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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 285,498 $ 93,699
Accounts receivable (net of allowance of $1,788 and $2,628, respectively) 535,705 653,484
Receivable from affiliates 937 1,691
Inventories 81,542 101,665
Current assets held for sale 2,501 38,063
Other current assets 17,341 14,297
Total current assets 923,524 902,899
Property, plant and equipment (net of accumulated depreciation of $483,904 and $444,842, respectively) 3,380,574 3,315,131
Equity method investments 279,054 285,281
Goodwill 257,302 257,302
Other intangible assets (net of accumulated amortization of $64,810 and $56,409, respectively) 390,242 398,643
Other noncurrent assets 142,845 132,600
Noncurrent assets held for sale 65,784 84,961
Total assets 5,439,325 5,376,817
Current liabilities:    
Accounts payable 492,507 587,898
Payable to affiliates 2,321 6,971
Accrued liabilities 100,373 131,407
Deferred revenue 8,312 7,518
Current liabilities held for sale 2,434 23,847
Other current liabilities 19,184 3,395
Long-term debt, net 5,527 5,525
Total current liabilities 630,658 766,561
Long-term debt, net 2,733,957 2,853,095
Deferred income taxes 60,551 46,585
Other noncurrent liabilities 37,384 38,495
Noncurrent liabilities held for sale 14,258 13,716
Commitments and contingencies (Note 7)
Preferred stock, $0.01 par value, $350,000 liquidation preference (authorized - 4,000 shares; issued - 350 and 0 shares, respectively) 342,354 0
SemGroup owners’ equity:    
Common stock, $0.01 par value (authorized - 100,000 shares; issued - 79,062 and 79,708 shares, respectively) 785 786
Additional paid-in capital 1,735,646 1,770,117
Treasury stock, at cost (35 and 1,024 shares, respectively) (381) (8,031)
Accumulated deficit (80,257) (50,706)
Accumulated other comprehensive loss (35,630) (53,801)
Total owners’ equity 1,620,163 1,658,365
Total liabilities, preferred stock and owners’ equity $ 5,439,325 $ 5,376,817