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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current assets        
Cash and cash equivalents $ 99,962 $ 92,142 $ 79,588 $ 359,072
Accounts receivable, net [1] 260,512 221,164    
Other current assets [2] 41,938 31,458    
Total current assets 402,412 344,764    
Note receivable - Anadarko 260,000 260,000    
Property, plant, and equipment        
Cost 12,355,671 11,258,773    
Less accumulated depreciation 3,290,740 2,848,420    
Net property, plant, and equipment 9,064,931 8,410,353    
Goodwill 445,800 445,800    
Other intangible assets 809,391 841,408    
Equity investments 1,285,717 1,092,088 817,352  
Other assets [3] 78,202 62,792    
Total assets 12,346,453 11,457,205    
Current liabilities        
Accounts and imbalance payables 293,128 443,343    
Short-term debt [4] 7,873 28,000    
Accrued ad valorem taxes 35,160 36,986    
Accrued liabilities [5] 149,793 129,148    
Total current liabilities 485,954 637,477    
Long-term liabilities        
Long-term debt 7,951,565 4,787,381    
APCWH Note Payable [6] 0 427,493    
Deferred income taxes 18,899 280,017    
Asset retirement obligations 336,396 300,024    
Other liabilities [7] 208,346 132,130    
Total long-term liabilities 8,515,206 5,927,045    
Total liabilities 9,001,160 6,564,522    
Equity and partners' capital        
Common units (443,971,409 and 218,937,797 units issued and outstanding at December 31, 2019 and 2018, respectively) 3,209,947 951,888    
General partner units (9,060,641 and zero units issued and outstanding at December 31, 2019 and 2018, respectively) [8] (14,224) 0    
Net investment by Anadarko 0 1,388,018    
Total partners' capital 3,195,723 2,339,906    
Noncontrolling interests 149,570 2,552,777    
Total equity and partners' capital 3,345,293 4,892,683 $ 4,995,050 $ 4,872,656
Total liabilities, equity and partners' capital $ 12,346,453 $ 11,457,205    
[1]
Accounts receivable, net includes amounts receivable from affiliates (as defined in Note 1) of $113.3 million and $72.6 million as of December 31, 2019 and 2018, respectively.
[2] Other current assets includes affiliate amounts of $5.0 million and $3.7 million as of December 31, 2019 and 2018, respectively.
[3]
Other assets includes affiliate amounts of $60.2 million and $42.2 million as of December 31, 2019 and 2018, respectively. Other assets also includes $4.5 million and $5.3 million of NGLs line fill as of December 31, 2019 and 2018, respectively.
[4]
As of December 31, 2019, all amounts are considered affiliate. See Note 14.
[5]
Accrued liabilities includes affiliate amounts of $3.1 million and $2.2 million as of December 31, 2019 and 2018, respectively.
[6]
See Note 1 and Note 6.
[7]
Other liabilities includes affiliate amounts of $97.8 million and $47.8 million as of December 31, 2019 and 2018, respectively.
[8]
See Note 1.