrative     183.2       94.1       3.3       280.6  
Power     71.6                   71.6  
Depreciation and amortization     97.7       39.2             136.9  
      353.6       656.0       3.3       1,012.9  
Operating income (loss)     253.1       5.0
    (3.3 )     254.8  
Interest expense, net                 (88.2 )     (88.2 )
Allowance for equity used during construction                 13.7       13.7  
Other income           8.9 (3)     (0.1 )     8.8  
Income (loss) before income tax expense     253.1       13.9
    (77.9 )     189.1  
Income tax expense                 (4.6 )     (4.6 )
Net income (loss)     253.1       13.9
    (82.5 )     184.5  
Less: Net income attributable to:                                    
Noncontrolling interest                 77.8       77.8  
Series 1 preferred unit distributions                 22.5       22.5  
Accretion of discount on Series 1 preferred units                 2.1       2.1  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 253.1     $ 13.9
  $ (184.9 )   $ 82.1  

 

 
(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 September 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 September 30, 2014
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:                        
Commodity sales   $     $ 1,347.0     $     $ 1,347.0  
Transportation and other services     542.9       52.4             595.3  
      542.9       1,399.4             1,942.3  
Operating expenses:                                    
Commodity costs           1,238.2             1,238.2  
Environmental costs, net of recoveries     50.1                   50.1  
Operating and administrative     126.5       105.0       3.8       235.3  
Power     59.5                   59.5  
Depreciation and amortization     79.3       39.5             118.8  
      315.4       1,382.7       3.8       1,701.9  
Operating income (loss)     227.5       16.7       (3.8 )     240.4  
Interest expense, net                 (137.1 )     (137.1 )
Allowance for equity used during construction                 14.5       14.5  
Other income (expense) (2)           6.1       (4.3 )     1.8  
Income (loss) before income tax expense     227.5       22.8       (130.7 )     119.6  
Income tax expense                 (2.1 )     (2.1 )
Net income (loss)     227.5       22.8       (132.8 )     117.5  
Less: Net income attributable to:                                   
Noncontrolling interest                 70.7       70.7  
Series 1 preferred unit distributions                 22.5       22.5  
Accretion of discount on Series 1 preferred units                 3.8       3.8  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 227.5     $ 22.8     $ (229.8 )   $ 20.5  

 

 
(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.

 

As of and for the nine months ended September 30, 2015
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:(2)                        
Commodity sales   $     $ 2,163.7     $     $ 2,163.7  
Transportation and other services     1,694.8       150.9             1,845.7  
      1,694.8       2,314.6             4,009.4  
Operating expenses:                                   
Commodity costs           1,972.4             1,972.4  
Environmental costs, net of recoveries     1.1                   1.1  
Operating and administrative     429.9       264.1       10.9       704.9  
Power     192.4                   192.4  
Goodwill impairment           246.7             246.7  
Asset impairment           12.3             12.3  
Depreciation and amortization     276.5       118.3             394.8  
      899.9       2,613.8       10.9       3,524.6  
Operating income (loss)     794.9       (299.2 )     (10.9 )     484.8  
Interest expense, net                 (214.5 )     (214.5
Allowance for equity used during construction                 54.0       54.0  
Other income           20.5 (3)     0.2       20.7  
Income (loss) before income tax expense     794.9       (278.7 )     (171.2 )     345.0  
Income tax expense                 (3.2 )     (3.2 )
Net income (loss)     794.9       (278.7 )     (174.4 )     341.8  
Less: Net income attributable to:                                   
Noncontrolling interest                 139.1       139.1  
Series 1 preferred unit distributions                 67.5       67.5  
Accretion of discount on Series 1 preferred units                 10.1       10.1  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 794.9     $ (278.7 )   $ (391.1 )   $ 125.1  
Total assets   $ 13,059.7     $ 5,177.5 (4)   $ 169.7     $ 18,406.9  
Capital expenditures (excluding acquisitions)   $ 1,485.4     $ 143.8     $ 3.5     $ 1,632.7  

 

 
(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 nine months ended September 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 $373.7 million for our equity investment in the Texas Express NGL system.

 

As of and for the nine months ended September 30, 2014
Liquids Natural Gas     Corporate (1)     Total  
(in millions)
Operating revenues:                        
Commodity sales   $     $ 4,288.9     $     $ 4,288.9  
Transportation and other services     1,449.9       154.2             1,604.1  
      1,449.9       4,443.1             5,893.0  
Operating expenses:                                   
Commodity costs           3,986.7             3,986.7  
Environmental costs, net of recoveries     93.3                   93.3  
Operating and administrative     352.5       317.5       6.9       676.9  
Power     164.1                   164.1  
Depreciation and amortization     222.7       113.3             336.0  
      832.6       4,417.5       6.9       5,257.0  
Operating income (loss)     617.3       25.6       (6.9 )     636.0  
Interest expense, net                 (294.2 )     (294.2 )
Allowance for equity used during construction                 47.8       47.8  
Other income (expense)           7.1 (2)     (4.9 )     2.2  
Income (loss) before income tax expense     617.3       32.7       (258.2 )     391.8  
Income tax expense                 (6.1 )     (6.1 )
Net income (loss)     617.3       32.7       (264.3 )     385.7  
Less: Net income attributable to:                                   
Noncontrolling interest                 149.4       149.4  
Series 1 preferred unit distributions                 67.5       67.5  
Accretion of discount on Series 1 preferred units                 11.1       11.1  
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.   $ 617.3     $ 32.7     $ (492.3 )   $ 157.7  
Total assets   $ 11,252.8     $ 5,461.9 (3)   $ 232.4     $ 16,947.1  
Capital expenditures (excluding acquisitions)   $ 1,861.3     $ 158.4     $ 3.2     $ 2,022.9  

 

 
(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.
(3)
Total assets for our Natural Gas segment includes $380.2 million for our equity investment in the Texas Express NGL system.