QEP Midstream Partners, LP

CIK:0001576044|SEC Filings

Acquisitions Green River Processing Summarized Income Statement Information (Details) (Green River Processing, LLC, USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015
Green River Processing, LLC
Schedule of Equity Method Investments
Revenues	$ 26
Operating Expenses	16
Net Income	$ 10

Condensed Consolidating Financial Information Statement of Cash Flows (Details) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:
Net cash from operating activities	$ 29	$ 22
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Property, plant and equipment	(2)	(6)
Contribution to unconsolidated affiliates	(2)	0
Net cash used in investing activities	(4)	(6)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Borrowings under affiliate credit agreement	9	0
Repayments under affiliate credit agreement	(22)	0
Intercompany borrowings (repayments)	0
Contributions from (distributions to) parent, net	0	1
Distributions to unitholders	(17)qepm_UnitholderDistribution	(14)qepm_UnitholderDistribution
Distribution to noncontrolling interest	(2)us-gaap_PaymentsToMinorityShareholders	(2)us-gaap_PaymentsToMinorityShareholders
Net cash from (used in) financing activities	(32)	(15)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(7)	1
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	15	19
CASH AND CASH EQUIVALENTS, END OF PERIOD	8	20
Eliminations
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:
Net cash from operating activities	(5)	(24)
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Property, plant and equipment	0	0
Contribution to unconsolidated affiliates	0
Net cash used in investing activities	0	0
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Borrowings under affiliate credit agreement	0
Repayments under affiliate credit agreement	0
Intercompany borrowings (repayments)	0
Contributions from (distributions to) parent, net	5	24
Distributions to unitholders	0	0
Distribution to noncontrolling interest	0	0
Net cash from (used in) financing activities	5	24
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	0	0
CASH AND CASH EQUIVALENTS, END OF PERIOD	0	0
Parent
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:
Net cash from operating activities	(1)	13
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Property, plant and equipment	0	0
Contribution to unconsolidated affiliates	0
Net cash used in investing activities	0	0
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Borrowings under affiliate credit agreement	9
Repayments under affiliate credit agreement	(22)
Intercompany borrowings (repayments)	34
Contributions from (distributions to) parent, net	0	1
Distributions to unitholders	(17)	(14)
Distribution to noncontrolling interest	0	0
Net cash from (used in) financing activities	4	(13)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	3	0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	0	0
CASH AND CASH EQUIVALENTS, END OF PERIOD	3	0
Guarantor Subsidiaries
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:
Net cash from operating activities	30	25
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Property, plant and equipment	(2)	(6)
Contribution to unconsolidated affiliates	(2)
Net cash used in investing activities	(4)	(6)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Borrowings under affiliate credit agreement	0
Repayments under affiliate credit agreement	0
Intercompany borrowings (repayments)	(37)
Contributions from (distributions to) parent, net	0	(18)
Distributions to unitholders	0	0
Distribution to noncontrolling interest	0	0
Net cash from (used in) financing activities	(37)	(18)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(11)	1
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	13	16
CASH AND CASH EQUIVALENTS, END OF PERIOD	2	17
Non-Guarantors
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:
Net cash from operating activities	5	8
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Property, plant and equipment	0	0
Contribution to unconsolidated affiliates	0
Net cash used in investing activities	0	0
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Borrowings under affiliate credit agreement	0
Repayments under affiliate credit agreement	0
Intercompany borrowings (repayments)	3
Contributions from (distributions to) parent, net	(5)	(6)
Distributions to unitholders	0	0
Distribution to noncontrolling interest	(2)	(2)
Net cash from (used in) financing activities	(4)	(8)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1	0
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	2	3
CASH AND CASH EQUIVALENTS, END OF PERIOD	$ 3	$ 3

Condensed Consolidating Financial Information Balance Sheets (Details) (USD $) In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 8	$ 15	$ 20	$ 19
Accounts receivable, net	18us-gaap_AccountsReceivableNetCurrent	20us-gaap_AccountsReceivableNetCurrent
Accounts receivable from affiliate	2	2
Total current assets	28us-gaap_AssetsCurrent	37us-gaap_AssetsCurrent
Property, plant and equipment, net	470us-gaap_PropertyPlantAndEquipmentNet	476us-gaap_PropertyPlantAndEquipmentNet
Long-term receivables from affiliates	0	0
Investment in unconsolidated affiliates	136	136
Investment in subsidiaries	0	0
Total assets	634us-gaap_Assets	649us-gaap_Assets
Current liabilities:
Accounts payable	3us-gaap_AccountsPayableCurrent	12us-gaap_AccountsPayableCurrent
Accounts payable to affiliate	5	1
Other current liabilities	2us-gaap_OtherLiabilitiesCurrent	2us-gaap_OtherLiabilitiesCurrent
Total current liabilities	10us-gaap_LiabilitiesCurrent	15us-gaap_LiabilitiesCurrent
Affiliate long-term debt	197us-gaap_LongTermLineOfCredit	210us-gaap_LongTermLineOfCredit
Long-term payables to affiliates	0	0
Other long-term liabilities	25us-gaap_OtherLiabilitiesNoncurrent	25us-gaap_OtherLiabilitiesNoncurrent
Total long-term liabilities	222us-gaap_LiabilitiesNoncurrent	235us-gaap_LiabilitiesNoncurrent
Equity
Equity - QEP Midstream	360us-gaap_PartnersCapital	356us-gaap_PartnersCapital
Equity - noncontrolling interest	42	43
Total equity	402	399
Total liabilities and equity	634	649
Eliminations
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0
Accounts receivable from affiliate	(4)	0
Total current assets	(4)	0
Property, plant and equipment, net	0	0
Long-term receivables from affiliates	(178)	(214)
Investment in unconsolidated affiliates	0	0
Investment in subsidiaries	(532)	(510)
Total assets	(714)	(724)
Current liabilities:
Accounts payable	0	0
Accounts payable to affiliate	(4)	0
Other current liabilities	0	0
Total current liabilities	(4)	0
Affiliate long-term debt	0	0
Long-term payables to affiliates	(178)	(214)
Other long-term liabilities	0	0
Total long-term liabilities	(178)	(214)
Equity
Equity - QEP Midstream	(532)	(510)
Equity - noncontrolling interest	0	0
Total equity	(532)	(510)
Total liabilities and equity	(714)	(724)
Parent
Current assets:
Cash and cash equivalents	3	0	0	0
Accounts receivable, net	0	0
Accounts receivable from affiliate	0	0
Total current assets	3	0
Property, plant and equipment, net	0	0
Long-term receivables from affiliates	176	210
Investment in unconsolidated affiliates	0	0
Investment in subsidiaries	383	358
Total assets	562	568
Current liabilities:
Accounts payable	0	0
Accounts payable to affiliate	5	1
Other current liabilities	0	1
Total current liabilities	5	2
Affiliate long-term debt	197	210
Long-term payables to affiliates	0	0
Other long-term liabilities	0	0
Total long-term liabilities	197	210
Equity
Equity - QEP Midstream	360	356
Equity - noncontrolling interest	0	0
Total equity	360	356
Total liabilities and equity	562	568
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	2	13	17	16
Accounts receivable, net	18	18
Accounts receivable from affiliate	4	2
Total current assets	24	33
Property, plant and equipment, net	285	288
Long-term receivables from affiliates	0	0
Investment in unconsolidated affiliates	136	136
Investment in subsidiaries	149	152
Total assets	594	609
Current liabilities:
Accounts payable	3	12
Accounts payable to affiliate	4	0
Other current liabilities	2	1
Total current liabilities	9	13
Affiliate long-term debt	0	0
Long-term payables to affiliates	178	214
Other long-term liabilities	24	24
Total long-term liabilities	202	238
Equity
Equity - QEP Midstream	383	358
Equity - noncontrolling interest	0	0
Total equity	383	358
Total liabilities and equity	594	609
Non-Guarantors
Current assets:
Cash and cash equivalents	3	2	3	3
Accounts receivable, net	0	2
Accounts receivable from affiliate	2	0
Total current assets	5	4
Property, plant and equipment, net	185	188
Long-term receivables from affiliates	2	4
Investment in unconsolidated affiliates	0	0
Investment in subsidiaries	0	0
Total assets	192	196
Current liabilities:
Accounts payable	0	0
Accounts payable to affiliate	0	0
Other current liabilities	0	0
Total current liabilities	0	0
Affiliate long-term debt	0	0
Long-term payables to affiliates	0	0
Other long-term liabilities	1	1
Total long-term liabilities	1	1
Equity
Equity - QEP Midstream	149	152
Equity - noncontrolling interest	42	43
Total equity	191	195
Total liabilities and equity	$ 192	$ 196