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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2020
Intangible Assets and Goodwill [Abstract]  
Intangible Assets by Segment The following table summarizes our intangible assets by business segment at the dates indicated:

 
 
March 31, 2020
   
December 31, 2019
 
 
 
Gross
Value
   
Accumulated
Amortization
   
Carrying
Value
   
Gross
Value
   
Accumulated
Amortization
   
Carrying
Value
 
NGL Pipelines & Services:
                                   
Customer relationship intangibles
 
$
447.8
   
$
(210.0
)
 
$
237.8
   
$
447.8
   
$
(206.3
)
 
$
241.5
 
Contract-based intangibles
   
162.6
     
(46.7
)
   
115.9
     
162.6
     
(43.9
)
   
118.7
 
Segment total
   
610.4
     
(256.7
)
   
353.7
     
610.4
     
(250.2
)
   
360.2
 
Crude Oil Pipelines & Services:
                                               
Customer relationship intangibles
   
2,203.5
     
(260.1
)
   
1,943.4
     
2,203.5
     
(243.5
)
   
1,960.0
 
Contract-based intangibles
   
276.9
     
(239.3
)
   
37.6
     
276.9
     
(235.0
)
   
41.9
 
Segment total
   
2,480.4
     
(499.4
)
   
1,981.0
     
2,480.4
     
(478.5
)
   
2,001.9
 
Natural Gas Pipelines & Services:
                                               
Customer relationship intangibles
   
1,350.3
     
(489.6
)
   
860.7
     
1,350.3
     
(481.6
)
   
868.7
 
Contract-based intangibles
   
468.0
     
(397.7
)
   
70.3
     
468.0
     
(395.5
)
   
72.5
 
Segment total
   
1,818.3
     
(887.3
)
   
931.0
     
1,818.3
     
(877.1
)
   
941.2
 
Petrochemical & Refined Products Services:
                                               
Customer relationship intangibles
   
181.4
     
(59.1
)
   
122.3
     
181.4
     
(57.5
)
   
123.9
 
Contract-based intangibles
   
46.0
     
(24.6
)
   
21.4
     
46.0
     
(24.2
)
   
21.8
 
Segment total
   
227.4
     
(83.7
)
   
143.7
     
227.4
     
(81.7
)
   
145.7
 
Total intangible assets
 
$
5,136.5
   
$
(1,727.1
)
 
$
3,409.4
   
$
5,136.5
   
$
(1,687.5
)
 
$
3,449.0
 
Amortization Expense of Intangible Assets by Segment The following table presents the amortization expense of our intangible assets by business segment for the periods indicated:

 
 
For the Three Months
Ended March 31,
 
 
 
2020
   
2019
 
NGL Pipelines & Services
 
$
6.5
   
$
9.1
 
Crude Oil Pipelines & Services
   
20.9
     
22.0
 
Natural Gas Pipelines & Services
   
10.2
     
10.9
 
Petrochemical & Refined Products Services
   
2.0
     
2.2
 
Total
 
$
39.6
   
$
44.2
 
Forecasted Amortization Expense
The following table presents our forecast of amortization expense associated with existing intangible assets for the periods indicated:

Remainder
of 2020
   
2021
   
2022
   
2023
   
2024
 
$
125.1
   
$
167.1
   
$
164.1
   
$
162.4
   
$
158.9