Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Summary of Debt

As of June 30, 2023 and December 31, 2022, long-term debt consisted of the following (in millions):

	June 30, 2023						December 31, 2022
	Outstanding Principal		Premium (Discount)		Long-Term Debt		Outstanding Principal		Premium (Discount)		Long-Term Debt
Revolving Credit Facility due 2027 (1)	$	160.0	$	—	$	160.0	$	255.0	$	—	$	255.0
AR Facility due 2025 (2)	313.1		—		313.1		500.0		—		500.0
ENLK’s 4.40% Senior unsecured notes due 2024	97.9		—		97.9		97.9		—		97.9
ENLK’s 4.15% Senior unsecured notes due 2025	421.6		—		421.6		421.6		(0.1)		421.5
ENLK’s 4.85% Senior unsecured notes due 2026	491.0		(0.2)		490.8		491.0		(0.2)		490.8
ENLC’s 5.625% Senior unsecured notes due 2028	500.0		—		500.0		500.0		—		500.0
ENLC’s 5.375% Senior unsecured notes due 2029	498.7		—		498.7		498.7		—		498.7
ENLC’s 6.50% Senior unsecured notes due 2030	1,000.0		(2.9)		997.1		700.0		—		700.0
ENLK’s 5.60% Senior unsecured notes due 2044	350.0		(0.2)		349.8		350.0		(0.2)		349.8
ENLK’s 5.05% Senior unsecured notes due 2045	450.0		(5.1)		444.9		450.0		(5.2)		444.8
ENLK’s 5.45% Senior unsecured notes due 2047	500.0		(0.1)		499.9		500.0		(0.1)		499.9
Debt classified as long-term, including current maturities of long-term debt	$	4,782.3	$	(8.5)	4,773.8		$	4,764.2	$	(5.8)	4,758.4
Debt issuance cost (3)					(35.0)						(34.9)
Less: Current maturities of long-term debt (4)					(97.9)						—
Long-term debt, net of unamortized issuance cost					$	4,640.9					$	4,723.5

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(1)The effective interest rate was 6.8% and 6.5% at June 30, 2023 and December 31, 2022, respectively.

(2)The effective interest rate was 6.1% and 5.3% at June 30, 2023 and December 31, 2022, respectively.

(3)Net of accumulated amortization of $18.0 million and $15.1 million at June 30, 2023 and December 31, 2022, respectively.

(4)The outstanding balance, net of debt issuance costs, of ENLK’s 4.40% senior unsecured notes as of June 30, 2023 are classified as “Current maturities of long-term debt” on the consolidated balance sheet as these notes mature on April 1, 2024.