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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Revenues $ 1,566.0 $ 1,226.3 $ 4,597.8 $ 3,188.6
Costs of product/services sold (exclusive of items shown separately below):        
Product costs - related party (Note 15) 51.3 34.8 232.9 101.3
Total costs of product/services sold 1,286.8 1,099.3 3,864.4 2,710.3
Operating expenses and other:        
Operations and maintenance 55.0 31.6 144.0 90.2
General and administrative 33.9 25.9 103.8 67.4
Depreciation, amortization and accretion 86.9 64.6 242.3 182.6
Loss on long-lived assets, net 175.9 18.5 186.9 19.6
Gain Loss on Acquisition (75.3) 0.0 (75.3) 0.0
Total expenses 276.4 140.6 601.7 359.8
Operating income (loss) 2.8 (13.6) 131.7 118.5
Earnings (loss) from unconsolidated affiliates, net 3.2 4.9 12.2 (125.9)
Interest and debt expense, net (47.6) (30.9) (123.8) (102.0)
Gain (Loss) on Extinguishment of Debt 0.0 0.0 0.0 (6.7)
Other income, net 0.0 0.1 0.2 0.2
Loss before income taxes (41.6) (39.5) 20.3 (115.9)
Provision for income taxes (1.4) (0.1) (1.7) (0.1)
Net income (loss) (43.0) (39.6) 18.6 (116.0)
Net income attributable to non-controlling partner 10.3 10.3 30.8 30.7
Net income (loss) attributable to parent (53.3) (49.9) (12.2) (146.7)
Net income attributable to preferred unit holders 15.0 15.0 45.0 45.0
Net loss attributable to partners $ (68.3) $ (64.9) $ (57.2) $ (191.7)
Net loss per limited partner unit: (Note 12)        
Basic (in dollars per share) $ (0.64) $ (1.03) $ (0.59) $ (2.88)
Diluted (in dollars per share) $ (0.64) $ (1.03) $ (0.59) $ (2.88)
Weighted-average limited partners’ units outstanding:        
Basic (units) 107.1 62.9 97.1 66.6
Diluted (units) 107.1 62.9 97.1 66.6
Affiliated Entity        
Costs of product/services sold (exclusive of items shown separately below):        
Product costs - related party (Note 15) $ 51.3 $ 34.8 $ 232.9 $ 101.3
Crestwood Midstream Partners LP        
Revenues:        
Revenues 1,566.0 1,226.3 4,597.8 3,188.6
Costs of product/services sold (exclusive of items shown separately below):        
Product costs - related party (Note 15) 51.3 34.8 232.9 101.3
Total costs of product/services sold 1,286.8 1,099.3 3,864.4 2,710.3
Operating expenses and other:        
Operations and maintenance 55.0 31.6 144.0 90.2
General and administrative 32.3 24.4 99.0 61.3
Depreciation, amortization and accretion 86.8 68.2 248.0 193.2
Loss on long-lived assets, net 247.6 18.5 311.9 19.6
Gain Loss on Acquisition (75.3) 0.0 (75.3) 0.0
Total expenses 346.4 142.7 727.6 364.3
Operating income (loss) (67.2) (15.7) 5.8 114.0
Earnings (loss) from unconsolidated affiliates, net 3.2 4.9 12.2 (125.9)
Interest and debt expense, net (47.6) (30.9) (123.8) (102.0)
Gain (Loss) on Extinguishment of Debt 0.0 0.0 0.0 (6.7)
Loss before income taxes (111.6) (41.7) (105.8) (120.6)
Provision for income taxes (1.4) (0.1) (1.6) (0.1)
Net income (loss) (113.0) (41.8) (107.4) (120.7)
Net income attributable to non-controlling partner 10.3 10.3 30.8 30.7
Net income (loss) attributable to parent (123.3) (52.1) (138.2) (151.4)
Product        
Revenues:        
Revenues 1,332.8 1,120.8 3,938.3 2,872.1
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 1,228.6 1,060.2 3,613.4 2,595.8
Product | Crestwood Midstream Partners LP        
Revenues:        
Revenues 1,332.8 1,120.8 3,938.3 2,872.1
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 1,228.6 1,060.2 3,613.4 2,595.8
Service        
Revenues:        
Revenues 92.4 98.4 286.8 291.3
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 6.9 4.3 18.1 13.2
Service | Crestwood Midstream Partners LP        
Revenues:        
Revenues 92.4 98.4 286.8 291.3
Costs of product/services sold (exclusive of items shown separately below):        
Costs of product/services sold 6.9 4.3 18.1 13.2
Product, Related Party        
Revenues:        
Revenues 83.2 6.5 222.7 24.2
Product, Related Party | Crestwood Midstream Partners LP        
Revenues:        
Revenues 83.2 6.5 222.7 24.2
Service, Related Party        
Revenues:        
Revenues 57.6 0.6 150.0 1.0
Service, Related Party | Crestwood Midstream Partners LP        
Revenues:        
Revenues $ 57.6 $ 0.6 $ 150.0 $ 1.0