Energy transfer operating, l.p. (ETP)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'11Dec'10Dec'09Dec'08
OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

5,186

3,774

2,775

449

1,489

1,299

474

322

348

250

214

Reconciliation of net income (loss) to net cash provided by operating activities:
Loss from discontinued operations

0

-265

-177

-462

-

-

-

-

-

-

-

Depreciation, depletion and amortization

3,124

2,843

2,541

2,201

1,929

1,669

265

86

64

48

40

Deferred income taxes

-221

8

1,841

174

-202

49

-

-

-

-

-

Inventory valuation adjustments

-79

85

-24

-97

-

-

-

-

-

-

-

Amortization included in interest expense

-

-

-

-

36

60

-

-

-

-

-

Inventory, LIFO Reserve, Period Charge

-

-

-

-

-

473

-

-

-

-

-

Deferred income tax expense (benefit)

-

-

-

-

-

-

6

-2

-

-

-

Impairment charge

-

-

-

-

-

-

-

-

-

-

6

Amortization of financing fees and bond discount

-

-

-

-

-

-

-

2

2

2

1

Amortization of bond premium

-

-

-

-

-

-

-23

-

-

-

-

Non-cash compensation expense (Note 14)

-

-

-

-

-

-

14

6

5

5

4

Non-cash compensation expense

111

105

99

93

79

68

-

-

-

-

-

Asset Impairment Charges

74

431

1,039

1,040

339

370

-

-

-

-

-

Gains on acquisitions

-

-

-

83

0

0

-

-

-

-

-

Impairment charge and other matters

-

-

-

-

-

-

0

42

3

-

-

Gain on sale of AmeriGas common units

-

-

-

-

-

177

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-2

-109

-42

0

-43

-25

-

-

-

-

-

Equity Method Investment, Other than Temporary Impairment

0

0

313

308

0

0

-

-

-

-

-

Distributions on unvested awards

-9

-33

-35

29

-16

-16

-

-

-

-

-

Income (Loss) from Equity Method Investments

298

344

144

270

469

332

21

-

-

-

-

Distributions from unconsolidated affiliates

285

328

297

268

440

291

14

-

-

-

-

Other non-cash

-113

113

249

265

22

72

-

-

-

-

-

Increase (Decrease) in Operating Capital

479

-117

173

-303

1,173

320

-

-

-

-

-

Accounts receivable, net

-

-

-

-

-

-

351

647

248

627

-548

Gain on investments in affiliates

-

-

-

-

-

-

-

-

128

-

-

Accounts receivable, affiliated companies

-

-

-

-

-

-

-8

-154

106

-30

15

Inventories

-

-

-

-

-

-

117

108

-38

-3

59

Accounts payable, affiliated companies

-

-

-

-

-

-

2

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

468

548

360

463

-498

Accrued taxes payable

-

-

-

-

-

-

11

18

11

10

-

Unrealized (gains) losses on commodity risk management activities

-

-

-

-

-

-

1

-

-

-

-

Other

-

-

-

-

-

-

0

-9

8

8

2

Accrued taxes

-

-

-

-

-

-

-

-

-

-

-14

Net Cash Provided by (Used in) Operating Activities, Continuing Operations

8,251

7,559

4,817

4,206

2,747

3,169

749

430

341

176

229

INVESTING ACTIVITIES
Cash received for sale of noncontrolling interest

93

0

0

-

-

-

-

-

-

-

-

Capital expenditures

-

-

-

-

-

-

897

213

174

176

146

Cash transferred to ETE in connection with the Sunoco LP Exchange

-

-

-

-

114

0

-

-

-

-

-

Cash paid for acquisition of a noncontrolling interest

-

-

-

-

129

-

-

-

-

-

-

Cash paid for acquisition of a noncontrolling interest

-

-

-

-

-

325

-

-

-

-

-

Cash paid for Susser Merger, net of cash received

-

-

-

-

-

808

-

-

-

-

-

Cash paid for all other acquisitions, net of cash received

7

429

303

330

675

472

-

-

-

-

-

Capital expenditures, excluding allowance for equity funds used during construction

5,936

7,407

8,444

7,755

9,098

5,213

-

-

-

-

-

Contributions in aid of construction costs

80

109

24

71

80

45

-

-

-

-

-

Contributions to unconsolidated affiliates

523

26

268

59

45

399

353

210

189

173

137

Distributions from unconsolidated affiliates in excess of cumulative earnings

-

-

-

-

124

136

-

-

-

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-77

-

-

-

-

-

Distributions from unconsolidated affiliates in excess of cumulative earnings

98

69

135

135

-

-

-

-

-

-

-

Proceeds from the sale of other assets

54

87

45

35

23

61

-

-

-

-

-

Change in restricted cash

-

-

-

-14

-19

-172

-

-

-

-

-

Payments for (Proceeds from) Other Investing Activities

-18

16

-1

0

16

18

-

-

-

-

-

Acquisitions (Notes 3 and 8)

-

-

-

-

-

-

60

396

252

50

-

Change in long-term note receivable

-

-

-

-

-

-

0

-

-

-

-

Acquisitions

-

-

-

-

-

-

-

-

-

-

186

Net Cash Provided by (Used in) Investing Activities, Continuing Operations

-6,123

-6,902

-5,612

-8,957

-7,820

-6,692

-957

-609

-426

-226

-332

FINANCING ACTIVITIES
Advances to affiliated companies, net

-

-

-

-

-

-

183

-

-

-

-

Cash (paid to) received from affiliate notes

-

-

-

-

233

0

-

-

-

-

-

Contributions from general partner

-

-

-

-

-

-

0

2

3

2

3

Common units issued for cash

0

58

2,283

1,098

1,428

1,382

0

-

143

110

-

Proceeds from Issuance of Preferred Limited Partners Units

780

867

1,479

0

0

-

-

-

-

-

-

Payments of statutory withholding on net issuance of limited partner units under LTIP

-

-

-

-

-

-

3

3

2

2

-

Payments of statutory withholding on net issuance of limited partner units under restricted unit incentive plan

-

-

-

-

-

-

-

-

-

-

1

Repayments under credit facilities

-

-

-

-

-

-

119

560

888

687

111

Borrowings under credit facilities

-

-

-

-

-

-

215

529

650

633

343

Proceeds from borrowings

22,583

28,538

29,389

25,560

22,462

15,354

691

-

-

-

-

Repayments of debt

16,874

27,297

29,387

18,866

17,843

12,702

-

-

-

-

-

Repayments of notes payable to related party

1,328

440

423

288

-

0

-

-

-

-

-

Net proceeds from issuance of long-term debt

-

-

-

-

-

-

-

595

494

173

-

Repayments of senior notes

-

-

-

-

-

-

0

-

-

-

-

Cash received from (paid to) related company

-

-

-

-

-

-

-

-100

100

-

-

Cash Inflow from Redeemable Noncontrolling Interest

0

465

0

0

-

-

-

-

-

-

-

Repayment of promissory note to general partner

-

-

-

-

-

-

-

-

-201

-

-

Advances to affiliated companies, net

-

-

-

-

-

-

-

63

21

6

-

Contributions attributable to acquisition from affiliate

-

-

-

-

-

-

9

-

-

-

-

Predecessor units issued for cash

0

0

333

132

34

1,227

-

-

-

-

-

Subsidiary units issued for cash

-

-

-

1,388

1,519

1,244

-

-

-

-

-

Capital contributions from noncontrolling interests

348

649

1,214

236

841

67

-

-

-

-

-

Distributions to partners

6,284

4,556

3,468

3,542

3,134

1,964

-

-

-

-

-

Predecessor distributions to partners

0

-276

-284

-

-

-

-

-

-

-

-

Predecessor distributions to partners

-

-

-

-

202

645

-

-

-

-

-

Distributions to noncontrolling interests

1,399

891

430

726

338

241

13

8

4

-

-

Distributions to redeemable noncontrolling interests

0

24

0

-

-

-

-

-

-

-

-

Distributions on Mandatorily Redeemable Securities

-

-

-

0

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

0

24

0

0

-

-

-

-

-

-

-

Redemption of Legacy ETP Preferred Units

0

0

53

0

0

-

-

-

-

-

-

Debt issuance costs

117

162

83

52

63

63

-

-

-

-

-

Deemed contribution (distribution) to Parent

-

-

-

75

-

-

-

-

-

-

-

Other

-2

85

2

2

0

-41

0

-

-

-

-

Advances to affiliated companies, net

-

-

-

-

-

-

-

-

-

-

6

Net cash used in financing activities

-2,293

-3,308

572

5,017

4,937

3,618

244

182

85

50

103

DISCONTINUED OPERATIONS:
Operating activities

0

-484

136

93

-

-

-

-

-

-

-

Investing activities

0

3,207

-38

-483

-

-

-

-

-

-

-

Changes in cash included in current assets held for sale

0

-11

5

-5

-

-

-

-

-

-

-

Net increase in cash and cash equivalents of discontinued operations

0

2,734

93

-385

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-165

83

-130

-119

-136

95

36

3

-

-

0

Sunoco LP [Member]
Impairment losses

47

-

-

-

-

-

-

-

-

-

-

Impairment losses

47

-

-

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

0

300

0

0

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

0

300

0

0

-

-

-

-

-

-

-

Vitol Acquisition [Member]
Cash paid for all other acquisitions

-

-

-

-769

-

-

-

-

-

-

-

PennTex Acquisition [Member]
Cash paid for all other acquisitions

-

-

-

-299

-

-

-

-

-

-

-

CDM Distribution and USAC Acquisition [Member]
Proceeds from Divestiture of Interest in Joint Venture

0

711

0

0

-

-

-

-

-

-

-

Bakken Pipeline [Member]
Proceeds from Divestiture of Interest in Joint Venture

0

0

2,000

0

-

-

-

-

-

-

-

Rover Pipeline LLC [Member]
Proceeds from Divestiture of Interest in Joint Venture

0

0

1,478

0

-

-

-

-

-

-

-

PennTex [Member]
Cash paid for all other acquisitions

0

0

-280

0

-

-

-

-

-

-

-

Predecessor [Member]
Distributions to noncontrolling interest

-

-

-

245

-

-

-

-

-

-

-

Successor [Member]
Distributions to noncontrolling interest

-

-

-

481

-

-

-

-

-

-

-