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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities    
Net income (loss) $ (116.0) $ (43.1)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, amortization and accretion 182.6 177.9
Amortization of debt-related deferred costs 5.1 4.9
Unit-based compensation charges 22.8 17.3
Loss on long-lived assets, net 19.6 26.1
Goodwill impairment 0.0 80.3
Loss on modification/extinguishment of debt 6.7 0.0
(Earnings) loss from unconsolidated affiliates, net, adjusted for cash distributions received 137.5 5.4
Deferred income taxes (0.4) (0.4)
Other Operating Activities, Cash Flow Statement 0.2 0.0
Changes in operating assets and liabilities 114.8 26.9
Net cash provided by operating activities 372.9 295.3
Investing activities    
Acquisition, net of cash acquired (Note 3) 0.0 (162.3)
Purchases of property, plant and equipment (55.8) (158.8)
Investments in unconsolidated affiliates (10.2) (6.0)
Capital distributions from unconsolidated affiliates 648.4 27.8
Other 0.5 1.6
Net cash provided by (used in) investing activities 582.9 (297.7)
Financing activities    
Proceeds from the issuance of long-term debt 2,236.4 947.0
Payments on long-term debt (2,695.9) (731.1)
Payments on finance leases (2.1) (2.4)
Payments for deferred financing costs (11.1) 0.0
Net proceeds from issuance of non-controlling interest 1.0 2.8
Payments for Crestwood Holdings Transactions (275.6) 0.0
Distributions to partners (125.0) (136.7)
Distributions to non-controlling partner (29.9) (27.8)
Distributions to preferred unitholders (45.0) (45.0)
Taxes paid for unit-based compensation vesting (8.3) (15.6)
Net cash used in financing activities (955.5) (8.8)
Net change in cash 0.3 (11.2)
Cash at beginning of period 14.0 25.7
Cash at end of period 14.3 14.5
Supplemental schedule of noncash investing activities    
Net change to property, plant and equipment through accounts payable and accrued expenses (9.2) 40.0
Crestwood Midstream Partners LP    
Operating activities    
Net income (loss) (120.7) (50.1)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, amortization and accretion 193.2 188.4
Amortization of debt-related deferred costs 5.1 4.9
Unit-based compensation charges 22.8 17.3
Loss on long-lived assets, net 19.6 26.1
Goodwill impairment 0.0 80.3
Loss on modification/extinguishment of debt 6.7 0.0
(Earnings) loss from unconsolidated affiliates, net, adjusted for cash distributions received 137.5 5.4
Deferred income taxes 0.0 (0.1)
Other Operating Activities, Cash Flow Statement 0.2 0.0
Changes in operating assets and liabilities 114.1 21.8
Net cash provided by operating activities 378.5 294.0
Investing activities    
Acquisition, net of cash acquired (Note 3) 0.0 (162.3)
Purchases of property, plant and equipment (55.8) (158.8)
Investments in unconsolidated affiliates (10.2) (6.0)
Capital distributions from unconsolidated affiliates 648.4 27.8
Other 0.5 1.6
Net cash provided by (used in) investing activities 582.9 (297.7)
Financing activities    
Proceeds from the issuance of long-term debt 2,236.4 947.0
Payments on long-term debt (2,695.9) (731.1)
Payments on finance leases (2.1) (2.4)
Payments for deferred financing costs (11.1) 0.0
Net proceeds from issuance of non-controlling interest 1.0 2.8
Distributions to partners (451.3) (180.9)
Distributions to non-controlling partner (29.9) (27.8)
Taxes paid for unit-based compensation vesting (8.3) (15.6)
Net cash used in financing activities (961.2) (8.0)
Net change in cash 0.2 (11.7)
Cash at beginning of period 13.7 25.4
Cash at end of period 13.9 13.7
Supplemental schedule of noncash investing activities    
Net change to property, plant and equipment through accounts payable and accrued expenses (9.2) 40.0
Non-Controlling Partners    
Financing activities    
Net proceeds from issuance of non-controlling interest $ 1.0 $ 2.8