XML 28 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues and Other      
Revenues and other [1] $ 2,772,592 $ 2,746,174 $ 2,299,658
Equity income, net – related parties 226,750 237,518 195,469
Operating expenses      
Cost of product 188,088 444,247 415,505
Operation and maintenance 580,874 641,219 480,861
General and administrative 155,769 114,591 67,195
Property and other taxes 68,340 61,352 51,848
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
Total operating expenses [2] 2,129,063 1,750,943 1,635,157
Gain (loss) on divestiture and other, net 8,634 (1,406) 1,312
Operating income (loss) 878,913 1,231,343 861,282
Interest income – Anadarko note receivable 11,736 16,900 16,900
Interest expense (380,058) (303,286) (183,831)
Gain (loss) on early extinguishment of debt 11,234 0 0
Other income (expense), net [3] 1,025 (123,785) (4,763)
Income (loss) before income taxes 522,850 821,172 689,588
Income tax expense (benefit) 5,998 13,472 58,934
Net income (loss) 516,852 807,700 630,654
Net income (loss) attributable to noncontrolling interests (10,160) 110,459 79,083
Net income (loss) attributable to Western Midstream Partners, LP 527,012 697,241 551,571
Limited partners' interest in net income (loss):      
Net income (loss) attributable to Western Midstream Partners, LP 527,012 697,241 551,571
Pre-acquisition net (income) loss allocated to Anadarko 0 (29,279) (182,142)
General partner interest in net (income) loss (11,104) (5,637) 0
Limited partners' interest in net income (loss) [4] $ 515,908 $ 662,325 $ 369,429
Limited Partner [Member]      
Limited partners' interest in net income (loss):      
Net income (loss) per common unit - basic and diluted $ 1.18 [4] $ 1.59 [4] $ 1.69
Weighted-average common units outstanding - basic and diluted 435,554 415,794 218,936
Service Revenues - Fee Based [Member]      
Revenues and Other      
Revenues and other $ 2,584,323 $ 2,388,191 $ 1,905,728
Service Revenues - Product Based [Member]      
Revenues and Other      
Revenues and other 48,369 70,127 88,785
Product Sales [Member]      
Revenues and Other      
Revenues and other 138,559 286,388 303,020
Other [Member]      
Revenues and Other      
Revenues and other $ 1,341 $ 1,468 $ 2,125
[1] Total revenues and other includes related-party amounts of $1.8 billion, $1.6 billion, and $1.4 billion for the years ended December 31, 2020, 2019, and 2018, respectively. See Note 6.
[2] Total operating expenses includes related-party amounts of $182.7 million, $503.2 million, and $334.2 million for the years ended December 31, 2020, 2019, and 2018, respectively. See Note 6.
[3] Other income (expense), net includes losses associated with the interest-rate swap agreements for the years ended December 31, 2019 and 2018. See Note 13.
[4] See Note 5.