NuStar Energy L.P. NS Balance Sheet

Nustar energy l.p. (NS)

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	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets
Current assets:
Cash and cash equivalents
17	16	15	15	15	11	24	20	15	24	33	29	27	35	32	103	130	118	116	111	78	87	25	49	42	100	24	42	116	83	107	34	37	17	59	128	70	181	85	34	62
Accounts receivable, net of allowance for doubtful accounts of $61 and $72 as of March 31, 2020 and December 31, 2019, respectively
144	152	130	117	163	110	164	141	157	176	152	147	166	170	159	145	133	145	133	164	189	208	220	254	304	281	242	277	336	387	453	487	495	547	467	457	397	302	297	283	211
Receivable from related party
-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	2	0	0	0	0	0	0	0	0	51	26	78	89	109	2	-	-	0	-	-	-	-	-	-	-
Inventories
10	12	10	9	25	8	24	28	29	26	23	25	37	37	35	38	41	38	53	65	43	55	117	112	102	138	122	175	227	173	240	253	774	587	603	667	598	413	501	577	387
Prepaid and other current assets
14	21	31	29	21	17	62	26	25	22	24	28	22	132	26	25	25	31	34	34	24	35	37	40	36	40	41	44	46	65	59	85	51	43	69	61	64	42	47	45	73
Income tax receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	4	3	-	0	0	1	1	0	1	9	4	-	-	-	0	-	-	-
Assets held for sale
-	-	0	301	-	599	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	2	6	19	21	2	2	2	118	-	640	-	0	-	-	-	-	-	-	-
Total current assets
187	203	187	473	225	747	276	217	227	250	233	230	253	377	254	313	333	333	338	375	336	389	407	468	509	633	460	620	820	939	864	1,504	1,368	1,200	1,199	1,315	1,131	939	931	941	734
Property, plant and equipment, at cost
6,224	6,187	6,090	5,981	6,051	5,627	6,601	6,514	6,388	6,243	6,073	5,974	5,490	5,435	5,342	5,294	5,264	5,209	5,136	5,084	4,984	4,815	4,706	4,622	4,551	4,500	4,528	4,419	4,319	4,287	4,171	4,058	4,526	4,413	4,328	4,274	4,134	4,021	3,942	3,849	3,721
Accumulated depreciation and amortization
2,118	2,068	2,014	1,961	1,907	1,853	2,116	2,054	2,001	1,942	1,885	1,827	1,766	1,712	1,669	1,620	1,577	1,525	1,480	1,443	1,392	1,354	1,315	1,277	1,231	1,190	1,167	1,119	1,080	1,049	1,016	979	1,026	982	943	912	873	833	798	760	693
Property, Plant and Equipment, Net
4,105	4,118	4,075	4,020	4,144	3,774	4,484	4,459	4,387	4,300	4,188	4,147	3,723	3,722	3,672	3,674	3,686	3,683	3,656	3,641	3,592	3,460	3,391	3,345	3,320	3,310	3,361	3,300	3,239	3,238	3,155	3,079	3,499	3,430	3,385	3,361	3,260	3,187	3,144	3,089	3,028
Intangible assets, net
668	681	694	707	720	733	745	758	771	784	797	857	119	127	101	105	108	112	115	118	128	58	61	64	68	71	81	85	88	92	26	28	36	38	42	46	60	43	47	49	44
Goodwill
780	1,005	1,005	1,005	1,005	1,005	1,094	1,094	1,094	1,097	1,095	1,023	696	696	696	696	696	696	704	704	704	617	617	617	617	617	950	948	950	951	822	822	849	846	846	848	843	813	812	812	807
Investment in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	74	72	72	70	68	70	77	87	102	116	68	69	66	67	67	69	69	68	68	68
Deferred income tax asset
-	-	-	-	-	-	0	0	0	0	1	1	1	2	2	2	0	2	3	3	4	4	4	5	4	5	5	4	3	3	2	0	10	9	9	10	7	8	8	8	13
Note receivable from related party, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	165	146	193	159	95	170	-	-	0	-	-	-	-	-	-	-
Other long-term assets, net
134	176	172	172	220	88	118	116	105	101	102	98	100	105	263	263	269	296	317	329	318	314	320	322	324	159	165	183	196	189	206	214	249	288	296	246	293	325	178	81	77
Assets
5,877	6,185	6,135	6,379	6,316	6,349	6,720	6,646	6,586	6,535	6,418	6,359	4,895	5,030	4,990	5,055	5,095	5,125	5,135	5,173	5,084	4,918	4,877	4,895	4,914	5,032	5,242	5,413	5,547	5,613	5,363	5,717	6,083	5,881	5,848	5,896	5,665	5,386	5,191	5,050	4,774
Liabilities, Mezzanine Equity and Partners’ Equity
Current liabilities:
Accounts payable
74	109	102	128	176	103	154	127	122	145	97	92	98	118	105	96	100	125	97	107	114	162	177	172	196	298	222	319	428	397	439	423	528	454	461	509	359	282	272	294	205
Payable to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	14	16	20	16	15	14	14	13	8	19	10	11	1	13	17	15	6	12	15	12	10	23	24	10
Short-term debt and current portion of finance leases
14	10	15	10	9	18	10	63	70	35	68	45	72	54	7	0	81	84	42	46	46	77	21	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20
Current portion of long-term debt
0	452	453	-	-	0	0	0	349	349	350	403	-	0	-	-	-	-	-	-	-	-	-	-	-	-	33	31	282	286	517	517	831	364	355	255	0	0	0	0	0
Accrued interest payable
40	37	40	38	31	36	30	36	43	40	41	40	27	34	27	33	27	34	27	33	27	33	27	33	27	33	26	25	30	23	23	27	24	29	23	29	23	29	24	21	21
Accrued liabilities
104	104	99	69	82	74	97	64	47	61	60	55	39	60	52	47	43	55	50	48	39	61	39	37	29	38	37	41	80	124	97	119	75	71	110	59	53	57	46	32	64
Taxes other than income tax
8	12	15	14	16	16	19	16	12	14	19	16	12	15	16	12	13	12	17	13	12	14	15	10	8	9	13	8	7	9	15	14	13	13	16	14	9	10	14	12	15
Income tax payable
5	4	3	1	5	4	4	3	6	4	2	0	3	6	2	3	6	5	2	1	3	2	4	2	5	4	3	3	4	2	2	2	4	3	2	1	2	1	2	1	0
Liabilities held for sale
-	-	0	68	-	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
247	731	730	332	321	323	317	311	652	651	641	654	254	289	211	194	272	332	255	271	260	365	299	271	281	392	356	440	846	845	1,110	1,122	1,492	943	983	885	461	393	384	387	338
Long-term debt, less current portion
3,374	2,934	2,898	3,456	3,333	3,111	3,376	3,380	3,306	3,263	3,232	3,073	2,951	3,014	3,153	3,205	3,125	3,055	3,109	3,074	2,987	2,749	2,731	2,726	2,710	2,655	2,439	2,469	2,136	2,124	1,518	2,106	1,690	1,928	2,170	2,186	2,361	2,136	1,989	1,845	1,828
Deferred income tax liability
10	12	12	12	11	12	23	23	23	22	23	22	22	22	26	26	25	24	24	25	24	27	27	29	28	27	29	30	30	32	30	31	36	35	35	36	34	29	29	28	26
Long-term payable to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	32	30	36	35	33	30	40	39	41	29	26	18	18	16	15	13	14	11	11	10	10	9	8	7
Other long-term liabilities
149	148	148	176	193	79	96	105	112	118	102	107	96	92	129	138	113	70	61	51	50	27	19	18	11	11	6	6	6	7	15	19	86	95	122	118	118	114	87	84	87
Total liabilities
3,783	3,827	3,788	3,977	3,859	3,527	3,814	3,819	-	4,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commitments and contingencies (Note 6)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-
Temporary Equity, Carrying Amount, Attributable to Parent
586	581	577	572	568	563	559	370	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Partners’ equity (Note 9):
Preferred limited partners
-	-	-	-	756	-	756	756	-	756	-	-	218	218	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common limited partners (109,194,072 and 108,527,806 common units outstanding as of March 31, 2020 and December 31, 2019, respectively)
855	1,087	1,092	1,140	1,192	1,556	1,652	1,740	1,772	1,770	1,873	1,958	1,409	1,455	1,565	1,582	1,625	1,661	1,699	1,731	1,774	1,744	1,788	1,823	1,864	1,921	2,374	2,438	2,501	2,573	2,679	2,426	2,755	2,817	2,553	2,561	2,548	2,598	2,626	2,636	2,423
General partner
-	-	-	-	-	-	0	25	26	37	39	41	32	31	34	34	35	36	37	38	39	39	40	41	42	43	53	54	56	57	60	54	61	62	56	56	56	57	58	58	53
Accumulated Other Comprehensive Income (Loss), Net of Tax
-104	-67	-79	-67	-59	-54	-61	-66	-64	-84	-83	-89	-90	-94	-129	-126	-103	-88	-83	-57	-88	-67	-60	-56	-64	-63	-57	-63	-60	-58	-80	-72	-65	-27	-97	26	57	46	5	0	7
Total partners’ equity
1,507	1,776	1,769	1,829	1,888	2,257	2,346	2,456	2,492	2,480	2,419	2,501	1,570	1,611	1,469	1,489	1,557	1,609	1,653	-	-	1,716	1,768	1,808	1,842	1,902	2,370	2,429	2,497	2,572	2,659	2,408	2,751	2,852	2,512	2,644	2,663	2,702	2,690	2,694	2,484
Noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	1	10	11	12	12	12	12	13	12	12	14	15	0	-	-	-
Total partners equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,713	1,725	-	1,768	1,809	1,843	1,903	2,380	2,440	2,509	2,584	2,672	2,421	2,764	2,864	2,525	2,658	2,678	2,702	-	-	-
Total liabilities, mezzanine equity and partners’ equity
5,877	6,185	6,135	6,379	6,316	6,349	6,720	6,646	6,586	6,535	6,418	6,359	4,895	5,030	4,990	5,055	5,095	5,125	5,135	5,173	5,084	4,918	4,877	4,895	4,914	5,032	5,242	5,413	5,547	5,613	5,363	5,717	6,083	5,881	5,848	5,896	5,665	5,386	5,191	5,050	4,774
Series A Preferred Limited Partner [Member]
Preferred limited partners
218	218	218	218	218	218	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B Preferred Limited Partner [Member]
Preferred limited partners
371	371	371	371	371	371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series C Preferred Limited Partner [Member]
Preferred limited partners
166	166	166	166	166	166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-