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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
[1]
Sep. 30, 2018
[1]
Jun. 30, 2018
[1]
Mar. 31, 2018
[1]
Dec. 31, 2017
[1]
Current assets                
Cash and cash equivalents $ 117,430     $ 92,142 $ 132,877     $ 79,588
Accounts receivable, net [2] 232,818     221,164        
Other current assets [3] 42,990     31,458        
Total current assets 393,238     344,764        
Note receivable - Anadarko 260,000     260,000        
Property, plant, and equipment                
Cost 12,109,923     11,258,773        
Less accumulated depreciation 3,176,089     2,848,420        
Net property, plant, and equipment 8,933,834     8,410,353        
Goodwill 445,800     445,800        
Other intangible assets 817,395     841,408        
Equity investments 1,264,695     1,092,088        
Other assets [4] 63,263     62,792        
Total assets 12,178,225     11,457,205        
Current liabilities                
Accounts and imbalance payables 273,579     443,343        
Short-term debt [5] 8,128     28,000        
Accrued ad valorem taxes 45,771     36,986        
Accrued liabilities 269,394     129,148        
Total current liabilities 596,872     637,477        
Long-term liabilities                
Long-term debt 7,730,502     4,787,381        
APCWH Note Payable [6] 0     427,493        
Deferred income taxes 17,890     280,017        
Asset retirement obligations 319,178     300,024        
Other liabilities [7] 178,708     132,130        
Total long-term liabilities 8,246,278     5,927,045        
Total liabilities 8,843,150     6,564,522        
Equity and partners' capital                
Common units (453,032,050 and 218,937,797 units issued and outstanding at September 30, 2019, and December 31, 2018, respectively) 3,182,917     951,888        
Net investment by Anadarko 0     1,388,018        
Total partners' capital 3,182,917     2,339,906        
Noncontrolling interests 152,158     2,552,777        
Total equity and partners' capital 3,335,075 $ 3,491,210 $ 3,591,541 4,892,683 $ 4,989,843 $ 4,946,670 $ 4,994,493 $ 4,995,050
Total liabilities, equity and partners' capital $ 12,178,225     $ 11,457,205        
[1]
Financial information has been recast to include the financial position and results attributable to AMA. See Note 1 and Note 3.
[2]
Accounts receivable, net includes amounts receivable from affiliates (as defined in Note 1) of $91.9 million and $72.6 million as of September 30, 2019, and December 31, 2018, respectively.
[3] Other current assets includes affiliate amounts of $0.8 million and $3.7 million as of September 30, 2019, and December 31, 2018, respectively.
[4]
Other assets includes affiliate amounts of $44.3 million and $42.2 million as of September 30, 2019, and December 31, 2018, respectively. Other assets also includes $3.6 million and $5.3 million of NGLs line fill as of September 30, 2019, and December 31, 2018, respectively.
[5]
As of September 30, 2019, all amounts are considered affiliate. See Note 11.
[6]
See Note 1 and Note 6.
[7] Other liabilities includes affiliate amounts of $87.0 million and $47.8 million as of September 30, 2019, and December 31, 2018, respectively.