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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
May 31, 2017
Current assets:      
Cash and cash equivalents $ 258.1 $ 77.4  
Accounts receivable:      
Trade, net of allowance for bad debt of $0.6 and $0.5, respectively 34.2 36.2  
Accrued revenue and other 337.4 460.1  
Fair value of derivative assets 75.0 12.9  
Other current assets 19.0 57.8  
Total current assets 723.7 644.4  
Property and equipment, net of accumulated depreciation of $3,545.2 and $3,418.6, respectively 6,896.3 7,081.3  
Intangible assets, net of accumulated amortization of $576.8 and $545.9, respectively 1,219.0 1,249.9  
Goodwill 0.0 184.6  
Investment in unconsolidated affiliates 43.0 43.1  
Fair value of derivative assets 8.2 4.3  
Other assets, net 164.9 128.2  
Total assets 9,055.1 9,335.8  
Current liabilities:      
Accounts payable and drafts payable 51.2 70.6  
Accounts payable to related party 0.5 1.1  
Accrued gas, NGLs, condensate, and crude oil purchases 176.1 354.8  
Fair value of derivative liabilities 77.9 14.4  
Other current liabilities 216.8 206.2  
Total current liabilities 522.5 647.1  
Long-term debt 4,954.8 4,764.3  
Asset retirement obligations 15.7 15.5  
Other long-term liabilities 87.7 90.8  
Fair value of derivative liabilities 13.4 6.8  
Redeemable non-controlling interest 0.0 5.2  
Members’ equity:      
Members’ equity (489,137,038 and 487,791,612 units issued and outstanding, respectively) 1,764.4 2,135.5  
Accumulated other comprehensive loss (24.1) (11.0) $ (2.2)
Non-controlling interest 1,720.7 1,681.6  
Total members’ equity 3,461.0 3,806.1  
Total liabilities and members’ equity $ 9,055.1 $ 9,335.8