Enterprise Products Partners L.P. (EPD) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1100 LOUISIANA 10TH FLOOR HOUSTON, TX 77002 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4922 - Natural Gas Transmission (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 171 | 183 | 76 | 76 | 167 | 231 | |||
| Cash and cash equivalents | 171 | 183 | 76 | 76 | 167 | 231 | |||
| Restricted cash and investments | 143 | 94 | 200 | 130 | 88 | 166 | |||
| Receivables | (49) | (50) | 6,630 | 6,975 | 6,733 | 8,450 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,345 | 2,497 | 2,195 | 2,554 | 3,173 | 3,234 | |||
| Inventory | 3,345 | 2,497 | 2,195 | 2,554 | 3,173 | 3,234 | |||
| Derivative instruments and hedges, assets | 409 | 333 | 195 | 469 | 486 | 332 | |||
| Other undisclosed current assets | 7,413 | 6,647 | 391 | 394 | 435 | 548 | |||
| Total current assets: | 11,432 | 9,704 | 9,687 | 10,598 | 11,082 | 12,961 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 45,340 | 45,054 | 44,597 | 44,401 | 44,167 | 44,129 | |||
| Long-term investments and receivables | 2,337 | 2,332 | 2,338 | 2,352 | 2,356 | 2,374 | |||
| Long-term investments | 2,337 | 2,332 | 2,338 | 2,352 | 2,356 | 2,374 | |||
| Intangible assets, net (including goodwill) | 9,429 | 9,479 | 9,527 | 9,573 | 9,618 | 9,664 | |||
| Goodwill | 5,608 | 5,608 | 5,608 | 5,608 | 5,608 | 5,608 | |||
| Intangible assets, net (excluding goodwill) | 3,821 | 3,871 | 3,919 | 3,965 | 4,010 | 4,056 | |||
| Other noncurrent assets | 1,266 | 1,160 | 1,176 | 1,184 | 1,214 | 1,222 | |||
| Total noncurrent assets: | 58,372 | 58,025 | 57,638 | 57,510 | 57,355 | 57,389 | |||
| TOTAL ASSETS: | 69,804 | 67,729 | 67,325 | 68,108 | 68,437 | 70,350 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 237 | 458 | 989 | 1,169 | 1,192 | 1,673 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 219 | 435 | ||
| Accounts payable | 750 | 743 | 754 | 803 | |||||
| Accrued liabilities | 237 | 458 | 239 | 426 | 219 | 435 | |||
| Debt | 1,470 | 1,204 | 1,149 | 1,744 | 2,654 | 1,889 | |||
| Derivative instruments and hedges, liabilities | 427 | 330 | 274 | 354 | 383 | 345 | |||
| Accrued environmental loss contingencies | 2 | ||||||||
| Asset retirement obligation | 7 | 16 | 20 | 20 | 13 | 16 | |||
| Other liabilities | 771 | 632 | 524 | 778 | 757 | 559 | |||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | 232 | 155 | 132 | ||
| Other undisclosed current liabilities | 9,563 | 8,069 | 7,454 | 7,966 | 7,743 | 10,364 | |||
| Total current liabilities: | 12,475 | 10,709 | 10,410 | 12,265 | 12,897 | 14,978 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,446 | 27,443 | 27,439 | 26,551 | 26,892 | 27,237 | |||
| Long-term debt, excluding current maturities | 27,446 | 27,443 | 27,439 | 26,551 | 26,548 | 26,892 | |||
| Liabilities, other than long-term debt | 2,166 | 2,055 | 2,124 | 1,541 | 1,709 | 1,657 | |||
| Asset retirement obligations | 216 | 214 | 218 | 206 | 203 | ||||
| Deferred income tax liabilities | 605 | 591 | 603 | 600 | 565 | 556 | |||
| Other liabilities | 1,007 | 915 | 965 | 941 | 938 | 898 | |||
| Operating lease, liability | 338 | 335 | 338 | 344 | 345 | ||||
| Total noncurrent liabilities: | 29,612 | 29,498 | 29,563 | 28,092 | 28,601 | 28,894 | |||
| Total liabilities: | 42,087 | 40,207 | 39,973 | 40,357 | 41,498 | 43,872 | |||
| Temporary equity, carrying amount | 49 | 49 | 49 | 49 | 49 | 49 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,094) | (1,029) | (1,056) | (932) | (924) | (1,120) | |||
| Treasury stock, value | (1,297) | (1,297) | (1,297) | (1,297) | (1,297) | (1,297) | |||
| Accumulated other comprehensive income | 203 | 268 | 241 | 365 | 373 | 177 | |||
| Total equity: | (1,094) | (1,029) | (1,056) | (932) | (924) | (1,120) | |||
| Other undisclosed liabilities and equity | 28,762 | 28,502 | 28,359 | 28,634 | 27,814 | 27,549 | |||
| TOTAL LIABILITIES AND EQUITY: | 69,804 | 67,729 | 67,325 | 68,108 | 68,437 | 70,350 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,998 | 10,651 | 12,444 | 13,650 | 15,468 | 16,060 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (8,786) | (7,679) | (9,331) | (10,511) | (12,319) | (12,908) | ||
| Gross profit: | 3,212 | 2,972 | 3,113 | 3,139 | 3,149 | 3,152 | ||
| Operating expenses | (10,425) | (9,193) | (10,814) | (12,014) | (13,867) | (14,403) | ||
| Other undisclosed operating income | 8,908 | 7,800 | 9,435 | 10,640 | 12,430 | 13,015 | ||
| Operating income: | 1,695 | 1,579 | 1,734 | 1,765 | 1,712 | 1,764 | ||
| Nonoperating expense | (323) | (283) | (302) | (285) | (302) | (307) | ||
| Interest and debt expense | (328) | (302) | (314) | (307) | (309) | (309) | ||
| Income from continuing operations before equity method investments, income taxes: | 1,044 | 994 | 1,118 | 1,173 | 1,101 | 1,148 | ||
| Other undisclosed income from continuing operations before income taxes | 328 | 302 | 314 | 307 | 309 | 309 | ||
| Income from continuing operations before income taxes: | 1,372 | 1,296 | 1,432 | 1,480 | 1,410 | 1,457 | ||
| Income tax expense (benefit) | (22) | (13) | (10) | (28) | (18) | (17) | ||
| Income from continuing operations: | 1,350 | 1,283 | 1,422 | 1,452 | 1,392 | 1,440 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 1,392 | 1,440 | |
| Net income: | 1,350 | 1,283 | 1,422 | 1,452 | 1,392 | 1,440 | ||
| Net loss attributable to noncontrolling interest | (32) | (30) | (32) | (32) | (32) | (29) | ||
| Net income attributable to parent: | 1,318 | 1,253 | 1,390 | 1,420 | 1,360 | 1,411 | ||
| Other undisclosed net loss available to common stockholders, basic | (12) | (11) | (13) | (12) | (11) | (12) | ||
| Net income available to common stockholders, basic: | 1,306 | 1,242 | 1,377 | 1,408 | 1,349 | 1,399 | ||
| Convertible preferred dividends | 1 | 1 | 1 | 1 | 1 | |||
| Net income available to common stockholders, diluted: | 1,307 | 1,243 | 1,378 | 1,408 | 1,350 | 1,400 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,350 | 1,283 | 1,422 | 1,452 | 1,392 | 1,440 | ||
| Other comprehensive income (loss) | (65) | 27 | (124) | (8) | 196 | (63) | ||
| Comprehensive income: | 1,285 | 1,310 | 1,298 | 1,444 | 1,588 | 1,377 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (31) | (29) | (31) | (32) | (31) | (28) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1) | (1) | (1) | (1) | (1) | |||
| Comprehensive income, net of tax, attributable to parent: | 1,253 | 1,280 | 1,266 | 1,412 | 1,556 | 1,348 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.