2020 Q1 Form 10-K Financial Statement

#000142390220000019 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2018 Q4 2017 Q4
Revenue $774.3M $692.6M $813.3M
YoY Change 15.25% -14.84% 59.22%
Cost Of Revenue $103.3M $124.5M $321.9M
YoY Change -9.44% -61.32% 92.52%
Gross Profit $671.0M $568.1M $491.3M
YoY Change 20.29% 15.63% 42.99%
Gross Profit Margin 86.66% 82.02% 60.41%
Selling, General & Admin $218.1M $172.3M $150.2M
YoY Change 19.84% 14.71% 47.69%
% of Gross Profit 32.5% 30.33% 30.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $132.3M $118.4M $102.5M
YoY Change 16.12% 15.51% 39.84%
% of Gross Profit 19.72% 20.84% 20.86%
Operating Expenses $350.4M $290.8M $252.7M
YoY Change 18.42% 15.08% 44.4%
Operating Profit -$214.9M $277.3M $238.6M
YoY Change -167.38% 16.22% 41.52%
Interest Expense $88.59M $13.30M $25.60M
YoY Change 34.47% -48.05% -313.33%
% of Operating Profit 4.8% 10.73%
Other Income/Expense, Net -$1.761M -$9.700M -$2.700M
YoY Change -95.0% 259.26% 92.86%
Pretax Income -$293.7M $206.7M $248.9M
YoY Change -232.25% -16.95% 71.42%
Income Tax -$4.280M $22.70M -$64.80M
% Of Pretax Income 10.98% -26.03%
Net Earnings -$256.5M $168.5M $263.7M
YoY Change -316.19% -36.1% 215.05%
Net Earnings / Revenue -33.13% 24.33% 32.42%
Basic Earnings Per Share
Diluted Earnings Per Share -$577.7K $769.8K $1.205M
COMMON SHARES
Basic Shares Outstanding 444.0M shares 218.9M shares 218.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2018 Q4 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $152.0M $92.00M $80.00M
YoY Change 52.0% 15.0% -77.72%
Cash & Equivalents $152.3M $92.14M $79.59M
Short-Term Investments
Other Short-Term Assets $81.03M $31.46M $15.98M
YoY Change 245.21% 96.91% 18.36%
Inventory $51.00M $11.00M $11.00M
Prepaid Expenses
Receivables $254.3M $221.1M $160.5M
Other Receivables $10.00M $9.000M $2.000M
Total Short-Term Assets $490.5M $344.8M $256.3M
YoY Change 46.02% 34.53% -56.97%
LONG-TERM ASSETS
Property, Plant & Equipment $8.987B $8.410B $6.766B
YoY Change 4.13% 24.31% 33.98%
Goodwill $4.783M $445.8M $445.8M
YoY Change -98.93% 0.0% 6.75%
Intangibles $800.5M $841.4M $872.2M
YoY Change -3.95% -3.53% 8.52%
Long-Term Investments $1.292B $1.092B $817.4M
YoY Change 6.16% 33.61% -1.37%
Other Assets $76.47M $62.79M $12.57M
YoY Change 2.37% 399.54% -16.52%
Total Long-Term Assets $11.42B $11.11B $9.174B
YoY Change -0.37% 21.13% 28.48%
TOTAL ASSETS
Total Short-Term Assets $490.5M $344.8M $256.3M
Total Long-Term Assets $11.42B $11.11B $9.174B
Total Assets $11.91B $11.46B $9.430B
YoY Change 0.95% 21.5% 21.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $220.0M $443.0M $350.0M
YoY Change -33.13% 26.57% 41.7%
Accrued Expenses $166.7M $129.1M $47.99M
YoY Change 17.88% 169.1% 6.2%
Deferred Revenue $9.120M $16.24M $0.00
YoY Change 43.31%
Short-Term Debt $11.18M $28.00M $0.00
YoY Change -99.44%
Long-Term Debt Due $11.00M
YoY Change
Total Short-Term Liabilities $449.7M $637.5M $548.0M
YoY Change -82.15% 16.34% 73.74%
LONG-TERM LIABILITIES
Long-Term Debt $8.089B $4.787B $3.493B
YoY Change 55.3% 37.07% 11.97%
Other Long-Term Liabilities $222.0M $132.1M $3.494M
YoY Change 46.93% 3681.63% -98.1%
Total Long-Term Liabilities $8.667B $5.927B $3.887B
YoY Change 52.41% 52.48% 17.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $449.7M $637.5M $548.0M
Total Long-Term Liabilities $8.667B $5.927B $3.887B
Total Liabilities $9.117B $6.565B $4.435B
YoY Change 11.11% 48.01% 22.33%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.659B $2.340B $1.061B
YoY Change
Total Liabilities & Shareholders Equity $11.91B $11.46B $9.430B
YoY Change 0.95% 21.5% 21.9%

Cashflow Statement

Concept 2020 Q1 2018 Q4 2017 Q4
OPERATING ACTIVITIES
Net Income -$256.5M $168.5M $263.7M
YoY Change -316.19% -36.1% 215.05%
Depreciation, Depletion And Amortization $132.3M $118.4M $102.5M
YoY Change 16.12% 15.51% 39.84%
Cash From Operating Activities $393.3M $383.0M $400.2M
YoY Change 14.64% -4.3% 54.88%
INVESTING ACTIVITIES
Capital Expenditures -$172.8M -$358.9M -$609.1M
YoY Change -55.26% -41.08% 467.66%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$53.20M -$9.400M
YoY Change -100.0% 465.96% -122.12%
Cash From Investing Activities -$178.7M -$412.1M -$618.5M
YoY Change -92.9% -33.37% 854.48%
FINANCING ACTIVITIES
Cash Dividend Paid $281.8M
YoY Change 113.62%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $3.470B
YoY Change 642.12%
Cash From Financing Activities -$162.3M -11.60M 144.8M
YoY Change -107.44% -108.01% 654.17%
NET CHANGE
Cash From Operating Activities $393.3M 383.0M 400.2M
Cash From Investing Activities -$178.7M -412.1M -618.5M
Cash From Financing Activities -$162.3M -11.60M 144.8M
Net Change In Cash $52.32M -40.70M -73.50M
YoY Change 561.86% -44.63% -134.54%
FREE CASH FLOW
Cash From Operating Activities $393.3M $383.0M $400.2M
Capital Expenditures -$172.8M -$358.9M -$609.1M
Free Cash Flow $566.1M $741.9M $1.009B
YoY Change -22.37% -26.49% 175.99%

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CY2018Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
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CY2018 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
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532000000.0 USD
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389164000 USD
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318771000 USD
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CY2018 us-gaap Asset Impairment Charges
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CY2017 us-gaap Asset Impairment Charges
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CY2018 us-gaap Share Based Compensation
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CY2017 us-gaap Deferred Income Tax Expense Benefit
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CY2017 us-gaap Other Operating Activities Cash Flow Statement
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CY2018 us-gaap Other Operating Activities Cash Flow Statement
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1324100000 USD
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CY2017 wes Cash Paid In Settlement Of Derivative Instruments Not Designated As Hedging Instruments Operating Activities
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CY2019 us-gaap Inventory Write Down
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CY2018 us-gaap Inventory Write Down
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CY2017 us-gaap Inventory Write Down
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145000 USD
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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CY2017 us-gaap Increase Decrease In Accounts Receivable
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CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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CY2017 us-gaap Payments For Capital Improvements
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128393000 USD
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30256000 USD
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29585000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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31659000 USD
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CY2017 us-gaap Proceeds From Insurance Settlement Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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468803000 USD
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1467595000 USD
CY2018 us-gaap Repayments Of Long Term Debt
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1040000000 USD
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0 USD
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CY2017 us-gaap Increase Decrease In Outstanding Checks Financing Activities
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0 USD
CY2017 us-gaap Payments Of Stock Issuance Costs
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0 USD
CY2017 us-gaap Fair Value Of Assets Acquired
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
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12554000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
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79588000 USD
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359072000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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99962000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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92142000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019 wes Deferred Purchase Price Obligation Including Accretion And Revisions
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CY2017 wes Deferred Purchase Price Obligation Including Accretion And Revisions
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90000 USD
CY2018 wes Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets
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CY2017 wes Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets
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CY2018 us-gaap Interest Paid Net
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CY2017 us-gaap Interest Paid Net
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136624000 USD
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96000 USD
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2408000 USD
CY2017 us-gaap Income Taxes Paid Net
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1194000 USD
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140954000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
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274632000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
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312720000 USD
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CY2019Q4 us-gaap Contract With Customer Liability
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222274000 USD
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<div style="line-height:120%;text-align:justify;font-size:10.5pt;"><span style="font-family:inherit;font-size:10.5pt;font-style:italic;">Use of estimates. </span><span style="font-family:inherit;font-size:10.5pt;">In preparing financial statements in accordance with GAAP, management makes informed judgments and estimates that affect the reported amounts of assets, liabilities, revenues, and expenses. Management evaluates its estimates and related assumptions regularly, using historical experience and other reasonable methods. Changes in facts and circumstances or additional information may result in revised estimates and actual results may differ from these estimates. Effects on the business, financial condition, and results of operations resulting from revisions to estimates are recognized when the facts that give rise to the revisions become known. The information included herein reflects all normal recurring adjustments which are, in the opinion of management, necessary for a fair presentation of the consolidated financial statements, and certain prior-period amounts have been reclassified to conform to the current-year presentation.</span></div>
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2700000 USD
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9000000.0 USD
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9600000 USD
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202615000 USD
CY2019Q4 us-gaap Contract With Customer Liability
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222274000 USD
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2745373000 USD
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2305408000 USD
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1468000 USD
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2125000 USD
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47621000 USD
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9879000 USD
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67357000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
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7129000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
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60228000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
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67357000 USD
CY2018Q4 us-gaap Contract With Customer Liability
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145624000 USD
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75166000 USD
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12110000 USD
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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3534725000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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7994688000 USD
CY2019 wes Number Of Days Subsequent To Quarter End That Cash Is Required To Be Distributed
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P55D
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0.49125
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107549000 USD
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0.52750
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115487000 USD
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0.53750
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117677000 USD
CY2017Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.54875
CY2017Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
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120140000 USD
CY2018Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.56875
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124518000 USD
CY2018Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.58250
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127531000 USD
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0.59500
CY2018Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
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130268000 USD
CY2018Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.60250
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131910000 USD
CY2019Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.61000
CY2019Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
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276324000 USD
CY2019Q2 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.61800
CY2019Q2 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
279959000 USD
CY2019Q3 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.62000
CY2019Q3 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
280880000 USD
CY2019Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
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0.62200
CY2019Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
281786000 USD
CY2019Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.62200
CY2019Q4 us-gaap Distribution Made To Limited Partner Cash Distributions Declared
DistributionMadeToLimitedPartnerCashDistributionsDeclared
281800000 USD
CY2017 wes Proceeds From Above Market Component Of Swap Extensions
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58551000 USD
CY2019Q1 wes Common Units Units Issued Upon Conversion
CommonUnitsUnitsIssuedUponConversion
1.525 shares
CY2019 wes Above Market Component Of Swap Extensions
AboveMarketComponentOfSwapExtensions
7400000 USD
CY2018 wes Above Market Component Of Swap Extensions
AboveMarketComponentOfSwapExtensions
51600000 USD
CY2017 wes Above Market Component Of Swap Extensions
AboveMarketComponentOfSwapExtensions
58600000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
237518000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
195469000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
115141000 USD
CY2019 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
16900000 USD
CY2018 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
16900000 USD
CY2017 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
16900000 USD
CY2019 wes Proceeds From Above Market Component Of Swap Extensions
ProceedsFromAboveMarketComponentOfSwapExtensions
7407000 USD
CY2018 wes Proceeds From Above Market Component Of Swap Extensions
ProceedsFromAboveMarketComponentOfSwapExtensions
51618000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5550000 USD
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CurrentFederalTaxExpenseBenefit
-79264000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
313000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-850000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2422000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5863000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-80114000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-6785000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2782000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
133044000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-55835000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4827000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6004000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2697000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
7609000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
139048000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-53138000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13472000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58934000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-59923000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
821172000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
689588000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
677462000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
0 USD
CY2017 us-gaap Lease Cost
LeaseCost
45500000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
58934000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-59923000 USD
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.09
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
0 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount
-87306000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5140000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2946000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4866000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13472000 USD
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.02
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.09
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
18642000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
280377000 USD
CY2019Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
0 USD
CY2018Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
497000 USD
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DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
678000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
299000 USD
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421000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
162000 USD
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18899000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
280017000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12355671000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11258773000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3290740000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2848420000 USD
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PropertyPlantAndEquipmentNet
9064931000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8410353000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6300000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
230600000 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
180100000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2019 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
128393000 USD
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FiniteLivedIntangibleAssetsGross
979863000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
979863000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
170472000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
138455000 USD
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IntangibleAssetsNetExcludingGoodwill
809391000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
841408000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32000000.0 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30800000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
32000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
31700000 USD
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EquityMethodInvestments
817352000 USD
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PaymentsToAcquireEquityMethodInvestments
162615000 USD
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IncomeLossFromEquityMethodInvestments
195469000 USD
CY2018 us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
133629000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
187392000 USD
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29585000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1092088000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1092088000 USD
CY2019 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
92546000 USD
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IncomeLossFromEquityMethodInvestments
237518000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
234572000 USD
CY2019 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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30256000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1285717000 USD
CY2019 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1687116000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
1300921000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
877020000 USD
CY2019 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
1107664000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
876910000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
542390000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
297143000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
5754160000 USD
CY2019 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
1108173000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
874587000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
540538000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
433390000 USD
CY2019Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
54000 USD
CY2018Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
45000 USD
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
260512000 USD
CY2018Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
221164000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
4251020000 USD
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EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
175231000 USD
CY2018Q4 wes Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
81769000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
6362781000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
4629932000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
223171000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
101729000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
27024000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
42431000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
6112586000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
4485772000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
6362781000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
4629932000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
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260458000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
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221119000 USD
CY2019Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
906000 USD
CY2018Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
1203000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies
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23444000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
9665000 USD
CY2019Q4 us-gaap Gas Imbalance Asset Liability
GasImbalanceAssetLiability
4690000 USD
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7909000 USD
CY2019Q4 us-gaap Prepaid Insurance
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5676000 USD
CY2018Q4 us-gaap Prepaid Insurance
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1972000 USD
CY2018Q4 us-gaap Gas Imbalance Asset Liability
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9035000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
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7129000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
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5399000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
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93000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous Current
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4184000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
41938000 USD
CY2018Q4 us-gaap Other Assets Current
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31458000 USD
CY2019Q4 us-gaap Interest Payable Current
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72064000 USD
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CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
22472000 USD
CY2018Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
25938000 USD
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Current
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3528000 USD
CY2018Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
863000 USD
CY2019Q4 us-gaap Taxes Payable Current
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697000 USD
CY2018Q4 us-gaap Taxes Payable Current
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384000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
19659000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
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16235000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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31373000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
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14760000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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149793000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
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129148000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
325962000 USD
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
154571000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
27360000 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
34558000 USD
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
17104000 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
12432000 USD
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
13599000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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3985000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7892000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3985000 USD
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
9051000 USD
CY2018 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
141356000 USD
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
358868000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
325962000 USD
CY2019Q4 us-gaap Short Term Borrowings
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7873000 USD
CY2019Q4 us-gaap Debt Current
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7873000 USD
CY2018Q4 us-gaap Short Term Borrowings
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28000000 USD
CY2018Q4 us-gaap Debt Current
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28000000 USD
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3591678000 USD
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20584000 USD
CY2018Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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5242874000 USD
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CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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7959438000 USD
CY2019 us-gaap Interest Expense
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303286000 USD
CY2018 us-gaap Interest Expense
InterestExpense
183831000 USD
CY2017 us-gaap Interest Expense
InterestExpense
142520000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
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7892000 USD
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1805000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
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7873000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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3035000 USD
CY2019Q4 us-gaap Operating Lease Liability
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4840000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
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7873000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2018 us-gaap Lease Cost
LeaseCost
56500000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
467000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8500000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
473000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1547000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13894000 USD
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.029
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5482000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
7934000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
642000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
449000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1209000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
6932000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1295000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
256000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
414000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
562000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
137000 USD
CY2019 us-gaap Lease Cost
LeaseCost
8768000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
7042000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
118000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
508000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1969000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
7934000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
612000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
618000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
625000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4840000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
61000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
7873000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8711000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2236000 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
460000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
157582000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
193925000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
351507000 USD
CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
5400000 USD
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
1700000 USD

Files In Submission

Name View Source Status
0001423902-20-000019-index-headers.html Edgar Link pending
0001423902-20-000019-index.html Edgar Link pending
0001423902-20-000019.txt Edgar Link pending
0001423902-20-000019-xbrl.zip Edgar Link pending
co2019.jpg Edgar Link pending
etx2019.jpg Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
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wes-20191231.xsd Edgar Link pending
wes-20191231_cal.xml Edgar Link unprocessable
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