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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 68.7 $ 26.2
Accounts receivable:    
Trade, net of allowance for bad debt of $0.3 and $0.3, respectively 70.4 94.9
Accrued revenue and other 857.9 693.3
Fair value of derivative assets 68.1 22.4
Other current assets 112.7 83.6
Total current assets 1,177.8 920.4
Property and equipment, net of accumulated depreciation of $4,450.6 and $4,332.0, respectively 6,321.8 6,388.3
Intangible assets, net of accumulated amortization of $827.9 and $795.1, respectively 1,016.9 1,049.7
Investment in unconsolidated affiliates 27.3 28.0
Fair value of derivative assets 0.1 0.2
Other assets, net 96.3 96.6
Total assets 8,640.2 8,483.2
Current liabilities:    
Accounts payable and drafts payable 131.7 139.6
Accrued gas, NGLs, condensate, and crude oil purchases [1] 740.0 521.5
Fair value of derivative liabilities 97.2 34.9
Other current liabilities 215.4 202.9
Total current liabilities 1,184.3 898.9
Long-term debt, net of unamortized issuance cost 4,315.0 4,363.7
Other long-term liabilities 94.0 93.9
Deferred tax liability, net 140.5 137.5
Fair value of derivative liabilities 0.6 2.2
Members’ equity:    
Members’ equity (483,364,767 and 484,277,258 units issued and outstanding, respectively) 1,291.5 1,325.8
Accumulated other comprehensive loss (1.3) (1.4)
Non-controlling interest 1,615.6 1,662.6
Total members’ equity 2,905.8 2,987.0
Commitments and contingencies (Note 14)
Total liabilities and members’ equity $ 8,640.2 $ 8,483.2
[1] Includes related party accounts payable balances of $5.8 million and $1.6 million at March 31, 2022 and December 31, 2021, respectively.