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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2017
Commitments and Contingencies [Abstract] |
Summary of Contractual Obligations | The following table summarizes our various contractual obligations at December 31, 2017. A description of each type of contractual obligation follows:
|  | Payment or Settlement due by Period |
Contractual Obligations |  | Total |  |  | 2018 |  |  | 2019 |  |  | 2020 |  |  | 2021 |  |  | 2022 |  |  | Thereafter |
Scheduled maturities of debt obligations |  | $ | 24,780.1 |  |  | $ | 2,855.7 |  |  | $ | 1,500.0 |  |  | $ | 1,500.0 |  |  | $ | 575.0 |  |  | $ | 650.0 |  |  | $ | 17,699.4 |
Estimated cash interest payments |  | $ | 23,942.0 |  |  | $ | 1,082.9 |  |  | $ | 1,022.1 |  |  | $ | 964.2 |  |  | $ | 912.1 |  |  | $ | 884.7 |  |  | $ | 19,076.0 |
Operating lease obligations |  | $ | 413.3 |  |  | $ | 57.0 |  |  | $ | 52.8 |  |  | $ | 47.2 |  |  | $ | 40.0 |  |  | $ | 31.3 |  |  | $ | 185.0 |
Purchase obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product purchase commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Estimated payment obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Natural gas |  | $ | 1,911.5 |  |  | $ | 615.1 |  |  | $ | 528.6 |  |  | $ | 434.9 |  |  | $ | 332.9 |  |  | $ | -- |  |  | $ | -- |
NGLs |  | $ | 99.0 |  |  | $ | 69.6 |  |  | $ | 29.4 |  |  | $ | -- |  |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Crude oil |  | $ | 7,891.3 |  |  | $ | 1,352.3 |  |  | $ | 1,341.0 |  |  | $ | 945.8 |  |  | $ | 728.4 |  |  | $ | 728.4 |  |  | $ | 2,795.4 |
Petrochemicals & refined products |  | $ | 632.1 |  |  | $ | 411.9 |  |  | $ | 214.1 |  |  | $ | 6.1 |  |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Other |  | $ | 33.3 |  |  | $ | 9.3 |  |  | $ | 9.3 |  |  | $ | 7.6 |  |  | $ | 3.5 |  |  | $ | 1.4 |  |  | $ | 2.2 |
Underlying major volume commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Natural gas (in TBtus) |  |  | 812 |  |  |  | 265 |  |  |  | 225 |  |  |  | 182 |  |  |  | 140 |  |  |  | -- |  |  |  | -- |
NGLs (in MMBbls) |  |  | 7 |  |  |  | 5 |  |  |  | 2 |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |
Crude oil (in MMBbls) |  |  | 471 |  |  |  | 38 |  |  |  | 55 |  |  |  | 51 |  |  |  | 47 |  |  |  | 47 |  |  |  | 233 |
Petrochemicals & refined products (in MMBbls) |  |  | 11 |  |  |  | 7 |  |  |  | 4 |  |  |  | -- |  |  |  | -- |  |  |  | -- |  |  |  | -- |
Service payment commitments |  | $ | 398.0 |  |  | $ | 98.3 |  |  | $ | 84.5 |  |  | $ | 60.0 |  |  | $ | 44.8 |  |  | $ | 43.1 |  |  | $ | 67.3 |
Capital expenditure commitments |  | $ | 171.6 |  |  | $ | 171.6 |  |  | $ | -- |  |  | $ | -- |  |  | $ | -- |  |  | $ | -- |  |  | $ | -- |
Schedule of Other Liabilities | The following table summarizes the components of “Other long-term liabilities” as presented on our Consolidated Balance Sheets at the dates indicated:
|  | December 31, |
|  | 2017 |  |  | 2016 |
Noncurrent portion of AROs (see Note 5) |  | $ | 81.1 |  |  | $ | 76.5 |
Deferred revenues – non-current portion (see Note 3) |  |  | 135.5 |  |  |  | 137.0 |
Liquidity Option Agreement |  |  | 333.9 |  |  |  | 269.6 |
Derivative liabilities |  |  | 10.4 |  |  |  | 2.8 |
Centennial guarantees |  |  | 4.5 |  |  |  | 5.3 |
Other |  |  | 13.0 |  |  |  | 12.7 |
Total |  | $ | 578.4 |  |  | $ | 503.9 |

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- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph a -Subparagraph 5 + Details
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