XML 26 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:      
Net income (loss) $ (32,800,000) $ 320,000,000 $ (888,200,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Impairments 365,800,000 17,100,000 873,300,000
Depreciation and amortization 577,300,000 545,300,000 503,900,000
Loss on disposition of assets 400,000 0 13,200,000
Non-cash unit-based compensation 41,100,000 48,100,000 30,300,000
Deferred tax expense (benefit) 16,300,000 (197,200,000) 2,100,000
(Gain) loss on derivatives recognized in net income (loss) (5,200,000) 4,200,000 11,100,000
Cash settlements on derivatives (7,000,000) (11,200,000) 10,500,000
Gain on extinguishment of debt 0 (9,000,000) 0
Amortization of debt issue costs, net (premium) discount of notes and installment payable 4,300,000 29,300,000 53,400,000
Distribution of earnings from unconsolidated affiliates 15,800,000 13,300,000 3,100,000
(Income) loss from unconsolidated affiliates (13,300,000) (9,600,000) 19,900,000
Non-cash revenue from contract restructuring (45,500,000) 0 0
Other operating activities (2,600,000) 600,000 900,000
Changes in assets and liabilities net of assets acquired and liabilities assumed:      
Accounts receivable, accrued revenue and other (113,100,000) (189,400,000) (118,100,000)
Natural gas and NGLs inventory, prepaid expenses, and other (12,200,000) (23,500,000) 18,700,000
Accounts payable, accrued gas and crude oil purchases, and other accrued liabilities 58,300,000 162,100,000 132,300,000
Net cash provided by operating activities 847,600,000 700,100,000 666,400,000
Cash flows from investing activities:      
Additions to property and equipment (843,100,000) (790,800,000) (663,000,000)
Acquisition of business, net of cash acquired 0 0 (791,500,000)
Proceeds from sale of unconsolidated affiliate investment 0 189,700,000 0
Proceeds from sale of property 1,900,000 2,300,000 93,100,000
Investment in unconsolidated affiliates (100,000) (12,600,000) (73,800,000)
Distribution from unconsolidated affiliates in excess of earnings 6,900,000 200,000 54,600,000
Other investing activities 8,100,000 400,000 300,000
Net cash used in investing activities (826,300,000) (610,800,000) (1,380,300,000)
Cash flows from financing activities:      
Proceeds from borrowings 3,946,800,000 2,381,800,000 2,150,400,000
Payments on borrowings (3,060,000,000) (2,123,400,000) (1,917,500,000)
Payment of installment payable for EOGP acquisition (250,000,000) (250,000,000) 0
Debt financing costs (1,900,000) (5,500,000) (4,700,000)
Proceeds from issuance of ENLK common units 46,100,000 106,900,000 167,500,000
Distributions to non-controlling interest (517,200,000) (433,700,000) (384,200,000)
Distribution to members (194,800,000) (186,000,000) (185,400,000)
Contributions by non-controlling interest 90,200,000 57,300,000 167,900,000
Other financing activities (11,300,000) (11,200,000) (10,500,000)
Net cash provided by (used in) financing activities 47,900,000 (69,800,000) 707,600,000
Net increase (decrease) in cash and cash equivalents 69,200,000 19,500,000 (6,300,000)
Cash and cash equivalents, beginning of period 31,200,000 11,700,000 18,000,000
Cash and cash equivalents, end of period 100,400,000 31,200,000 11,700,000
Series B Preferred Units      
Cash flows from financing activities:      
Proceeds from issuance of ENLK Preferred Units 0 0 724,100,000
Series C Preferred Units      
Cash flows from financing activities:      
Proceeds from issuance of ENLK Preferred Units $ 0 $ 394,000,000 $ 0