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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 100.4 $ 31.2
Accounts receivable:    
Trade, net of allowance for bad debt of $0.3 and $0.3, respectively 126.3 50.1
Accrued revenue and other 705.9 576.6
Related party 0.7 102.8
Fair value of derivative assets 28.6 6.8
Natural gas and NGLs inventory, prepaid expenses, and other 74.2 41.2
Total current assets 1,036.1 808.7
Property and equipment, net of accumulated depreciation of $2,967.4 and $2,533.0, respectively 6,846.7 6,587.0
Intangible assets, net of accumulated amortization of $422.2 and $298.7, respectively 1,373.6 1,497.1
Goodwill 1,310.2 1,542.2
Investment in unconsolidated affiliates 80.1 89.4
Fair value of derivative assets 4.1 0.0
Other assets, net 43.3 13.4
Total assets 10,694.1 10,537.8
Current liabilities:    
Accounts payable and drafts payable 105.5 66.9
Accounts payable to related party 4.3 16.3
Accrued gas, NGLs, condensate and crude oil purchases 500.4 476.1
Fair value of derivative liabilities 21.8 8.4
Installment payable, net of discount of $0.5 at December 31, 2017 0.0 249.5
Current maturities of long-term debt 399.8 0.0
Other current liabilities 248.2 222.9
Total current liabilities 1,280.0 1,040.1
Long-term debt 4,031.0 3,542.1
Asset retirement obligations 14.8 14.2
Other long-term liabilities 20.0 33.9
Deferred tax liability 362.4 346.2
Fair value of derivative liabilities 2.4 0.0
Redeemable non-controlling interest 9.3 4.6
Members’ equity:    
Members’ equity (181,309,981 and 180,600,728 units issued and outstanding, respectively) 1,730.9 1,924.2
Accumulated other comprehensive loss (2.0) (2.0)
Non-controlling interest 3,245.3 3,634.5
Total members’ equity 4,974.2 5,556.7
Commitments and contingencies (Note 14)
Total liabilities and members’ equity $ 10,694.1 $ 10,537.8