Investment in Unconsolidated Affiliates

12 Months Ended

Dec. 31, 2022

Equity Method Investments and Joint Ventures [Abstract]

Investment in Unconsolidated Affiliates

(11) Investment in Unconsolidated Affiliates

As of December 31, 2022, our unconsolidated investments consisted of a 38.75% ownership in GCF, a 30% ownership in the Cedar Cove JV, and a 15% ownership in the Matterhorn JV. The following table shows the activity related to our investment in unconsolidated affiliates for the periods indicated (in millions):

	Year Ended December 31,
	2022		2021		2020
GCF
Contributions	$	1.5	$	—	$	—
Distributions	$	—	$	(3.5)	$	(1.6)
Equity in income (loss)	$	(3.2)	$	(9.1)	$	3.0
Cedar Cove JV
Distributions	$	(0.7)	$	(0.4)	$	(0.5)
Equity in loss	$	(1.9)	$	(2.4)	$	(2.4)
Matterhorn JV
Contributions	$	64.4	$	—	$	—
Equity in loss	$	(0.5)	$	—	$	—
Total
Contributions	$	65.9	$	—	$	—
Distributions	$	(0.7)	$	(3.9)	$	(2.1)
Equity in income (loss)	$	(5.6)	$	(11.5)	$	0.6

The following table shows the balances related to our investment in unconsolidated affiliates as of December 31, 2022 and 2021 (in millions):

	December 31, 2022		December 31, 2021
GCF	$	26.3	$	28.0
Cedar Cove JV (1)	(4.4)		(1.8)
Matterhorn JV	63.9		—
Total investment in unconsolidated affiliates	$	85.8	$	26.2

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(1)As of December 31, 2022 and 2021, our investment in the Cedar Cove JV is classified as “Other long-term liabilities” on the consolidated balance sheets.