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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 36.1 $ 39.6
Accounts receivable:    
Trade, net of allowance for bad debt of $0.3 and $0.5, respectively 88.5 80.6
Accrued revenue and other 636.6 447.5
Fair value of derivative assets 75.3 25.0
Other current assets 156.2 58.7
Total current assets 992.7 651.4
Property and equipment, net of accumulated depreciation of $4,215.7 and $3,863.0, respectively 6,425.1 6,652.1
Intangible assets, net of accumulated amortization of $763.2 and $668.8, respectively 1,081.6 1,125.4
Investment in unconsolidated affiliates 29.0 41.6
Fair value of derivative assets 2.2 4.9
Other assets, net 95.9 75.5
Total assets 8,626.5 8,550.9
Current liabilities:    
Accounts payable and drafts payable 103.5 60.5
Accrued gas, NGLs, condensate, and crude oil purchases [1] 529.8 291.5
Fair value of derivative liabilities 110.9 37.1
Current maturities of long-term debt 150.0 349.8
Other current liabilities 215.9 149.1
Total current liabilities 1,110.1 888.0
Long-term debt 4,242.6 4,244.0
Other long-term liabilities 92.1 94.8
Deferred tax liability, net 124.2 108.6
Fair value of derivative liabilities 2.3 2.5
Members’ equity:    
Members’ equity (487,951,939 and 489,381,149 units issued and outstanding, respectively) 1,338.8 1,508.8
Accumulated other comprehensive loss (4.2) (15.3)
Non-controlling interest 1,720.6 1,719.5
Total members’ equity 3,055.2 3,213.0
Commitments and contingencies (Note 15)
Total liabilities and members’ equity $ 8,626.5 $ 8,550.9
[1] Includes related party accounts payable balances of $1.9 million and $1.0 million at September 30, 2021 and December 31, 2020, respectively.