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Revenue from Contracts with Customers (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Summary of Revenue from Contracts with Customers Table
The following table summarizes revenue from contracts with customers:
 Three Months Ended 
March 31,
thousands20252024
Revenue from customers
Service revenues – fee based$823,197 $781,262 
Service revenues – product based59,252 66,740 
Product sales34,469 39,292 
Total revenue from customers916,918 887,294
Revenue from other than customers
Other198 435 
Total revenues and other$917,116 $887,729 
Contract Balances Tables The following table summarizes activity related to contract assets from contracts with customers:
thousands
Contract assets balance at December 31, 2024
$43,186 
Amounts transferred to Accounts receivable, net that were included in the contract assets balance at the beginning of the period(1,822)
Additional estimated revenues recognized2,055 
Contract assets balance at March 31, 2025
$43,419 
Contract assets at March 31, 2025
Other current assets$15,415 
Other assets28,004 
Total contract assets from contracts with customers$43,419 
The following table summarizes activity related to contract liabilities from contracts with customers:
thousands
Contract liabilities balance at December 31, 2024
$610,571 
Cash received or receivable, excluding revenues recognized during the period33,735 
Revenues recognized that were included in the contract liability balance at the beginning of the period(3,867)
Contract liabilities balance at March 31, 2025
$640,439 
Contract liabilities at March 31, 2025
Accrued liabilities$10,878 
Other liabilities629,561 
Total contract liabilities from contracts with customers$640,439 
Expected Revenue Recognition from Satisfaction of Performance Obligations Table Therefore, the following table represents only a portion of expected future revenues from existing contracts, as most future revenues from customers are dependent on future variable customer volumes and, in some cases, variable commodity prices for those volumes.
thousands
Remainder of 2025$845,146 
20261,163,984 
20271,143,131 
2028959,144 
20291,459,072 
Thereafter1,769,243 
Total$7,339,720