XML 58 R37.htm IDEA: XBRL DOCUMENT v3.22.0.1
Risk Management (Tables)
12 Months Ended
Dec. 31, 2021
Risk Management - Notional Amounts and Terms of Companys Derivative Financial Instruments [Abstract]  
Derivatives Not Designated as Hedging Instruments The following table summarizes the impact to our consolidated statements of operations related to our commodity-based derivatives during the years ended December 31, 2021, 2020 and 2019 (in millions):
December 31,
202120202019
Product revenues$486.7 $214.3 $252.3 
Gain (loss) reflected in product costs$(44.5)$(20.7)$19.5 
Notional Amounts And Terms Of Company's Derivative Financial Instruments
The notional amounts of our derivative financial instruments include the following:
 December 31, 2021December 31, 2020
 Fixed Price
Payor
Fixed Price
Receiver
Fixed Price
Payor
Fixed Price
Receiver
Propane, ethane, butane, heating oil and crude oil (MMBbls)71.6 75.8 72.7 76.5 
Natural gas (Bcf)31.9 43.4 22.6 28.6 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the fair value of our commodity derivative instruments with credit-risk-related contingent features and their associated collateral (in millions):
December 31,
20212020
Aggregate fair value liability of derivative instruments with credit-risk-related contingent features(1)
$57.9 $38.5 
Broker-related net derivative asset position$104.8 $35.9 
Broker-related cash collateral received$76.8 $18.3 
Cash collateral received, net$11.4 $12.4 
(1) At December 31, 2021 and 2020, we posted $1.5 million and less than $0.1 million of collateral associated with these derivatives.