XML 21 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash $ 2.3 $ 1.6
Accounts receivable, less allowance for doubtful accounts of $1.4 million and $1.9 million at June 30, 2017 and December 31, 2016 290.3 289.8
Inventory 63.1 66.0
Assets from price risk management activities 12.8 6.3
Prepaid expenses and other current assets 7.0 9.7
Total current assets 375.5 373.4
Property, plant and equipment 2,556.7 2,555.4
Less: accumulated depreciation and depletion 516.4 457.8
Property, plant and equipment, net 2,040.3 2,097.6
Intangible assets 898.6 898.6
Less: accumulated amortization 268.0 241.2
Intangible assets, net 630.6 657.4
Goodwill 199.0 199.0
Investments in unconsolidated affiliates 1,181.7 1,115.4
Other assets 5.5 6.1
Total assets 4,432.6 4,448.9
Current liabilities:    
Accounts payable 237.5 217.2
Accrued expenses and other liabilities 84.5 90.5
Liabilities from price risk management activities 8.0 28.6
Current portion of long-term debt 1.0 1.0
Total current liabilities 331.0 337.3
Long-term debt, less current portion 1,613.0 1,522.7
Other long-term liabilities 47.3 44.6
Deferred income taxes 4.7 5.3
Commitments and contingencies (Note 10)
Partners’ capital:    
Crestwood Equity Partners LP partners’ capital (70,027,261 and 69,499,741 common and subordinated units issued and outstanding at June 30, 2017 and December 31, 2016) 1,643.5 1,782.0
Preferred units (69,646,630 and 66,533,415 units issued and outstanding at June 30, 2017 and December 31, 2016) 595.8 564.5
Total company partners’ capital 2,239.3 2,346.5
Interest of non-controlling partners in subsidiaries 197.3 192.5
Total partners’ capital 2,436.6 2,539.0
Total liabilities and partners’ capital 4,432.6 4,448.9
Crestwood Midstream Partners LP    
Assets    
Cash 2.0 1.3
Accounts receivable, less allowance for doubtful accounts of $1.4 million and $1.9 million at June 30, 2017 and December 31, 2016 290.3 289.8
Inventory 63.1 66.0
Assets from price risk management activities 12.8 6.3
Prepaid expenses and other current assets 7.0 9.7
Total current assets 375.2 373.1
Property, plant and equipment 2,886.8 2,885.5
Less: accumulated depreciation and depletion 652.8 587.1
Property, plant and equipment, net 2,234.0 2,298.4
Intangible assets 883.1 883.1
Less: accumulated amortization 255.5 230.2
Intangible assets, net 627.6 652.9
Goodwill 199.0 199.0
Investments in unconsolidated affiliates 1,181.7 1,115.4
Other assets 2.1 1.8
Total assets 4,619.6 4,640.6
Current liabilities:    
Accounts payable 234.8 214.5
Accrued expenses and other liabilities 83.3 87.9
Liabilities from price risk management activities 8.0 28.6
Current portion of long-term debt 1.0 1.0
Total current liabilities 327.1 332.0
Long-term debt, less current portion 1,613.0 1,522.7
Other long-term liabilities 44.6 42.0
Deferred income taxes 0.7 0.7
Partners’ capital:    
Total company partners’ capital 2,436.9 2,550.7
Interest of non-controlling partners in subsidiaries 197.3 192.5
Total partners’ capital 2,634.2 2,743.2
Total liabilities and partners’ capital $ 4,619.6 $ 4,640.6