2015 Form 10-K Financial Statement

#000159200016000022 Filed on February 17, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $4.452B $1.000B $857.4M
YoY Change 26.92% 65.93% 48.29%
Cost Of Revenue $3.245B $696.5M $597.2M
YoY Change 30.1% 52.51% 37.13%
Gross Profit $786.9M $303.6M $186.5M
YoY Change 6.94% 107.8% 74.46%
Gross Profit Margin 17.67% 30.35% 21.75%
Selling, General & Admin $137.4M $30.40M $24.40M
YoY Change 33.14% 137.5% 125.93%
% of Gross Profit 17.46% 10.01% 13.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $387.3M $85.70M $75.10M
YoY Change 36.23% 77.07% 56.46%
% of Gross Profit 49.22% 28.23% 40.27%
Operating Expenses $944.1M $199.2M $179.3M
YoY Change 41.93% 96.45% 89.53%
Operating Profit -$1.302B $104.4M $87.00M
YoY Change -467.46% 133.56% 80.87%
Interest Expense -$74.70M -$8.100M -$5.400M
YoY Change 262.62% -276.09% -193.1%
% of Operating Profit -7.76% -6.21%
Other Income/Expense, Net -$82.10M -$3.800M -$5.500M
YoY Change 191.13% -194.83%
Pretax Income -$1.384B $92.50M $81.50M
YoY Change -524.41% 87.63% 51.21%
Income Tax $25.70M $16.90M $17.30M
% Of Pretax Income 18.27% 21.23%
Net Earnings -$355.2M $29.40M $26.50M
YoY Change -386.45% 27.83% -12.54%
Net Earnings / Revenue -7.98% 2.94% 3.09%
Basic Earnings Per Share -$2.17 $0.16 $0.18
Diluted Earnings Per Share -$2.17 $0.16 $0.17
COMMON SHARES
Basic Shares Outstanding 164.2M shares 164.0M shares 164.0M shares
Diluted Shares Outstanding 164.2M shares 164.4M shares

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.00M $68.00M $40.00M
YoY Change -73.53% 185.71%
Cash & Equivalents $18.00M $68.40M $39.50M
Short-Term Investments
Other Short-Term Assets $17.00M $17.00M $1.000M
YoY Change 0.0% -76.71%
Inventory $42.00M $49.00M $57.00M
Prepaid Expenses
Receivables $306.0M $139.0M $49.00M
Other Receivables $111.0M $122.0M $113.0M
Total Short-Term Assets $494.0M $647.8M $480.8M
YoY Change -23.77% 721.04% 93.87%
LONG-TERM ASSETS
Property, Plant & Equipment $5.667B $5.043B $4.523B
YoY Change 12.37% 185.21% 16.79%
Goodwill $3.685B $3.695B
YoY Change 817.28% 819.74%
Intangibles $533.0M $522.7M
YoY Change
Long-Term Investments $274.0M $270.8M $276.1M
YoY Change 1.11% 343.21% -0.68%
Other Assets $3.000M $17.60M $30.00M
YoY Change -89.29% 2900.0%
Total Long-Term Assets $9.047B $9.559B $9.047B
YoY Change -5.36% 328.48% 13.56%
TOTAL ASSETS
Total Short-Term Assets $494.0M $647.8M $480.8M
Total Long-Term Assets $9.047B $9.559B $9.047B
Total Assets $9.541B $10.21B $9.528B
YoY Change -6.52% 341.89% 15.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.00M $108.6M $37.30M
YoY Change -72.95% 6288.24%
Accrued Expenses $207.0M $152.3M $91.40M
YoY Change 0.98% 292.53% -72.47%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $432.0M $484.6M $419.5M
YoY Change -10.93% 525.29% 26.36%
LONG-TERM LIABILITIES
Long-Term Debt $3.066B $2.023B $1.854B
YoY Change 51.56% 55.14%
Other Long-Term Liabilities $79.00M $83.80M $88.10M
YoY Change -19.39% -23.39%
Total Long-Term Liabilities $3.145B $2.106B $1.942B
YoY Change 48.28% 48.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $432.0M $484.6M $419.5M
Total Long-Term Liabilities $3.145B $2.106B $1.942B
Total Liabilities $7.256B $2.591B $2.362B
YoY Change -1.0% 3243.1% -57.48%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.286B $2.774B $6.658B
YoY Change
Total Liabilities & Shareholders Equity $9.541B $10.21B $9.528B
YoY Change -6.52% 341.89% 15.98%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$355.2M $29.40M $26.50M
YoY Change -386.45% 27.83% -12.54%
Depreciation, Depletion And Amortization $387.3M $85.70M $75.10M
YoY Change 36.23% 77.07% 56.46%
Cash From Operating Activities $628.4M $98.90M $156.8M
YoY Change 36.94% -5.99% 77.38%
INVESTING ACTIVITIES
Capital Expenditures $572.3M -$255.9M -$203.4M
YoY Change -28.1% 495.12% 355.03%
Acquisitions $524.2M
YoY Change
Other Investing Activities -$525.0M -$204.1M -$21.80M
YoY Change 48.64% -2043.81% -114.6%
Cash From Investing Activities -$1.097B -$460.0M -$225.2M
YoY Change -4.47% 1315.38% -315.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.134B
YoY Change -23.58%
Cash From Financing Activities $418.5M 390.0M 92.00M
YoY Change -44.8% -636.45% -144.44%
NET CHANGE
Cash From Operating Activities $628.4M 98.90M 156.8M
Cash From Investing Activities -$1.097B -460.0M -225.2M
Cash From Financing Activities $418.5M 390.0M 92.00M
Net Change In Cash -$50.40M 28.90M 23.60M
YoY Change -173.68% -32324102826666730.0% -268.57%
FREE CASH FLOW
Cash From Operating Activities $628.4M $98.90M $156.8M
Capital Expenditures $572.3M -$255.9M -$203.4M
Free Cash Flow $56.10M $354.8M $360.2M
YoY Change -116.64% 139.41% 170.62%

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CY2014 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-600000 USD
CY2015 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
CY2013 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
31100000 USD
CY2014 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
5000000 USD
CY2015 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
164055004 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
164242160 shares
CY2015Q4 us-gaap Common Unit Issuance Value
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14.66 USD
CY2015 us-gaap Concentration Risk Percentage1
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0.100
CY2014 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
700000 USD
CY2015 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
-5200000 USD
CY2013 us-gaap Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
1736300000 USD
CY2014 us-gaap Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
2494500000 USD
CY2015 us-gaap Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
3245300000 USD
CY2013 us-gaap Costs And Expenses
CostsAndExpenses
2124600000 USD
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
3153500000 USD
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
5754000000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
65100000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
70700000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-116000000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
31500000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3100000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1900000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5700000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-7700000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3076700000 USD
CY2014 us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Maximum
DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
0.071
CY2015 us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Maximum
DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
0.071
CY2014 us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Minimum
DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
0.027
CY2015 us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Minimum
DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
0.027
CY2015Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-13100000 USD
CY2014Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
17500000 USD
CY2015Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
23800000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
558900000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
23100000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
26800000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
67400000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22600000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
532800000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross Current
DeferredTaxAssetsGrossCurrent
16900000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross Current
DeferredTaxAssetsGrossCurrent
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
6200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
26800000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
16900000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
4200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
3600000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
2000000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
2300000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
509700000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
532100000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
526600000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
532100000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
9300000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1300000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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523500000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
557600000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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5500000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7000000 USD
CY2015 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2015 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2013 us-gaap Depreciation
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187000000 USD
CY2014 us-gaap Depreciation
Depreciation
247800000 USD
CY2015 us-gaap Depreciation
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331300000 USD
CY2013 us-gaap Depreciation And Amortization
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187000000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
284300000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
387300000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
187000000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
284300000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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387300000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset
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10000000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0 USD
CY2013 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2014 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
22100000 USD
CY2015 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
9400000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
16700000 USD
CY2015Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
16800000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
3000000 USD
CY2015Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
2900000 USD
CY2014Q4 us-gaap Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
2000000 USD
CY2015Q4 us-gaap Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
100000 USD
CY2013 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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1600000 USD
CY2013 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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-1300000 USD
CY2014 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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600000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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130300000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Operating Expense
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15700000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Revenue
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126700000 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
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17300000 USD
CY2014 us-gaap Distributed Earnings
DistributedEarnings
127600000 USD
CY2015 us-gaap Distributed Earnings
DistributedEarnings
166100000 USD
CY2013 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
0 USD
CY2014 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
89000000 USD
CY2015 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
162800000 USD
CY2014Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.18
CY2014Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.22
CY2014Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.23
CY2014Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.235
CY2015Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.245
CY2015Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.25
CY2015Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2015Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2014Q1 us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2014-05-14
us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2014-08-13
CY2014Q3 us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2014-11-13
CY2014Q4 us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2015-02-12
CY2015Q1 us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2015-05-14
CY2015Q2 us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2015-08-13
us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2015-11-12
CY2015Q4 us-gaap Distribution Made To Limited Partner Distribution Date
DistributionMadeToLimitedPartnerDistributionDate
2016-02-11
CY2014Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.36
us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.365
CY2014Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.370
CY2014Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.375
CY2015Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.38
CY2015Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.385
us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.39
CY2015Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.39
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
89000000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
162800000 USD
CY2014Q4 us-gaap Drafts Payable
DraftsPayable
13200000 USD
CY2015Q4 us-gaap Drafts Payable
DraftsPayable
500000 USD
CY2014Q4 us-gaap Due From Affiliate Current
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121600000 USD
CY2015Q4 us-gaap Due From Affiliate Current
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110800000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.18
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.18
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.17
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.18
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.18
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.17
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014Q4 us-gaap Employee Related Liabilities Current
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19700000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
27700000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4800000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5300000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8300000 USD
CY2015 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
3500000 USD
CY2013 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
10900000 USD
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7000000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
21600000 USD
CY2014Q4 us-gaap Equity Method Investments
EquityMethodInvestments
270800000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
274300000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
0 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36500000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
54600000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
459400000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
46100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
46100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
46100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
46100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
46100000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
0 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
569500000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
744500000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
0 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
533000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
689900000 USD
CY2014 us-gaap Finitelived Intangible Assets Acquired1
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569500000 USD
CY2015 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
436000000 USD
CY2013 us-gaap Gain Loss On Derivative Instruments Net Pretax
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0 USD
CY2014 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
22100000 USD
CY2015 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
9400000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
100000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1200000 USD
CY2014Q3 us-gaap Gain Loss Related To Litigation Settlement
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6100000 USD
CY2013 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2014 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
6100000 USD
CY2015 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2015 us-gaap Gain On Business Interruption Insurance Recovery
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2400000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
3200000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2014Q4 us-gaap Gas Imbalance Asset Liability
GasImbalanceAssetLiability
1200000 USD
CY2015Q4 us-gaap Gas Imbalance Asset Liability
GasImbalanceAssetLiability
3600000 USD
CY2014Q4 us-gaap Gas Imbalance Payable Current
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1500000 USD
CY2015Q4 us-gaap Gas Imbalance Payable Current
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2600000 USD
CY2013 us-gaap General And Administrative Expense
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45100000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
97300000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
136900000 USD
CY2013Q4 us-gaap Goodwill
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401700000 USD
CY2014Q4 us-gaap Goodwill
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3684700000 USD
CY2015Q4 us-gaap Goodwill
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2413900000 USD
CY2014 us-gaap Goodwill Acquired During Period
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3283000000 USD
CY2015 us-gaap Goodwill Acquired During Period
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57400000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1328200000 USD
CY2013 us-gaap Gross Profit
GrossProfit
403400000 USD
CY2014 us-gaap Gross Profit
GrossProfit
735800000 USD
CY2015 us-gaap Gross Profit
GrossProfit
786900000 USD
CY2015Q4 us-gaap Impaired Assets To Be Disposed Of By Method Other Than Sale Carrying Value Of Asset
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5100000 USD
CY2015 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
223100000 USD
CY2015 us-gaap Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
47500000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
186100000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
326100000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1384000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
119100000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
249700000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1409700000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2300000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
1300000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-3600000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
1000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
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18900000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
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CY2013 us-gaap Income Tax Expense Benefit
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67000000 USD
CY2014 us-gaap Income Tax Expense Benefit
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CY2015 us-gaap Income Tax Expense Benefit
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25700000 USD
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CY2014 us-gaap Income Taxes Paid
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7500000 USD
CY2015 us-gaap Income Taxes Paid
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CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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0 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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98900000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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8200000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2015 us-gaap Interest Paid
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EnLink Midstream Partners GP, LLC
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2014-02-20
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1500000000 USD
CY2014Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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1000000000 USD
CY2015Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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2262500000 USD
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100000 USD
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414000000 USD
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400000000 USD
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0 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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100000 USD
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48500000 USD
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0 USD
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458900000 USD
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628400000 USD
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CY2014 us-gaap Net Income Loss
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CY2015 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss Allocated To General Partners
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138300000 USD
CY2015 us-gaap Net Income Loss Allocated To General Partners
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58000000 USD
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CY2014 us-gaap Operating Costs And Expenses
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CY2014Q1 us-gaap Operating Income Loss
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CY2014 us-gaap Operating Income Loss
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CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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11000000 USD
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9000000 USD
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72700000 USD
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51400000 USD
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CY2015Q4 us-gaap Other Liabilities Noncurrent
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200000 USD
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0 USD
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180000000 USD
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CY2014 us-gaap Other Tax Expense Benefit
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0 USD
CY2015 us-gaap Other Tax Expense Benefit
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149400000 USD
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19700000 USD
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9600000 USD
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151200000 USD
CY2014 us-gaap Payments Of Distributions To Affiliates
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21300000 USD
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0 USD
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0 USD
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204300000 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
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359500000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1100000 USD
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2900000 USD
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12500000 USD
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0 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
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5700000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
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25800000 USD
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0 USD
CY2014 us-gaap Payments To Acquire Other Productive Assets
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357900000 USD
CY2015 us-gaap Payments To Acquire Other Productive Assets
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524200000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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244300000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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796000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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572300000 USD
CY2013 us-gaap Proceeds From Contributions From Affiliates
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105700000 USD
CY2015 us-gaap Proceeds From Contributions From Affiliates
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27800000 USD
CY2013 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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1100000 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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10900000 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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21100000 USD
CY2013 us-gaap Proceeds From Insurance Settlement Investing Activities
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0 USD
CY2014 us-gaap Proceeds From Insurance Settlement Investing Activities
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CY2015 us-gaap Proceeds From Insurance Settlement Investing Activities
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2900000 USD
CY2014Q4 us-gaap Proceeds From Issuance Of Common Limited Partners Units
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332300000 USD
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0 USD
CY2014 us-gaap Proceeds From Issuance Of Common Limited Partners Units
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412000000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Limited Partners Units
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24400000 USD
CY2014 us-gaap Proceeds From Minority Shareholders
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6300000 USD
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3367800000 USD
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3204400000 USD
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0 USD
CY2015 us-gaap Proceeds From Minority Shareholders
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16400000 USD
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10200000 USD
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CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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100000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
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1000000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
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0 USD
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400000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
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100000 USD
CY2013 us-gaap Profit Loss
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CY2014 us-gaap Profit Loss
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758700000 USD
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570500000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
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6469100000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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5042800000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
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CY2014Q4 us-gaap Provision For Loss On Contracts
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80700000 USD
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62800000 USD
CY2014Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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0 USD
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7000000 USD
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0 USD
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7000000 USD
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0 USD
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3000000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
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3600000 USD
CY2013 us-gaap Repayments Of Long Term Debt
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0 USD
CY2014 us-gaap Repayments Of Long Term Debt
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2792700000 USD
CY2015 us-gaap Repayments Of Long Term Debt
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2134300000 USD
CY2013 us-gaap Revenues
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2295900000 USD
CY2014Q1 us-gaap Revenues
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CY2014Q2 us-gaap Revenues
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CY2014Q3 us-gaap Revenues
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CY2014Q4 us-gaap Revenues
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1000200000 USD
CY2014 us-gaap Revenues
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3507800000 USD
CY2015Q1 us-gaap Revenues
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940500000 USD
CY2015Q2 us-gaap Revenues
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1274500000 USD
CY2015Q3 us-gaap Revenues
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1170600000 USD
CY2015Q4 us-gaap Revenues
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1066500000 USD
CY2015 us-gaap Revenues
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4452100000 USD
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179400000 USD
CY2014 us-gaap Sales Revenue Goods Net
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2159300000 USD
CY2015 us-gaap Sales Revenue Goods Net
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3253700000 USD
CY2013 us-gaap Sales Revenue Services Net
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0 USD
CY2014 us-gaap Sales Revenue Services Net
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253400000 USD
CY2015 us-gaap Sales Revenue Services Net
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451000000 USD
CY2013 us-gaap Share Based Compensation
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CY2014 us-gaap Share Based Compensation
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19600000 USD
CY2015 us-gaap Share Based Compensation
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36100000 USD
CY2015Q2 us-gaap Share Price
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31.09
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28.37
CY2015Q4 us-gaap Shares Issued Price Per Share
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17.55
CY2014 us-gaap Stock Issued During Period Value New Issues
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412000000 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
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384400000 USD
CY2014Q4 us-gaap Stockholders Equity
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2774300000 USD
CY2015Q4 us-gaap Stockholders Equity
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2285700000 USD
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2002000000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1783700000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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7074800000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5424900000 USD
CY2015 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
12100000 USD
CY2014Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
253300000 USD
CY2015Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
268800000 USD
CY2014 us-gaap Undistributed Earnings
UndistributedEarnings
37100000 USD
CY2015 us-gaap Undistributed Earnings
UndistributedEarnings
523100000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1500000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
500000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
3800000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
200000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2014Q4 us-gaap Unsecured Debt
UnsecuredDebt
1785100000 USD
CY2015Q4 us-gaap Unsecured Debt
UnsecuredDebt
2675600000 USD
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164300000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
164200000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164000000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
164200000 shares
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">(n) Concentrations of Credit Risk</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of trade accounts receivable and commodity financial instruments. Management believes the risk is limited, other than the Company's exposure to Devon discussed below, since the Company's customers represent a broad and diverse group of energy marketers and end users. In addition, the Company continually monitors and reviews credit exposure of its marketing counter-parties and letters of credit or other appropriate security are obtained when considered necessary to limit the risk of loss. The Company records reserves for uncollectible accounts on a specific identification basis since there is not a large volume of late paying customers. The Company had a reserve for uncollectible receivables as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> of </font><font style="font-family:inherit;font-size:10pt;">$0.3</font><font style="font-family:inherit;font-size:10pt;"> million and had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> reserve for uncollectible receivables as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, the Company had only one customer other than the affiliate transactions that individually represented greater than </font><font style="font-family:inherit;font-size:10pt;">10.0%</font><font style="font-family:inherit;font-size:10pt;"> of its consolidated midstream revenues. The customer is located in the Louisiana segment and represented </font><font style="font-family:inherit;font-size:10pt;">11.7%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">11.0%</font><font style="font-family:inherit;font-size:10pt;">, of the consolidated revenues for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. The affiliate transactions with Devon represented </font><font style="font-family:inherit;font-size:10pt;">16.6%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">30.6%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">92.2%</font><font style="font-family:inherit;font-size:10pt;"> of the consolidated midstream revenues for the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">, respectively. As the Company continues to grow and expand, the relationship between individual customer sales and consolidated total sales is expected to continue to change. Devon and the Company's Louisiana customer represent a significant percentage of revenues and the loss of either customer would have a material adverse impact on the Company's results of operations because the gross operating margin received from transactions with these customers is material to the Company.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">(b) Management's Use of Estimates</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with US GAAP requires management of the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from these estimates.</font></div></div>

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