Enterprise Products Partners L.P.

SEC Filings

10-K
ENTERPRISE PRODUCTS PARTNERS L P filed this Form 10-K on 02/28/2018
Entire Document
 

ENTERPRISE PRODUCTS PARTNERS L.P.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

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, net of contributions in aid of construction costs
   
(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, cash equivalents and restricted cash
   
(301.0
)
   
(27.4
)
   
(18.9
)
   
(347.3
)
   
--
     
--
     
(347.3
)
Cash, cash equivalents and restricted cash, January 1
   
366.2
     
58.9
     
(7.5
)
   
417.6
     
--
     
--
     
417.6
 
Cash, cash equivalents and restricted cash, December 31
 
$
65.2
   
$
31.5
   
$
(26.4
)
 
$
70.3
   
$
--
   
$
--
   
$
70.3
 

F-79