• | 45% interest in Atlantic Methanol Production Company, LLC (AMPCO), which owns and operates a methanol plant and related facilities in Equatorial Guinea; |
• | 28% interest in Alba Plant LLC (Alba Plant), which owns and operates a liquefied petroleum gas processing plant in Equatorial Guinea; and |
• | 50% interest in CONE Gathering LLC (CONE), which owns and operates natural gas gathering facilities servicing our joint venture properties in the Marcellus Shale. |
December 31, | ||||||||
(millions) | 2013 | 2012 | ||||||
Equity Method Investments | ||||||||
AMPCO | $ | 139 | $ | 137 | ||||
Alba Plant | 95 | 93 | ||||||
CONE | 184 | 121 | ||||||
Other | 19 | 16 | ||||||
Total Equity Method Investments | $ | 437 | $ | 367 |
December 31, | ||||||||
(millions) | 2013 | 2012 | ||||||
Balance Sheet Information | ||||||||
Current Assets | $ | 463 | $ | 384 | ||||
Noncurrent Assets | 983 | 902 | ||||||
Current Liabilities | 373 | 348 | ||||||
Noncurrent Liabilities | 29 | 24 |
Year Ended December 31, | ||||||||||||
(millions) | 2013 | 2012 | 2011 | |||||||||
Statements of Operations Information | ||||||||||||
Operating Revenues | $ | 1,256 | $ | 1,173 | $ | 1,139 | ||||||
Operating Expenses | 388 | 361 | 335 | |||||||||
Operating Income | 868 | 812 | 804 | |||||||||
Other (Income) Net | (14 | ) | (5 | ) | (12 | ) | ||||||
Income Before Income Taxes | 882 | 817 | 816 | |||||||||
Income Tax Provision | 212 | 200 | 201 | |||||||||
Net Income | $ | 670 | $ | 617 | $ | 615 |