Nustar Energy L.P. (NS) financial statements (2021 and earlier)

Company profile

Business Address 19003 IH-10 WEST
SAN ANTONIO, TX 78257
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)

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 investments1614243611988101
Cash and cash equivalents1614243611988101
Receivables153148177171145208332
Inventory, net of allowances, customer advances and progress billings122327383956138
Inventory122327383956138
Prepaid expense2217   1616
Derivative instruments and hedges, assets     165
Advances on inventory purchases     23
Disposal group, including discontinued operation     1 
Assets held-for-sale22
Income taxes receivable1
Other current assets  23133313639
Other undisclosed current assets     (35)(25)
Total current assets:203202250377334389634
Noncurrent Assets
Property, plant and equipment4,1194,2894,3013,7223,6843,4613,311
Long-term investments and receivables     7469
Long-term investments     7469
Intangible assets, net (including goodwill)1,6871,7701,882824809676689
Goodwill1,0061,0371,097697697617617
Intangible assets, net (excluding goodwill)6827337841271125971
Other noncurrent assets17688102105320314159
Deferred tax assets, net    (23)(22)
Other undisclosed noncurrent assets  02327193
Total noncurrent assets:5,9836,1476,2854,6534,8154,5304,399
TOTAL ASSETS:6,1866,3496,5355,0315,1494,9195,032
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities269305267235233291358
Accounts payable110143146119125162299
Accrued liabilities1041026260556139
Employee-related liabilities     3217
Taxes payable172419221934
Interest and dividends payable383640343433 
Debt46219385548477 
Derivative instruments and hedges, liabilities     52
Accrued environmental loss contingencies     43
Due to related parties    15158
Deferred revenue and credits   118
Other liabilities     1310
Other undisclosed current liabilities     (50)2
Total current liabilities:732323652289332365393
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,9353,1123,2633,0143,0792,7492,656
Long-term debt, excluding current maturities 3,1123,2633,0143,0792,7492,656
Other undisclosed long-term debt and lease obligation2,935      
Liabilities, other than long-term debt161921411151289183
Deferred tax liabilities, net122222252727
Deferred income tax liabilities12
Accrued environmental loss contingencies     33
Due to related parties    323441
Other liabilities1498011893712712
Other undisclosed noncurrent liabilities     (3)(3)
Total noncurrent liabilities:3,0963,2043,4043,1303,2072,8372,736
Total liabilities:3,8283,5274,0553,4193,5393,2033,128
Temporary equity, carrying amount582564     
Stockholders' equity
Stockholders' equity attributable to parent(68)(55)(85)(94)(89)(68)(63)
Accumulated other comprehensive loss(68)(55)(85)(94)(89)(68)(63)
Stockholders' equity attributable to noncontrolling interest      2
Other undisclosed stockholders' equity1,8442,3132,5651,7061,6991,7841,966
Total stockholders' equity:1,7762,2582,4801,6121,6101,7161,904
TOTAL LIABILITIES AND EQUITY:6,1866,3496,5355,0315,1494,9195,032

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
Revenues1,4981,9621,8141,7572,084283534
Revenue, net1,8141,7572,0843,0753,464
Cost of revenue(588)(1,382)(1,308)(1,226)(1,576)(2,160)(2,945)
Cost of goods and services sold     (1,968)(2,454)
Gross profit:910579506531508(1,877)(2,410)
Operating expenses(519)(216)(170)(172)(117)(568)(538)
Other undisclosed operating income     2,7922,930
Operating income (loss):391364336359391347(19)
Nonoperating income (expense)440(5)(59)62815
Foreign currency transaction gain, before tax     28
Other nonoperating income (expense)440(5)(59)6247
Interest and debt expense(2)      
Income (loss) from continuing operations before equity method investments, income taxes:392403331300453355(4)
Income (loss) from equity method investments     5(40)
Other undisclosed loss from continuing operations before income taxes(181) (173)(138)(132)(134)(129)
Income (loss) from continuing operations before income taxes:212403158162321225(173)
Income tax expense(5)(11)(10)(12)(15)(11)(13)
Income (loss) from continuing operations:207392148150306214(186)
Income (loss) from discontinued operations(313)   1  
Income (loss) before gain (loss) on sale of properties:(106)392148150307214(186)
Other undisclosed net loss     (4)(99)
Net income (loss):(106)392148150307210(285)
Net income attributable to noncontrolling interest     011
Other undisclosed net loss attributable to parent (186)     
Net income (loss) available to common stockholders, diluted:(106)206148150307211(274)

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):(106)392148150307210(285)
Other comprehensive income (loss)0(0)0(5)(21)(5)(5)
Comprehensive income (loss):(106)392148145286205(289)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest     1(11)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(13)(156)9   22
Comprehensive income (loss), net of tax, attributable to parent:(119)236157145286206(278)

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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