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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, By Segment
The following tables present certain financial information relating to our business segments and corporate activities:
 
 
As of and for the three months ended March 31, 2016
Liquids
Natural Gas
Corporate(1)
Total
(in millions)
Operating revenues:(2)
Commodity sales
$
$
383.0
$
$
383.0
Transportation and other services
 
629.7
 
48.9
 
 
678.6
 
629.7
 
431.9
 
 
1,061.6
Operating expenses:
Commodity costs
348.0
348.0
Environmental costs, net of recoveries
16.9
16.9
Operating and administrative
137.2
74.3
3.5
215.0
Power
72.8
72.8
Depreciation and amortization
 
101.4
 
39.5
 
 
140.9
 
328.3
 
461.8
 
3.5
 
793.6
Operating income (loss)
301.4
(29.9
)
(3.5
)
268.0
Interest expense, net
(112.9
)
(112.9
)
Allowance for equity used during construction
12.3
12.3
Other income
 
 
7.1
(3)
 
0.4
 
7.5
Income (loss) before income tax expense
301.4
(22.8
)
(103.7
)
174.9
Income tax expense
 
 
 
(2.5
)
 
(2.5
)
Net income (loss)
301.4
(22.8
)
(106.2
)
172.4
Less: Net income attributable to:
Noncontrolling interest
68.8
68.8
Series 1 preferred unit distributions
22.5
22.5
Accretion of discount on Series 1 preferred units
 
 
 
1.1
 
1.1
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.
$
301.4
$
(22.8
)
$
(198.6
)
$
80.0
Total assets
$
13,650.3
$
5,026.4
(4)
$
150.5
$
18,827.2
Capital expenditures (excluding acquisitions)
$
264.3
$
18.6
$
(0.9
)
$
282.0
 
(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 March 31, 2016.
(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 includes $368.0 million for our equity investment in the Texas Express NGL system.
 
 
As of and for the three months ended March 31, 2015
Liquids
Natural Gas
Corporate(1)
Total
(in millions)
Operating revenues:(2)
Commodity sales
$
$
822.7
$
$
822.7
Transportation and other services
 
555.1
 
50.8
 
 
605.9
 
555.1
 
873.5
 
 
1,428.6
Operating expenses:
Commodity costs
779.1
779.1
Environmental costs, net of recoveries
0.8
0.8
Operating and administrative
130.4
82.7
4.0
217.1
Power
63.6
63.6
Depreciation and amortization
 
90.1
 
38.3
 
 
128.4
 
284.9
 
900.1
 
4.0
 
1,189.0
Operating income (loss)
270.2
(26.6
)
(4.0
)
239.6
Interest expense, net
(48.3
)
(48.3
)
Allowance for equity used during construction
23.0
23.0
Other income
 
 
5.7
(3)
 
0.2
 
5.9
Income (loss) before income tax expense
270.2
(20.9
)
(29.1
)
220.2
Income tax expense
 
 
 
(2.4
)
 
(2.4
)
Net income (loss)
270.2
(20.9
)
(31.5
)
217.8
Less: Net income attributable to:
Noncontrolling interest
51.3
51.3
Series 1 preferred unit distributions
22.5
22.5
Accretion of discount on Series 1 preferred units
 
 
 
3.9
 
3.9
Net income (loss) attributable to general and limited partner
ownership interests in Enbridge Energy Partners, L.P.
$
270.2
$
(20.9
)
$
(109.2
)
$
140.1
Total assets
$
12,143.3
$
5,482.9
(4)
$
430.5
$
18,056.7
Capital expenditures (excluding acquisitions)
$
456.3
$
55.5
$
$
511.8
 
(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 March 31, 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 includes $380.1 million for our equity investment in the Texas Express NGL system.