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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Revenues $ 1,448.0 $ 929.6 $ 3,031.8 $ 1,962.3
Costs of product/services sold (exclusive of items shown separately below):        
Product costs - related party (Note 15) 113.1 25.4 181.6 66.5
Total costs of product/services sold 1,213.2 797.2 2,577.6 1,611.0
Operating expenses and other:        
Operations and maintenance 46.6 25.8 89.0 58.6
General and administrative 26.5 22.8 69.9 41.5
Depreciation, amortization and accretion 80.6 58.8 155.4 118.0
(Gain) loss on long-lived assets, net 7.2 (0.3) 11.0 1.1
Total expenses 160.9 107.1 325.3 219.2
Operating income (loss) 73.9 25.3 128.9 132.1
Earnings (loss) from unconsolidated affiliates, net 6.0 (27.1) 9.0 (130.8)
Interest and debt expense, net (40.1) (35.1) (76.2) (71.1)
Gain (Loss) on Extinguishment of Debt 0.0 (1.2) 0.0 (6.7)
Other income (expense), net (0.1) 0.1 0.2 0.1
Income (loss) before income taxes 39.7 (38.0) 61.9 (76.4)
Provision for income taxes (0.3) (0.1) (0.3) 0.0
Net income (loss) 39.4 (38.1) 61.6 (76.4)
Net income attributable to non-controlling partner 10.3 10.3 20.5 20.4
Net income (loss) attributable to parent 29.1 (48.4) 41.1 (96.8)
Net income attributable to preferred unit holders 15.0 15.0 30.0 30.0
Net income (loss) attributable to partners $ 14.1 $ (63.4) $ 11.1 $ (126.8)
Net income (loss) per limited partner unit: (Note 12)        
Basic (in dollars per share) $ 0.14 $ (1.00) $ 0.12 $ (1.85)
Diluted (in dollars per share) $ 0.14 $ (1.00) $ 0.11 $ (1.85)
Weighted-average limited partners’ units outstanding:        
Basic (units) 98.0 63.5 92.0 68.4
Dilutive units (units) 4.6 0.0 4.7 0.0
Diluted (units) 102.6 63.5 96.7 68.4
Affiliated Entity        
Costs of product/services sold (exclusive of items shown separately below):        
Product costs - related party (Note 15) $ 113.1 $ 25.4 $ 181.6 $ 66.5
Crestwood Midstream Partners LP        
Revenues:        
Revenues 1,448.0 929.6 3,031.8 1,962.3
Costs of product/services sold (exclusive of items shown separately below):        
Product costs - related party (Note 15) 113.1 25.4 181.6 66.5
Total costs of product/services sold 1,213.2 797.2 2,577.6 1,611.0
Operating expenses and other:        
Operations and maintenance 46.6 25.8 89.0 58.6
General and administrative 25.0 19.7 66.7 36.9
Depreciation, amortization and accretion 83.0 62.2 161.2 125.0
(Gain) loss on long-lived assets, net 60.5 (0.3) 64.3 1.1
Total expenses 215.1 107.4 381.2 221.6
Operating income (loss) 19.7 25.0 73.0 129.7
Earnings (loss) from unconsolidated affiliates, net 6.0 (27.1) 9.0 (130.8)
Interest and debt expense, net (40.1) (35.1) (76.2) (71.1)
Gain (Loss) on Extinguishment of Debt 0.0 (1.2) 0.0 (6.7)
Income (loss) before income taxes (14.4) (38.4) 5.8 (78.9)
Provision for income taxes (0.2) (0.1) (0.2) 0.0
Net income (loss) (14.6) (38.5) 5.6 (78.9)
Net income attributable to non-controlling partner 10.3 10.3 20.5 20.4
Net income (loss) attributable to parent (24.9) (48.8) (14.9) (99.3)
Product        
Revenues:        
Revenues 1,215.0 820.7 2,605.5 1,751.3
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 1,094.0 768.0 2,384.8 1,535.6
Product | Crestwood Midstream Partners LP        
Revenues:        
Revenues 1,215.0 820.7 2,605.5 1,751.3
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 1,094.0 768.0 2,384.8 1,535.6
Service        
Revenues:        
Revenues 98.8 95.7 194.4 192.9
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 6.1 3.8 11.2 8.9
Service | Crestwood Midstream Partners LP        
Revenues:        
Revenues 98.8 95.7 194.4 192.9
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 6.1 3.8 11.2 8.9
Product, Related Party        
Revenues:        
Revenues 78.9 12.8 139.5 17.7
Product, Related Party | Crestwood Midstream Partners LP        
Revenues:        
Revenues 78.9 12.8 139.5 17.7
Service, Related Party        
Revenues:        
Revenues 55.3 0.4 92.4 0.4
Service, Related Party | Crestwood Midstream Partners LP        
Revenues:        
Revenues $ 55.3 $ 0.4 $ 92.4 $ 0.4