Cash And Cash Equivalents

9 Months Ended

Sep. 30, 2011

Cash and Cash Equivalents [Abstract]

Cash And Cash Equivalents

CASH AND CASH EQUIVALENTS:

Cash and cash equivalents include all cash on hand, demand deposits, and investments with original maturities of three months or less. We consider cash equivalents to include short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

We place our cash deposits and temporary cash investments with high credit quality financial institutions. At times, our cash and cash equivalents may be uninsured or in deposit accounts that exceed the Federal Deposit Insurance Corporation insurance limit.

The net change in operating assets and liabilities (net of effects of acquisitions) included in cash flows from operating activities is comprised as follows:

	Nine Months Ended September 30,
	2011			2010
Accounts receivable	$	28,318		$	166,064
Accounts receivable from related companies	(22,917		)	11,596
Inventories	67,716			113,568
Exchanges receivable	6,300			4,663
Other current assets	(25,956		)	26,796
Other non-current assets, net	7,061			4,560
Accounts payable	(11,333		)	(86,291		)
Accounts payable to related companies	(804		)	(7,253		)
Exchanges payable	231			(8,003		)
Accrued and other current liabilities	78,997			58,925
Other non-current liabilities	1,298			(600		)
Price risk management assets and liabilities, net	66,136			60,629
Net change in operating assets and liabilities, net of effects of acquisitions	$	195,047		$	344,654

Non-cash investing and financing activities are as follows:

	Nine Months Ended September 30,
	2011		2010
NON-CASH INVESTING ACTIVITIES:
Accrued capital expenditures	$	128,874	$	55,013
Transfer of MEP joint venture interest in exchange for redemption of Common Units	$	—	$	588,741
NON-CASH FINANCING ACTIVITIES:
Issuance of common units in connection with acquisition of propane assets	$	3,000	$	—
Long-term debt assumed and non-compete agreement notes payable issued in acquisitions	$	4,166	$	618