Columbia Pipeline Partners LP - 10-Q filing on 2015-08-03

Transactions With Affiliates (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Transactions With Affiliates

Statement of Operations.



	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2015		2014		2015		2014
			Predecessor				Predecessor
Transportation revenues	$	18.4	$	18.9	$	47.1	$	47.5
Storage revenues	12.9		13.2		26.2		26.9
Other revenues	0.1		0.1		0.2		0.2
Operation and maintenance expense	38.6		29.5		74.7		57.8
Interest expense	6.3		12.6		17.7		24.7
Interest income	2.3		0.1		3.3		0.2

Balance Sheet.



(in millions)	June 30, 2015		December 31, 2014
			Predecessor
Accounts receivable	$	656.7	$	153.8
Current portion of long-term debt	—		115.9
Short-term borrowings	67.1		247.3
Accounts payable	41.5		49.9
Long-term debt	630.9		1,472.8



Origination Date	Interest Rate		Maturity Date	June 30, 2015		December 31, 2014
(in millions)						Predecessor
November 28, 2005⁽¹⁾	5.41	%	November 30, 2015	$	—	$	115.9
November 28, 2005	5.45	%	November 28, 2016	—		45.3
November 28, 2005	5.92	%	November 28, 2025	—		133.5
November 28, 2012	4.63	%	November 28, 2032	—		45.0
November 28, 2012	4.94	%	November 30, 2037	—		95.0
December 19, 2012	5.16	%	December 21, 2037	—		55.0
November 28, 2012	5.26	%	November 28, 2042	—		170.0
December 19, 2012	5.49	%	December 18, 2042	—		95.0
December 9, 2013⁽²⁾	4.75	%	December 31, 2016	630.9		834.0
Total Long-term Debt				$	630.9	$	1,588.7

⁽¹⁾ The debt balance for the note originating on November 28, 2005 and maturing on November 30, 2015 is included in "Current portion of long-term debt-affiliated" on the Condensed Combined Balance Sheet as of December 31, 2014.

⁽²⁾ The Partnership may borrow at any time from the origination date to the maturity date not to exceed $2.6 billion. The note carries a variable interest rate of prime plus 150 basis points. All funds borrowed on the note are due December 31, 2016.