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Condensed Consolidating Financial Information
12 Months Ended
Dec. 31, 2014
Condensed Consolidating Financial Information [Abstract]  
Condensed Consolidating Financial Information

Note 22.  Condensed Consolidating Financial Information

EPO conducts 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 12 for additional information regarding our consolidated debt obligations.

Enterprise Products Partners L.P.
Condensed Consolidating Balance Sheet
December 31, 2014

 
 
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
 
$
18.7
  
$
70.4
  
$
(14.7
)
 
$
74.4
  
$
--
  
$
--
  
$
74.4
 
Accounts receivable – trade, net
  
1,128.5
   
2,698.2
   
(3.7
)
  
3,823.0
   
--
   
--
   
3,823.0
 
Accounts receivable – related parties
  
158.8
   
1,114.6
   
(1,266.6
)
  
6.8
   
--
   
(4.0
)
  
2.8
 
Inventories
  
831.8
   
182.8
   
(0.4
)
  
1,014.2
   
--
   
--
   
1,014.2
 
Prepaid and other current assets
  
537.7
   
346.3
   
(308.5
)
  
575.5
   
--
   
0.8
   
576.3
 
Total current assets
  
2,675.5
   
4,412.3
   
(1,593.9
)
  
5,493.9
   
--
   
(3.2
)
  
5,490.7
 
Property, plant and equipment, net
  
2,871.7
   
26,912.0
   
97.9
   
29,881.6
   
--
   
--
   
29,881.6
 
Investments in unconsolidated affiliates
  
36,937.5
   
3,556.4
   
(37,451.9
)
  
3,042.0
   
18,187.2
   
(18,187.2
)
  
3,042.0
 
Intangible assets, net
  
2,527.3
   
1,292.4
   
482.4
   
4,302.1
   
--
   
--
   
4,302.1
 
Goodwill
  
1,956.1
   
1,621.1
   
622.7
   
4,199.9
   
--
   
--
   
4,199.9
 
Other assets
  
139.3
   
45.8
   
(0.7
)
  
184.4
   
--
   
--
   
184.4
 
Total assets
 
$
47,107.4
  
$
37,840.0
  
$
(37,843.5
)
 
$
47,103.9
  
$
18,187.2
  
$
(18,190.4
)
 
$
47,100.7
 
 
                            
LIABILITIES AND EQUITY
                            
Current liabilities:
                            
Current maturities of debt
 
$
2,206.4
  
$
--
  
$
--
  
$
2,206.4
  
$
--
  
$
--
  
$
2,206.4
 
Accounts payable – trade
  
216.6
   
571.4
   
(14.8
)
  
773.2
   
0.6
   
--
   
773.8
 
Accounts payable – related parties
  
1,226.5
   
173.3
   
(1,280.9
)
  
118.9
   
4.0
   
(4.0
)
  
118.9
 
Accrued product payables
  
1,570.0
   
2,287.9
   
(4.6
)
  
3,853.3
   
--
   
--
   
3,853.3
 
Accrued interest
  
335.4
   
0.7
   
(0.6
)
  
335.5
   
--
   
--
   
335.5
 
Other current liabilities
  
130.8
   
763.7
   
(308.7
)
  
585.8
   
--
   
--
   
585.8
 
Total current liabilities
  
5,685.7
   
3,797.0
   
(1,609.6
)
  
7,873.1
   
4.6
   
(4.0
)
  
7,873.7
 
Long-term debt
  
19,142.5
   
14.9
   
--
   
19,157.4
   
--
   
--
   
19,157.4
 
Deferred tax liabilities
  
4.9
   
58.5
   
(0.9
)
  
62.5
   
--
   
4.1
   
66.6
 
Other long-term liabilities
  
10.9
   
180.8
   
(0.3
)
  
191.4
   
119.4
   
--
   
310.8
 
Commitments and contingencies
  
--
                         
Equity:
                            
Partners' and other owners' equity
  
22,263.4
   
33,720.6
   
(37,820.6
)
  
18,163.4
   
18,063.2
   
(18,163.4
)
  
18,063.2
 
Noncontrolling interests
  
--
   
68.2
   
1,587.9
   
1,656.1
   
--
   
(27.1
)
  
1,629.0
 
Total equity
  
22,263.4
   
33,788.8
   
(36,232.7
)
  
19,819.5
   
18,063.2
   
(18,190.5
)
  
19,692.2
 
Total liabilities and equity
 
$
47,107.4
  
$
37,840.0
  
$
(37,843.5
)
 
$
47,103.9
  
$
18,187.2
  
$
(18,190.4
)
 
$
47,100.7
 

Enterprise Products Partners L.P.
Condensed Consolidating Balance Sheet
December 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
 
$
93.9
  
$
49.5
  
$
(20.9
)
 
$
122.5
  
$
--
  
$
--
  
$
122.5
 
Accounts receivable – trade, net
  
1,986.8
   
3,491.1
   
(2.4
)
  
5,475.5
   
--
   
--
   
5,475.5
 
Accounts receivable – related parties
  
384.7
   
1,348.1
   
(1,726.0
)
  
6.8
   
0.2
   
(0.2
)
  
6.8
 
Inventories
  
948.5
   
145.4
   
(0.8
)
  
1,093.1
   
--
   
--
   
1,093.1
 
Prepaid and other current assets
  
140.9
   
191.4
   
(6.8
)
  
325.5
   
--
   
--
   
325.5
 
Total current assets
  
3,554.8
   
5,225.5
   
(1,756.9
)
  
7,023.4
   
0.2
   
(0.2
)
  
7,023.4
 
Property, plant and equipment, net
  
1,945.0
   
24,999.7
   
1.9
   
26,946.6
   
--
   
--
   
26,946.6
 
Investments in unconsolidated affiliates
  
30,819.9
   
2,921.2
   
(31,304.0
)
  
2,437.1
   
15,214.5
   
(15,214.5
)
  
2,437.1
 
Intangible assets, net
  
76.9
   
1,385.3
   
--
   
1,462.2
   
--
   
--
   
1,462.2
 
Goodwill
  
458.9
   
1,621.1
   
--
   
2,080.0
   
--
   
--
   
2,080.0
 
Other assets
  
123.5
   
67.2
   
(1.4
)
  
189.3
   
0.1
   
--
   
189.4
 
Total assets
 
$
36,979.0
  
$
36,220.0
  
$
(33,060.4
)
 
$
40,138.6
  
$
15,214.8
  
$
(15,214.7
)
 
$
40,138.7
 
 
                            
LIABILITIES AND EQUITY
                            
Current liabilities:
                            
Current maturities of debt
 
$
1,125.0
  
$
--
  
$
--
  
$
1,125.0
  
$
--
  
$
--
  
$
1,125.0
 
Accounts payable – trade
  
103.0
   
641.6
   
(20.9
)
  
723.7
   
--
   
--
   
723.7
 
Accounts payable – related parties
  
1,541.8
   
333.8
   
(1,724.9
)
  
150.7
   
--
   
(0.2
)
  
150.5
 
Accrued product payables
  
2,388.6
   
3,224.5
   
(4.4
)
  
5,608.7
   
--
   
--
   
5,608.7
 
Accrued interest
  
304.2
   
0.1
   
--
   
304.3
   
--
   
--
   
304.3
 
Other current liabilities
  
92.3
   
242.4
   
(6.7
)
  
328.0
   
--
   
(1.5
)
  
326.5
 
Total current liabilities
  
5,554.9
   
4,442.4
   
(1,756.9
)
  
8,240.4
   
--
   
(1.7
)
  
8,238.7
 
Long-term debt
  
16,211.6
   
14.9
   
--
   
16,226.5
   
--
   
--
   
16,226.5
 
Deferred tax liabilities
  
4.3
   
55.0
   
(1.4
)
  
57.9
   
--
   
2.9
   
60.8
 
Other long-term liabilities
  
11.8
   
160.5
   
--
   
172.3
   
--
   
--
   
172.3
 
Commitments and contingencies
                            
Equity:
                            
Partners' and other owners' equity
  
15,196.4
   
31,475.9
   
(31,482.4
)
  
15,189.9
   
15,214.8
   
(15,189.9
)
  
15,214.8
 
Noncontrolling interests
  
--
   
71.3
   
180.3
   
251.6
   
--
   
(26.0
)
  
225.6
 
Total equity
  
15,196.4
   
31,547.2
   
(31,302.1
)
  
15,441.5
   
15,214.8
   
(15,215.9
)
  
15,440.4
 
Total liabilities and equity
 
$
36,979.0
  
$
36,220.0
  
$
(33,060.4
)
 
$
40,138.6
  
$
15,214.8
  
$
(15,214.7
)
 
$
40,138.7
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2014

 
 
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
 
$
32,468.5
  
$
32,488.2
  
$
(17,005.5
)
 
$
47,951.2
  
$
--
  
$
--
  
$
47,951.2
 
Costs and expenses:
                            
Operating costs and expenses
  
31,579.2
   
29,647.6
   
(17,006.3
)
  
44,220.5
   
--
   
--
   
44,220.5
 
General and administrative costs
  
39.1
   
173.2
   
--
   
212.3
   
2.2
   
--
   
214.5
 
Total costs and expenses
  
31,618.3
   
29,820.8
   
(17,006.3
)
  
44,432.8
   
2.2
   
--
   
44,435.0
 
Equity in income of unconsolidated affiliates
  
2,865.2
   
354.3
   
(2,960.0
)
  
259.5
   
2,789.6
   
(2,789.6
)
  
259.5
 
Operating income
  
3,715.4
   
3,021.7
   
(2,959.2
)
  
3,777.9
   
2,787.4
   
(2,789.6
)
  
3,775.7
 
Other income (expense):
                            
Interest expense
  
(921.3
)
  
(2.5
)
  
2.8
   
(921.0
)
  
--
   
--
   
(921.0
)
Other, net
  
3.4
   
1.3
   
(2.8
)
  
1.9
   
--
   
--
   
1.9
 
Total other expense, net
  
(917.9
)
  
(1.2
)
  
--
   
(919.1
)
  
--
   
--
   
(919.1
)
Income before income taxes
  
2,797.5
   
3,020.5
   
(2,959.2
)
  
2,858.8
   
2,787.4
   
(2,789.6
)
  
2,856.6
 
Provision for income taxes
  
(11.5
)
  
(9.8
)
  
0.2
   
(21.1
)
  
--
   
(2.0
)
  
(23.1
)
Net income
  
2,786.0
   
3,010.7
   
(2,959.0
)
  
2,837.7
   
2,787.4
   
(2,791.6
)
  
2,833.5
 
Net loss (income) attributable to noncontrolling interests
  
--
   
0.4
   
(51.5
)
  
(51.1
)
  
--
   
5.0
   
(46.1
)
Net income attributable to entity
 
$
2,786.0
  
$
3,011.1
  
$
(3,010.5
)
 
$
2,786.6
  
$
2,787.4
  
$
(2,786.6
)
 
$
2,787.4
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 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
 
$
30,007.4
  
$
31,641.3
  
$
(13,921.7
)
 
$
47,727.0
  
$
--
  
$
--
  
$
47,727.0
 
Costs and expenses:
                            
Operating costs and expenses
  
29,176.7
   
28,983.7
   
(13,921.7
)
  
44,238.7
   
--
   
--
   
44,238.7
 
General and administrative costs
  
29.1
   
157.0
   
--
   
186.1
   
2.2
   
--
   
188.3
 
Total costs and expenses
  
29,205.8
   
29,140.7
   
(13,921.7
)
  
44,424.8
   
2.2
   
--
   
44,427.0
 
Equity in income of unconsolidated affiliates
  
2,609.0
   
204.8
   
(2,646.5
)
  
167.3
   
2,599.1
   
(2,599.1
)
  
167.3
 
Operating income
  
3,410.6
   
2,705.4
   
(2,646.5
)
  
3,469.5
   
2,596.9
   
(2,599.1
)
  
3,467.3
 
Other income (expense):
                            
Interest expense
  
(800.8
)
  
(1.7
)
  
--
   
(802.5
)
  
--
   
--
   
(802.5
)
Other, net
  
0.3
   
(0.5
)
  
--
   
(0.2
)
  
--
   
--
   
(0.2
)
Total other expense, net
  
(800.5
)
  
(2.2
)
  
--
   
(802.7
)
  
--
   
--
   
(802.7
)
Income before income taxes
  
2,610.1
   
2,703.2
   
(2,646.5
)
  
2,666.8
   
2,596.9
   
(2,599.1
)
  
2,664.6
 
Provision for income taxes
  
(13.9
)
  
(42.6
)
  
--
   
(56.5
)
  
--
   
(1.0
)
  
(57.5
)
Net income
  
2,596.2
   
2,660.6
   
(2,646.5
)
  
2,610.3
   
2,596.9
   
(2,600.1
)
  
2,607.1
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(1.2
)
  
(12.9
)
  
(14.1
)
  
--
   
3.9
   
(10.2
)
Net income attributable to entity
 
$
2,596.2
  
$
2,659.4
  
$
(2,659.4
)
 
$
2,596.2
  
$
2,596.9
  
$
(2,596.2
)
 
$
2,596.9
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended 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
 
Revenues
 
$
29,654.7
  
$
28,221.5
  
$
(15,293.1
)
 
$
42,583.1
  
$
--
  
$
--
  
$
42,583.1
 
Costs and expenses:
                            
Operating costs and expenses
  
28,839.1
   
25,821.8
   
(15,293.0
)
  
39,367.9
   
--
   
--
   
39,367.9
 
General and administrative costs
  
26.1
   
142.7
   
--
   
168.8
   
1.5
   
--
   
170.3
 
Total costs and expenses
  
28,865.2
   
25,964.5
   
(15,293.0
)
  
39,536.7
   
1.5
   
--
   
39,538.2
 
Equity in income of unconsolidated affiliates
  
2,381.8
   
80.7
   
(2,398.2
)
  
64.3
   
2,421.4
   
(2,421.4
)
  
64.3
 
Operating income
  
3,171.3
   
2,337.7
   
(2,398.3
)
  
3,110.7
   
2,419.9
   
(2,421.4
)
  
3,109.2
 
Other income (expense):
                            
Interest expense
  
(767.1
)
  
(4.7
)
  
--
   
(771.8
)
  
--
   
--
   
(771.8
)
Other, net
  
0.1
   
73.3
   
--
   
73.4
   
--
   
--
   
73.4
 
Total other expense, net
  
(767.0
)
  
68.6
   
--
   
(698.4
)
  
--
   
--
   
(698.4
)
Income before income taxes
  
2,404.3
   
2,406.3
   
(2,398.3
)
  
2,412.3
   
2,419.9
   
(2,421.4
)
  
2,410.8
 
Provision for income taxes
  
15.7
   
2.4
   
--
   
18.1
   
--
   
(0.9
)
  
17.2
 
Net income
  
2,420.0
   
2,408.7
   
(2,398.3
)
  
2,430.4
   
2,419.9
   
(2,422.3
)
  
2,428.0
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(5.1
)
  
(5.3
)
  
(10.4
)
  
--
   
2.3
   
(8.1
)
Net income attributable to entity
 
$
2,420.0
  
$
2,403.6
  
$
(2,403.6
)
 
$
2,420.0
  
$
2,419.9
  
$
(2,420.0
)
 
$
2,419.9
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 31, 2014

 
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
 
$
2,856.4
  
$
3,057.6
  
$
(2,958.9
)
 
$
2,955.1
  
$
2,904.8
  
$
(2,909.0
)
 
$
2,950.9
 
Comprehensive loss (income) attributable to noncontrolling interests
  
--
   
0.4
   
(51.5
)
  
(51.1
)
  
--
   
5.0
   
(46.1
)
Comprehensive income attributable to entity
 
$
2,856.4
  
$
3,058.0
  
$
(3,010.4
)
 
$
2,904.0
  
$
2,904.8
  
$
(2,904.0
)
)
 
$
2,904.8
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 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
 
$
2,616.5
  
$
2,651.6
  
$
(2,646.5
)
 
$
2,621.6
  
$
2,608.3
  
$
(2,611.4
)
 
$
2,618.5
 
Comprehensive income attributable to noncontrolling interests
  
--
   
(1.2
)
  
(12.9
)
  
(14.1
)
  
--
   
3.9
   
(10.2
)
Comprehensive income attributable to entity
 
$
2,616.5
  
$
2,650.4
  
$
(2,659.4
)
 
$
2,607.5
  
$
2,608.3
  
$
(2,607.5
)
 
$
2,608.3
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended 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
 
Comprehensive income
 
$
2,375.8
  
$
2,433.9
  
$
(2,398.3
)
 
$
2,411.4
  
$
2,400.9
  
$
(2,403.3
)
 
$
2,409.0
 
Comprehensive income attributable to noncontrolling interests
  
--
   
(5.1
)
  
(5.3
)
  
(10.4
)
  
--
   
2.3
   
(8.1
)
Comprehensive income attributable to entity
 
$
2,375.8
  
$
2,428.8
  
$
(2,403.6
)
 
$
2,401.0
  
$
2,400.9
  
$
(2,401.0
)
)
 
$
2,400.9
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2014

 
 
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
 
$
2,786.0
  
$
3,010.7
  
$
(2,959.0
)
 
$
2,837.7
  
$
2,787.4
  
$
(2,791.6
)
 
$
2,833.5
 
Reconciliation of net income to net cash flows provided by  operating activities:
                            
Depreciation, amortization and accretion
  
153.0
   
1,208.0
   
(0.5
)
  
1,360.5
   
--
   
--
   
1,360.5
 
Equity in income of unconsolidated affiliates
  
(2,865.2
)
  
(354.3
)
  
2,960.0
   
(259.5
)
  
(2,789.6
)
  
2,789.6
   
(259.5
)
Distributions received from unconsolidated affiliates
  
4,539.9
   
327.1
   
(4,491.9
)
  
375.1
   
2,702.9
   
(2,702.9
)
  
375.1
 
Net effect of changes in operating accounts and other operating activities
  
(627.0
)
  
479.4
   
5.7
   
(141.9
)
  
(7.5
)
  
2.0
   
(147.4
)
Net cash flows provided by operating activities
  
3,986.7
   
4,670.9
   
(4,485.7
)
  
4,171.9
   
2,693.2
   
(2,702.9
)
  
4,162.2
 
Investing activities:
                            
Capital expenditures, net of contributions in aid of construction costs
  
(647.9
)
  
(2,216.1
)
  
--
   
(2,864.0
)
  
--
   
--
   
(2,864.0
)
Cash used for business combinations, net of cash received
  
(2,437.5
)
  
20.7
   
--
   
(2,416.8
)
  
--
   
--
   
(2,416.8
)
Proceeds from asset sales and insurance recoveries
  
4.3
   
141.0
   
--
   
145.3
   
--
   
--
   
145.3
 
Other investing activities
  
(2,603.4
)
  
(660.0
)
  
2,601.0
   
(662.4
)
  
(384.6
)
  
384.6
   
(662.4
)
Cash used in investing activities
  
(5,684.5
)
  
(2,714.4
)
  
2,601.0
   
(5,797.9
)
  
(384.6
)
  
384.6
   
(5,797.9
)
Financing activities:
                            
Borrowings under debt agreements
  
18,361.1
   
--
   
--
   
18,361.1
   
--
   
--
   
18,361.1
 
Repayments of debt
  
(14,341.1
)
  
--
   
--
   
(14,341.1
)
  
--
   
--
   
(14,341.1
)
Cash distributions paid to partners
  
(2,702.9
)
  
(4,537.8
)
  
4,537.8
   
(2,702.9
)
  
(2,638.1
)
  
2,702.9
   
(2,638.1
)
Cash payments made in connection with DERs
  
--
   
--
   
--
   
--
   
(3.7
)
  
--
   
(3.7
)
Cash distributions paid to noncontrolling interests
  
--
   
(2.7
)
  
(45.9
)
  
(48.6
)
  
--
   
--
   
(48.6
)
Cash contributions from noncontrolling interests
  
--
   
--
   
4.0
   
4.0
   
--
   
--
   
4.0
 
Net cash proceeds from issuance of common units
  
--
   
--
   
--
   
--
   
388.8
   
--
   
388.8
 
Cash contributions from owners
  
384.6
   
2,604.9
   
(2,604.9
)
  
384.6
   
--
   
(384.6
)
  
--
 
Other financing activities
  
(13.6
)
  
--
   
--
   
(13.6
)
  
(55.6
)
  
--
   
(69.2
)
Cash provided by (used in) financing activities
  
1,688.1
   
(1,935.6
)
  
1,891.0
   
1,643.5
   
(2,308.6
)
  
2,318.3
   
1,653.2
 
Net change in cash and cash equivalents
  
(9.7
)
  
20.9
   
6.3
   
17.5
   
--
   
--
   
17.5
 
Cash and cash equivalents, January 1
  
28.4
   
49.5
   
(21.0
)
  
56.9
   
--
   
--
   
56.9
 
Cash and cash equivalents, December 31
 
$
18.7
  
$
70.4
  
$
(14.7
)
 
$
74.4
  
$
--
  
$
--
  
$
74.4
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 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
 
$
2,596.2
  
$
2,660.6
  
$
(2,646.5
)
 
$
2,610.3
  
$
2,596.9
  
$
(2,600.1
)
 
$
2,607.1
 
Reconciliation of net income to net cash flows provided by  operating activities:
                            
Depreciation, amortization and accretion
  
143.5
   
1,072.8
   
1.3
   
1,217.6
   
--
   
--
   
1,217.6
 
Equity in income of unconsolidated affiliates
  
(2,609.0
)
  
(204.8
)
  
2,646.5
   
(167.3
)
  
(2,599.1
)
  
2,599.1
   
(167.3
)
Distributions received from unconsolidated affiliates
  
4,523.2
   
233.7
   
(4,505.3
)
  
251.6
   
2,454.4
   
(2,454.4
)
  
251.6
 
Net effect of changes in operating accounts and other operating activities
  
(1,351.0
)
  
1,323.4
   
(10.1
)
  
(37.7
)
  
(7.8
)
  
2.0
   
(43.5
)
Net cash flows provided by operating activities
  
3,302.9
   
5,085.7
   
(4,514.1
)
  
3,874.5
   
2,444.4
   
(2,453.4
)
  
3,865.5
 
Investing activities:
                            
Capital expenditures, net of contributions in aid of construction costs
  
(517.8
)
  
(2,864.4
)
  
--
   
(3,382.2
)
  
--
   
--
   
(3,382.2
)
Proceeds from asset sales and insurance recoveries
  
59.6
   
221.0
   
--
   
280.6
   
--
   
--
   
280.6
 
Other investing activities
  
(3,163.6
)
  
(769.5
)
  
2,777.2
   
(1,155.9
)
  
(1,791.1
)
  
1,791.1
   
(1,155.9
)
Cash used in investing activities
  
(3,621.8
)
  
(3,412.9
)
  
2,777.2
   
(4,257.5
)
  
(1,791.1
)
  
1,791.1
   
(4,257.5
)
Financing activities:
                            
Borrowings under debt agreements
  
13,852.8
   
--
   
--
   
13,852.8
   
--
   
--
   
13,852.8
 
Repayments of debt
  
(12,650.8
)
  
(29.8
)
  
--
   
(12,680.6
)
  
--
   
--
   
(12,680.6
)
Cash distributions paid to partners
  
(2,453.4
)
  
(4,514.1
)
  
4,514.1
   
(2,453.4
)
  
(2,400.4
)
  
2,453.5
   
(2,400.3
)
Cash distributions paid to noncontrolling interests
  
--
   
--
   
(8.9
)
  
(8.9
)
  
--
   
--
   
(8.9
)
Cash contributions from noncontrolling interests
  
--
   
--
   
115.4
   
115.4
   
--
   
--
   
115.4
 
Net cash proceeds from issuance of common units
  
--
   
--
   
--
   
--
   
1,792.0
   
--
   
1,792.0
 
Cash contributions from owners
  
1,791.2
   
2,892.6
   
(2,892.6
)
  
1,791.2
   
--
   
(1,791.2
)
  
--
 
Other financing activities
  
(192.5
)
  
--
   
--
   
(192.5
)
  
(45.1
)
  
--
   
(237.6
)
Cash provided by (used in) financing activities
  
347.3
   
(1,651.3
)
  
1,728.0
   
424.0
   
(653.5
)
  
662.3
   
432.8
 
Net change in cash and cash equivalents
  
28.4
   
21.5
   
(8.9
)
  
41.0
   
(0.2
)
  
--
   
40.8
 
Cash and cash equivalents, January 1
  
--
   
28.0
   
(12.1
)
  
15.9
   
0.2
   
--
   
16.1
 
Cash and cash equivalents,
December 31
 
$
28.4
  
$
49.5
  
$
(21.0
)
 
$
56.9
  
$
--
  
$
--
  
$
56.9
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended 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
 
Operating activities:
 
  
  
  
  
  
  
 
Net income
 
$
2,420.0
  
$
2,408.7
  
$
(2,398.3
)
 
$
2,430.4
  
$
2,419.9
  
$
(2,422.3
)
 
$
2,428.0
 
Reconciliation of net income to net cash flows provided by  operating activities:
                            
Depreciation, amortization and accretion
  
118.0
   
986.9
   
--
   
1,104.9
   
--
   
--
   
1,104.9
 
Equity in income of unconsolidated affiliates
  
(2,381.8
)
  
(80.7
)
  
2,398.2
   
(64.3
)
  
(2,421.4
)
  
2,421.4
   
(64.3
)
Distributions received from unconsolidated affiliates
  
3,918.9
   
106.6
   
(3,908.8
)
  
116.7
   
2,209.3
   
(2,209.3
)
  
116.7
 
Net effect of changes in operating accounts and other operating activities
  
(2,174.9
)
  
1,485.3
   
(0.8
)
  
(690.4
)
  
(4.9
)
  
0.9
   
(694.4
)
Net cash flows provided by operating activities
  
1,900.2
   
4,906.8
   
(3,909.7
)
  
2,897.3
   
2,202.9
   
(2,209.3
)
  
2,890.9
 
Investing activities:
                            
Capital expenditures, net of contributions in aid of construction costs
  
(219.5
)
  
(3,379.0
)
  
--
   
(3,598.5
)
  
--
   
--
   
(3,598.5
)
Proceeds from asset sales and insurance recoveries
  
1,137.2
   
61.6
   
--
   
1,198.8
   
--
   
--
   
1,198.8
 
Other investing activities
  
(2,961.4
)
  
(432.3
)
  
2,774.6
   
(619.1
)
  
(816.2
)
  
816.2
   
(619.1
)
Cash used in investing activities
  
(2,043.7
)
  
(3,749.7
)
  
2,774.6
   
(3,018.8
)
  
(816.2
)
  
816.2
   
(3,018.8
)
Financing activities:
                            
Borrowings under debt agreements
  
8,363.1
   
--
   
--
   
8,363.1
   
--
   
--
   
8,363.1
 
Repayments of debt
  
(6,666.9
)
  
(9.5
)
  
--
   
(6,676.4
)
  
--
   
--
   
(6,676.4
)
Cash distributions paid to partners
  
(2,209.3
)
  
(3,922.1
)
  
3,922.1
   
(2,209.3
)
  
(2,178.6
)
  
2,209.3
   
(2,178.6
)
Cash distributions paid to noncontrolling interests
  
--
   
--
   
(13.3
)
  
(13.3
)
  
--
   
--
   
(13.3
)
Cash contributions from noncontrolling interests
  
--
   
--
   
6.6
   
6.6
   
--
   
--
   
6.6
 
Net cash proceeds from issuance of common units
  
--
   
--
   
--
   
--
   
816.8
   
--
   
816.8
 
Cash contributions from owners
  
816.2
   
2,781.2
   
(2,781.2
)
  
816.2
   
--
   
(816.2
)
  
--
 
Other financing activities
  
(169.3
)
  
--
   
--
   
(169.3
)
  
(24.7
)
  
--
   
(194.0
)
Cash provided by (used in) financing activities
  
133.8
   
(1,150.4
)
  
1,134.2
   
117.6
   
(1,386.5
)
  
1,393.1
   
124.2
 
Net change in cash and cash equivalents
  
(9.7
)
  
6.7
   
(0.9
)
  
(3.9
)
  
0.2
   
--
   
(3.7
)
Cash and cash equivalents, January 1
  
9.7
   
21.3
   
(11.2
)
  
19.8
   
--
   
--
   
19.8
 
Cash and cash equivalents, December 31
 
$
--
  
$
28.0
  
$
(12.1
)
 
$
15.9
  
$
0.2
  
$
--
  
$
16.1