Magellan midstream partners, l.p. (MMP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Products and Services [Table]
Revenues

2,727

2,826

2,507

2,205

2,188

2,360

1,947

1,772

1,748

1,557

1,014

1,213

Costs and expenses:
Operating

634

649

577

528

523

500

396

328

306

282

257

264

Cost of product sales

619

704

635

493

447

594

578

657

706

668

280

436

Depreciation, amortization and impairment

246

265

196

178

166

161

142

128

121

108

97

86

General and administrative

196

194

165

147

149

148

132

109

98

95

84

73

Total costs and expenses

1,696

1,813

1,575

1,347

1,287

1,405

1,248

1,222

1,232

1,154

719

861

Other operating income (expense)

2

0

0

-

-

-

-

-

-

-

-

-

Gain on assignment of supply agreement

-

-

-

-

-

-

-

-

-

-

-

26

Earnings of non-controlled entities

168

181

120

78

66

19

6

2

6

5

3

4

Operating profit

1,203

1,194

1,052

936

967

974

705

552

522

408

298

382

Interest expense

221

220

210

194

158

145

132

117

108

96

73

56

Interest capitalized

19

17

15

27

14

22

14

6

3

-2

-3

-4

Interest income

3

3

1

1

1

1

0

0

0

0

0

1

Gain on disposition of assets

28

353

18

28

-

-

-

-

-

-

-

-

Gain on sale of asset

-

-

-

-

0

-

-

-

-

-

-

-

Gain on exchange of interest in non-controlled entity

-

-

-

-

0

0

-

-

-

-

-

-

Debt placement fee amortization expense

-

-

-

-

-

-

-

2

1

1

1

0

Other (income) expense

-11

-13

-4

6

-2

-8

0

0

-

-0

0

0

Income before provision for income taxes

1,022

1,333

873

805

821

844

586

438

415

312

228

332

Provision for income taxes

1

0

3

3

2

4

4

2

1

1

1

1

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

1,020

1,333

869

802

819

839

582

435

-

-

226

330

Limited partners' interest

-

-

-

-

-

-

-

-

413

311

126

87

Non-controlling owners' interest

-

-

-

-

-

-

-

-

0

-0

99

-244

Basic net income per common unit (in dollars per share)

4.46

5.84

3.81

3.52

3.60

3.69

2.57

1.92

1.83

-

2.22

-

Diluted net income per common unit (in dollars per share)

4.46

5.84

3.81

3.52

3.59

3.69

2.56

1.92

1.83

-

2.22

-

Weighted average number of common units outstanding used for basic net income per unit calculation (in shares)

228

228

228

227

227

227

226

226

225

218

57

39

Weighted average number of common units outstanding used for diluted net income per unit calculation (in shares)

228

228

228

228

227

227

227

226

225

219

57

39

General partner's interest

-

-

-

-

-

-

-

-

-

-

-

-2

Basic and diluted net income per limited partner unit

-

-

-

-

-

-

-

-

-

1.42

-

2.21

Service [Member]
Revenues

1,970

1,878

1,731

1,591

1,544

1,459

1,188

970

893

793

678

638

Product [Member]
Revenues

736

927

758

599

629

878

744

799

854

763

334

574

Product and Service, Other [Member]
Revenues

21

20

17

14

13

22

14

1

0

0

0

0