← Energy Transfer LP

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 Income (Loss) Attributable to Parent $995.0m
$954.0m -4.12%
$1.7b +77.57%
$3.6b +112.04%
($648.0m) -118.04%
$5.5b +944.14%
$4.8b -13.05%
$3.9b -17.26%
$4.8b +22.34%
$4.4b -7.91%
—
Net Income (Loss) Attributable to Noncontrolling Interest ($954.0m) $1.4b $1.6b $1.3b $739.0m $1.2b $1.1b $1.3b $1.7b — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $41.0m $2.4b $3.4b $4.9b $140.0m $6.7b $5.9b $5.3b $6.6b $5.7b —
Amortization of Debt Issuance Costs $3.0m $24.0m — ($117.0m) ($59.0m) ($14.0m) ($27.0m) ($45.0m) — ($119.0m) —
Amortization of Intangible Assets — — — — — $352.0m $390.0m $399.0m $464.0m $479.0m —
Depreciation $1.9b $2.2b $2.5b $2.8b $3.3b $3.5b $3.8b $4.0b $4.7b $5.2b $6.1b
Depreciation Amortization Depletion — — — — — — $4.2b $4.4b $5.2b $5.7b $6.1b
Depreciation and amortization $2.2b $2.6b $2.9b $3.1b $3.7b $3.8b $4.2b $4.4b $5.2b $5.7b $6.1b
Deferred Income Tax $225.0m $1.9b $7.0m $217.0m $210.0m $141.0m $187.0m $203.0m $276.0m $178.0m $338.0m
Deferred Tax — — — — — — $187.0m $203.0m $276.0m $178.0m $338.0m
Share-based Payment Arrangement, Noncash Expense $70.0m $99.0m $105.0m $113.0m $121.0m $111.0m $115.0m $130.0m $151.0m $148.0m $166.0m
Asset Impairment Charge — — — — — — $386.0m $12.0m $52.0m $285.0m $278.0m
Equity Method Investment, Other than Temporary Impairment $308.0m $313.0m $0 $0 $129.0m $0 $0 $353.0m $356.0m $382.0m —
Goodwill, Impairment Loss $826.0m $895.0m ($378.0m) $21.0m $2.8b — — — — — $278.0m
Impairment losses and other $1.5b $1.0b $431.0m $74.0m $2.9b $21.0m $386.0m $12.0m $52.0m $285.0m —
Impairment of Intangible Assets, Finite-lived $32.0m — — — — — — — — — —
Earnings (Loss)es From Equity Investments — — — — — — ($257.0m) ($383.0m) ($379.0m) ($419.0m) ($440.0m)
Equity Method Investment, Realized Gain (Loss) on Disposal $0 $297.0m $328.0m $290.0m $220.0m $212.0m $232.0m $353.0m $356.0m $382.0m —
Income (Loss) from Equity Method Investments $270.0m $144.0m $344.0m $302.0m $119.0m $246.0m $257.0m $383.0m $379.0m $419.0m —
Other Nonoperating Income (Expense) $132.0m $214.0m $62.0m $105.0m $12.0m $77.0m $90.0m $86.0m $134.0m $120.0m —
Proceeds from Equity Method Investment, Distribution $268.0m $297.0m $328.0m $290.0m $220.0m $212.0m $232.0m $353.0m $356.0m $382.0m —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — ($1.5b) ($451.0m) ($196.0m) ($2.0b) ($1.5b)
Change In Receivables — — — — — — ($840.0m) ($176.0m) ($760.0m) ($46.0m) ($5.9b)
Changes In Account Receivables — — — — — — ($840.0m) ($176.0m) ($760.0m) ($46.0m) ($5.9b)
Increase (Decrease) in Accounts Receivable $1.1b $948.0m ($541.0m) $473.0m ($1.2b) $3.4b $863.0m $171.0m $775.0m $77.0m ($5.9b)
Change In Inventory — — — — — — ($361.0m) $35.0m ($735.0m) ($717.0m) ($201.0m)
Increase (Decrease) in Inventories $345.0m ($58.0m) ($282.0m) $117.0m $271.0m $19.0m $361.0m ($35.0m) $735.0m $717.0m ($201.0m)
Inventory Write-down $273.0m — — — $82.0m $190.0m $5.0m $114.0m $86.0m $156.0m —
Inventory valuation adjustments ($273.0m) ($24.0m) $85.0m ($79.0m) $82.0m ($190.0m) ($5.0m) $114.0m $86.0m $156.0m —
Change In Payables And Accrued Expense — — — — — — $162.0m ($330.0m) $1.4b ($442.0m) $4.7b
Increase (Decrease) in Accounts Payable $1.2b $712.0m ($766.0m) $146.0m ($1.3b) $3.8b $25.0m ($501.0m) $1.3b ($322.0m) $4.7b
Change In Accrued Expense — — — — — — $131.0m $209.0m $166.0m ($96.0m) $263.0m
Change In Other Current Assets — — — — — — ($180.0m) $96.0m ($84.0m) ($200.0m) $278.0m
Change In Other Current Liabilities — — — — — — $66.0m ($33.0m) ($123.0m) ($523.0m) ($654.0m)
Proceeds from sales of other assets $43.0m $48.0m $87.0m $54.0m $19.0m $45.0m $78.0m $38.0m $1.0b $30.0m —
Other Operating Income (Expense), Net — — — — — — — — $953.0m $817.0m —
Net Cash Provided by (Used in) Operating Activities $3.3b
$4.4b +35.48%
$7.5b +69.47%
($159.0m) -102.12%
($117.0m) +26.42%
$11.2b +9640.17%
$9.1b -18.91%
$9.6b +5.57%
$11.5b +20.42%
$10.1b -11.79%
$12.1b +19.41%
Cash flows from investing activities:
Capital Expenditure $7.7b $8.4b $7.4b $6.0b $5.1b $2.8b ($3.4b) ($3.1b) ($4.2b) ($6.3b) ($6.9b)
Capital expenditures, excluding allowance for equity funds used during construction ($8.1b) ($8.4b) ($7.4b) ($6.0b) ($5.1b) ($2.8b) ($3.4b) ($3.1b) ($4.2b) ($6.3b) ($6.9b)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($2.0m) $0 — — — — $0 $0 ($586.0m) $0 ($470.0m)
Cash paid for acquisitions, net of cash received ($1.6b) ($303.0m) ($429.0m) ($7.0m) $0 ($256.0m) ($1.1b) ($111.0m) ($250.0m) ($2.3b) —
Net change in operating assets and liabilities, net of effects of acquisitions and divestitures ($61.0m) ($192.0m) $289.0m ($518.0m) $47.0m $515.0m ($1.5b) ($451.0m) ($196.0m) ($2.0b) —
Payments to Acquire Businesses, Net of Cash Acquired $1.4b $303.0m $429.0m $7.0m $0 $256.0m $1.1b $111.0m $250.0m — ($3.0b)
Net Other Investing Changes — — — — — — $136.0m $81.0m $1.1b $140.0m $187.0m
Payments for (Proceeds from) Other Investing Activities $0 $3.0m ($61.0m) ($18.0m) $3.0m ($1.0m) ($2.0m) ($3.0m) ($12.0m) ($10.0m) —
Net Cash Provided by (Used in) Investing Activities ($8.9b) ($5.6b) ($7.1b) ($6.9b) ($4.9b) ($2.8b) ($4.0b) ($4.3b) ($5.9b) ($8.4b) ($9.6b)
Cash flows from financing activities:
(Gains) losses on extinguishments of debt $0 $89.0m $112.0m $18.0m $75.0m $38.0m $0 ($2.0m) $12.0m $34.0m —
Debt issuance costs ($52.0m) ($131.0m) ($171.0m) ($117.0m) ($59.0m) ($14.0m) ($27.0m) ($45.0m) ($147.0m) ($119.0m) —
Gain (Loss) on Extinguishment of Debt $0 ($89.0m) ($112.0m) ($18.0m) ($75.0m) ($38.0m) $0 $2.0m ($12.0m) ($34.0m) —
Issuance Of Debt — — — — — — $28.8b $32.1b $34.1b $32.9b $40.8b
Long Term Debt Issuance — — — — — — $28.8b $32.1b $34.1b $32.9b $40.8b
Long Term Debt Payments — — — — — — ($29.7b) ($31.4b) ($29.4b) ($28.1b) ($37.2b)
Net Issuance Payments Of Debt — — — — — — ($843.0m) $714.0m $4.7b $4.8b $3.6b
Net Long Term Debt Issuance — — — — — — ($843.0m) $714.0m $4.7b $4.8b $3.6b
Proceeds from Issuance of Long-term Debt $25.8b $31.6b $29.0b $22.6b $24.4b $21.3b $28.8b $32.1b $34.1b $32.9b $40.8b
Proceeds from borrowings $25.8b $31.6b $29.0b $22.6b $24.4b $21.3b $28.8b $32.1b $34.1b $32.9b —
Repayment Of Debt — — — — — — ($29.7b) ($31.4b) ($29.4b) ($28.1b) ($37.2b)
Repayments of Long-term Debt $19.1b $31.3b $28.9b $20.1b $24.1b $27.3b $29.7b $31.4b $29.4b — ($37.2b)
Repayments of Senior Debt — — — — — — $0 $0 ($749.0m) $0 —
Repayments of debt — — — ($20.1b) ($24.1b) ($27.3b) ($29.7b) ($31.4b) ($29.4b) ($28.1b) ($37.2b)
Common Stock Dividend Paid — — — — — — ($3.0b) ($4.2b) ($4.6b) ($4.7b) ($4.7b)
Common Stock Issuance — — — — — $889.0m $0 $0 — — —
Common Stock Payments — — — — — ($31.0m) $0 $0 — — $0
Issuance Of Capital Stock — — — — — — $0 $0 $0 $1.5b $1.5b
Net Common Stock Issuance — — — — — $858.0m $0 $0 — — —
Payments for Repurchase of Common Stock $0 $0 $24.0m $25.0m $0 $31.0m $0 $0 — — —
Repurchase Of Capital Stock — — — — — — $0 $0 ($3.5b) ($500.0m) $0
Cash Dividends Paid — — — — — — ($3.0b) ($4.2b) ($4.6b) ($4.7b) ($4.8b)
Dividend Received CFO — — — — — — $232.0m $353.0m $356.0m $382.0m $342.0m
Dividends Received CFI — — — — — — $62.0m $63.0m $75.0m $61.0m $84.0m
Net Other Financing Charges — — — — — — ($1.2b) ($1.8b) ($2.1b) ($1.9b) ($2.0b)
Proceeds from (Payments for) Other Financing Activities ($3.0m) $6.0m ($166.0m) ($14.0m) $65.0m ($3.0m) $0 $0 — — —
Net Cash Provided by (Used in) Financing Activities $5.9b
$953.0m -83.92%
($3.1b) -423.40%
($1.2b) +61.16%
($2.4b) -99.42%
($8.4b) -252.66%
($5.1b) +39.32%
($5.3b) -4.27%
($5.5b) -2.35%
($816.0m) +85.03%
($1.7b) -112.38%
Increase (decrease) in cash and cash equivalents ($123.0m) ($131.0m) $83.0m ($128.0m) $76.0m ($31.0m) ($79.0m) ($96.0m) $151.0m $960.0m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($123.0m) ($131.0m) $83.0m ($128.0m) $76.0m ($31.0m) ($79.0m) ($96.0m) $151.0m $960.0m $1.0b
Beginning Cash Position — — — — — — $336.0m $257.0m $161.0m $312.0m $242.0m
Cash and cash equivalents, beginning of period $606.0m $467.0m $336.0m $419.0m $291.0m $367.0m $257.0m $161.0m $312.0m $1.3b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $257.0m $161.0m $312.0m $1.3b $1.0b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Capital contributions from noncontrolling interests $236.0m $1.2b $649.0m $348.0m $222.0m $226.0m $405.0m $3.0m $2.0m $0 —
Cash Acquired from Acquisition $0 $0 $461.0m $0 $0 $51.0m $0 $0 $27.0m $0 —
Cash Flow From Continuing Financing Activities — — — — — — ($5.1b) ($5.3b) ($5.5b) ($816.0m) ($1.7b)
Cash Flow From Continuing Investing Activities — — — — — — ($4.0b) ($4.3b) ($5.9b) ($8.4b) ($9.6b)
Change In Account Payable — — — — — — $31.0m ($539.0m) $1.3b ($346.0m) $4.7b
Change In Cash Supplemental As Reported — — — — — — ($79.0m) ($96.0m) $151.0m $960.0m —
Change In Other Working Capital — — — — — — ($349.0m) ($43.0m) $60.0m ($48.0m) ($1.0m)
Change In Payable — — — — — — $31.0m ($539.0m) $1.3b ($346.0m) $4.7b
Changes In Cash — — — — — — ($79.0m) ($96.0m) $151.0m $960.0m $778.0m
Contributions in aid of construction costs $71.0m $31.0m $109.0m $80.0m $67.0m $43.0m $56.0m $40.0m $73.0m $100.0m —
Contributions to unconsolidated affiliates ($68.0m) ($268.0m) ($26.0m) ($523.0m) ($38.0m) ($4.0m) $0 ($6.0m) ($206.0m) ($10.0m) —
Deconsolidation, Gain (Loss), Amount — — — — — — ($85.0m) ($85.0m) ($85.0m) — —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $0 $0 $0 $0 $0 $0 $0 — — $0 —
Derivative, Gain (Loss) on Derivative, Net ($220.0m) $0 ($23.0m) ($301.0m) ($229.0m) ($86.0m) $417.0m $83.0m $63.0m $241.0m —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $0 — — — — — — — — — —
Distributions from unconsolidated affiliates in excess of cumulative earnings $135.0m $135.0m $69.0m $98.0m $187.0m $167.0m $62.0m $63.0m $75.0m $61.0m —
Distributions on unvested awards — — $38.0m $38.0m $41.0m $47.0m $73.0m $68.0m $59.0m $52.0m —
Distributions to noncontrolling interests ($2.8b) ($3.0b) ($3.1b) ($1.6b) ($1.7b) ($1.5b) ($1.5b) ($1.7b) ($1.8b) ($1.7b) —
Distributions to partners ($1.0b) ($1.0b) ($1.7b) ($3.1b) ($2.8b) ($1.9b) ($3.0b) ($4.2b) ($4.6b) ($4.7b) —
Distributions to redeemable noncontrolling interests — $0 $24.0m $0 $49.0m $49.0m $49.0m $59.0m $67.0m $56.0m —
End Cash Position — — — — — — $257.0m $161.0m $312.0m $1.3b $1.0b
Financing Cash Flow — — — — — — ($5.1b)
($5.3b) -4.27%
($5.5b) -2.35%
($816.0m) +85.03%
($1.7b) -112.38%
Free Cash Flow — — — — — — $5.7b $6.4b $7.3b $3.8b $5.2b
Gain (Loss) Related to Litigation Settlement — — — — — — — ($627.0m) $0 $0 —
Gain (Loss) on Disposition of Assets — — — — — — $0 $0 $586.0m $0 —
Gain Loss On Investment Securities — — — — — — ($73.0m) ($68.0m) ($59.0m) ($52.0m) ($52.0m)
Gain Loss On Sale Of Business — — — — — — $0 $0 ($586.0m) $0 $12.0m
Goodwill $5.2b $4.8b $4.9b $5.2b $2.4b $2.5b $2.6b $4.0b $3.9b $5.5b $278.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $520.0m $2.5b $3.6b $4.9b $140.0m — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $520.0m $2.5b — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — ($6.0m) ($10.0m) — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($479.0m) ($177.0m) ($265.0m) $0 $0 — — — — — —
Income Tax Expense (Benefit) ($248.0m) ($1.8b) $4.0m $195.0m $237.0m $184.0m $204.0m $303.0m $541.0m $350.0m —
Income Taxes Paid, Net — — — — — $41.0m $54.0m $103.0m $206.0m $103.0m —
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.9b $1.9b $1.9b $1.9b $2.1b $2.2b $2.2b $2.3b $2.9b $3.1b —
Investing Cash Flow — — — — — — ($4.0b) ($4.3b) ($5.9b) ($8.4b) ($9.6b)
Net Business Purchase And Sale — — — — — — ($839.0m) ($1.3b) ($2.8b) ($2.3b) ($3.0b)
Net Investment Purchase And Sale — — — — — — $0 $0 ($84.0m) $0 $0
Net Preferred Stock Issuance — — — — — — $0 $0 ($3.5b) $973.0m $1.5b
Non-cash compensation expense $70.0m $99.0m $105.0m $113.0m $121.0m $111.0m $115.0m $130.0m $151.0m $148.0m —
Operating Costs and Expenses $1.7b $2.6b $3.1b $3.3b $3.2b $3.6b $4.3b $4.4b $5.2b $5.9b —
Operating Gains Losses — — — — — — ($330.0m) ($453.0m) ($1.0b) ($437.0m) ($470.0m)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $0 — — — — — — — — — —
Other Non Cash Items — — — — — — ($69.0m) $82.0m $149.0m $179.0m —
Other Noncash Income (Expense) ($239.0m) ($298.0m) $56.0m ($182.0m) $61.0m ($103.0m) $64.0m $32.0m ($63.0m) ($23.0m) —
Other, net ($3.0m) $6.0m ($166.0m) ($14.0m) $65.0m ($3.0m) $0 $0 $12.0m $10.0m —
Payments for Repurchase of Preferred Stock and Preference Stock $0 — — — — — $0 $0 ($2.7b) ($500.0m) —
Preferred Stock Issuance — — — — — — — $0 $0 $1.5b $1.5b
Preferred Stock Payments — — — — — — $0 $0 ($3.5b) ($500.0m) $0
Preferred units issued for cash — — — $0 $0 $889.0m $0 $0 $0 $1.5b —
Proceeds from (Payments to) Noncontrolling Interests $236.0m $1.2b $649.0m $348.0m $222.0m $226.0m $405.0m $3.0m $2.0m $0 —
Proceeds from Contributions from Affiliates — — — — — — $405.0m $3.0m $638.0m $27.0m —
Purchase Of Business — — — — — — ($1.1b) ($1.3b) ($2.9b) ($2.3b) ($3.0b)
Purchase Of Investment — — — — — — $0 $0 ($84.0m) $0 $0
Sale Of Business — — — — — — $302.0m $0 $27.0m $0 $0
Stock Based Compensation — — — — — — $115.0m $130.0m $151.0m $148.0m $166.0m
Supplemental disclosure of cash flow information:
Unrealized Gain (Loss) on Derivatives ($136.0m) $59.0m ($11.0m) ($5.0m) ($71.0m) $162.0m ($42.0m) ($3.0m) $56.0m $130.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.