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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 286,656 $ 201,999
Accounts receivable, net 554,263 436,513
Other current assets 59,506 46,252
Total current assets 900,425 684,764
Property, plant, and equipment    
Cost 13,365,593 12,846,078
Less accumulated depreciation 4,823,993 4,333,171
Net property, plant, and equipment 8,541,600 8,512,907
Goodwill 4,783 4,783
Other intangible assets 713,075 744,742
Equity investments 944,696 1,167,187
Other assets [1] 167,049 158,696
Total assets [2] 11,271,628 11,273,079
Current liabilities    
Accounts and imbalance payables 360,562 326,061
Short-term debt 215,780 505,932
Accrued ad valorem taxes 72,875 44,955
Accrued liabilities 254,640 263,249
Total current liabilities 903,857 1,140,197
Long-term liabilities    
Long-term debt 6,569,582 6,400,616
Deferred income taxes 14,424 12,425
Asset retirement obligations 290,021 298,275
Other liabilities 385,629 325,806
Total long-term liabilities 7,259,656 7,037,122
Total liabilities [3] 8,163,513 8,177,319
Equity and partners' capital    
Common units (384,070,984 and 402,993,919 units issued and outstanding at December 31, 2022 and 2021, respectively) 2,969,604 2,966,955
General partner units (9,060,641 units issued and outstanding at December 31, 2022 and 2021) 2,105 (8,882)
Total partners' capital 2,971,709 2,958,073
Noncontrolling interests 136,406 137,687
Total equity and partners' capital 3,108,115 3,095,760
Total liabilities, equity, and partners' capital $ 11,271,628 $ 11,273,079
Common units issued 384,070,984 402,993,919
Common units outstanding 384,070,984 402,993,919
General partner units issued 9,060,641 9,060,641
General partner units outstanding 9,060,641 9,060,641
[1] Other assets includes $6.5 million and $9.8 million of NGLs line-fill inventory as of December 31, 2022 and 2021, respectively. Other assets also includes $60.4 million and $56.2 million of materials and supplies inventory as of December 31, 2022 and 2021, respectively.
[2] Total assets includes related-party amounts of $1.3 billion and $1.4 billion as of December 31, 2022 and 2021, respectively, which includes related-party Accounts receivable, net of $313.9 million and $180.2 million as of December 31, 2022 and 2021, respectively. See Note 6.
[3] Total liabilities includes related-party amounts of $312.3 million and $270.5 million as of December 31, 2022 and 2021, respectively. See Note 6.