ENTERPRISE PRODUCTS PARTNERS L.P. EPD Income Statement

Enterprise products partners l.p. (EPD)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06
Revenues:
Revenue from sale of goods and services rendered to third parties during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.
32,721	36,426	29,196	22,965	26,955	47,879	47,661	42,509	43,537	33,040	24,911	34,454	26,128	23,251
Total revenue - related parties
67	107	45	56	72	71	65	73	775	698	599	1,015	585	360
Total revenues
32,789	36,534	29,241	23,022	27,027	47,951	47,727	42,583	44,313	33,739	25,510	35,469	26,713	23,612
Cumulative effect of change in accounting principle
-	-	-	-	-	-	-	-	-	-	-	-	-	1
Income before the cumulative effect of change in accounting principle
-	-	-	-	-	-	-	-	-	-	-	-	-	786
Operating costs and expenses:
Costs of sales and operating expenses for the period incurred from transactions with third parties.
25,649	29,991	24,444	18,539	22,588	43,228	43,300	38,602	39,553	30,084	22,547	32,861	24,938	21,964
Operating costs and expenses
1,412	1,406	1,112	1,104	1,080	992	937	765	1,765	1,365	1,018	757	463	443
Total operating costs and expenses
27,061	31,397	25,557	19,643	23,668	44,220	44,238	39,367	41,318	31,449	23,565	33,618	25,402	22,407
General and administrative costs:
General and administrative costs with third parties.
75	77	59	47	78	83	74	78	72	82	85	49	48	32
General and administrative expenses
136	130	121	113	114	130	114	91	109	121	97	95	83	63
Total general and administrative costs
211	208	181	160	192	214	188	170	181	204	182	144	131	95
Total costs and expenses
27,273	31,605	25,738	19,803	23,861	44,435	44,427	39,538	41,500	31,654	23,748	33,763	25,534	22,516
Equity in income of unconsolidated affiliates
563	480	426	362	373	259	167	64	46	62	92	66	13	25
Operating income
6,078	5,408	3,928	3,580	3,540	3,775	3,467	3,109	2,859	2,147	1,854	1,772	1,193	1,121
Other income (expense):
Interest expense
1,243	1,096	984	982	961	921	802	771	744	741	687	-608	-487	-324
Expense (benefit) associated with the change in fair value of the Liquidity Option Agreement.
119	56	64	24	25	0	0	-	-	-	-	-	-	-
Gain on step acquisition of unconsolidated affiliate
0	39	0	0	-	-	-	-	-	-	-	-	-	-
Interest income
11	3	1	-	-	-	-	0	1	1	2	7	11	9
Other, net
5	0	0	2	2	1	-0	72	-0	2	-4	4	60	1
Total other expense, net
-1,346	-1,109	-1,047	-1,004	-984	-919	-802	-698	-743	-737	-689	-596	-415	-313
Income before income taxes
4,732	4,298	2,881	2,576	2,555	2,856	2,664	2,410	2,115	1,409	1,165	1,176	777	808
Benefit from (provision for) income taxes
45	60	25	23	-2	23	57	-17	27	26	25	31	15	22
Net income
4,687	4,238	2,855	2,553	2,558	2,833	2,607	2,428	2,088	1,383	1,140	1,145	762	787
Net income attributable to noncontrolling interests
95	66	56	39	37	46	10	8	41	1,062	936	981	653	186
Net income attributable to limited partners
4,591	4,172	2,799	2,513	2,521	2,787	2,596	2,419	2,046	320	204	164	109	601
Net income allocated to: (see Note 13)
Allocation of net income to limited partners
-	-	-	-	-	-	-	-	-	-	204	164	109	504
General partner
-	-	-	-	-	-	-	-	-	-	-	0	0	97
Earnings per unit:
Basic earnings per unit (in dollars per unit)
2.09	1.91	1.30	1.20	1.28	1.51	1.45	1.40	2.48	1.17	0.99	0.89	0.97	-
Diluted earnings per unit (in dollars per unit)
2.09	1.91	1.30	1.20	1.26	1.47	1.41	1.35	2.38	1.15	0.99	0.89	0.97	-
Basic and diluted earnings per unit
-	-	-	-	-	-	-	-	-	-	-	-	-	1.20
Basic and diluted earnings per unit before change in accounting principle
-	-	-	-	-	-	-	-	-	-	-	-	-	1.20