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Partners Capital (Tables)
6 Months Ended
Jun. 30, 2014
Partners' Capital [Abstract]  
Schedule of Distributions Made to Members or Limited Partners, by Distribution [Table Text Block]
The following table provides information about our distributions for the three and six month periods ended June 30, 2014 and 2013 (in millions except per unit and i-unit distributions amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Per unit cash distribution declared for the period
$
1.39

 
$
1.32

 
$
2.77

 
$
2.62

Per unit cash distribution paid in the period
$
1.38

 
$
1.30

 
$
2.74

 
$
2.59

Cash distributions paid in the period to all partners(a)(b)
$
918

 
$
757

 
$
1,813

 
$
1,487

i-unit distributions made in the period to KMR(c)
2,386,814

 
1,726,952

 
4,624,072

 
3,531,548

General Partner’s incentive distribution(d):
 
 
 
 
 
 
 
Declared for the period(e)
$
463

 
$
416

 
$
912

 
$
814

Paid in the period(b)(c)(f)
$
449

 
$
398

 
$
894

 
$
782

______________
(a)
Consisting of our common and Class B unitholders, our general partner and noncontrolling interests.
(b)
The period-to-period increases in distributions paid primarily reflect the increases in amounts distributed per unit as well as the issuance of additional units.
(c)
Under the terms of our partnership agreement, we agreed that we will not, except in liquidation, make a distribution on an i-unit other than in additional i-units or a security that has in all material respects the same rights and privileges as our i-units.  The number of i-units we distribute to KMR is based upon the amount of cash we distribute to the owners of our common units. When cash is paid to the holders of our common units, we will issue additional i-units to KMR.  The fraction of an i-unit paid per i-unit owned by KMR will have a value based on the cash payment on the common units.  If additional units are distributed to the holders of our common units, we will issue an equivalent amount of i-units to KMR based on the number of i-units it owns. Based on the preceding, the i-units we distributed were based on the $1.38 and $1.30 per unit paid to our common unitholders during the second quarters of 2014 and 2013, respectively, and the $2.74 and $2.59 per unit paid to our common unitholders during the first six months of 2014 and 2013, respectively.
(d)
Incentive distribution does not include the general partner’s initial 2% distribution of available cash.
(e)
Amounts are net of waived incentive distributions of $33 million and $25 million for the three months ended June 30, 2014 and 2013, respectively, and $66 million and $29 million for the six months ended June 30, 2014 and 2013, respectively, related to certain acquisitions. In addition, our general partner agreed to waive a portion of our future incentive distributions amounts equal to $33 million and $34 million for our third and fourth quarters in 2014, respectively, $139 million for 2015, $116 million for 2016, $105 million for 2017, and annual amounts thereafter decreasing by $5 million per year from the 2017 level related to certain acquisitions.
(f)
Amounts are net of waived incentive distributions of $33 million and $4 million for the three months ended June 30, 2014 and 2013, respectively, and $58 million and $11 million for the six months ended June 30, 2014 and 2013, respectively, related to certain acquisitions.