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Segment Information
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information
(15) Segment Information

Effective January 1, 2019, we changed our reportable operating segments to reflect how we currently make financial decisions and allocate resources. Prior to January 1, 2019, our reportable operating segments consisted of the following: (i) natural gas gathering, processing, transmission, and fractionation operations located in North Texas and the Permian Basin primarily in West Texas, (ii) natural gas pipelines, processing plants, storage facilities, NGL pipelines, and fractionation assets in Louisiana, (iii) natural gas gathering and processing operations located throughout Oklahoma, and (iv) crude rail, truck, pipeline, and barge facilities in West Texas, South Texas, Louisiana, Oklahoma, and ORV. Effective January 1, 2019, we are reporting financial performance in five segments: Permian, North Texas, Oklahoma, Louisiana, and Corporate. Crude and condensate operations are combined regionally with natural gas and NGL operations in the Oklahoma and Permian segments, and ORV operations are included in the Louisiana segment. We have recast the segment information for the years ended December 31, 2018 and 2017 to conform to the current period presentation.

Identification of the majority of our operating segments is based principally upon geographic regions served:

•
Permian Segment. The Permian segment includes our natural gas gathering, processing, and transmission activities and our crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and our crude operations in South Texas;

•
North Texas Segment. The North Texas segment includes our natural gas gathering, processing, and transmission activities in North Texas;

•
Oklahoma Segment. The Oklahoma segment includes our natural gas gathering, processing, and transmission activities, and our crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas;

•
Louisiana Segment. The Louisiana segment includes our natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and our crude oil operations in ORV; and

•
Corporate Segment. The Corporate segment includes our unconsolidated affiliate investments in the Cedar Cove JV in Oklahoma, our ownership interest in GCF in South Texas, our derivative activity, and our general corporate assets and expenses.

Based on the disclosure requirements of ASC 606, we are presenting revenues disaggregated based on the type of good or service in order to more fully depict the nature of our revenues. As we adopted ASC 606 using the modified retrospective method, only the consolidated statement of operations and revenue disaggregation information for the years ended December 31, 2019 and 2018 are presented to conform to ASC 606 accounting and disclosure requirements. Prior periods presented in the consolidated financial statements and accompanying notes were not restated in accordance with ASC 606.

We evaluate the performance of our operating segments based on segment profits. Summarized financial information for our reportable segments is shown in the following tables (in millions):
 
Permian
 
North Texas
 
Oklahoma
 
Louisiana
 
Corporate
 
Totals
Year Ended December 31, 2019
 
 
 
 
 
 
 
 
 
 
 
Natural gas sales
$
94.3

 
$
129.3

 
$
236.4

 
$
416.6

 
$
—

 
$
876.6

NGL sales
0.9

 
30.9

 
19.6

 
1,725.6

 
—

 
1,777.0

Crude oil and condensate sales
1,975.0

 
—

 
109.6

 
291.9

 
—

 
2,376.5

Product sales
2,070.2

 
160.2

 
365.6

 
2,434.1

 
—

 
5,030.1

Natural gas sales—related parties
0.4

 
—

 
—

 
—

 
(0.4
)
 
—

NGL sales—related parties
347.7

 
94.8

 
421.1

 
25.7

 
(889.3
)
 
—

Crude oil and condensate sales—related parties
13.5

 
5.5

 
—

 
1.7

 
(20.7
)
 
—

Product sales—related parties
361.6

 
100.3

 
421.1

 
27.4

 
(910.4
)
 
—

Gathering and transportation
48.8

 
196.4

 
234.5

 
58.3

 
—

 
538.0

Processing
30.5

 
143.0

 
138.2

 
3.2

 
—

 
314.9

NGL services
—

 
0.1

 
—

 
50.6

 
—

 
50.7

Crude services
19.2

 
—

 
19.8

 
51.9

 
—

 
90.9

Other services
12.0

 
1.1

 
0.1

 
0.7

 
—

 
13.9

Midstream services
110.5

 
340.6

 
392.6

 
164.7

 
—

 
1,008.4

NGL services—related parties
—

 
—

 
—

 
(3.4
)
 
3.4

 
—

Crude services—related parties
—

 
—

 
1.8

 
—

 
(1.8
)
 
—

Midstream services—related parties
—

 
—

 
1.8

 
(3.4
)
 
1.6

 
—

Revenue from contracts with customers
2,542.3

 
601.1

 
1,181.1

 
2,622.8

 
(908.8
)
 
6,038.5

Cost of sales
(2,283.9
)
 
(208.8
)
 
(627.0
)
 
(2,181.6
)
 
908.8

 
(4,392.5
)
Operating expenses
(112.9
)
 
(102.9
)
 
(104.0
)
 
(147.3
)
 
—

 
(467.1
)
Gain on derivative activity
—

 
—

 
—

 
—

 
14.4

 
14.4

Segment profit
$
145.5

 
$
289.4

 
$
450.1

 
$
293.9

 
$
14.4

 
$
1,193.3

Depreciation and amortization
$
(119.8
)
 
$
(139.8
)
 
$
(194.9
)
 
$
(154.1
)
 
$
(8.4
)
 
$
(617.0
)
Impairments
$
(3.5
)
 
$
(127.8
)
 
$
(813.5
)
 
$
(188.7
)
 
$
—

 
$
(1,133.5
)
Goodwill
$
184.6

 
$
—

 
$
—

 
$
—

 
$
—

 
$
184.6

Capital expenditures
$
364.5

 
$
39.0

 
$
238.1

 
$
99.9

 
$
6.9

 
$
748.4

 
Permian
 
North Texas
 
Oklahoma
 
Louisiana
 
Corporate
 
Totals
Year Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
Natural gas sales
$
152.3

 
$
140.6

 
$
189.7

 
$
531.1

 
$
—

 
$
1,013.7

NGL sales
0.5

 
29.0

 
25.2

 
2,786.3

 
—

 
2,841.0

Crude oil and condensate sales
2,344.1

 
0.5

 
85.9

 
227.1

 
—

 
2,657.6

Product sales
2,496.9

 
170.1

 
300.8

 
3,544.5

 
—

 
6,512.3

Natural gas sales—related parties
(0.3
)
 
—

 
2.5

 
0.3

 
—

 
2.5

NGL sales—related parties
454.1

 
49.4

 
590.8

 
47.4

 
(1,104.3
)
 
37.4

Crude oil and condensate sales—related parties
—

 
1.8

 
0.3

 
0.2

 
(1.2
)
 
1.1

Product sales—related parties
453.8

 
51.2

 
593.6

 
47.9

 
(1,105.5
)
 
41.0

Gathering and transportation
28.0

 
146.3

 
143.2

 
68.8

 
—

 
386.3

Processing
23.8

 
83.9

 
128.7

 
3.3

 
—

 
239.7

NGL services
—

 
—

 
—

 
59.6

 
—

 
59.6

Crude services
4.2

 
—

 
2.8

 
60.1

 
—

 
67.1

Other services
8.7

 
0.9

 
0.1

 
0.9

 
—

 
10.6

Midstream services
64.7

 
231.1

 
274.8

 
192.7

 
—

 
763.3

Gathering and transportation—related parties
—

 
122.7

 
80.6

 
—

 
—

 
203.3

Processing—related parties
—

 
108.5

 
48.5

 
—

 
—

 
157.0

NGL services—related parties
—

 
—

 
—

 
3.3

 
(3.3
)
 
—

Crude services—related parties
14.9

 
—

 
1.5

 
—

 
—

 
16.4

Other services—related parties
—

 
0.5

 
—

 
—

 
—

 
0.5

Midstream services—related parties
14.9

 
231.7

 
130.6

 
3.3

 
(3.3
)
 
377.2

Revenue from contracts with customers
3,030.3

 
684.1

 
1,299.8

 
3,788.4

 
(1,108.8
)
 
7,693.8

Cost of sales
(2,808.3
)
 
(199.2
)
 
(743.6
)
 
(3,365.7
)
 
1,108.8

 
(6,008.0
)
Operating expenses
(96.1
)
 
(112.7
)
 
(90.3
)
 
(154.3
)
 
—

 
(453.4
)
Gain on derivative activity
—

 
—

 
—

 
—

 
5.2

 
5.2

Segment profit
$
125.9

 
$
372.2

 
$
465.9

 
$
268.4

 
$
5.2

 
$
1,237.6

Depreciation and amortization
$
(111.0
)
 
$
(127.9
)
 
$
(178.8
)
 
$
(150.9
)
 
$
(8.7
)
 
$
(577.3
)
Impairments
$
(138.5
)
 
$
(202.7
)
 
$
—

 
$
(24.6
)
 
$
—

 
$
(365.8
)
Goodwill
$
—

 
$
—

 
$
190.3

 
$
—

 
$
1,119.9

 
$
1,310.2

Capital expenditures
$
271.7

 
$
24.7

 
$
493.8

 
$
54.4

 
$
5.3

 
$
849.9


 
Permian
 
North Texas
 
Oklahoma
 
Louisiana
 
Corporate
 
Totals
Year Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Product sales
$
1,344.0

 
$
162.5

 
$
128.8

 
$
2,723.1

 
$
—

 
$
4,358.4

Product sales—related parties
357.0

 
120.5

 
349.4

 
39.8

 
(721.8
)
 
144.9

Midstream services
77.5

 
51.6

 
155.0

 
268.2

 
—

 
552.3

Midstream services—related parties
18.7

 
410.4

 
241.6

 
151.1

 
(133.6
)
 
688.2

Cost of sales
(1,628.5
)
 
(264.5
)
 
(523.0
)
 
(2,800.9
)
 
855.4

 
(4,361.5
)
Operating expenses
(85.1
)
 
(121.8
)
 
(64.6
)
 
(147.2
)
 
—

 
(418.7
)
Loss on derivative activity
—

 
—

 
—

 
—

 
(4.2
)
 
(4.2
)
Segment profit (loss)
$
83.6

 
$
358.7

 
$
287.2

 
$
234.1

 
$
(4.2
)
 
$
959.4

Depreciation and amortization
$
(109.9
)
 
$
(127.0
)
 
$
(156.3
)
 
$
(141.7
)
 
$
(10.4
)
 
$
(545.3
)
Impairments
$
—

 
$
—

 
$
—

 
$
(17.1
)
 
$
—

 
$
(17.1
)
Goodwill
$
29.3

 
$
202.7

 
$
190.3

 
$
—

 
$
1,119.9

 
$
1,542.2

Capital expenditures
$
186.1

 
$
18.2

 
$
450.1

 
$
87.3

 
$
26.4

 
$
768.1



The following table reconciles the segment profits reported above to the operating income (loss) as reported on the consolidated statements of operations (in millions):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Segment profit
$
1,193.3

 
$
1,237.6

 
$
959.4

General and administrative expenses
(152.6
)
 
(140.3
)
 
(128.6
)
Gain (loss) on disposition of assets
1.9

 
(0.4
)
 
—

Depreciation and amortization
(617.0
)
 
(577.3
)
 
(545.3
)
Impairments
(1,133.5
)
 
(365.8
)
 
(17.1
)
Loss on secured term loan receivable
(52.9
)
 
—

 
—

Gain on litigation settlement
—

 
—

 
26.0

Operating income (loss)
$
(760.8
)
 
$
153.8

 
$
294.4



The table below represents information about segment assets (in millions):
Segment Identifiable Assets:
 
December 31, 2019
 
December 31, 2018
Permian
 
$
2,465.7

 
$
2,096.8

North Texas
 
1,135.8

 
1,308.2

Oklahoma
 
3,035.0

 
3,209.5

Louisiana
 
2,562.0

 
2,734.5

Corporate
 
137.3

 
1,345.1

Total identifiable assets
 
$
9,335.8

 
$
10,694.1