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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 177,288 $ 1,090,464
Accounts receivable, net 682,673 701,838
Other current assets 57,090 54,888
Total current assets 917,051 1,847,190
Property, plant, and equipment    
Cost 15,985,933 15,509,910
Less accumulated depreciation 6,259,586 5,795,301
Net property, plant, and equipment 9,726,347 9,714,609
Goodwill 4,783 4,783
Other intangible assets 625,990 649,740
Equity investments 510,628 541,435
Other assets 340,553 387,028
Total assets [1] 12,125,352 13,144,785
Current liabilities    
Accounts and imbalance payables 297,029 312,945
Short-term debt 13,062 1,011,032
Accrued ad valorem taxes 51,035 38,319
Accrued liabilities 279,346 329,398
Total current liabilities 640,472 1,691,694
Long-term liabilities    
Long-term debt 6,924,291 6,926,647
Deferred income taxes 31,915 29,679
Asset retirement obligations 389,829 370,195
Other liabilities 810,209 751,400
Total long-term liabilities 8,156,244 8,077,921
Total liabilities [2] 8,796,716 9,769,615
Equity and partners' capital    
Common units (381,333,269 and 380,556,643 units issued and outstanding at September 30, 2025, and December 31, 2024, respectively) 3,172,802 3,224,802
General partner units (9,060,641 units issued and outstanding at September 30, 2025, and December 31, 2024) 9,370 10,803
Total partners' capital 3,182,172 3,235,605
Noncontrolling interests 146,464 139,565
Total equity and partners' capital 3,328,636 3,375,170
Total liabilities, equity, and partners' capital $ 12,125,352 $ 13,144,785
Common units issued 381,333,269 380,556,643
Common units outstanding 381,333,269 380,556,643
General partner units issued 9,060,641 9,060,641
General Partners' Capital Account, Units Outstanding 9,060,641 9,060,641
[1] Total assets includes related-party amounts of $965.4 million and $991.1 million as of September 30, 2025, and December 31, 2024, respectively, which includes related-party Accounts receivable, net of $412.9 million and $401.3 million as of September 30, 2025, and December 31, 2024, respectively. See Note 6.
[2] Total liabilities includes related-party amounts of $634.8 million and $529.7 million as of September 30, 2025, and December 31, 2024, respectively, which includes related-party Accounts and imbalance payable of $32.8 million and $20.6 million as of September 30, 2025, and December 31, 2024, respectively. See Note 6.