Risk Management (Tables)

9 Months Ended

Sep. 30, 2020

Risk Management - Notional Amounts and Terms of Companys Derivative Financial Instruments [Abstract]

Summary of Commodity-Based Derivatives

The following table summarizes the impact to our consolidated statements of operations related to our commodity-based derivatives reflected in operating revenues and costs of product/services sold during the three and nine months ended September 30, 2020 and 2019 (in millions):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Product revenues	$	32.4	$	39.1	$	125.4	$	183.4
Gain (loss) reflected in costs of product/services sold	$	(1.8)	$	14.9	$	27.0	$	21.9

Notional Amounts And Terms Of Company's Derivative Financial Instruments

The notional amounts and terms of our derivative financial instruments include the following:

	September 30, 2020		December 31, 2019
	Fixed Price Payor	Fixed Price Receiver	Fixed Price Payor	Fixed Price Receiver
Propane, ethane, butane, heating oil and crude oil (MMBbls)	73.5	78.8	33.5	36.6
Natural gas (Bcf)	18.8	26.1	3.7	8.7

Schedule of Derivative Instruments

The following table presents the fair value of our commodity derivative instruments with credit-risk related contingent features and their associated collateral (in millions):

	September 30, 2020		December 31, 2019
Aggregate fair value liability of derivative instruments with credit-risk-related contingent features(1)	$	21.0	$	1.6
NYMEX-related net derivative asset (liability) position	$	16.1	$	(28.8)
NYMEX-related cash collateral posted	$	1.5	$	40.4
Cash collateral received, net	$	17.9	$	16.9

(1)At September 30, 2020 and December 31, 2019, we posted $0.9 million and less than $0.1 million of collateral associated with these derivatives.