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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 48.1 $ 22.6
Accounts receivable:    
Trade receivables [1] 108.6 89.2
Accrued revenue and other 583.5 636.0
Fair value of derivative assets 68.0 68.4
Other current assets 114.2 166.6
Total current assets 922.4 982.8
Property and equipment, net of accumulated depreciation of $5,154.8 and $4,774.5, respectively 6,486.6 6,556.0
Intangible assets, net of accumulated amortization of $1,019.3 and $923.6, respectively 825.5 921.2
Investment in unconsolidated affiliates 144.6 90.2
Fair value of derivative assets 13.8 2.9
Other assets, net 97.6 97.9
Total assets 8,490.5 8,651.0
Current liabilities:    
Accounts payable and drafts payable 121.9 126.9
Accrued gas, NGLs, condensate, and crude oil purchases 436.8 476.0
Fair value of derivative liabilities 54.8 42.9
Current maturities of long-term debt 97.9 0.0
Other current liabilities 256.5 229.6
Total current liabilities 967.9 875.4
Long-term debt, net of unamortized issuance cost 4,621.4 4,723.5
Other long-term liabilities 90.3 94.0
Deferred tax liability, net 82.8 42.7
Fair value of derivative liabilities 12.2 2.7
Members’ equity:    
Members’ equity (457,334,550 and 468,980,630 units issued and outstanding, respectively) 1,080.1 1,306.4
Accumulated other comprehensive income 6.2 0.0
Non-controlling interest 1,629.6 1,606.3
Total members’ equity 2,715.9 2,912.7
Commitments and contingencies (Note 16)
Total liabilities and members’ equity $ 8,490.5 $ 8,651.0
[1] There was no allowance for bad debt at September 30, 2023. Includes allowance for bad debt of $0.1 million at December 31, 2022.