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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash provided by operating activities:      
Net income (loss) $ (41.3) $ 454.3 $ 740.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 580.9 536.2 458.2
Derivative fair value net (gains) losses (Note 21) 127.3 (25.1) (72.0)
Inventory market price adjustments (Note 9) 0.0 5.8 11.4
Asset impairment (Note 11) 767.7 74.8 15.6
Environmental costs, net of recoveries (Note 25) 9.7 5.6 82.2
Distributions from investments in joint ventures 30.0 29.2 12.2
Equity earnings from investments in joint ventures (30.0) (29.2) (13.2)
Goodwill impairment (Note 15) 0.0 246.7 0.0
Allowance for equity used during construction (45.5) (70.3) (57.2)
Amortization of debt issuance and hedging costs 40.2 17.7 9.4
Other 1.6 5.9 15.1
Settlement of interest rate derivatives (Note 21) 0.0 (238.3) (0.4)
Changes in operating assets and liabilities (Note 23) (24.9) 17.5 (384.5)
Net cash provided by operating activities 1,415.7 1,030.8 816.8
Cash used in investing activities:      
Additions to property, plant and equipment (Note 23) (1,091.3) (2,116.8) (2,933.6)
Changes in restricted cash 10.1 65.4 (27.6)
Asset acquisitions 0.0 (85.0) (0.2)
Proceeds from the sale of net assets 15.2 6.6 0.0
Investment in joint venture (0.3) (4.2) (36.7)
Distributions from investments in joint ventures in excess of cumulative earnings 11.3 12.0 27.8
Other (11.3) (4.4) (6.3)
Net cash used in investing activities (1,066.3) (2,126.4) (2,976.6)
Cash provided by (used in) financing activities:      
Net proceeds from unit issuances (Note 20) 0.0 294.8 0.0
Distributions to partners (Note 20) (864.2) (835.9) (727.9)
Repayments to General Partner 0.0 (306.0) (12.0)
Proceeds from issuance of debt, net of discounts (Note 17) 0.0 1,600.0 398.1
Repayments of debt (Note 17) (300.0) 0.0 (200.0)
Net borrowings under credit facilities (Note 17) 85.0 80.0 1,185.0
Net commercial paper borrowings (repayments) (Note 17) 65.8 (286.1) 312.1
Debt issuance costs (0.8) (24.9) 0.0
Borrowings from General Partner and affiliates 750.0 0.0 0.0
Distributions to noncontrolling interest (Note 24) (241.8) (339.4) (154.0)
Net cash provided by (used in) financing activities (388.7) 1,045.8 2,192.9
Contribution from noncontrolling interest (Note 24) 117.3 863.3 1,391.6
Net increase (decrease) in cash and cash equivalents (39.3) (49.8) 33.1
Cash and cash equivalents at beginning of year 148.1 197.9 164.8
Cash and cash equivalents at end of period $ 108.8 $ 148.1 $ 197.9