Energy transfer lp (ETE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Sunoco LP Series A Preferred Units redemption

-

-

-

-

-

-

-

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

REVENUES:
Retail propane sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

213

220

528

-

183

197

533

162

179

Revenues

11,627

13,720

13,495

13,877

13,121

13,573

14,514

14,118

11,882

11,451

9,984

9,427

9,661

8,977

7,705

7,415

7,695

3,506

10,616

11,594

10,380

10,429

14,987

14,143

13,080

12,607

12,486

12,063

11,179

11,313

2,104

1,877

1,670

2,141

2,084

1,974

1,989

1,733

1,587

1,362

1,871

1,129

1,151

COSTS AND EXPENSES:
Cost of products sold

8,291

10,058

9,890

10,302

9,477

9,977

11,093

11,343

9,245

8,948

7,341

7,167

7,510

6,815

5,776

5,479

5,623

2,262

8,581

9,338

8,487

9,053

13,015

12,351

11,442

11,144

11,064

10,565

9,807

9,883

1,228

962

1,015

1,355

1,347

1,264

1,201

-

-

-

-

-

-

Cost of products sold - natural gas operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

883

723

912

591

542

Cost of products sold - retail propane

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

104

110

304

80

78

Cost of products sold - other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

6

7

6

5

Operating expenses

879

888

806

792

808

809

784

772

724

477

918

648

601

725

526

444

641

306

706

663

628

402

557

428

424

491

419

387

372

504

208

236

170

270

230

222

220

211

208

179

170

158

176

Depreciation, depletion and amortization

867

804

784

785

774

750

750

694

665

677

642

607

628

569

548

537

562

420

524

514

493

421

425

450

373

351

332

318

312

300

211

206

154

146

151

148

139

101

120

98

86

84

79

Selling, general and administrative

204

195

173

179

147

187

184

183

148

119

142

173

165

129

209

150

168

55

155

183

155

116

168

141

131

85

142

149

157

174

98

108

147

27

82

78

63

55

61

65

51

34

54

Impairment losses

1,325

12

12

0

50

431

0

0

0

-

10

89

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

11,566

11,957

11,665

12,058

11,256

12,154

12,811

12,992

10,782

11,161

9,053

8,684

8,904

9,278

7,059

6,610

6,994

3,382

9,966

10,698

9,763

10,362

14,165

13,370

12,370

12,760

11,957

11,419

10,648

10,861

1,745

1,512

1,486

1,801

1,812

1,714

1,624

1,409

1,385

1,183

1,533

956

936

Operating Income (Loss)

61

1,763

1,830

1,819

1,865

1,419

1,703

1,126

1,100

290

931

743

757

-301

646

805

701

124

650

896

617

67

822

773

710

-153

529

644

531

452

359

365

184

340

271

260

364

323

202

179

338

173

215

OTHER INCOME (EXPENSE):
Interest expense, net of interest capitalized

602

584

579

578

590

544

535

510

466

482

490

477

473

460

474

443

427

401

442

408

371

353

356

344

315

308

298

305

310

286

237

282

213

196

193

181

167

164

209

129

121

120

119

Bridge loan related fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

62

0

0

0

0

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

-7

78

82

77

65

86

87

92

79

-84

92

49

87

65

49

95

61

-8

110

117

57

67

84

77

104

54

38

54

90

94

21

22

75

34

28

28

25

24

22

12

6

9

1

Impairment of investments in unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

308

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on deconsolidation of Propane Business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

1,056

0

0

0

0

-

-

-

-

-

-

Gain on sale of AmeriGas common units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

14

93

70

0

87

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Losses on extinguishments of debt

-62

0

0

0

-18

-6

0

0

-106

-64

0

0

-25

0

0

0

0

-

-10

-33

-

-

2

-

-

-

0

-7

-

0

0

-8

-115

0

0

0

0

-

-

-

-

-

-

Losses on interest rate derivatives

-329

130

-175

-122

-74

-70

45

20

52

-9

-8

-25

5

167

-28

-81

-70

-4

-64

127

-77

-84

-25

-46

-2

-2

3

46

6

4

-6

-44

27

-12

-68

1

1

16

-31

-22

-14

-35

49

Losses on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-1

-

-

1

-1

-1

0

Allowance for equity funds used during construction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

Impairments of investments in affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

52

-

-

-

Other, net

3

6

57

46

-4

-35

41

-1

57

78

54

57

17

27

55

26

16

-35

31

17

7

26

-15

-25

2

-1

33

-14

-19

2

-3

19

12

-1

27

2

-12

-15

14

-5

2

4

-0

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

-936

1,393

1,215

1,242

1,244

850

1,341

727

716

-589

584

347

368

-419

-60

402

281

-324

275

716

233

-304

526

528

569

-733

392

418

298

266

134

73

964

161

65

111

208

169

-3

-16

209

30

145

Income tax expense

28

-19

54

34

126

-2

-52

68

-10

-1,747

-157

33

38

-107

-89

-7

-55

-116

37

-56

12

54

56

70

145

-43

49

89

-2

21

26

5

2

-1

3

5

9

2

2

4

5

-3

3

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

1,161

1,208

-

-

1,393

659

726

-

741

314

330

-

29

-

-

-

-

772

221

-

470

458

424

-

343

329

300

-

108

68

962

-

62

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

-

-

-

-5

-20

-

34

-

Loss from discontinued operations

-

-

0

0

-

0

-2

-26

-237

10

17

-193

-11

-

12

-

-

-

-

-

-

64

0

42

24

-11

13

9

22

27

-142

7

-1

-

-1

-

-

-

0

0

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-964

1,412

1,161

1,208

1,118

852

1,391

633

489

1,168

758

121

319

-801

41

424

336

-170

238

772

221

-294

470

500

448

-701

356

338

322

272

-34

75

961

161

60

106

199

158

-4

-20

204

34

141

Less: Net income (loss) attributable to noncontrolling interests

-121

325

317

317

297

220

1,008

278

126

917

506

-91

80

-1,034

-168

183

24

-484

-55

474

-63

-407

282

336

280

-529

205

211

232

223

-69

21

795

75

-8

40

110

81

10

-39

91

-12

37

Less: Net income attributable to redeemable noncontrolling interests

12

13

12

13

13

27

12

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS

-855

1,074

832

878

808

605

371

355

363

251

252

212

239

233

209

241

312

314

293

298

284

113

188

164

168

-172

151

127

90

49

35

54

166

85

69

66

88

76

-15

19

112

46

104

Net Income (Loss) Allocated to General Partners

-1

1

1

1

1

0

1

1

1

0

1

0

1

1

0

1

1

1

1

0

1

3

0

-1

0

1

-1

0

0

-1

0

0

-1

-0

-0

-0

-0

-0

0

-0

-0

-0

-0

Convertible Unitholders’ interest in net income

-

-

0

0

-

0

0

12

21

12

11

8

6

6

2

1

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class D Unitholders interest in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

0

1

1

0

0

1

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Limited Partners’ interest in net income (loss)

-854

1,073

831

877

807

605

370

342

341

239

240

204

232

226

207

239

311

312

291

298

282

111

188

163

167

-171

150

127

90

48

35

54

165

85

68

66

88

75

-15

19

112

46

104

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

3,232

-

4,311

4,477

3,726

-

4,777

4,600

3,603

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Crude sales
Revenue

3,543

4,075

3,971

4,346

3,525

3,081

3,844

4,244

3,256

3,438

2,381

2,345

2,542

2,633

1,649

1,714

1,209

1,630

1,860

2,680

2,208

3,394

4,497

4,432

4,093

4,069

4,215

3,992

3,201

2,872

0

0

0

-

-

-

-

-

-

-

-

-

-

NGL sales
Revenue

1,689

2,169

1,723

1,996

2,402

2,525

2,870

2,356

2,235

2,999

1,749

1,487

1,546

1,502

1,249

1,150

940

1,005

961

988

981

1,394

1,797

1,400

1,254

1,150

968

787

713

548

585

592

528

520

507

412

275

-

-

-

-

-

-

Natural gas sales
Revenue from Contract with Customer, Including Assessed Tax

-

-

-

-

-

-

-

-

-

1,040

1,098

1,022

1,012

1,016

1,070

695

838

778

960

898

1,035

1,304

1,290

1,362

1,430

1,090

915

864

973

914

734

554

503

660

796

815

709

-

-

-

-

-

-

Revenue

588

14,203

822

763

964

14,346

1,026

1,024

1,062

2,168

3,080

2,903

3,015

2,776

2,243

2,539

2,539

-

4,105

4,434

3,656

-

5,165

4,938

4,478

-

4,633

4,650

4,662

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Gathering, transportation and other fees
Revenue

2,385

2,318

2,466

2,035

2,267

1,919

1,781

1,667

1,430

1,191

1,068

1,111

1,065

1,054

1,028

1,087

1,003

1,045

1,074

1,035

1,046

1,025

958

878

872

756

786

815

740

674

627

596

489

470

479

456

412

-2,467

1,380

1,140

1,306

943

948

Other
Revenue

190

174

202

260

237

230

216

227

296

615

608

559

481

-4

466

230

1,166

-78

1,656

1,559

1,454

825

1,280

1,133

953

1,008

969

955

890

1,006

158

135

150

1,452

87

69

63

1,559

23

24

31

23

23