ENLINK MIDSTREAM, LLC ENLC Cash Flow

Enlink midstream, llc (ENLC)

CashFlow / TTM

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
Cash flows from operating activities:
Net loss
-1,125,200	-999,600	-325,300	-317,800	-224,700	-32,800	463,800	442,900	367,800	320,000	31,300	18,300	-7,600	-888,200	-1,580,700	-2,349,400	-2,306,000	-1,409,700	-612,400	209,400	226,300	249,700	205,600	176,000	144,000	119,100	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Impairments
1,300,000	1,133,500	527,700	552,300	552,300	365,800	32,900	10,100	10,100	17,100	8,800	7,000	7,000	873,300	1,637,500	2,436,700	2,436,700	1,563,400	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
627,700	617,000	610,300	599,700	591,300	577,300	568,300	557,900	555,100	545,300	538,000	527,900	510,300	503,900	471,200	445,100	417,900	387,300	374,800	349,800	327,400	284,300	247,000	219,900	190,800	187,000	0	0	0
Deferred income tax (benefit) expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	22,600	31,900	43,700	49,100	67,400	78,400	81,700	61,400	35,500	0	0	0
Accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	500	500	400	500	600	600	600	500	0	0	0
Loss on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-13,200	4,900	-1,300	-1,000	-1,200	0	0	0	-	-	-	-	-	-	-	-
Non-cash unit-based compensation
37,100	39,400	40,500	45,500	47,100	41,100	41,000	34,100	33,800	48,100	46,700	43,600	41,700	30,300	29,700	30,000	30,200	36,100	35,700	34,100	32,300	19,600	12,800	7,000	1,200	0	0	0	0
Gain on derivatives recognized in net loss
31,800	14,400	41,500	28,600	6,500	5,200	-23,200	-23,300	-6,500	-4,200	-5,600	-600	-7,900	-11,100	-3,800	-1,700	8,800	9,400	30,600	30,000	23,600	22,100	-1,900	-2,900	-1,300	0	0	0	0
Cash settlements on derivatives
-13,500	-16,900	-9,800	1,700	5,500	7,000	9,600	5,600	5,200	11,200	4,900	3,800	-2,000	-10,500	0	0	0	-	-	-11,900	-4,200	300	1,700	900	600	0	0	0	0
Gain on extinguishment of debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issue costs, net discount (premium) of notes
0	-	0	0	0	-	0	0	0	-	-	-	-	-	3,800	3,700	3,500	3,300	3,500	3,000	2,500	1,900	800	400	100	0	0	0	0
Variable lease expense
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issue costs, net (premium) discount of notes and installment payable
-	-	-	-	-	-	-	-	-	-	-	-	49,000	53,400	36,200	22,900	9,600	-2,900	-3,400	-3,400	-3,300	-2,900	-1,700	-1,000	-400	0	0	0	0
Redeemable non-controlling interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	1,800	1,000	-1,800	0	0	0	-	0	0	0	-	-	-	-
Distribution of earnings from unconsolidated affiliates
15,900	16,500	16,500	16,000	13,400	15,800	23,200	22,800	17,800	13,300	0	0	0	-	-	-	-	21,600	17,800	16,600	9,600	7,000	6,300	11,600	11,000	10,900	0	0	0
Income from unconsolidated affiliates
-20,400	-16,800	15,600	15,900	15,600	13,300	16,300	16,400	11,900	9,600	-14,400	-17,700	-16,800	-19,900	3,800	9,100	14,300	20,400	20,700	19,900	18,400	18,900	18,900	19,100	18,000	14,800	0	0	0
Other operating activities
-4,900	-4,100	-21,500	-23,300	-8,700	-2,200	6,300	8,000	-800	600	4,700	7,100	9,100	900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Accounts receivable, accrued revenue, and other
-368,100	-337,100	-517,700	-204,300	-44,900	113,100	424,900	292,300	275,100	189,400	156,900	43,500	128,600	118,100	-55,500	-121,800	-107,100	-197,500	1,000	31,100	19,700	98,900	-26,200	10,500	-43,200	0	0	0	0
Natural gas and NGLs inventory, prepaid expenses, and other
-54,500	-13,600	-83,500	-20,500	17,800	12,200	68,100	29,600	16,700	23,500	41,600	27,400	1,300	-18,700	-33,800	-32,000	-31,800	6,700	9,800	19,500	16,600	8,200	25,200	18,800	8,400	-700	0	0	0
Accounts payable, accrued product purchases, and other accrued liabilities
-389,200	-245,500	-390,000	-185,100	-28,400	58,300	302,700	270,300	217,400	162,100	184,700	93,300	125,700	132,300	-61,500	-113,000	-112,300	-171,400	-10,500	-26,600	-53,200	-16,900	-83,600	-65,000	-46,300	-8,600	0	0	0
Net cash provided by operating activities
909,900	991,900	1,086,100	939,800	917,900	847,600	710,700	800,300	716,200	700,100	682,300	691,300	649,600	666,400	649,300	655,600	652,100	628,400	590,500	532,700	511,100	458,900	445,300	384,000	379,900	330,300	0	0	0
Cash flows from investing activities:
Additions to property and equipment
625,400	754,900	798,200	867,100	903,100	843,100	767,700	723,500	716,000	790,800	901,800	846,500	783,900	663,000	545,700	511,300	546,600	572,300	706,200	808,500	859,300	796,000	583,100	424,400	242,200	244,300	0	0	0
Acquisition of business, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	791,500	985,100	990,700	1,009,000	524,200	561,600	556,700	619,600	357,900	126,900	126,000	50,300	0	0	0	0
Proceeds from sale of unconsolidated affiliate investment
-	-	-	-	-	-	-	-	-	189,700	189,700	189,700	189,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Property, Plant, and Equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	93,100	5,300	1,700	1,000	1,000	0	0	0	-	-	-	-	-	-	-	-
Investment in unconsolidated affiliates
-	-	-	-	-	-	-	-	-	12,600	40,600	42,300	72,700	73,800	62,700	67,600	32,900	25,800	0	0	0	-	-	-	-	-	-	-	-
Distribution from unconsolidated affiliates in excess of earnings
-	-	-	-	-	-	-	-	-	200	10,300	47,200	51,200	54,600	58,400	27,000	23,200	21,100	17,600	14,800	12,400	10,900	7,600	6,100	3,700	1,100	0	0	0
Other investing activities
8,600	4,600	-1,000	-7,000	-6,400	-8,100	-3,300	-1,700	-2,100	-400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-616,000	-741,500	-776,300	-851,400	-888,000	-826,300	-768,500	-729,000	-720,800	-610,800	-652,000	-558,200	-516,700	-1,380,300	-1,526,600	-1,538,000	-1,561,200	-1,097,300	-1,234,300	-1,350,200	-1,472,100	-1,148,600	-731,600	-550,000	-288,800	-243,200	0	0	0
Cash flows from financing activities:
Proceeds from borrowings
3,120,000	3,310,000	4,790,000	4,905,000	3,776,300	3,946,800	2,180,200	1,943,400	2,369,300	2,381,800	2,696,100	3,103,500	2,566,100	2,150,400	2,267,700	1,724,100	2,642,600	3,204,400	3,801,900	3,963,000	2,970,800	3,367,800	2,170,300	1,732,200	1,356,100	0	0	0	0
Payments on borrowings
2,631,000	2,971,400	4,431,400	4,359,400	3,212,800	3,060,000	1,387,800	1,570,500	1,964,700	2,123,400	2,388,600	2,753,300	2,245,800	1,917,500	1,845,600	1,162,200	1,906,200	2,134,300	2,800,700	2,823,700	2,202,900	2,792,700	1,765,200	1,490,200	1,076,900	0	0	0	0
Payment of installment payable for EOGP acquisition
-	-	-	-	-	250,000	250,000	250,000	250,000	250,000	250,000	250,000	250,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,300	4,100	3,700	3,600	3,700	3,400	3,200	3,000	1,800	1,200	800	0	0	0	0
Increase (decrease) in drafts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,700	200	-10,800	100	10,200	-2,600	8,600	-2,600	0	0	0	0
Debt financing costs
4,400	10,000	11,900	11,600	7,500	1,900	0	0	0	-	-	-	-	4,700	4,800	500	8,100	9,600	21,700	21,800	15,500	19,700	7,500	7,400	6,000	0	0	0	0
Conversion of restricted units, net of units withheld for taxes
3,400	7,800	0	0	0	-	-	-	-	-	-	-	-	-	1,300	1,200	1,300	2,900	2,900	3,900	3,800	1,100	0	0	0	-	-	-	-
Distribution to members
509,500	467,200	377,800	287,300	198,300	194,800	191,500	188,800	187,100	186,000	185,900	185,600	185,500	185,400	181,200	176,200	170,300	162,800	158,600	153,600	127,800	89,000	0	0	0	-	-	-	-
Distributions to non-controlling interests
117,600	220,500	323,000	424,400	523,600	517,200	506,100	486,300	453,800	433,700	406,800	400,500	392,200	384,200	377,000	370,400	366,800	359,500	346,900	334,200	290,100	204,300	0	0	0	-	-	-	-
Conversion of ENLK's restricted units, net of units withheld for taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	1,100	1,200	2,500	2,700	3,200	3,100	700	0	0	0	-	-	-	-
Proceeds from issuance of ENLK common units
-	-	-	-	-	-	-	-	52,600	106,900	149,200	187,400	220,600	167,500	122,100	72,600	24,300	24,400	353,000	396,200	414,200	412,000	0	0	0	-	-	-	-
Proceeds from issuance of Series C Preferred Units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Contributions by (distributions to) the partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Contributions by non-controlling interests
118,900	97,500	95,400	81,100	83,200	90,200	84,500	83,100	59,200	57,300	62,600	190,500	185,700	167,900	155,700	15,000	16,600	16,400	17,300	12,400	8,600	6,300	1,200	1,200	500	0	0	0	0
Distributions to Predecessor
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,300	0	0	0	-	-	-	-
Contribution from Devon
-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	400	21,300	27,800	29,200	39,200	113,600	105,700	0	0	0	-	-	-	-
Other financing activities
-9,500	-4,000	-3,200	-5,100	5,200	-5,600	-9,300	-7,300	-2,400	-6,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-36,500	-273,400	-272,400	-66,200	-46,400	47,900	-19,300	-45,900	6,800	-69,800	51,500	-131,900	-123,700	707,600	854,900	820,600	805,100	418,500	686,800	873,600	849,600	758,100	334,600	122,600	71,800	-151,200	0	0	0
Cash flow from discontinued operations:
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	24,900	17,800	31,400	31,100	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	9,900	158,100	155,500	154,200	0	0	0
Net cash used in financing activities-net distributions to Devon and non-controlling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,400	-43,600	-130,600	-128,600	-136,800	0	0	0
Net increase (decrease) in cash and cash equivalents
257,400	-23,000	37,400	22,200	-16,500	69,200	-77,100	25,400	2,200	19,500	81,800	1,200	9,200	-6,300	-22,400	-61,800	-104,000	-50,400	43,000	56,100	-111,400	68,400	39,500	1,900	221,200	-15,600	0	0	0
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,800	45,300	58,300	48,500	0	0	0
Supplemental disclosures of cash flow information:
Cash paid for interest
0	-	0	0	0	-	0	0	0	-	0	0	146,100	-	135,200	133,400	111,200	110,000	81,900	83,100	53,500	55,800	19,900	17,100	4,600	0	0	0	0
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	0	0	1,800	-	-5,600	-5,500	3,600	13,700	13,800	14,000	11,000	7,500	0	0	0	-	-	-	-
Non-cash investing activities:
Non-cash accrual of property and equipment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of non-controlling interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash accrual of property and equipment
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-