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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenue from contracts with customers $ 1,444.9 $ 767.3 $ 2,776.7 $ 1,904.2
Loss on derivative activity (38.2) (22.4) (121.6) (3.2)
Total revenues 1,406.7 744.9 2,655.1 1,901.0
Operating costs and expenses:        
Cost of sales, exclusive of operating expenses and depreciation and amortization [1],[2] 1,055.1 397.7 1,989.8 1,153.0
Operating expenses 96.8 88.1 153.1 188.8
Depreciation and amortization 151.9 158.2 302.9 321.0
Impairments 0.0 1.5 0.0 354.5
(Gain) loss on disposition of assets (0.3) 5.2 (0.3) 4.6
General and administrative 26.1 23.5 52.1 53.9
Total operating costs and expenses 1,329.6 674.2 2,497.6 2,075.8
Operating income (loss) 77.1 70.7 157.5 (174.8)
Other income (expense):        
Interest expense, net of interest income (60.0) (55.2) (120.0) (110.8)
Gain on extinguishment of debt 0.0 26.7 0.0 32.0
Income (loss) from unconsolidated affiliates (1.3) (0.7) (7.6) 1.0
Other income 0.2 0.0 0.1 0.0
Total other expense (61.1) (29.2) (127.5) (77.8)
Income (loss) before non-controlling interest and income taxes 16.0 41.5 30.0 (252.6)
Income tax benefit (expense) (6.6) (11.7) (8.0) 22.0
Net income (loss) 9.4 29.8 22.0 (230.6)
Net income attributable to non-controlling interest 31.0 25.7 56.3 52.1
Net income (loss) attributable to ENLC $ (21.6) $ 4.1 $ (34.3) $ (282.7)
Net income (loss) attributable to ENLC per unit:        
Basic common unit (in dollars per share) $ (0.04) $ 0.01 $ (0.07) $ (0.58)
Diluted common unit (in dollars per share) $ (0.04) $ 0.01 $ (0.07) $ (0.58)
Product sales        
Revenues:        
Revenue from contracts with customers $ 1,235.6 $ 532.6 $ 2,358.5 $ 1,425.5
Midstream services        
Revenues:        
Revenue from contracts with customers $ 209.3 $ 234.7 $ 418.2 $ 478.7
[1] Includes related party cost of sales of $3.6 million and $1.3 million for the three months ended June 30, 2021 and 2020, respectively, and excludes all operating expenses as well as depreciation and amortization related to our operating segments of $150.1 million and $156.1 million for the three months ended June 30, 2021 and 2020, respectively.
[2] Includes related party cost of sales of $6.8 million and $4.2 million for the six months ended June 30, 2021 and 2020, respectively, and excludes all operating expenses as well as depreciation and amortization related to our operating segments of $299.1 million and $316.9 million for the six months ended June 30, 2021 and 2020, respectively.