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Consolidated Statements of Cash Flows - WES Operating - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities      
Net income (loss) $ 516,852 $ 807,700 $ 630,654
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 491,086 483,255 389,164
Long-lived asset and other impairments 203,889 6,279 230,584
Goodwill impairment 441,017 0 0
Non-cash equity-based compensation expense 22,462 15,494 6,431
Deferred income taxes 3,296 7,609 139,048
Accretion and amortization of long-term obligations, net 8,654 8,441 5,943
Equity income, net – related parties (226,750) (237,518) (195,469)
Distributions from equity-investment earnings – related parties 246,637 234,572 187,392
(Gain) loss on divestiture and other, net (8,634) 1,406 (1,312)
(Gain) loss on early extinguishment of debt (11,234) 0 0
(Gain) loss on interest-rate swaps 0 125,334 7,972
Cash paid to settle interest-rate swaps (25,621) (107,685) 0
Other 193 236 752
Changes in assets and liabilities:      
(Increase) decrease in accounts receivable, net (193,688) (45,033) (60,502)
Increase (decrease) in accounts and imbalance payables and accrued liabilities, net 144,437 (30,866) 45,605
Change in other items, net 24,822 54,876 (38,087)
Net cash provided by operating activities 1,637,418 1,324,100 1,348,175
Cash flows from investing activities      
Capital expenditures (423,091) (1,188,829) (1,948,595)
Contributions to equity investments – related parties (19,388) (128,393) (133,629)
Distributions from equity investments in excess of cumulative earnings – related parties 32,160 30,256 29,585
Proceeds from the sale of assets to third parties 20,333 342 3,938
Additions to materials and supplies inventory and other (57,757) 0 0
Net cash used in investing activities (448,254) (3,387,853) (2,210,813)
Cash flows from financing activities      
Borrowings, net of debt issuance costs [1] 3,681,173 4,169,695 2,671,337
Repayments of debt [2] (3,803,888) (1,467,595) (1,040,000)
Increase (decrease) in outstanding checks 20,699 1,571 (3,206)
Distributions to WES Operating unitholders [3] (695,834) (969,073) (502,457)
Net contributions from (distributions to) related parties 24,466 458,819 97,755
Above-market component of swap agreements with Anadarko [3] 0 7,407 51,618
Finance lease payments [4] (14,207) (508) 0
Net cash provided by (used in) financing activities (844,204) 2,071,573 875,192
Net increase (decrease) in cash and cash equivalents 344,960 7,820 12,554
Cash and cash equivalents at beginning of period 99,962 92,142 79,588
Cash and cash equivalents at end of period 444,922 99,962 92,142
Supplemental disclosures      
Non-cash Consideration Transferred to Related Party [3] (261,878) 0 0
Net distributions to (contributions from) Anadarko of other assets (24,466) [5] 90 (58,835)
Interest paid, net of capitalized interest 349,913 293,795 140,720
Taxes paid (reimbursements received) (384) 96 2,408
Accrued capital expenditures 25,126 140,954 274,632
Chipeta [Member]      
Cash flows from financing activities      
Distributions to Chipeta noncontrolling interest owner (8,644) (9,663) (13,529)
Related Parties [Member]      
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
(Gain) loss on divestiture and other, net 2,870 0 0
Cash flows from investing activities      
Acquisitions 0 (2,007,926) (254)
Cash flows from financing activities      
Borrowings, net of debt issuance costs   11,000 321,800
Repayments of debt   (439,600)  
Distributions to WES Operating unitholders (367,861) (566,868) (400,194)
Finance lease payments (6,382) (508) 0
Supplemental disclosures      
Net distributions to (contributions from) Anadarko of other assets 0 90 (58,835)
Accrued capital expenditures 2,000    
Third Parties [Member]      
Cash flows from investing activities      
Acquisitions (511) (93,303) (161,858)
WES Operating [Member]      
Cash flows from operating activities      
Net income (loss) 520,387 814,685 636,526
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 491,086 483,255 389,164
Long-lived asset and other impairments 203,889 6,279 230,584
Goodwill impairment 441,017 0 0
Non-cash equity-based compensation expense 14,604 14,235 6,153
Deferred income taxes 3,296 7,609 139,048
Accretion and amortization of long-term obligations, net 8,654 8,421 5,142
Equity income, net – related parties (226,750) (237,518) (195,469)
Distributions from equity-investment earnings – related parties 246,637 234,572 187,392
(Gain) loss on divestiture and other, net (8,634) 1,406 (1,312)
(Gain) loss on early extinguishment of debt (11,234) 0 0
(Gain) loss on interest-rate swaps 0 125,334 7,972
Cash paid to settle interest-rate swaps (25,621) (107,685) 0
Other 193 236 752
Changes in assets and liabilities:      
(Increase) decrease in accounts receivable, net (147,041) (44,939) (60,460)
Increase (decrease) in accounts and imbalance payables and accrued liabilities, net 105,352 (29,745) 44,424
Change in other items, net 24,816 56,044 (37,802)
Net cash provided by operating activities 1,640,651 1,332,189 1,352,114
Cash flows from investing activities      
Capital expenditures (423,091) (1,188,829) (1,948,595)
Contributions to equity investments – related parties (19,388) (128,393) (133,629)
Distributions from equity investments in excess of cumulative earnings – related parties 32,160 30,256 29,585
Proceeds from the sale of assets to third parties 20,333 342 3,938
Additions to materials and supplies inventory and other (57,757) 0 0
Net cash used in investing activities (448,254) (3,387,853) (2,210,813)
Cash flows from financing activities      
Borrowings, net of debt issuance costs [6] 3,681,173 4,169,695 2,671,344
Repayments of debt [7] (3,803,888) (1,439,595) (1,040,000)
Increase (decrease) in outstanding checks 20,664 1,571 (3,206)
Distributions to WES Operating unitholders [8] (771,546) (1,124,388) (893,649)
Net contributions from (distributions to) related parties 24,466 458,819 97,755
Above-market component of swap agreements with Anadarko [8] 0 7,407 51,618
Finance lease payments [9] (14,207) (508) 0
Net cash provided by (used in) financing activities (871,982) 2,063,338 870,333
Net increase (decrease) in cash and cash equivalents 320,415 7,674 11,634
Cash and cash equivalents at beginning of period 98,122 90,448 78,814
Cash and cash equivalents at end of period 418,537 98,122 90,448
Supplemental disclosures      
Non-cash Consideration Transferred to Related Party [8] (261,878) 0 0
Net distributions to (contributions from) Anadarko of other assets (24,466) [10] 90 (58,835)
Interest paid, net of capitalized interest 349,913 293,561 139,482
Taxes paid (reimbursements received) (384) 96 2,408
Accrued capital expenditures 25,126 140,954 274,632
WES Operating [Member] | Chipeta [Member]      
Cash flows from financing activities      
Distributions to Chipeta noncontrolling interest owner (8,644) (9,663) (13,529)
WES Operating [Member] | Related Parties [Member]      
Cash flows from investing activities      
Acquisitions 0 (2,007,926) (254)
Cash flows from financing activities      
Borrowings, net of debt issuance costs   11,000 321,800
Repayments of debt   (439,600)  
Distributions to WES Operating unitholders (771,546) (1,025,931) (514,906)
Finance lease payments (6,400)    
Supplemental disclosures      
Net distributions to (contributions from) Anadarko of other assets 0 90 (58,835)
WES Operating [Member] | Third Parties [Member]      
Cash flows from investing activities      
Acquisitions $ (511) $ (93,303) $ (161,858)
[1] For the years ended December 31, 2019 and 2018, includes $11.0 million and $321.8 million of borrowings, respectively, under the APCWH Note Payable.
[2] For the year ended December 31, 2019, includes a $439.6 million repayment to settle the APCWH Note Payable. See Note 6.
[3] See Note 6.
[4] For the year ended December 31, 2020, includes related-party payments of $6.4 million.
[5] See December 2019 Agreements—Services, Secondment, and Employee Transfer Agreement within Note 1.
[6] For the years ended December 31, 2019 and 2018, includes $11.0 million and $321.8 million of borrowings, respectively, under the APCWH Note Payable.
[7] For the year ended December 31, 2019, includes a $439.6 million repayment to settle the APCWH Note Payable. See Note 6.
[8] See Note 6.
[9] For the year ended December 31, 2020, includes related-party payments of $6.4 million.
[10] See December 2019 Agreements—Services, Secondment, and Employee Transfer Agreement within Note 1.