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Condensed Consolidating Financial Information
12 Months Ended
Dec. 31, 2018
Condensed Consolidating Financial Information [Abstract]  
Condensed Consolidating Financial Information

Note 21.  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.  As the parent company of EPO, Enterprise Products Partners L.P. guarantees substantially all of the debt obligations of EPO.  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.  See Note 7 for additional information regarding our consolidated debt obligations.

There are no significant restrictions on the ability of EPO to receive funds from Enterprise Products Partners L.P.


Enterprise Products Partners L.P.
Condensed Consolidating Balance Sheet
December 31, 2018

 
 
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
 
$
393.4
  
$
50.3
  
$
(33.6
)
 
$
410.1
  
$
--
  
$
--
  
$
410.1
 
Accounts receivable – trade, net
  
1,303.1
   
2,356.8
   
(0.8
)
  
3,659.1
   
--
   
--
   
3,659.1
 
Accounts receivable – related parties
  
141.8
   
1,423.7
   
(1,530.1
)
  
35.4
   
0.8
   
(32.7
)
  
3.5
 
Inventories
  
889.3
   
633.2
   
(0.4
)
  
1,522.1
   
--
   
--
   
1,522.1
 
Derivative assets
  
105.0
   
49.1
   
0.3
   
154.4
   
--
   
--
   
154.4
 
Prepaid and other current assets
  
166.0
   
155.1
   
(10.2
)
  
310.9
   
--
   
0.6
   
311.5
 
Total current assets
  
2,998.6
   
4,668.2
   
(1,574.8
)
  
6,092.0
   
0.8
   
(32.1
)
  
6,060.7
 
Property, plant and equipment, net
  
6,112.7
   
32,628.7
   
(3.8
)
  
38,737.6
   
--
   
--
   
38,737.6
 
Investments in unconsolidated affiliates
  
43,962.6
   
4,170.6
   
(45,518.1
)
  
2,615.1
   
24,273.6
   
(24,273.6
)
  
2,615.1
 
Intangible assets, net
  
659.2
   
2,963.0
   
(13.8
)
  
3,608.4
   
--
   
--
   
3,608.4
 
Goodwill
  
459.5
   
5,285.7
   
--
   
5,745.2
   
--
   
--
   
5,745.2
 
Other assets
  
292.1
   
131.9
   
(222.1
)
  
201.9
   
0.9
   
--
   
202.8
 
Total assets
 
$
54,484.7
  
$
49,848.1
  
$
(47,332.6
)
 
$
57,000.2
  
$
24,275.3
  
$
(24,305.7
)
 
$
56,969.8
 
 
                            
LIABILITIES AND EQUITY
                            
Current liabilities:
                            
Current maturities of debt
 
$
1,500.0
  
$
0.1
  
$
--
  
$
1,500.1
  
$
--
  
$
--
  
$
1,500.1
 
Accounts payable – trade
  
404.0
   
734.3
   
(35.5
)
  
1,102.8
   
--
   
--
   
1,102.8
 
Accounts payable – related parties
  
1,557.3
   
127.5
   
(1,543.9
)
  
140.9
   
31.9
   
(32.6
)
  
140.2
 
Accrued product payables
  
1,574.7
   
1,902.3
   
(1.2
)
  
3,475.8
   
--
   
--
   
3,475.8
 
Accrued interest
  
395.5
   
0.9
   
(0.8
)
  
395.6
   
--
   
--
   
395.6
 
Derivative liabilities
  
86.2
   
61.7
   
0.3
   
148.2
   
--
   
--
   
148.2
 
Other current liabilities
  
87.9
   
326.3
   
(9.4
)
  
404.8
   
--
   
--
   
404.8
 
Total current liabilities
  
5,605.6
   
3,153.1
   
(1,590.5
)
  
7,168.2
   
31.9
   
(32.6
)
  
7,167.5
 
Long-term debt
  
24,663.4
   
14.7
   
--
   
24,678.1
   
--
   
--
   
24,678.1
 
Deferred tax liabilities
  
17.0
   
62.0
   
(0.9
)
  
78.1
   
--
   
2.3
   
80.4
 
Other long-term liabilities
  
65.2
   
518.4
   
(221.9
)
  
361.7
   
389.9
   
--
   
751.6
 
Commitments and contingencies
                            
Equity:
                            
Partners’ and other owners’ equity
  
24,133.5
   
46,031.8
   
(45,917.9
)
  
24,247.4
   
23,853.5
   
(24,247.4
)
  
23,853.5
 
Noncontrolling interests
  
--
   
68.1
   
398.6
   
466.7
   
--
   
(28.0
)
  
438.7
 
Total equity
  
24,133.5
   
46,099.9
   
(45,519.3
)
  
24,714.1
   
23,853.5
   
(24,275.4
)
  
24,292.2
 
Total liabilities and equity
 
$
54,484.7
  
$
49,848.1
  
$
(47,332.6
)
 
$
57,000.2
  
$
24,275.3
  
$
(24,305.7
)
 
$
56,969.8
 


Enterprise Products Partners L.P.
Condensed Consolidating Balance Sheet
December 31, 2017

 
 
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
 
$
65.2
  
$
31.5
  
$
(26.4
)
 
$
70.3
  
$
--
  
$
--
  
$
70.3
 
Accounts receivable – trade, net
  
1,382.3
   
2,976.6
   
(0.5
)
  
4,358.4
   
--
   
--
   
4,358.4
 
Accounts receivable – related parties
  
110.3
   
1,182.1
   
(1,289.3
)
  
3.1
   
--
   
(1.3
)
  
1.8
 
Inventories
  
1,038.9
   
572.3
   
(1.4
)
  
1,609.8
   
--
   
--
   
1,609.8
 
Derivative assets
  
110.0
   
43.4
   
--
   
153.4
   
--
   
--
   
153.4
 
Prepaid and other current assets
  
136.3
   
189.0
   
(12.6
)
  
312.7
   
--
   
--
   
312.7
 
Total current assets
  
2,843.0
   
4,994.9
   
(1,330.2
)
  
6,507.7
   
--
   
(1.3
)
  
6,506.4
 
Property, plant and equipment, net
  
5,622.6
   
29,996.3
   
1.5
   
35,620.4
   
--
   
--
   
35,620.4
 
Investments in unconsolidated affiliates
  
41,616.6
   
4,298.0
   
(43,255.2
)
  
2,659.4
   
22,881.5
   
(22,881.5
)
  
2,659.4
 
Intangible assets, net
  
675.5
   
3,028.6
   
(13.8
)
  
3,690.3
   
--
   
--
   
3,690.3
 
Goodwill
  
459.5
   
5,285.7
   
--
   
5,745.2
   
--
   
--
   
5,745.2
 
Other assets
  
296.4
   
110.0
   
(211.0
)
  
195.4
   
1.0
   
--
   
196.4
 
Total assets
 
$
51,513.6
  
$
47,713.5
  
$
(44,808.7
)
 
$
54,418.4
  
$
22,882.5
  
$
(22,882.8
)
 
$
54,418.1
 
 
                            
LIABILITIES AND EQUITY
                            
Current liabilities:
                            
Current maturities of debt
 
$
2,854.6
  
$
0.4
  
$
--
  
$
2,855.0
  
$
--
  
$
--
  
$
2,855.0
 
Accounts payable – trade
  
290.2
   
537.8
   
(26.4
)
  
801.6
   
0.1
   
--
   
801.7
 
Accounts payable – related parties
  
1,320.3
   
112.0
   
(1,305.0
)
  
127.3
   
1.3
   
(1.3
)
  
127.3
 
Accrued product payables
  
1,825.9
   
2,741.7
   
(1.3
)
  
4,566.3
   
--
   
--
   
4,566.3
 
Accrued interest
  
358.0
   
--
   
--
   
358.0
   
--
   
--
   
358.0
 
Derivative liabilities
  
115.2
   
53.0
   
--
   
168.2
   
--
   
--
   
168.2
 
Other current liabilities
  
108.9
   
320.1
   
(10.8
)
  
418.2
   
--
   
0.4
   
418.6
 
Total current liabilities
  
6,873.1
   
3,765.0
   
(1,343.5
)
  
9,294.6
   
1.4
   
(0.9
)
  
9,295.1
 
Long-term debt
  
21,699.0
   
14.7
   
--
   
21,713.7
   
--
   
--
   
21,713.7
 
Deferred tax liabilities
  
6.7
   
50.2
   
(0.5
)
  
56.4
   
--
   
2.1
   
58.5
 
Other long-term liabilities
  
60.4
   
396.5
   
(212.4
)
  
244.5
   
333.9
   
--
   
578.4
 
Commitments and contingencies
                            
Equity:
                            
Partners’ and other owners’ equity
  
22,874.4
   
43,412.0
   
(43,433.3
)
  
22,853.1
   
22,547.2
   
(22,853.1
)
  
22,547.2
 
Noncontrolling interests
  
--
   
75.1
   
181.0
   
256.1
   
--
   
(30.9
)
  
225.2
 
Total equity
  
22,874.4
   
43,487.1
   
(43,252.3
)
  
23,109.2
   
22,547.2
   
(22,884.0
)
  
22,772.4
 
Total liabilities and equity
 
$
51,513.6
  
$
47,713.5
  
$
(44,808.7
)
 
$
54,418.4
  
$
22,882.5
  
$
(22,882.8
)
 
$
54,418.1
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2018

 
 
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
 
$
42,946.4
  
$
23,756.4
  
$
(30,168.6
)
 
$
36,534.2
  
$
--
  
$
--
  
$
36,534.2
 
Costs and expenses:
                            
Operating costs and expenses
  
41,718.2
   
19,845.2
   
(30,166.1
)
  
31,397.3
   
--
   
--
   
31,397.3
 
General and administrative costs
  
31.8
   
172.0
   
2.1
   
205.9
   
2.3
   
0.1
   
208.3
 
Total costs and expenses
  
41,750.0
   
20,017.2
   
(30,164.0
)
  
31,603.2
   
2.3
   
0.1
   
31,605.6
 
Equity in income of unconsolidated affiliates
  
4,148.3
   
587.2
   
(4,255.5
)
  
480.0
   
4,230.8
   
(4,230.8
)
  
480.0
 
Operating income
  
5,344.7
   
4,326.4
   
(4,260.1
)
  
5,411.0
   
4,228.5
   
(4,230.9
)
  
5,408.6
 
Other income (expense):
                            
Interest expense
  
(1,097.1
)
  
(10.5
)
  
10.9
   
(1,096.7
)
  
--
   
--
   
(1,096.7
)
Other, net
  
12.1
   
41.8
   
(10.9
)
  
43.0
   
(56.1
)
  
--
   
(13.1
)
Total other expense, net
  
(1,085.0
)
  
31.3
   
--
   
(1,053.7
)
  
(56.1
)
  
--
   
(1,109.8
)
Income before income taxes
  
4,259.7
   
4,357.7
   
(4,260.1
)
  
4,357.3
   
4,172.4
   
(4,230.9
)
  
4,298.8
 
Provision for income taxes
  
(29.2
)
  
(29.6
)
  
--
   
(58.8
)
  
--
   
(1.5
)
  
(60.3
)
Net income
  
4,230.5
   
4,328.1
   
(4,260.1
)
  
4,298.5
   
4,172.4
   
(4,232.4
)
  
4,238.5
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(7.6
)
  
(63.8
)
  
(71.4
)
  
--
   
5.3
   
(66.1
)
Net income attributable to entity
 
$
4,230.5
  
$
4,320.5
  
$
(4,323.9
)
 
$
4,227.1
  
$
4,172.4
  
$
(4,227.1
)
 
$
4,172.4
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2017

 
 
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
 
$
40,696.8
  
$
18,451.2
  
$
(29,906.5
)
 
$
29,241.5
  
$
--
  
$
--
  
$
29,241.5
 
Costs and expenses:
                            
Operating costs and expenses
  
39,809.6
   
15,654.9
   
(29,907.0
)
  
25,557.5
   
--
   
--
   
25,557.5
 
General and administrative costs
  
31.4
   
148.0
   
(0.1
)
  
179.3
   
1.8
   
--
   
181.1
 
Total costs and expenses
  
39,841.0
   
15,802.9
   
(29,907.1
)
  
25,736.8
   
1.8
   
--
   
25,738.6
 
Equity in income of unconsolidated affiliates
  
2,990.1
   
566.8
   
(3,130.9
)
  
426.0
   
2,865.4
   
(2,865.4
)
  
426.0
 
Operating income
  
3,845.9
   
3,215.1
   
(3,130.3
)
  
3,930.7
   
2,863.6
   
(2,865.4
)
  
3,928.9
 
Other income (expense):
                            
Interest expense
  
(982.5
)
  
(11.8
)
  
9.7
   
(984.6
)
  
--
   
--
   
(984.6
)
Other, net
  
9.2
   
1.8
   
(9.7
)
  
1.3
   
(64.3
)
  
--
   
(63.0
)
Total other expense, net
  
(973.3
)
  
(10.0
)
  
--
   
(983.3
)
  
(64.3
)
  
--
   
(1,047.6
)
Income before income taxes
  
2,872.6
   
3,205.1
   
(3,130.3
)
  
2,947.4
   
2,799.3
   
(2,865.4
)
  
2,881.3
 
Provision for income taxes
  
(12.0
)
  
(13.7
)
  
--
   
(25.7
)
  
--
   
--
   
(25.7
)
Net income
  
2,860.6
   
3,191.4
   
(3,130.3
)
  
2,921.7
   
2,799.3
   
(2,865.4
)
  
2,855.6
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(6.5
)
  
(55.1
)
  
(61.6
)
  
--
   
5.3
   
(56.3
)
Net income attributable to entity
 
$
2,860.6
  
$
3,184.9
  
$
(3,185.4
)
 
$
2,860.1
  
$
2,799.3
  
$
(2,860.1
)
 
$
2,799.3
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2016

 
 
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
 
$
28,958.7
  
$
15,296.8
  
$
(21,233.2
)
 
$
23,022.3
  
$
--
  
$
--
  
$
23,022.3
 
Costs and expenses:
                            
Operating costs and expenses
  
28,108.2
   
12,768.9
   
(21,233.6
)
  
19,643.5
   
--
   
--
   
19,643.5
 
General and administrative costs
  
22.5
   
135.3
   
--
   
157.8
   
2.3
   
--
   
160.1
 
Total costs and expenses
  
28,130.7
   
12,904.2
   
(21,233.6
)
  
19,801.3
   
2.3
   
--
   
19,803.6
 
Equity in income of unconsolidated affiliates
  
2,686.1
   
521.7
   
(2,845.8
)
  
362.0
   
2,539.9
   
(2,539.9
)
  
362.0
 
Operating income
  
3,514.1
   
2,914.3
   
(2,845.4
)
  
3,583.0
   
2,537.6
   
(2,539.9
)
  
3,580.7
 
Other income (expense):
                            
Interest expense
  
(973.1
)
  
(17.3
)
  
7.8
   
(982.6
)
  
--
   
--
   
(982.6
)
Other, net
  
8.3
   
2.3
   
(7.8
)
  
2.8
   
(24.5
)
  
--
   
(21.7
)
Total other expense, net
  
(964.8
)
  
(15.0
)
  
--
   
(979.8
)
  
(24.5
)
  
--
   
(1,004.3
)
Income before income taxes
  
2,549.3
   
2,899.3
   
(2,845.4
)
  
2,603.2
   
2,513.1
   
(2,539.9
)
  
2,576.4
 
Provision for income taxes
  
(13.1
)
  
(8.2
)
  
--
   
(21.3
)
  
--
   
(2.1
)
  
(23.4
)
Net income
  
2,536.2
   
2,891.1
   
(2,845.4
)
  
2,581.9
   
2,513.1
   
(2,542.0
)
  
2,553.0
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(7.4
)
  
(37.8
)
  
(45.2
)
  
--
   
5.3
   
(39.9
)
Net income attributable to entity
 
$
2,536.2
  
$
2,883.7
  
$
(2,883.2
)
 
$
2,536.7
  
$
2,513.1
  
$
(2,536.7
)
 
$
2,513.1
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 31, 2018

 
 
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
 
$
4,312.6
  
$
4,468.5
  
$
(4,260.1
)
 
$
4,521.0
  
$
4,395.0
  
$
(4,454.9
)
 
$
4,461.1
 
Comprehensive loss (income) attributable to noncontrolling interests
  
--
   
(7.6
)
  
(63.8
)
  
(71.4
)
  
--
   
5.3
   
(66.1
)
Comprehensive income attributable to entity
 
$
4,312.6
  
$
4,460.9
  
$
(4,323.9
)
 
$
4,449.6
  
$
4,395.0
  
$
(4,449.6
)
 
$
4,395.0
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 31, 2017

 
 
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
 
$
2,951.7
  
$
3,208.6
  
$
(3,130.2
)
 
$
3,030.1
  
$
2,907.6
  
$
(2,973.8
)
 
$
2,963.9
 
Comprehensive loss (income) attributable to noncontrolling interests
  
--
   
(6.5
)
  
(55.1
)
  
(61.6
)
  
 
--
   
 
5.3
   
(56.3
)
Comprehensive income attributable to entity
 
$
2,951.7
  
$
3,202.1
  
$
(3,185.3
)
 
$
2,968.5
  
$
2,907.6
  
$
(2,968.5
)
 
$
2,907.6
 
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 31, 2016

 
 
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
 
$
2,544.3
  
$
2,822.1
  
$
(2,845.3
)
 
$
2,521.1
  
$
2,452.2
  
$
(2,481.1
)
 
$
2,492.2
 
Comprehensive loss (income) attributable to noncontrolling interests
  
 
--
   
(7.4
)
  
(37.8
)
  
(45.2
)
  
 
--
   
 
5.3
   
(39.9
)
Comprehensive income attributable to entity
 
$
2,544.3
  
$
2,814.7
  
$
(2,883.1
)
 
$
2,475.9
  
$
2,452.2
  
$
(2,475.8
)
 
$
2,452.3
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2018

 
 
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
 
$
4,230.5
  
$
4,328.1
  
$
(4,260.1
)
 
$
4,298.5
  
$
4,172.4
  
$
(4,232.4
)
 
$
4,238.5
 
Reconciliation of net income to net cash flows provided by operating activities:
                            
Depreciation, amortization and accretion
  
279.9
   
1,512.1
   
(0.4
)
  
1,791.6
   
--
   
--
   
1,791.6
 
Equity in income of unconsolidated affiliates
  
(4,148.3
)
  
(587.2
)
  
4,255.5
   
(480.0
)
  
(4,230.8
)
  
4,230.8
   
(480.0
)
Distributions received on earnings from unconsolidated affiliates
  
1,248.9
   
263.0
   
(1,032.5
)
  
479.4
   
3,780.0
   
(3,780.0
)
  
479.4
 
Net effect of changes in operating accounts and other operating activities
  
3,221.5
   
(3,244.2
)
  
(2.3
)
  
(25.0
)
  
121.2
   
0.6
   
96.8
 
Net cash flows provided by operating activities
  
4,832.5
   
2,271.8
   
(1,039.8
)
  
6,064.5
   
3,842.8
   
(3,781.0
)
  
6,126.3
 
Investing activities:
                            
Capital expenditures
  
(692.0
)
  
(3,476.0
)
  
--
   
(4,168.0
)
  
(55.2
)
  
--
   
(4,223.2
)
Cash used for business combinations, net of cash received
  
--
   
(150.6
)
  
--
   
(150.6
)
  
--
   
--
   
(150.6
)
Proceeds from asset sales
  
129.3
   
31.9
   
--
   
161.2
   
--
   
--
   
161.2
 
Other investing activities
  
(2,288.2
)
  
196.2
   
2,023.0
   
(69.0
)
  
(523.3
)
  
523.3
   
(69.0
)
Cash used in investing activities
  
(2,850.9
)
  
(3,398.5
)
  
2,023.0
   
(4,226.4
)
  
(578.5
)
  
523.3
   
(4,281.6
)
Financing activities:
                            
Borrowings under debt agreements
  
79,588.7
   
11.5
   
(11.5
)
  
79,588.7
   
--
   
--
   
79,588.7
 
Repayments of debt
  
(77,956.7
)
  
(0.4
)
  
--
   
(77,957.1
)
  
--
   
--
   
(77,957.1
)
Cash distributions paid to partners
  
(3,780.0
)
  
(1,333.1
)
  
1,333.1
   
(3,780.0
)
  
(3,726.9
)
  
3,780.0
   
(3,726.9
)
Cash payments made in connection with DERs
  
--
   
--
   
--
   
--
   
(17.7
)
  
--
   
(17.7
)
Cash distributions paid to noncontrolling interests
  
--
   
(9.2
)
  
(73.4
)
  
(82.6
)
  
--
   
1.0
   
(81.6
)
Cash contributions from noncontrolling interests
  
--
   
--
   
238.1
   
238.1
   
--
   
--
   
238.1
 
Net cash proceeds from issuance of common units
  
--
   
--
   
--
   
--
   
538.4
   
--
   
538.4
 
Common units acquired in connection with buyback program
  
--
   
--
   
--
   
--
   
(30.8
)
  
--
   
(30.8
)
Cash contributions from owners
  
523.3
   
2,476.7
   
(2,476.7
)
  
523.3
   
--
   
(523.3
)
  
--
 
Other financing activities
  
(28.7
)
  
--
   
--
   
(28.7
)
  
(27.3
)
  
--
   
(56.0
)
Cash provided by (used in) financing activities
  
(1,653.4
)
  
1,145.5
   
(990.4
)
  
(1,498.3
)
  
(3,264.3
)
  
3,257.7
   
(1,504.9
)
Net change in cash and cash equivalents,
   including restricted cash
  
328.2
   
18.8
   
(7.2
)
  
339.8
   
--
   
--
   
339.8
 
Cash and cash equivalents, including
   restricted cash, January 1
  
65.2
   
31.5
   
(26.4
)
  
70.3
   
--
   
--
   
70.3
 
Cash and cash equivalents, including
   restricted cash, December 31
 
$
393.4
  
$
50.3
  
$
(33.6
)
 
$
410.1
  
$
--
  
$
--
  
$
410.1
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2017

 
 
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
 
$
2,860.6
  
$
3,191.4
  
$
(3,130.3
)
 
$
2,921.7
  
$
2,799.3
  
$
(2,865.4
)
 
$
2,855.6
 
Reconciliation of net income to net cash flows provided by operating activities:
                            
Depreciation, amortization and accretion
  
216.6
   
1,427.8
   
(0.4
)
  
1,644.0
   
--
   
--
   
1,644.0
 
Equity in income of unconsolidated affiliates
  
(2,990.1
)
  
(566.8
)
  
3,130.9
   
(426.0
)
  
(2,865.4
)
  
2,865.4
   
(426.0
)
Distributions received on earnings from unconsolidated affiliates
  
1,162.8
   
272.7
   
(1,001.8
)
  
433.7
   
3,574.6
   
(3,574.6
)
  
433.7
 
Net effect of changes in operating accounts and other operating activities
  
2,812.2
   
(2,726.3
)
  
(19.1
)
  
66.8
   
93.2
   
(1.0
)
  
159.0
 
Net cash flows provided by operating activities
  
4,062.1
   
1,598.8
   
(1,020.7
)
  
4,640.2
   
3,601.7
   
(3,575.6
)
  
4,666.3
 
Investing activities:
                            
Capital expenditures
  
(846.8
)
  
(2,255.0
)
  
--
   
(3,101.8
)
  
--
   
--
   
(3,101.8
)
Cash used for business combinations, net of cash received
  
(7.3
)
  
(191.4
)
  
--
   
(198.7
)
  
--
   
--
   
(198.7
)
Proceeds from asset sales
  
17.0
   
23.1
   
--
   
40.1
   
--
   
--
   
40.1
 
Other investing activities
  
(1,908.5
)
  
(28.0
)
  
1,910.8
   
(25.7
)
  
(1,060.5
)
  
1,060.5
   
(25.7
)
Cash used in investing activities
  
(2,745.6
)
  
(2,451.3
)
  
1,910.8
   
(3,286.1
)
  
(1,060.5
)
  
1,060.5
   
(3,286.1
)
Financing activities:
                            
Borrowings under debt agreements
  
69,349.3
   
--
   
(34.0
)
  
69,315.3
   
--
   
--
   
69,315.3
 
Repayments of debt
  
(68,459.5
)
  
(0.1
)
  
--
   
(68,459.6
)
  
--
   
--
   
(68,459.6
)
Cash distributions paid to partners
  
(3,574.6
)
  
(1,065.3
)
  
1,065.3
   
(3,574.6
)
  
(3,569.9
)
  
3,574.6
   
(3,569.9
)
Cash payments made in connection with DERs
  
--
   
--
   
--
   
--
   
(15.1
)
  
--
   
(15.1
)
Cash distributions paid to noncontrolling interests
  
--
   
(9.6
)
  
(40.6
)
  
(50.2
)
  
--
   
1.0
   
(49.2
)
Cash contributions from noncontrolling interests
  
--
   
0.1
   
0.3
   
0.4
   
--
   
--
   
0.4
 
Net cash proceeds from issuance of common units
  
--
   
--
   
--
   
--
   
1,073.4
   
--
   
1,073.4
 
Cash contributions from owners
  
1,060.5
   
1,900.0
   
(1,900.0
)
  
1,060.5
   
--
   
(1,060.5
)
  
--
 
Other financing activities
  
6.8
   
--
   
--
   
6.8
   
(29.6
)
  
--
   
(22.8
)
Cash provided by (used in) financing activities
  
(1,617.5
)
  
825.1
   
(909.0
)
  
(1,701.4
)
  
(2,541.2
)
  
2,515.1
   
(1,727.5
)
Net change in cash and cash equivalents,
   including restricted cash
  
(301.0
)
  
(27.4
)
  
(18.9
)
  
(347.3
)
  
--
   
--
   
(347.3
)
Cash and cash equivalents, including
   restricted cash, January 1
  
366.2
   
58.9
   
(7.5
)
  
417.6
   
--
   
--
   
417.6
 
Cash and cash equivalents, including
   restricted cash, December 31
 
$
65.2
  
$
31.5
  
$
(26.4
)
 
$
70.3
  
$
--
  
$
--
  
$
70.3
 


Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2016

 
 
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
 
$
2,536.2
  
$
2,891.1
  
$
(2,845.4
)
 
$
2,581.9
  
$
2,513.1
  
$
(2,542.0
)
 
$
2,553.0
 
Reconciliation of net income to net cash flows provided by operating activities:
                            
Depreciation, amortization and accretion
  
185.4
   
1,367.0
   
(0.4
)
  
1,552.0
   
--
   
--
   
1,552.0
 
Equity in income of unconsolidated affiliates
  
(2,686.1
)
  
(521.7
)
  
2,845.8
   
(362.0
)
  
(2,539.9
)
  
2,539.9
   
(362.0
)
Distributions received on earnings from unconsolidated affiliates
  
1,127.3
   
265.9
   
(1,012.7
)
  
380.5
   
3,331.2
   
(3,331.2
)
  
380.5
 
Net effect of changes in operating accounts and other operating activities
  
2,448.6
   
(2,568.5
)
  
43.1
   
(76.8
)
  
18.9
   
1.2
   
(56.7
)
Net cash flows provided by operating activities
  
3,611.4
   
1,433.8
   
(969.6
)
  
4,075.6
   
3,323.3
   
(3,332.1
)
  
4,066.8
 
Investing activities:
                            
Capital expenditures
  
(1,327.4
)
  
(1,656.7
)
  
--
   
(2,984.1
)
  
--
   
--
   
(2,984.1
)
Cash used for business combinations, net of cash received
  
--
   
(1,000.0
)
  
--
   
(1,000.0
)
  
--
   
--
   
(1,000.0
)
Proceeds from asset sales
  
28.8
   
17.7
   
--
   
46.5
   
--
   
--
   
46.5
 
Other investing activities
  
(2,301.9
)
  
(63.2
)
  
2,296.9
   
(68.2
)
  
(2,530.9
)
  
2,530.9
   
(68.2
)
Cash used in investing activities
  
(3,600.5
)
  
(2,702.2
)
  
2,296.9
   
(4,005.8
)
  
(2,530.9
)
  
2,530.9
   
(4,005.8
)
Financing activities:
                            
Borrowings under debt agreements
  
62,813.9
   
41.8
   
(41.8
)
  
62,813.9
   
--
   
--
   
62,813.9
 
Repayments of debt
  
(61,672.5
)
  
(0.1
)
  
--
   
(61,672.6
)
  
--
   
--
   
(61,672.6
)
Cash distributions paid to partners
  
(3,331.2
)
  
(1,089.6
)
  
1,089.6
   
(3,331.2
)
  
(3,300.5
)
  
3,331.2
   
(3,300.5
)
Cash payments made in connection with DERs
  
--
   
--
   
--
   
--
   
(11.7
)
  
--
   
(11.7
)
Cash distributions paid to noncontrolling interests
  
--
   
(8.5
)
  
(39.8
)
  
(48.3
)
  
--
   
0.9
   
(47.4
)
Cash contributions from noncontrolling interests
  
--
   
20.4
   
--
   
20.4
   
--
   
--
   
20.4
 
Net cash proceeds from issuance of common units
  
--
   
--
   
--
   
--
   
2,542.8
   
--
   
2,542.8
 
Cash contributions from owners
  
2,530.9
   
2,292.2
   
(2,292.2
)
  
2,530.9
   
--
   
(2,530.9
)
  
--
 
Other financing activities
  
(0.2
)
  
--
   
--
   
(0.2
)
  
(23.0
)
  
--
   
(23.2
)
Cash provided by (used in) financing activities
  
340.9
   
1,256.2
   
(1,284.2
)
  
312.9
   
(792.4
)
  
801.2
   
321.7
 
Net change in cash and cash equivalents,
   including restricted cash
  
351.8
   
(12.2
)
  
43.1
   
382.7
   
--
   
--
   
382.7
 
Cash and cash equivalents, including
   restricted cash, January 1
  
14.4
   
71.1
   
(50.6
)
  
34.9
   
--
   
--
   
34.9
 
Cash and cash equivalents, including
   restricted cash, December 31
 
$
366.2
  
$
58.9
  
$
(7.5
)
 
$
417.6
  
$
--
  
$
--
  
$
417.6