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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net income (loss) $ 596,980 $ 11,098 $ 453,489
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 272,933 272,611 211,809
Impairments 15,535 515,458 5,125
Non-cash equity-based compensation expense 4,986 4,445 4,105
Deferred income taxes 2,555 11,346 38,682
Accretion and amortization of long-term obligations, net (3,262) 17,698 2,736
Equity income, net – affiliates [1] (78,717) (71,251) (57,836)
Distributions from equity investment earnings – affiliates 82,185 82,054 62,967
(Gain) loss on divestiture and other, net [2],[3] 14,641 (57,024) 9
Lower of cost or market inventory adjustments 168 443 0
Changes in assets and liabilities:      
(Increase) decrease in accounts receivable, net (48,998) (4,428) 1,504
Increase (decrease) in accounts and imbalance payables and accrued liabilities, net 58,365 1,006 (35,926)
Change in other items, net (4,295) (647) 3,998
Net cash provided by operating activities 913,076 782,809 690,662
Cash flows from investing activities      
Capital expenditures (479,993) (637,964) (805,005)
Investments in equity affiliates (27) (11,442) (64,278)
Distributions from equity investments in excess of cumulative earnings – affiliates 21,238 [4] 16,244 [4] 18,055
Proceeds from property insurance claims 17,465 0 0
Net cash used in investing activities (1,105,534) (500,277) (2,740,175)
Cash flows from financing activities      
Borrowings, net of debt issuance costs 1,323,198 889,606 1,648,028
Repayments of debt (900,000) (611,150) (650,000)
Increase (decrease) in outstanding checks 2,079 (2,666) 765
Distributions to WGP unitholders [5] (374,082) (306,477) (228,481)
Net contributions from (distributions to) Anadarko (23,491) (49,801) (16,392)
Above-market component of swap extensions with Anadarko [5] 45,820 18,449 0
Net cash provided by (used in) financing activities 451,836 (250,051) 2,003,605
Net increase (decrease) in cash and cash equivalents 259,378 32,481 (45,908)
Cash and cash equivalents at beginning of period 99,694 67,213 113,121
Cash and cash equivalents at end of period 359,072 99,694 67,213
Supplemental disclosures      
Net distributions to (contributions from) Anadarko of other assets 581 4,632 10,706
Interest paid, net of capitalized interest 107,657 94,720 67,648
Taxes paid (reimbursements received) 838 0 (90)
Capital lease asset transfer [6] 0 0 4,833
Delaware Basin JV Gathering LLC [Member]      
Supplemental disclosures      
Acquisition of DBJV from Anadarko (147,234) 174,276 0
Chipeta Processing LLC [Member]      
Cash flows from financing activities      
Distributions to Chipeta noncontrolling interest owner (13,784) (12,187) (15,149)
Western Gas Partners, LP [Member]      
Cash flows from financing activities      
Proceeds from the issuance of common and general partner units, net of offering expenses 0 57,353 691,178
Distributions to noncontrolling interest owners of WES (294,841) (233,178) (176,344)
Western Gas Partners, LP [Member] | Class C Units [Member]      
Cash flows from financing activities      
Proceeds from the issuance of WES Class C and Series A Preferred units 0 0 750,000
Western Gas Partners, LP [Member] | Series A Preferred Units [Member]      
Cash flows from financing activities      
Proceeds from the issuance of WES Class C and Series A Preferred units 686,937 0 0
Affiliates [Member]      
Cash flows from investing activities      
Contributions in aid of construction costs from affiliates 6,135 461 183
Acquisitions (716,465) (10,903) (379,193)
Proceeds from the sale of assets 623 925 402
Affiliates [Member] | Western Gas Partners, LP [Member]      
Cash flows from financing activities      
Distributions to WGP unitholders [7] (5,614) (2,235) (1,747)
Third Parties [Member]      
Cash flows from investing activities      
Acquisitions 0 (3,514) (1,523,327)
Proceeds from the sale of assets $ 45,490 $ 145,916 $ 12,988
[1] Represents amounts earned or incurred on and subsequent to the date of acquisition of WES assets, as well as amounts earned or incurred by Anadarko on a historical basis related to WES assets prior to the acquisition of such assets by WES, recognized under gathering, treating or processing agreements, and purchase and sale agreements.
[2] Includes losses related to an incident at the DBM complex for the year ended December 31, 2015. See Note 1.
[3] Includes losses related to an incident at the DBM complex for the year ended December 31, 2015. See Note 1.
[4] Distributions in excess of cumulative earnings, classified as investing cash flows in the consolidated statements of cash flows, is calculated on an individual investment basis.
[5] See Note 5.
[6] For the year ended December 31, 2014, represents transfers of $4.6 million from other long-term assets associated with the capital lease component of a processing agreement.
[7] Represents distributions paid to other subsidiaries of Anadarko under WES’s partnership agreement (see Note 3 and Note 4).