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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net income $ 317.7 $ 325.5 [1] $ 242.0 [1]
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation expense 142.5 126.9 [1] 116.5 [1]
(Gain) loss on sale of property, plant and equipment [1]   (0.6) (4.7)
(Gain) loss on interest rate swaps (0.8) (0.4) [1] (1.7) [1]
(Income) loss from equity investments (3.4)    
(Increase) decrease in capitalized interest (4.1)    
Amortization of deferred financing costs 5.1 5.0 [1] 3.8 [1]
Equity-based compensation expense 1.5 0.9 [1] 0.2 [1]
Deferred income tax expense (benefit) (0.1)    
Changes in assets and liabilities:      
Accounts receivable – affiliate (19.5) (6.3) [1] (16.9) [1]
Other current and noncurrent assets (1.4) 1.9 [1] 1.2 [1]
Accounts payable – trade 11.5 4.0 [1] (16.7) [1]
Accounts payable – affiliate 3.7 (6.4) [1] 7.5 [1]
Accrued liabilities 18.6 17.3 [1] 3.2 [1]
Other current and noncurrent liabilities (0.6) (0.9) [1] 2.1 [1]
Net cash provided by (used in) operating activities 470.7 466.9 [1] 336.5 [1]
Cash flows from investing activities      
Acquisitions (89.2)    
Payments for equity investments (33.0) (67.3) [1]  
Proceeds from sale of property, plant and equipment [1]   1.6 12.8
Additions to property, plant and equipment (306.4) (241.9) [1] (144.2) [1]
Net cash provided by (used in) investing activities (497.5) (307.6) [1] (131.4) [1]
Cash flows from financing activities      
Proceeds from (repayments of) bank borrowings - revolver 32.0   (153.0) [1]
Borrowings 210.0    
Repayments (7.5) (2.5) [1] (385.0) [1]
Proceeds from issuance of senior notes 550.0   800.0 [1]
Financing costs (20.4) (1.0) [1] (22.9) [1]
IPO proceeds, net of underwriters' discounts [1]     365.5
Distribution of IPO proceeds to Hess and GIP     (349.5)
Cash offering costs [1]     (2.1)
Distributions to HESM limited partners (85.4) (74.1) [1] (31.7) [1]
Cash consideration paid related to Restructuring (601.8)    
Other contributions (distributions) [1]   (6.1) 27.6
Net cash provided by (used in) financing activities (79.2) (405.7) [1] 148.9 [1]
Increase (decrease) in cash and cash equivalents (106.0) (246.4) [1] 354.0 [1]
Cash and cash equivalents, beginning of period [1] 109.3 355.7 1.7
Cash and cash equivalents, end of period 3.3 109.3 [1] 355.7 [1]
Supplemental disclosure of non-cash investing and financing activities:      
(Increase) decrease in accrued capital expenditures and related liabilities (10.7) (29.4) [1] 25.9 [1]
Recognition of deferred tax asset 49.7    
Removal of historical capitalized offering costs [1]     8.6
Hess and GIP      
Cash flows from financing activities      
Distribution of IPO proceeds to Hess and GIP [1]     (349.5)
Distributions to Hess and GIP [1]   $ (322.0) $ (100.0)
Hess      
Cash flows from investing activities      
Acquisitions (68.9)    
Cash flows from financing activities      
Capital distribution to Hess associated with acquisitions $ (156.1)    
[1] The financial information presented in this report has been retrospectively adjusted for the acquisition of Hess Infrastructure Partners LP.