Buckeye partners, l.p. (BPL)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue:
Total revenue from contracts with customers

3,367

2,956

2,601

-

-

-

-

-

-

-

-

Total revenue

4,108

3,648

3,248

3,453

6,620

5,054

4,285

4,693

3,151

1,770

1,896

Costs and expenses:
Cost of product sales

2,521

1,969

1,549

1,965

5,311

3,944

3,304

3,815

2,462

1,103

1,274

Operating expenses

639

638

626

573

537

413

372

340

279

275

281

Depreciation and amortization

269

269

254

221

196

147

138

112

59

54

50

General and administrative

82

90

86

88

79

70

65

58

50

41

43

Asset impairment expense (Note 5)

-

-

-

-

-

-

59

-

-

59

-

Goodwill impairment

536

0

0

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

342

0

0

-

-

-

-

-

-

-

-

Other, net

16

4

5

0

0

-

-

-

-

-

-

Equity plan modification expense

-

-

-

-

-

-

-

-

21

-

-

Reorganization expense

-

-

-

-

-

-

-

-

-

32

-

Total costs and expenses

3,691

2,962

2,511

2,849

6,124

4,576

3,941

4,327

2,872

1,566

1,650

Operating income (loss)

417

685

736

604

495

478

344

365

278

203

246

Other (expense) income:
Earnings (loss) from equity investments

-274

36

11

6

11

5

6

10

11

12

7

Gain on sale of equity investment

-

-

-

-

-

-

-

34

-

-

-

Interest and debt expense

190

225

194

171

171

130

114

119

89

75

75

Other expense, net

-0

-1

-3

0

-0

0

-0

0

-0

0

1

Total other expense, net

-465

-190

-186

-164

-160

-125

-109

-74

-78

-62

-65

Income (loss) before taxes

-48

494

550

439

334

352

235

291

200

-

-

Income tax expense

3

0

1

0

0

1

-0

-0

-0

-

-

Income from continuing operations

-

-

-

438

334

351

235

291

-

-

-

Loss from discontinued operations (Note 4)

-

-

-

-0

-59

-187

-5

-177

-

-

-

Net income (loss)

-51

493

548

437

274

164

230

114

201

141

180

Less: Net income attributable to noncontrolling interests

7

14

13

0

1

4

4

6

157

92

154

Net income (loss) attributable to Buckeye Partners, L.P.

-59

478

535

437

272

160

226

108

43

49

26

Earnings (loss) per unit attributable to Buckeye Partners, L.P.:
Continuing operations (in dollars per unit)

-

-

-

3.42

2.79

3.25

2.38

3.16

-

-

-

Discontinued operations (in dollars per unit)

-

-

-

-0.01

-0.50

-1.75

-0.05

-1.96

-

-

-

Basic (in dollars per share)

-0.41

3.33

4.05

3.41

2.29

1.50

2.33

1.20

-

-

-

Continuing operations (in dollars per unit)

-

-

-

3.41

2.78

3.23

2.37

3.15

-

-

-

Discontinued operations (in dollars per unit)

-

-

-

-0.01

-0.50

-1.74

-0.05

-1.95

-

-

-

Diluted (in dollars per share)

-0.41

3.32

4.03

3.40

2.28

1.49

2.32

1.20

-

-

-

Weighted average units outstanding:
Basic (in shares)

152

142

132

128

119

107

97

90

26

19

19

Diluted (in shares)

152

143

132

128

119

107

97

90

26

19

19

Basic

-

-

-

-

-

-

-

-

-

-

1

Diluted

-

-

-

-

-

-

-

-

-

-

1

Product sales
Total revenue from contracts with customers

2,567

2,014

1,594

2,028

5,348

3,966

3,332

3,844

2,469

1,125

1,304

Transportation, storage and other services
Total revenue from contracts with customers

1,540

1,633

1,654

1,425

1,271

1,087

953

848

682

644

592