← ENTERPRISE PRODUCTS PARTNERS L.P.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net losses (gains) attributable to asset sales and related matters | ($2.5m) | ($10.7m) | ($28.7m) | ($5.7m) | ($4.4m) | $5.5m | $1.0m | ($10.0m) | $2.0m | ($14.0m) | — | |
| Net Income (Loss) Attributable to Parent | $2.5b |
$2.8b
+11.39%
|
$4.2b
+49.05%
|
$4.6b
+10.04%
|
$3.8b
-17.79%
|
$4.6b
+22.77%
|
$5.5b
+18.40%
|
$5.5b
+0.77%
|
$5.9b
+6.66%
|
$5.8b
-1.48%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $2.6b |
$2.9b
+11.85%
|
$4.2b
+48.43%
|
$4.7b
+10.58%
|
$3.7b
-20.15%
|
$4.6b
+22.83%
|
$5.4b
+18.36%
|
$5.5b
+0.70%
|
$5.8b
+6.61%
|
$5.8b
-1.47%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $39.9m | $56.3m | $66.1m | $95.8m | — | — | — | — | — | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $2.6b | $2.9b | $4.2b | $4.7b | $3.9b | $4.8b | $5.6b | $5.7b | $6.0b | $5.9b | — | |
| Amortization of Intangible Assets | $171.3m | $166.9m | $170.3m | $174.7m | $143.2m | $150.9m | $177.0m | $201.0m | $207.0m | $216.0m | — | |
| Amortization of major maintenance costs for reaction-based plants | — | — | — | $0 | $0 | $26.9m | $51.0m | $64.0m | $59.0m | $72.0m | — | |
| Depreciation | $1.2b | $1.3b | $1.4b | $1.6b | $1.7b | $1.7b | $1.8b | $1.9b | $2.0b | $2.1b | $2.2b | |
| Depreciation and accretion | — | — | — | $1.6b | $1.7b | $1.7b | $1.8b | $1.9b | $2.0b | $2.1b | $2.4b | |
| Other amortization expense | — | — | — | $204.6m | $232.1m | $238.5m | $220.0m | $207.0m | $220.0m | $228.0m | — | |
| Depreciation, Amortization and Accretion, Net | $1.6b | $1.6b | $1.8b | $1.9b | $2.1b | — | — | — | — | — | $2.4b | |
| Deferred Income Tax Expense (Benefit) | $6.6m | $6.1m | $21.4m | $20.0m | ($147.6m) | $39.8m | $60.0m | $12.0m | $45.0m | $46.0m | $49.0m | |
| Share-based Payment Arrangement, Expense | $89.2m | $99.7m | $106.1m | $143.9m | $159.1m | $152.3m | $157.0m | $172.0m | $188.0m | $197.0m | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $76.4m | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $296.3m | $0 | $0 | — | — | — | $46.0m | |
| Impairment of assets other than goodwill (see Notes 2 and 4) | — | — | $50.5m | $132.8m | $594.3m | $232.8m | $53.0m | $32.0m | $57.0m | $50.0m | — | |
| Income (Loss) from Equity Method Investments | $362.0m | $426.0m | $480.0m | $563.0m | $426.1m | $583.4m | $464.0m | $462.0m | $408.0m | $361.0m | — | |
| Nonoperating Income (Expense) | ($1.0b) | ($1.0b) | ($1.1b) | ($1.3b) | ($1.3b) | ($1.3b) | ($1.2b) | ($1.2b) | ($1.3b) | ($1.4b) | — | |
| Other Nonoperating Income (Expense) | $2.8m | $1.3m | $3.6m | $5.0m | $2.6m | ($100k) | $23.0m | $14.0m | $2.0m | $4.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $679.0m | $1.1b | ($730.2m) | $1.2b | ($300.2m) | $2.4b | ($108.0m) | $810.0m | $1.5b | ($2.7b) | ($1.8b) | |
| Increase (Decrease) in Inventories | $871.8m | ($194.6m) | ($121.4m) | $558.0m | $1.4b | ($867.3m) | ($131.0m) | $714.0m | $598.0m | ($122.0m) | ($688.0m) | |
| Inventory Write-down | $11.5m | $9.1m | $11.5m | $22.7m | $60.2m | $20.1m | $19.0m | $31.0m | $9.0m | $19.0m | — | |
| Other operating activities | ($2.9m) | ($5.5m) | $2.9m | ($200k) | $300k | ($1.0m) | $0 | $1.0m | $1.0m | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | $4.1b |
$4.7b
+14.74%
|
$6.1b
+31.29%
|
$6.5b
+6.43%
|
$5.9b
-9.65%
|
$8.5b
+44.49%
|
$8.0b
-5.56%
|
$7.6b
-5.85%
|
$8.1b
+7.21%
|
$8.6b
+5.79%
|
$8.9b
+3.20%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $2.5m | $10.7m | $28.7m | $5.7m | $4.4m | ($5.5m) | ($1.0m) | $10.0m | ($2.0m) | $14.0m | ($371.0m) | |
| Payments to Acquire Property, Plant, and Equipment | $3.0b | $3.1b | $4.2b | $4.5b | $3.3b | $2.2b | $2.0b | $3.3b | $4.5b | ($5.6b) | ($5.4b) | |
| Investments in unconsolidated affiliates | ($138.8m) | ($50.5m) | ($113.6m) | ($111.6m) | ($15.6m) | ($2.1m) | ($1.0m) | ($2.0m) | $0 | ($2.0m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $1.0b | $198.7m | $150.6m | $0 | $0 | — | $3.2b | $0 | $949.0m | $0 | ($1.0m) | |
| Other investing activities | ($400k) | ($24.5m) | ($5.4m) | ($16.1m) | ($17.5m) | ($19.9m) | ($5.0m) | ($13.0m) | ($31.0m) | ($25.0m) | — | |
| Payments for (Proceeds from) Other Investing Activities | $400k | $24.5m | $5.4m | $16.1m | $17.5m | $19.9m | $5.0m | $13.0m | $31.0m | $25.0m | — | |
| Net cash flow used in investing activities | ($4.0b) | ($3.3b) | ($4.3b) | ($4.6b) | ($3.1b) | ($2.1b) | ($5.0b) | ($3.2b) | ($5.4b) | ($5.5b) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($4.0b) | ($3.3b) | ($4.3b) | ($4.6b) | ($3.1b) | ($2.1b) | ($5.0b) | ($3.2b) | ($5.4b) | ($5.5b) | ($4.7b) | |
| Cash flows from financing activities: | ||||||||||||
| Borrowings under debt agreements | $62.8b | $69.3b | $79.6b | $58.2b | $6.7b | $11.2b | $96.1b | $89.9b | $53.7b | $88.3b | — | |
| Debt issuance costs | ($10.6m) | ($24.1m) | ($49.1m) | ($27.6m) | ($46.3m) | ($15.6m) | ($1.0m) | ($17.0m) | ($44.0m) | ($42.0m) | — | |
| Gain (Loss) on Extinguishment of Debt | $0 | — | — | — | — | — | — | — | — | — | — | |
| Repayments of debt | ($61.7b) | ($68.5b) | ($78.0b) | ($56.7b) | ($4.4b) | ($11.5b) | ($97.4b) | ($89.4b) | ($50.5b) | ($85.8b) | ($92.4b) | |
| Payments for Repurchase of Common Stock | — | — | $30.8m | $81.1m | $186.3m | $213.9m | $250.0m | $188.0m | $219.0m | $300.0m | — | |
| Other financing activities | ($18.7m) | ($29.3m) | ($29.0m) | ($39.4m) | ($35.3m) | ($41.1m) | ($53.0m) | ($71.0m) | ($66.0m) | ($59.0m) | — | |
| Net cash flow used in financing activities | $321.7m |
($1.7b)
-636.99%
|
($1.5b)
+12.89%
|
($1.9b)
-29.25%
|
($2.0b)
-3.99%
|
($4.6b)
-126.00%
|
($5.8b)
-27.84%
|
($4.3b)
+27.14%
|
($2.2b)
+49.18%
|
($2.7b)
-24.17%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $321.7m |
($1.7b)
-636.99%
|
($1.5b)
+12.89%
|
($1.9b)
-29.25%
|
($2.0b)
-3.99%
|
($4.6b)
-126.00%
|
($5.8b)
-27.84%
|
($4.3b)
+27.14%
|
($2.2b)
+49.18%
|
($2.7b)
-24.17%
|
($4.9b)
-82.58%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $382.7m | ($347.3m) | $339.8m | ($100k) | $748.1m | $1.8b | ($2.8b) | $114.0m | $518.0m | $407.0m | $345.0m | |
| Cash and cash equivalents, including restricted cash, January 1 | $417.6m | $70.3m | $410.1m | $410.0m | $1.2b | $3.0b | $206.0m | $320.0m | $838.0m | $1.2b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $382.7m | $70.3m | $410.1m | $410.0m | $1.2b | $3.0b | $206.0m | $320.0m | $838.0m | $1.2b | $345.0m | |
| Net change in cash and cash equivalents, including restricted cash | $382.7m | ($347.3m) | $339.8m | ($100k) | $748.1m | $1.8b | ($2.8b) | $114.0m | $518.0m | $407.0m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Acquisition of noncontrolling interests | — | — | — | — | — | — | $0 | ($10.0m) | ($400.0m) | $0 | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $3.8m | $5.5m | $6.2m | $7.9m | $8.2m | $18.0m | $18.0m | $11.0m | $13.0m | $20.0m | — | |
| Cash contributions from noncontrolling interests (see Note 8) | $20.4m | $400k | $238.1m | $632.8m | $30.9m | $72.4m | $7.0m | $44.0m | $90.0m | $5.0m | — | |
| Cash distributions paid to common unitholders (see Note 8) | ($3.3b) | ($3.6b) | ($3.7b) | ($3.8b) | ($3.9b) | ($3.9b) | ($4.1b) | ($4.3b) | ($4.5b) | ($4.7b) | — | |
| Cash payments made in connection with distribution equivalent rights | ($11.7m) | ($15.1m) | ($17.7m) | ($22.1m) | ($27.1m) | ($30.9m) | ($34.0m) | ($38.0m) | ($43.0m) | ($44.0m) | — | |
| Cash used for business combinations, net of cash received (see Note 12) | ($1.0b) | ($198.7m) | ($150.6m) | $0 | $0 | $0 | ($3.2b) | $0 | ($949.0m) | $0 | — | |
| Change in fair market value of derivative instruments | $45.0m | $22.8m | $17.8m | $27.2m | ($79.3m) | ($27.4m) | $78.0m | $33.0m | ($20.0m) | $16.0m | — | |
| Distributions received from unconsolidated affiliates attributable to earnings | $380.5m | $433.7m | $479.4m | $568.0m | $426.6m | $543.8m | $446.0m | $446.0m | $406.0m | $364.0m | — | |
| Distributions received from unconsolidated affiliates attributable to the return of capital | $71.0m | $49.3m | $50.0m | $63.3m | $187.5m | $46.3m | $98.0m | $42.0m | $77.0m | $74.0m | — | |
| Equity in income of unconsolidated affiliates | ($362.0m) | ($426.0m) | ($480.0m) | ($563.0m) | ($426.1m) | ($583.4m) | ($464.0m) | ($462.0m) | ($408.0m) | ($361.0m) | — | |
| General and Administrative Expense | $160.1m | $181.1m | $208.3m | $211.7m | $219.6m | $209.3m | $241.0m | $231.0m | $244.0m | $251.0m | — | |
| Goodwill | $5.7b | $5.7b | $5.7b | $5.7b | $5.4b | $5.4b | $5.6b | $5.6b | $5.7b | $5.7b | $46.0m | |
| Income Tax Expense (Benefit) | $23.4m | $25.7m | $60.3m | $45.6m | ($124.3m) | $70.0m | $82.0m | $44.0m | $65.0m | $23.0m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $18.1m | $0 | $24.0m | $20.0m | $12.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $1.4b | $1.4b | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $947.9m | $912.1m | $1.0b | $1.1b | $1.2b | $1.2b | $1.2b | $1.2b | $1.3b | $1.4b | — | |
| Monetization of interest rate derivative instruments (see Note 14) | $6.1m | $30.6m | $22.1m | $0 | ($33.3m) | $75.2m | $0 | $21.0m | ($33.0m) | $14.0m | — | |
| Net effect of changes in operating accounts (see Note 19) | ($180.9m) | $32.2m | $16.2m | ($457.4m) | ($767.5m) | $1.4b | ($54.0m) | ($555.0m) | ($506.0m) | ($124.0m) | — | |
| Operating Costs and Expenses | $19.6b | $25.6b | $31.4b | $27.1b | $22.4b | $35.1b | $51.5b | $43.0b | $49.0b | $45.4b | — | |
| Operating Lease, Lease Income | — | — | — | $14.4m | $11.4m | $12.3m | $14.0m | $16.0m | $15.0m | $16.0m | — | |
| Proceeds from Noncontrolling Interests | $20.4m | $400k | $238.1m | $632.8m | $30.9m | $72.4m | $7.0m | $44.0m | $90.0m | $5.0m | — | |
| Proceeds from asset sales and other matters | $46.5m | $40.1m | $161.2m | $20.6m | $12.8m | $64.3m | $122.0m | $42.0m | $14.0m | $82.0m | — | |
| Repurchase of common units under 2019 Buyback Program (see Note 8) | $0 | $0 | ($30.8m) | ($81.1m) | ($186.3m) | ($213.9m) | ($250.0m) | ($188.0m) | ($219.0m) | ($300.0m) | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Unrealized Gain (Loss) on Commodity Contracts | — | — | ($19.1m) | $67.7m | $79.3m | $27.4m | ($78.0m) | ($33.0m) | $20.0m | ($16.0m) | — | |
| Unrealized Gain (Loss) on Derivatives | ($45.0m) | ($22.8m) | ($17.8m) | ($94.9m) | $0 | $0 | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.