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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 111,082 $ 421,585 $ 106,202
Adjustments to reconcile net income to net cash provided by operating activities -      
Depreciation and amortization 222,196 150,140 90,908
Gain on basis step up on historical interest 0 (332,380) 0
Amortization and write-off of debt issuance costs and premium 10,138 10,881 4,785
Amortization of unearned income and initial direct costs on direct financing leases (14,395) (14,979) (15,706)
Payments received under direct financing leases 20,672 20,664 21,235
Equity in earnings of investments in equity investees (47,944) (54,450) (43,135)
Cash distributions of earnings of equity investees 65,867 71,823 57,165
Non-cash effect of equity-based compensation plans 6,558 5,014 4,494
Deferred and other tax benefits 2,142 2,960 1,745
Unrealized (gains) losses on derivative transactions 1,287 (1,009) (17,984)
Other, net 11,385 3,915 3,391
Net changes in components of operating assets and liabilities, net of acquisitions (90,650) 5,372 77,954
Net cash provided by operating activities 298,338 289,536 291,054
CASH FLOWS FROM INVESTING ACTIVITIES:      
Payments to acquire fixed and intangible assets (463,100) (495,774) (443,482)
Cash distributions received from equity investees—return of investment 21,353 25,645 18,363
Investments in equity investees 0 (3,045) (40,926)
Acquisitions (25,394) (1,520,299) (157,000)
Contributions in aid of construction costs 13,374 3,179 0
Proceeds from asset sales and discontinued operations 3,609 2,811 272
Other, net (151) (1,976) (1,214)
Net cash used in investing activities (450,309) (1,989,459) (623,987)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on senior secured credit facility 1,115,800 1,525,050 1,839,900
Repayments on senior secured credit facility (952,600) (960,450) (1,872,300)
Proceeds from issuance of senior unsecured notes, including discount 0 1,139,718 350,000
Repayment of senior unsecured notes 0 (350,000) 0
Debt issuance costs (1,578) (28,901) (11,896)
Issuance of common units for cash, net 298,020 633,759 225,725
Contributions (distributions) from (to) noncontrolling interests 236 (960) 0
Distributions to common unitholders (310,039) (256,389) (200,461)
Other, net (1,734) (471) 2,561
Net cash provided by financing activities 148,105 1,701,356 333,529
Net increase (decrease) in cash and cash equivalents (3,866) 1,433 596
Cash and cash equivalents at beginning of period 10,895 9,462 8,866
Cash and cash equivalents at end of period $ 7,029 $ 10,895 $ 9,462