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