XML 56 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Intangible Assets and Goodwill (Tables)
 9 Months Ended
Sep. 30, 2019
Intangible Assets and Goodwill [Abstract]  
Intangible Assets by Segment The following table summarizes our intangible assets by business segment at the dates indicated:

 
  
September 30, 2019
    
December 31, 2018
  
 
  
Gross
Value
    
Accumulated
Amortization
    
Carrying
Value
    
Gross
Value
    
Accumulated
Amortization
    
Carrying
Value
  
NGL Pipelines & Services:
                                    
Customer relationship intangibles
  
$
447.8
    
$
(202.8
)
  
$
245.0
    
$
457.3
    
$
(201.9
)
  
$
255.4
  
Contract-based intangibles
    
162.6
      
(40.9
)
    
121.7
      
363.4
      
(238.7
)
    
124.7
  
Segment total
    
610.4
      
(243.7
)
    
366.7
      
820.7
      
(440.6
)
    
380.1
  
Crude Oil Pipelines & Services:
                                                
Customer relationship intangibles
    
2,203.5
      
(226.9
)
    
1,976.6
      
2,203.5
      
(174.1
)
    
2,029.4
  
Contract-based intangibles
    
276.9
      
(230.1
)
    
46.8
      
276.9
      
(211.7
)
    
65.2
  
Segment total
    
2,480.4
      
(457.0
)
    
2,023.4
      
2,480.4
      
(385.8
)
    
2,094.6
  
Natural Gas Pipelines & Services:
                                                
Customer relationship intangibles
    
1,350.3
      
(473.3
)
    
877.0
      
1,350.3
      
(447.8
)
    
902.5
  
Contract-based intangibles
    
468.0
      
(393.6
)
    
74.4
      
464.7
      
(387.9
)
    
76.8
  
Segment total
    
1,818.3
      
(866.9
)
    
951.4
      
1,815.0
      
(835.7
)
    
979.3
  
Petrochemical & Refined Products Services:
                                                
Customer relationship intangibles
    
181.4
      
(56.2
)
    
125.2
      
181.4
      
(51.8
)
    
129.6
  
Contract-based intangibles
    
46.0
      
(23.3
)
    
22.7
      
46.0
      
(21.2
)
    
24.8
  
Segment total
    
227.4
      
(79.5
)
    
147.9
      
227.4
      
(73.0
)
    
154.4
  
Total intangible assets
  
$
5,136.5
    
$
(1,647.1
)
  
$
3,489.4
    
$
5,343.5
    
$
(1,735.1
)
  
$
3,608.4
  
Amortization Expense of Intangible Assets by Segment
The following table presents the amortization expense of our intangible assets by business segment for the periods indicated:

 
  
For the Three Months
Ended September 30,
    
For the Nine Months
Ended September 30,
  
 
  
2019
    
2018
    
2019
    
2018
  
NGL Pipelines & Services
  
$
7.3
    
$
9.2
    
$
25.4
    
$
25.6
  
Crude Oil Pipelines & Services
    
25.1
      
20.7
      
71.2
      
67.3
  
Natural Gas Pipelines & Services
    
10.3
      
9.8
      
31.2
      
29.1
  
Petrochemical & Refined Products Services
    
2.1
      
2.2
      
6.5
      
6.6
  
Total
  
$
44.8
    
$
41.9
    
$
134.3
    
$
128.6
  
Forecasted Amortization Expense
The following table presents our forecast of amortization expense associated with existing intangible assets for the periods indicated:

Remainder
of 2019
    
2020
    
2021
    
2022
    
2023
  
$
40.5
    
$
161.8
    
$
162.8
    
$
168.4
    
$
168.5