Buckeye partners, l.p. (BPL)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-51,915

493,665

548,675

437,534

274,857

164,425

230,551

114,664

201,008

141,637

180,623

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Interest rate swap settlement deferred in comprehensive income

50,982

-20,018

0

0

51,469

62,009

-

-

-

-

-

Depreciation and amortization

269,423

269,243

254,659

221,278

196,443

155,183

146,424

119,534

59,590

54,699

50,834

Amortization of debt issuance costs, discounts and terminated interest rate swaps

15,587

17,202

16,926

16,861

4,754

-

-

-

-

-

-

Amortization of losses on terminated interest rate swaps

-

-

-

-

9,753

-

-

-

-

-

-

Non-cash unit-based compensation expense

21,890

30,568

33,482

29,215

20,867

-

-

-

21,058

-

-

Legal reserves, net

-

-

-

-37,610

40,000

0

-

-

-

-

-

Litigation settlement

-

-

-

-

0

0

-

-

-

-

-

Gains on property damage recoveries

-

-

-

-

0

-

-

-

-

-

-

Hurricane-related damaged asset write-off

-

-

-

-

0

-

-

-

-

-

-

Loss (gain) on asset impairments, disposals and recoveries, net

342,984

0

0

0

0

-

-

-

-

-

-

Changes in fair value of derivatives, net

19,932

24,730

-103,336

9,177

77,901

-1,776

-13,336

66,747

45,579

-20,531

24,228

Non-cash deferred lease expense

-

-

-

-

3,637

3,770

3,901

4,122

4,235

4,500

4,598

Amortization of acquired storage contracts

0

0

-5,979

-11,071

-11,071

-11,023

-10,994

-7,562

-

-

-

Income (Loss) from Equity Method Investments

-274,123

36,005

11,536

6,381

11,265

5,243

6,100

10,434

11,363

12,531

7,988

Distributions of earnings from equity investments

24,350

35,854

3,280

5,108

470

1,312

3,325

6,656

14,679

9,660

5,113

Impairment of assets of discontinued operations

-

-

-

-

23,365

169,002

-

169,560

-

-

-

Gain on sale of equity investment

-

-

-

-

-

-

-

34,727

-

-

-

Asset impairment expense

-

-

-

-

-

-

59,950

-

-

59,724

-

Value of ESOP shares released

-

-

-

-

-

-

-

-

4,745

1,641

2,202

Goodwill, Impairment Loss

536,964

0

0

-

-

-

-

-

-

-

-

(Gain) loss on other asset retirements and disposals, net

15,886

5,406

5,187

-

-

-

-

-

-

-

-

Other non-cash items

-4,608

-3,632

-7,162

-7,593

-107

-42,196

-20,914

-12,476

-5,720

-8,257

4,643

Proceeds from the sale of Farm & Home retail operations

-

-

-

-

-

-

-

-

-

-

52,584

Change in assets and liabilities, net of amounts related to acquisitions:
Accounts receivable, net

-54,586

28,957

23,646

-48,006

-71,299

69,661

73,312

29,684

43,109

44,112

-36,060

Construction and pipeline relocation receivables

3,212

-6,229

4,961

-7,051

5,424

10,057

4,416

1,859

-7,292

-7,406

8,930

Inventories

-92,095

-56,430

162,257

-52,775

-70,068

45,344

-39,141

-102,511

-9,955

177,309

4,362

Prepaid and other current assets

22,279

-23,278

41,224

3,523

-34,956

-32,106

-17,514

4,220

-16,368

28,937

27,823

Accounts payable

-25,350

46,078

25,983

-65,239

27,860

11,311

20,303

29,872

11,808

14,569

-10,647

Accrued and other current liabilities

44

-4,278

-7,347

16,759

3,119

33,516

-20,742

-16,312

30,416

-1,296

9,336

Other non-current assets and liabilities

-6,699

14,419

13,449

-1,013

-

-

-

-

-

-

-

Other non-current assets

-

-

-

-

19,706

-626

1,624

-17,546

-9,528

9,916

-9,520

Other non-current liabilities

-

-

-

-

-5,077

-26,392

3,465

-1,504

-3,872

-861

-10,394

Total adjustments from operating activities

-

-

-

-

-

-

-

-

-

-

27,934

Net cash provided by operating activities

767,829

888,402

717,917

710,192

599,642

385,494

441,636

403,892

292,479

47,662

208,557

Capital expenditures

467,611

433,335

486,316

594,520

472,149

361,445

331,338

305,324

77,699

87,309

120,472

Proceeds from sale of DPTS asset package

444,555

0

0

-

-

-

-

-

-

-

-

Net proceeds from insurance settlement

-

-

-

-

737

12,650

-

-

-

-

-

Proceeds from sale of VTTI and DPTS asset package

-

-

-

-

-

-

-

85,000

-

-

-

Contribution to equity investment

42,204

1,387,844

0

0

0

0

350

5,723

-

-

9,880

Contribution to equity investment

-

-

-

300

-

-

-

-

-

3,870

-

Proceeds from sale of discontinued operations

-

-

-

-

103,407

0

-

-

-

-

-

Recoveries on property damages

-

-

-

-

0

-

-

-

-

-

-

Distributions from equity investments in excess of earnings

-76,413

-31,724

-2,526

0

0

-

-

-

-

-

-

Acquisition of business, net of cash acquired

-896

26,942

26,025

8,118

824,719

856,377

260,312

1,084,469

46,915

54,443

657,643

Proceeds from property disposals and recoveries

-9,388

-6,409

-8,263

-9,404

-1,227

-494

-1,678

-237

-23,938

-1,419

-365

Proceeds from settlement of interest rate swap

50,982

0

0

-

-

-

-

-

-

-

-

Escrow returns (deposits)

0

0

-19,850

21,360

0

0

-

-

-

-

-

Net cash provided by (used in) investing activities

72,419

-1,809,988

-481,702

-614,894

-1,191,497

-1,204,678

-590,322

-1,310,279

-114,188

-144,203

-735,776

Net proceeds from issuance of Units and exercise of Unit options

261,962

346,276

689,428

161,474

899,710

902,976

246,805

736,871

-

104,632

113,111

Net proceeds from exercise of Unit options

-

-

-

215

849

1,277

1,067

3,567

4,789

3,204

316

Payment of tax withholding on vesting of LTIP awards

8,306

9,447

6,711

7,700

6,234

5,034

2,604

-

-

-

-

Proceeds from issuance of long-term debt, net of issuance costs

394,937

394,418

841,451

0

599,103

1,292,666

-

647,530

-

273,210

298,050

Net borrowings (repayments) under BES credit agreement

-

-

-

-

-

-

-

-

-

-

4,000

Settlement payment of interest rate swaps

-

-

-

-

-

-

-

-

-

-

9,638

Repayment of long-term debt

700,000

125,000

0

0

275,000

300,000

-

1,525

6,178

6,294

6,289

Debt issuance costs

-

-

-

1,115

7,414

11,921

-

9,968

3,551

4,691

2,111

Borrowings under the BPL Credit Facility

2,391,700

1,912,872

1,007,200

1,627,450

1,856,031

1,651,500

1,040,300

1,221,732

298,400

317,120

558,554

Repayments under the BPL Credit Facility

2,213,799

1,746,172

1,368,200

1,266,450

1,885,031

2,287,500

699,300

995,732

278,400

537,387

260,288

Net repayments under the BMSC Credit Facility

-74,477

252,204

-111,488

-54,512

-60,000

19,800

-45,000

-33,100

44,500

143,800

-

Acquisition of noncontrolling interest

210,000

0

0

-

-

-

-

-

13,512

-

-

Acquisition of remaining noncontrolling interest

-

-

-

10,044

9,510

9,727

17,328

-

-

-

-

Borrowings under Term Loan

-

-

-

-

0

-

-

-

-

-

-

Contributions from noncontrolling interests

7,400

12,000

5,000

57,000

16,400

0

-

-

-

-

-

Distributions paid to noncontrolling interests

16,292

39,230

15,750

13,972

6,593

7,850

10,707

8,872

195,564

180,008

159,306

Proceeds from settlement of treasury lock

-

-

-

-

-

-

-

497

-

-

-

Distributions to LP unitholders

673,723

714,495

641,686

590,971

527,198

428,829

371,179

335,730

-

-

-

Repayment of debt assumed in BORCO acquisition

-

-

-

-

-

-

-

318,167

-

-

-

Other

-

-

-

-

-

-

422

-1,356

-16,427

-

-

Distributions paid to partners of Buckeye GP Holdings L.P.

-

-

-

-

-

-

-

-

49,808

40,752

34,385

Net cash used in financing activities

-840,598

283,426

399,244

-98,625

595,113

817,358

142,476

905,747

-202,239

72,834

494,014

Net decrease in cash and cash equivalents

-350

-638,160

635,459

-3,327

3,258

-1,826

-6,210

-640

-23,948

-23,707

-33,205