SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

SEGMENT INFORMATION

5. SEGMENT INFORMATION

Our business is divided into operating segments, defined as components of the enterprise, about which financial information is available and evaluated regularly by our Chief Operating Decision Maker, collectively comprised of our senior management, in deciding how resources are allocated and performance is assessed.

Each of our reportable segments is a business unit that offers different services and products and are managed separately, because each business segment requires different operating strategies. We have segregated our business activities into two distinct operating segments:

• Liquids; and

• Natural Gas.

The following tables present certain financial information relating to our business segments and other activities. Interest expense, allowance for equity used during construction, income tax expense, noncontrolling interest, and certain other costs are not allocated to the business segments. These items are presented in “Other” in the tables below:

	As of and for the year ended December 31, 2016
	Liquids		Natural Gas			Other		Total
	(in millions)
Operating revenues:(1)
Commodity sales	$	—	$	1,785.6		$	—	$	1,785.6
Transportation and other services		2,515.9		180.4			—		2,696.3
		2,515.9		1,966.0			—		4,481.9
Operating expenses:
Commodity costs		—		1,659.1			—		1,659.1
Environmental costs, net of recoveries		2.2		—			—		2.2
Operating and administrative		561.9		290.9			13.7		866.5
Power		277.4		—			—		277.4
Depreciation and amortization		426.5		154.4			—		580.9
Asset impairment		757.1		10.6			—		767.7
		2,025.1		2,115.0			13.7		4,153.8
Operating income (loss)		490.8		(149.0)			(13.7)		328.1
Interest expense, net		—		—			(445.5)		(445.5)
Allowance for equity used during construction		—		—			45.5		45.5
Other income		—		30.0	(2)		1.5		31.5
Income (loss) before income tax expense		490.8		(119.0)			(412.2)		(40.4)
Income tax expense		—		—			(0.9)		(0.9)
Net income (loss)		490.8		(119.0)			(413.1)		(41.3)
Less: Net income attributable to:
Noncontrolling interest		—		—			26.4		26.4
Series 1 preferred unit distributions		—		—			90.0		90.0
Accretion of discount on Series 1 preferred units		—		—			4.7		4.7
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.	$	490.8	$	(119.0)		$	(534.2)	$	(162.4)
Total assets	$	13,106.7	$	4,857.2	(3)	$	146.2	$	18,110.1
Capital expenditures (excluding acquisitions)	$	796.5	$	54.2		$	1.9	$	852.6

(1)	There were no intersegment revenues for the year ended December 31, 2016.
(2)	Other income for our Natural Gas segment includes our equity investment in the Texas Express NGL system.
(3)	Total assets for our Natural Gas segment includes $360.7 million for our equity investment in the Texas Express NGL system.

	As of and for the year ended December 31, 2015
	Liquids		Natural Gas			Other		Total
	(in millions)
Operating revenues:(1)
Commodity sales	$	—	$	2,646.4		$	—	$	2,646.4
Transportation and other services		2,303.4		196.3			—		2,499.7
		2,303.4		2,842.7			—		5,146.1
Operating expenses:
Commodity costs		—		2,372.9			—		2,372.9
Environmental costs, net of recoveries		3.1		—			—		3.1
Operating and administrative		605.9		351.0			14.4		971.3
Power		259.5		—			—		259.5
Depreciation and amortization		378.4		157.8			—		536.2
Asset impairment		62.5		12.3			—		74.8
Goodwill impairment		—		246.7			—		246.7
		1,309.4		3,140.7			14.4		4,464.5
Operating income (loss)		994.0		(298.0)			(14.4)		681.6
Interest expense, net		—		—			(322.0)		(322.0)
Allowance for equity used during construction		—		—			70.3		70.3
Other income		—		29.3	(2)		—		29.3
Income (loss) before income tax expense		994.0		(268.7)			(266.1)		459.2
Income tax expense		—		—			(4.9)		(4.9)
Net income (loss)		994.0		(268.7)			(271.0)		454.3
Less: Net income attributable to:
Noncontrolling interest		—		—			221.1		221.1
Series 1 preferred unit distributions		—		—			90.0		90.0
Accretion of discount on Series 1 preferred units		—		—			11.2		11.2
Net income (loss) attributable to general and limited partner ownership interests in Enbridge Energy Partners, L.P.	$	994.0	$	(268.7)		$	(593.3)	$	132.0
Total assets	$	13,483.4	$	5,142.3	(3)	$	148.6	$	18,774.3
Capital expenditures (excluding acquisitions)	$	1,975.9	$	173.6		$	4.8	$	2,154.3

(1)	There were no intersegment revenues for the year ended December 31, 2015.
(2)	Other income for our Natural Gas segment includes our equity investment in the Texas Express NGL system.
(3)	Total assets for our Natural Gas segment includes $372.3 million for our equity investment in the Texas Express NGL system.

	As of and for the year ended December 31, 2014
	Liquids		Natural Gas			Other		Total
	(in millions)
Operating revenues:(1)
Commodity sales	$	—	$	5,693.9		$	—	$	5,693.9
Transportation and other services		2,070.4		200.4			—		2,270.8
		2,070.4		5,894.3			—		7,964.7
Operating expenses:
Commodity costs		—		5,145.9			—		5,145.9
Environmental costs, net of recoveries		97.3		—			—		97.3
Operating and administrative		500.8		423.0			10.6		934.4
Power		226.6		—			—		226.6
Depreciation and amortization		306.8		151.4			—		458.2
Asset impairment		—		15.6			—		15.6
		1,131.5		5,735.9			10.6		6,878.0
Operating income (loss)		938.9		158.4			(10.6)		1,086.7
Interest expense, net		—		—			(403.2)		(403.2)
Allowance for equity used during construction		—		—			57.2		57.2
Other income (expense)		—		13.2	(2)		(4.3)		8.9
Income (loss) before income tax expense		938.9		171.6			(360.9)		749.6
Income tax expense		—		—			(9.6)		(9.6)
Net income (loss)		938.9		171.6			(370.5)		740.0
Less: Net income attributable to:
Noncontrolling interest		—		—			263.3		263.3
Series 1 preferred unit distributions		—		—			90.0		90.0
Accretion of discount on Series 1 preferred units		—		—			14.9		14.9
Net income (loss) attributable to general and limited partner
ownership interests in Enbridge Energy Partners, L.P.	$	938.9	$	171.6		$	(738.7)	$	371.8
Total assets	$	11,870.4	$	5,633.5	(3)	$	222.6	$	17,726.5
Capital expenditures (excluding acquisitions)	$	2,563.4	$	230.0		$	6.0	$	2,799.4

 

(1)	There were no intersegment revenues for the year ended December 31, 2014.
(2)	Other income for our Natural Gas segment includes our equity investment in the Texas Express NGL system.
(3)	Totals assets for our Natural Gas segment includes $380.6 million for our equity investment in the Texas Express NGL system.

 

Substantially all of our consolidated revenues are earned in the U.S. and derived from a wide customer base. Our largest non-affiliated customer accounted for approximately 10.3% and 10.4% of our third-party revenues for the years ended December 31, 2016 and 2015, respectively. No other customers accounted for 10% or more of our third-party revenues during any of the three years ended December 31, 2016, 2015, and 2014.