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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net income (loss) $ 18.6 $ (116.0)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion 242.3 182.6
Amortization of debt-related deferred costs and fair value adjustment 1.7 5.1
Unit-based compensation charges 26.8 22.8
Loss on long-lived assets, net 186.9 19.6
Gain Loss on Acquisition (75.3) 0.0
Loss on modification/extinguishment of debt 0.0 6.7
(Earnings) loss from unconsolidated affiliates, net, adjusted for cash distributions received (0.9) 137.5
Deferred income taxes 1.1 (0.4)
Other 0.0 0.2
Changes in operating assets and liabilities (123.9) 114.8
Net cash provided by operating activities 277.3 372.9
Investing activities    
Acquisition, net of cash acquired (Note 3) (604.3) 0.0
Purchases of property, plant and equipment (147.3) (55.8)
Investments in unconsolidated affiliates (90.2) (10.2)
Capital distributions from unconsolidated affiliates 9.4 648.4
Net proceeds from sale of assets 315.2 0.5
Net cash provided by (used in) investing activities (517.2) 582.9
Financing activities    
Proceeds from the issuance of long-term debt 3,072.0 2,236.4
Payments on long-term debt (2,393.1) (2,695.9)
Payments on finance leases (31.3) (2.1)
Payments for deferred financing costs (1.8) (11.1)
Net proceeds from issuance of non-controlling interest 0.0 1.0
Payments for Repurchase of Common Stock and Other 0.0 (275.6)
Payments for Crestwood Holdings Transactions (123.7) 0.0
Distributions to partners (196.7) (125.0)
Distributions to non-controlling partner (31.0) (29.9)
Distributions to preferred unitholders (45.0) (45.0)
Taxes paid for unit-based compensation vesting (15.8) (8.3)
Other (0.6) 0.0
Net cash provided by (used in) financing activities 233.0 (955.5)
Net change in cash (6.9) 0.3
Cash at beginning of period 13.3 14.0
Cash at end of period 6.4 14.3
Supplemental schedule of noncash investing activities    
Net change to property, plant and equipment through accounts payable and accrued expenses 19.9 (9.2)
Crestwood Midstream Partners LP    
Operating activities    
Net income (loss) (107.4) (120.7)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and accretion 248.0 193.2
Amortization of debt-related deferred costs and fair value adjustment 1.7 5.1
Unit-based compensation charges 26.8 22.8
Loss on long-lived assets, net 311.9 19.6
Gain Loss on Acquisition (75.3) 0.0
Loss on modification/extinguishment of debt 0.0 6.7
(Earnings) loss from unconsolidated affiliates, net, adjusted for cash distributions received (0.9) 137.5
Deferred income taxes 1.2 0.0
Other 0.0 0.2
Changes in operating assets and liabilities (123.9) 114.1
Net cash provided by operating activities 282.1 378.5
Investing activities    
Acquisition, net of cash acquired (Note 3) (602.7) 0.0
Purchases of property, plant and equipment (146.6) (55.8)
Investments in unconsolidated affiliates (90.2) (10.2)
Capital distributions from unconsolidated affiliates 9.4 648.4
Net proceeds from sale of assets 315.2 0.5
Net cash provided by (used in) investing activities (514.9) 582.9
Financing activities    
Proceeds from the issuance of long-term debt 3,072.0 2,236.4
Payments on long-term debt (2,393.1) (2,695.9)
Payments on finance leases (31.3) (2.1)
Payments for deferred financing costs (1.8) (11.1)
Net proceeds from issuance of non-controlling interest 0.0 1.0
Contributions from partner 164.3 0.0
Distributions to partners (537.6) (451.3)
Distributions to non-controlling partner (31.0) (29.9)
Taxes paid for unit-based compensation vesting (15.8) (8.3)
Net cash provided by (used in) financing activities 225.7 (961.2)
Net change in cash (7.1) 0.2
Cash at beginning of period 12.9 13.7
Cash at end of period 5.8 13.9
Supplemental schedule of noncash investing activities    
Net change to property, plant and equipment through accounts payable and accrued expenses $ 19.9 (9.2)
Non-Controlling Partners    
Financing activities    
Net proceeds from issuance of non-controlling interest   $ 1.0