Western midstream partners, lp (WGP)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Cash flows from operating activities
Net income (loss)

807,700

630,654

737,385

596,980

11,098

453,489

284,679

120,557

180,215

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization

483,255

389,164

318,771

272,933

272,611

211,809

172,863

120,608

113,133

Impairments

6,300

230,600

180,100

15,535

515,458

5,125

49,920

-

-

Non-cash equity-based compensation expense

15,494

6,431

5,169

4,986

4,445

4,105

3,822

3,717

3,490

Deferred income taxes

7,609

139,048

-53,138

2,555

11,346

38,682

66,246

-2,263

-10,723

Income (Loss) from Equity Method Investments

237,518

195,469

115,141

78,717

71,251

57,836

22,948

16,042

11,261

Distributions from equity-investment earnings – related parties

234,572

187,392

117,093

82,185

82,054

62,967

17,698

20,660

15,999

Gain loss on disposition of assets and other net

-1,406

1,312

132,388

-14,641

57,024

-9

0

-

-

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

-125,334

-7,972

0

0

-

-

-

-

-

Other Operating Activities, Cash Flow Statement

8,441

5,943

4,932

-3,262

17,698

2,736

2,449

2,319

3,110

CashPaidInSettlementOfDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsOperatingActivities

107,685

0

0

-

-

-

-

-

-

Lower of cost or market inventory adjustments

236

752

145

168

443

0

0

-

-

Changes in assets and liabilities:
(Increase) decrease in accounts receivable, net

45,033

60,502

16,244

48,998

4,428

-1,504

9,059

-23,157

44,725

Increase (decrease) in accounts and imbalance payables and accrued liabilities, net

-30,866

45,605

-937

58,365

1,006

-35,926

35,067

5,320

30,884

Change in other items, net

-54,876

38,087

2,983

4,295

647

-3,998

2,824

-552

-21,233

Net Cash Provided by (Used in) Operating Activities

1,324,100

1,348,175

1,042,715

913,076

782,809

690,662

597,913

277,481

258,889

Cash flows from investing activities
Capital expenditures

1,188,829

1,948,595

1,028,319

479,993

637,964

805,005

852,388

638,121

149,717

Contributions to equity investments - related parties

128,393

133,629

2,884

27

11,442

64,278

294,693

108,457

6,203

Distributions from equity investments in excess of cumulative earnings – related parties

30,256

29,585

31,659

21,238

16,244

18,055

4,438

0

0

Proceeds from property insurance claims

0

0

22,977

17,465

0

0

-

-

-

Net Cash Provided by (Used in) Investing Activities

-3,387,853

-2,210,813

-1,133,324

-1,105,534

-500,277

-2,740,175

-1,858,912

-1,357,537

-485,832

Other

-

-

-

-

-

-

-

-

-500

Cash flows from financing activities
Borrowings, net of debt issuance costs

4,169,695

2,671,337

468,803

1,323,198

889,606

1,648,028

957,503

1,041,648

1,055,939

Repayments of Long-term Debt

1,467,595

1,040,000

0

900,000

611,150

650,000

710,000

549,000

869,000

Increase (decrease) in outstanding checks

1,571

-3,206

5,593

2,079

-2,666

765

-5,543

1,800

4,039

Offering expenses from the issuance of WGP common units

-

-

-

-

-

-

-

-

0

Proceeds from the issuance of common units, net of offering expenses

-

-

-

-

-

-

-2,367

412,020

-

Registration expenses related to the issuance of Partnership common units

855

0

0

-

-

-

-

-

-

Payments of Dividends

969,073

502,457

441,967

374,082

306,477

228,481

137,000

0

0

Distributions to noncontrolling interest owners of WES Operating

-

-

-

-

-

-

-

-

72,079

Net contributions from (distributions to) related parties

458,819

97,755

126,866

-23,491

-49,801

-16,392

265,471

245,418

36,975

Above-market component of swap agreements with Anadarko

7,407

51,618

58,551

45,820

18,449

0

0

-

-

Finance lease payments

508

-

-

-

-

-

-

-

-

Net Cash Provided by (Used in) Financing Activities

2,071,573

875,192

-188,875

451,836

-250,051

2,003,605

951,528

1,276,053

426,428

Cash and Cash Equivalents, Period Increase (Decrease)

7,820

12,554

-279,484

259,378

32,481

-45,908

-309,471

195,997

199,485

Supplemental disclosures
Accretion expense and revisions to the Deferred purchase price obligation – Anadarko

0

0

-4,094

-147,234

174,276

-

-

-

-

Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets

90

-58,835

-3,189

581

4,632

10,706

5,855

15,296

29

Interest paid, net of capitalized interest

293,795

140,720

136,624

107,657

94,720

67,648

47,098

28,042

25,828

Taxes paid (reimbursements received)

96

2,408

1,194

838

-138

-90

552

495

190

Accrued capital expenditures

140,954

274,632

312,720

79,253

61,454

-

-

-

-

Fair value of properties and equipment from non-cash third-party transactions

0

0

551,453

0

0

4,833

0

0

-

WES Operating [Member]
Net income (loss)

814,685

636,526

742,401

-

-

-

-

-

-

Net income (loss)

814,685

636,526

742,401

-

-

-

-

-

-

Depreciation and amortization

483,255

389,164

318,771

-

-

-

-

-

-

Depreciation and amortization

483,255

389,164

318,771

-

-

-

-

-

-

Impairments

6,279

230,584

180,051

-

-

-

-

-

-

Impairments

6,279

230,584

180,051

-

-

-

-

-

-

Non-cash equity-based compensation expense

14,235

6,153

4,922

-

-

-

-

-

-

Non-cash equity-based compensation expense

14,235

6,153

4,922

-

-

-

-

-

-

Deferred income taxes

7,609

139,048

-53,138

-

-

-

-

-

-

Deferred income taxes

7,609

139,048

-53,138

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

237,518

195,469

115,141

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

237,518

195,469

115,141

-

-

-

-

-

-

Distributions from equity-investment earnings – related parties

234,572

187,392

117,093

-

-

-

-

-

-

Distributions from equity-investment earnings – affiliates

234,572

187,392

117,093

-

-

-

-

-

-

Gain loss on disposition of assets and other net

-1,406

1,312

132,388

-

-

-

-

-

-

Gain loss on disposition of assets and other net

-1,406

1,312

132,388

-

-

-

-

-

-

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

-125,334

-7,972

0

-

-

-

-

-

-

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

-125,334

-7,972

0

-

-

-

-

-

-

Other Operating Activities, Cash Flow Statement

8,421

5,142

4,254

-

-

-

-

-

-

Accretion and amortization of long-term obligations, net

8,421

5,142

4,254

-

-

-

-

-

-

CashPaidInSettlementOfDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsOperatingActivities

107,685

0

0

-

-

-

-

-

-

CashPaidInSettlementOfDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsOperatingActivities

107,685

0

0

-

-

-

-

-

-

Lower of cost or market inventory adjustments

236

752

145

-

-

-

-

-

-

Lower of cost or market inventory adjustments

236

752

145

-

-

-

-

-

-

(Increase) decrease in accounts receivable, net

44,939

60,460

16,177

-

-

-

-

-

-

(Increase) decrease in accounts receivable, net

44,939

60,460

16,177

-

-

-

-

-

-

Increase (decrease) in accounts and imbalance payables and accrued liabilities, net

-29,745

44,424

-947

-

-

-

-

-

-

Increase (decrease) in accounts and imbalance payables and accrued liabilities, net

-29,745

44,424

-947

-

-

-

-

-

-

Change in other items, net

-56,044

37,802

3,048

-

-

-

-

-

-

Change in other items, net

-56,044

37,802

3,048

-

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities

1,332,189

1,352,114

1,046,798

-

-

-

-

-

-

Net cash provided by operating activities

1,332,189

1,352,114

1,046,798

-

-

-

-

-

-

Capital expenditures

1,188,829

1,948,595

1,028,319

-

-

-

-

-

-

Capital expenditures

1,188,829

1,948,595

1,028,319

-

-

-

-

-

-

Contributions to equity investments - related parties

128,393

133,629

2,884

-

-

-

-

-

-

Investments in equity affiliates

128,393

133,629

2,884

-

-

-

-

-

-

Distributions from equity investments in excess of cumulative earnings – related parties

30,256

29,585

31,659

-

-

-

-

-

-

Distributions from equity investments in excess of cumulative earnings – affiliates

30,256

29,585

31,659

-

-

-

-

-

-

Proceeds from property insurance claims

0

0

22,977

-

-

-

-

-

-

Proceeds from property insurance claims

0

0

22,977

-

-

-

-

-

-

Net Cash Provided by (Used in) Investing Activities

-3,387,853

-2,210,813

-1,133,324

-

-

-

-

-

-

Net cash used in investing activities

-3,387,853

-2,210,813

-1,133,324

-

-

-

-

-

-

Borrowings, net of debt issuance costs

4,169,695

2,671,344

468,803

-

-

-

-

-

-

Borrowings, net of debt issuance costs

4,169,695

2,671,344

468,803

-

-

-

-

-

-

Repayments of Long-term Debt

1,439,595

1,040,000

0

-

-

-

-

-

-

Repayments of Long-term Debt

1,439,595

1,040,000

0

-

-

-

-

-

-

Increase (decrease) in outstanding checks

1,571

-3,206

5,593

-

-

-

-

-

-

Increase (decrease) in outstanding checks

1,571

-3,206

5,593

-

-

-

-

-

-

Proceeds from the issuance of common units, net of offering expenses

0

0

-183

-

-

-

-

-

-

Proceeds from the issuance of common units, net of offering expenses

0

0

-183

-

-

-

-

-

-

Payments of Dividends

1,124,388

893,649

801,300

-

-

-

-

-

-

Distributions to Partnership unitholders

1,124,388

893,649

801,300

-

-

-

-

-

-

Distributions to noncontrolling interest owners of WES Operating

118,225

386,326

355,623

-

-

-

-

-

-

Distributions to noncontrolling interest owner

118,225

386,326

355,623

-

-

-

-

-

-

Net contributions from (distributions to) related parties

458,819

97,755

126,866

-

-

-

-

-

-

Net contributions from (distributions to) Anadarko

458,819

97,755

126,866

-

-

-

-

-

-

Above-market component of swap agreements with Anadarko

7,407

51,618

58,551

-

-

-

-

-

-

Above-market component of swap agreements with Anadarko

7,407

51,618

58,551

-

-

-

-

-

-

Net Cash Provided by (Used in) Financing Activities

2,063,338

870,333

-192,585

-

-

-

-

-

-

Net cash provided by (used in) financing activities

2,063,338

870,333

-192,585

-

-

-

-

-

-

Cash and Cash Equivalents, Period Increase (Decrease)

7,674

11,634

-279,111

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

7,674

11,634

-279,111

-

-

-

-

-

-

Accretion expense and revisions to the Deferred purchase price obligation – Anadarko

0

0

-4,094

-

-

-

-

-

-

Accretion expense and revisions to the Deferred purchase price obligation – Anadarko

0

0

-4,094

-

-

-

-

-

-

Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets

90

-58,835

-3,189

-

-

-

-

-

-

Partners Capital Account Adjustment Distributions To Contributions From Affiliate Of Other Assets

90

-58,835

-3,189

-

-

-

-

-

-

Interest paid, net of capitalized interest

293,561

139,482

135,079

-

-

-

-

-

-

Interest paid, net of capitalized interest

293,561

139,482

135,079

-

-

-

-

-

-

Taxes paid (reimbursements received)

96

2,408

1,194

-

-

-

-

-

-

Taxes paid (reimbursements received)

96

2,408

1,194

-

-

-

-

-

-

Accrued capital expenditures

140,954

274,632

312,720

-

-

-

-

-

-

Accrued capital expenditures

140,954

274,632

312,720

-

-

-

-

-

-

Fair value of properties and equipment from non-cash third-party transactions

0

0

551,453

-

-

-

-

-

-

Fair value of properties and equipment from non-cash third-party transactions

0

0

551,453

-

-

-

-

-

-

Affiliates [Member]
Contributions in aid of construction costs from affiliates

0

0

1,387

6,135

-

-

-

-

-

Acquisitions

2,007,926

254

3,910

716,465

-

-

-

-

-

Proceeds from the sale of assets

-

-

-

623

-

-

-

-

-

Borrowings, net of debt issuance costs

11,000

321,800

-

-

-

-

-

-

-

Repayments of Long-term Debt

439,600

-

-

-

-

-

-

-

-

Payment for Contingent Consideration Liability, Financing Activities

0

0

37,346

0

-

-

-

-

-

Payments of Dividends

566,868

400,194

360,523

315,505

-

-

-

-

-

Finance Lease, Principal Payments

508

0

0

-

-

-

-

-

-

Third Parties [Member]
Acquisitions

93,303

161,858

177,798

0

-

-

-

-

-

Proceeds from the sale of assets

342

3,938

23,564

45,490

-

-

-

-

-

Western Gas Partners, LP [Member]
Proceeds from the issuance of WES common units, net of offering expenses

-

-

-

0

-

-

-

-

-

Distributions to noncontrolling interest owners of WES

-

-

-

294,841

-

-

-

-

-

Chipeta [Member]
Distributions to Chipeta noncontrolling interest owner

9,663

13,529

13,569

13,784

-

-

-

-

-