Subsequent Events (Note)

3 Months Ended

Mar. 31, 2014

Subsequent Events [Abstract]

Subsequent Events Disclosure [Text Block]

Subsequent Events

On April 10, 2014, we sold 337 compressors and related equipment to Exterran Partners, L.P. for approximately $362 million.

On April 24, 2014, we issued $3.0 billion in aggregate principal amount of senior notes at par. The offering included two series of notes: $1.5 billion in aggregate principal amount of Floating Rate Senior Notes due 2019 and $1.5 billion in aggregate principal amount of 4.875% Senior Notes due 2022. We used a portion of the net proceeds of $2.966 billion to repay the borrowings under, and terminate, our term loan credit facility. We will use the remaining proceeds along with cash on hand to redeem approximately $97 million aggregate principal amount of 6.875% Senior Notes due 2018 and to purchase outstanding 9.5% Senior Notes due 2015 through a tender offer that we commenced concurrently with the senior notes offering. On April 24, 2014, we purchased approximately $946 million aggregate principal amount of the 9.5% Senior Notes due 2015 that were tendered by the early tender date. The tender offer will expire on May 7, 2014, unless extended, and the redemption of the 6.875% Senior Notes due 2018 is expected to occur on May 12, 2014.