Segments (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting Information [Line Items]

Reportable Segments

Below is a reconciliation of CEQP’s net loss to EBITDA (in millions):

	Year Ended December 31,
	2016			2015			2014
Net loss	$	(192.1	)	$	(2,303.7	)	$	(10.4	)
Add:
Interest and debt expense, net	125.1			140.1			127.1
(Gain) loss on modification/extinguishment of debt	(10.0		)	20.0			—
Provision (benefit) for income taxes	0.3			(1.4		)	1.1
Depreciation, amortization and accretion	229.6			300.1			285.3
EBITDA	$	152.9		$	(1,844.9	)	$	403.1

The following tables summarize CEQP’s reportable segment data for the years ended December 31, 2016, 2015 and 2014 (in millions). Intersegment revenues included in the following tables are accounted for as arms-length transactions that apply our revenue recognition policies described in Note 2. Included in earnings (loss) from unconsolidated affiliates below was approximately $29.6 million, $86.1 million and $7.6 million of depreciation and amortization expense and gains (losses) on long-lived assets, net related to our equity investments for the years ended December 31, 2016, 2015 and 2014, respectively.

	Year Ended December 31, 2016
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	1,118.8		$	165.3		$	1,236.4		$	—		$	2,520.5
Intersegment revenues	108.6			4.2			(112.8		)	—			—
Costs of product/services sold	917.0			5.1			1,003.0			—			1,925.1
Operations and maintenance expense	77.0			21.4			59.7			—			158.1
General and administrative expense	—			—			—			88.2			88.2
Loss on long-lived assets, net	(2.0		)	(32.2		)	(31.4		)	—			(65.6		)
Goodwill impairment	(8.6		)	(44.9		)	(109.1		)	—			(162.6		)
Earnings from unconsolidated affiliates, net	20.3			11.2			—			—			31.5
Other income, net	—			—			—			0.5			0.5
EBITDA	$	243.1		$	77.1		$	(79.6	)	$	(87.7	)	$	152.9
Goodwill	$	45.9		$	—		$	153.1		$	—		$	199.0
Total assets	$	2,359.7		$	1,094.6		$	972.2		$	22.4		$	4,448.9
Purchases of property, plant and equipment	$	76.6		$	3.3		$	19.1		$	1.7		$	100.7

	Year Ended December 31, 2015
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	1,381.0		$	266.3		$	985.5		$	—		$	2,632.8
Intersegment revenues	66.7			—			(66.7		)	—			—
Costs of product/services sold	1,103.9			20.1			759.5			—			1,883.5
Operations and maintenance expense	89.0			31.7			69.5			—			190.2
General and administrative expense	—			—			—			116.3			116.3
Loss on long-lived assets	(787.3		)	(1.6		)	(32.3		)	—			(821.2		)
Goodwill impairment	(329.7		)	(623.4		)	(453.2		)	—			(1,406.3		)
Loss from unconsolidated affiliates	(43.4		)	(17.4		)	—			—			(60.8		)
Other income, net	—			—			—			0.6			0.6
EBITDA	$	(905.6	)	$	(427.9	)	$	(395.7	)	$	(115.7	)	$	(1,844.9	)
Goodwill	$	54.5		$	771.2		$	259.8		$	—		$	1,085.5
Total assets	$	2,325.2		$	2,217.4		$	1,083.7		$	136.5		$	5,762.8
Purchases of property, plant and equipment	$	132.7		$	26.4		$	22.8		$	0.8		$	182.7

	Year Ended December 31, 2014
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	2,166.8		$	264.6		$	1,499.9		$	—		$	3,931.3
Intersegment revenues	50.0			—			(50.0		)	—			—
Costs of product/services sold	1,859.9			33.3			1,272.1			—			3,165.3
Operations and maintenance expense	102.8			28.8			71.7			—			203.3
General and administrative expense	—			—			—			100.2			100.2
Gain (loss) on long-lived assets	(32.7		)	33.8			(3.0		)	—			(1.9		)
Goodwill impairment	(18.5		)	—			(30.3		)	—			(48.8		)
Loss on contingent consideration	(8.6		)	—			—			—			(8.6		)
Earnings (loss) from unconsolidated affiliates	0.5			(1.2		)	—			—			(0.7		)
Other income, net	—			—			—			0.6			0.6
EBITDA	$	194.8		$	235.1		$	72.8		$	(99.6	)	$	403.1
Purchases of property, plant and equipment	$	327.9		$	37.0		$	50.9		$	8.2		$	424.0

CMLP

Segment Reporting Information [Line Items]

Reportable Segments

Below is a reconciliation of CMLP’s net income (loss) to EBITDA (in millions):

	Year Ended December 31,
	2016			2015			2014
Net income (loss)	$	(197.5	)	$	(1,410.6	)	$	14.7
Add:
Interest and debt expense, net	125.1			130.5			111.4
(Gain) loss on modification/extinguishment of debt	(10.0		)	18.9			—
Provision for income taxes	—			—			0.9
Depreciation, amortization and accretion	240.5			278.5			255.4
EBITDA	$	158.1		$	(982.7	)	$	382.4

The following tables summarize CMLP’s reportable segment data for the years ended December 31, 2016, 2015 and 2014 (in millions). Intersegment revenues included in the following tables are accounted for as arms-length transactions that apply our revenue recognition policies described in Note 2. Included in earnings from unconsolidated affiliates below was approximately $29.6 million, $86.1 million and $7.6 million of depreciation and amortization expense and gains (losses) on long-lived assets, net related to our equity investments for the years ended December 31, 2016, 2015 and 2014, respectively.

	Year Ended December 31, 2016
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	1,118.8		$	165.3		$	1,236.4		$	—		$	2,520.5
Intersegment revenues	108.6			4.2			(112.8		)	—			—
Costs of product/services sold	917.0			5.1			1,003.0			—			1,925.1
Operations and maintenance expense	77.0			18.3			59.7			—			155.0
General and administrative expense	—			—			—			85.6			85.6
Loss on long-lived assets, net	(2.0		)	(32.2		)	(31.4		)	—			(65.6		)
Goodwill impairment	(8.6		)	(44.9		)	(109.1		)	—			(162.6		)
Earnings from unconsolidated affiliates, net	20.3			11.2			—			—			31.5
EBITDA	$	243.1		$	80.2		$	(79.6	)	$	(85.6	)	$	158.1
Goodwill	$	45.9		$	—		$	153.1		$	—		$	199.0
Total assets	$	2,561.9		$	1,094.6		$	972.2		$	11.9		$	4,640.6
Purchases of property, plant and equipment	$	76.6		$	3.3		$	19.1		$	1.7		$	100.7

	Year Ended December 31, 2015
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	1,381.0		$	266.3		$	985.5		$	—		$	2,632.8
Intersegment revenues	66.7			—			(66.7		)	—			—
Costs of product/services sold	1,103.9			20.1			759.5			—			1,883.5
Operations and maintenance expense	89.0			30.2			69.5			—			188.7
General and administrative expense	—			—			—			105.6			105.6
Loss on long-lived assets, net	(194.1		)	(1.4		)	(32.3		)	—			(227.8		)
Goodwill impairment	(72.5		)	(623.4		)	(453.2		)	—			(1,149.1		)
Loss from unconsolidated affiliates, net	(43.4		)	(17.4		)	—			—			(60.8		)
EBITDA	$	(55.2	)	$	(426.2	)	$	(395.7	)	$	(105.6	)	$	(982.7	)
Goodwill	$	54.5		$	771.2		$	259.8		$	—		$	1,085.5
Total assets	$	2,541.6		$	2,216.7		$	1,083.7		$	121.6		$	5,963.6
Purchases of property, plant and equipment	$	132.7		$	26.4		$	22.8		$	0.8		$	182.7

	Year Ended December 31, 2014
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	2,166.8		$	250.8		$	1,499.9		$	—		$	3,917.5
Intersegment revenues	50.0			—			(50.0		)	—			—
Costs of product/services sold	1,859.9			22.8			1,272.1			—			3,154.8
Operations and maintenance expense	102.8			22.1			70.5			—			195.4
General and administrative expense	—			—			—			91.7			91.7
Gain (loss) on long-lived assets	(32.7		)	0.6			(3.0		)	—			(35.1		)
Goodwill impairment	(18.5		)	—			(30.3		)	—			(48.8		)
Loss on contingent consideration	(8.6		)	—			—			—			(8.6		)
Earnings (loss) from unconsolidated affiliates, net	0.5			(1.2		)	—			—			(0.7		)
EBITDA	$	194.8		$	205.3		$	74.0		$	(91.7	)	$	382.4
Purchases of property, plant and equipment	$	327.9		$	36.4		$	50.9		$	6.5		$	421.7