DCP MIDSTREAM, LP DCP Balance Sheet

Dcp midstream, lp (DCP)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
ASSETS
Current assets:
Cash and cash equivalents
18	1	2	1	1	1	1	4	2	156	312	251	176	1	2	1	1	3	1	24	33	25	97	57	27	12	1	9	37	2	8	5	6	8	2	2	5	6
Accounts receivable:
Trade, net of allowance for doubtful accounts of $3 and $3 million, respectively
485	726	686	511	732	860	989	824	666	773	690	559	541	652	53	53	64	448	71	74	73	106	92	94	130	130	93	109	115	107	72	55	70	125	70	66	81	140
Affiliates
98	138	128	131	176	166	227	189	142	191	138	124	104	134	82	86	72	75	122	91	130	164	222	223	226	212	184	167	213	132	67	63	106	107	57	74	69	106
Other
14	14	20	18	6	7	18	16	11	17	18	7	6	6	-	-	-	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
26	46	55	46	52	79	77	47	51	68	62	51	64	72	34	29	37	51	40	39	36	63	64	32	33	67	54	36	30	76	71	74	69	90	57	42	42	73
Unrealized gains on derivative instruments
252	32	75	66	35	108	57	45	24	30	32	46	31	42	20	29	48	156	131	131	196	230	94	78	86	79	85	97	76	49	47	53	38	41	5	1	0	14
Collateral cash deposits
35	111	69	27	64	34	140	138	114	75	42	9	-	71	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposal Group, Including Discontinued Operation, Assets, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	6
Other
30	12	24	23	16	16	17	19	10	12	17	18	58	16	2	3	1	43	3	2	2	2	4	2	2	3	3	2	2	2	2	1	1	2	2	1	1	2
Total current assets
958	1,080	1,059	823	1,082	1,271	1,526	1,282	1,020	1,322	1,311	1,065	980	994	193	319	223	804	368	361	470	590	573	486	504	503	420	420	473	368	270	254	291	373	198	188	199	350
Property, plant and equipment, net
8,180	8,811	8,871	9,108	9,110	9,135	9,163	9,080	9,040	8,983	8,926	8,950	9,047	9,069	3,284	3,302	3,446	9,428	3,483	3,474	3,374	3,347	3,274	3,207	3,146	3,046	2,960	2,679	2,606	2,592	1,673	1,578	1,546	2,114	1,137	1,115	1,120	1,378
Goodwill
0	159	159	194	194	231	231	231	231	231	231	231	236	236	72	72	72	242	72	105	154	154	154	154	154	154	154	154	154	154	153	153	153	154	146	146	146	151
Intangible assets, net
48	61	63	65	77	97	99	101	104	106	109	132	135	137	105	108	110	149	113	115	117	120	122	124	127	129	131	133	135	137	139	141	143	145	115	117	117	153
Investments in unconsolidated affiliates
3,681	3,724	3,611	3,581	3,460	3,340	3,277	3,165	3,105	3,050	3,002	2,994	2,988	2,969	1,474	1,481	1,486	2,992	1,490	1,485	1,481	1,459	1,434	1,426	1,410	627	532	384	326	304	229	147	108	108	222	218	216	104
Unrealized gains on derivative instruments
53	2	4	5	2	8	19	8	1	3	4	5	4	5	3	5	7	19	17	15	20	39	33	42	69	87	112	146	128	70	37	43	31	7	11	1	3	1
Operating lease assets
98	107	91	69	78	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term assets
170	183	176	188	184	184	170	174	177	183	188	193	189	201	13	15	10	251	26	28	28	13	27	29	27	21	22	23	24	20	14	14	14	11	7	7	7	7
Total assets
13,188	14,127	14,034	14,033	14,187	14,266	14,485	14,041	13,678	13,878	13,771	13,570	13,579	13,611	5,144	5,302	5,354	13,885	5,569	5,583	5,644	5,722	5,617	5,468	5,437	4,567	4,331	3,939	3,846	3,645	2,517	2,333	2,288	2,912	1,839	1,795	1,811	2,147
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable:
Trade
329	638	578	531	786	807	1,176	968	824	989	845	541	546	677	76	83	85	480	105	109	136	196	226	226	228	232	197	277	282	151	170	133	168	342	75	78	89	173
Affiliates
97	100	102	94	116	96	106	112	85	68	57	56	51	48	20	19	20	40	23	19	26	27	39	30	28	43	31	24	29	72	14	6	38	72	45	29	31	37
Other
26	35	34	29	30	23	40	27	22	19	17	9	14	10	-	-	-	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current debt
3	603	601	800	1,125	525	525	325	450	0	500	500	500	500	-	-	-	0	250	250	250	250	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	21	335	-	-	-	0	-	-	-	-	-	-	-	-
Unrealized losses on derivative instruments
192	58	67	54	61	91	157	141	96	76	42	29	36	91	11	20	5	69	28	18	33	43	12	17	28	28	22	22	39	31	43	31	52	60	33	47	54	56
Accrued interest
67	80	68	81	72	71	68	71	53	71	69	72	57	72	29	19	30	72	33	21	33	21	35	22	19	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and Dividends Payable, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	-	-	-	-	-	-	-	-	-	-
Accrued taxes
69	65	74	57	65	64	81	60	64	58	88	66	68	49	28	23	18	38	26	-	-	9	26	-	-	-	20	-	-	-	-	-	-	-	-	-	39	-
Accrued wages and benefits
25	58	45	31	25	64	52	42	25	65	43	38	25	72	-	-	-	71	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital spending accrual
10	28	15	24	28	63	49	33	31	39	17	18	20	20	-	-	-	20	-	-	-	-	24	30	-	-	33	19	16	44	-	-	-	31	-	-	-	-
Disposal Group, Including Discontinued Operation, Liabilities, Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	476	461	-	-
Other
148	128	108	102	96	100	79	108	73	103	106	106	73	84	26	45	17	84	45	94	47	55	31	54	50	85	37	68	58	47	68	54	45	37	61	38	25	47
Total current liabilities
966	1,793	1,692	1,803	2,404	1,904	2,333	1,887	1,723	1,488	1,784	1,435	1,390	1,623	190	212	175	899	510	490	525	601	393	379	374	723	358	410	424	345	295	226	304	542	692	653	239	315
Long-term debt
5,921	5,321	5,165	4,750	4,236	4,782	4,575	4,510	4,358	4,707	4,711	4,710	4,709	4,907	2,231	2,367	2,377	5,669	2,179	2,162	2,062	2,044	2,311	2,310	2,310	1,590	1,801	1,740	1,739	1,620	1,038	948	865	747	249	249	675	647
Unrealized losses on derivative instruments
46	20	20	5	5	8	37	29	24	15	10	7	7	1	0	0	0	12	-	-	-	0	2	6	1	1	3	3	6	8	13	16	36	33	21	52	69	50
Deferred income taxes
30	30	32	32	32	32	29	29	29	29	30	29	28	28	-	-	-	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
83	88	74	57	66	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
226	242	236	233	231	243	235	233	232	201	193	190	195	199	47	45	48	187	48	48	51	51	46	42	41	40	36	36	36	36	28	22	22	28	16	15	15	57
Total liabilities
7,272	7,494	7,219	6,880	6,974	6,969	7,209	6,688	6,366	6,440	6,728	6,371	6,329	6,758	2,468	2,624	2,600	6,793	2,737	2,700	2,638	2,696	2,752	2,737	2,726	2,354	2,198	2,189	2,205	2,009	1,375	1,213	1,228	1,350	979	971	1,000	1,071
Commitments and contingent liabilities (see note 18)
-	-	-	-	-	-	0	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0
Equity:
Preferred Units, Preferred Partners' Capital Accounts
-	-	-	-	-	-	-	-	500	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General partner
-	-	97	104	105	107	109	109	112	154	155	139	121	18	18	18	18	18	18	18	18	18	17	14	13	8	7	4	3	0	-1	-1	-3	-5	-4	-5	-6	-6
Predecessor equity
-	-	-	-	-	-	-	-	-	-	0	0	0	4,220	-	-	-	4,287	-	-	-	-	0	0	0	40	0	0	-	399	-	-	-	628	-	-	-	337
Limited partners (208,329,928 and 143,317,328 common units authorized, issued and outstanding, respectively)
5,135	5,861	5,937	6,277	6,327	6,418	6,491	6,577	6,679	6,772	6,870	7,040	7,108	2,591	2,637	2,637	2,713	2,762	2,792	2,842	2,964	2,984	2,826	2,694	2,674	1,948	1,915	1,542	1,450	1,063	1,124	1,103	1,047	654	672	628	619	552
Accumulated other comprehensive loss
-7	-7	-8	-8	-8	-8	-8	-8	-9	-9	-9	-9	-9	-8	-8	-8	-8	-8	-8	-8	-8	-9	-9	-9	-9	-11	-12	-13	-14	-15	-15	-16	-19	-21	-22	-22	-23	-27
Total partners’ equity
5,888	6,605	6,787	7,125	7,184	7,268	7,246	7,323	7,282	7,408	7,016	7,170	7,220	6,821	2,647	2,647	2,723	7,059	2,802	2,852	2,974	2,993	2,834	2,699	2,678	1,985	1,910	1,533	1,439	1,447	1,107	1,084	1,024	1,256	645	600	589	855
Noncontrolling interests
28	28	28	28	29	29	30	30	30	30	27	29	30	32	29	31	31	33	30	31	32	33	31	32	33	228	223	217	202	189	33	34	35	306	215	223	221	220
Total equity
5,916	6,633	6,815	7,153	7,213	7,297	7,276	7,353	7,312	7,438	7,043	7,199	7,250	6,853	2,676	2,678	2,754	7,092	2,832	2,883	3,006	3,026	2,865	2,731	2,711	2,213	2,133	1,750	1,641	1,636	1,141	1,119	1,060	1,562	860	823	810	1,076
Total liabilities and equity
13,188	14,127	14,034	14,033	14,187	14,266	14,485	14,041	13,678	13,878	13,771	13,570	13,579	13,611	5,144	5,302	5,354	13,885	5,569	5,583	5,644	5,722	5,617	5,468	5,437	4,567	4,331	3,939	3,846	3,645	2,517	2,333	2,288	2,912	1,839	1,795	1,811	2,147
Allowance for Doubtful Accounts Receivable, Current
2	3	3	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common unitholders, units outstanding (in shares)
208	-	143	-	-	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common unitholders, units issued (in shares)
208	-	143	-	-	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
41	1	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A Preferred Limited Partners [Member]
Preferred Units, Preferred Partners' Capital Accounts
498	489	499	490	498	489	-	-	-	491	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
498	489	499	490	498	489	-	-	-	491	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Units, Issued
0	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Units, Outstanding
0	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B Preferred Limited Partners [Member]
Preferred Units, Preferred Partners' Capital Accounts
156	156	156	156	156	156	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
156	156	156	156	156	156	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Units, Issued
6	6	6	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Units, Outstanding
6	6	6	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series C Preferred Limited Partners [Member]
Preferred Units, Preferred Partners' Capital Accounts
106	106	106	106	106	106	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total equity
106	106	106	106	106	106	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Units, Issued
4	4	4	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Units, Outstanding
4	4	4	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-