2017 Q4 Form 10-K Financial Statement

#000159200019000007 Filed on February 20, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $1.756B $5.740B $1.225B
YoY Change 43.37% 34.97% 14.85%
Cost Of Revenue $1.374B $4.362B $908.7M
YoY Change 51.16% 44.64% 19.9%
Gross Profit $382.6M $959.4M $316.2M
YoY Change 21.0% 14.43% 2.46%
Gross Profit Margin 21.79% 16.72% 25.81%
Selling, General & Admin $30.10M $128.6M $27.80M
YoY Change 8.27% 4.98% -11.18%
% of Gross Profit 7.87% 13.4% 8.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $138.2M $418.2M $130.9M
YoY Change 5.58% 8.09% 33.3%
% of Gross Profit 36.12% 43.59% 41.4%
Operating Expenses $278.2M $1.093B $260.9M
YoY Change 6.63% 6.61% 11.69%
Operating Profit $96.90M $294.4M $39.20M
YoY Change 147.19% -143.65% -105.66%
Interest Expense -$43.40M -$180.1M -$69.80M
YoY Change -37.82% -14.07% 187.24%
% of Operating Profit -44.79% -61.18% -178.06%
Other Income/Expense, Net -$100.0K -$171.2M $0.00
YoY Change -18.13% -100.0%
Pretax Income $53.40M $123.2M -$30.60M
YoY Change -274.51% -113.94% -95.73%
Income Tax $4.500M -$196.8M -$1.400M
% Of Pretax Income 8.43% -159.74%
Net Earnings $202.6M $212.8M -$3.900M
YoY Change -5294.87% -146.26% -98.0%
Net Earnings / Revenue 11.54% 3.71% -0.32%
Basic Earnings Per Share $1.12 $1.18 -$0.02
Diluted Earnings Per Share $1.11 $1.17 -$0.02
COMMON SHARES
Basic Shares Outstanding 180.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.00M $31.00M $205.0M
YoY Change -84.88% -84.88% 1038.89%
Cash & Equivalents $31.20M $31.00M $11.70M
Short-Term Investments $0.00 $0.00 $193.0M
Other Short-Term Assets $41.20M $7.000M $33.50M
YoY Change 22.99% 600.0% 97.06%
Inventory $30.10M $41.00M $17.40M
Prepaid Expenses
Receivables $50.10M $627.0M $63.90M
Other Receivables $103.0M $103.0M $100.0M
Total Short-Term Assets $808.7M $809.0M $773.3M
YoY Change 4.58% 4.66% 56.63%
LONG-TERM ASSETS
Property, Plant & Equipment $6.587B $6.587B $6.257B
YoY Change 5.28% 5.27% 10.41%
Goodwill $1.542B $1.542B
YoY Change 0.0% -36.11%
Intangibles $1.497B $1.624B
YoY Change -7.83% 135.43%
Long-Term Investments $89.40M $89.00M $77.30M
YoY Change 15.65% 15.58% -71.82%
Other Assets $13.40M $13.00M $2.200M
YoY Change 509.09% 550.0% -18.52%
Total Long-Term Assets $9.729B $9.729B $9.503B
YoY Change 2.38% 2.38% 5.03%
TOTAL ASSETS
Total Short-Term Assets $808.7M $809.0M $773.3M
Total Long-Term Assets $9.729B $9.729B $9.503B
Total Assets $10.54B $10.54B $10.28B
YoY Change 2.55% 2.55% 7.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $66.90M $67.00M $69.20M
YoY Change -3.32% -2.9% 108.43%
Accrued Expenses $222.9M $476.0M $217.5M
YoY Change 2.48% 42.94% 24.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.040B $1.040B $887.5M
YoY Change 17.19% 17.12% 105.25%
LONG-TERM LIABILITIES
Long-Term Debt $3.542B $3.542B $3.295B
YoY Change 7.49% 7.5% 7.48%
Other Long-Term Liabilities $33.90M $48.00M $42.50M
YoY Change -20.24% -82.86% -35.51%
Total Long-Term Liabilities $3.576B $3.590B $3.338B
YoY Change 7.14% 0.42% 6.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.040B $1.040B $887.5M
Total Long-Term Liabilities $3.576B $3.590B $3.338B
Total Liabilities $4.616B $8.616B $4.225B
YoY Change 9.25% 2.63% 18.55%
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 $1.922B $1.922B $1.881B
YoY Change
Total Liabilities & Shareholders Equity $10.54B $10.54B $10.28B
YoY Change 2.55% 2.55% 7.7%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income $202.6M $212.8M -$3.900M
YoY Change -5294.87% -146.26% -98.0%
Depreciation, Depletion And Amortization $138.2M $418.2M $130.9M
YoY Change 5.58% 8.09% 33.3%
Cash From Operating Activities $171.7M $700.1M $153.9M
YoY Change 11.57% 5.06% 12.5%
INVESTING ACTIVITIES
Capital Expenditures -$128.3M $790.8M -$239.3M
YoY Change -46.39% 19.28% 96.15%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$7.200M -$400.0K $62.60M
YoY Change -111.5% 33.33% -131.14%
Cash From Investing Activities -$135.5M -$610.8M -$176.7M
YoY Change -23.32% -55.75% -45.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.123B
YoY Change 10.74%
Cash From Financing Activities -146.9M -$69.80M -25.60M
YoY Change 473.83% -109.86% -121.04%
NET CHANGE
Cash From Operating Activities 171.7M $700.1M 153.9M
Cash From Investing Activities -135.5M -$610.8M -176.7M
Cash From Financing Activities -146.9M -$69.80M -25.60M
Net Change In Cash -110.7M $19.50M -48.40M
YoY Change 128.72% -409.52% -24.96%
FREE CASH FLOW
Cash From Operating Activities $171.7M $700.1M $153.9M
Capital Expenditures -$128.3M $790.8M -$239.3M
Free Cash Flow $300.0M -$90.70M $393.2M
YoY Change -23.7% -2767.65% 51.93%

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CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
400000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1900000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3574600000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4461400000 USD
CY2017Q2 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1.036
CY2018 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2017Q2 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
174100000 USD
CY2017Q2 us-gaap Debt Instrument Repurchased Face Amount
DebtInstrumentRepurchasedFaceAmount
162500000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6300000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6100000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
26200000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
24500000 USD
CY2017Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
26200000 USD
CY2018Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
24500000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2100000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-197200000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
16300000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
414900000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
442000000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
346200000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
362400000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
68700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
79600000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
14200000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
11700000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
346200000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
362400000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1400000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
414900000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
440600000 USD
CY2016 us-gaap Depreciation
Depreciation
386900000 USD
CY2017 us-gaap Depreciation
Depreciation
418200000 USD
CY2018 us-gaap Depreciation
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453800000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
503900000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
545300000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
577300000 USD
CY2017Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
6800000 USD
CY2018Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
28600000 USD
CY2017Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
0 USD
CY2018Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
4100000 USD
CY2016 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-11100000 USD
CY2017 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-4200000 USD
CY2018 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
5200000 USD
CY2017Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
8400000 USD
CY2018Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
21800000 USD
CY2017Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
0 USD
CY2018Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
2400000 USD
CY2016 us-gaap Distributed Earnings
DistributedEarnings
185500000 USD
CY2017 us-gaap Distributed Earnings
DistributedEarnings
187300000 USD
CY2018 us-gaap Distributed Earnings
DistributedEarnings
197700000 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
CY2018 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
194800000 USD
CY2016Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2016Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
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
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2017Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2017Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2017Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.255
CY2017Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.259
CY2018Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.263
CY2018Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.267
CY2018Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.271
CY2018Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.275
CY2016 us-gaap Dividends Cash
DividendsCash
185400000 USD
CY2017 us-gaap Dividends Cash
DividendsCash
186000000 USD
CY2018 us-gaap Dividends Cash
DividendsCash
194800000 USD
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.56
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.56
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.18
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.56
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
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
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.11
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
30400000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
37200000 USD
CY2018 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 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
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5300000 USD
CY2016 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 USD
CY2017 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 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
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
15800000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
298700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
422200000 USD
CY2016 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-11100000 USD
CY2017 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-4200000 USD
CY2018 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
5200000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-13200000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-400000 USD
CY2016 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-10500000 USD
CY2017 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
11200000 USD
CY2018 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
7000000 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
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-400000 USD
CY2016 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2017 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
26000000 USD
CY2018 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
9000000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
122500000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
128600000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
140300000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
1542200000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1542200000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1310200000 USD
CY2016Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
873300000 USD
CY2018Q4 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
232000000 USD
CY2016 us-gaap Gross Profit
GrossProfit
838400000 USD
CY2017 us-gaap Gross Profit
GrossProfit
959400000 USD
CY2018 us-gaap Gross Profit
GrossProfit
1237600000 USD
CY2016Q1 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-883600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
123200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14600000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-19900000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9600000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
13300000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4600000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-196800000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18200000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-210600000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-159400000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
5600000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1000000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
173800000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
10700000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2900000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
700000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
400000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
7800000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-11400000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
400000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
100000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-7000000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3300000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2200000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
132300000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
162100000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
58300000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-18700000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
23500000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12200000 USD
CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
118100000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
189400000 USD
CY2018 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
113100000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1497100000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1373600000 USD
CY2016 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-189500000 USD
CY2017 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-190400000 USD
CY2018 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-182300000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
133700000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
165900000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
186300000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
35600000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
37500000 USD
CY2017 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
0 USD
CY2018 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
0 USD
CY2018Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-100000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
30100000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
41300000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10537800000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10694100000 USD
CY2017Q4 us-gaap Liabilities Current
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1040100000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1280000000 USD
CY2016 us-gaap Limited Liability Company Llc Members Equity Unit Based Compensation
LimitedLiabilityCompanyLLCMembersEquityUnitBasedCompensation
30300000 USD
CY2017 us-gaap Limited Liability Company Llc Members Equity Unit Based Compensation
LimitedLiabilityCompanyLLCMembersEquityUnitBasedCompensation
42700000 USD
CY2018 us-gaap Limited Liability Company Llc Members Equity Unit Based Compensation
LimitedLiabilityCompanyLLCMembersEquityUnitBasedCompensation
41900000 USD
CY2015Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
5424900000 USD
CY2016Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
5265600000 USD
CY2017Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
5556700000 USD
CY2018Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
4974200000 USD
CY2017Q4 us-gaap Long Term Debt
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3542100000 USD
CY2018Q4 us-gaap Long Term Debt
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4031000000 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2018Q4 us-gaap Long Term Debt Current
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399800000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3211400000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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400000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
850000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3542100000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4031000000 USD
CY2017Q4 us-gaap Members Capital
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1924200000 USD
CY2018Q4 us-gaap Members Capital
MembersCapital
1730900000 USD
CY2017Q4 us-gaap Members Equity Attributable To Noncontrolling Interest
MembersEquityAttributableToNoncontrollingInterest
3634500000 USD
CY2018Q4 us-gaap Members Equity Attributable To Noncontrolling Interest
MembersEquityAttributableToNoncontrollingInterest
3245300000 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
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
517200000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
707600000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-69800000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
47900000 USD
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1300000 shares
CY2018 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
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CY2018 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 significant customers 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;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</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>
CY2018 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 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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