EQM Midstream Partners, LP (EQM) financial statements (2020 and earlier)

Company profile

Business Address 2200 ENERGY DRIVE
CANONSBURG, PA 15317
State of Incorp. DE
Fiscal Year End December 31
SIC 4922 - Natural Gas Transmission (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
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 investments161836035112618
Cash and cash equivalents161836035112618
Receivables2542543325171615
Other undisclosed current assets251511287803813
Total current assets:29528714717244818147
Noncurrent Assets
Property, plant and equipment7,7155,8072,8042,5791,9701,223849
Long-term investments and receivables2,3241,510461185201  
Long-term investments2,3241,510461185201  
Intangible assets, net (including goodwill)1,2841,700    
Goodwill4871,124     
Intangible assets, net (excluding goodwill)797576     
Regulated entity, other noncurrent assets      16
Other noncurrent assets1971521372115181
Other undisclosed noncurrent assets   119   
Total noncurrent assets:11,5209,1693,4022,9042,1861,241866
TOTAL ASSETS:11,8159,4563,5493,0762,6341,422913
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2323097556575418
Accounts payable127208473636377
Accrued liabilities322117912911
Interest and dividends payable7380111298 
Debt    299 1
Due to related parties394532193333110
Other undisclosed current liabilities4516910611   
Total current liabilities:3165222128738987129
Noncurrent Liabilities
Long-term debt and lease obligation5,7624,0821,167986669636134
Long-term debt, excluding current maturities5,7624,0821,167986493493 
Capital lease obligations   176144134
Liabilities, other than long-term debt78392010876
Other liabilities78392010876
Total noncurrent liabilities:5,8404,1201,188995677644140
Total liabilities:6,1564,6431,4001,0821,066731269
Stockholders' equity
Other undisclosed stockholders' equity5,6594,8132,1491,9941,568691644
Total stockholders' equity:5,6594,8132,1491,9941,568691644
TOTAL LIABILITIES AND EQUITY:11,8159,4563,5493,0762,6341,422913

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,6301,495834736614638186
Revenue, net834736614638186
Cost of revenue(389)(327)(182)(136)(120)(82)(50)
Gross profit:1,2421,168652600494556136
Operating expenses(1,038)(442)(71)(73)(56)(37)(21)
Other undisclosed operating loss     (245) 
Operating income:204727581527438274114
Nonoperating income168 2738652
Investment income, nonoperating163      
Public utilities, allowance for funds used during construction, capitalized cost of equity     21
Other nonoperating income5 2738621
Interest and debt expense    (23)  
Income from continuing operations before equity method investments, income taxes:372727608565420278117
Income from equity method investments16362  2  
Other undisclosed loss from continuing operations before income taxes (117)(36)(17)(22)(33)(3)
Income from continuing operations before income taxes:535671572548400245114
Income tax expense   (10)(7)(12)(4)
Income before gain (loss) on sale of properties:535671572538393233110
Other undisclosed net loss(373)      
Net income:162671572538393233110
Net income (loss) attributable to noncontrolling interest21(3)     
Net income available to common stockholders, diluted:183668572538393233110

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:162671572538393233110
Comprehensive income:162671572538393233110
Comprehensive income (loss), net of tax, attributable to noncontrolling interest21(3)     
Comprehensive income, net of tax, attributable to parent:183668572538393233110

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.

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