2018 Q2 Form 10-K Financial Statement

#000150446118000024 Filed on May 30, 2018

View on sec.gov

Income Statement

Concept 2018 Q2
Revenue $2.055B
YoY Change 50.93%
Cost Of Revenue $1.947B
YoY Change 60.0%
Gross Profit $108.4M
YoY Change -25.21%
Gross Profit Margin 5.27%
Selling, General & Admin $22.30M
YoY Change -0.45%
% of Gross Profit 20.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.94M
YoY Change -1.41%
% of Gross Profit 51.61%
Operating Expenses $130.7M
YoY Change 5.66%
Operating Profit -$84.55M
YoY Change 860.95%
Interest Expense $46.27M
YoY Change -5.78%
% of Operating Profit
Other Income/Expense, Net -$33.74M
YoY Change -2000.96%
Pretax Income -$164.5M
YoY Change 185.59%
Income Tax $651.0K
% Of Pretax Income
Net Earnings -$168.5M
YoY Change 166.0%
Net Earnings / Revenue -8.2%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.379M
COMMON SHARES
Basic Shares Outstanding 121.6M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.70M
YoY Change -29.74%
Cash & Equivalents $13.68M
Short-Term Investments
Other Short-Term Assets $650.1M
YoY Change 571.59%
Inventory $600.5M
Prepaid Expenses
Receivables $1.097B
Other Receivables $8.800M
Total Short-Term Assets $2.370B
YoY Change 77.67%
LONG-TERM ASSETS
Property, Plant & Equipment $1.604B
YoY Change -9.33%
Goodwill $1.263B
YoY Change -13.0%
Intangibles $907.5M
YoY Change -19.69%
Long-Term Investments $1.995M
YoY Change -98.96%
Other Assets $175.1M
YoY Change -26.7%
Total Long-Term Assets $3.954B
YoY Change -17.36%
TOTAL ASSETS
Total Short-Term Assets $2.370B
Total Long-Term Assets $3.954B
Total Assets $6.324B
YoY Change 3.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $836.2M
YoY Change 60.15%
Accrued Expenses $83.30M
YoY Change -28.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $600.0K
YoY Change -98.6%
Total Short-Term Liabilities $1.165B
YoY Change 42.66%
LONG-TERM LIABILITIES
Long-Term Debt $3.032B
YoY Change 6.99%
Other Long-Term Liabilities $63.54M
YoY Change -64.01%
Total Long-Term Liabilities $63.54M
YoY Change -64.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.165B
Total Long-Term Liabilities $63.54M
Total Liabilities $1.229B
YoY Change 23.7%
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 $1.984B
YoY Change
Total Liabilities & Shareholders Equity $6.324B
YoY Change 3.35%

Cashflow Statement

Concept 2018 Q2
OPERATING ACTIVITIES
Net Income -$168.5M
YoY Change 166.0%
Depreciation, Depletion And Amortization $55.94M
YoY Change -1.41%
Cash From Operating Activities -$41.15M
YoY Change -4251.87%
INVESTING ACTIVITIES
Capital Expenditures -$72.70M
YoY Change 163.41%
Acquisitions $116.6M
YoY Change 485.98%
Other Investing Activities -$174.8M
YoY Change -1050.0%
Cash From Investing Activities -$247.5M
YoY Change 2590.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $280.3M
YoY Change 1708.9%
NET CHANGE
Cash From Operating Activities -$41.15M
Cash From Investing Activities -$247.5M
Cash From Financing Activities $280.3M
Net Change In Cash -$8.412M
YoY Change -215.49%
FREE CASH FLOW
Cash From Operating Activities -$41.15M
Capital Expenditures -$72.70M
Free Cash Flow $31.56M
YoY Change 10.37%

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CY2018Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
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CY2016 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
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CY2017 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
964702 shares
CY2018 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
59393 shares
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4200000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3400000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3600000 USD
CY2016 us-gaap Depreciation
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136938000 USD
CY2017 us-gaap Depreciation
Depreciation
119707000 USD
CY2018 us-gaap Depreciation
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128808000 USD
CY2016 us-gaap Depreciation And Amortization
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228924000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
223205000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
252712000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
249211000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
237795000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
269430000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Net
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10976000 USD
CY2018Q1 us-gaap Derivative Fair Value Of Derivative Net
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-5250000 USD
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103223000 USD
CY2017 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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-56356000 USD
CY2018 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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-116878000 USD
CY2017Q1 us-gaap Derivative Liabilities Current
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27622000 USD
CY2018Q1 us-gaap Derivative Liabilities Current
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51039000 USD
CY2018 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
For every dollar that employees contribute up to 1% of their eligible compensation (as defined in the plan), we contribute one dollar, plus 50 cents for every dollar employees contribute between 1% and 6% of their eligible compensation (as defined in the plan). Our matching contributions prior to January 1, 2015 vest over five years and, effective January 1, 2015, our matching contributions vest over two years.
CY2016 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
0 USD
CY2017 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
0 USD
CY2018 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
4725000 USD
CY2015Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
59651000 USD
CY2015Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
67313000 USD
CY2015Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
66248000 USD
CY2016Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
67310000 USD
CY2016Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
40626000 USD
CY2016Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
41146000 USD
CY2016Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
41907000 USD
CY2017Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
42923000 USD
CY2017Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
46870000 USD
CY2017Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
47460000 USD
CY2017Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
47000000 USD
CY2018Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
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47223000 USD
CY2015Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.6250
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0.6325
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CY2016Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.6400
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0.3900
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0.3900
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0.3900
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0.3900
CY2017Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.3900
CY2017Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.3900
CY2017Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.3900
CY2018Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.3900
CY2017Q1 us-gaap Due From Related Parties Current
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6711000 USD
CY2018Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
4772000 USD
CY2017Q1 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
3200000 USD
CY2018Q1 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
1200000 USD
CY2017Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
7918000 USD
CY2018Q1 us-gaap Due To Related Parties Current
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1254000 USD
CY2016 us-gaap Early Repayment Of Subordinated Debt
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43421000 USD
CY2017 us-gaap Early Repayment Of Subordinated Debt
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21193000 USD
CY2018 us-gaap Early Repayment Of Subordinated Debt
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486699000 USD
CY2017Q1 us-gaap Employee Related Liabilities Current
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22227000 USD
CY2018Q1 us-gaap Employee Related Liabilities Current
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22841000 USD
CY2017Q1 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
146857000 USD
CY2018Q1 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
77351000 USD
CY2017Q1 us-gaap Energy Related Inventory Propane Gas
EnergyRelatedInventoryPropaneGas
38631000 USD
CY2018Q1 us-gaap Energy Related Inventory Propane Gas
EnergyRelatedInventoryPropaneGas
45262000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
17404000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3564000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4632000 USD
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107425000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
115896000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
117101000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
28550000 USD
CY2018Q1 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
25232000 USD
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EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
20764000 USD
CY2018Q1 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
17300000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
46595000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
17969000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
30025000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
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294705000 USD
CY2018Q1 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
102780000 USD
CY2017Q1 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
17119000 USD
CY2018Q1 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
12486000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
273857000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
183702000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
187368000 USD
CY2017Q1 us-gaap Equity Method Investments
EquityMethodInvestments
187423000 USD
CY2018Q1 us-gaap Equity Method Investments
EquityMethodInvestments
17236000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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414605000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
486456000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
485461000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
129131000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
86513000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
97517000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
112630000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
125745000 USD
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FiniteLivedIntangibleAssetsGross
1558411000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1523453000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1143806000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1036997000 USD
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FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P13Y4M24D
CY2016 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2017 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
16205000 USD
CY2017 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
16200000 USD
CY2018 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
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-320766000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
209177000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
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105313000 USD
CY2016 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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56388000 USD
CY2017 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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15188000 USD
CY2018 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
6771000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
139541000 USD
CY2017 us-gaap General And Administrative Expense
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116566000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
109451000 USD
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13446000 USD
CY2015Q4 us-gaap General Partner Distributions
GeneralPartnerDistributions
16277000 USD
CY2015Q3 us-gaap General Partner Distributions
GeneralPartnerDistributions
15483000 USD
CY2016Q1 us-gaap General Partner Distributions
GeneralPartnerDistributions
16279000 USD
CY2016Q2 us-gaap General Partner Distributions
GeneralPartnerDistributions
70000 USD
CY2016Q3 us-gaap General Partner Distributions
GeneralPartnerDistributions
71000 USD
CY2016Q4 us-gaap General Partner Distributions
GeneralPartnerDistributions
72000 USD
CY2017Q1 us-gaap General Partner Distributions
GeneralPartnerDistributions
74000 USD
CY2017Q2 us-gaap General Partner Distributions
GeneralPartnerDistributions
80000 USD
CY2017Q3 us-gaap General Partner Distributions
GeneralPartnerDistributions
81000 USD
CY2017Q4 us-gaap General Partner Distributions
GeneralPartnerDistributions
81000 USD
CY2018Q1 us-gaap General Partner Distributions
GeneralPartnerDistributions
81000 USD
CY2017Q1 us-gaap General Partners Capital Account
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-50529000 USD
CY2018Q1 us-gaap General Partners Capital Account
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-50819000 USD
CY2017Q1 us-gaap General Partners Capital Account Units Issued
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16026 shares
CY2018Q1 us-gaap General Partners Capital Account Units Issued
GeneralPartnersCapitalAccountUnitsIssued
1294 shares
CY2017Q1 us-gaap General Partners Capital Account Units Outstanding
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120300 shares
CY2018Q1 us-gaap General Partners Capital Account Units Outstanding
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CY2016Q1 us-gaap Goodwill
Goodwill
1315362000 USD
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Goodwill
1451716000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
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12858000 USD
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2251000 USD
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124662000 USD
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116877000 USD
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-1166000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
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427000 USD
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24959000 USD
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-187464000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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145813000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-68147000 USD
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-2.35
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1.38
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-0.71
CY2016Q4 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
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-0.07
CY2017Q1 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.14
CY2017 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
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0.95
CY2017Q2 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
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-0.61
CY2017Q3 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
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-1.56
CY2017Q4 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
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0.32
CY2018Q1 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.71
CY2018 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
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-1.08
CY2016 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
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-2.35
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
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1.66
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
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-0.71
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
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-0.07
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
0.14
CY2017 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
0.99
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
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-0.61
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
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-1.56
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
0.33
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
0.76
CY2018 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership And General Partnership Unit Basic
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
-1.08
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16121000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3084000 USD
CY2017 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
143874000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7964000 USD
CY2016 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-187097000 USD
CY2018 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
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-69605000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-367000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1939000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1458000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2300000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2022000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1843000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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-439709000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
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239047000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
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195542000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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-505540000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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269425000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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296851000 USD
CY2016 us-gaap Increase Decrease In Inventories
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-74686000 USD
CY2017 us-gaap Increase Decrease In Inventories
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192190000 USD
CY2018 us-gaap Increase Decrease In Inventories
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7708000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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-10572000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
53173000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
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19738000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
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-20668000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
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-7072000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
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-23999000 USD
CY2017Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
20150000 USD
CY2018Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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17485000 USD
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1578561000 USD
CY2018Q1 us-gaap Intangible Assets Gross Excluding Goodwill
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1540938000 USD
CY2017Q1 us-gaap Intangible Assets Net Excluding Goodwill
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1163956000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
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1054482000 USD
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4012000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
6887000 USD
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
182000 USD
CY2016 us-gaap Interest Expense
InterestExpense
133089000 USD
CY2017 us-gaap Interest Expense
InterestExpense
150478000 USD
CY2018 us-gaap Interest Expense
InterestExpense
199570000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
117185000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
117912000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
192938000 USD
CY2017Q1 us-gaap Interest Payable Current
InterestPayableCurrent
44418000 USD
CY2018Q1 us-gaap Interest Payable Current
InterestPayableCurrent
40024000 USD
CY2017Q1 us-gaap Inventory Net
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561432000 USD
CY2018Q1 us-gaap Inventory Net
InventoryNet
564553000 USD
CY2018 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
6600000 USD
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6320379000 USD
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LiabilitiesAndStockholdersEquity
6151122000 USD
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938598000 USD
CY2018Q1 us-gaap Liabilities Current
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1116382000 USD
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LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.001
CY2018 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.001
CY2017 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.999
CY2018 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.999
CY2017Q1 us-gaap Limited Partners Capital Account
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2192413000 USD
CY2018Q1 us-gaap Limited Partners Capital Account
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1852495000 USD
CY2017Q1 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
120179407 shares
CY2018Q1 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
121472725 shares
CY2017Q1 us-gaap Limited Partners Capital Account Units Outstanding
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120179407 shares
CY2018Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
121472725 shares
CY2018Q1 us-gaap Long Term Debt
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2706469000 USD
CY2017Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2963483000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2682628000 USD
CY2017Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
29590000 USD
CY2018Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3196000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1005100000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3196000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
81000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1336840000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5484000 USD
CY2018Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
355768000 USD
CY2018 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-5825000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35720000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3292000 USD
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3082000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
12817000 USD
CY2018 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
22883000 USD
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NetCashProvidedByUsedInContinuingOperations
-13127000 USD
CY2017 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-15912000 USD
CY2018 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
13943000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
80705000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
371454000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-394281000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-445327000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-363126000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
270582000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
351495000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-24240000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
137642000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-198929000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
176920000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-66599000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
976000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
25745000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
137042000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-63362000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-173371000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
56256000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
109602000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-70875000 USD
CY2016 us-gaap Net Income Loss Allocated To General Partners
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47620000 USD
CY2017 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
232000 USD
CY2018 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
5000 USD
CY2016 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-246549000 USD
CY2017 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
106668000 USD
CY2018 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-130926000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11832000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6832000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
240000 USD
CY2016 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2017 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2018 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
1030000 USD
CY2016 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-187097000 USD
CY2017 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
143874000 USD
CY2018 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-70635000 USD
CY2016 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
511291000 USD
CY2018 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
59233000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1301000 USD
CY2017Q1 us-gaap Noncurrent Assets
NoncurrentAssets
4405945000 USD
CY2018Q1 us-gaap Noncurrent Assets
NoncurrentAssets
4086987000 USD
CY2017Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
40684000 USD
CY2018Q1 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
29463000 USD
CY2016 us-gaap Oil And Gas Revenue
OilAndGasRevenue
3217079000 USD
CY2017 us-gaap Oil And Gas Revenue
OilAndGasRevenue
1666884000 USD
CY2018 us-gaap Oil And Gas Revenue
OilAndGasRevenue
2260075000 USD
CY2016 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
401118000 USD
CY2017 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
307925000 USD
CY2018 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
330857000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-104603000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
255083000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
138257000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
522507000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
132861000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
53273000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
71038000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
99312000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
115962000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
50061000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
125500000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
124300000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
125100000 USD
CY2017Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
58252000 USD
CY2018Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
50780000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
239604000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
245941000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-48000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1671000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
13000 USD
CY2017Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
9210000 USD
CY2018Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
4811000 USD
CY2017Q1 us-gaap Other Liabilities Current
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207125000 USD
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
230087000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
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184534000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
173514000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5854000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5036000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-765000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5575000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
27762000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8403000 USD
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
462000 USD
CY2017 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
844000 USD
CY2018 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1174000 USD
CY2016 us-gaap Other Utility Costs
OtherUtilityCosts
182000 USD
CY2017 us-gaap Other Utility Costs
OtherUtilityCosts
400000 USD
CY2018 us-gaap Other Utility Costs
OtherUtilityCosts
530000 USD
CY2017Q1 us-gaap Partners Capital
PartnersCapital
2141884000 USD
CY2018Q1 us-gaap Partners Capital
PartnersCapital
2004407000 USD
CY2016 us-gaap Partners Capital Account Acquisitions
PartnersCapitalAccountAcquisitions
28356000 USD
CY2017 us-gaap Partners Capital Account Acquisitions
PartnersCapitalAccountAcquisitions
3940000 USD
CY2016 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
11601000 USD
CY2017 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
721000 USD
CY2018 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
23000 USD
CY2016 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
322007000 USD
CY2017 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
181581000 USD
CY2018 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
229792000 USD
CY2017 us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
287136000 USD
CY2018 us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
202731000 USD
CY2016 us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
17680000 USD
CY2018 us-gaap Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
15817000 USD
CY2016 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
33290000 USD
CY2017 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
68414000 USD
CY2018 us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
34651000 USD
CY2016 us-gaap Partners Capital Account Units Treasury
PartnersCapitalAccountUnitsTreasury
1623804 shares
us-gaap Partners Capital Account Units Treasury
PartnersCapitalAccountUnitsTreasury
1516848 shares
CY2017Q1 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
26746000 USD
CY2018Q1 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
83503000 USD
CY2015Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2693432000 USD
CY2016Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
1694065000 USD
CY2017Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2166802000 USD
CY2018Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2086095000 USD
CY2016 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
15621000 USD
CY2017 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
3200000 USD
CY2018 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
2510000 USD
CY2016 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-105662000 USD
CY2017 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
37442000 USD
CY2018 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
100654000 USD
CY2016 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
17680000 USD
CY2017 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2018 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
15817000 USD
CY2016 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2017 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2018 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
10549000 USD
CY2016 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
322007000 USD
CY2017 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
181581000 USD
CY2018 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
225067000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10237000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
33558000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2700000 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
35720000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3292000 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3082000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
19395000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
234652000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
122832000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
50417000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
11431000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2105000 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
21465000 USD
CY2016 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
661885000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
363871000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
156214000 USD
CY2018 us-gaap Preferred Stock Dividend Payment Terms
PreferredStockDividendPaymentTerms
Distributions on the Class B Preferred Units are payable on the 15th day of each January, April, July and October of each year to holders of record on the first day of each payment month. The initial distribution rate for the Class B Preferred Units from and including the date of original issue to, but not including, July 1, 2022 is 9.00% per year of the $25.00 liquidation preference per unit (equal to $2.25 per unit per year). On and after July 1, 2022, distributions on the Class B Preferred Units will accumulate at a percentage of the $25.00 liquidation preference equal to the applicable three-month LIBOR plus a spread of 7.213%.
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
30142000 USD
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
59697000 USD
CY2017Q1 us-gaap Preferred Units Contributed Capital
PreferredUnitsContributedCapital
0 USD
CY2018Q1 us-gaap Preferred Units Contributed Capital
PreferredUnitsContributedCapital
202731000 USD
CY2018Q1 us-gaap Preferred Units Offering Costs
PreferredUnitsOfferingCosts
700000 USD
CY2018 us-gaap Preferred Stock Redemption Terms
PreferredStockRedemptionTerms
At any time on or after July 1, 2022, we may redeem our Class B Preferred Units, in whole or in part, at a redemption price of $25.00 per Class B Preferred Unit plus an amount equal to all accumulated and unpaid distributions to, but not including, the date of redemption, whether or not declared. We may also redeem the Class B Preferred Units upon a change of control as defined in our partnership agreement. If we choose not to redeem the Class B Preferred Units, the Class B preferred unitholders may have the ability to convert the Class B Preferred Units to common units at the then applicable conversion rate. Class B preferred unitholders have no voting rights except with respect to certain matters set forth in our partnership agreement.
CY2016 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
53223000 USD
CY2017 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2018 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
0 USD
CY2017 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
234975000 USD
CY2018 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
202731000 USD
CY2016 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1200000000 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
103193000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
131538000 USD
CY2017Q1 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
-7593000 USD
CY2018Q1 us-gaap Price Risk Derivatives At Fair Value Net
PriceRiskDerivativesAtFairValueNet
-20751000 USD
CY2016 us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
1513000 USD
CY2017 us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
655000 USD
CY2018 us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
4160000 USD
CY2016 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
7618000 USD
CY2017 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
8916000 USD
CY2018 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
10052000 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
343135000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
134370000 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
545495000 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
15792000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
9692000 USD
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
11969000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
CY2017 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
287136000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2602500000 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
1700000000 USD
CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2434500000 USD
CY2016 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
11547000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
672000 USD
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5628000 USD
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1029000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2415000 USD
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3072000 USD
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9927000 USD
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2733500000 USD
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2279500000 USD
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5087000 USD
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CY2018 us-gaap Repayments Of Other Long Term Debt
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CY2016 us-gaap Water Production Costs
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-7336000 USD
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4068000 USD
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19345000 USD
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104838886 shares
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114131764 shares
CY2017 us-gaap Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
108091486 shares
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WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
120535909 shares
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121314636 shares
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120844008 shares
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121271959 shares
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WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
120991340 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
104838886 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
128453733 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
106186389 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
107966901 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
120535909 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
121314636 shares
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WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
124161966 shares
CY2018Q1 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
146868349 shares
CY2018 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
120991340 shares
CY2018 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Nature of Operations and Organization</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NGL Energy Partners LP (&#8220;we,&#8221; &#8220;us,&#8221; &#8220;our,&#8221; or the &#8220;Partnership&#8221;) is a </font><font style="font-family:inherit;font-size:10pt;">Delaware limited partnership</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">formed in September&#160;2010.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">NGL Energy Holdings LLC serves as our general partner. On May&#160;17, 2011, we completed our initial public offering (&#8220;IPO&#8221;).</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">Subsequent to our</font><font style="font-family:inherit;font-size:10pt;"> IPO, </font><font style="font-family:inherit;font-size:10pt;">we significantly expanded our operations through numerous acquisitions</font><font style="font-family:inherit;font-size:10pt;"> as discussed in </font><font style="font-family:inherit;font-size:10pt;font-weight:normal;">Note&#160;4</font><font style="font-family:inherit;font-size:10pt;">. </font><font style="font-family:inherit;font-size:10pt;">At</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">our operations include:</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries or for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs, and provides storage, terminaling, trucking, marine and pipeline transportation services through its owned assets.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Water Solutions segment provides services for the treatment and disposal of wastewater generated from crude oil and natural gas production and for the disposal of solids such as tank bottoms, drilling fluids and drilling muds and performs truck and frac tank washouts. In addition, our Water Solutions segment sells the recovered hydrocarbons that result from performing these services.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Liquids segment supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants throughout the United States and in Canada using its leased underground storage and fleet of leased railcars, markets regionally through its</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">21</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">owned terminals throughout the United States, and provides terminaling and storage services at its salt dome storage facility joint venture in Utah.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">See</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-weight:normal;">Note&#160;15</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">for a discussion of the joint venture of our Sawtooth NGL Caverns, LLC (&#8220;Sawtooth&#8221;) business.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Retail Propane segment sells propane, distillates, equipment and supplies to end users consisting of residential, agricultural, commercial, and industrial customers and to certain resellers in</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">21</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">states and the District of Columbia.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">See</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-weight:normal;">Note&#160;15</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">for a discussion of the sale of a portion of our Retail Propane segment.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Refined Products and Renewables segment</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">conducts gasoline, diesel, ethanol, and biodiesel marketing operations</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">purchase</font><font style="font-family:inherit;font-size:10pt;">s </font><font style="font-family:inherit;font-size:10pt;">refined petroleum and renewable products primarily in the Gulf Coast, Southeast and Midwest regions of the United States and</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">schedule</font><font style="font-family:inherit;font-size:10pt;">s </font><font style="font-family:inherit;font-size:10pt;">them for delivery at various locations throughout the country.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">In addition, in certain storage locations, our Refined Products and Renewables segment may also purchase unfinished gasoline blending components for subsequent blending into finished gasoline to supply our marketing business as well as third parties.</font></div></td></tr></table><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recent Developments</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 30, 2018, we sold a portion of our Retail Propane segment to DCC LPG (see </font><font style="font-family:inherit;font-size:10pt;font-weight:normal;">Note&#160;15</font><font style="font-family:inherit;font-size:10pt;">). As a result, we deconsolidated this portion of our Retail Propane segment. As this sale transaction did not represent a strategic shift that will have a major effect on our operations or financial results, operations related to this portion of our Retail Propane segment have not been classified as discontinued operations.</font></div></div>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-indent:48px;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:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We have reclassified certain prior period financial statement information to be consistent with the classification methods used in the current fiscal year. These reclassifications did not impact previously reported amounts of assets, liabilities, equity, net income, or cash flows.</font></div><div style="line-height:120%;text-indent:48px;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%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amount of assets and liabilities reported at the date of the consolidated financial statements and the amount of revenues and expenses reported during the periods presented.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Critical estimates we make in the preparation of our consolidated financial statements include, among others, determining the fair value of assets and liabilities acquired in business combinations, the fair value of derivative instruments, the collectibility of accounts receivable, the recoverability of inventories, useful lives and recoverability of property, plant and equipment and amortizable intangible assets, the impairment of long-lived assets and goodwill, the fair value of asset retirement obligations, the value of equity-based compensation, and accruals for environmental matters. Although we believe these estimates are reasonable, actual results could differ from those estimates.</font></div></div>

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