XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 344,119 $ 272,787
Accounts receivable, net 684,317 666,637
Other current assets 39,854 52,986
Total current assets 1,068,290 992,410
Property, plant, and equipment    
Cost 15,147,641 14,945,431
Less accumulated depreciation 5,503,228 5,290,415
Net property, plant, and equipment 9,644,413 9,655,016
Goodwill 4,783 4,783
Other intangible assets 665,574 681,408
Equity investments 540,539 904,535
Other assets [1] 256,902 233,455
Total assets [2] 12,180,501 12,471,607
Current liabilities    
Accounts and imbalance payables 364,805 362,451
Short-term debt 8,507 617,748
Accrued ad valorem taxes 34,751 61,285
Accrued liabilities 226,057 262,572
Total current liabilities 634,120 1,304,056
Long-term liabilities    
Long-term debt 7,138,092 7,283,556
Deferred income taxes 15,727 15,468
Asset retirement obligations 371,501 359,185
Other liabilities 597,052 480,212
Total long-term liabilities 8,122,372 8,138,421
Total liabilities [3] 8,756,492 9,442,477
Equity and partners' capital    
Common units (380,491,374 and 379,519,983 units issued and outstanding at June 30, 2024, and December 31, 2023, respectively) 3,271,033 2,894,231
General partner units (9,060,641 units issued and outstanding at June 30, 2024, and December 31, 2023) 12,192 3,193
Total partners' capital 3,283,225 2,897,424
Noncontrolling interests 140,784 131,706
Total equity and partners' capital 3,424,009 3,029,130
Total liabilities, equity, and partners' capital $ 12,180,501 $ 12,471,607
Common units issued 380,491,374 379,519,983
Common units outstanding 380,491,374 379,519,983
General partner units issued 9,060,641 9,060,641
General partner units outstanding 9,060,641 9,060,641
[1] Other assets includes $5.2 million and $5.7 million of NGLs line-fill inventory as of June 30, 2024, and December 31, 2023, respectively. Other assets also includes $120.6 million and $96.3 million of materials and supplies inventory as of June 30, 2024, and December 31, 2023, respectively.
[2] Total assets includes related-party amounts of $954.4 million and $1.3 billion as of June 30, 2024, and December 31, 2023, respectively, which includes related-party Accounts receivable, net of $369.1 million and $358.1 million as of June 30, 2024, and December 31, 2023, respectively. See Note 6.
[3] Total liabilities includes related-party amounts of $490.5 million and $378.8 million as of June 30, 2024, and December 31, 2023, respectively. See Note 6.