ENBRIDGE ENERGY PARTNERS LP EEP Income Statement

Enbridge energy partners lp (EEP)

Income statement / TTM

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	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Operating revenues:
Commodity sales
-	-	-	-	-	-	-	-	-	-	2,206	-	3,568	4,305	4,917	5,693	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transportation and other services
-	-	-	-	-	-	-	-	2,588	2,611	2,572	-	2,512	2,449	2,396	2,270	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating revenue (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Operating revenue - affiliate (Note 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
2,300	2,356	2,415	2,428	2,015	2,034	2,059	2,516	611	1,244	1,936	2,303	6,081	6,755	7,313	7,964	7,855	7,702	7,503	7,117	6,926	6,701	6,579	6,706	7,307	8,114	0	-	0	0	-	7,736	6,931	6,341	0	0	0
Operating expenses:
Commodity costs (Note 14)
-	-	-	-	-	-	-	-	-	-	1,941	-	3,131	3,847	4,436	5,145	5,371	5,390	5,246	4,948	4,813	4,604	4,464	4,570	5,126	5,938	0	-	0	0	-	5,963	5,193	4,631	0	0	0
Environmental costs, net of recoveries
0	0	-	-	0	0	-	-	10	20	19	-	5	54	93	97	182	133	100	273	0	0	0	-	216	105	0	-	0	0	-	600	0	0	0	-	-
Oil Measurement Adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-
Operating and administrative
-	-	-	-	-	-	-	-	767	896	969	-	962	917	934	934	917	947	940	918	900	850	838	840	799	752	0	-	0	0	-	576	542	533	0	0	0
Power
304	302	293	290	291	284	278	277	274	271	269	260	254	242	239	226	206	189	164	147	138	133	141	148	154	150	0	-	0	0	-	141	139	132	0	0	0
Depreciation and amortization
443	444	443	442	400	398	395	427	338	365	390	378	517	498	482	458	436	417	399	388	375	363	353	344	335	338	0	-	0	0	-	311	290	276	0	0	0
Asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment (Note 15)
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived asset (Note 6)
0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Gain on sale of assets (Note 6)
28	12	63	74	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
1,291	1,338	1,326	1,307	829	1,563	1,577	2,035	-9	-80	943	1,339	5,145	5,834	6,202	6,878	7,113	7,077	6,851	6,676	6,429	6,017	5,881	5,812	6,359	7,227	0	-	0	0	-	7,608	6,658	5,578	0	0	0
Operating income
1,009	1,018	1,089	1,121	1,185	470	482	481	620	1,324	992	964	935	921	1,111	1,086	741	624	652	440	496	683	697	893	947	887	0	-	0	0	-	127	272	762	0	0	0
Interest expense, net
526	528	530	525	409	408	399	413	387	371	356	292	323	372	374	403	388	321	320	320	322	335	337	345	327	322	0	-	0	0	-	274	259	247	0	0	0
Allowance for equity used during construction
62	58	53	47	43	41	43	46	51	55	59	70	63	64	59	57	65	60	56	43	30	21	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Income from equity investment in joint venture (Note 7)
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense)
0	0	-	-	0	0	-	1	-12	-4	1	0	27	20	15	8	17	15	14	16	1	-0	-0	-1	-1	-0	0	-	0	0	-	17	18	19	0	0	0
Income from continuing operations before income taxes
661	649	692	700	845	107	120	115	272	1,003	696	742	702	633	812	749	436	379	402	179	205	374	378	558	624	564	0	-	0	0	-	-130	31	534	0	0	0
Income tax benefit (expense)
-6	-7	-9	-8	-8	-6	-2	-1	5	8	3	3	6	4	10	9	7	6	18	18	19	20	7	8	6	6	5	5	5	6	8	7	10	9	0	0	0
Income from continuing operations
667	656	701	708	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss from discontinued operations, net of taxes (Note 6)
0	0	-35	-57	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Net income
667	656	666	651	733	-37	-56	-41	-112	646	408	454	696	629	802	740	428	372	383	160	186	354	370	550	720	626	657	677	405	-115	-132	-137	-46	457	0	0	0
Noncontrolling interests (Note 10)
400	400	399	369	340	45	25	26	29	298	238	221	253	245	278	263	183	133	109	88	69	62	59	57	54	52	51	53	56	64	64	60	47	0	0	0	-
Series 1 Preferred unit distributions
0	0	6	29	51	74	90	90	90	90	90	90	90	90	90	90	89	90	80	58	35	13	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Accretion of discount on Series 1 Preferred units
0	0	7	8	9	10	4	5	4	5	8	11	13	15	15	14	14	14	12	9	5	2	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Net income - controlling interests
267	256	254	245	331	-167	-177	-162	-235	252	71	132	339	277	418	371	140	135	181	4	75	276	310	493	666	573	605	624	349	-179	-196	-198	-93	430	0	0	0
Net income allocable to common units and i-units:
Income from continuing operations
219	209	231	237	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (Note 4)
1	1	-23	-37	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income allocable to common units and i-units
220	210	208	200	240	-293	-347	-377	-448	30	-146	-85	131	91	245	218	0	-2	49	-122	-42	147	184	369	434	391	0	-	0	0	-	-260	-152	366	0	0	0
Net income per common unit and i-unit (basic and diluted):
Income from continuing operations (in dollars per share)
0.21	0.19	0.15	-0.05	0.19	0.27	0.19	-	-1.25	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (in dollars per share)
0.00	0.00	0.00	0.00	0.00	-0.06	-0.04	-	-0.06	-0.13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income per common unit and i-unit (in dollars per share)
0.21	0.19	0.15	-0.05	0.19	0.21	0.15	-	-1.31	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income per common unit and i-unit (basic and diluted) (Note 3)
-	-	-	-	-	-	-	-	-	-	0.07	-	0.07	-0.44	0.26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common units and i-units outstanding (basic and diluted) (in shares)
431	428	425	426	421	400	353	351	349	347	344	342	341	339	332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid per limited partner unit (in dollars per share)
0.35	0.35	0.35	-	0.35	0.35	0.58	-	0.58	0.58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common unit and i-unit (basic) (Note 2) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.02	0.18	-	-0.05	0.18	-0.36	-	0.60	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per limited partner unit (basic)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per limited partner unit (diluted)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per limited partner unit (basic and diluted)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.25	-	-	-	-	-0.28	-1.74	0.51	0.42	-	-
Weighted average common units and i-units outstanding (basic) (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	328	327	326	-	317	314	307	303	289	285	284	276	264	255	252	246	238	236	235	117	116
Net income (loss) per common unit and i-unit (diluted) (Note 2) (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.02	0.18	-	-0.05	0.18	-0.36	-	0.60	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common units and i-units outstanding (diluted) (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	328	327	326	-	317	314	307	-	289	285	-	-	-	-	-	-	-	-	-	-	-