Note 17. Condensed Consolidating Financial Information

EPO conducts substantially all of our business. Currently, we have no independent operations and no material assets outside those of EPO.

EPO has issued publicly traded debt securities. Enterprise Products Partners L.P., as the parent company of EPO, guarantees the debt obligations of EPO, with the exception of the remaining debt obligations of TEPPCO. If EPO were to default on any of its guaranteed debt, Enterprise Products Partners L.P. would be responsible for full and unconditional repayment of that obligation. EPO's consolidated subsidiaries have no significant restrictions on their ability to pay distributions or make loans to Enterprise Products Partners L.P. See Note 9 for additional information regarding our consolidated debt obligations.

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Balance Sheet

March 31, 2013

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)		Other Subsidiaries (Non-guarantor)		EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries		Enterprise Products Partners L.P. (Guarantor)		Eliminations and Adjustments			Consolidated Total
ASSETS
Current assets:
Cash and cash equivalents and restricted cash	$	1,314.9	$	39.0	$	(5.7	)	$	1,348.2	$	0.2	$	--		$	1,348.4
Accounts receivable – trade, net		1,574.6		2,934.0		(6.4	)		4,502.2		--		--			4,502.2
Accounts receivable – related parties		266.4		1,557.2		(1,797.2	)		26.4		--		(23.7	)		2.7
Inventories		927.7		232.4		(1.0	)		1,159.1		--		--			1,159.1
Prepaid and other current assets		117.5		243.3		(5.3	)		355.5		0.4		--			355.9
Total current assets		4,201.1		5,005.9		(1,815.6	)		7,391.4		0.6		(23.7	)		7,368.3
Property, plant and equipment, net		1,746.3		23,474.2		2.0			25,222.5		--		--			25,222.5
Investments in unconsolidated affiliates		29,249.7		2,047.5		(29,618.2	)		1,679.0		13,906.0		(13,906.0	)		1,679.0
Intangible assets, net		78.1		1,461.7		--			1,539.8		--		--			1,539.8
Goodwill		458.9		1,627.2		--			2,086.1		--		--			2,086.1
Other assets		135.5		76.2		(6.2	)		205.5		0.2		--			205.7
Total assets	$	35,869.6	$	33,692.7	$	(31,438.0	)	$	38,124.3	$	13,906.8	$	(13,929.7	)	$	38,101.4

LIABILITIES AND EQUITY
Current liabilities:
Current maturities of debt	$	1,137.6	$	12.4	$	--		$	1,150.0	$	--	$	--		$	1,150.0
Accounts payable – trade		231.5		565.1		(5.7	)		790.9		--		--			790.9
Accounts payable – related parties		1,759.6		131.8		(1,798.9	)		92.5		24.3		(23.7)			93.1
Accrued product payables		2,177.4		2,739.8		(5.7	)		4,911.5		--		--			4,911.5
Accrued interest		185.0		0.7		--			185.7		--		--			185.7
Other current liabilities		77.1		315.4		(5.2	)		387.3		--		0.1			387.4
Total current liabilities		5,568.2		3,765.2		(1,815.5	)		7,517.9		24.3		(23.6)			7,518.6
Long-term debt		16,378.8		14.9		--			16,393.7		--		--			16,393.7
Deferred tax liabilities		5.3		16.4		(6.2	)		15.5		--		0.6			16.1
Other long-term liabilities		9.9		172.9		--			182.8		--		--			182.8
Commitments and contingencies
Equity:
Partners' and other owners' equity		13,907.4		29,649.2		(29,674.2	)		13,882.4		13,882.5		(13,882.4	)		13,882.5
Noncontrolling interests		--		74.1		57.9			132.0		--		(24.3	)		107.7
Total equity		13,907.4		29,723.3		(29,616.3	)		14,014.4		13,882.5		(13,906.7	)		13,990.2
Total liabilities and equity	$	35,869.6	$	33,692.7	$	(31,438.0	)	$	38,124.3	$	13,906.8	$	(13,929.7	)	$	38,101.4

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Balance Sheet

December 31, 2012

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)		Other Subsidiaries (Non-guarantor)		EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries		Enterprise Products Partners L.P. (Guarantor)			Eliminations and Adjustments			Consolidated Total
ASSETS
Current assets:
Cash and cash equivalents and restricted cash	$	4.3	$	28.0	$	(12.1	)	$	20.2	$	0.2		$	--		$	20.4
Accounts receivable – trade, net		1,585.2		2,768.7		(3.0	)		4,350.9		--			--			4,350.9
Accounts receivable – related parties		180.5		1,372.8		(1,550.8	)		2.5		(0.6	)		0.6			2.5
Inventories		853.6		235.6		(0.8	)		1,088.4		--			--			1,088.4
Prepaid and other current assets		154.9		231.8		(5.8	)		380.9		--			--			380.9
Total current assets		2,778.5		4,636.9		(1,572.5	)		5,842.9		(0.4	)		0.6			5,843.1
Property, plant and equipment, net		1,673.6		23,170.8		2.0			24,846.4		--			--			24,846.4
Investments in unconsolidated affiliates		28,454.4		1,846.9		(28,906.7	)		1,394.6		13,188.0			(13,188.0	)		1,394.6
Intangible assets, net		78.5		1,488.3		--			1,566.8		--			--			1,566.8
Goodwill		458.9		1,627.9		--			2,086.8		--			--			2,086.8
Other assets		126.0		71.4		(0.9	)		196.5		0.2			--			196.7
Total assets	$	33,569.9	$	32,842.2	$	(30,478.1	)	$	35,934.0	$	13,187.8		$	(13,187.4	)	$	35,934.4

LIABILITIES AND EQUITY
Current liabilities:
Current maturities of debt	$	1,516.7	$	29.9	$	--		$	1,546.6	$	--		$	--		$	1,546.6
Accounts payable – trade		226.7		549.8		(12.1	)		764.4		0.1			--			764.5
Accounts payable – related parties		1,584.2		92.9		(1,550.6	)		126.5		--			0.6			127.1
Accrued product payables		1,851.8		2,628.4		(4.0	)		4,476.2		--			--			4,476.2
Accrued interest		300.1		0.7		--			300.8		--			--			300.8
Other current liabilities		266.5		280.0		(5.8	)		540.7		--			(0.2	)		540.5
Total current liabilities		5,746.0		3,581.7		(1,572.5	)		7,755.2		0.1			0.4			7,755.7
Long-term debt		14,640.2		15.0		--			14,655.2		--			--			14,655.2
Deferred tax liabilities		5.1		17.7		(0.9	)		21.9		--			0.6			22.5
Other long-term liabilities		15.6		189.4		--			205.0		--			--			205.0
Commitments and contingencies
Equity:
Partners' and other owners' equity		13,163.0		28,963.7		(28,961.1	)		13,165.6		13,187.7			(13,165.6	)		13,187.7
Noncontrolling interests		--		74.7		56.4			131.1		--			(22.8	)		108.3
Total equity		13,163.0		29,038.4		(28,904.7	)		13,296.7		13,187.7			(13,188.4	)		13,296.0
Total liabilities and equity	$	33,569.9	$	32,842.2	$	(30,478.1	)	$	35,934.0	$	13,187.8		$	(13,187.4	)	$	35,934.4

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Statement of Operations

Three Months Ended March 31, 2013

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)			Other Subsidiaries (Non-guarantor)			EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries			Enterprise Products Partners L.P. (Guarantor)		Eliminations and Adjustments			Consolidated Total
Revenues	$	7,355.5		$	7,440.4		$	(3,412.8	)	$	11,383.1		$	--	$	--		$	11,383.1
Costs and expenses:
Operating costs and expenses		7,143.9			6,689.2			(3,412.7	)		10,420.4			--		--			10,420.4
General and administrative costs		4.7			44.6			--			49.3			0.2		--			49.5
Total costs and expenses		7,148.6			6,733.8			(3,412.7	)		10,469.7			0.2		--			10,469.9
Equity in income of unconsolidated affiliates		746.7			51.2			(753.4	)		44.5			753.7		(753.7	)		44.5
Operating income		953.6			757.8			(753.5	)		957.9			753.5		(753.7	)		957.7
Other income (expense):
Interest expense		(195.3	)		(0.6	)		--			(195.9	)		--		--			(195.9	)
Other, net		0.1			(0.2	)		--			(0.1	)		--		--			(0.1	)
Total other expense, net		(195.2	)		(0.8	)		--			(196.0	)		--		--			(196.0	)
Income before income taxes		758.4			757.0			(753.5	)		761.9			753.5		(753.7	)		761.7
Provision for income taxes		(5.1	)		(1.0	)		--			(6.1	)		--		(0.3	)		(6.4	)
Net income		753.3			756.0			(753.5	)		755.8			753.5		(754.0	)		755.3
Net loss (income) attributable to noncontrolling interests		--			(0.5	)		(2.0	)		(2.5	)		--		0.7			(1.8	)
Net income attributable to entity	$	753.3		$	755.5		$	(755.5	)	$	753.3		$	753.5	$	(753.3	)	$	753.5

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Statement of Operations

Three Months Ended March 31, 2012

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)			Other Subsidiaries (Non-guarantor)			EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries			Enterprise Products Partners L.P. (Guarantor)		Eliminations and Adjustments			Consolidated Total
Revenues	$	7,639.8		$	7,158.5		$	(3,545.8	)	$	11,252.5		$	--	$	--		$	11,252.5
Costs and expenses:
Operating costs and expenses		7,409.8			6,603.6			(3,546.2	)		10,467.2			--		--			10,467.2
General and administrative costs		15.4			30.7			--			46.1			0.2		--			46.3
Total costs and expenses		7,425.2			6,634.3			(3,546.2	)		10,513.3			0.2		--			10,513.5
Equity in income of unconsolidated affiliates		594.5			78.4			(663.0	)		9.9			651.5		(651.5	)		9.9
Operating income		809.1			602.6			(662.6	)		749.1			651.3		(651.5	)		748.9
Other income (expense):
Interest expense		(185.6	)		(0.9	)		--			(186.5	)		--		--			(186.5	)
Other, net		0.1			58.6			--			58.7			--		--			58.7
Total other expense, net		(185.5	)		57.7			--			(127.8	)		--		--			(127.8	)
Income before income taxes		623.6			660.3			(662.6	)		621.3			651.3		(651.5	)		621.1
Benefit from income taxes		27.0			7.4			--			34.4			--		--			34.4
Net income		650.6			667.7			(662.6	)		655.7			651.3		(651.5	)		655.5
Net loss (income) attributable to noncontrolling interests		--			(44.4	)		39.7			(4.7	)		--		0.5			(4.2	)
Net income attributable to entity	$	650.6		$	623.3		$	(622.9	)	$	651.0		$	651.3	$	(651.0	)	$	651.3

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Statement of Comprehensive Income

Three Months Ended March 31, 2013

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)		Other Subsidiaries (Non- guarantor)			EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries			Enterprise Products Partners L.P. (Guarantor)		Eliminations and Adjustments			Consolidated Total
Comprehensive income	$	753.0	$	728.4		$	(753.4	)	$	728.0		$	725.8	$	(726.2	)	$	727.6
Comprehensive income attributable to noncontrolling interests		--		(0.5	)		(2.0	)		(2.5	)		--		0.7			(1.8	)
Comprehensive income attributable to entity	$	753.0	$	727.9		$	(755.4	)	$	725.5		$	725.8	$	(725.5	)	$	725.8

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Statement of Comprehensive Income

Three Months Ended March 31, 2012

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)		Other Subsidiaries (Non-guarantor)			EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries			Enterprise Products Partners L.P. (Guarantor)		Eliminations and Adjustments			Consolidated Total
Comprehensive income	$	679.8	$	648.1		$	(662.6	)	$	665.3		$	651.3	$	(651.5	)	$	665.1
Comprehensive income attributable to noncontrolling interests		--		(44.4	)		39.7			(4.7	)		--		0.5			(4.2	)
Comprehensive income attributable to entity	$	679.8	$	603.7		$	(622.9	)	$	660.6		$	651.3	$	(651.0	)	$	660.9

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Statement of Cash Flows

Three Months Ended March 31, 2013

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)			Other Subsidiaries (Non-guarantor)			EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries			Enterprise Products Partners L.P. (Guarantor)			Eliminations and Adjustments			Consolidated Total
Operating activities:
Net income	$	753.3		$	756.0		$	(753.5	)	$	755.8		$	753.5		$	(754.0	)	$	755.3
Reconciliation of net income to net cash flows provided by operating activities:
Depreciation, amortization and accretion		33.8			258.2			--			292.0			--			--			292.0
Equity in income of unconsolidated affiliates		(746.7	)		(51.2	)		753.4			(44.5	)		(753.7	)		753.7			(44.5	)
Distributions received from unconsolidated affiliates		1,173.7			50.3			(1,172.7	)		51.3			577.6			(577.6	)		51.3
Net effect of changes in operating accounts and other operating activities		(76.8	)		16.2			6.5			(54.1	)		23.2			(23.3	)		(54.2	)
Net cash flows provided by operating activities		1,137.3			1,029.5			(1,166.3	)		1,000.5			600.6			(601.2	)		999.9
Investing activities:
Capital expenditures, net of contributions in aid of construction costs		(62.1	)		(560.8	)		--			(622.9	)		--			--			(622.9	)
Proceeds from asset sales and insurance recoveries		--			130.5			--			130.5			--			--			130.5
Other investing activities		(958.6	)		(203.9	)		807.7			(354.8	)		(552.5	)		552.5			(354.8	)
Cash used in investing activities		(1,020.7	)		(634.2	)		807.7			(847.2	)		(552.5	)		552.5			(847.2	)
Financing activities:
Borrowings under debt agreements		6,174.6			--			--			6,174.6			--			--			6,174.6
Repayments of debt		(4,809.2	)		(17.4	)		--			(4,826.6	)		--			--			(4,826.6	)
Cash distributions paid to partners		(601.2	)		(1,175.1	)		1,175.1			(601.2	)		(577.6	)		601.2			(577.6	)
Cash distributions paid to noncontrolling interests		--			--			(2.4	)		(2.4	)		--			--			(2.4	)
Net cash proceeds from issuance of common units		--			--			--			--			554.1			--			554.1
Cash contributions from owners		552.5			807.7			(807.7	)		552.5			--			(552.5	)		--
Other financing activities		(186.0	)		--			--			(186.0	)		(24.6	)		--			(210.6	)
Cash provided by (used in) financing activities		1,130.7			(384.8	)		365.0			1,110.9			(48.1	)		48.7			1,111.5
Net change in cash and cash equivalents		1,247.3			10.5			6.4			1,264.2			--			--			1,264.2
Cash and cash equivalents, January 1		--			28.0			(12.1	)		15.9			0.2			--			16.1
Cash and cash equivalents, March 31	$	1,247.3		$	38.5		$	(5.7	)	$	1,280.1		$	0.2		$	--		$	1,280.3

Enterprise Products Partners L.P.

Unaudited Condensed Consolidating Statement of Cash Flows

Three Months Ended March 31, 2012

	EPO and Subsidiaries
	Subsidiary Issuer (EPO)			Other Subsidiaries (Non-guarantor)			EPO and Subsidiaries Eliminations and Adjustments			Consolidated EPO and Subsidiaries			Enterprise Products Partners L.P. (Guarantor)			Eliminations and Adjustments			Consolidated Total
Operating activities:
Net income	$	650.6		$	667.7		$	(662.6	)	$	655.7		$	651.3		$	(651.5	)	$	655.5
Reconciliation of net income to net cash flows provided by operating activities:
Depreciation, amortization and accretion		33.0			233.4			(0.3	)		266.1			--			--			266.1
Equity in income of unconsolidated affiliates		(594.5	)		(78.4	)		663.0			(9.9	)		(651.5	)		651.5			(9.9	)
Distributions received from unconsolidated affiliates		10.0			25.8			(8.8	)		27.0			531.6			(531.6	)		27.0
Net effect of changes in operating accounts and other operating activities		(489.4	)		335.8			(191.4	)		(345.0	)		11.5			(0.3	)		(333.8	)
Net cash flows provided by operating activities		(390.3	)		1,184.3			(200.1	)		593.9			542.9			(531.9	)		604.9
Investing activities:
Capital expenditures, net of contributions in aid of construction costs		(16.0	)		(952.1	)		--			(968.1	)		--			--			(968.1	)
Proceeds from asset sales and insurance recoveries		976.1			22.1			--			998.2			--			--			998.2
Other investing activities		(38.9	)		(39.2	)		12.5			(65.6	)		(31.8	)		31.8			(65.6	)
Cash used in investing activities		921.2			(969.2	)		12.5			(35.5	)		(31.8	)		31.8			(35.5	)
Financing activities:
Borrowings under debt agreements		1,396.6			--			--			1,396.6			--			--			1,396.6
Repayments of debt		(1,290.5	)		(9.5	)		--			(1,300.0	)		--			--			(1,300.0	)
Cash distributions paid to partners		(531.6	)		(208.0	)		208.0			(531.6	)		(530.4	)		531.6			(530.4	)
Cash distributions paid to noncontrolling interests		--			(4.4	)		(2.2	)		(6.6	)		--			--			(6.6	)
Cash contributions from noncontrolling interests		--			--			4.9			4.9			--			--			4.9
Net cash proceeds from issuance of common units		--			--			--			--			32.8			--			32.8
Cash contributions from owners		31.8			17.3			(17.3	)		31.8			--			(31.8	)		--
Other financing activities		(84.6	)		--			(0.1	)		(84.7	)		(13.5	)		--			(98.2	)
Cash provided by (used in) financing activities		(478.3	)		(204.6	)		193.3			(489.6	)		(511.1	)		499.8			(500.9	)
Net change in cash and cash equivalents		52.6			10.5			5.7			68.8			--			(0.3	)		68.5
Cash and cash equivalents, January 1		9.7			21.3			(11.2	)		19.8			--			--			19.8
Cash and cash equivalents, March 31	$	62.3		$	31.8		$	(5.5	)	$	88.6		$	--		$	(0.3	)	$	88.3