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Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2012	Aug. 01, 2012
Document Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Entity Registrant Name	Panhandle Eastern Pipe Line Co LP
Entity Central Index Key	0000076063
Document Period End Date	Jun. 30, 2012
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		0

CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Successor [Member]
Current assets:
Cash and cash equivalents	$ 54
Accounts receivable, billed and unbilled, net of allowances of nil and $993, respectively	63,139
Accounts receivable - related parties	4,604
Natural gas imbalances - receivable	40,414
Note receivable - related party	0
System natural gas and operating supplies	109,667
Other	18,321
Total current assets	236,199
Property, plant and equipment:
Plant in service	4,072,932
Construction work in progress	57,201
Total property, plant and equipment:	4,130,133
Less: accumulated depreciation and amortization	38,093
Net property, plant and equipment	4,092,040
Goodwill	938,438
Note receivable - related party	710,480
Other	121,329
Total assets	6,098,486
Current liabilities:
Current portion of long-term debt	0
Accounts payable	12,150
Accounts payable - related parties	47,859
Natural gas imbalances - payable	119,482
Accrued taxes	18,771
Accrued interest	13,223
Capital accruals	9,144
Other	51,137
Total current liabilities	271,766
Long-term debt	1,771,993
Deferred income taxes, net	799,248
Other	122,936
Commitments and contingencies
Partners' capital:
Partners' capital	3,133,122
Accumulated other comprehensive loss	0
Tax sharing note receivable - related party	(579)
Total partners' capital	3,132,543
Total partners' capital and liabilities	$ 6,098,486
Predecessor [Member]
Current assets:
Cash and cash equivalents		$ 50
Accounts receivable, billed and unbilled, net of allowances of nil and $993, respectively		75,775
Accounts receivable - related parties		6,319
Natural gas imbalances - receivable		52,939
Note receivable - related party		342,386
System natural gas and operating supplies		114,739
Other		20,886
Total current assets		613,094
Property, plant and equipment:
Plant in service		4,045,688
Construction work in progress		41,828
Total property, plant and equipment:		4,087,516
Less: accumulated depreciation and amortization		733,228
Net property, plant and equipment		3,354,288
Goodwill		0
Note receivable - related party		688,330
Other		19,325
Total assets		4,675,037
Current liabilities:
Current portion of long-term debt		342,386
Accounts payable		13,295
Accounts payable - related parties		52,055
Natural gas imbalances - payable		144,697
Accrued taxes		17,541
Accrued interest		14,280
Capital accruals		10,814
Other		55,146
Total current liabilities		650,214
Long-term debt		1,624,229
Deferred income taxes, net		538,284
Other		70,296
Commitments and contingencies
Partners' capital:
Partners' capital		1,809,346
Accumulated other comprehensive loss		(16,176)
Tax sharing note receivable - related party		(1,156)
Total partners' capital		1,792,014
Total partners' capital and liabilities		$ 4,675,037

PARENTHETICAL DISCLOSURE OF CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)	Jun. 30, 2012	Dec. 31, 2011
Successor [Member]
Allowance for doubtful accounts	$ 0
Predecessor [Member]
Allowance for doubtful accounts		$ 993,000

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Mar. 25, 2012	Jun. 30, 2011	Jun. 30, 2011
Successor [Member]
Operating revenues:
Transportation and storage of natural gas	$ 128,168	$ 137,940
LNG terminalling	53,881	57,407
Other	3,167	3,345
Total operating revenues	185,216	198,692
Operating expenses:
Operating, maintenance and general	58,958	55,301
Operating, maintenance and general - affiliate	10,602	49,854
Depreciation and amortization	41,085	43,782
Taxes, other than on income	9,153	9,790
Total operating expenses	119,798	158,727
Operating income	65,418	39,965
Other income (expenses):
Interest expense	(13,761)	(14,668)
Interest income - affiliates	565	573
Other, net	109	113
Total other expenses, net	(13,087)	(13,982)
Earnings before income taxes	52,331	25,983
Income tax expense	22,622	15,214
Net earnings	$ 29,709	$ 10,769
Predecessor [Member]
Operating revenues:
Transportation and storage of natural gas			$ 140,140	$ 132,240	$ 277,756
LNG terminalling			51,127	55,110	109,282
Other			2,654	2,410	5,016
Total operating revenues			193,921	189,760	392,054
Operating expenses:
Operating, maintenance and general			52,681	48,289	104,590
Operating, maintenance and general - affiliate			13,837	13,369	26,767
Depreciation and amortization			30,225	31,963	64,237
Taxes, other than on income			8,801	8,434	17,739
Total operating expenses			105,544	102,055	213,333
Operating income			88,377	87,705	178,721
Other income (expenses):
Interest expense			(25,226)	(26,980)	(53,914)
Interest income - affiliates			2,204	2,144	4,313
Other, net			68	86	148
Total other expenses, net			(22,954)	(24,750)	(49,453)
Earnings before income taxes			65,423	62,955	129,268
Income tax expense			24,941	22,736	43,437
Net earnings			40,482	$ 40,219	$ 85,831
General Partner [Member] \| Predecessor [Member]
Other income (expenses):
Net earnings			$ 40,482

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Mar. 25, 2012	Jun. 30, 2011	Jun. 30, 2011
Successor [Member]
Statement of Income and Comprehensive Income [Line Items]
Net earnings	$ 29,709	$ 10,769
Other comprehensive income (loss), net of tax:
Reclassification of unrealized loss on interest rate hedges into earnings	0	0
Change in fair value of interest rate hedges	0	0
Reclassification of prior service cost (credit) relating to other postretirement benefits into earnings	0	0
Total other comprehensive income, net of tax	0	0
Comprehensive income	$ 29,709	$ 10,769
Predecessor [Member]
Statement of Income and Comprehensive Income [Line Items]
Net earnings			$ 40,482	$ 40,219	$ 85,831
Other comprehensive income (loss), net of tax:
Reclassification of unrealized loss on interest rate hedges into earnings			2,515	3,260	6,482
Change in fair value of interest rate hedges			0	(361)	(789)
Reclassification of prior service cost (credit) relating to other postretirement benefits into earnings			398	(378)	(756)
Total other comprehensive income, net of tax			2,913	2,521	4,937
Comprehensive income			$ 43,395	$ 42,740	$ 90,768

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Mar. 25, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Adjustments to reconcile net earnings to net cash flows provided by operating activities:
Net gain on curtailment of OPEB benefits					$ (10,500)
Successor [Member]
Cash flows from operating activities:
Net earnings	$ 29,709	$ 10,769
Adjustments to reconcile net earnings to net cash flows provided by operating activities:
Depreciation and amortization	41,085	43,782
Deferred income taxes, net		21,128
Amortization of costs charged to interest		(8,275)
Net gain on curtailment of OPEB benefits		(10,527)
Changes in operating assets and liabilities, net of Merger impact		(85,263)
Net cash flows provided by (used in) operating activities		(28,386)
Cash flows from investing activities:
Net (increase) decrease in note receivable - related parties		65,500
Net increase (decrease) in income taxes payable - related parties		(5,667)
Additions to property, plant and equipment		(29,416)
Plant retirements and other		(2,056)
Net cash flows provided by (used in) investing activities		28,361
Cash flows provided by (used in) financing activities:
Issuance of long-term debt		0
Repayment of debt		0
Issuance costs of debt		0
Other		0
Net cash flows provided by (used in) financing activities		0
Change in cash and cash equivalents		(25)
Cash and cash equivalents at beginning of period		79
Cash and cash equivalents at end of period	$ 54	54	$ 79		54
Predecessor [Member]
Cash flows from operating activities:
Net earnings			40,482	$ 40,219		$ 85,831
Adjustments to reconcile net earnings to net cash flows provided by operating activities:
Depreciation and amortization			30,225	31,963		64,237
Deferred income taxes, net			18,958			47,689
Amortization of costs charged to interest			384			733
Net gain on curtailment of OPEB benefits			0			0
Changes in operating assets and liabilities, net of Merger impact			21,518			9,099
Net cash flows provided by (used in) operating activities			111,567			207,589
Cash flows from investing activities:
Net (increase) decrease in note receivable - related parties			254,736			(155,250)
Net increase (decrease) in income taxes payable - related parties			5,158			(3,678)
Additions to property, plant and equipment			(27,588)			(50,317)
Plant retirements and other			345			687
Net cash flows provided by (used in) investing activities			232,651			(208,558)
Cash flows provided by (used in) financing activities:
Issuance of long-term debt			455,000			0
Repayment of debt			(797,386)			0
Issuance costs of debt			(1,803)			0
Other			0			961
Net cash flows provided by (used in) financing activities			(344,189)			961
Change in cash and cash equivalents			29			(8)
Cash and cash equivalents at beginning of period		$ 79	50		$ 50	56
Cash and cash equivalents at end of period			$ 79	$ 48		$ 48

CONDENSED CONSOLIDATED STATEMENT OF PARTNERS' CAPITAL (UNAUDITED) - USD ($) $ in Thousands	Total	Partners' Capital [Member]	Accumulated Other Comprehensive Loss [Member]	Tax Sharing Note Receivable - Related Party [Member]
Balance (Predecessor [Member]) at Dec. 31, 2011	$ 1,792,014	$ 1,809,346	$ (16,176)	$ (1,156)
Tax sharing receivable - Southern Union \| Predecessor [Member]	288	0	0	288
Net earnings \| Predecessor [Member]	40,482	40,482	0	0
Other comprehensive income, net of tax \| Predecessor [Member]	2,913	0	2,913	0
Balance (Predecessor [Member]) at Mar. 25, 2012	1,835,697	1,849,828	(13,263)	(868)
Balance (Successor [Member]) at Mar. 25, 2012	3,121,485	3,122,353	0	(868)
Tax sharing receivable - Southern Union \| Successor [Member]	289	0	0	289
Net earnings \| Successor [Member]	10,769	10,769	0	0
Other comprehensive income, net of tax \| Successor [Member]	0
Balance (Successor [Member]) at Jun. 30, 2012	$ 3,132,543	$ 3,133,122	$ 0	$ (579)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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+ Details

- Definition

This element represents Other Comprehensive Income or Loss, Net of Tax, for the period. Includes deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB
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+ Details

- Definition

The amount of ownership interest of different classes of partners in limited partnership.

+ References + Details

Description of the Business

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description of the Business

DESCRIPTION OF THE BUSINESS:

Panhandle is primarily engaged in the interstate transportation and storage of natural gas and also provides LNG terminalling and regasification services. The Company is subject to the rules and regulations of the FERC. The Company’s entities include the following:


•	PEPL, an indirect wholly-owned subsidiary of Southern Union Company, which is an indirect wholly-owned subsidiary of ETE;


•	Trunkline, a direct wholly-owned subsidiary of PEPL;


•	Sea Robin, an indirect wholly-owned subsidiary of PEPL;


•	LNG Holdings, an indirect wholly-owned subsidiary of PEPL;


•	Trunkline LNG, a direct wholly-owned subsidiary of LNG Holdings; and


•	Southwest Gas Storage, a direct wholly-owned subsidiary of PEPL.

The Company’s assets consist of interstate pipelines that transport natural gas from the Gulf of Mexico, South Texas and the panhandle regions of Texas and Oklahoma to major U.S. markets in the Midwest and Great Lakes region, as well as, owned underground storage capacity. The Company also owns and operates an LNG import terminal located on Louisiana’s Gulf Coast, as well as, above ground LNG storage capacity.

Southern Union Panhandle, LLC, an indirect wholly-owned subsidiary of Southern Union Company, serves as the general partner of PEPL and owns a 1% general partnership interest in PEPL. PEPL Holdings, LLC, an indirect wholly-owned subsidiary of Southern Union Company, owns a 99% limited partnership interest in PEPL.

See Note 3 – ETE Merger for information related to Southern Union’s merger with ETE on March 26, 2012.

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2012
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: There have been no changes in the Company’s accounting policies as disclosed in its Annual Report on Form 10-K for the year ended December 31, 2011, except as noted below. Business Combination Accounting Southern Union’s March 26, 2012 merger transaction with ETE was accounted for by ETE using business combination accounting. Under this method, the purchase price paid by the acquirer is allocated to the assets acquired and liabilities assumed as of the acquisition date based on their fair value. By the application of “push-down” accounting, PEPL’s assets, liabilities and partners' capital were accordingly adjusted to fair value on March 26, 2012. Determining the fair value of certain assets and liabilities assumed is judgmental in nature and often involves the use of significant estimates and assumptions. See Note 3 to our condensed consolidated financial statements for a discussion of the estimated fair values of assets and liabilities recorded in connection with the ETE Merger. Due to the application of “push-down” accounting, the Company’s financial statements and certain footnote disclosures are presented in two distinct periods to indicate the application of two different bases of accounting. Periods prior to March 26, 2012 are identified herein as “Predecessor,” while periods subsequent to the ETE Merger are identified as “Successor.”

ETE Merger and Pending Holdco Transaction

6 Months Ended

Jun. 30, 2012

Business Combinations [Abstract]

ETE Merger and Pending ETP Merger

ETE MERGER AND PENDING HOLDCO TRANSACTION:

Description of Merger

On March 26, 2012, Southern Union, ETE, and Sigma Acquisition Corporation, a wholly-owned subsidiary of ETE (Merger Sub), completed their previously announced merger transaction. Pursuant to the Second Amended and Restated Agreement and Plan of Merger, dated as of July 19, 2011, as amended by Amendment No. 1 thereto dated as of September 14, 2011 (as amended, the Merger Agreement), among Southern Union, ETE and Merger Sub, Merger Sub was merged with and into Southern Union, with Southern Union continuing as the surviving corporation as an indirect, wholly-owned subsidiary of ETE (the Merger). The Merger became effective on March 26, 2012 at 12:59 p.m., Eastern Time (the Effective Time).

In connection with, and immediately prior to the Effective Time of the Merger, CrossCountry Energy, LLC, an indirect wholly-owned subsidiary of Southern Union (CrossCountry Energy), ETP, Citrus ETP Acquisition, L.L.C. (ETP Merger Sub), Citrus ETP Finance LLC, ETE, PEPL Holdings, LLC, a newly created indirect wholly-owned subsidiary of Southern Union (PEPL Holdings), and Southern Union consummated the transactions contemplated by that certain Amended and Restated Agreement and Plan of Merger, dated as of July 19, 2011, as amended by Amendment No. 1 thereto dated as of September 14, 2011 and Amendment No. 2 thereto dated as of March 23, 2012 (as amended, the Citrus Merger Agreement) by and among ETP, ETP Merger Sub and Citrus ETP Finance LLC, on the one hand, and ETE, CrossCountry Energy, PEPL Holdings and Southern Union, on the other hand.

Immediately prior to the Effective Time, Southern Union, CrossCountry Energy and PEPL Holdings became parties to the Citrus Merger Agreement by joinder to, and Southern Union assumed the obligations and rights of ETE thereunder. Southern Union made certain customary representations, warranties, covenants and indemnities in the Citrus Merger Agreement. Pursuant to the Citrus Merger Agreement, ETP Merger Sub was merged with and into CrossCountry Energy (the Citrus Merger), with CrossCountry Energy continuing as the surviving entity in the Citrus Merger as a wholly-owned subsidiary of ETP and, as a result thereof, ETP, through its subsidiaries, indirectly owns 50% of the outstanding capital stock of Citrus Corp. (Citrus). As consideration for the Citrus Merger, Southern Union received from ETP $2.0 billion, consisting of $1.895 billion in cash and $105 million of common units representing limited partner interests in ETP.

Immediately prior to the Effective Time, $1.45 billion of the total cash consideration received in respect of the Citrus Merger was contributed to Merger Sub in exchange for an equity interest in Merger Sub. In connection with the Merger, at the Effective Time, such equity interest in Merger Sub held by CCE Holdings was cancelled and retired.

Pursuant to the Citrus Merger Agreement, immediately prior to the Effective Time, (i) Southern Union contributed its ownership interests in Panhandle Eastern Pipe Line Company, LP and Southern Union Panhandle, LLC (collectively, the Panhandle Interests) to PEPL Holdings (the Panhandle Contribution); and (ii) following the Panhandle Contribution, Southern Union entered into a contingent residual support agreement (the Support Agreement) with ETP and Citrus ETP Finance LLC, pursuant to which Southern Union agreed to provide contingent, residual support to Citrus ETP Finance LLC (on a non-recourse basis to Southern Union) with respect to Citrus ETP Finance LLC’s obligations to ETP to support the payment of $2.0 billion in principal amount of senior notes issued by ETP on January 17, 2012.

Expenses Related to the Merger

Merger-related expenses of $42.6 million include charges related to employment agreements with certain executives that provide for compensation when their employment was terminated and severance costs associated with administrative headcount reductions, as well as an allocation of such charges for Southern Union employees.

The Company also recognized a $10.5 million net gain due to the curtailment of certain other postretirement employee benefit plans. See Note 8 – Benefits for more information on the curtailment.

Allocation of Consideration Transferred

The Merger was accounted for using business combination accounting under applicable accounting principles. Business combination accounting requires, among other things, that assets acquired and liabilities assumed be recognized on the balance sheet at their fair values as of the acquisition date. The table below represents the amounts allocated to Panhandle’s tangible and intangible assets and liabilities as of March 26, 2012 based upon management’s estimate of their respective fair values. Certain amounts included in the preliminary purchase price allocation as of June 30, 2012 have been changed from amounts reflected as of March 31, 2012 based on management's review of valuation. Management is continuing to review the valuation and expects to be substantially complete with the purchase price allocation in the third quarter of 2012. The goodwill resulting from the Merger is primarily due to expected commercial and operational synergies and is not deductible for tax purposes.



Cash and cash equivalents	$	79
Other current assets	230,466
Property and equipment	4,097,840
Goodwill	938,438
Identified intangibles (1)	55,000
Other noncurrent assets	782,942
Long-term debt, including current portion	(1,780,268		)
Deferred income taxes	(777,861		)
Other liabilities	(425,151		)
Total fair value of partners' capital	$	3,121,485


⁽¹⁾	Identified intangibles will be amortized over a life of approximately 17.5 years and are included in Other non-current assets in the unaudited Condensed Consolidated Balance Sheet.

Pending Holdco Transaction

On June 15, 2012, ETE and ETP entered into a transaction agreement pursuant to which, immediately following the closing of ETP's acquisition of Sunoco, (i) ETE will contribute its interest in Southern Union into an ETP-controlled entity in exchange for a 60% equity interest in the new entity, ("Holdco") and (ii) ETP will contribute its interest in Sunoco to Holdco and will retain a 40% equity interest in Holdco. Pursuant to a stockholders agreement between ETE and ETP, ETP will control Holdco. Consequently, ETP expects to consolidate Holdco (including Sunoco and Southern Union) in its consolidated financial statements subsequent to consummation of the Holdco Transaction.

Related Party Transactions

6 Months Ended

Jun. 30, 2012

Related Party Transactions

RELATED PARTY TRANSACTIONS:

The following tables provide a summary of related party transactions for the periods presented:



	Successor		Predecessor
Related Party Transactions	Three months ended June 30, 2012		Three months ended June 30, 2011
Transportation and storage of natural gas (1)	$	2,102	$	663
Operation and maintenance:
Management and royalty fees	4,632		4,743
Other expenses (2)	5,970		8,626
Other income, net:
Interest income - Southern Union	565		384
Interest income - CrossCountry Citrus	—		1,760
Other	68		64



	Successor		Predecessor
Related Party Transactions	Period from Acquisition (March 26, 2012) to June 30, 2012		Period from January 1, 2012 to March 25, 2012		Six months ended June 30, 2011
Transportation and storage of natural gas (1)	$	2,167	$	938	$	1,671
Operation and maintenance:
Management and royalty fees	4,969		4,843		9,798
Other expenses (2)	44,885		8,994		16,969
Other income, net:
Interest income - Southern Union	573		612		771
Interest income - CrossCountry Citrus	—		1,592		3,542
Other	72		68		130


⁽¹⁾	Represents transportation and storage revenues with Missouri Gas Energy, a Southern Union division and ETC, a subsidiary of ETP (in the post-acquisition period).


⁽²⁾	Primarily includes allocations of corporate charges for Merger-related employee expenses from Southern Union, partially offset for expenses attributable to services provided by Panhandle on behalf of other affiliate companies.

Pursuant to a demand note with Southern Union Company under a cash management program, the Company loans excess cash, net of repayments, to Southern Union. The Company is credited with interest on the note at a one month LIBOR rate. Given the uncertainties regarding the timing of the Company’s cash flows, including financings, capital expenditures and operating cash flows, the Company has reported the note receivable as a non-current asset. The Company has access to the funds via the demand note and expects repayment to ultimately occur to primarily fund capital expenditures or debt retirements.

The interest rate under the note receivable with CrossCountry Citrus was based on the variable interest rate under the term loan facility due in 2012 plus a credit spread over LIBOR of 112.5 basis points. The note receivable was repaid on March 26, 2012.

The counterparty to the notes receivable is the parent of the Company, Southern Union, whose debt is rated BBB- by Fitch Ratings, Baa3 by Moody's Investor Services, Inc. and BBB- by Standard & Poor's.

The following table provides a summary of the related party balances included in the Condensed Consolidated Balance Sheets at the dates indicated:



	Successor		Predecessor
	June 30, 2012		December 31, 2011
Notes receivable — related parties:
Current — CrossCountry Citrus	$	—	$	342,386
Noncurrent — Southern Union	710,480		688,330
Accounts receivable — related parties (1)	4,604		6,319
Accounts payable — related parties:
Southern Union — income taxes (2)	32,639		33,148
Southern Union — other (3)	15,054		18,729
Other (4)	166		178
	$	47,859	$	52,055


⁽¹⁾	Primarily related to services provided for Citrus, MGE and other affiliates. The December 31, 2011 balance also includes interest income associated with the Note receivable – CrossCountry Citrus.


⁽²⁾	Related to income taxes payable to Southern Union per the tax sharing agreement to provide for taxes to be remitted upon the filing of the tax return.


⁽³⁾	Primarily related to payroll funding including Merger-related expenses, provided by Southern Union. The June 30, 2012 and December 31, 2011 amounts are net of insurance proceeds of nil and $2.2 million, respectively, owed by Southern Union to the Company.


⁽⁴⁾	Primarily related to various administrative and operating costs paid by other affiliate companies on behalf of the Company.

- Definition

The entire disclosure for related party transactions, including the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related parties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph k

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 3A
-Section 04
-Paragraph b

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 1-4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 1
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 850
-SubTopic 10
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-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

+ Details

Regulation and Rates	6 Months Ended
Regulation and Rates	Jun. 30, 2012
Regulation and Rates [Abstract]
Regulation and Rates	REGULATION AND RATES: In October 2011, Trunkline and Sea Robin jointly filed with FERC to transfer all of Trunkline's offshore facilities, and certain related onshore facilities, by abandonment and sale to Sea Robin to consolidate and streamline the ownership and operation of all regulated offshore assets under one entity and better position the offshore assets competitively. Several parties filed interventions and protests of this filing. On June 21, 2012, FERC issued an order granting Trunkline permission and approval to proceed with abandonment, subject to compliance with certain regulatory requirements. On July 31, 2012 Sea Robin and Trunkline made the necessary compliance filings with FERC. It is expected that the transfer of the offshore facilities to Sea Robin will be completed in the third quarter of this year. On July 26, 2012, Trunkline filed to abandon by sale to an affiliate underutilized loop piping facilities. This transfer is subject to FERC approval, and the Company expects several parties to intervene and participate in this filing. In November 2011, FERC commenced an audit of PEPL to evaluate its compliance with the Uniform System of Accounts as prescribed by FERC, annual and quarterly financial reporting to FERC, reservation charge crediting policy and record retention. The audit is related to the period from January 1, 2010 through December 31, 2011 and is estimated to take approximately one year to complete.

Comprehensive Income

6 Months Ended

Jun. 30, 2012

Statement of Income and Comprehensive Income [Abstract]

Comprehensive Income

COMPREHENSIVE INCOME:

The tables below set forth the tax amounts included in the respective components of Other comprehensive income for the periods presented:



	Successor		Predecessor
	Three months ended June 30, 2012		Three months ended June 30, 2011
Income taxes included in other comprehensive income:
Reclassification of unrealized loss on interest rate hedges into earnings	$	—	$	2,190
Change in fair value of interest rate hedges	—		(244		)
Reclassification of prior service credit relating to other postretirement benefits into earnings	—		(143		)
	$	—	$	1,803



	Successor		Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012		Period from January 1, 2012 to March 25, 2012		Six months ended June 30, 2011
Income taxes included in other comprehensive income:
Reclassification of unrealized loss on interest rate hedges into earnings	$	—	$	1,700	$	4,354
Change in fair value of interest rate hedges	—		—		(531		)
Reclassification of prior service credit relating to other postretirement benefits into earnings	—		14		(287		)
	$	—	$	1,714	$	3,536

The table below presents the components in Accumulated other comprehensive income (loss) as of the dates indicated:



	Successor		Predecessor
	June 30, 2012		December 31, 2011
Other postretirement plan - net actuarial loss and prior service costs, net	$	—	$	(12,781	)
Interest rate hedges, net	—		(3,395		)
Total Accumulated other comprehensive loss, net of tax	$	—	$	(16,176	)

- Definition

The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14-26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
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-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e681-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-Section 45
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-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e709-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e640-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e716-108580

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e689-108580

+ Details

Debt Obligations

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Debt Obligations

DEBT OBLIGATIONS:

The following table sets forth the debt obligations of the Company at the dates indicated:



	Successor		Predecessor
	June 30, 2012		December 31, 2011
6.05% Senior Notes due 2013	$	250,000	$	250,000
6.20% Senior Notes due 2017	300,000		300,000
8.125% Senior Notes due 2019	150,000		150,000
7.00% Senior Notes due 2029	66,305		66,305
7.00% Senior Notes due 2018	400,000		400,000
Term Loans due 2012	—		797,386
Term Loan due 2015	455,000		—
Net premiums on long-term debt	—		2,924
Unamortized fair value adjustments	150,688		—
Total debt outstanding	1,771,993		1,966,615
Current portion of long-term debt	—		(342,386		)
Total long-term debt	$	1,771,993	$	1,624,229
Total fair value of consolidated debt obligations	$	1,795,273	$	2,131,243

The fair value of the Company’s term loans as of June 30, 2012 and December 31, 2011 was determined using the market approach, which utilized Level 2 inputs consisting of reported recent loan transactions for parties of similar credit quality and remaining life, as there is no active secondary market for loans of that type and size.

The fair value of the Company’s other long-term debt as of June 30, 2012 and December 31, 2011 was also determined using the market approach, which utilized observable market data to corroborate the estimated credit spreads and prices for the Company’s non-bank long-term debt securities in the secondary market. Those valuations were based in part upon the reported trades of the Company’s non-bank long-term debt securities where available and the actual trades of debt securities of similar credit quality and remaining life where no secondary market trades were reported for the Company’s non-bank long-term debt securities.

Term Loans. On March 26, 2012, the Company retired the $465 million term loan due June 2012 ($342.4 million of which was outstanding) of its wholly-owned LNG Holdings subsidiary, utilizing a portion of the $455 million in merger consideration received in connection with the Citrus Merger.

In February 2012, the Company refinanced LNG Holdings’ $455 million term loan due March 2012 with an unsecured three-year term loan facility due February 2015, with LNG Holdings as borrower and PEPL and Trunkline LNG as guarantors and a floating interest rate tied to LIBOR plus a margin based on the rating of PEPL’s senior unsecured debt.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Benefits

6 Months Ended

Jun. 30, 2012

Postemployment Benefits [Abstract]

Benefits

BENEFITS:

Components of Net Periodic Benefit Cost

The following tables set forth the components of net periodic benefit cost of the Company’s postretirement benefit plan for the periods presented:



	Successor			Predecessor
	Three months ended June 30, 2012			Three months ended June 30, 2011
Service cost	$	—		$	638
Interest cost	215			950
Expected return on plan assets	(1,107		)	(950		)
Prior service credit amortization	—			(522		)
Net periodic benefit cost	$	(892	)	$	116



	Successor			Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012			Period from January 1, 2012 to March 25, 2012			Six months ended June 30, 2011
Service cost	$	—		$	624		$	1,275
Interest cost	233			836			1,900
Expected return on plan assets	(1,199		)	(918		)	(1,900		)
Prior service credit amortization	—			(472		)	(1,044		)
Actuarial loss amortization	—			298			—
Curtailment recognition (1)	(10,527		)	—			—
Net periodic benefit cost	$	(11,493	)	$	368		$	231

⁽¹⁾

Subsequent to the Merger, the Company amended certain of its other postretirement employee benefit plans to prospectively restrict participation in the plans for certain active employees. The plan amendments resulted in the plans becoming currently over-funded and, accordingly, the Company recorded a gross pre-tax curtailment gain of $69.8 million, $59.3 million of which is subject to refund to customers; thus, the net curtailment gain recognition was $10.5 million

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name FASB Staff Position (FSP)
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

+ Details

Taxes on Income

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Taxes on Income

TAXES ON INCOME:

The following tables summarize the Company’s income taxes for the periods presented:



	Successor			Predecessor
	Three months ended June 30, 2012			Three months ended June 30, 2011
Income tax expense	$	22,622		$	22,736
Effective tax rate	43		%	36		%



	Successor			Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012			Period from January 1, 2012 to March 25, 2012			Six months ended June 30, 2011
Income tax expense	$	15,214		$	24,941		$	43,437
Effective tax rate	59		%	38		%	34		%

The EITR for the successor period is higher than the combined federal and state income tax statutory rates primarily due to non deductible excess parachute payments resulting from Merger-related employee severance expenses.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
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-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

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-Name Accounting Standards Codification
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+ Details

Derivative Instruments and Hedging Activities

6 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES:

The Company is exposed to certain risks in its ongoing business operations. The primary risk managed by using derivative instruments is interest rate risk. Interest rate swaps and treasury rate locks are the principal derivative instruments used by the Company to manage interest rate risk associated with its long-term borrowings, although other interest rate derivative contracts may also be used from time to time. The Company recognizes all derivative assets and liabilities at fair value in the unaudited interim Condensed Consolidated Balance Sheet.

Interest Rate Contracts

The Company may enter into interest rate swaps to manage its exposure to changes in interest payments on long-term debt attributable to movements in market interest rates, and may enter into treasury rate locks to manage its exposure to changes in future interest payments attributable to changes in treasury rates prior to the issuance of new long-term debt instruments.

Interest Rate Swaps. The Company had outstanding pay-fixed interest rate swaps with a total notional amount of $455 million to hedge the LNG Holdings $455 million term loan, which was refinanced in February 2012. These interest rate swaps were accounted for as cash flow hedges, with the effective portion of changes in their fair value recorded in Accumulated other comprehensive income and reclassified into Interest expense in the same periods during which the related interest payments on long-term debt impacted earnings. These swaps terminated in the first quarter of 2012.

Treasury Rate Locks. As of June 30, 2012, the Company had no outstanding treasury rate locks. However, certain of its treasury rate locks that settled in prior periods were associated with interest payments on outstanding long-term debt. During the predecessor periods, these treasury rate locks were accounted for as cash flow hedges, with the effective portion of their settled value recorded in Accumulated other comprehensive income and reclassified into Interest expense in the same periods during which the related interest payments on long-term debt impact earnings.

The Company had no asset derivative instruments at June 30, 2012 and December 31, 2011. The following table summarizes the fair value amounts of the Company’s liability derivative instruments and their location reported in the unaudited interim Condensed Consolidated Balance Sheet at the dates indicated:



		Fair Value (1)
		Successor		Predecessor
	Balance Sheet Location	June 30, 2012		December 31, 2011
Cash Flow Hedges:
Interest rate contracts	Other current liabilities	$	—	$	4,148

The following tables summarize the location and amount (excluding income tax effects) of derivative instrument gains and losses reported in the Company’s unaudited interim condensed consolidated financial statements for the periods presented:



	Successor		Predecessor
	Three months ended June 30, 2012		Three months ended June 30, 2011
Cash Flow Hedges: ⁽¹⁾
Change in fair value - increase/(decrease) in Accumulated other comprehensive income	$	—	$	605
Reclassification of unrealized loss from Accumulated other comprehensive income - increase of Interest expense	—		5,450



	Successor		Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012		Period from January 1, 2012 to March 25, 2012		Six months ended June 30, 2011
Cash Flow Hedges: ⁽¹⁾
Change in fair value - increase/(decrease) in Accumulated other comprehensive income	$	—	$	—	$	1,320
Reclassification of unrealized loss from Accumulated other comprehensive income - increase of Interest expense	—		4,215		10,836


⁽¹⁾	See Note 6 – Comprehensive Income for additional related information.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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+ Details

Fair Value Measurement	6 Months Ended
Fair Value Measurement	Jun. 30, 2012
Fair Value Disclosures [Abstract]
Fair Value Measurement	FAIR VALUE MEASUREMENT: The Company did not have any assets or liabilities that are measured at fair value on a recurring basis at June 30, 2012. The Company did not have any Level 3 instruments measured at fair value using significant unobservable inputs at June 30, 2012 or December 31, 2011 and there were no transfers between levels. The approximate fair value of the Company’s cash and cash equivalents, accounts receivable and accounts payable is equal to book value, due to their short-term nature.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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+ Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies Disclosure

COMMITMENTS AND CONTINGENCIES:

Litigation and Other Claims

The Company is involved in legal, tax and regulatory proceedings before various courts, regulatory commissions and governmental agencies regarding matters arising in the ordinary course of business.

Will Price. Will Price, an individual, filed actions in the U.S. District Court for the District of Kansas for damages against a number of companies, including the Company, alleging mis-measurement of natural gas volumes and Btu content, resulting in lower royalties to mineral interest owners. On September 19, 2009, the Court denied plaintiffs’ request for class certification. Plaintiffs have filed a motion for reconsideration, which the Court denied on March 31, 2010. The Company believes that its measurement practices conformed to the terms of its FERC natural gas tariffs, which were filed with and approved by FERC. As a result, the Company believes that it has meritorious defenses to the Will Price lawsuit (including FERC-related affirmative defenses, such as the filed rate/tariff doctrine, the primary/exclusive jurisdiction of FERC, and the defense that the Company complied with the terms of its tariffs). In the event that Plaintiffs refuse Panhandle’s pending request for voluntary dismissal, Panhandle will continue to vigorously defend the case. The Company believes it has no liability associated with this proceeding.

Liabilities for Litigation and Other Claims

The Company records accrued liabilities for litigation and other claim costs when management believes a loss is probable and reasonably estimable. When management believes there is at least a reasonable possibility that a material loss or an additional material loss may have been incurred, the Company discloses (i) an estimate of the possible loss or range of loss in excess of the amount accrued; or (ii) a statement that such an estimate cannot be made. As of June 30, 2012 and December 31, 2011, the Company recorded litigation and other claim-related accrued liabilities of $0.8 million and $1.3 million, respectively. The Company does not have any material litigation or other claim contingency matters assessed as probable or reasonably possible that would require disclosure in the financial statements.

Environmental Matters

The Company’s operations are subject to federal, state and local laws, rules and regulations regarding water quality, hazardous and solid waste management, air quality control and other environmental matters. These laws, rules and regulations require the Company to conduct its operations in a specified manner and to obtain and comply with a wide variety of environmental registrations, licenses, permits, inspections and other approvals. Failure to comply with environmental laws, rules and regulations may expose the Company to significant fines, penalties and/or interruptions in operations. The Company’s environmental policies and procedures are designed to achieve compliance with such applicable laws and regulations. These evolving laws and regulations and claims for damages to property, employees, other persons and the environment resulting from current or past operations may result in significant expenditures and liabilities in the future. The Company engages in a process of updating and revising its procedures for the ongoing evaluation of its operations to identify potential environmental exposures and enhance compliance with regulatory requirements.

Environmental Remediation

The Company is responsible for environmental remediation at certain sites on its natural gas transmission systems for contamination resulting from the past use of lubricants containing PCBs in compressed air systems; the past use of paints containing PCBs; and the prior use of wastewater collection facilities and other on-site disposal areas. The Company has implemented a program to remediate such contamination. The primary remaining remediation activity on the Panhandle systems is associated with past use of paints containing PCBs or PCB impacts to equipment surfaces and to a building at one location. The PCB assessments are ongoing and the related estimated remediation costs are subject to further change.

Other remediation typically involves the management of contaminated soils and may involve remediation of groundwater. Activities vary with site conditions and locations, the extent and nature of the contamination, remedial requirements, complexity and sharing of responsibility. The ultimate liability and total costs associated with these sites will depend upon many factors. If remediation activities involve statutory joint and several liability provisions, strict liability, or cost recovery or contribution actions, the Company could potentially be held responsible for contamination caused by other parties. In some instances, the Company may share liability associated with contamination with other PRPs. The Company may also benefit from contractual indemnities that cover some or all of the cleanup costs. These sites are generally managed in the normal course of business or operations.

The Company’s environmental remediation activities are undertaken in cooperation with and under the oversight of appropriate regulatory agencies, enabling the Company under certain circumstances to take advantage of various voluntary cleanup programs in order to perform the remediation in the most effective and efficient manner.

Environmental Remediation Liabilities

The table below reflects the amount of accrued liabilities recorded in the Condensed Consolidated Balance Sheets at the dates indicated to cover environmental remediation actions where management believes a loss is probable and reasonably estimable. The Company does not have any material environmental remediation matters assessed as reasonably possible.



	Successor		Predecessor
	June 30, 2012		December 31, 2011
Current	$	1,665	$	2,848
Noncurrent	4,751		4,287
Total environmental liabilities	$	6,416	$	7,135

Other Commitments and Contingencies

Controlled Group Pension Liabilities. Southern Union Company (including certain of its divisions) sponsors a number of defined benefit pension plans for employees. Under applicable pension and tax laws, upon being acquired by Southern Union, the Company became a member of Southern Union Company’s “controlled group” with respect to those plans and, along with Southern Union Company and any other members of that group, is jointly and severally liable for any failure by Southern Union (along with any other persons that may be or become a sponsor of any such plan) to fund any of these pension plans or to pay any unfunded liabilities that these plans may have if they are ever terminated. In addition, if any of the obligations of any of these pension plans is not paid when due, a lien in favor of that plan or the Pension Benefit Guaranty Corporation may be created against the assets of each member of Southern Union Company’s controlled group, including the Company and each of its subsidiaries. Based on the latest actuarial information available, the aggregate amount of the projected benefit obligations of these pension plans was approximately $227.5 million and the estimated fair value of all of the assets of these plans was approximately $144 million.

Unclaimed Property Audits. The Company is subject to the laws and regulations of states and other jurisdictions concerning the identification, reporting and escheatment (the transfer of property to the state) of unclaimed or abandoned funds, and is subject to audit and examination for compliance with these requirements. The Company is currently being examined by a third party auditor on behalf of nine states for compliance with unclaimed property laws.

See Note 5 – Regulation and Rates for other potential contingent matters applicable to the Company.

Future Regulatory Compliance Commitments

Air Quality Control. On April 17, 2012 the EPA issued the Oil and Natural Gas Sector New Source Performance Standards and National Emission Standards for Hazardous Air Pollutants. The standards revise the new source performance standards for volatile organic compounds from leaking components at onshore natural gas processing plants and new source performance standards for sulfur dioxide emissions from natural gas processing plants. The EPA also established standards for certain oil and gas operations not covered by the existing standards. In addition to the operations covered by the existing standards, the newly established standards regulate volatile organic compound emissions from gas wells, centrifugal compressors, reciprocating compressors, pneumatic controllers and storage vessels. The Company is reviewing the new standards to determine the impact on its operations.

In August 2010, the EPA finalized a rule that requires reductions in a number of pollutants, including formaldehyde and carbon monoxide, for certain engines regardless of size at Area Sources (sources that emit less than 10 tons per year of any one Hazardous Air Pollutant (HAP) or 25 tons per year of all HAPs) and engines less than 500 horsepower at Major Sources (sources that emit ten tons per year or more of any one HAP or 25 tons per year of all HAPs). Compliance is required by October 2013. It is anticipated that the limits adopted in this rule will be used in a future EPA rule that is scheduled to be finalized in 2013, with compliance required in 2016. This future rule is expected to require reductions in formaldehyde and carbon monoxide emissions from engines greater than 500 horsepower at Major Sources.

Nitrogen oxides are the primary air pollutant from natural gas-fired engines. Nitrogen oxide emissions may form ozone in the atmosphere. In 2008, the EPA lowered the ozone standard to 75 ppb with compliance anticipated in 2013 to 2015. In January 2010, the EPA proposed lowering the standard to 60 to 70 ppb in lieu of the 75 ppb standard, with compliance required in 2014 or later. In September 2011, the EPA decided to rescind the proposed lower ozone standard and begin the process to implement the 75 ppb ozone standard established in 2008.

In January 2010, the EPA finalized a 100 ppb one-hour nitrogen dioxide standard. The rule requires the installation of new nitrogen dioxide monitors in urban communities and roadways by 2013. This new monitoring may result in additional nitrogen dioxide non-attainment areas. In addition, ambient air quality modeling may be required to demonstrate compliance with the new standard.

The Company is currently reviewing the potential impacts of the August 2010 Area Source National Emissions Standards for Hazardous Air Pollutants rule, implementation of the 2008 ozone standard and the new nitrogen dioxide standard on its operations and the potential costs associated with the installation of emission control systems on its existing engines. The ultimate costs associated with these activities cannot be estimated with any certainty at this time, but the Company believes, based on the current understanding of the current and proposed rules, such costs will not have a material adverse effect on its consolidated financial position, results of operations or cash flows.

The KDHE set certain contingency measures as part of the agency’s ozone maintenance plan for the Kansas City area. Previously, it was anticipated that these measures would be revised to conform to the requirements of the EPA ozone standard discussed above. KDHE recently indicated that the Kansas City area will be designated as attainment for the ozone standard in 2012, and will not be pursing any emissions reductions from the Company’s operations unless there are changes in the future regarding the status of the Kansas City area.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2012
Accounting Policies [Abstract]
Business Combination Accounting	Business Combination Accounting Southern Union’s March 26, 2012 merger transaction with ETE was accounted for by ETE using business combination accounting. Under this method, the purchase price paid by the acquirer is allocated to the assets acquired and liabilities assumed as of the acquisition date based on their fair value. By the application of “push-down” accounting, PEPL’s assets, liabilities and partners' capital were accordingly adjusted to fair value on March 26, 2012. Determining the fair value of certain assets and liabilities assumed is judgmental in nature and often involves the use of significant estimates and assumptions. See Note 3 to our condensed consolidated financial statements for a discussion of the estimated fair values of assets and liabilities recorded in connection with the ETE Merger. Due to the application of “push-down” accounting, the Company’s financial statements and certain footnote disclosures are presented in two distinct periods to indicate the application of two different bases of accounting. Periods prior to March 26, 2012 are identified herein as “Predecessor,” while periods subsequent to the ETE Merger are identified as “Successor.”

- Definition

Disclosure of accounting policy for completed business combinations (purchase method, acquisition method or combination of entities under common control). This accounting policy may include a general discussion of the purchase method or acquisition method of accounting (including for example, the treatment accorded contingent consideration, the identification of assets and liabilities, the purchase price allocation process, how the fair values of acquired assets and liabilities are determined) and the entity's specific application thereof. An entity that acquires another entity in a leveraged buyout transaction generally discloses the accounting policy followed by the acquiring entity in determining the basis used to value its interest in the acquired entity, and the rationale for that accounting policy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 9, 10, 11, 12, 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-Section SEC Observer Comments
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 7
-Subparagraph a, b, c, d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2303973

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 05
-Paragraph 4
-Subparagraph (a)-(d)
-URI http://asc.fasb.org/extlink&oid=6909625&loc=d3e227-128457

+ Details

ETE Merger and Pending Holdco Transaction (Tables)

6 Months Ended

Jun. 30, 2012

ETE Merger and Pending Holdco Transaction [Abstract]

Business acquisition

The table below represents the amounts allocated to Panhandle’s tangible and intangible assets and liabilities as of March 26, 2012 based upon management’s estimate of their respective fair values. Certain amounts included in the preliminary purchase price allocation as of June 30, 2012 have been changed from amounts reflected as of March 31, 2012 based on management's review of valuation. Management is continuing to review the valuation and expects to be substantially complete with the purchase price allocation in the third quarter of 2012. The goodwill resulting from the Merger is primarily due to expected commercial and operational synergies and is not deductible for tax purposes.



Cash and cash equivalents	$	79
Other current assets	230,466
Property and equipment	4,097,840
Goodwill	938,438
Identified intangibles (1)	55,000
Other noncurrent assets	782,942
Long-term debt, including current portion	(1,780,268		)
Deferred income taxes	(777,861		)
Other liabilities	(425,151		)
Total fair value of partners' capital	$	3,121,485


⁽¹⁾	Identified intangibles will be amortized over a life of approximately 17.5 years and are included in Other non-current assets in the unaudited Condensed Consolidated Balance Sheet.

Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2012

The following tables provide a summary of related party transactions for the periods presented:



	Successor		Predecessor
Related Party Transactions	Three months ended June 30, 2012		Three months ended June 30, 2011
Transportation and storage of natural gas (1)	$	2,102	$	663
Operation and maintenance:
Management and royalty fees	4,632		4,743
Other expenses (2)	5,970		8,626
Other income, net:
Interest income - Southern Union	565		384
Interest income - CrossCountry Citrus	—		1,760
Other	68		64



	Successor		Predecessor
Related Party Transactions	Period from Acquisition (March 26, 2012) to June 30, 2012		Period from January 1, 2012 to March 25, 2012		Six months ended June 30, 2011
Transportation and storage of natural gas (1)	$	2,167	$	938	$	1,671
Operation and maintenance:
Management and royalty fees	4,969		4,843		9,798
Other expenses (2)	44,885		8,994		16,969
Other income, net:
Interest income - Southern Union	573		612		771
Interest income - CrossCountry Citrus	—		1,592		3,542
Other	72		68		130


⁽¹⁾	Represents transportation and storage revenues with Missouri Gas Energy, a Southern Union division and ETC, a subsidiary of ETP (in the post-acquisition period).


⁽²⁾	Primarily includes allocations of corporate charges for Merger-related employee expenses from Southern Union, partially offset for expenses attributable to services provided by Panhandle on behalf of other affiliate companies.

Related Party Balance Sheet Balance

The following table provides a summary of the related party balances included in the Condensed Consolidated Balance Sheets at the dates indicated:



	Successor		Predecessor
	June 30, 2012		December 31, 2011
Notes receivable — related parties:
Current — CrossCountry Citrus	$	—	$	342,386
Noncurrent — Southern Union	710,480		688,330
Accounts receivable — related parties (1)	4,604		6,319
Accounts payable — related parties:
Southern Union — income taxes (2)	32,639		33,148
Southern Union — other (3)	15,054		18,729
Other (4)	166		178
	$	47,859	$	52,055


⁽¹⁾	Primarily related to services provided for Citrus, MGE and other affiliates. The December 31, 2011 balance also includes interest income associated with the Note receivable – CrossCountry Citrus.


⁽²⁾	Related to income taxes payable to Southern Union per the tax sharing agreement to provide for taxes to be remitted upon the filing of the tax return.


⁽³⁾	Primarily related to payroll funding including Merger-related expenses, provided by Southern Union. The June 30, 2012 and December 31, 2011 amounts are net of insurance proceeds of nil and $2.2 million, respectively, owed by Southern Union to the Company.


⁽⁴⁾	Primarily related to various administrative and operating costs paid by other affiliate companies on behalf of the Company.

Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2012

Statement of Income and Comprehensive Income [Abstract]

Schedule Of Comprehensive Income Loss Tax

The tables below set forth the tax amounts included in the respective components of Other comprehensive income for the periods presented:



	Successor		Predecessor
	Three months ended June 30, 2012		Three months ended June 30, 2011
Income taxes included in other comprehensive income:
Reclassification of unrealized loss on interest rate hedges into earnings	$	—	$	2,190
Change in fair value of interest rate hedges	—		(244		)
Reclassification of prior service credit relating to other postretirement benefits into earnings	—		(143		)
	$	—	$	1,803



	Successor		Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012		Period from January 1, 2012 to March 25, 2012		Six months ended June 30, 2011
Income taxes included in other comprehensive income:
Reclassification of unrealized loss on interest rate hedges into earnings	$	—	$	1,700	$	4,354
Change in fair value of interest rate hedges	—		—		(531		)
Reclassification of prior service credit relating to other postretirement benefits into earnings	—		14		(287		)
	$	—	$	1,714	$	3,536

Schedule of Accumulated Other Comprehensive Income (Loss)

The table below presents the components in Accumulated other comprehensive income (loss) as of the dates indicated:



	Successor		Predecessor
	June 30, 2012		December 31, 2011
Other postretirement plan - net actuarial loss and prior service costs, net	$	—	$	(12,781	)
Interest rate hedges, net	—		(3,395		)
Total Accumulated other comprehensive loss, net of tax	$	—	$	(16,176	)

Debt Obligations (Tables)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Schedule Of Debt Instruments

The following table sets forth the debt obligations of the Company at the dates indicated:



	Successor		Predecessor
	June 30, 2012		December 31, 2011
6.05% Senior Notes due 2013	$	250,000	$	250,000
6.20% Senior Notes due 2017	300,000		300,000
8.125% Senior Notes due 2019	150,000		150,000
7.00% Senior Notes due 2029	66,305		66,305
7.00% Senior Notes due 2018	400,000		400,000
Term Loans due 2012	—		797,386
Term Loan due 2015	455,000		—
Net premiums on long-term debt	—		2,924
Unamortized fair value adjustments	150,688		—
Total debt outstanding	1,771,993		1,966,615
Current portion of long-term debt	—		(342,386		)
Total long-term debt	$	1,771,993	$	1,624,229
Total fair value of consolidated debt obligations	$	1,795,273	$	2,131,243

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

+ Details

Benefits (Tables)

6 Months Ended

Jun. 30, 2012

Postemployment Benefits [Abstract]

Schedule Of Net Benefit Costs Table

The following tables set forth the components of net periodic benefit cost of the Company’s postretirement benefit plan for the periods presented:



	Successor			Predecessor
	Three months ended June 30, 2012			Three months ended June 30, 2011
Service cost	$	—		$	638
Interest cost	215			950
Expected return on plan assets	(1,107		)	(950		)
Prior service credit amortization	—			(522		)
Net periodic benefit cost	$	(892	)	$	116



	Successor			Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012			Period from January 1, 2012 to March 25, 2012			Six months ended June 30, 2011
Service cost	$	—		$	624		$	1,275
Interest cost	233			836			1,900
Expected return on plan assets	(1,199		)	(918		)	(1,900		)
Prior service credit amortization	—			(472		)	(1,044		)
Actuarial loss amortization	—			298			—
Curtailment recognition (1)	(10,527		)	—			—
Net periodic benefit cost	$	(11,493	)	$	368		$	231

⁽¹⁾

Taxes on Income (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense (Benefit) and Effective Income Tax Rate

The following tables summarize the Company’s income taxes for the periods presented:



	Successor			Predecessor
	Three months ended June 30, 2012			Three months ended June 30, 2011
Income tax expense	$	22,622		$	22,736
Effective tax rate	43		%	36		%



	Successor			Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012			Period from January 1, 2012 to March 25, 2012			Six months ended June 30, 2011
Income tax expense	$	15,214		$	24,941		$	43,437
Effective tax rate	59		%	38		%	34		%

Derivative Instrument and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table summarizes the fair value amounts of the Company’s liability derivative instruments and their location reported in the unaudited interim Condensed Consolidated Balance Sheet at the dates indicated:



		Fair Value (1)
		Successor		Predecessor
	Balance Sheet Location	June 30, 2012		December 31, 2011
Cash Flow Hedges:
Interest rate contracts	Other current liabilities	$	—	$	4,148

Derivatives Effect On Income Table



	Successor		Predecessor
	Three months ended June 30, 2012		Three months ended June 30, 2011
Cash Flow Hedges: ⁽¹⁾
Change in fair value - increase/(decrease) in Accumulated other comprehensive income	$	—	$	605
Reclassification of unrealized loss from Accumulated other comprehensive income - increase of Interest expense	—		5,450



	Successor		Predecessor
	Period from Acquisition (March 26, 2012) to June 30, 2012		Period from January 1, 2012 to March 25, 2012		Six months ended June 30, 2011
Cash Flow Hedges: ⁽¹⁾
Change in fair value - increase/(decrease) in Accumulated other comprehensive income	$	—	$	—	$	1,320
Reclassification of unrealized loss from Accumulated other comprehensive income - increase of Interest expense	—		4,215		10,836


⁽¹⁾	See Note 6 – Comprehensive Income for additional related information.

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies [Abstract]

Environmental Liabilities Table



	Successor		Predecessor
	June 30, 2012		December 31, 2011
Current	$	1,665	$	2,848
Noncurrent	4,751		4,287
Total environmental liabilities	$	6,416	$	7,135

Description of the Business (Details)	6 Months Ended
Description of the Business (Details)	Jun. 30, 2012
General partnership [Member]
Description of the Business [Line Items]
Ownership interest	1.00%
Limited partnership [Member]
Description of the Business [Line Items]
Ownership interest	99.00%

ETE Merger and Pending Holdco Transaction (Narrative) (Details) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2012 USD ($)	Jun. 30, 2012 USD ($) years	Jun. 15, 2012	Mar. 25, 2012 USD ($)
Merger related expenses		$ 42.6
Net gain due to curtailment of postretirement employee benefit plans		$ 10.5
Intangible asset, estimated useful life \| years		17.5
Citrus [Member]
Percentage owned by equity investment		50.00%
Total merger amount				$ 2,000.0
Merger amount, in cash				$ 1,895.0
Merger amount, in common units	$ 105.0
Maximum contribution equity interest merger	$ 1,450.0
ETE [Member] \| Holdco [Member]
Pending post merger equity investment by affiliate			60.00%
ETP [Member] \| Holdco [Member]
Pending post merger equity investment by affiliate			40.00%

ETE Merger and Pending Holdco Transaction (Details)
$ in Thousands

Mar. 25, 2012

USD ($)

ETE Merger and Pending Holdco Transacation [Abstract]

Cash and cash equivalents

$ 79

Other current assets

230,466

Property and equipment

4,097,840

Goodwill

938,438

Identified intangibles

55,000

^[1]

Other noncurrent assets

782,942

Long-term debt, including current portion

1,780,268

Deferred income taxes

(777,861)

Other liabilities

425,151

Total fair value of partners' capital

$ 3,121,485

[1]	Identified intangibles will be amortized over a life of approximately 17.5 years and are included in Other non-current assets in the unaudited Condensed Consolidated Balance Sheet.

Related Party (Narrative) (Details)	Mar. 25, 2012
Related Party Transactions Phantoms [Abstract]
Debt Instrument, Basis Spread on Variable Rate	1.125%

Related Party Transactions 1 (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2012

Mar. 25, 2012

Jun. 30, 2011

Successor [Member]

Other income, net:

Interest income

$ 565

$ 573

Other

109

113

Successor [Member] | Southern Union [Member]

Transportation and storage of natural gas

^[1]

2,102

2,167

Other income, net:

Interest income

565

573

Successor [Member] | Affiliated Entity [Member]

Operation and maintenance:

Management and royalty fees

4,632

4,969

Other expenses

^[2]

5,970

44,885

Other income, net:

Other

Successor [Member] | CrossCountry Citrus [Member]

Other income, net:

Interest income

$ 0

Predecessor [Member]

Other income, net:

Interest income

$ 2,204

$ 2,144

$ 4,313

Other

148

Predecessor [Member] | Southern Union [Member]

Transportation and storage of natural gas

^[1]

938

663

1,671

Other income, net:

Interest income

612

384

771

Predecessor [Member] | Affiliated Entity [Member]

Operation and maintenance:

Management and royalty fees

4,843

4,743

9,798

Other expenses

^[2]

8,994

8,626

16,969

Other income, net:

Other

130

Predecessor [Member] | CrossCountry Citrus [Member]

Other income, net:

Interest income

$ 1,592

$ 1,760

$ 3,542

[1]	Represents transportation and storage revenues with Missouri Gas Energy, a Southern Union division and ETC, a subsidiary of ETP (in the post-acquisition period).
[2]	Primarily includes allocations of corporate charges for Merger-related employee expenses from Southern Union, partially offset for expenses attributable to services provided by Panhandle on behalf of other affiliate companies.

Related Party Transactions 2 (Details) - USD ($)
$ in Thousands

6 Months Ended

12 Months Ended

Jun. 30, 2012

Dec. 31, 2011

Successor [Member]

Note receivable - related party

$ 0

Notes Receivable, Related Parties, Noncurrent

710,480

Accounts receivable - related parties

^[1]

4,604

Accounts payable - related parties

47,859

Successor [Member] | CrossCountry Citrus [Member]

Note receivable - related party

Successor [Member] | Southern Union [Member]

Notes Receivable, Related Parties, Noncurrent

710,480

Successor [Member] | Southern Union [Member] | Income taxes payable [Member]

Accounts payable - related parties

^[2]

32,639

Successor [Member] | Southern Union [Member] | Other accounts payable [Member]

Accounts payable - related parties

^[3]

15,054

Insurance Proceeds, Related Parties

^[3]

Successor [Member] | Other Related Parties [Member] | Other accounts payable [Member]

Accounts payable - related parties

^[4]

$ 166

Predecessor [Member]

Note receivable - related party

$ 342,386

Notes Receivable, Related Parties, Noncurrent

688,330

Accounts receivable - related parties

^[1]

6,319

Accounts payable - related parties

52,055

Predecessor [Member] | CrossCountry Citrus [Member]

Note receivable - related party

342,386

Predecessor [Member] | Southern Union [Member]

Notes Receivable, Related Parties, Noncurrent

688,330

Predecessor [Member] | Southern Union [Member] | Income taxes payable [Member]

Accounts payable - related parties

^[2]

33,148

Predecessor [Member] | Southern Union [Member] | Other accounts payable [Member]

Accounts payable - related parties

^[3]

18,729

Insurance Proceeds, Related Parties

^[3]

2,200

Predecessor [Member] | Other Related Parties [Member] | Other accounts payable [Member]

Accounts payable - related parties

^[4]

$ 178

[1]	Primarily related to services provided for Citrus, MGE and other affiliates. The December 31, 2011 balance also includes interest income associated with the Note receivable – CrossCountry Citrus.
[2]	Related to income taxes payable to Southern Union per the tax sharing agreement to provide for taxes to be remitted upon the filing of the tax return.
[3]	Primarily related to payroll funding including Merger-related expenses, provided by Southern Union. The June 30, 2012 and December 31, 2011 amounts are net of insurance proceeds of nil and $2.2 million, respectively, owed by Southern Union to the Company.
[4]	Primarily related to various administrative and operating costs paid by other affiliate companies on behalf of the Company.

Comprehensive Income (Loss) 1 (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Mar. 25, 2012	Jun. 30, 2011	Jun. 30, 2012
Successor [Member]
Income taxes included in other comprehensive income:
Reclassification of unrealized loss on interest rate hedges into earnings	$ 0	$ 0
Change in fair value of interest rate hedges	0	0
Reclassification of prior service credit relating to other postretirement benefits into earnings	0	0
Income tax benefit included in other comprehensive income	$ 0	$ 0
Predecessor [Member]
Income taxes included in other comprehensive income:
Reclassification of unrealized loss on interest rate hedges into earnings			$ 1,700	$ 2,190	$ 4,354
Change in fair value of interest rate hedges			0	(244)	(531)
Reclassification of prior service credit relating to other postretirement benefits into earnings			14	(143)	(287)
Income tax benefit included in other comprehensive income			$ 1,714	$ 1,803	$ 3,536

- Definition

For each annual statement of income presented, the tax effect of the net gain (loss) recognized in other comprehensive income that is a reclassification adjustment of other comprehensive income as a result of being recognized as a component of net periodic benefit cost for the period.

+ References + Details

Comprehensive Income (Loss) 2 (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Successor [Member]
Comprehensive Income Loss [Line Items]
Other postretirement plan - net actuarial loss and prior service costs, net	$ 0
Interest rate hedges, net	0
Total Accumulated other comprehensive loss, net of tax	$ 0
Predecessor [Member]
Comprehensive Income Loss [Line Items]
Other postretirement plan - net actuarial loss and prior service costs, net		$ (12,781)
Interest rate hedges, net		(3,395)
Total Accumulated other comprehensive loss, net of tax		$ (16,176)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e681-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Debt Obligations 2 Narrative (Details) - USD ($) $ in Millions	Mar. 25, 2012	Feb. 29, 2012
Debt Instrument [Line Items]
Long term debt, face amount		$ 455.0
Term Loan Due June 2012 [Member]
Debt Instrument [Line Items]
Long term debt, face amount	$ 465.0
Long term debt, amount outstanding	$ 342.4
Term Loan Due March 2012 [Member]
Debt Instrument [Line Items]
Long term debt, face amount		$ 455.0

Debt Obligations 1 (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Senior Notes due 2013 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.05%
Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.20%
Senior Notes due 2019 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.125%
Senior Notes Due 2029 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	7.00%
Senior Notes due 2018 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	7.00%
Successor [Member]
Debt Instrument [Line Items]
Net premiums on long-term debt	$ 0
Unamortized fair value adjustments	150,688
Total debt outstanding	1,771,993
Current portion of long-term debt	0
Total long-term debt	1,771,993
Total fair value of consolidated debt obligations	1,795,273
Successor [Member] \| Senior Notes [Member] \| Senior Notes due 2013 [Member]
Debt Instrument [Line Items]
Senior Notes	250,000
Successor [Member] \| Senior Notes [Member] \| Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes	300,000
Successor [Member] \| Senior Notes [Member] \| Senior Notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes	150,000
Successor [Member] \| Senior Notes [Member] \| Senior Notes Due 2029 [Member]
Debt Instrument [Line Items]
Senior Notes	66,305
Successor [Member] \| Senior Notes [Member] \| Senior Notes due 2018 [Member]
Debt Instrument [Line Items]
Senior Notes	400,000
Successor [Member] \| Term Loan [Member] \| Term Loan 2012 [Member]
Debt Instrument [Line Items]
Term Loans	0
Successor [Member] \| Term Loan [Member] \| Term Loan 2015 [Member]
Debt Instrument [Line Items]
Term Loans	$ 455,000
Predecessor [Member]
Debt Instrument [Line Items]
Net premiums on long-term debt		$ 2,924
Unamortized fair value adjustments		0
Total debt outstanding		1,966,615
Current portion of long-term debt		(342,386)
Total long-term debt		1,624,229
Total fair value of consolidated debt obligations		2,131,243
Predecessor [Member] \| Senior Notes [Member] \| Senior Notes due 2013 [Member]
Debt Instrument [Line Items]
Senior Notes		250,000
Predecessor [Member] \| Senior Notes [Member] \| Senior Notes due 2017 [Member]
Debt Instrument [Line Items]
Senior Notes		300,000
Predecessor [Member] \| Senior Notes [Member] \| Senior Notes due 2019 [Member]
Debt Instrument [Line Items]
Senior Notes		150,000
Predecessor [Member] \| Senior Notes [Member] \| Senior Notes Due 2029 [Member]
Debt Instrument [Line Items]
Senior Notes		66,305
Predecessor [Member] \| Senior Notes [Member] \| Senior Notes due 2018 [Member]
Debt Instrument [Line Items]
Senior Notes		400,000
Predecessor [Member] \| Term Loan [Member] \| Term Loan 2012 [Member]
Debt Instrument [Line Items]
Term Loans		797,386
Predecessor [Member] \| Term Loan [Member] \| Term Loan 2015 [Member]
Debt Instrument [Line Items]
Term Loans		$ 0

Benefits 1 (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2012

Mar. 25, 2012

Jun. 30, 2011

Jun. 30, 2012

Jun. 30, 2011

Defined Benefit Plan Disclosure [Line Items]

Curtailment recognition

$ 10,500

Successor [Member]

Defined Benefit Plan Disclosure [Line Items]

Service cost

$ 0

Interest cost

215

233

Expected return on plan assets

(1,107)

(1,199)

Prior service credit amortization

Actuarial loss amortization

Curtailment recognition

^[1]

(10,527)

Net periodic benefit cost

$ (892)

$ (11,493)

Predecessor [Member]

Defined Benefit Plan Disclosure [Line Items]

Service cost

$ 624

$ 638

$ 1,275

Interest cost

836

950

1,900

Expected return on plan assets

(918)

(950)

(1,900)

Prior service credit amortization

(472)

(522)

(1,044)

Actuarial loss amortization

298

Curtailment recognition

^[1]

Net periodic benefit cost

$ 368

$ 116

$ 231

[1]

Benefits 2 Narrative (Details) $ in Millions	6 Months Ended
Benefits 2 Narrative (Details) $ in Millions	Jun. 30, 2012 USD ($)
Defined Benefit Plan, Settlements and Curtailments [Abstract]
Pretax curtailment gain	$ 69.8
Noncurrent refund liability	59.3
Curtailment recognition	$ 10.5

- Definition

The amount of decrease that is related to an event that significantly reduces the expected years of future service of present employees or eliminates for a significant number of employees the accrual of defined benefits for some or all of their future services.

+ References

+ Details

Taxes on Income (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
Taxes on Income (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Jun. 30, 2012	Mar. 25, 2012	Jun. 30, 2011	Jun. 30, 2011
Successor [Member]
Income Tax Disclosure [Line Items]
Income tax expense (benefit)	$ 22,622	$ 15,214
Effective tax rate	43.00%	59.00%
Predecessor [Member]
Income Tax Disclosure [Line Items]
Income tax expense (benefit)			$ 24,941	$ 22,736	$ 43,437
Effective tax rate			38.00%	36.00%	34.00%

Derivative Insturments and Hedging (Narrative) (Details) $ in Millions	Feb. 29, 2012 USD ($)
Derivative [Line Items]
Interest rate swaps, notional amount	$ 455
Long term debt, face amount	$ 455

Derivative Instruments and Hedging Assets / Liabilities (Details) - Other Current Liabilities [Member] - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Successor [Member]
Derivatives, Fair Value [Line Items]
Cash Flow Hedges: Interest rate contracts	$ 0
Predecessor [Member]
Derivatives, Fair Value [Line Items]
Cash Flow Hedges: Interest rate contracts		$ 4,148

Derivative Instrument and Hedging Activities (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2012

^[1]

Mar. 25, 2012

^[1]

Jun. 30, 2011

^[1]

Successor [Member]

Derivative [Line Items]

Change in fair value - increase (decreae) in Accumulated other comprehensive income

$ 0

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

$ 0

Predecessor [Member]

Derivative [Line Items]

Change in fair value - increase (decreae) in Accumulated other comprehensive income

$ 0

$ 605

$ 1,320

Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net

$ 4,215

$ 5,450

$ 10,836

[1]	See Note 6 – Comprehensive Income for additional related information.

- Definition

Change in accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges, net of tax effect. The after tax effect change includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 121
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6935481&loc=SL5624171-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Commitment and Contingenices (Narrative) (Details) - USD ($) $ in Millions	Jun. 30, 2012	Mar. 25, 2012	Dec. 31, 2011
Loss Contingencies [Line Items]
Estimated litigation liability	$ 0.8		$ 1.3
Aggregate amount of projected benefit obligations of pension plans		$ 227.5
Estimated fair value of all assets of pension plans		$ 144.0

- Definition

1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date.

+ References

+ Details

- Definition

Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets.

+ References + Details

Commitments and Contingencies - Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Successor [Member]
Loss Contingencies [Line Items]
Current	$ 1,665
Noncurrent	4,751
Total environmental liabilities	$ 6,416
Predecessor [Member]
Loss Contingencies [Line Items]
Current		$ 2,848
Noncurrent		4,287
Total environmental liabilities		$ 7,135

- Definition

Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable in twelve months or in the next operating cycle if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 96-1
-Paragraph 161, 163
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13207-110859

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6911-107765

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 10
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13237-110859

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details