Global Partners LP GLP Balance Sheet

Global partners lp (GLP)

Balance Sheet / 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	Dec'10
Assets
Current assets:
Cash and cash equivalents
54	12	5	10	8	8	12	7	11	14	10	5	14	10	14	8	17	1	0	11	6	5	5	16	13	9	15	9	12	5	1	4	7	4	10	7	2
Accounts receivable, net
189	413	335	373	403	334	407	423	417	417	330	260	312	421	281	358	308	311	376	375	410	457	529	545	644	686	625	584	842	696	680	449	542	621	438	415	553
Accounts receivable-affiliates
10	7	7	4	4	5	5	4	3	3	5	3	2	3	2	3	3	2	5	5	3	3	3	1	1	1	1	1	1	1	1	0	0	1	1	1	1
Inventories
214	450	393	426	464	386	481	338	392	350	280	370	433	521	438	443	402	388	383	429	371	336	455	490	460	572	397	340	428	634	593	504	671	664	598	635	586
Brokerage margin deposits
21	34	24	19	19	14	15	6	14	9	12	9	18	27	18	39	38	31	25	18	33	17	10	20	15	21	40	21	28	54	30	29	36	43	38	36	15
Derivative assets
79	4	9	9	8	26	7	12	9	3	5	6	2	21	24	29	43	66	52	47	57	83	57	29	80	46	37	2	18	48	30	13	26	23	10	1	1
Prepaid expenses and other current assets
109	81	94	87	99	98	89	85	86	77	77	74	71	70	73	67	73	65	65	80	74	54	53	48	48	36	41	45	51	65	62	58	67	61	60	65	36
Total current assets
679	1,004	871	931	1,009	874	1,018	877	936	878	722	730	856	1,075	853	951	887	867	910	967	958	959	1,115	1,153	1,263	1,374	1,159	1,005	1,383	1,506	1,398	1,061	1,354	1,420	1,158	1,163	1,197
Property and equipment, net
1,091	1,104	1,101	1,106	1,113	1,132	1,109	1,005	1,019	1,036	1,038	1,054	1,074	1,099	1,128	1,207	1,217	1,242	1,234	1,240	1,174	825	823	811	799	803	838	787	784	712	700	707	728	408	410	413	422
Right of use assets, net
291	296	299	315	312	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
44	46	49	52	55	58	62	51	53	56	57	59	62	65	67	70	72	75	78	79	80	48	54	58	63	67	73	78	83	60	64	67	65	36	37	39	40
Goodwill
324	324	324	325	326	327	352	310	312	312	291	291	292	294	299	435	435	435	442	443	301	154	154	154	154	154	118	159	159	32	29	19	-	-	-	-	-
Other assets
31	31	32	33	29	30	31	32	33	36	37	60	42	28	35	38	42	42	48	49	54	43	30	30	26	28	17	18	18	17	13	13	13	10	11	13	11
Total assets
2,461	2,808	2,678	2,763	2,845	2,424	2,575	2,278	2,355	2,320	2,148	2,197	2,328	2,564	2,384	2,702	2,655	2,663	2,714	2,781	2,568	2,030	2,177	2,207	2,306	2,427	2,207	2,049	2,429	2,329	2,207	1,869	2,161	1,876	1,617	1,629	1,672
Liabilities and partners' equity
Current liabilities:
Accounts payable
145	373	310	283	343	308	336	256	271	313	241	195	232	320	231	286	255	303	314	332	307	456	545	513	599	781	615	603	947	759	704	407	463	575	362	321	443
Working capital revolving credit facility-current portion
-	-	-	-	-	-	-	-	-	-	39	99	176	-	168	218	185	98	104	118	125	-	113	175	175	-	-	-	-	83	149	97	112	62	211	102	193
Working capital revolving credit facility - current portion
33	148	102	206	219	103	307	198	251	126	-	-	-	274	-	-	-	-	-	-	-	0	0	3	3	3	-	-	-	-	-	-	-	-	-	-	-
Lease liability - current portion
67	68	65	70	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	115	115	115	-	-	-	-	-	-	-	-
Environmental liabilities-current portion
5	5	6	6	6	6	5	5	5	5	5	5	5	5	5	5	5	5	3	3	3	3	3	3	3	3	4	4	4	4	4	4	4	2	2	2	5
Trustee taxes payable
36	42	35	40	39	42	37	43	37	110	97	102	98	101	83	96	88	95	81	94	90	105	82	95	80	80	75	75	78	91	78	84	93	76	65	69	69
Accrued expenses and other current liabilities
70	102	92	82	89	117	97	89	83	99	81	54	59	70	63	48	44	60	71	60	60	82	63	54	56	65	60	76	87	71	59	47	36	41	41	45	30
Derivative liabilities
11	12	7	12	12	4	13	14	12	13	11	4	4	27	24	24	25	31	28	46	48	58	55	36	89	38	38	10	4	34	0	6	13	19	3	1	9
Total current liabilities
369	753	620	701	780	582	798	608	662	668	476	460	577	799	576	679	604	594	603	654	635	707	864	882	1,008	972	909	884	1,237	1,045	997	648	724	778	688	543	751
Working capital revolving credit facility-less current portion
175	175	150	150	150	150	100	100	100	100	100	150	150	150	150	150	150	150	150	150	150	100	92	132	131	327	300	211	201	340	278	312	529	526	340	498	293
Revolving credit facility
242	192	197	212	217	220	244	185	196	196	190	200	200	216	180	213	275	269	268	268	517	133	272	272	434	434	399	374	399	422	422	397	397	205	220	205	300
Senior notes
690	690	690	665	665	664	663	663	662	661	661	660	659	659	658	657	657	656	664	663	368	360	368	367	148	148	68	68	67	-	-	-	-	-	-	-	-
Long-term lease liability-less current portion
234	239	243	255	252	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Environmental liabilities-less current portion
52	54	54	55	56	57	60	50	51	52	52	53	55	57	60	65	66	67	71	71	72	34	36	36	37	36	37	38	38	39	46	46	47	27	27	28	28
Financing obligations
147	148	149	149	149	149	150	150	150	150	152	152	152	152	152	152	89	89	89	89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liabilities
52	42	43	42	42	42	38	38	38	40	64	65	65	66	72	79	83	84	-	-	120	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
55	52	47	45	42	57	53	53	54	56	59	61	62	64	55	56	56	56	149	146	61	45	47	43	42	45	44	41	43	45	33	28	28	24	24	20	21
Total liabilities
2,021	2,349	2,196	2,277	2,356	1,925	2,108	1,848	1,916	1,925	1,756	1,804	1,923	2,166	1,907	2,054	1,983	1,969	1,996	2,044	1,925	1,394	1,680	1,735	1,803	1,964	1,760	1,618	1,989	1,893	1,777	1,433	1,727	1,561	1,300	1,296	1,395
Commitments and contingencies (see Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0
Partners' equity
Global Partners LP equity:
Subordinated unitholders (0 and 5,642,424 units issued and outstanding at December 31, 2011 and 2010)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1
General partner interest (0.67% interest with 230,303 equivalent units outstanding at March 31, 2020 and December 31, 2019)
-3	-2	-2	-2	-2	-2	-2	-2	-2	-2	-2	-2	-2	-2	-2	-1	-1	-1	1	1	1	0	0	0	0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Accumulated other comprehensive loss
-8	-5	-2	-2	-3	-5	-4	-5	-5	-5	-4	-4	-4	-5	-6	-6	-7	-8	-12	-11	-12	-13	-9	-10	-11	-11	-13	-14	-17	-19	-18	-19	-19	-20	-19	-13	-13
Total Global Partners LP equity
438	458	480	484	487	497	464	427	435	390	388	388	400	392	472	605	626	647	670	689	593	586	447	424	455	415	395	389	400	436	429	436	434	315	317	332	276
Noncontrolling interest
1	1	1	1	1	1	2	2	2	3	3	4	4	5	5	42	45	46	47	47	49	49	49	48	48	47	51	41	39	-	-	-	-	-	-	-	-
Total partners' equity
440	459	481	486	489	499	466	429	438	394	391	392	405	397	477	648	671	693	718	737	642	636	497	472	503	463	447	431	440	436	-	-	-	-	-	-	-
Total liabilities and partners' equity
2,461	2,808	2,678	2,763	2,845	2,424	2,575	2,278	2,355	2,320	2,148	2,197	2,328	2,564	2,384	2,702	2,655	2,663	2,714	2,781	2,568	2,030	2,177	2,207	2,306	2,427	2,207	2,049	2,429	2,329	2,207	1,869	2,161	1,876	1,617	1,629	1,672
Series A Preferred Limited Partners
Limited partner interest
67	67	67	67	67	67	67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Limited Partners
Limited partner interest
382	398	418	422	426	437	404	435	443	399	395	395	408	401	480	614	635	657	681	699	605	599	456	434	466	426	409	404	418	456	448	456	454	336	337	346	292