Operating Segments (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment Information

Segment Information (in millions)

	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018 (a)			2019			2018 (a)
Revenues
Terminalling and Transportation:
Terminalling	$	248		$	209		$	493		$	408
Pipeline transportation	47			40			93			71
Other revenues	2			1			4			3
Total Terminalling and Transportation	297			250			590			482
Gathering and Processing:
NGL sales	94			95			216			199
Gas gathering and processing	75			82			145			167
Crude oil and water gathering	79			80			176			155
Pass-thru and other	36			44			68			79
Total Gathering and Processing	284			301			605			600
Wholesale:
Fuel sales	17			15			29			24
Other wholesale	6			10			16			18
Total Wholesale	23			25			45			42
Intersegment wholesale revenues	(3		)	(7		)	(9		)	(9		)
Total Revenues	$	601		$	569		$	1,231		$	1,115
Segment Operating Income
Terminalling and Transportation	$	146		$	107		$	298		$	211
Gathering and Processing	59			69			122			146
Wholesale	12			11			17			15
Total Segment Operating Income	217			187			437			372
Unallocated general and administrative expenses	(10		)	(7		)	(19		)	(15		)
Operating Income	207			180			418			357
Interest and financing costs, net	(63		)	(60		)	(124		)	(115		)
Equity in earnings of equity method investments	9			10			16			18
Other income, net	7			2			7			3
Net Earnings	$	160		$	132		$	317		$	263

(a) Adjusted to include the historical results of the Predecessors. See Note 1 for further discussion.

	Three Months Ended June 30,				Six Months Ended June 30,
	2019		2018 (a)		2019		2018 (a)
Depreciation and Amortization Expenses
Terminalling and Transportation	$	38	$	37	$	74	$	70
Gathering and Processing	64		54		126		107
Wholesale	2		2		5		5
Total Depreciation and Amortization Expenses	$	104	$	93	$	205	$	182
Capital Expenditures
Terminalling and Transportation	$	26	$	33	$	51	$	79
Gathering and Processing	110		148		207		258
Wholesale	—		—		—		1
Total Capital Expenditures	$	136	$	181	$	258	$	338

(a)

Adjusted to include the historical results of the Predecessors. See Note 1 for further discussion.