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Acquisitions (Schedule Of Assets Acquired And Liabilities Assumed In Acquisition Table) (Details) - USD ($)
$ in Millions
1 Months Ended
Dec. 05, 2019
Apr. 30, 2018
SemGroup [Member]    
Business Acquisition [Line Items]    
Current assets $ 794  
Property, plant and equipment 3,914  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets 623  
Goodwill(1) [1] 265  
Intangible assets 460  
Total assets acquired 6,056  
Current liabilities 629  
Long-term debt obligations, less current maturities [2] 2,576  
Other non-current liabilities 196  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities 241  
Total liabilities assumed 3,642  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest 822  
Total consideration [3] 1,592  
Cash received [4] 153  
Total consideration, net of cash received $ 1,439  
USA Compression Partners, LP [Member]    
Business Acquisition [Line Items]    
Current assets   $ 786
Property, plant and equipment   1,332
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets   15
Goodwill(1) [5]   366
Intangible assets   222
Total assets acquired   2,721
Current liabilities   110
Long-term debt obligations, less current maturities   1,527
Other non-current liabilities   2
Noncontrolling interest   832
Total liabilities assumed   1,639
Total consideration   250
Cash received [6]   711
Total consideration, net of cash received [6]   $ (461)
[1] None of the goodwill is expected to be deductible for tax purposes. Goodwill recognized from the business combination primarily relates to the value attributed to additional growth opportunities, synergies and operating leverage within SemGroup’s operations.
[2]
Long-term debt at December 5, 2019 includes SemGroup senior notes with an aggregate principal amount of $1.375 billion and SemGroup subsidiary debt of $593 million, all of which were redeemed in total in December 2019, subsequent to the close of the SemGroup Transaction, utilizing proceeds from an intercompany promissory note from ETO.
[3] Total consideration includes (i) cash paid to SemGroup shareholders, (ii) fair value of ET Common Units issued in the acquisition and (iii) cash paid to redeem SemGroup’s preferred shares
[4] Cash received represents cash and cash equivalents held by SemGroup as of the acquisition date.
[5] None of the goodwill is expected to be deductible for tax purposes. Goodwill recognized from the business combination primarily relates to the value attributed to additional growth opportunities, synergies and operating leverage within USAC’s operations.
[6] Cash received represents cash and cash equivalents held by USAC as of the acquisition date.