Condensed Consolidating Guarantor Financial Statements (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Statements, Captions [Line Items]

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Guarantor Balance Sheets

	December 31, 2018
	Parent		Guarantors		Non-guarantors		Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	40,064	$	—	$	50,742	$	(4,151	)	$	86,655
Accounts receivable	83		461,980		100,151		—			562,214
Receivable from affiliates	120		18		157		—			295
Inventories	—		49,397		—		—			49,397
Other current assets	6,682		6,711		3,871		—			17,264
Total current assets	46,949		518,106		154,921		(4,151		)	715,825
Property, plant and equipment	6,732		992,974		2,457,620		—			3,457,326
Equity method investments	3,267,581		1,553,360		—		(4,546,932		)	274,009
Goodwill	—		—		257,302		—			257,302
Other intangible assets	5		119,583		245,450		—			365,038
Other noncurrent assets, net	41,981		4,788		94,038		—			140,807
Total assets	$	3,363,248	$	3,188,811	$	3,209,331	$	(4,551,083	)	$	5,210,307
LIABILITIES, PREFERRED STOCK AND OWNERS’ EQUITY
Current liabilities:
Accounts payable	$	38	$	444,984	$	49,770	$	—		$	494,792
Payable to affiliates	1		3,714		—		—			3,715
Accrued liabilities	33,239		18,424		63,430		2			115,095
Other current liabilities	5,723		3,409		14,423		—			23,555
Total current liabilities	39,001		470,531		127,623		2			637,157
Long-term debt	1,467,083		6,315		811,751		(6,315		)	2,278,834
Deferred income taxes	4,882		—		50,907		—			55,789
Other noncurrent liabilities	1,792		—		36,756		—			38,548
Commitments and contingencies
Redeemable preferred stock	359,658		—		—		—			359,658
Owners' equity excluding noncontrolling interest in consolidated subsidiary	1,490,832		2,711,965		1,832,805		(4,544,770		)	1,490,832
Noncontrolling interest in consolidated subsidiary	—		—		349,489		—			349,489
Total owners’ equity	1,490,832		2,711,965		2,182,294		(4,544,770		)	1,840,321
Total liabilities, preferred stock and owners’ equity	$	3,363,248	$	3,188,811	$	3,209,331	$	(4,551,083	)	$	5,210,307

	December 31, 2017
	Parent			Guarantors		Non-guarantors		Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	32,457		$	—	$	69,872	$	(8,630	)	$	93,699
Accounts receivable	(9		)	562,967		90,526		—			653,484
Receivable from affiliates	58			1,421		212		—			1,691
Current assets held for sale	—			—		38,063		—			38,063
Inventories	—			101,665		—		—			101,665
Other current assets	6,671			4,493		3,133		—			14,297
Total current assets	39,177			670,546		201,806		(8,630		)	902,899
Property, plant and equipment	8,086			1,002,982		2,304,063		—			3,315,131
Equity method investments	3,085,274			2,110,299		—		(4,910,292		)	285,281
Goodwill	—			—		257,302		—			257,302
Other intangible assets	10			127,783		270,850		—			398,643
Other noncurrent assets, net	45,587			3,097		83,916		—			132,600
Noncurrent assets held for sale	—			—		84,961		—			84,961
Total assets	$	3,178,134		$	3,914,707	$	3,202,898	$	(4,918,922	)	$	5,376,817
LIABILITIES AND OWNERS’ EQUITY
Current liabilities:
Accounts payable	$	646		$	533,651	$	53,601	$	—		$	587,898
Payable to affiliates	10			6,961		—		—			6,971
Accrued liabilities	38,747			26,092		66,570		(2		)	131,407
Current liabilities held for sale	—			—		23,847		—			23,847
Other current liabilities	1,922			5,532		8,984		—			16,438
Total current liabilities	41,325			572,236		153,002		(2		)	766,561
Long-term debt	1,474,491			572,558		829,236		(23,190		)	2,853,095
Deferred income taxes	1,892			—		44,693		—			46,585
Other noncurrent liabilities	2,061			—		36,434		—			38,495
Noncurrent liabilities held for sale	—			—		13,716		—			13,716
Commitments and contingencies
Total owners’ equity	1,658,365			2,769,913		2,125,817		(4,895,730		)	1,658,365
Total liabilities and owners’ equity	$	3,178,134		$	3,914,707	$	3,202,898	$	(4,918,922	)	$	5,376,817

Condensed Income Statement [Table Text Block]

Condensed Consolidating Guarantor Statements of Operations

	Year Ended December 31, 2018
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	1,876,100		$	31,336		$	—		$	1,907,436
Service	—			140,275			378,489			—			518,764
Lease	—			—			17,549			—			17,549
Other	—			—			59,513			—			59,513
Total revenues	—			2,016,375			486,887			—			2,503,262
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			1,796,716			26,379			—			1,823,095
Operating	—			110,795			173,974			—			284,769
General and administrative	23,580			24,742			43,246			—			91,568
Depreciation and amortization	2,890			76,788			129,576			—			209,254
Loss (gain) on disposal or impairment, net	133,053			(154,302		)	17,686			—			(3,563		)
Total expenses	159,523			1,854,739			390,861			—			2,405,123
Earnings from equity method investments	219,181			73,010			—			(234,519		)	57,672
Operating income	59,658			234,646			96,026			(234,519		)	155,811
Other expenses (income):
Interest expense	68,389			56,217			25,348			(240		)	149,714
Foreign currency transaction (gain) loss	10,246			147			(892		)	—			9,501
Other income, net	(976		)	(138		)	(1,506		)	240			(2,380		)
Total other expenses, net	77,659			56,226			22,950			—			156,835
Income (loss) from continuing operations before income taxes	(18,001		)	178,420			73,076			(234,519		)	(1,024		)
Income tax expense	8,748			—			14,556			—			23,304
Net income (loss)	(26,749		)	178,420			58,520			(234,519		)	(24,328		)
Less: net income attributable to noncontrolling interest	—			—			2,421			—			2,421
Net income (loss) attributable to SemGroup	(26,749		)	178,420			56,099			(234,519		)	(26,749		)
Less: cumulative preferred stock dividends	23,790			—			—			—			23,790
Net income (loss) attributable to common shareholders	$	(50,539	)	$	178,420		$	56,099		$	(234,519	)	$	(50,539	)
Net income (loss)	$	(26,749	)	$	178,420		$	58,520		$	(234,519	)	$	(24,328	)
Other comprehensive income (loss), net of income taxes	(9,420		)	387			11,587			—			2,554
Comprehensive income (loss)	(36,169		)	178,807			70,107			(234,519		)	(21,774		)
Less: comprehensive income attributable to noncontrolling interest	—			—			2,421			—			2,421
Comprehensive income (loss) attributable to SemGroup	$	(36,169	)	$	178,807		$	67,686		$	(234,519	)	$	(24,195	)

	Year Ended December 31, 2017
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	1,468,754		$	153,164		$	—		$	1,621,918
Service	—			149,197			242,069			—			391,266
Lease	—			—			5,843			—			5,843
Other	—			—			62,890			—			62,890
Total revenues	—			1,617,951			463,966			—			2,081,917
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			1,383,868			131,023			—			1,514,891
Operating	—			112,863			141,901			—			254,764
General and administrative	42,422			24,492			46,865			—			113,779
Depreciation and amortization	2,294			70,053			86,074			—			158,421
Loss (gain) on disposal or impairment, net	—			70,681			(57,348		)	—			13,333
Total expenses	44,716			1,661,957			348,515			—			2,055,188
Earnings from equity method investments	68,964			(21,499		)	7,494			12,372			67,331
Operating income (loss)	24,248			(65,505		)	122,945			12,372			94,060
Other expenses (income):
Interest expense	40,053			55,119			8,691			(854		)	103,009
Loss on early extinguishment of debt	19,930			—			—			—			19,930
Foreign currency transaction gain	(2,764		)	—			(1,945		)	—			(4,709		)
Other income, net	(913		)	(33		)	(4,540		)	854			(4,632		)
Total other expenses, net	56,306			55,086			2,206			—			113,598
Income (loss) from continuing operations before income taxes	(32,058		)	(120,591		)	120,739			12,372			(19,538		)
Income tax expense (benefit)	(14,908		)	—			12,520			—			(2,388		)
Income (loss) from continuing operations	(17,150		)	(120,591		)	108,219			12,372			(17,150		)
Net income (loss)	$	(17,150	)	$	(120,591	)	$	108,219		$	12,372		$	(17,150	)
Net income (loss)	$	(17,150	)	$	(120,591	)	$	108,219		$	12,372		$	(17,150	)
Other comprehensive income (loss), net of income taxes	(11,987		)	(573		)	32,673			—			20,113
Comprehensive income (loss)	$	(29,137	)	$	(121,164	)	$	140,892		$	12,372		$	2,963

	Year Ended December 31, 2016
	Parent			Guarantors		Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	872,961	$	136,448		$	—		$	1,009,409
Service	—			162,460		102,570			—			265,030
Other	—			—		57,725			—			57,725
Total revenues	—			1,035,421		296,743			—			1,332,164
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			761,971		111,460			—			873,431
Operating	—			115,431		96,668			—			212,099
General and administrative	22,349			31,196		30,638			—			84,183
Depreciation and amortization	1,647			68,669		28,488			—			98,804
Loss (gain) on disposal or impairment, net	—			16,115		(67		)	—			16,048
Total expenses	23,996			993,382		267,187			—			1,284,565
Earnings from equity method investments	56,815			81,366		—			(64,424		)	73,757
Loss on issuance of common units by equity method investee	(41		)	—		—			—			(41		)
Operating income	32,778			123,405		29,556			(64,424		)	121,315
Other expenses (income):
Interest expense (income)	(4,002		)	72,277		(4,819		)	(806		)	62,650
Foreign currency transaction loss	—			—		4,759			—			4,759
Loss on sale or impairment of non-operated equity method investment, net	30,644			—		—			—			30,644
Other expenses (income), net	(339		)	63		(1,799		)	806			(1,269		)
Total other expenses (income), net	26,303			72,340		(1,859		)	—			96,784
Income from continuing operations before income taxes	6,475			51,065		31,415			(64,424		)	24,531
Income tax expense	4,380			—		6,888			—			11,268
Income from continuing operations	2,095			51,065		24,527			(64,424		)	13,263
Loss from discontinued operations, net of income taxes	—			—		(1		)	—			(1		)
Net income	2,095			51,065		24,526			(64,424		)	13,262
Less: net income attributable to noncontrolling interests	—			11,167		—			—			11,167
Net income attributable to SemGroup	$	2,095		$	39,898	$	24,526		$	(64,424	)	$	2,095
Net income	$	2,095		$	51,065	$	24,526		$	(64,424	)	$	13,262
Other comprehensive income (loss), net of income taxes	7,360			1,223		(23,935		)	—			(15,352		)
Comprehensive income (loss)	9,455			52,288		591			(64,424		)	(2,090		)
Less: comprehensive income attributable to noncontrolling interests	—			11,167		—			—			11,167
Comprehensive income (loss) attributable to SemGroup	$	9,455		$	41,121	$	591		$	(64,424	)	$	(13,257	)

Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Guarantor Statements of Cash Flows

	Year Ended December 31, 2018
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by (used in) operating activities	$	(90,572	)	$	144,902		$	215,374		$	—		$	269,704
Cash flows from investing activities:
Capital expenditures	(1,529		)	(65,798		)	(323,407		)	—			(390,734		)
Proceeds from sale of equity method investment and other long-lived assets	—			664			1,294			—			1,958
Contributions to equity method investments	—			(7,781		)	—			—			(7,781		)
Proceeds from business divestitures	156,499			6,753			(15,465		)	—			147,787
Distributions from equity method investees in excess of equity in earnings	—			19,100			—			—			19,100
Net cash provided by (used in) investing activities	154,970			(47,062		)	(337,578		)	—			(229,670		)
Cash flows from financing activities:
Debt issuance costs	(475		)	—			(4,245		)	—			(4,720		)
Borrowings on credit facilities and issuance of senior unsecured notes	660,000			—			598,500			—			1,258,500
Principal payments on credit facilities and other obligations	(678,865		)	(565,904		)	(595,125		)	—			(1,839,894		)
Equity issuance to noncontrolling interest	350,000			—			—			—			350,000
Distributions to noncontrolling interests	(2,932		)	—			—			—			(2,932		)
Proceeds from preferred stock issuance, net of offering costs	342,299			—			—			—			342,299
Repurchase of common stock for payment of statutory taxes due on equity-based compensation	(705		)	—			—			—			(705		)
Dividends paid	(148,482		)	—			—			—			(148,482		)
Proceeds from issuance of common stock under employee stock purchase plan	930			—			—			—			930
Intercompany borrowings (advances), net	(578,561		)	468,079			106,003			4,479			—
Net cash provided by (used in) financing activities	(56,791		)	(97,825		)	105,133			4,479			(45,004		)
Effect of exchange rate changes on cash and cash equivalents	—			(15		)	(2,059		)	—			(2,074		)
Change in cash and cash equivalents	7,607			—			(19,130		)	4,479			(7,044		)
Cash and cash equivalents at beginning of period	32,457			—			69,872			(8,630		)	93,699
Cash and cash equivalents at end of period	$	40,064		$	—		$	50,742		$	(4,151	)	$	86,655

	Year Ended December 31, 2017
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by (used in) operating activities	$	(46,556	)	$	93,107		$	93,925		$	—		$	140,476
Cash flows from investing activities:
Capital expenditures	(4,554		)	(135,999		)	(322,160		)	—			(462,713		)
Proceeds from sale of long-lived assets	—			15,565			299,256			—			314,821
Contributions to equity method investments	—			(2,888		)	(23,556		)	—			(26,444		)
Payments to acquire business, net of cash acquired	—			—			(294,239		)	—			(294,239		)
Distributions from equity method investments in excess of equity in earnings	—			18,261			10,513			—			28,774
Net cash provided by (used in) investing activities	(4,554		)	(105,061		)	(330,186		)	—			(439,801		)
Cash flows from financing activities:
Debt issuance costs	(11,116		)	—			—			—			(11,116		)
Borrowings on credit facilities and issuance of senior unsecured notes	1,470,377			—			55,000			—			1,525,377
Principal payments on debt and other obligations	(1,049,652		)	(26		)	(2,750		)	—			(1,052,428		)
Debt extinguishment costs	(16,293		)	—			—			—			(16,293		)
Repurchase of common stock	(1,473		)	—			—			—			(1,473		)
Dividends paid	(129,925		)	—			—			—			(129,925		)
Proceeds from issuance of common stock under employee stock purchase plan	1,114			—			—			—			1,114
Intercompany borrowings (advances), net	(198,467		)	11,980			190,535			(4,048		)	—
Net cash provided by (used in) financing activities	64,565			11,954			242,785			(4,048		)	315,256
Effect of exchange rate changes on cash and cash equivalents	—			—			3,552			—			3,552
Change in cash and cash equivalents	13,455			—			10,076			(4,048		)	19,483
Cash and cash equivalents at beginning of period	19,002			—			59,796			(4,582		)	74,216
Cash and cash equivalents at end of period	$	32,457		$	—		$	69,872		$	(8,630	)	$	93,699

	Year Ended December 31, 2016
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by operating activities	$	84,460		$	79,054		$	65,282		$	(58,822	)	$	169,974
Cash flows from investing activities:
Capital expenditures	(2,928		)	(56,102		)	(253,426		)	—			(312,456		)
Proceeds from sale of long-lived assets	—			53			98			—			151
Contributions to equity method investments	—			(4,188		)	—			—			(4,188		)
Proceeds from sale of common units of equity method investee	60,483			—			—			—			60,483
Distributions from equity method investments in excess of equity in earnings	—			27,726			—			—			27,726
Net cash provided by (used in) investing activities	57,555			(32,511		)	(253,328		)	—			(228,284		)
Cash flows from financing activities:
Debt issuance costs	(7,728		)	—			—			—			(7,728		)
Borrowings on credit facilities and issuance of senior unsecured notes	382,500			—			—			—			382,500
Principal payments on credit facilities and other obligations	(396,859		)	(31		)	—			—			(396,890		)
Distributions to noncontrolling interests	—			(32,133		)	—			—			(32,133		)
Proceeds from issuance of common shares, net of offering costs	223,025			—			—			—			223,025
Repurchase of common stock	(965		)	—			—			—			(965		)
Dividends paid	(92,910		)	—			—			—			(92,910		)
Proceeds from issuance of common stock under employee stock purchase plan	1,010			—			—			—			1,010
Intercompany borrowings (advances), net	(235,645		)	(23,437		)	203,278			55,804			—
Net cash provided by (used in) financing activities	(127,572		)	(55,601		)	203,278			55,804			75,909
Effect of exchange rate changes on cash and cash equivalents	—			—			(1,479		)	—			(1,479		)
Change in cash and cash equivalents	14,443			(9,058		)	13,753			(3,018		)	16,120
Cash and cash equivalents at beginning of period	4,559			9,058			46,043			(1,564		)	58,096
Cash and cash equivalents at end of period	$	19,002		$	—		$	59,796		$	(4,582	)	$	74,216