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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Summary of Financial Information
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):

PermianLouisianaOklahomaNorth TexasCorporateTotals
Three Months Ended September 30, 2020
Natural gas sales$46.5 $76.4 $40.1 $16.0 $— $179.0 
NGL sales0.1 402.3 1.2 — — 403.6 
Crude oil and condensate sales82.6 21.7 9.2 — — 113.5 
Product sales129.2 500.4 50.5 16.0 — 696.1 
NGL sales—related parties95.6 3.3 85.4 21.4 (205.7)— 
Crude oil and condensate sales—related parties— — — 0.7 (0.7)— 
Product sales—related parties95.6 3.3 85.4 22.1 (206.4)— 
Gathering and transportation 17.9 10.7 56.7 43.4 — 128.7 
Processing8.0 0.3 32.4 33.3 — 74.0 
NGL services— 14.2 — — — 14.2 
Crude services3.8 12.2 3.7 — — 19.7 
Other services0.2 0.4 0.1 0.2 — 0.9 
Midstream services29.9 37.8 92.9 76.9 — 237.5 
Crude services—related parties— — 0.1 — (0.1)— 
Midstream services—related parties— — 0.1 — (0.1)— 
Revenue from contracts with customers254.7 541.5 228.9 115.0 (206.5)933.6 
Cost of sales(185.4)(441.4)(101.0)(28.2)206.5 (549.5)
Operating expenses(22.9)(31.1)(20.1)(20.2)— (94.3)
Loss on derivative activity— — — — (5.1)(5.1)
Segment profit (loss)$46.4 $69.0 $107.8 $66.6 $(5.1)$284.7 
Depreciation and amortization$(31.9)$(36.9)$(53.0)$(36.8)$(1.7)$(160.3)
Capital expenditures$28.5 $8.5 $2.6 $3.0 $0.6 $43.2 
PermianLouisianaOklahomaNorth TexasCorporateTotals
Three Months Ended September 30, 2019
Natural gas sales$24.3 $92.0 $54.6 $22.2 $— $193.1 
NGL sales0.3 421.0 4.6 6.0 — 431.9 
Crude oil and condensate sales409.4 74.6 28.2 — — 512.2 
Product sales434.0 587.6 87.4 28.2 — 1,137.2 
Natural gas sales—related parties(0.1)— — — 0.1 — 
NGL sales—related parties69.3 7.9 90.2 21.0 (188.4)— 
Crude oil and condensate sales—related parties2.8 1.7 — 1.1 (5.6)— 
Product sales—related parties72.0 9.6 90.2 22.1 (193.9)— 
Gathering and transportation 14.7 12.2 63.7 50.1 — 140.7 
Processing8.3 0.8 35.7 36.3 — 81.1 
NGL services— 11.2 — — — 11.2 
Crude services6.4 13.5 5.9 — — 25.8 
Other services4.0 0.1 0.1 0.3 — 4.5 
Midstream services33.4 37.8 105.4 86.7 — 263.3 
Crude services—related parties— — 0.2 — (0.2)— 
Midstream services—related parties— — 0.2 — (0.2)— 
Revenue from contracts with customers539.4 635.0 283.2 137.0 (194.1)1,400.5 
Cost of sales(474.2)(529.6)(148.4)(41.4)194.1 (999.5)
Operating expenses(28.9)(38.4)(25.7)(26.2)— (119.2)
Gain on derivative activity— — — — 7.5 7.5 
Segment profit$36.3 $67.0 $109.1 $69.4 $7.5 $289.3 
Depreciation and amortization$(31.6)$(37.3)$(51.1)$(35.4)$(1.9)$(157.3)
Goodwill$184.6 $— $813.4 $125.7 $— $1,123.7 
Capital expenditures$119.7 $21.5 $48.6 $5.0 $1.7 $196.5 
PermianLouisianaOklahomaNorth TexasCorporateTotals
Nine Months Ended September 30, 2020
Natural gas sales$94.0 $226.6 $110.0 $50.7 $— $481.3 
NGL sales0.2 1,056.9 2.9 0.3 — 1,060.3 
Crude oil and condensate sales454.6 95.0 30.4 — — 580.0 
Product sales548.8 1,378.5 143.3 51.0 — 2,121.6 
NGL sales—related parties201.0 13.3 209.0 52.5 (475.8)— 
Crude oil and condensate sales—related parties0.1 — (0.1)2.6 (2.6)— 
Product sales—related parties201.1 13.3 208.9 55.1 (478.4)— 
Gathering and transportation 47.3 33.9 165.5 133.5 — 380.2 
Processing19.8 1.6 97.8 101.7 — 220.9 
NGL services— 52.4 — 0.1 — 52.5 
Crude services13.0 33.8 12.6 — — 59.4 
Other services1.0 1.2 0.3 0.7 — 3.2 
Midstream services81.1 122.9 276.2 236.0 — 716.2 
Crude services—related parties— — 0.3 — (0.3)— 
Midstream services—related parties— — 0.3 — (0.3)— 
Revenue from contracts with customers831.0 1,514.7 628.7 342.1 (478.7)2,837.8 
Cost of sales(637.7)(1,213.6)(255.8)(74.1)478.7 (1,702.5)
Operating expenses(71.1)(90.4)(62.4)(59.2)— (283.1)
Loss on derivative activity— — — — (8.3)(8.3)
Segment profit (loss)$122.2 $210.7 $310.5 $208.8 $(8.3)$843.9 
Depreciation and amortization$(92.1)$(109.3)$(163.7)$(110.4)$(5.8)$(481.3)
Impairments$(184.6)$(169.9)$— $— $— $(354.5)
Capital expenditures$161.4 $39.3 $14.1 $10.7 $1.7 $227.2 
PermianLouisianaOklahomaNorth TexasCorporateTotals
Nine Months Ended September 30, 2019
Natural gas sales$59.4 $316.8 $176.5 $104.7 $— $657.4 
NGL sales0.9 1,492.9 17.8 24.0 — 1,535.6 
Crude oil and condensate sales1,622.2 216.9 86.4 — — 1,925.5 
Product sales1,682.5 2,026.6 280.7 128.7 — 4,118.5 
Natural gas sales—related parties0.3 — — 0.3 (0.6)— 
NGL sales—related parties242.9 16.4 320.9 71.7 (651.9)— 
Crude oil and condensate sales—related parties13.7 1.7 — 3.8 (19.2)— 
Product sales—related parties256.9 18.1 320.9 75.8 (671.7)— 
Gathering and transportation 36.3 46.1 178.2 149.0 — 409.6 
Processing23.3 2.5 105.5 106.8 — 238.1 
NGL services— 32.9 — — — 32.9 
Crude services16.9 40.2 15.1 — — 72.2 
Other services8.4 0.5 — 0.8 — 9.7 
Midstream services84.9 122.2 298.8 256.6 — 762.5 
NGL services—related parties— (3.3)— — 3.3 — 
Crude services—related parties— — 1.7 — (1.7)— 
Midstream services—related parties— (3.3)1.7 — 1.6 — 
Revenue from contracts with customers2,024.3 2,163.6 902.1 461.1 (670.1)4,881.0 
Cost of sales(1,830.9)(1,844.1)(492.0)(166.1)670.1 (3,663.0)
Operating expenses(85.1)(111.6)(77.2)(77.7)— (351.6)
Gain on derivative activity— — — — 16.2 16.2 
Segment profit$108.3 $207.9 $332.9 $217.3 $16.2 $882.6 
Depreciation and amortization$(89.6)$(116.0)$(144.8)$(106.6)$(6.1)$(463.1)
Impairments$— $(186.5)$— $— $— $(186.5)
Goodwill$184.6 $— $813.4 $125.7 $— $1,123.7 
Capital expenditures$268.0 $82.0 $227.1 $36.3 $5.7 $619.1 
Reconciliation of Profits to Operating Income (Loss)
The following table reconciles the segment profits reported above to the operating income (loss) as reported on the consolidated statements of operations (in millions):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2020201920202019
Segment profit$284.7 $289.3 $843.9 $882.6 
General and administrative expenses(25.7)(38.5)(79.6)(122.1)
Gain (loss) on disposition of assets1.8 3.0 (2.8)2.9 
Depreciation and amortization(160.3)(157.3)(481.3)(463.1)
Impairments— — (354.5)(186.5)
Loss on secured term loan receivable — — — (52.9)
Operating income (loss)$100.5 $96.5 $(74.3)$60.9 
Schedule of Segment Assets
The table below represents information about segment assets as of September 30, 2020 and December 31, 2019 (in millions):
Segment Identifiable Assets:September 30, 2020December 31, 2019
Permian$2,245.3 $2,465.7 
Louisiana2,278.9 2,562.0 
Oklahoma2,889.1 3,035.0 
North Texas1,031.2 1,135.8 
Corporate222.7 137.3 
Total identifiable assets$8,667.2 $9,335.8