2016 Q4 Form 10-K Financial Statement

#000159200018000003 Filed on February 21, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015 Q3
Revenue $1.225B $1.067B $1.171B
YoY Change 14.85% 6.63% 36.53%
Cost Of Revenue $908.7M $757.9M $861.8M
YoY Change 19.9% 8.82% 44.31%
Gross Profit $316.2M $308.6M $203.8M
YoY Change 2.46% 1.65% 9.28%
Gross Profit Margin 25.81% 28.94% 17.41%
Selling, General & Admin $27.80M $31.30M $34.80M
YoY Change -11.18% 2.96% 42.62%
% of Gross Profit 8.79% 10.14% 17.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $130.9M $98.20M $98.40M
YoY Change 33.3% 14.59% 31.03%
% of Gross Profit 41.4% 31.82% 48.28%
Operating Expenses $260.9M $233.6M $238.2M
YoY Change 11.69% 17.27% 32.85%
Operating Profit $39.20M -$692.0M -$731.8M
YoY Change -105.66% -762.84% -941.15%
Interest Expense -$69.80M -$24.30M -$20.70M
YoY Change 187.24% 200.0% 283.33%
% of Operating Profit -178.06%
Other Income/Expense, Net $0.00 -$2.400M -$23.90M
YoY Change -100.0% -36.84% 334.55%
Pretax Income -$30.60M -$717.1M -$755.7M
YoY Change -95.73% -875.24% -1027.24%
Income Tax -$1.400M $4.600M $200.0K
% Of Pretax Income
Net Earnings -$3.900M -$195.0M -$193.4M
YoY Change -98.0% -763.27% -829.81%
Net Earnings / Revenue -0.32% -18.28% -16.52%
Basic Earnings Per Share -$0.02 -$1.18 -$1.18
Diluted Earnings Per Share -$0.02 -$1.18 -$1.18
COMMON SHARES
Basic Shares Outstanding 164.2M shares 164.2M shares
Diluted Shares Outstanding 164.2M shares

Balance Sheet

Concept 2016 Q4 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $205.0M $18.00M $83.00M
YoY Change 1038.89% -73.53% 107.5%
Cash & Equivalents $11.70M $18.00M $82.50M
Short-Term Investments $193.0M
Other Short-Term Assets $33.50M $17.00M $16.00M
YoY Change 97.06% 0.0% 1500.0%
Inventory $17.40M $42.00M $74.00M
Prepaid Expenses
Receivables $63.90M $37.50M $30.70M
Other Receivables $100.0M $111.0M $120.0M
Total Short-Term Assets $773.3M $493.7M $655.5M
YoY Change 56.63% -23.79% 36.34%
LONG-TERM ASSETS
Property, Plant & Equipment $6.257B $5.667B $5.566B
YoY Change 10.41% 12.37% 23.04%
Goodwill $1.542B $2.414B $3.157B
YoY Change -36.11% -34.49% -14.56%
Intangibles $1.624B $689.9M $602.8M
YoY Change 135.43% 29.44% 15.32%
Long-Term Investments $77.30M $274.3M $263.5M
YoY Change -71.82% 1.29% -4.56%
Other Assets $2.200M $2.700M $26.60M
YoY Change -18.52% -84.66% -11.33%
Total Long-Term Assets $9.503B $9.048B $9.618B
YoY Change 5.03% -5.35% 6.32%
TOTAL ASSETS
Total Short-Term Assets $773.3M $493.7M $655.5M
Total Long-Term Assets $9.503B $9.048B $9.618B
Total Assets $10.28B $9.541B $10.27B
YoY Change 7.7% -6.52% 7.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.20M $33.20M $40.60M
YoY Change 108.43% -69.43% 8.85%
Accrued Expenses $217.5M $174.8M $205.5M
YoY Change 24.43% 14.77% 124.84%
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 $887.5M $432.4M $536.7M
YoY Change 105.25% -10.77% 27.94%
LONG-TERM LIABILITIES
Long-Term Debt $3.295B $3.066B $2.852B
YoY Change 7.48% 51.59% 53.81%
Other Long-Term Liabilities $42.50M $65.90M $70.80M
YoY Change -35.51% -21.36% -19.64%
Total Long-Term Liabilities $3.338B $3.132B $2.922B
YoY Change 6.57% 48.69% 50.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $887.5M $432.4M $536.7M
Total Long-Term Liabilities $3.338B $3.132B $2.922B
Total Liabilities $4.225B $3.564B $3.459B
YoY Change 18.55% 37.57% 46.47%
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 $1.881B $2.286B $2.519B
YoY Change
Total Liabilities & Shareholders Equity $10.28B $9.541B $10.27B
YoY Change 7.7% -6.52% 7.83%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income -$3.900M -$195.0M -$193.4M
YoY Change -98.0% -763.27% -829.81%
Depreciation, Depletion And Amortization $130.9M $98.20M $98.40M
YoY Change 33.3% 14.59% 31.03%
Cash From Operating Activities $153.9M $136.8M $214.6M
YoY Change 12.5% 38.32% 36.86%
INVESTING ACTIVITIES
Capital Expenditures -$239.3M -$122.0M -$101.1M
YoY Change 96.15% -52.33% -50.29%
Acquisitions
YoY Change
Other Investing Activities $62.60M -$201.0M -$8.200M
YoY Change -131.14% -1.52% -62.39%
Cash From Investing Activities -$176.7M -$323.0M -$109.3M
YoY Change -45.29% -29.78% -51.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.60M 121.7M -94.80M
YoY Change -121.04% -68.79% -203.04%
NET CHANGE
Cash From Operating Activities 153.9M 136.8M 214.6M
Cash From Investing Activities -176.7M -323.0M -109.3M
Cash From Financing Activities -25.60M 121.7M -94.80M
Net Change In Cash -48.40M -64.50M 10.50M
YoY Change -24.96% -323.18% -55.51%
FREE CASH FLOW
Cash From Operating Activities $153.9M $136.8M $214.6M
Capital Expenditures -$239.3M -$122.0M -$101.1M
Free Cash Flow $393.2M $258.8M $315.7M
YoY Change 51.93% -27.06% -12.35%

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3245300000 USD
CY2016 us-gaap Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
3015500000 USD
CY2017 us-gaap Cost Of Purchased Oil And Gas
CostOfPurchasedOilAndGas
4361500000 USD
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
5754000000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
4926900000 USD
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
5445200000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3100000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2500000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
400000 USD
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3310300000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3574600000 USD
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1.036
CY2017 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
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174100000 USD
CY2017Q2 us-gaap Debt Instrument Repurchased Face Amount
DebtInstrumentRepurchasedFaceAmount
162500000 USD
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DebtInstrumentUnamortizedDiscountPremiumNet
-9600000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6300000 USD
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24600000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
26200000 USD
CY2016Q4 us-gaap Deferred Finance Costs Noncurrent Net
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24600000 USD
CY2017Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
26200000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22600000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2100000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-197200000 USD
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542600000 USD
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14200000 USD
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900000 USD
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0.00
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-0.02
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0 USD
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542600000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
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346200000 USD
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609500000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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414900000 USD
CY2015 us-gaap Depreciation
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331300000 USD
CY2016 us-gaap Depreciation
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386900000 USD
CY2017 us-gaap Depreciation
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418200000 USD
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387300000 USD
CY2016 us-gaap Depreciation And Amortization
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503900000 USD
CY2017 us-gaap Depreciation And Amortization
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545300000 USD
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1300000 USD
CY2017Q4 us-gaap Derivative Assets Current
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6800000 USD
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9400000 USD
CY2016 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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-11100000 USD
CY2017 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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-4200000 USD
CY2016Q4 us-gaap Derivative Liabilities Current
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7600000 USD
CY2017Q4 us-gaap Derivative Liabilities Current
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8400000 USD
CY2015 us-gaap Distributed Earnings
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166100000 USD
CY2016 us-gaap Distributed Earnings
DistributedEarnings
185500000 USD
CY2017 us-gaap Distributed Earnings
DistributedEarnings
187300000 USD
CY2015 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
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162800000 USD
CY2016 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
185400000 USD
CY2017 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
186000000 USD
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0.245
CY2015Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.250
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0.255
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0.255
CY2016Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.255
CY2016Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.255
CY2016Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2016Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.255
CY2017Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.255
CY2017Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.255
CY2017Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.255
CY2017Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
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0.259
CY2015 us-gaap Dividends Cash
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162800000 USD
CY2016 us-gaap Dividends Cash
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185400000 USD
CY2017 us-gaap Dividends Cash
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186000000 USD
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0.10
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0.09
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-1.18
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-1.18
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-2.17
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-2.56
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0.01
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EarningsPerShareBasic
-2.56
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
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0 USD
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-1.18
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132300000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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162100000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
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EarningsPerShareBasic
0.03
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1.12
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.18
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0.10
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EarningsPerShareDiluted
0.09
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-1.18
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-2.17
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-2.56
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EarningsPerShareDiluted
0.01
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EarningsPerShareDiluted
0.00
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26000000 USD
CY2015 us-gaap Gain On Business Interruption Insurance Recovery
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2400000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.56
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
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EarningsPerShareDiluted
0.03
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EarningsPerShareDiluted
0.03
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1.11
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
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19000000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
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30400000 USD
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8300000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7100000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11300000 USD
CY2015 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
3500000 USD
CY2016 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 USD
CY2017 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
900000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
21600000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3100000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
13300000 USD
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171600000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
298700000 USD
CY2015 us-gaap Gain Loss On Derivative Instruments Net Pretax
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9400000 USD
CY2016 us-gaap Gain Loss On Derivative Instruments Net Pretax
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-11100000 USD
CY2017 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-4200000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets
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-1200000 USD
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-13200000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
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0 USD
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-17100000 USD
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GainLossOnSaleOfDerivatives
-10500000 USD
CY2017 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
11200000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-1200000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-13200000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2015 us-gaap Gain Loss Related To Litigation Settlement
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0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
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9000000 USD
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136900000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
122500000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
128600000 USD
CY2015Q4 us-gaap Goodwill
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2413900000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
1542200000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1542200000 USD
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1328200000 USD
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873300000 USD
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786900000 USD
CY2016 us-gaap Gross Profit
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838400000 USD
CY2017 us-gaap Gross Profit
GrossProfit
959400000 USD
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5100000 USD
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0 USD
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-883600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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123200000 USD
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20400000 USD
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IncomeLossFromEquityMethodInvestments
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IncomeLossFromEquityMethodInvestments
9600000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25700000 USD
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IncomeTaxExpenseBenefit
4600000 USD
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IncomeTaxExpenseBenefit
-196800000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
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-116000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-159400000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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5600000 USD
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149400000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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173800000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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0 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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0 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2900000 USD
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1100000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
400000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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-8300000 USD
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-11400000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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400000 USD
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13700000 USD
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IncomeTaxesPaidNet
-7000000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3300000 USD
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-171400000 USD
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6700000 USD
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-18700000 USD
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23500000 USD
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118100000 USD
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189400000 USD
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1624200000 USD
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1497100000 USD
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110000000 USD
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133700000 USD
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InterestPaid
165900000 USD
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34200000 USD
CY2017Q4 us-gaap Interest Payable Current
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35600000 USD
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-100000 USD
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17400000 USD
CY2017Q4 us-gaap Inventory Net
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30100000 USD
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10275900000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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10537800000 USD
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887500000 USD
CY2017Q4 us-gaap Liabilities Current
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1040100000 USD
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36100000 USD
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LimitedLiabilityCompanyLLCMembersEquityUnitBasedCompensation
30300000 USD
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LimitedLiabilityCompanyLLCMembersEquityUnitBasedCompensation
42700000 USD
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7074800000 USD
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5424900000 USD
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5265600000 USD
CY2017Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
5556700000 USD
CY2016Q4 us-gaap Long Term Debt
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3295300000 USD
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3542100000 USD
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3100000000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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474600000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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3295300000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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3542100000 USD
CY2016Q4 us-gaap Members Capital
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1880900000 USD
CY2017Q4 us-gaap Members Capital
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1924200000 USD
CY2016Q4 us-gaap Members Equity Attributable To Noncontrolling Interest
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3384700000 USD
CY2017Q4 us-gaap Members Equity Attributable To Noncontrolling Interest
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3634500000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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359500000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
382400000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
433100000 USD
CY2015 us-gaap Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
451000000 USD
CY2016 us-gaap Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
467200000 USD
CY2017 us-gaap Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
552300000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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418500000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
707600000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-69800000 USD
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300000 USD
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CY2017Q4 us-gaap Other Sundry Liabilities Current
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73800000 USD
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572300000 USD
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663000000 USD
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27800000 USD
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1300000 USD
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21100000 USD
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54600000 USD
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200000 USD
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2900000 USD
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300000 USD
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400000 USD
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16400000 USD
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167900000 USD
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CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
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189700000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
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1000000 USD
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93100000 USD
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2300000 USD
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-1409700000 USD
CY2016 us-gaap Profit Loss
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CY2017 us-gaap Profit Loss
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320000000 USD
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570500000 USD
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676100000 USD
CY2017 us-gaap Property Plant And Equipment Additions
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768100000 USD
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106600000 USD
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8400000 USD
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8380800000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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9120000000 USD
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6256700000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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6587000000 USD
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44800000 USD
CY2017Q4 us-gaap Provision For Loss On Contracts
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26900000 USD
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5200000 USD
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4600000 USD
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2134300000 USD
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2123400000 USD
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0 USD
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0 USD
CY2017 us-gaap Repayments Of Other Debt
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250000000 USD
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3253700000 USD
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3008900000 USD
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4358400000 USD
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36100000 USD
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30300000 USD
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48100000 USD
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0.0298
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.086
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.14
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.061
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.054
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3302
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4602
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5205
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5289
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5207
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0099
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0110
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0089
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0091
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0162
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
214900000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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-2900000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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-1200000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-4800000 USD
CY2016Q4 us-gaap Unbilled Contracts Receivable
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369600000 USD
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576600000 USD
CY2015 us-gaap Undistributed Earnings
UndistributedEarnings
-523100000 USD
CY2016 us-gaap Undistributed Earnings
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-645500000 USD
CY2017 us-gaap Undistributed Earnings
UndistributedEarnings
25500000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
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2000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
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1500000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
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0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
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0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
500000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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1500000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2016Q4 us-gaap Unsecured Debt
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3100000000 USD
CY2017Q4 us-gaap Unsecured Debt
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3500000000 USD
CY2015 us-gaap Weighted Average Limited Partnership Units Outstanding
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164200000 shares
CY2016 us-gaap Weighted Average Limited Partnership Units Outstanding
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179700000 shares
CY2017 us-gaap Weighted Average Limited Partnership Units Outstanding
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180500000 shares
CY2015 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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164200000 shares
CY2016 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
179700000 shares
CY2017 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
181800000 shares
CY2015 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
CY2016 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
CY2017 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
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1300000 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments, which potentially subject us to concentrations of credit risk, consist primarily of trade accounts receivable and commodity financial instruments. Management believes the risk is limited, other than our exposure to Devon discussed below, since our customers represent a broad and diverse group of energy marketers and end users. In addition, we continually monitor and review the credit exposure of our marketing counter-parties, and letters of credit or other appropriate security are obtained when considered necessary to limit the risk of loss. We record reserves for uncollectible accounts on a specific identification basis since there is not a large volume of late paying customers. We had a reserve for uncollectible receivables of</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.1 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;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 our management 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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