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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 18.1 $ 26.2
Accounts receivable:    
Trade, net of allowance for bad debt of $0.3 and $0.3, respectively 101.1 94.9
Accrued revenue and other 913.7 693.3
Fair value of derivative assets 95.6 22.4
Other current assets 159.7 83.6
Total current assets 1,288.2 920.4
Property and equipment, net of accumulated depreciation of $4,570.4 and $4,332.0, respectively 6,259.0 6,388.3
Intangible assets, net of accumulated amortization of $859.8 and $795.1, respectively 985.0 1,049.7
Investment in unconsolidated affiliates 53.0 28.0
Fair value of derivative assets 0.0 0.2
Other assets, net 93.6 96.6
Total assets 8,678.8 8,483.2
Current liabilities:    
Accounts payable and drafts payable 177.9 139.6
Accrued gas, NGLs, condensate, and crude oil purchases [1] 768.9 521.5
Fair value of derivative liabilities 88.7 34.9
Other current liabilities 184.1 202.9
Total current liabilities 1,219.6 898.9
Long-term debt, net of unamortized issuance cost 4,320.0 4,363.7
Other long-term liabilities 93.3 93.9
Deferred tax liability, net 138.7 137.5
Fair value of derivative liabilities 1.2 2.2
Members’ equity:    
Members’ equity (479,825,804 and 484,277,258 units issued and outstanding, respectively) 1,293.3 1,325.8
Accumulated other comprehensive loss (1.3) (1.4)
Non-controlling interest 1,614.0 1,662.6
Total members’ equity 2,906.0 2,987.0
Commitments and contingencies (Note 15)
Total liabilities and members’ equity $ 8,678.8 $ 8,483.2
[1] Includes related party accounts payable balances of $5.7 million and $1.6 million at June 30, 2022 and December 31, 2021, respectively.