| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Method Investment, Other than Temporary Impairment | |||||||||||||||||||||||||||||
1,264,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from Contributions from Parent | |||||||||||||||||||||||||||||
14,000 | - | - | - | 12,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating activities: | |||||||||||||||||||||||||||||
Net income/(loss) | |||||||||||||||||||||||||||||
-2,716,000 | -573,000 | 1,038,000 | 308,000 | 689,000 | 611,000 | 516,000 | 456,000 | 423,000 | 241,000 | 217,000 | 191,000 | 187,000 | 182,000 | 194,000 | 72,000 | -14,000 | 126,000 | 63,000 | 76,000 | 68,000 | 97,300 | 43,100 | 42,900 | 55,700 | 101,700 | 39,200 | 34,800 | 35,300 | 26,300 |
Adjustments to reconcile net income/(loss) to net cash provided by operating activities: | |||||||||||||||||||||||||||||
Amortization of deferred financing costs | |||||||||||||||||||||||||||||
14,000 | 13,000 | 3,000 | 19,000 | 7,000 | 10,000 | 15,000 | 14,000 | 16,000 | 15,000 | 13,000 | 13,000 | 12,000 | 12,000 | 11,000 | 12,000 | 11,000 | 4,000 | 0 | 1,000 | 0 | - | - | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||||||||||||||||||||||
325,000 | 338,000 | 491,000 | 124,000 | 301,000 | 302,000 | 201,000 | 188,000 | 176,000 | 168,000 | 164,000 | 164,000 | 187,000 | 153,000 | 151,000 | 151,000 | 136,000 | 71,000 | 19,000 | 20,000 | 19,000 | 37,500 | 12,500 | 12,400 | 12,600 | 33,700 | 12,700 | 11,900 | 11,700 | - |
Goodwill and Intangible Asset Impairment | |||||||||||||||||||||||||||||
2,165,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | 0 | 0 | 1,000 | 129,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Deferred income taxes | |||||||||||||||||||||||||||||
0 | -3,000 | 3,000 | 0 | -2,000 | 1,000 | 2,000 | 1,000 | 4,000 | -3,000 | 1,000 | 1,000 | 0 | -1,000 | -3,000 | -9,000 | -4,000 | 2,000 | 0 | -1,000 | 0 | - | - | - | - | - | - | - | - | - |
Asset retirement expenditures | |||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 2,000 | 4,000 | 1,000 | 0 | 1,000 | 0 | 1,000 | 2,000 | 2,000 | 2,000 | 0 | - | - | - | - | 1,000 | 100 | 700 | 200 | 4,600 | 1,800 | 1,200 | 400 | - |
(Gain)/loss on disposal of assets | |||||||||||||||||||||||||||||
0 | 3,000 | -1,000 | 5,000 | -1,000 | -2,000 | -1,000 | 0 | 0 | -1,000 | 0 | 0 | 1,000 | 0 | 1,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Loss/(income) from equity method investments(2) | |||||||||||||||||||||||||||||
-1,184,000 | 35,000 | 112,000 | 66,000 | 77,000 | 72,000 | 64,000 | 50,000 | 61,000 | 49,000 | 23,000 | 1,000 | 5,000 | -2,000 | 6,000 | -83,000 | 5,000 | 3,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Distributions from unconsolidated affiliates | |||||||||||||||||||||||||||||
119,000 | 146,000 | 159,000 | 105,000 | 115,000 | 133,000 | 104,000 | 107,000 | 68,000 | 105,000 | 70,000 | 33,000 | 33,000 | 37,000 | 33,000 | 40,000 | 38,000 | 15,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Changes in: | |||||||||||||||||||||||||||||
Current receivables | |||||||||||||||||||||||||||||
-71,000 | 21,000 | 44,000 | -76,000 | -6,000 | -53,000 | 86,000 | 63,000 | 8,000 | -28,000 | 37,000 | 27,000 | -44,000 | 9,000 | 23,000 | 15,000 | 5,000 | 27,000 | 0 | 4,000 | -2,000 | 1,300 | -2,000 | -1,300 | 0 | -2,700 | 1,500 | -1,200 | -3,600 | - |
Inventories | |||||||||||||||||||||||||||||
-3,000 | 6,000 | 4,000 | 3,000 | -4,000 | -5,000 | 5,000 | 7,000 | -2,000 | 0 | 1,000 | 2,000 | 0 | 4,000 | 1,000 | 4,000 | -1,000 | -1,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Fair value of derivatives | |||||||||||||||||||||||||||||
15,000 | -6,000 | 11,000 | 0 | -7,000 | 26,000 | -16,000 | -9,000 | 9,000 | -9,000 | -19,000 | 4,000 | 18,000 | -15,000 | -3,000 | -13,000 | -12,000 | 6,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Materials and supplies inventories | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -400 | 0 | -300 | - | -1,200 | -1,700 | 1,800 | - |
Current accounts payable and accrued liabilities | |||||||||||||||||||||||||||||
-142,000 | 22,000 | -5,000 | -7,000 | -69,000 | -63,000 | 32,000 | 163,000 | -44,000 | 42,000 | 22,000 | 43,000 | -59,000 | 38,000 | 45,000 | 37,000 | -18,000 | -7,000 | 0 | 10,000 | 2,000 | 100 | 2,700 | 500 | -2,300 | -5,700 | 1,600 | 8,200 | -7,100 | - |
Current assets/current liabilities - related parties | |||||||||||||||||||||||||||||
52,000 | 15,000 | 40,000 | -49,000 | 157,000 | -47,000 | 16,000 | -34,000 | 126,000 | 6,000 | -39,000 | -40,000 | 18,000 | -85,000 | 92,000 | 35,000 | -23,000 | 16,000 | -1,000 | 1,000 | 18,000 | -7,800 | 500 | -1,400 | -6,300 | -2,100 | -5,200 | -8,700 | -3,000 | - |
Increase (Decrease) in Other Operating Assets and Liabilities, Net | |||||||||||||||||||||||||||||
4,000 | 2,000 | -3,000 | -3,000 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Prepaid other current assets from related parties | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 1,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred revenue | |||||||||||||||||||||||||||||
27,000 | 42,000 | 29,000 | 16,000 | 13,000 | 31,000 | 14,000 | 9,000 | 7,000 | 9,000 | 9,000 | 8,000 | 7,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All other, net | |||||||||||||||||||||||||||||
30,000 | -14,000 | 27,000 | -19,000 | 15,000 | 10,000 | 9,000 | -17,000 | 3,000 | 8,000 | 3,000 | 8,000 | 9,000 | -2,000 | -4,000 | 5,000 | 17,000 | 5,000 | 3,000 | 0 | -1,000 | 2,000 | 1,800 | -1,300 | -500 | 600 | 1,400 | -3,400 | 2,400 | - |
Net cash provided by operating activities | |||||||||||||||||||||||||||||
1,009,000 | 1,092,000 | 1,538,000 | 599,000 | 853,000 | 1,044,000 | 737,000 | 840,000 | 450,000 | 569,000 | 494,000 | 467,000 | 377,000 | 516,000 | 305,000 | 349,000 | 321,000 | 169,000 | 85,000 | 101,000 | 72,000 | 143,700 | 61,900 | 56,500 | 71,900 | 129,900 | 58,500 | 61,900 | 46,700 | - |
Investing activities: | |||||||||||||||||||||||||||||
Additions to property, plant and equipment | |||||||||||||||||||||||||||||
379,000 | 688,000 | 836,000 | 309,000 | 575,000 | 728,000 | 521,000 | 407,000 | 455,000 | 407,000 | 352,000 | 372,000 | 280,000 | 370,000 | 337,000 | 302,000 | 304,000 | 205,000 | 59,000 | 35,000 | 35,000 | 93,900 | 33,900 | 8,100 | 5,100 | 70,000 | 40,200 | 31,600 | 9,200 | - |
Proceeds from Contributions from Affiliates | |||||||||||||||||||||||||||||
0 | - | - | 5,000 | 1,000 | 0 | 451,000 | 0 | 0 | 0 | 29,000 | 0 | 220,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investments - net related party loans | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | -80,000 | 120,000 | -66,000 | 27,000 | -64,000 | 54,000 | 26,000 | 30,000 | 8,000 | - | - | - | - | - | - | - | - | - |
Disposal of assets | |||||||||||||||||||||||||||||
39,000 | 16,000 | 6,000 | 1,000 | 7,000 | 3,000 | 1,000 | 2,000 | 2,000 | 3,000 | 1,000 | 2,000 | 1,000 | 1,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investments in unconsolidated affiliates | |||||||||||||||||||||||||||||
91,000 | 219,000 | 184,000 | 175,000 | 135,000 | 126,000 | 103,000 | 74,000 | 38,000 | 71,000 | 50,000 | 86,000 | 554,000 | 31,000 | 17,000 | 10,000 | 29,000 | 14,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Distributions from unconsolidated affiliates - return of capital | |||||||||||||||||||||||||||||
69,000 | 16,000 | 0 | 0 | 2,000 | 0 | 1,000 | 15,000 | 0 | 2,000 | 0 | 4,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All other, net | |||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 0 | -1,000 | -1,000 | 1,000 | 0 | 0 | 5,000 | 1,000 | -2,000 | -3,000 | 4,000 | -3,000 | 1,000 | 0 | 0 | -200 | -5,300 | 1,500 | 7,000 | 0 | 0 | 0 | - |
Net cash used in investing activities | |||||||||||||||||||||||||||||
-362,000 | -874,000 | -1,014,000 | -475,000 | -700,000 | -851,000 | -1,073,000 | -464,000 | -490,000 | -472,000 | -431,000 | -450,000 | -955,000 | -525,000 | -289,000 | -337,000 | -266,000 | -1,495,000 | -82,000 | -66,000 | -43,000 | -93,900 | -33,700 | -2,800 | -6,600 | -77,000 | -40,200 | -31,600 | -9,200 | - |
Financing activities: | |||||||||||||||||||||||||||||
Long-term debt - borrowings | |||||||||||||||||||||||||||||
1,325,000 | 500,000 | 6,399,000 | 871,000 | 1,404,000 | 2,741,000 | 1,125,000 | 0 | 9,610,000 | 250,000 | 420,000 | 0 | 2,241,000 | 0 | 0 | 128,000 | 306,000 | 962,000 | 0 | 0 | 528,000 | 890,000 | 0 | 0 | 270,000 | 0 | 0 | 0 | 0 | - |
Long-term debt - repayments | |||||||||||||||||||||||||||||
581,000 | 501,000 | 5,762,000 | 840,000 | 821,000 | 2,165,000 | 126,000 | 0 | 4,655,000 | 165,000 | 250,000 | 0 | 1,000 | 0 | 1,000 | 454,000 | 857,000 | 1,025,000 | 1,000 | 0 | 415,000 | 510,400 | 200 | 15,200 | 200 | 400 | 200 | 200 | 200 | - |
Related party debt - borrowings | |||||||||||||||||||||||||||||
1,667,000 | 1,605,000 | 4,642,000 | 1,661,000 | 1,405,000 | 1,567,000 | 1,235,000 | 708,000 | 452,000 | 1,540,000 | 817,000 | 0 | 12,000 | 317,000 | 362,000 | 416,000 | 1,437,000 | 301,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Related party debt - repayments | |||||||||||||||||||||||||||||
2,261,000 | 1,136,000 | 4,561,000 | 1,617,000 | 1,405,000 | 1,566,000 | 1,348,000 | 595,000 | 838,000 | 1,356,000 | 615,000 | 0 | 12,000 | 317,000 | 362,000 | 854,000 | 1,007,000 | 293,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Distributions to noncontrolling interests | |||||||||||||||||||||||||||||
9,000 | 10,000 | 8,000 | 6,000 | 6,000 | 7,000 | 4,000 | 3,000 | 3,000 | 3,000 | 2,000 | 0 | 2,000 | 0 | 2,000 | 0 | 1,000 | 0 | 0 | 1,000 | 0 | 8,700 | 12,500 | 10,900 | 14,900 | 22,100 | 25,000 | 22,100 | 12,800 | - |
Debt issuance costs | |||||||||||||||||||||||||||||
- | - | - | - | - | 23,000 | 0 | 0 | 53,000 | 4,000 | 4,000 | 0 | 21,000 | 0 | 0 | 0 | 0 | 7,000 | 0 | 0 | 4,000 | 3,000 | 0 | 0 | 0 | - | - | - | - | - |
Net proceeds from equity offerings | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 40,000 | 292,000 | 151,000 | 282,000 | 189,000 | 0 | 321,000 | 0 | 0 | 1,000 | 0 | - | - | - | - | - | - | - | - | - |
Distributions to preferred unitholders | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | 17,000 | 16,000 | 16,000 | 16,000 | 17,000 | 16,000 | 16,000 | 9,000 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Distributions of cash received from joint-interest acquisition entities to MPC | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Distributions to MPC for acquisitions | |||||||||||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 4,111,000 | 20,000 | 420,000 | 0 | 1,511,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Distributions related to purchase of additional interest in Pipe Line Holdings | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 600,000 | 0 | 0 | 310,000 | 0 | 0 | 100,000 | 0 | - |
Distributions to MPC from Predecessor | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 113,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net proceeds from initial public offering | |||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 407,100 |
Distributions to unitholders and general partner | |||||||||||||||||||||||||||||
717,000 | 704,000 | 693,000 | 523,000 | 515,000 | 507,000 | 498,000 | 467,000 | 347,000 | 320,000 | 295,000 | 263,000 | 242,000 | 233,000 | 221,000 | 201,000 | 190,000 | 47,000 | 41,000 | 37,000 | 33,000 | 27,800 | 26,500 | 25,000 | 23,700 | 22,600 | 21,500 | 20,600 | 13,300 | - |
Contributions from noncontrolling interests | |||||||||||||||||||||||||||||
0 | 1,000 | 0 | 0 | 94,000 | 3,000 | 3,000 | 4,000 | 1,000 | 1,000 | 0 | 2,000 | 126,000 | 2,000 | 2,000 | 0 | 2,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
All other, net | |||||||||||||||||||||||||||||
-2,000 | -1,000 | -4,000 | -3,000 | -5,000 | 27,000 | -2,000 | -3,000 | -3,000 | -4,000 | -1,000 | -2,000 | -5,000 | -4,000 | -1,000 | 0 | -1,000 | -1,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Net cash used in financing activities | |||||||||||||||||||||||||||||
-605,000 | -244,000 | -499,000 | -230,000 | -116,000 | -147,000 | 366,000 | -373,000 | 37,000 | -97,000 | -351,000 | 12,000 | 607,000 | 31,000 | 157,000 | 19,000 | -94,000 | 1,279,000 | -43,000 | -37,000 | 76,000 | -54,900 | -39,200 | -51,100 | -78,800 | -86,100 | -46,700 | -142,900 | -26,300 | - |
Net (decrease)/increase in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||
42,000 | -26,000 | 25,000 | -106,000 | 37,000 | 46,000 | 30,000 | 3,000 | -3,000 | 0 | -288,000 | 29,000 | 29,000 | 22,000 | 173,000 | 31,000 | -39,000 | -47,000 | -40,000 | -2,000 | 105,000 | -5,100 | -11,000 | 2,600 | -13,500 | -33,200 | -28,400 | -112,600 | 11,200 | - |