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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income (loss) $ 512,260 $ 446,737 [1]
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 362,977 270,757 [1]
Impairments 4,294 155,286 [1]
Non-cash equity-based compensation expense 9,489 4,834 [1]
Deferred income taxes 6,601 83,295 [1]
Accretion and amortization of long-term obligations, net 6,499 4,659 [1]
Equity income, net – affiliates (175,483) (133,874) [1]
Distributions from equity investment earnings – affiliates 182,337 125,834 [1]
(Gain) loss on divestiture and other, net 1,403 (351) [1]
(Gain) loss on interest-rate swaps 162,974 0 [1]
Lower of cost or market inventory adjustments 236 184 [1]
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable, net (9,750) (64,853) [1]
Increase (decrease) in accounts and imbalance payables and accrued liabilities, net (69,390) 61,081 [1]
Change in other items, net 32,238 11,606 [1]
Net cash provided by operating activities 1,026,685 965,195 [1]
Cash flows from investing activities    
Capital expenditures (947,266) (1,589,653) [1]
Investments in equity affiliates (108,118) (67,085) [1]
Distributions from equity investments in excess of cumulative earnings – affiliates 21,203 19,816 [1]
Net cash used in investing activities (3,134,643) (1,798,702) [1]
Cash flows from financing activities    
Borrowings, net of debt issuance costs [2] 3,950,750 2,401,097 [1]
Repayments of debt [3] (1,467,595) (1,040,000) [1]
Increase (decrease) in outstanding checks (9,204) (2,687) [1]
Registration expenses related to the issuance of Partnership common units (855) 0 [1]
Distributions to Partnership unitholders [4] (688,193) (372,189) [1]
Net contributions from (distributions to) Anadarko 458,819 156,734 [1]
Above-market component of swap agreements with Anadarko [4] 7,407 40,722 [1]
Finance lease payments – affiliates (253)  
Net cash provided by (used in) financing activities 2,133,246 886,796 [1]
Net increase (decrease) in cash and cash equivalents 25,288 53,289 [1]
Cash and cash equivalents at beginning of period [1] 92,142 79,588
Cash and cash equivalents at end of period 117,430 132,877 [1]
Supplemental disclosures    
Net distributions to (contributions from) Anadarko of other assets 0 (58,835) [1]
Interest paid, net of capitalized interest 232,147 106,538 [1]
Taxes paid (reimbursements received) 96 (87) [1]
Accrued capital expenditures 154,080 296,805 [1]
Chipeta [Member]    
Cash flows from financing activities    
Distributions to Chipeta noncontrolling interest owner (5,200) (9,446) [1]
WES Operating [Member]    
Cash flows from financing activities    
Distributions to noncontrolling interest owner (112,430) (287,435) [1]
Affiliates [Member]    
Cash flows from investing activities    
Acquisitions (2,007,501) (254) [1]
Cash flows from financing activities    
Borrowings, net of debt issuance costs 11,000 265,500
Repayments of debt (439,600)  
Distributions to Partnership unitholders (411,125) (298,818)
Finance lease payments – affiliates (253) 0 [1]
Affiliates [Member] | WES Operating [Member]    
Cash flows from financing activities    
Distributions to Partnership unitholders (13,973) (5,642)
Third Parties [Member]    
Cash flows from investing activities    
Acquisitions (93,303) (161,858) [1]
Proceeds from the sale of assets $ 342 $ 332 [1]
[1]
Financial information has been recast to include the financial position and results attributable to AMA. See Note 1 and Note 3.
[2] For the nine months ended September 30, 2019 and 2018, includes $11.0 million and $265.5 million of borrowings, respectively, under the APCWH Note Payable.
[3]
For the nine months ended September 30, 2019, includes a $439.6 million repayment to settle the APCWH Note Payable. See Note 6.
[4]
See Note 6.