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Consolidated Statements of Equity and Partners' Capital - USD ($)
$ in Thousands
Total
Chipeta [Member]
WES Operating [Member]
Net Investment by Anadarko [Member]
Common Units [Member]
General Partner [Member]
Noncontrolling Interests [Member]
Noncontrolling Interests [Member]
Chipeta [Member]
Noncontrolling Interests [Member]
WES Operating [Member]
Balance at Dec. 31, 2016 $ 4,872,656     $ 761,890 $ 1,048,143 $ 0 $ 3,062,623    
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Net income (loss) 737,385     164,183 376,607   196,595    
Above-market component of swap agreements with Anadarko [1] 58,551       58,551        
WES Operating equity transactions, net [2] (183)       6,615   (6,798)    
Distributions to noncontrolling interest owners   $ (13,569) $ (355,623)         $ (13,569) $ (355,623)
Distributions to Partnership unitholders (441,967)       (441,967)        
Acquisitions from affiliates 0     (1,263) 1,263        
Revision to Deferred purchase price obligation - Anadarko [3] 4,165       4,165        
Contributions of equity-based compensation from Anadarko/Occidental 4,587       4,587        
Net pre-acquisition contributions from (distributions to) Anadarko 126,866     126,866          
Net contributions (distributions) of other assets 3,189       3,189        
Adjustments of net deferred tax liabilities (1,505)     (1,505)          
Other 498       (28)   526    
Balance at Dec. 31, 2017 4,995,050     1,050,171 1,061,125 0 2,883,754    
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Net income (loss) 630,654     182,142 369,429   79,083    
Above-market component of swap agreements with Anadarko [1] 51,618       51,618        
WES Operating equity transactions, net [2] 0       (19,577)   19,577    
Distributions to noncontrolling interest owners   (13,529) (386,326)         (13,529) (386,326)
Distributions to Partnership unitholders (502,457)       (502,457)        
Contributions of equity-based compensation from Anadarko/Occidental 5,741       5,741        
Net pre-acquisition contributions from (distributions to) Anadarko 97,755     97,755          
Net contributions (distributions) of other assets 58,835     58,835          
Adjustments of net deferred tax liabilities (1,514)     (1,514)          
Other 606       209   397    
Balance at Dec. 31, 2018 4,892,683     1,388,018 951,888 0 2,552,777    
Increase (Decrease) in Partners' Capital [Roll Forward]                  
Cumulative effect of accounting change [4] (43,750)     629 (14,200)   (30,179)    
Net income (loss) 807,700     29,279 662,325 5,637 110,459    
Above-market component of swap agreements with Anadarko [1] 7,407       7,407        
WES Operating equity transactions, net [2] 0       (755,197)   755,197    
Distributions to noncontrolling interest owners   $ (9,663) $ (118,225)         $ (9,663) $ (118,225)
Distributions to Partnership unitholders (969,073)       (969,073)        
Acquisitions from affiliates [5] (2,007,501)     (2,149,218) 112,872   28,845    
Contributions of equity-based compensation from Anadarko/Occidental 13,968       13,968        
Net pre-acquisition contributions from (distributions to) Anadarko 458,819     458,819          
Net contributions (distributions) of other assets (90)       (90)        
Adjustments of net deferred tax liabilities 268,727     273,102 (4,375)        
Other 541       561   (20)    
Cumulative impact of the Merger transactions [6] 0       3,169,800   (3,169,800)    
Issuance of general partner units [6] 0       19,861 (19,861)      
Balance at Dec. 31, 2019 $ 3,345,293     $ 0 $ 3,209,947 $ (14,224) $ 149,570    
[1]
See Note 6.
[2]
For the years ended December 31, 2019, 2018, and 2017, the $(755.2) million, $(19.6) million, and $6.6 million increase (decrease) to partners’ capital, respectively, together with net income (loss) attributable to Western Midstream Partners, LP, totaled $(58.0) million, $532.0 million, and $547.4 million, respectively.
[3]
See Note 3.
[4]
Includes the adoption of Revenue from Contracts with Customers (Topic 606) on January 1, 2018. See Note 1.
[5]
The amounts allocated to common unitholders and noncontrolling interests represent a non-cash investing activity related to the assets and liabilities assumed in the AMA acquisition.
[6]
See Note 1.