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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Summary of Financial Information Summarized financial information for our reportable segments is shown in the following tables (in millions):
PermianLouisianaOklahomaNorth TexasCorporateTotals
Year Ended December 31, 2020
Natural gas sales$150.1 $330.5 $153.1 $70.3 $— $704.0 
NGL sales0.2 1,545.4 2.8 — — 1,548.4 
Crude oil and condensate sales558.1 126.7 40.3 — — 725.1 
Product sales708.4 2,002.6 196.2 70.3 — 2,977.5 
NGL sales—related parties312.6 31.4 296.4 115.2 (755.6)— 
Crude oil and condensate sales—related parties0.6 — (0.1)3.6 (4.1)— 
Product sales—related parties313.2 31.4 296.3 118.8 (759.7)— 
Gathering and transportation42.8 46.5 228.7 179.2 — 497.2 
Processing24.1 2.0 123.6 132.6 — 282.3 
NGL services— 75.8 — 0.2 — 76.0 
Crude services16.8 45.2 16.5 0.2 — 78.7 
Other services1.2 1.6 0.4 0.9 — 4.1 
Midstream services84.9 171.1 369.2 313.1 — 938.3 
Crude services—related parties— — 0.3 — (0.3)— 
Midstream services—related parties— — 0.3 — (0.3)— 
Revenue from contracts with customers1,106.5 2,205.1 862.0 502.2 (760.0)3,915.8 
Cost of sales, exclusive of operating expenses and depreciation and amortization (1)(842.2)(1,787.0)(365.5)(153.8)760.0 (2,388.5)
Loss on derivative activity— — — — (22.0)(22.0)
Adjusted gross margin264.3 418.1 496.5 348.4 (22.0)1,505.3 
Operating expenses(94.2)(120.0)(82.2)(77.4)— (373.8)
Segment profit (loss)170.1 298.1 414.3 271.0 (22.0)1,131.5 
Depreciation and amortization(125.2)(145.8)(216.9)(143.4)(7.3)(638.6)
Impairments(184.6)(170.0)(0.7)— (7.5)(362.8)
Gain (loss) on disposition of assets(11.2)0.1 0.3 2.0 — (8.8)
General and administrative— — — — (103.3)(103.3)
Interest expense, net of interest income— — — — (223.3)(223.3)
Gain on extinguishment of debt— — — — 32.0 32.0 
Income from unconsolidated affiliates— — — — 0.6 0.6 
Other income— — — — 0.3 0.3 
Income (loss) before non-controlling interest and income taxes$(150.9)$(17.6)$197.0 $129.6 $(330.5)$(172.4)
Capital expenditures$181.1 $44.6 $17.9 $16.9 $2.1 $262.6 
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(1)Includes related party cost of sales of $8.7 million for the year ended December 31, 2020 and excludes all operating expenses as well as depreciation and amortization related to our operating segments of $631.3 million for the year ended December 31, 2020.
PermianLouisianaOklahomaNorth TexasCorporateTotals
Year Ended December 31, 2019
Natural gas sales$94.3 $416.6 $236.4 $129.3 $— $876.6 
NGL sales0.9 1,725.6 19.6 30.9 — 1,777.0 
Crude oil and condensate sales1,975.0 291.9 109.6 — — 2,376.5 
Product sales2,070.2 2,434.1 365.6 160.2 — 5,030.1 
Natural gas sales—related parties0.4 — — — (0.4)— 
NGL sales—related parties347.7 25.7 421.1 94.8 (889.3)— 
Crude oil and condensate sales—related parties13.5 1.7 — 5.5 (20.7)— 
Product sales—related parties361.6 27.4 421.1 100.3 (910.4)— 
Gathering and transportation48.8 58.3 234.5 196.4 — 538.0 
Processing30.5 3.2 138.2 143.0 — 314.9 
NGL services— 50.6 — 0.1 — 50.7 
Crude services19.2 51.9 19.8 — — 90.9 
Other services12.0 0.7 0.1 1.1 — 13.9 
Midstream services110.5 164.7 392.6 340.6 — 1,008.4 
NGL services—related parties— (3.4)— — 3.4 — 
Crude services—related parties— — 1.8 — (1.8)— 
Midstream services—related parties— (3.4)1.8 — 1.6 — 
Revenue from contracts with customers2,542.3 2,622.8 1,181.1 601.1 (908.8)6,038.5 
Cost of sales, exclusive of operating expenses and depreciation and amortization (1)(2,283.9)(2,181.6)(627.0)(208.8)908.8 (4,392.5)
Gain on derivative activity— — — — 14.4 14.4 
Adjusted gross margin258.4 441.2 554.1 392.3 14.4 1,660.4 
Operating expenses(112.9)(147.3)(104.0)(102.9)— (467.1)
Segment profit145.5 293.9 450.1 289.4 14.4 1,193.3 
Depreciation and amortization(119.8)(154.1)(194.9)(139.8)(8.4)(617.0)
Impairments(3.5)(188.7)(813.5)(127.8)— (1,133.5)
Gain (loss) on disposition of assets(0.3)2.6 0.1 (0.5)— 1.9 
General and administrative— — — — (152.6)(152.6)
Loss on secured term loan receivable— — — — (52.9)(52.9)
Interest expense, net of interest income— — — — (216.0)(216.0)
Loss from unconsolidated affiliates— — — — (16.8)(16.8)
Other income— — — — 0.9 0.9 
Income (loss) before non-controlling interest and income taxes$21.9 $(46.3)$(558.2)$21.3 $(431.4)$(992.7)
Capital expenditures$364.5 $99.9 $238.1 $39.0 $6.9 $748.4 
____________________________
(1)Includes related party cost of sales of $21.7 million for the year ended December 31, 2019 and excludes all operating expenses as well as depreciation and amortization related to our operating segments of $608.6 million for the year ended December 31, 2019.
PermianLouisianaOklahomaNorth TexasCorporateTotals
Year Ended December 31, 2018
Natural gas sales$152.3 $531.1 $189.7 $140.6 $— $1,013.7 
NGL sales0.5 2,786.3 25.2 29.0 — 2,841.0 
Crude oil and condensate sales2,344.1 227.1 85.9 0.5 — 2,657.6 
Product sales2,496.9 3,544.5 300.8 170.1 — 6,512.3 
Natural gas sales—related parties(0.3)0.3 2.5 — — 2.5 
NGL sales—related parties454.1 47.4 590.8 49.4 (1,104.3)37.4 
Crude oil and condensate sales—related parties— 0.2 0.3 1.8 (1.2)1.1 
Product sales—related parties453.8 47.9 593.6 51.2 (1,105.5)41.0 
Gathering and transportation28.0 68.8 143.2 146.3 — 386.3 
Processing23.8 3.3 128.7 83.9 — 239.7 
NGL services— 59.6 — — — 59.6 
Crude services4.2 60.1 2.8 — — 67.1 
Other services8.7 0.9 0.1 0.9 — 10.6 
Midstream services64.7 192.7 274.8 231.1 — 763.3 
Gathering and transportation—related parties— — 80.6 122.7 — 203.3 
Processing—related parties— — 48.5 108.5 — 157.0 
NGL services—related parties— 3.3 — — (3.3)— 
Crude services—related parties14.9 — 1.5 — — 16.4 
Other services—related parties— — — 0.5 — 0.5 
Midstream services—related parties14.9 3.3 130.6 231.7 (3.3)377.2 
Revenue from contracts with customers3,030.3 3,788.4 1,299.8 684.1 (1,108.8)7,693.8 
Cost of sales, exclusive of operating expenses and depreciation and amortization (1)(2,808.3)(3,365.7)(743.6)(199.2)1,108.8 (6,008.0)
Gain on derivative activity— — — — 5.2 5.2 
Adjusted gross margin222.0 422.7 556.2 484.9 5.2 1,691.0 
Operating expenses(96.1)(154.3)(90.3)(112.7)— (453.4)
Segment profit125.9 268.4 465.9 372.2 5.2 1,237.6 
Depreciation and amortization(111.0)(150.9)(178.8)(127.9)(8.7)(577.3)
Impairments(138.5)(24.6)— (202.7)— (365.8)
Gain (loss) on disposition of assets— (0.1)(0.8)0.4 0.1 (0.4)
General and administrative— — — — (140.3)(140.3)
Interest expense, net of interest income— — — — (182.3)(182.3)
Income from unconsolidated affiliates— — — — 13.3 13.3 
Other income— — — — 0.6 0.6 
Income (loss) before non-controlling interest and income taxes$(123.6)$92.8 $286.3 $42.0 $(312.1)$(14.6)
Capital expenditures$271.7 $54.4 $493.8 $24.7 $5.3 $849.9 
____________________________
(1)Includes related party cost of sales of $114.1 million for the year ended December 31, 2018 and excludes all operating expenses as well as depreciation and amortization related to our operating segments of $568.6 million for the year ended December 31, 2018.
Schedule of Segment Assets
The table below represents information about segment assets as of December 31, 2020 and 2019 (in millions):
Segment Identifiable Assets:December 31, 2020December 31, 2019
Permian$2,188.1 $2,465.7 
Louisiana2,284.8 2,562.0 
Oklahoma2,816.4 3,035.0 
North Texas1,001.7 1,135.8 
Corporate (1)259.9 137.3 
Total identifiable assets$8,550.9 $9,335.8 
____________________________
(1)Includes accounts receivable sold to the SPV for collateral under the AR Facility for the year ended December 31, 2020.