Segments (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting Information [Line Items]

Reconciliation of Net Income (Loss) to Earnings Before Interest, Taxes, Depreciation and Amortization]

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

	Year Ended December 31,
	2019		2018		2017
Net income (loss)	$	319.9	$	67.0	$	(166.6	)
Add:
Interest and debt expense, net	115.4		99.2		99.4
Loss on modification/extinguishment of debt	—		0.9		37.7
Provision (benefit) for income taxes	0.3		0.1		(0.8		)
Depreciation, amortization and accretion	195.8		168.7		191.7
EBITDA	$	631.4	$	335.9	$	161.4

Reportable Segments

Crestwood Equity

	Year Ended December 31, 2019
	Gathering and Processing			Storage and Transportation		Marketing, Supply and Logistics			Corporate			Total
Revenues	$	835.8		$	20.4	$	2,325.7		$	—		$	3,181.9
Intersegment revenues	175.0			14.2		(189.2		)	—			—
Costs of product/services sold	526.1			0.2		2,018.6			—			2,544.9
Operations and maintenance expense	98.7			4.0		36.1			—			138.8
General and administrative expense	—			—		—			103.4			103.4
Gain (loss) on long-lived assets, net	(6.2		)	—		(0.2		)	0.2			(6.2		)
Gain on acquisition	209.4			—		—			—			209.4
Earnings (loss) from unconsolidated affiliates, net	(2.1		)	34.9		—			—			32.8
Other income, net	—			—		—			0.6			0.6
EBITDA	$	587.1		$	65.3	$	81.6		$	(102.6	)	$	631.4
Goodwill	$	126.2		$	—	$	92.7		$	—		$	218.9
Total assets	$	3,715.3		$	980.2	$	624.7		$	29.1		$	5,349.3
Purchases of property, plant and equipment	$	447.7		$	0.1	$	5.8		$	1.9		$	455.5

	Year Ended December 31, 2018
	Gathering and Processing			Storage and Transportation		Marketing, Supply and Logistics			Corporate			Total
Revenues	$	946.7		$	17.1	$	2,690.3		$	—		$	3,654.1
Intersegment revenues	192.4			10.5		(202.9		)	—			—
Costs of product/services sold	767.0			0.2		2,362.2			—			3,129.4
Operations and maintenance expense	71.7			3.3		50.8			—			125.8
General and administrative expense	—			—		—			88.1			88.1
Gain (loss) on long-lived assets, net	(3.0		)	—		(27.3		)	1.7			(28.6		)
Earnings from unconsolidated affiliates, net	22.5			30.8		—			—			53.3
Other income, net	—			—		—			0.4			0.4
EBITDA	$	319.9		$	54.9	$	47.1		$	(86.0	)	$	335.9
Goodwill	$	45.9		$	—	$	92.7		$	—		$	138.6
Total assets	$	2,633.4		$	1,004.4	$	612.5		$	44.2		$	4,294.5
Purchases of property, plant and equipment	$	294.7		$	0.6	$	5.6		$	4.6		$	305.5

	Year Ended December 31, 2017
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	1,688.2		$	37.2		$	2,155.5		$	—		$	3,880.9
Intersegment revenues	134.5			6.7			(141.2		)	—			—
Costs of product/services sold	1,480.8			0.3			1,893.6			—			3,374.7
Operations and maintenance expense	68.4			4.2			63.4			—			136.0
General and administrative expense	—			—			—			96.5			96.5
Loss on long-lived assets	(14.4		)	—			(48.2		)	(3.0		)	(65.6		)
Goodwill impairment	—			—			(38.8		)	—			(38.8		)
Loss on contingent consideration	—			(57.0		)	—			—			(57.0		)
Earnings from unconsolidated affiliates, net	18.9			28.9			—			—			47.8
Other income, net	0.8			—			—			0.5			1.3
EBITDA	$	278.8		$	11.3		$	(29.7	)	$	(99.0	)	$	161.4
Purchases of property, plant and equipment	$	162.7		$	1.3		$	17.7		$	6.7		$	188.4

CMLP

Segment Reporting Information [Line Items]

Reconciliation of Net Income (Loss) to Earnings Before Interest, Taxes, Depreciation and Amortization]

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

	Year Ended December 31,
	2019		2018		2017
Net income (loss)	$	310.6	$	58.6	$	(175.5	)
Add:
Interest and debt expense, net	115.4		99.2		99.4
Loss on modification/extinguishment of debt	—		0.9		37.7
Provision for income taxes	0.3		—		—
Depreciation, amortization and accretion	209.9		181.4		202.7
EBITDA	$	636.2	$	340.1	$	164.3

Reportable Segments

Crestwood Midstream

	Year Ended December 31, 2019
	Gathering and Processing			Storage and Transportation		Marketing, Supply and Logistics			Corporate			Total
Revenues	$	835.8		$	20.4	$	2,325.7		$	—		$	3,181.9
Intersegment revenues	175.0			14.2		(189.2		)	—			—
Costs of product/services sold	526.1			0.2		2,018.6			—			2,544.9
Operations and maintenance expense	98.7			4.0		36.1			—			138.8
General and administrative expense	—			—		—			98.2			98.2
Gain (loss) on long-lived assets, net	(6.2		)	—		(0.2		)	0.2			(6.2		)
Gain on acquisition	209.4			—		—			—			209.4
Earnings (loss) from unconsolidated affiliates, net	(2.1		)	34.9		—			—			32.8
Other income, net	—			—		—			0.2			0.2
EBITDA	$	587.1		$	65.3	$	81.6		$	(97.8	)	$	636.2
Goodwill	$	126.2		$	—	$	92.7		$	—		$	218.9
Total assets	$	3,874.7		$	980.2	$	624.7		$	24.4		$	5,504.0
Purchases of property, plant and equipment	$	447.7		$	0.1	$	5.8		$	1.9		$	455.5

	Year Ended December 31, 2018
	Gathering and Processing			Storage and Transportation		Marketing, Supply and Logistics			Corporate			Total
Revenues	$	946.7		$	17.1	$	2,690.3		$	—		$	3,654.1
Intersegment revenues	192.4			10.5		(202.9		)	—			—
Costs of product/services sold	767.0			0.2		2,362.2			—			3,129.4
Operations and maintenance expense	71.7			3.3		50.8			—			125.8
General and administrative expense	—			—		—			83.5			83.5
Gain (loss) on long-lived assets, net	(3.0		)	—		(27.3		)	1.7			(28.6		)
Earnings from unconsolidated affiliates, net	22.5			30.8		—			—			53.3
EBITDA	$	319.9		$	54.9	$	47.1		$	(81.8	)	$	340.1
Goodwill	$	45.9		$	—	$	92.7		$	—		$	138.6
Total assets	$	2,807.1		$	1,004.4	$	612.5		$	38.0		$	4,462.0
Purchases of property, plant and equipment	$	294.7		$	0.6	$	5.6		$	4.6		$	305.5

	Year Ended December 31, 2017
	Gathering and Processing			Storage and Transportation			Marketing, Supply and Logistics			Corporate			Total
Revenues	$	1,688.2		$	37.2		$	2,155.5		$	—		$	3,880.9
Intersegment revenues	134.5			6.7			(141.2		)	—			—
Costs of product/services sold	1,480.8			0.3			1,893.6			—			3,374.7
Operations and maintenance expense	68.4			4.2			63.4			—			136.0
General and administrative expense	—			—			—			93.1			93.1
Loss on long-lived assets, net	(14.4		)	—			(48.2		)	(3.0		)	(65.6		)
Goodwill impairment	—			—			(38.8		)	—			(38.8		)
Loss on contingent consideration	—			(57.0		)	—			—			(57.0		)
Earnings from unconsolidated affiliates, net	18.9			28.9			—			—			47.8
Other income, net	0.8			—			—			—			0.8
EBITDA	$	278.8		$	11.3		$	(29.7	)	$	(96.1	)	$	164.3
Purchases of property, plant and equipment	$	162.7		$	1.3		$	17.7		$	6.7		$	188.4