ENTERPRISE PRODUCTS PARTNERS L.P. EPD Income Statement

Enterprise products partners l.p. (EPD)

Income statement / 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	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
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.
7,466	7,991	7,948	8,250	8,531	9,169	9,571	8,411	9,273	8,414	6,874	6,597	7,309	6,466	5,904	5,604	4,989	6,110	6,294	7,085	7,466	10,182	12,319	12,503	12,874	13,055	12,085	11,142	11,377	11,062	10,461	9,764	11,221	11,368	11,163	11,072	9,933	9,367	7,934	7,427	8,312	8,223	6,679	5,342	4,667	10,246
Total revenue - related parties
16	13	15	25	12	13	14	55	24	11	12	9	10	12	15	13	15	45	13	7	6	7	11	17	35	45	7	6	5	9	7	25	30	216	163	144	250	216	133	116	232	176	110	92	219	253
Total revenues
7,482	8,005	7,964	8,276	8,543	9,182	9,585	8,467	9,298	8,426	6,886	6,607	7,320	6,478	5,920	5,617	5,005	6,155	6,307	7,092	7,472	10,190	12,330	12,520	12,909	13,101	12,093	11,149	11,383	11,072	10,468	9,789	11,252	11,585	11,327	11,216	10,183	9,583	8,067	7,543	8,544	8,400	6,789	5,434	4,886	10,499
Operating costs and expenses:
Costs of sales and operating expenses for the period incurred from transactions with third parties.
5,735	6,307	6,217	6,469	6,655	7,269	7,643	7,174	7,904	7,131	5,773	5,457	6,081	5,340	4,781	4,551	3,866	4,945	5,167	6,090	6,384	9,029	11,198	11,382	11,618	11,896	11,055	10,143	10,206	10,038	9,456	8,788	10,318	10,155	10,146	10,140	9,111	8,643	7,117	6,676	7,647	25,337	6,128	-4,771	-4,147	9,875
Operating costs and expenses
325	360	356	331	364	351	358	377	318	282	306	272	251	268	284	270	280	296	284	267	232	256	216	256	262	281	218	224	214	192	203	221	148	488	458	392	425	400	343	298	324	1,233	267	-253	-229	199
Total operating costs and expenses
6,060	6,667	6,573	6,800	7,019	7,620	8,001	7,552	8,222	7,414	6,079	5,730	6,333	5,608	5,065	4,822	4,146	5,242	5,452	6,357	6,616	9,286	11,414	11,639	11,880	12,177	11,273	10,367	10,420	10,231	9,659	9,009	10,467	10,643	10,604	10,533	9,537	9,043	7,460	6,974	7,971	26,571	6,395	-5,024	-4,376	10,074
General and administrative costs:
General and administrative costs with third parties.
23	14	19	21	20	19	15	20	21	11	11	16	20	11	15	6	14	20	20	16	20	23	18	18	23	19	17	17	19	19	18	16	23	23	20	16	12	21	28	16	16	86	28	-21	-7	12
General and administrative expenses
32	37	36	31	31	31	37	30	31	31	30	29	29	28	27	28	29	28	28	28	29	39	31	28	30	30	26	28	29	20	22	25	22	19	30	34	25	32	41	24	24	122	26	-24	-27	21
Total general and administrative costs
55	51	55	52	52	51	52	51	53	43	41	45	50	39	42	35	43	49	49	44	49	63	50	47	53	49	43	45	49	40	41	42	46	43	50	50	37	53	70	40	40	209	54	-46	-34	33
Total costs and expenses
6,115	6,719	6,629	6,853	7,071	7,671	8,054	7,603	8,275	7,458	6,121	5,775	6,383	5,647	5,107	4,857	4,190	5,291	5,501	6,402	6,665	9,349	11,464	11,686	11,933	12,227	11,317	10,412	10,469	10,271	9,701	9,052	10,513	10,687	10,654	10,583	9,575	9,097	7,530	7,014	8,012	7,816	6,450	5,070	4,411	10,108
Equity in income of unconsolidated affiliates
140	131	139	137	154	130	112	122	115	110	113	107	94	92	92	76	101	71	103	110	89	80	72	50	56	41	44	37	44	22	21	11	9	10	8	11	16	18	5	11	26	61	14	9	7	10
Operating income
1,507	1,418	1,474	1,560	1,626	1,640	1,643	986	1,138	1,079	879	938	1,031	923	905	836	915	934	909	800	896	921	937	884	1,032	915	819	774	957	822	788	749	748	909	681	643	624	505	543	539	558	645	353	373	482	401
Other income (expense):
Interest expense
317	292	382	290	277	290	279	274	252	245	243	245	249	247	250	244	240	238	243	240	239	241	229	228	220	198	208	200	195	199	199	186	186	183	189	188	183	212	192	179	157	1,169	-170	-158	-152	-137
Expense (benefit) associated with the change in fair value of the Liquidity Option Agreement.
2	-3	38	26	57	21	18	8	7	31	8	18	5	-	6	23	-	-	4	11	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on step acquisition of unconsolidated affiliate
-	-	0	0	-	0	0	2	37	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
7	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2
Other, net
0	-5	7	2	0	-1	0	0	0	-0	0	0	0	-1	0	0	3	0	1	0	0	2	-1	1	-0	0	0	-0	-0	-0	1	13	58	0	-1	0	0	2	0	-0	-0	-4	-0	0	0	-0
Total other expense, net
-311	-284	-414	-314	-333	-309	-297	-280	-221	-276	-252	-264	-254	-243	-257	-267	-237	-247	-246	-251	-238	-239	-230	-227	-221	-198	-207	-200	-196	-199	-198	-173	-127	-182	-190	-188	-183	-210	-190	-178	-157	-209	-170	-157	-151	-135
Income before income taxes
1,195	1,133	1,060	1,246	1,292	1,331	1,345	705	916	802	626	674	777	680	647	569	678	686	663	548	657	681	706	656	811	717	612	573	761	623	590	575	621	726	491	455	441	295	352	360	401	435	182	215	331	265
Benefit from (provision for) income taxes
-179	8	15	9	12	25	11	18	5	5	5	8	6	10	4	-0	8	-6	5	-7	6	0	7	10	4	11	19	20	6	6	2	8	-34	1	11	7	7	6	4	6	8	-1	7	3	16	7
Net income
1,375	1,125	1,044	1,236	1,280	1,305	1,334	687	911	797	621	666	771	669	643	570	670	693	657	556	650	681	699	646	806	705	592	553	755	617	587	567	655	725	479	448	434	289	347	354	392	437	174	212	315	258
Net income attributable to noncontrolling interests
24	28	25	21	19	20	21	13	10	23	10	12	10	10	8	11	9	8	8	5	14	21	8	8	7	6	0	0	1	1	1	0	4	4	8	14	13	129	310	300	322	670	149	25	90	55
Net income attributable to limited partners
1,350	1,096	1,019	1,214	1,260	1,284	1,313	673	900	774	610	653	760	658	634	558	661	684	649	551	636	659	691	637	798	698	592	552	753	615	586	566	651	721	471	433	420	159	37	54	69	-233	25	186	225	203
Net income allocated to: (see Note 13)
Allocation of net income to limited partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	54	69	-154	25	147	186	167
General partner
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	39	39	35
Earnings per unit:
Basic earnings per unit (in dollars per unit)
0.61	0.51	0.46	0.55	0.57	0.59	0.60	0.31	0.41	0.36	0.28	0.30	0.36	0.31	0.30	0.27	0.32	0.34	0.33	0.28	0.33	0.34	0.38	0.35	0.44	-0.35	0.33	0.62	0.85	-0.70	0.68	0.66	0.76	0.86	0.57	0.53	0.52	0.40	0.18	0.26	0.33	0.08	0.18	0.32	0.41	-
Diluted earnings per unit (in dollars per unit)
0.61	0.51	0.46	0.55	0.57	0.59	0.60	0.31	0.41	0.36	0.28	0.30	0.36	0.31	0.30	0.27	0.32	0.34	0.32	0.28	0.32	0.33	0.37	0.34	0.43	-0.34	0.32	0.60	0.83	-0.68	0.66	0.64	0.73	0.83	0.55	0.51	0.49	0.38	0.18	0.26	0.33	0.08	0.18	0.32	0.41	-
Basic and diluted earnings per unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.38