Condensed Consolidating Financial Information (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2016

Dec. 31, 2015

Text Block [Abstract]

Condensed Balance Sheet

Crestwood Midstream Partners LP

Condensed Consolidating Balance Sheet

March 31, 2016

(in millions)

	Parent		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Current assets:
Cash	$	0.8	$	—	$	—	$	—		$	0.8
Accounts receivable		—		209.1		0.5		—			209.6
Inventory		—		26.6		—		—			26.6
Other current assets		—		33.3		—		—			33.3
Total current assets		0.8		269.0		0.5		—			270.3
Property, plant and equipment, net		—		3,514.4		—		—			3,514.4
Goodwill and intangible assets, net		—		1,719.1		—		—			1,719.1
Investment in consolidated affiliates		5,350.2		—		—		(5,350.2	)		—
Investment in unconsolidated affiliates		—		—		260.6		—			260.6
Other assets		—		3.0		—		—			3.0
Total assets	$	5,351.0	$	5,505.5	$	261.1	$	(5,350.2	)	$	5,767.4
Liabilities and partners’ capital
Current liabilities:
Accounts payable	$	—	$	116.5	$	—	$	—		$	116.5
Other current liabilities		35.8		67.0		—		—			102.8
Total current liabilities		35.8		183.5		—		—			219.3
Long-term liabilities:
Long-term debt, less current portion		2,528.2		2.6		—		—			2,530.8
Other long-term liabilities		—		44.1		—		—			44.1
Deferred income taxes		—		0.6		—		—			0.6
Partners’ capital		2,787.0		5,274.7		75.5		(5,350.2	)		2,787.0
Interest of non-controlling partners in subsidiaries		—		—		185.6		—			185.6
Total partners’ capital		2,787.0		5,274.7		261.1		(5,350.2	)		2,972.6
Total liabilities and partners’ capital	$	5,351.0	$	5,505.5	$	261.1	$	(5,350.2	)	$	5,767.4

Crestwood Midstream Partners LP

Condensed Consolidating Balance Sheet

December 31, 2015

(in millions)

	Parent		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Current assets:
Cash	$	0.1	$	—	$	—	$	—		$	0.1
Accounts receivable		—		236.0		0.5		—			236.5
Inventory		—		44.5		—		—			44.5
Other current assets		—		52.5		—		—			52.5
Total current assets		0.1		333.0		0.5		—			333.6
Property, plant and equipment, net		—		3,525.7		—		—			3,525.7
Goodwill and intangible assets, net		—		1,846.9		—		—			1,846.9
Investment in consolidated affiliates		5,506.8		—		—		(5,506.8	)		—
Investment in unconsolidated affiliates		—		—		254.3		—			254.3
Other assets		—		3.1		—		—			3.1
Total assets	$	5,506.9	$	5,708.7	$	254.8	$	(5,506.8	)	$	5,963.6
Liabilities and partners’ capital
Current liabilities:
Accounts payable	$	—	$	141.3	$	0.1	$	—		$	141.4
Other current liabilities		26.4		85.2		—		—			111.6
Total current liabilities		26.4		226.5		0.1		—			253.0
Long-term liabilities:
Long-term debt, less current portion		2,498.9		2.9		—		—			2,501.8
Other long-term liabilities		—		43.3		—		—			43.3
Deferred income taxes		—		0.4		—		—			0.4
Partners’ capital		2,981.6		5,435.6		71.2		(5,506.8	)		2,981.6
Interest of non-controlling partners in subsidiaries		—		—		183.5		—			183.5
Total partners’ capital		2,981.6		5,435.6		254.7		(5,506.8	)		3,165.1
Total liabilities and partners’ capital	$	5,506.9	$	5,708.7	$	254.8	$	(5,506.8	)	$	5,963.6

Crestwood Midstream Partners LP

Condensed Consolidating Balance Sheet

December 31, 2015

(in millions)

	Parent		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Current assets:
Cash	$	0.1	$	—	$	—	$	—		$	0.1
Accounts receivable		—		236.0		0.5		—			236.5
Inventory		—		44.5		—		—			44.5
Other current assets		—		52.5		—		—			52.5
Total current assets		0.1		333.0		0.5		—			333.6
Property, plant and equipment, net		—		3,525.7		—		—			3,525.7
Goodwill and intangible assets, net		40.9		1,846.9		—		—			1,887.8
Investment in consolidated affiliates		5,506.8		—		—		(5,506.8	)		—
Investment in unconsolidated affiliates		—		—		254.3		—			254.3
Other assets		—		3.1		—		—			3.1
Total assets	$	5,547.8	$	5,708.7	$	254.8	$	(5,506.8	)	$	6,004.5
Liabilities and partners’ capital
Current liabilities:
Accounts payable		—		141.3		0.1		—			141.4
Other current liabilities		26.4		85.2		—		—			111.6
Total current liabilities		26.4		226.5		0.1		—			253.0
Long-term liabilities:
Long-term debt, less current portion		2,539.8		2.9		—		—			2,542.7
Other long-term liabilities		—		43.3		—		—			43.3
Deferred income taxes		—		0.4		—		—			0.4
Partners’ capital		2,981.6		5,435.6		71.2		(5,506.8	)		2,981.6
Interest of non-controlling partners in subsidiaries		—		—		183.5		—			183.5
Total partners’ capital		2,981.6		5,435.6		254.7		(5,506.8	)		3,165.1
Total liabilities and partners’ capital	$	5,547.8	$	5,708.7	$	254.8	$	(5,506.8	)	$	6,004.5

Crestwood Midstream Partners LP

Condensed Consolidating Balance Sheet

December 31, 2014

(in millions)

	Parent		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Current assets:
Cash	$	—	$	7.6	$	—	$	—		$	7.6
Accounts receivable		1.2		377.8		0.3		—			379.3
Inventory		—		46.6		—		—			46.6
Other current assets		—		103.1		—					103.1
Total current assets		1.2		535.1		0.3		—			536.6
Property, plant and equipment, net		7.9		3,738.1		—		—			3,746.0
Goodwill and intangible assets, net		38.0		3,166.2		—		—			3,204.2
Investment in consolidated affiliates		7,148.0		—		—		(7,148.0	)		—
Investment in unconsolidated affiliates		—		—		295.1		—			295.1
Other assets		—		3.3		—		—			3.3
Total assets	$	7,195.1	$	7,442.7	$	295.4	$	(7,148.0	)	$	7,785.2
Liabilities and partners’ capital
Current liabilities:
Accounts payable		9.0		225.8		0.2		—			235.0
Other current liabilities		23.0		153.3		—		—			176.3
Total current liabilities		32.0		379.1		0.2		—			411.3
Long-term liabilities:
Long-term debt, less current portion		2,012.8		1.7		—		—			2,014.5
Other long-term liabilities		1.6		36.7		—		—			38.3
Deferred income taxes		—		0.7		—		—			0.7
Partners’ capital		5,148.7		7,024.5		123.5		(7,148.0	)		5,148.7
Interest of non-controlling partners in subsidiaries		—		—		171.7		—			171.7
Total partners’ capital		5,148.7		7,024.5		295.2		(7,148.0	)		5,320.4
Total liabilities and partners’ capital	$	7,195.1	$	7,442.7	$	295.4	$	(7,148.0	)	$	7,785.2

Condensed Consolidating Statements of Operation

Crestwood Midstream Partners LP

Condensed Consolidating Statement of Operations

Three Months Ended March 31, 2016

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	—		$	536.0		$	—	$	—	$	536.0
Costs of product/services sold		—			363.4			—		—		363.4
Expenses:
Operations and maintenance		—			41.7			—		—		41.7
General and administrative		17.7			4.5			—		—		22.2
Depreciation, amortization and accretion		—			64.9			—		—		64.9
		17.7			111.1			—		—		128.8
Other operating expense:
Goodwill impairment		—			(109.7	)		—		—		(109.7	)
Operating loss		(17.7	)		(48.2	)		—		—		(65.9	)
Earnings from unconsolidated affiliates, net		—			—			6.5		—		6.5
Interest and debt expense, net		(36.1	)		—			—		—		(36.1	)
Equity in net income (loss) of subsidiary		(41.5	)		—			—		41.5		—
Income (loss) before income taxes		(95.3	)		(48.2	)		6.5		41.5		(95.5	)
Benefit for income taxes		—			(0.2	)		—		—		(0.2	)
Net income (loss)		(95.3	)		(48.0	)		6.5		41.5		(95.3	)
Net income attributable to non-controlling partners in subsidiaries		—			—			5.9		—		5.9
Net income (loss) attributable to Crestwood Midstream Partners LP	$	(95.3	)	$	(48.0	)	$	0.6	$	41.5	$	(101.2	)

Crestwood Midstream Partners LP

Condensed Consolidating Statement of Operations

Three Months Ended March 31, 2015

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	731.5		$	—		$	—		$	731.5
Costs of product/services sold		—			529.7			—			—			529.7
Expenses:
Operations and maintenance		—			50.6			—			—			50.6
General and administrative		13.4			12.2			—			—			25.6
Depreciation, amortization and accretion		0.2			68.6			—			—			68.8
		13.6			131.4			—			—			145.0
Other operating expense:
Loss on long-lived assets, net		—			(0.8	)		—			—			(0.8	)
Operating income (loss)		(13.6	)		69.6			—			—			56.0
Earnings from unconsolidated affiliates, net		—			—			3.4			—			3.4
Interest and debt expense, net		(29.9	)		—			—			—			(29.9	)
Equity in net income (loss) of subsidiary		72.6			—			—			(72.6	)		—
Income (loss) before income taxes		29.1			69.6			3.4			(72.6	)		29.5
Provision for income taxes		—			0.4			—			—			0.4
Net income (loss)		29.1			69.2			3.4			(72.6	)		29.1
Net income attributable to non-controlling partners in subsidiaries		—			—			5.6			—			5.6
Net income (loss) attributable to Crestwood Midstream Partners LP		29.1			69.2			(2.2	)		(72.6	)		23.5
Net income attributable to Class A preferred units		9.2			—			—			—			9.2
Net income (loss) attributable to partners	$	19.9		$	69.2		$	(2.2	)	$	(72.6	)	$	14.3

Crestwood Midstream Partners LP

Condensed Consolidating Statements of Operations

Year Ended December 31, 2015

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
Revenues	$	—		$	2,632.8		$	—		$	—	$	2,632.8
Costs of product/services sold		—			1,883.5			—			—		1,883.5
Expenses:
Operations and maintenance		—			188.7			—			—		188.7
General and administrative		65.3			40.3			—			—		105.6
Depreciation, amortization and accretion		—			278.5			—			—		278.5
		65.3			507.5			—			—		572.8
Other operating expense:
Loss on long-lived assets, net		—			(227.8	)		—			—		(227.8	)
Goodwill impairment		—			(1,149.1	)		—			—		(1,149.1	)
Operating loss		(65.3	)		(1,135.1	)		—			—		(1,200.4	)
Loss from unconsolidated affiliates, net		—			—			(60.8	)		—		(60.8	)
Interest and debt expense, net		(130.5	)		—			—			—		(130.5	)
Loss on modification/extinguishment of debt		(18.9	)		—			—			—		(18.9	)
Equity in net income (loss) of subsidiary		(1,195.9	)		—			—			1,195.9		—
Income (loss) before income taxes		(1,410.6	)		(1,135.1	)		(60.8	)		1,195.9		(1,410.6	)
Provision for income taxes		—			—			—			—		—
Net income (loss)		(1,410.6	)		(1,135.1	)		(60.8	)		1,195.9		(1,410.6	)
Net income attributable to non-controlling partners in subsidiaries		—			—			(23.1	)		—		(23.1	)
Net income (loss) attributable to Crestwood Midstream Partners LP		(1,410.6	)		(1,135.1	)		(83.9	)		1,195.9		(1,433.7	)
Net income attributable to Class A preferred units		(23.1	)		—			—			—		(23.1	)
Net income (loss) attributable to partners	$	(1,433.7	)	$	(1,135.1	)	$	(83.9	)	$	1,195.9	$	(1,456.8	)

Crestwood Midstream Partners LP

Condensed Consolidating Statements of Operations

Year Ended December 31, 2014

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	3,917.5		$	—		$	—		$	3,917.5
Costs of product/services sold		—			3,154.8			—			—			3,154.8
Expenses:
Operations and maintenance		—			195.4			—			—			195.4
General and administrative		49.4			42.3			—			—			91.7
Depreciation, amortization and accretion		0.9			254.5			—			—			255.4
		50.3			492.2			—			—			542.5
Other operating expense:
Loss on long-lived assets, net		—			(35.1	)		—			—			(35.1	)
Goodwill impairment		—			(48.8	)		—			—			(48.8	)
Loss on contingent consideration		—			(8.6	)		—			—			(8.6	)
Operating income (loss)		(50.3	)		178.0			—			—			127.7
Loss from unconsolidated affiliates, net		—			—			(0.7	)		—			(0.7	)
Interest and debt expense, net		(111.4	)		—			—			—			(111.4	)
Equity in net income (loss) of subsidiary		176.4			—			—			(176.4	)		—
Income (loss) before income taxes		14.7			178.0			(0.7	)		(176.4	)		15.6
Provision for income taxes		—			0.9						—			0.9
Net income (loss)		14.7			177.1			(0.7	)		(176.4	)		14.7
Net income attributable to non-controlling partners		—			—			(16.8	)		—			(16.8	)
Net income (loss) attributable to Crestwood Midstream Partners LP		14.7			177.1			(17.5	)		(176.4	)		(2.1	)
Net income attributable to Class A preferred units		(17.2	)		—			—			—			(17.2	)
Net income (loss) attributable to partners	$	(2.5	)	$	177.1		$	(17.5	)	$	(176.4	)	$	(19.3	)

Crestwood Midstream Partners

Condensed Consolidating Statements of Operations

Year Ended December 31, 2013

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	—		$	1,412.6		$	—		$	—		$	1,412.6
Costs of product/services sold		—			995.4			—			—			995.4
Expenses:
Operations and maintenance		—			103.4			—			—			103.4
General and administrative		46.5			37.6			—			—			84.1
Depreciation, amortization and accretion		1.0			138.4			—			—			139.4
		47.5			279.4			—			—			326.9
Other operating income (expense):
Gain on long-lived assets, net		—			5.3			—			—			5.3
Goodwill impairment		—			(4.1	)		—			—			(4.1	)
Loss on contingent consideration		—			(31.4	)		—			—			(31.4	)
Operating income (loss)		(47.5	)		107.6			—			—			60.1
Loss from unconsolidated affiliates, net		—			—			(0.1	)		—			(0.1	)
Interest and debt expense, net		(68.7	)		(3.0	)		—			—			(71.7	)
Equity in net income (loss) of subsidiary		103.8			—			—			(103.8	)		—
Income (loss) before income taxes		(12.4	)		104.6			(0.1	)		(103.8	)		(11.7	)
Provision for income taxes		—			0.7			—			—			0.7
Net income (loss)		(12.4	)		103.9			(0.1	)		(103.8	)		(12.4	)
Net income attributable to non-controlling partners		—			—			(4.9	)		—			(4.9	)
Net income (loss) attributable to Crestwood Midstream Partners LP		(12.4	)		103.9			(5.0	)		(103.8	)		(17.3	)
Net income attributable to Class A preferred units		—			—			—			—			—
Net income (loss) attributable to partners	$	(12.4	)	$	103.9		$	(5.0	)	$	(103.8	)	$	(17.3	)

Condensed Cash Flow Statement

Crestwood Midstream Partners LP

Condensed Consolidating Statement of Cash Flows

Three Months Ended March 31, 2016

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:	$	(42.7	)	$	172.8		$	5.6		$	—		$	135.7
Cash flows from investing activities:
Purchases of property, plant and equipment		(0.9	)		(54.7	)		—			—			(55.6	)
Investment in unconsolidated affiliates		—			—			(5.5	)		—			(5.5	)
Proceeds from the sale of assets		—			0.8			—			—			0.8
Capital contributions to consolidated affiliates		(3.7	)		—			—			3.7			—
Net cash provided by (used in) investing activities		(4.6	)		(53.9	)		(5.5	)		3.7			(60.3	)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt		313.5			—			—			—			313.5
Principal payments on long-term debt		(286.0	)		—			—			—			(286.0	)
Payments on capital leases		—			(0.5	)		—			—			(0.5	)
Payments for debt-related deferred costs		(0.1	)		—			—			—			(0.1	)
Distributions paid		(97.2	)		—			(3.8	)		—			(101.0	)
Contributions from parent		—			—			3.7			(3.7	)		—
Taxes paid for unit-based compensation vesting		—			(0.6	)		—			—			(0.6	)
Change in intercompany balances		117.8			(117.8	)		—			—			—
Net cash provided by (used in) financing activities		48.0			(118.9	)		(0.1	)		(3.7	)		(74.7	)
Net change in cash		0.7			—			—			—			0.7
Cash at beginning of period		0.1			—			—			—			0.1
Cash at end of period	$	0.8		$	—		$	—		$	—		$	0.8

Crestwood Midstream Partners LP

Condensed Consolidating Statement of Cash Flows

Three Months Ended March 31, 2015

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:	$	(54.8	)	$	160.5		$	—		$	—		$	105.7
Cash flows from investing activities:
Purchases of property, plant and equipment		(0.1	)		(47.3	)		—			—			(47.4	)
Investment in unconsolidated affiliates		—			—			(17.9	)		—			(17.9	)
Proceeds from the sale of assets		—			0.5			—			—			0.5
Capital contributions to consolidated affiliates		(17.9	)		—			—			17.9			—
Other		—			(0.2	)		—			—			(0.2	)
Net cash provided by (used in) investing activities		(18.0	)		(47.0	)		(17.9	)		17.9			(65.0	)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt		1,114.6			—			—			—			1,114.6
Principal payments on long-term debt		(970.4	)		—			—			—			(970.4	)
Payments on capital leases		(0.5	)		(0.2	)		—			—			(0.7	)
Payments for debt-related deferred costs		(11.1	)		—			—			—			(11.1	)
Distributions paid		(111.4	)		—			—			—			(111.4	)
Contributions from parent		—			—			17.9			(17.9	)		—
Taxes paid for unit-based compensation vesting		—			(1.7	)		—			—			(1.7	)
Change in intercompany balances		51.8			(51.8	)		—			—			—
Other		(0.2	)		—			—			—			(0.2	)
Net cash provided by (used in) financing activities		72.8			(53.7	)		17.9			(17.9	)		19.1
Net change in cash		—			59.8			—			—			59.8
Cash at beginning of period		—			7.6			—			—			7.6
Cash at end of period	$	—		$	67.4		$	—		$	—		$	67.4

Crestwood Midstream Partners LP

Condensed Consolidating Statements of Cash Flows

Year Ended December 31, 2015

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:	$	(190.8	)	$	650.0		$	12.6		$	—		$	471.8
Cash flows from investing activities:
Purchases of property, plant and equipment		(0.8	)		(181.9	)		—			—			(182.7	)
Investment in unconsolidated affiliates		—			—			(41.8	)		—			(41.8	)
Proceeds from the sale of assets		—			2.7			—			—			2.7
Capital distributions from unconsolidated affiliates		—			—			9.3			—			9.3
Capital contributions to consolidated affiliates		(31.2	)		—			—			31.2			—
Net cash provided by (used in) investing activities		(32.0	)		(179.2	)		(32.5	)		31.2			(212.5	)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt		3,490.1			—			—			—			3,490.1
Principal payments on long-term debt		(2,960.9	)		—			—			—			(2,960.9	)
Payments on capital leases		—			(2.2	)		—			—			(2.2	)
Payments for debt-related deferred costs		(17.3	)		—			—			—			(17.3	)
Financing fees paid for early debt redemption		(13.6	)		—			—			—			(13.6	)
Distributions paid		(808.2	)		—			(11.3	)		—			(819.5	)
Contributions from parent		—			—			31.2			(31.2	)		—
Net proceeds from issuance of preferred units		58.8			—			—			—			58.8
Taxes paid for unit-based compensation vesting		—			(2.1	)		—			—			(2.1	)
Change in intercompany balances		474.1			(474.1	)		—			—			—
Other		(0.1	)		—			—			—			(0.1	)
Net cash provided by (used in) financing activities		222.9			(478.4	)		19.9			(31.2	)		(266.8	)
Net change in cash		0.1			(7.6	)		—			—			(7.5	)
Cash at beginning of period		—			7.6			—			—			7.6
Cash at end of period	$	0.1		$	—		$	—		$	—		$	0.1

Crestwood Midstream Partners LP

Condensed Consolidating Statements of Cash Flows

Year Ended December 31, 2014

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:	$	(165.6	)	$	602.9		$	—		$	—		$	437.3
Cash flows from investing activities:
Acquisitions, net of cash acquired		—			(19.5	)		—			—			(19.5	)
Purchases of property, plant and equipment		(4.3	)		(417.4	)		—			—			(421.7	)
Investment in unconsolidated affiliates, net		—			—			(144.4	)		—			(144.4	)
Proceeds from the sale of assets		—			2.7			—			—			2.7
Capital contributions to consolidated affiliates		(89.5	)		—			—			89.5			—
Net cash provided by (used in) investing activities		(93.8	)		(434.2	)		(144.4	)		89.5			(582.9	)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt		2,089.9			—			—			—			2,089.9
Principal payments on long-term debt		(1,949.8	)		(0.2	)		—			—			(1,950.0	)
Payments on capital leases		(1.3	)		(1.9	)		—			—			(3.2	)
Payments for debt-related deferred costs		(0.1	)		—			—			—			(0.1	)
Distributions paid		(470.5	)		—			—			—			(470.5	)
Contributions from parents		—			—			89.5			(89.5	)		—
Net proceeds from issuance of preferred equity of subsidiary		—			—			53.9			—			53.9
Net proceeds from issuance of Class A preferred units		430.5			—			—			—			430.5
Taxes paid for unit-based compensation vesting		—			(1.6	)		—			—			(1.6	)
Change in intercompany balances		161.4			(161.4	)		—			—			—
Other		(0.8	)		—			—			—			(0.8	)
Net cash provided by (used in) financing activities		259.3			(165.1	)		143.4			(89.5	)		148.1
Net change in cash		(0.1	)		3.6			(1.0	)		—			2.5
Cash at beginning of period		0.1			4.0			1.0			—			5.1
Cash at end of period	$	—		$	7.6		$	—		$	—		$	7.6

Crestwood Midstream Partners LP

Condensed Consolidating Statements of Cash Flows

Year Ended December 31, 2013

(in millions)

	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:	$	(46.1	)	$	333.6		$	—		$	(33.8	)	$	253.7
Cash flows from investing activities:
Acquisitions, net of cash acquired		—			(561.5	)		—			—			(561.5	)
Purchases of property, plant and equipment		(1.0	)		(338.3	)		—			—			(339.3	)
Investment in unconsolidated affiliates, net		—			—			(151.5	)		—			(151.5	)
Capital contributions to consolidated affiliates		(106.4	)		—			—			106.4			—
Proceeds from the sale of assets		—			11.2			—			—			11.2
Net cash provided by (used in) investing activities		(107.4	)		(888.6	)		(151.5	)		106.4			(1,041.1	)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt		2,072.8			—			—			—			2,072.8
Principal payments on long-term debt		(1,634.3	)		(0.2	)		—			—			(1,634.5	)
Payments on capital leases		(0.4	)		(3.9	)		—			—			(4.3	)
Payments for debt-related deferred costs		(32.0	)		—			—			—			(32.0	)
Distributions paid		(419.7	)		(33.8	)		—			33.8			(419.7	)
Contributions from parents		—			55.5			56.4			(106.4	)		5.5
Net proceeds from the issuance of common units		714.0			—			—			—			714.0
Net proceeds from issuance of preferred equity of subsidiary		—			—			96.1			—			96.1
Taxes paid for unit-based compensation vesting		—			(5.5	)		—			—			(5.5	)
Change in intercompany balances		(546.8	)		546.8			—			—			—
Net cash provided by (used in) financing activities		153.6			558.9			152.5			(72.6	)		792.4
Net change in cash		0.1			3.9			1.0			—			5.0
Cash at beginning of period		—			0.1			—			—			0.1
Cash at end of period	$	0.1		$	4.0		$	1.0		$	—		$	5.1