ENERGY TRANSFER LP ET Income Statement

Energy transfer lp (ET)

Income statement / 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	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
Sunoco LP Series A Preferred Units redemption
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
REVENUES:
Retail propane sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,076	1,072	0	0	0
Revenues
52,719	54,213	54,066	55,085	55,326	54,087	51,965	47,435	42,744	40,523	38,049	35,770	33,758	31,792	26,321	29,232	33,411	36,096	43,019	47,390	49,939	52,639	54,817	52,316	50,236	48,335	47,041	36,659	26,473	16,964	7,792	7,772	7,870	8,190	7,781	7,285	6,673	6,556	5,952	5,516	0	0	0
COSTS AND EXPENSES:
Cost of products sold
38,541	39,727	39,646	40,849	41,890	41,658	40,629	36,877	32,701	30,966	28,833	27,268	25,580	23,693	19,140	21,945	25,804	28,668	35,459	39,893	42,906	45,861	47,952	46,001	44,215	42,580	41,319	31,483	21,880	13,088	4,560	4,680	4,982	5,169	0	0	0	-	-	-	-	-	-
Cost of products sold - natural gas operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Cost of products sold - retail propane
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Cost of products sold - other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Operating expenses
3,365	3,294	3,215	3,193	3,173	3,089	2,757	2,891	2,767	2,644	2,892	2,500	2,296	2,336	1,917	2,097	2,316	2,303	2,399	2,250	2,015	1,811	1,900	1,762	1,721	1,669	1,682	1,471	1,320	1,118	884	907	894	945	886	863	820	771	718	686	0	0	0
Depreciation, depletion and amortization
3,240	3,147	3,093	3,059	2,968	2,859	2,786	2,678	2,591	2,554	2,446	2,352	2,282	2,216	2,067	2,043	2,020	1,951	1,952	1,853	1,789	1,669	1,599	1,506	1,374	1,313	1,262	1,141	1,029	871	717	658	600	586	540	509	458	406	389	348	0	0	0
Selling, general and administrative
751	694	686	697	701	702	634	592	582	599	609	676	653	656	582	528	561	548	609	622	580	556	525	499	507	533	622	578	537	527	380	365	336	253	280	259	245	233	212	205	0	0	0
Impairment losses
1,349	74	493	481	481	431	10	99	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total costs and expenses
47,246	46,936	47,133	48,279	49,213	48,739	47,746	43,988	39,680	37,802	35,919	33,925	31,851	29,941	24,045	26,952	31,040	33,809	40,789	44,988	47,660	50,267	52,665	50,457	48,506	46,784	44,885	34,673	24,766	15,604	6,544	6,611	6,814	6,953	6,561	6,134	5,603	5,512	5,058	4,609	0	0	0
Operating Income (Loss)
5,473	7,277	6,933	6,806	6,113	5,348	4,219	3,447	3,064	2,721	2,130	1,845	1,907	1,851	2,276	2,280	2,371	2,287	2,230	2,402	2,279	2,372	2,152	1,859	1,730	1,551	2,156	1,986	1,707	1,360	1,248	1,161	1,056	1,237	1,220	1,150	1,069	1,044	893	906	0	0	0
OTHER INCOME (EXPENSE):
Interest expense, net of interest capitalized
2,343	2,331	2,291	2,247	2,179	2,055	1,993	1,948	1,915	1,922	1,900	1,884	1,850	1,804	1,745	1,713	1,678	1,622	1,574	1,488	1,424	1,368	1,323	1,265	1,226	1,221	1,199	1,138	1,115	1,018	928	885	785	740	707	723	671	625	580	490	0	0	0
Bridge loan related fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62	62	62	62	0	0	0	0	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
230	302	310	315	330	344	174	179	136	144	293	250	296	270	197	258	280	276	351	325	285	332	319	273	250	236	276	259	227	212	152	159	166	117	106	100	84	65	50	29	0	0	0
Impairment of investments in unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on deconsolidation of Propane Business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,057	1,057	1,057	1,056	0	0	0	0	-	-	-	-	-	-
Gain on sale of AmeriGas common units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	177	177	250	157	87	87	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Losses on extinguishments of debt
-62	-18	-24	-24	-24	-112	-170	-170	-170	-89	-25	-25	-25	0	-10	-43	0	-	0	0	-	-	0	-	-	-	0	0	-	-123	-123	-123	-115	0	0	0	0	-	-	-	-	-	-
Losses on interest rate derivatives
-496	-241	-441	-221	-79	47	108	55	10	-37	139	119	63	-12	-183	-219	-11	-18	-98	-59	-232	-157	-75	-47	45	53	59	50	-40	-19	-35	-98	-52	-78	-48	-11	-36	-52	-104	-22	0	0	0
Losses on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-1	0	0	0
Allowance for equity funds used during construction
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Impairments of investments in affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Other, net
112	105	64	48	1	62	175	188	246	206	155	156	125	124	62	38	29	20	81	35	-7	-12	-39	9	20	-1	2	-34	-1	30	26	57	41	17	2	-10	-18	-4	15	0	0	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
2,914	5,094	4,551	4,677	4,162	3,634	2,195	1,438	1,058	710	880	236	291	204	299	634	948	900	920	1,171	983	1,319	890	756	646	375	1,374	1,116	771	1,437	1,332	1,264	1,303	548	555	487	358	359	220	368	0	0	0
Income tax expense
97	195	212	106	140	4	-1,741	-1,846	-1,881	-1,833	-193	-125	-165	-258	-267	-141	-190	-123	47	66	192	325	228	221	240	93	157	134	50	54	31	8	9	17	21	19	18	14	7	8	0	0	0
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-	-	0	0	-	-	0	0	0	-	0	0	0	-	0	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	0	-
Loss from discontinued operations
-	-	0	-2	-	-265	-255	-236	-403	-177	-175	0	0	-	0	-	-	-	-	-	-	130	55	68	35	33	71	-84	-86	-109	-137	0	0	-	0	-	-	-	0	0	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
2,817	4,899	4,339	4,569	3,994	3,365	3,681	3,048	2,536	2,366	397	-320	-17	0	631	828	1,176	1,061	937	1,169	897	1,124	717	603	441	315	1,288	898	635	1,274	1,163	1,258	1,289	528	524	459	332	337	213	359	0	0	0
Less: Net income (loss) attributable to noncontrolling interests
838	1,256	1,151	1,842	1,803	1,632	2,329	1,827	1,458	1,412	-539	-1,213	-939	-995	-445	-332	-41	-128	-51	286	148	491	369	292	167	119	871	597	407	970	822	883	902	218	224	243	163	144	49	76	0	0	0
Less: Net income attributable to redeemable noncontrolling interests
50	51	65	65	52	39	12	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS
1,929	3,592	3,123	2,662	2,139	1,694	1,340	1,221	1,078	954	936	893	922	995	1,076	1,160	1,217	1,189	988	883	749	633	348	311	274	196	417	301	228	304	340	375	387	310	300	215	168	193	163	283	0	0	0
Net Income (Loss) Allocated to General Partners
2	4	3	3	3	3	3	3	2	2	3	2	3	3	3	4	3	3	5	4	3	2	0	-1	0	0	-2	-1	-1	-2	-1	-1	-1	-1	-1	-1	-0	-1	-0	-0	0	0	0
Convertible Unitholders’ interest in net income
-	-	0	0	-	33	45	56	52	37	31	22	15	9	3	1	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class D Unitholders interest in net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	2	2	2	1	1	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Limited Partners’ interest in net income (loss)
1,927	3,588	3,120	2,659	2,124	1,658	1,292	1,162	1,024	915	902	869	904	983	1,069	1,153	1,212	1,183	982	879	744	629	347	309	273	196	415	300	227	302	339	373	385	309	298	214	167	192	163	282	0	0	0
INCOME FROM CONTINUING OPERATIONS PER LIMITED PARTNER UNIT (USD $ per unit):
Income (Loss) from Continuing Operations, Per Outstanding Limited Partnership Unit, Basic, Net of Tax
-0.32	0.41	0.32	0.33	0.31	0.22	0.32	0.31	0.32	0.22	0.22	0.20	0.22	-	-	-	-	-	-	-	-	-0.05	0.17	0.15	0.30	-0.45	0.26	0.22	0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Per Outstanding Limited Partnership Unit, Diluted
-0.32	0.40	0.32	0.33	0.31	0.21	0.32	0.31	0.32	0.22	0.22	0.19	0.21	-	-	-	-	-	-	-	-	-0.05	0.17	0.15	0.30	-0.45	0.26	0.22	0.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) PER LIMITED PARTNER UNIT:
Net Income (Loss), Per Outstanding Limited Partnership Unit, Basic, Net of Tax
-0.32	0.41	0.32	0.33	0.31	0.22	0.32	0.31	0.31	0.22	0.22	0.19	0.22	0.21	0.20	0.23	0.30	0.29	0.28	0.28	0.26	-0.04	0.17	0.15	0.30	-0.48	0.27	0.23	0.16	-	-	-	-	-	0.31	-	-	0.35	-0.07	0.09	0.50	0.21	0.47
Diluted
-0.32	0.40	0.32	0.33	0.31	0.21	0.32	0.31	0.31	0.22	0.22	0.18	0.21	0.20	0.19	0.23	0.30	0.29	0.28	0.28	0.26	-0.04	0.17	0.15	0.30	-0.48	0.27	0.23	0.16	-	-	-	-	-	0.32	-	-	0.35	-0.07	0.09	0.50	0.21	0.47
BASIC AVERAGE NUMBER OF UNITS OUTSTANDING
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	222	222	-	222	222	222	222	222,898
DILUTED AVERAGE NUMBER OF UNITS OUTSTANDING
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	222	222	-	222	222	222	222	222,898
Refined product sales
Revenue
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Crude sales
Revenue
15,935	15,917	14,923	14,796	14,694	14,425	14,782	13,319	11,420	10,706	9,901	9,169	8,538	7,205	6,202	6,413	7,379	8,378	10,142	12,779	14,531	16,416	17,091	16,809	16,369	15,477	14,280	10,065	6,073	2,872	0	0	0	-	-	-	-	-	-	-	-	-	-
NGL sales
Revenue
7,577	8,290	8,646	9,793	10,153	9,986	10,460	9,339	8,470	7,781	6,284	5,784	5,447	4,841	4,344	4,056	3,894	3,935	4,324	5,160	5,572	5,845	5,601	4,772	4,159	3,618	3,016	2,633	2,438	2,253	2,225	2,147	1,968	1,716	0	0	0	-	-	-	-	-	-
Natural gas sales
Revenue from Contract with Customer, Including Assessed Tax
-	-	-	-	-	-	-	-	-	4,172	4,148	4,120	3,793	3,619	3,381	3,271	3,474	3,671	4,197	4,527	4,991	5,386	5,172	4,797	4,299	3,842	3,666	3,485	3,175	2,705	2,451	2,514	2,775	2,982	0	0	0	-	-	-	-	-	-
Revenue
16,376	16,752	16,895	17,099	17,360	17,458	5,280	7,334	9,213	11,166	11,774	10,937	10,573	10,097	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Gathering, transportation and other fees
Revenue
9,204	9,086	8,687	8,002	7,634	6,797	6,069	5,356	4,800	4,435	4,298	4,258	4,234	4,172	4,163	4,209	4,157	4,200	4,180	4,064	3,907	3,733	3,464	3,292	3,229	3,097	3,015	2,856	2,637	2,386	2,182	2,034	1,895	1,819	-1,119	-218	465	1,360	4,771	4,339	0	0	0
Other
Revenue
826	873	929	943	910	969	1,354	1,746	2,078	2,263	1,644	1,502	1,173	1,858	1,784	2,974	4,303	4,591	5,494	5,118	4,692	4,191	4,374	4,063	3,885	3,822	3,820	3,009	2,189	1,449	1,895	1,824	1,759	1,673	1,780	1,716	1,672	1,640	104	103	0	0	0