ENERGY TRANSFER OPERATING, L.P. (ETP) financial statements (2021 and earlier)

Company profile

Business Address 8111 WESTCHESTER DRIVE
DALLAS, TX 75225
State of Incorp.
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)

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 investments2534183064137  
Cash and cash equivalents2534183064137  
Receivables4,7554,2584,3991,5991,185  
Inventory, net of allowances, customer advances and progress billings1,8471,6771,589934607 
Inventory1,8471,6771,589934607  
Derivative instruments and hedges, assets2311124    
Other current assets2823562103119  
Other undisclosed current assets   301   
Total current assets:7,1606,8206,5282,9061,848  
Noncurrent Assets
Property, plant and equipment69,97166,65558,43712,32410,692  
Long-term investments and receivables8,9443,0763,816952802  
Long-term investments3,0182,6363,816952802  
Due from related parties5,926440     
Intangible assets, net (including goodwill)10,59710,8858,4262,5862,076 
Goodwill4,9024,8853,1151,6091,358  
Intangible assets, net (excluding goodwill)5,6956,0005,311977718  
Other noncurrent assets9761,0067588171  
Other undisclosed noncurrent assets877      
Total noncurrent assets:91,36581,62271,43715,94313,641  
TOTAL ASSETS:98,52588,44277,96518,84915,489  
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,6253,4914,1262,0751,624  
Accounts payable3,6253,4914,1261,7501,251  
Accrued liabilities   287329  
Taxes payable   3844  
Debt662,655407    
Derivative instruments and hedges, liabilities147185109    
Due to related parties271192096339  
Other liabilities3,2162,8472,143    
Total current liabilities:7,0819,2976,9942,1381,663  
Noncurrent Liabilities
Long-term debt and lease obligation51,15037,85332,6877,3135,591  
Long-term debt, excluding current maturities50,33437,85332,6877,3135,591  
Operating lease, liability816
Liabilities, other than long-term debt, including:1,6564,1724,112133125145
Deferred tax liabilities, net2,8842,883    
Accrued environmental loss contingencies274  46145
Other liabilities1,1091,1841,084    
Derivative instruments and hedges, liabilities273104145    
Other undisclosed liabilities, other than long-term debt   129119  
Other undisclosed noncurrent liabilities2,839  257254  
Total noncurrent liabilities:55,64542,02536,7997,7035,970145
Total liabilities:62,72651,32243,7939,8417,633145
Temporary equity, carrying amount49249921315301  
Stockholders' equity
Stockholders' equity attributable to parent, including:(18)(42)38,6607,521  
Accumulated other comprehensive income (loss)(18)(42)3    
Other undisclosed stockholders' equity attributable to parent   8,6607,521  
Stockholders' equity attributable to noncontrolling interest8,0187,9035,8823334  
Other undisclosed stockholders' equity27,30728,76028,266    
Total stockholders' equity:35,30736,62134,1518,6937,555  
TOTAL LIABILITIES AND EQUITY:98,52588,44277,96518,84915,489145

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
Revenues54,03254,08729,0549,15110,486  
Revenue, net17,910436515  
Cost of revenue(43,480)(45,596)(24,487)(8,214)(9,792)  
Cost of goods and services sold(39,603)(41,658)(20,801)(7,828)(9,145)  
Gross profit:10,5528,4914,567937694  
Operating expenses(3,267)(3,089)(2,170)(122)(164)(67)(59)
Operating income (loss):7,2855,4022,397815530(67)(59)
Nonoperating income62116172    
Investment income, nonoperating(241)47(37)    
Other nonoperating income30369209    
Interest and debt expense(2,259)(1,818)(1,407)(270)(210)  
Income (loss) from continuing operations before equity method investments, income taxes:5,0883,7001,162545320(67)(59)
Income from equity method investments298344156   21
Other undisclosed income (loss) from continuing operations before income taxes  (313)19198  
Income (loss) from continuing operations before income taxes:5,3864,0441,005736418(67)(38)
Income tax expense (benefit)(200)(5)1,496(27)(21)  
Income (loss) from continuing operations:5,1864,0392,501709397(67)(38)
Loss from discontinued operations (265)     
Net income (loss):5,1863,7742,501709397(67)(38)
Net loss attributable to noncontrolling interest(1,051)(715)(420)(3)(3)  
Other undisclosed net loss attributable to parent(51)(34) (1)(1)  
Net income (loss) attributable to parent:4,0843,0252,081705393(67)(38)
Preferred stock dividends and other adjustments   (14)   
Net income (loss) available to common stockholders, basic:4,0843,0252,081691393(67)(38)
Other undisclosed net loss available to common stockholders, diluted  (1,113)    
Net income (loss) available to common stockholders, diluted:4,0843,025968691393(67)(38)

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 (loss):5,1863,7742,501709397(67)(38)
Other comprehensive income (loss)24(43)(5) (1)  
Comprehensive income (loss):5,2103,7312,496709396(67)(38)
Comprehensive loss, net of tax, attributable to noncontrolling interest(1,051)(715)(420)(3)(3)  
Other undisclosed comprehensive loss, net of tax, attributable to parent(51)(34) (1)(1)  
Comprehensive income (loss), net of tax, attributable to parent:4,1082,9822,076705392(67)(38)

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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