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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Summary of Financial Information
Summarized financial information for our reportable segments is shown in the following tables (in millions):
 
Texas
 
Louisiana
 
Oklahoma
 
Crude and Condensate
 
Corporate
 
Totals
Three Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
Natural gas sales
$
56.8

 
$
122.7

 
$
37.9

 
$
—

 
$
—

 
$
217.4

NGL sales
—

 
627.9

 
3.6

 
0.3

 
—

 
631.8

Crude oil and condensate sales
—

 
0.1

 
—

 
585.8

 
—

 
585.9

Product sales
56.8

 
750.7

 
41.5

 
586.1

 
—

 
1,435.1

Natural gas sales—related parties
—

 
—

 
1.9

 
—

 
—

 
1.9

NGL sales—related parties
134.3

 
28.9

 
140.4

 
—

 
(278.6
)
 
25.0

Crude oil and condensate sales—related parties
15.1

 
0.1

 
23.6

 
1.7

 
(40.2
)
 
0.3

Product sales—related parties
149.4

 
29.0

 
165.9

 
1.7

 
(318.8
)
 
27.2

Gathering and transportation
13.5

 
16.7

 
25.6

 
0.9

 
—

 
56.7

Processing
9.5

 
1.1

 
47.4

 
—

 
—

 
58.0

NGL services
—

 
10.3

 
—

 
—

 
—

 
10.3

Crude services
—

 
—

 
(0.1
)
 
15.1

 
—

 
15.0

Other services
2.2

 
0.2

 
—

 
—

 
—

 
2.4

Midstream services
25.2

 
28.3

 
72.9

 
16.0

 
—

 
142.4

Gathering and transportation—related parties
61.4

 
—

 
38.7

 
—

 
—

 
100.1

Processing—related parties
46.8

 
—

 
23.1

 
—

 
—

 
69.9

Crude services—related parties
—

 
—

 
0.7

 
4.3

 
—

 
5.0

Other services—related parties
0.2

 
—

 
—

 
—

 
—

 
0.2

Midstream services—related parties
108.4

 
—

 
62.5

 
4.3

 
—

 
175.2

Revenue from contracts with customers
339.8

 
808.0

 
342.8

 
608.1

 
(318.8
)
 
1,779.9

Cost of sales
(178.7
)
 
(723.0
)
 
(170.3
)
 
(572.4
)
 
318.8

 
(1,325.6
)
Operating expenses
(45.8
)
 
(28.0
)
 
(20.8
)
 
(18.8
)
 
—

 
(113.4
)
Loss on derivative activity
—

 
—

 
—

 
—

 
(15.2
)
 
(15.2
)
Segment profit (loss)
$
115.3

 
$
57.0

 
$
151.7

 
$
16.9

 
$
(15.2
)
 
$
325.7

Depreciation and amortization
$
(53.4
)
 
$
(30.5
)
 
$
(46.4
)
 
$
(12.7
)
 
$
(2.3
)
 
$
(145.3
)
Goodwill
$
232.0

 
$
—

 
$
190.3

 
$
—

 
$
1,119.9

 
$
1,542.2

Capital expenditures
$
44.7

 
$
16.6

 
$
121.0

 
$
34.9

 
$
1.0

 
$
218.2

 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Product sales
$
74.6

 
$
548.7

 
$
27.7

 
$
276.2

 
$
—

 
$
927.2

Product sales—related parties
115.5

 
5.4

 
62.4

 
—

 
(154.0
)
 
29.3

Midstream services
28.2

 
56.3

 
33.0

 
14.4

 
—

 
131.9

Midstream services—related parties
107.2

 
35.3

 
59.4

 
5.3

 
(33.6
)
 
173.6

Cost of sales
(177.0
)
 
(575.7
)
 
(99.0
)
 
(268.3
)
 
187.6

 
(932.4
)
Operating expenses
(42.9
)
 
(24.6
)
 
(14.7
)
 
(20.4
)
 
—

 
(102.6
)
Gain on derivative activity
—

 
—

 
—

 
—

 
1.6

 
1.6

Segment profit
$
105.6

 
$
45.4

 
$
68.8

 
$
7.2

 
$
1.6

 
$
228.6

Depreciation and amortization
$
(59.6
)
 
$
(29.4
)
 
$
(38.6
)
 
$
(12.6
)
 
$
(2.3
)
 
$
(142.5
)
Goodwill
$
232.0

 
$
—

 
$
190.3

 
$
—

 
$
1,119.9

 
$
1,542.2

Capital expenditures
$
39.7

 
$
15.6

 
$
135.0

 
$
13.7

 
$
14.5

 
$
218.5


 
Texas
 
Louisiana
 
Oklahoma
 
Crude and Condensate
 
Corporate
 
Totals
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
Natural gas sales
$
139.8

 
$
247.7

 
$
86.0

 
$
—

 
$
—

 
$
473.5

NGL sales
—

 
1,236.3

 
5.5

 
0.8

 
—

 
1,242.6

Crude oil and condensate sales
—

 
0.1

 
—

 
1,218.1

 
—

 
1,218.2

Product sales
139.8

 
1,484.1

 
91.5

 
1,218.9

 
—

 
2,934.3

Natural gas sales—related parties
—

 
—

 
2.4

 
—

 
—

 
2.4

NGL sales—related parties
227.3

 
34.5

 
240.5

 
—

 
(474.9
)
 
27.4

Crude oil and condensate sales—related parties
26.0

 
0.2

 
45.9

 
1.8

 
(72.9
)
 
1.0

Product sales—related parties
253.3

 
34.7

 
288.8

 
1.8

 
(547.8
)
 
30.8

Gathering and transportation
26.7

 
34.3

 
41.2

 
1.7

 
—

 
103.9

Processing
13.3

 
1.7

 
56.4

 
—

 
—

 
71.4

NGL services
—

 
26.9

 
—

 
—

 
—

 
26.9

Crude services
—

 
—

 
—

 
27.9

 
—

 
27.9

Other services
4.0

 
0.4

 
—

 
0.1

 
—

 
4.5

Midstream services
44.0

 
63.3

 
97.6

 
29.7

 
—

 
234.6

Gathering and transportation—related parties
114.0

 
—

 
73.4

 
—

 
—

 
187.4

Processing—related parties
98.4

 
—

 
45.2

 
—

 
—

 
143.6

Crude services—related parties
—

 
—

 
1.4

 
8.6

 
—

 
10.0

Other services—related parties
0.4

 
—

 
—

 
—

 
—

 
0.4

Midstream services—related parties
212.8

 
—

 
120.0

 
8.6

 
—

 
341.4

 Revenue from contracts with customers
649.9

 
1,582.1

 
597.9

 
1,259.0

 
(547.8
)
 
3,541.1

Cost of sales
(340.2
)
 
(1,409.7
)
 
(309.3
)
 
(1,195.7
)
 
547.8

 
(2,707.1
)
Operating expenses
(90.0
)
 
(53.6
)
 
(41.5
)
 
(37.5
)
 
—

 
(222.6
)
Loss on derivative activity
—

 
—

 
—

 
—

 
(14.7
)
 
(14.7
)
Segment profit (loss)
$
219.7

 
$
118.8

 
$
247.1

 
$
25.8

 
$
(14.7
)
 
$
596.7

Depreciation and amortization
$
(105.9
)
 
$
(59.7
)
 
$
(88.5
)
 
$
(25.1
)
 
$
(4.2
)
 
$
(283.4
)
Goodwill
$
232.0

 
$
—

 
$
190.3

 
$
—

 
$
1,119.9

 
$
1,542.2

Capital expenditures
$
110.0

 
$
23.4

 
$
219.5

 
$
44.2

 
$
2.3

 
$
399.4

 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2017
 
 
 
 
 
 
 
 
 
 
 
Product sales
$
159.7

 
$
1,093.2

 
$
42.2

 
$
622.1

 
$
—

 
$
1,917.2

Product sales—related parties
222.0

 
15.6

 
126.8

 
0.8

 
(293.2
)
 
72.0

Midstream services
56.0

 
109.4

 
60.9

 
33.0

 
—

 
259.3

Midstream services—related parties
212.3

 
64.3

 
108.8

 
8.6

 
(61.4
)
 
332.6

Cost of sales
(356.2
)
 
(1,140.4
)
 
(187.7
)
 
(605.0
)
 
354.6

 
(1,934.7
)
Operating expenses
(86.8
)
 
(50.0
)
 
(28.8
)
 
(41.1
)
 
—

 
(206.7
)
Gain on derivative activity
—

 
—

 
—

 
—

 
4.4

 
4.4

Segment profit
$
207.0

 
$
92.1

 
$
122.2

 
$
18.4

 
$
4.4

 
$
444.1

Depreciation and amortization
$
(109.4
)
 
$
(57.5
)
 
$
(75.1
)
 
$
(24.1
)
 
$
(4.7
)
 
$
(270.8
)
Impairments
$
—

 
$
—

 
$
—

 
$
(7.0
)
 
$
—

 
$
(7.0
)
Goodwill
$
232.0

 
$
—

 
$
190.3

 
$
—

 
$
1,119.9

 
$
1,542.2

Capital expenditures
$
68.0

 
$
48.3

 
$
275.7

 
$
51.1

 
$
23.5

 
$
466.6
Schedule of Segment Assets
The table below represents information about segment assets as of June 30, 2018 and December 31, 2017 (in millions):
Segment Identifiable Assets:
June 30, 2018
 
December 31, 2017
Texas
$
3,139.3

 
$
3,094.8

Louisiana
2,391.1

 
2,408.5

Oklahoma
2,993.8

 
2,836.7

Crude and Condensate
1,005.0

 
929.5

Corporate
1,254.4

 
1,268.3

Total identifiable assets
$
10,783.6

 
$
10,537.8
Reconciliation of Profits to Operating Income (Loss)
The following table reconciles the segment profits reported above to the operating income as reported on the consolidated statements of operations (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Segment profit
$
325.7

 
$
228.6

 
$
596.7

 
$
444.1

General and administrative expenses
(30.4
)
 
(31.1
)
 
(57.9
)
 
(67.2
)
Gain (loss) on disposition of assets
(1.2
)
 
5.4

 
(1.3
)
 
0.3

Depreciation and amortization
(145.3
)
 
(142.5
)
 
(283.4
)
 
(270.8
)
Impairments
—

 
—

 
—

 
(7.0
)
Gain on litigation settlement
—

 
8.5

 
—

 
26.0

Operating income
$
148.8

 
$
68.9

 
$
254.1

 
$
125.4