Buckeye Partners L.P. (BPL) financial statements (2020 and earlier)

Company profile

Business Address ONE GREENWAY PLAZA
HOUSTON, TX 77046
State of Incorp. DE
Fiscal Year End December 31
SIC 461 - Pipelines, Except Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 22640585
Cash and cash equivalents 22640585
Receivables 234296255231290351
Inventory, net of allowances, customer advances and progress billings 211301357193243312
Inventory 211301357193243312
Prepaid expense 121015181316
Derivative instruments and hedges, assets 1835278694
Assets held-for-sale182
Other undisclosed current assets 47125026931
Total current assets: 5246571,319552632901
Noncurrent Assets
Nontrade receivables     8
Property, plant and equipment 6,9156,7366,4836,2025,7364,925
Long-term investments and receivables 1,1121,49490848372
Long-term investments 1,1121,49490848372
Intangible assets, net (including goodwill) 7641,3661,4281,4901,5471,047
Goodwill 4711,0071,005999993822
Intangible assets, net (excluding goodwill) 293359423491554225
Derivative instruments and hedges     3 
Regulated entity, other noncurrent assets     2521
Other noncurrent assets 4151102418860
Assets held-for-sale, long lived157
Other undisclosed noncurrent assets     (36)(178)
Total noncurrent assets: 8,8329,6488,1027,8187,4546,104
TOTAL ASSETS: 9,35610,3059,4218,3698,0867,006
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 242258229174241170
Accounts payable 14816110783159150
Accrued liabilities   21   
Employee-related liabilities 677755
Taxes payable 303334282015
Interest and dividends payable 5857605658 
Debt 525252 111166226
Derivative instruments and hedges, liabilities 17261245
Estimated litigation liability   1240 
Accrued environmental loss contingencies 129891212
Asset retirement obligation  13118
Deferred revenue and credits3532333429
Customer advances and deposits  3614
Other liabilities 524123285651
Other undisclosed current liabilities 296817710855144
Total current liabilities: 1,128685400504622685
Noncurrent Liabilities
Long-term debt and lease obligation 4,0124,6584,2183,7333,3893,093
Long-term debt, excluding current maturities 4,0124,6584,2183,7333,3893,093
Liabilities, other than long-term debt 8593105115201227
Deferred revenue and credits   2435
Accrued environmental loss contingencies     4046
Other liabilities 8593105115135147
Derivative instruments and hedges, liabilities     3 
Other undisclosed noncurrent liabilities     (66)(80)
Total noncurrent liabilities: 4,0974,7514,3233,8483,5243,240
Total liabilities: 5,2245,4364,7234,3534,1453,925
Stockholders' equity
Stockholders' equity attributable to parent (40)29(26)(98)(115)(104)
Accumulated other comprehensive income (loss) (40)29(26)(98)(115)(104)
Other undisclosed stockholders' equity 4,1714,8404,7244,1154,0563,184
Total stockholders' equity: 4,1314,8684,6984,0173,9413,081
TOTAL LIABILITIES AND EQUITY: 9,35610,3059,4218,3698,0867,006

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 4,1083,6483,2483,4536,6205,054
Revenue, net3,6483,2483,4536,6205,054
Cost of revenue (3,415)(2,873)(2,429)(2,745)(5,958)(4,300)
Cost of goods and services sold (2,522)(1,969)(1,550)(1,966)(5,312)(3,944)
Gross profit: 693775819709662754
Operating expenses (276)(91)(86)(105)(167)(276)
Other operating income, net 1655   
Other nonrecurring (income) expense   (17)   
Other undisclosed operating loss (16)(5)(5)   
Operating income: 417684733604495478
Nonoperating expense (465)(189)(183)(165)(160)(125)
Interest and debt expense (190)(226)(195)(171)(171)(131)
Income (loss) from continuing operations before equity method investments, income taxes: (238)269355268164222
Income from equity method investments     115
Other undisclosed income from continuing operations before income taxes 190226195171160126
Income (loss) from continuing operations before income taxes: (48)495550439335353
Income tax expense (4)(1)(1)(1)(0)(1)
Income (loss) from continuing operations: (52)494549438334352
Loss from discontinued operations    (1)(60)(187)
Net income (loss): (52)494549438275164
Net loss attributable to noncontrolling interest (7)(15)(13)(0)  
Net income (loss) attributable to parent: (59)479536437275164
Other undisclosed net loss available to common stockholders, basic (4)(4)    
Net income (loss) available to common stockholders, diluted: (63)475536437275164

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss): (52)494549438275164
Other comprehensive income (loss) (69)547217(12)55
Comprehensive income (loss): (121)548621455263220
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (7)(15)(13)(0)(2)4
Other undisclosed comprehensive loss, net of tax, attributable to parent      (8)
Comprehensive income (loss), net of tax, attributable to parent: (128)533608455261216

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: