Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Business Acquisition, Pro Forma Information

The following table presents unaudited pro forma consolidated revenues, net income and net income per limited partner unit as if the reverse mergers and the Arrow Acquisition had been included in our consolidated results for the entire year ended December 31, 2013 (in millions, except per unit information).

	CEQP		CMLP
Revenues	$	3,449.3	$	3,423.8
Net income (loss)	$	3.9	$	(5.0	)
Net income per limited partner unit:
Basic	$	0.40
Diluted	$	0.40

Inergy Midstream

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the final valuation of the assets acquired and liabilities assumed at the merger date (in millions):

	CEQP		CMLP
Current assets	$	224.5	$	49.1
Property, plant and equipment		2,088.1		1,677.8
Intangible assets		337.5		196.0
Other assets		12.7		2.9
Total identifiable assets acquired		2,662.8		1,925.8
Current liabilities		207.6		30.9
Long-term debt		1,079.3		745.0
Other long-term liabilities		146.6		5.3
Total liabilities assumed		1,433.5		781.2
Net identifiable assets acquired		1,229.3		1,144.6
Goodwill		2,134.8		1,532.7
Net assets acquired	$	3,364.1	$	2,677.3

Arrow Midstream Holdings, LLC

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the final valuation of the assets acquired and liabilities assumed at the acquisition date (in millions):

Current assets	$	192.7
Property, plant and equipment		400.5
Intangible assets		323.4
Other assets		19.5
Total identifiable assets acquired		936.1
Current liabilities		215.8
Assets retirement obligations		1.2
Other long-term liabilities		3.7
Total liabilities assumed		220.7
Net identifiable assets acquired		715.4
Goodwill		45.9
Net assets acquired	$	761.3