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Fair Value Measurements Financial Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping The carrying amounts and estimated fair values of the Partnership's financial assets and liabilities which were not recorded at fair value on the Condensed Consolidated Balance Sheets as of March 31, 2019, and December 31, 2018, were as follows (in millions):
As of March 31, 2019
 
 
 
 
Estimated Fair Value
Financial Assets
 
Carrying Amount
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Cash and cash equivalents
 
$
15.3

 
 
$
15.3

 
$

 
$

 
$
15.3

 
 
 
 
 
 
 
 
 
 
 
 
Financial Liabilities
 
 

 
 
 

 
 

 
 

 
 

Long-term debt
 
$
3,646.7

(1) 
 
$

 
$
3,728.6

 
$

 
$
3,728.6


(1) The carrying amount of long-term debt excludes a $7.3 million long-term finance lease obligation and
$6.6 million of unamortized debt issuance costs.

As of December 31, 2018
 
 
 
 
Estimated Fair Value
Financial Assets
 
Carrying Amount
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Cash and cash equivalents
 
$
3.6

 
 
$
3.6

 
$

 
$

 
$
3.6

 
 
 
 
 
 
 
 
 
 
 
 
Financial Liabilities
 
 

 
 
 
 
 
 
 
 
 
Long-term debt
 
$
3,700.9

(1) 
 
$

 
$
3,714.6

 
$

 
$
3,714.6


(1) The carrying amount of long-term debt excludes a $7.5 million long-term finance lease obligation and
$7.1 million of unamortized debt issuance costs.