Item 8.01. Other Events.

Magellan Midstream Partners, L.P. ("MMP") is hereby filing as Exhibit 99.1 hereto, updated consolidated balance sheets as of December 31, 2008 and 2007, and the related consolidated statements of income, partners' capital and cash flows for each of the three years in the period ended December 31, 2008, to reflect the retrospective application of the provisions of Emerging Issues Task Force Issue No. 07-4, Application of the Two-Class Method under FASB Statement No. 128 to Master Limited Partnerships. MMP is also hereby filing as Exhibit 99.2 hereto, an updated consolidated balance sheet of Magellan GP, LLC as of December 31, 2008 as well as a consolidated balance sheet for Magellan GP, LLC as of March 31, 2009. The updated balance sheet as of December 31, 2008 reflects the retrospective application of the provisions of Financial Accounting Standards Board Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements.

Item 9.01. Financial Statements and Exhibits

Exhibit 23.1 Consent of Independent Registered Public Accounting Firm. Exhibit 99.1 Consolidated Financial Statements of MMP. Exhibit 99.2 Magellan GP, LLC consolidated balance sheets as of December 31, 2008 and March 31, 2009 and notes thereto.

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