ENLINK MIDSTREAM, LLC ENLC Balance Sheet

Enlink midstream, llc (ENLC)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13
ASSETS
Current assets:
Cash and cash equivalents
258	77	102	59	0	100	64	36	17	31	141	11	15	11	60	10	5	18	82	72	109	68	39	15	221	0
Accounts receivable:
Trade, net of allowance for bad debt of $0.6 and $0.5, respectively
34	36	44	78	104	126	198	73	78	50	42	23	47	63	47	68	40	37	30	67	76	139	49	54	53	0
Accrued revenue and other
337	460	450	483	634	705	817	579	598	576	432	346	358	369	311	295	261	268	333	379	304	253	220	254	254	0
Related party
-	-	0	0	0	0	0	122	115	102	121	109	107	100	76	72	88	110	119	110	110	121	113	111	57	0
Fair value of derivative assets
75	12	9	9	8	28	12	4	4	6	4	4	2	1	4	5	10	16	15	14	14	16	1	0	0	0
Natural gas and NGLs inventory, prepaid expenses, and other
19	57	68	72	73	74	155	99	33	41	73	60	28	33	39	39	33	41	74	70	72	48	57	46	39	5
Investment in unconsolidated affiliatescurrent
-	-	-	-	-	-	-	-	-	-	0	0	0	193	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for disposition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	72
Total current assets
723	644	674	703	821	1,036	1,248	915	846	808	816	555	557	773	540	491	439	493	655	714	687	647	480	482	626	78
Property and equipment, net of accumulated depreciation of $3,545.2 and $3,418.6, respectively
6,896	7,081	7,084	7,023	6,975	6,846	6,875	6,763	6,659	6,587	6,568	6,512	6,396	6,256	6,195	6,160	6,117	5,666	5,565	5,550	5,323	5,042	4,523	4,384	4,203	1,768
Intangible assets, net of accumulated amortization of $576.8 and $545.9, respectively
1,219	1,249	1,280	1,311	1,342	1,373	1,404	1,435	1,466	1,497	1,528	1,559	1,594	1,624	1,650	1,666	1,696	689	602	840	877	533	522	533	424	0
Goodwill
0	184	1,123	1,123	1,123	1,310	1,542	1,542	1,542	1,542	1,542	1,542	1,542	1,542	1,542	1,541	1,540	2,413	3,156	3,731	3,710	3,684	3,694	3,693	3,821	401
Investment in unconsolidated affiliates
43	43	78	80	82	80	84	85	86	89	86	84	84	77	266	299	269	274	263	261	267	270	276	278	271	61
Fair value of derivative assets
8	4	7	7	4	4	-	-	-	0	0	0	0	-	-	-	-	-	2	4	7	10	0	0	0	0
Other assets, net
164	128	134	143	155	43	43	42	14	13	6	4	2	2	2	2	2	2	26	25	18	17	30	6	5	0
Total assets
9,055	9,335	10,384	10,393	10,506	10,694	11,198	10,783	10,615	10,537	10,548	10,258	10,177	10,275	10,197	10,162	10,066	9,541	10,273	11,128	10,892	10,206	9,527	9,379	9,353	2,309
LIABILITIES AND MEMBERS’ EQUITY
Current liabilities:
Drafts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	-	-	0
Accounts payable and drafts payable
51	70	91	80	103	105	130	115	86	66	65	57	70	69	44	46	35	33	40	39	69	108	37	71	58	1
Accounts payable to related party
0	1	3	2	2	4	5	30	16	16	36	21	12	10	11	10	22	14	24	21	11	3	-	-	-	0
Accrued gas, NGLs, condensate, and crude oil purchases
176	354	323	377	492	500	656	509	494	476	376	296	306	333	262	247	202	206	263	316	269	204	198	225	231	0
Fair value of derivative liabilities
77	14	9	5	6	21	21	10	8	8	7	3	2	7	6	5	3	2	3	3	3	3	0	1	0	0
Related party payables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	6	-	-
Contract liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	22	23	0
Accrued capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	22	31	0
Installment payable, net of discount of $0.5 at December 31, 2017
-	-	-	-	-	-	0	0	0	249	243	236	230	249	242	235	229	-	-	-	-	-	-	-	-	-
Liabilities held for disposition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	37
Long-term Debt, Current Maturities
-	-	0	0	0	399	500	483	76	0	-	-	-	-	-	-	-	-	-	-	-	-	-	18	198	-
Accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	-	30	15	9	0
Other current liabilities
216	206	282	243	230	248	261	206	221	222	235	214	214	217	196	146	187	174	205	163	135	152	91	75	79	38
Total current liabilities
522	647	710	709	835	1,280	1,576	1,355	903	1,040	964	829	836	887	762	691	680	432	536	543	525	484	419	458	633	77
Long-term debt
4,954	4,764	4,688	4,612	4,475	4,031	3,835	3,590	3,838	3,542	3,540	3,696	3,521	3,295	3,245	3,364	3,204	3,066	2,851	2,827	2,493	2,022	1,853	1,675	1,534	0
Asset retirement obligations
15	15	15	15	15	14	14	14	14	14	14	13	13	13	13	13	13	12	12	12	11	12	10	10	8	7
Installment payable, net of discount of $26.3 at December 31, 2016
-	-	-	-	-	-	-	-	-	-	0	0	0	223	217	210	204	-	-	-	-	-	-	-	-	-
Other long-term liabilities
87	90	90	93	89	20	20	21	29	33	38	42	42	42	49	57	59	65	70	75	79	83	88	92	98	0
Deferred tax liability, net
-	-	0	0	0	362	361	358	351	346	550	548	544	542	542	539	537	532	539	543	543	526	497	485	476	440
Fair value of derivative liabilities
13	6	10	10	0	2	7	8	0	0	-	0	0	-	-	0	0	0	0	0	1	2	0	1	0	0
Redeemable non-controlling interest
0	5	5	5	7	9	6	4	4	4	4	4	4	5	6	6	6	7	6	6	4	0	-	-	-	-
Members’ equity:
Members’ equity (489,137,038 and 487,791,612 units issued and outstanding, respectively)
1,764	2,135	3,205	3,324	3,471	1,730	1,838	1,871	1,889	1,924	1,763	1,800	1,836	1,880	1,926	1,970	2,010	2,285	2,518	2,743	2,765	2,774	-	-	-	0
Accumulated other comprehensive loss
-24	-11	-13	-11	-2	-2	-2	-2	-2	-2	-2	-2	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-controlling interest
1,720	1,681	1,670	1,634	1,614	3,245	3,539	3,560	3,585	3,634	3,674	3,324	3,377	3,384	3,433	3,310	3,349	3,139	3,736	4,375	4,466	4,196	-	-	-	0
Total members’ equity
3,461	3,806	4,863	4,946	5,083	4,974	5,375	5,430	5,472	5,556	5,436	5,122	5,214	5,265	5,359	5,280	5,359	5,424	6,255	7,118	7,232	7,074	6,657	6,655	6,600	1,783
Predecessor
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,783
Net Devon investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	103	-	-	-	-
Commitments and contingencies (Note 14)
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0
Total liabilities and members’ equity
9,055	9,335	10,384	10,393	10,506	10,694	11,198	10,783	10,615	10,537	10,548	10,258	10,177	10,275	10,197	10,162	10,066	9,541	10,273	11,128	10,892	10,206	9,527	9,379	9,353	2,309