XML 17 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash $ 14.5 $ 25.7
Accounts receivable, less allowance for doubtful accounts of $0.4 million and $0.3 million at September 30, 2020 and December 31, 2019 222.2 242.2
Inventory 100.1 53.7
Assets from price risk management activities 27.6 43.2
Assets held for sale 23.1 0.0
Prepaid expenses and other current assets 8.8 11.6
Total current assets 396.3 376.4
Property, plant and equipment 3,750.9 3,612.5
Less: accumulated depreciation 799.2 703.4
Property, plant and equipment, net 2,951.7 2,909.1
Intangible assets 1,126.1 1,076.3
Less: accumulated amortization 316.5 271.1
Intangible assets, net 809.6 805.2
Goodwill 138.6 218.9
Operating lease, right-of-use assets, net 39.6 53.8
Investments in unconsolidated affiliates 953.0 980.4
Other non-current assets 5.4 5.5
Total assets 5,294.2 5,349.3
Current liabilities:    
Accounts payable 141.1 189.2
Accrued expenses and other liabilities 156.5 161.7
Liabilities from price risk management activities 39.4 6.7
Current portion of long-term debt 0.2 0.2
Total current liabilities 337.2 357.8
Long-term debt, less current portion 2,548.9 2,328.3
Other long-term liabilities 289.1 301.6
Deferred income taxes 2.2 2.6
Total liabilities 3,177.4 2,990.3
Commitments and contingencies (Note 11)
Interest of non-controlling partner in subsidiary 431.6 426.2
Partners’ capital:    
Crestwood Equity Partners LP partners’ capital (73,973,777 and 72,282,942 common and subordinated units issued and outstanding at September 30, 2020 and December 31, 2019) 1,073.2 1,320.8
Preferred units (71,257,445 units issued and outstanding at both September 30, 2020 and December 31, 2019) 612.0 612.0
Total partners’ capital 1,685.2 1,932.8
Total liabilities and capital $ 5,294.2 $ 5,349.3
Limited Partners' Capital Account, Units Issued 73,973,777 72,282,942
Limited Partners' Capital Account, Units Outstanding 73,973,777 72,282,942
Preferred Units, Issued 71,257,445 71,257,445
Preferred Units, Outstanding 71,257,445 71,257,445
Crestwood Midstream Partners LP    
Assets    
Cash $ 13.7 $ 25.4
Accounts receivable, less allowance for doubtful accounts of $0.4 million and $0.3 million at September 30, 2020 and December 31, 2019 222.1 241.9
Inventory 100.1 53.7
Assets from price risk management activities 27.6 43.2
Assets held for sale 23.1 0.0
Prepaid expenses and other current assets 8.8 11.6
Total current assets 395.4 375.8
Property, plant and equipment 4,080.9 3,942.6
Less: accumulated depreciation 981.4 875.1
Property, plant and equipment, net 3,099.5 3,067.5
Intangible assets 1,126.1 1,076.3
Less: accumulated amortization 316.5 271.1
Intangible assets, net 809.6 805.2
Goodwill 138.6 218.9
Operating lease, right-of-use assets, net 39.6 53.8
Investments in unconsolidated affiliates 953.0 980.4
Other non-current assets 3.1 2.4
Total assets 5,438.8 5,504.0
Current liabilities:    
Accounts payable 138.6 186.6
Accrued expenses and other liabilities 154.8 160.4
Liabilities from price risk management activities 39.4 6.7
Current portion of long-term debt 0.2 0.2
Total current liabilities 333.0 353.9
Long-term debt, less current portion 2,548.9 2,328.3
Other long-term liabilities 287.2 295.6
Deferred income taxes 0.6 0.7
Total liabilities 3,169.7 2,978.5
Interest of non-controlling partner in subsidiary 431.6 426.2
Partners’ capital:    
Partners' capital 1,837.5 2,099.3
Total liabilities and capital $ 5,438.8 $ 5,504.0