PLAINS ALL AMERICAN PIPELINE LP PAA Cash Flow

Plains all american pipeline lp (PAA)

CashFlow / Quarterly

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	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income/(loss)
-2,845,000	308,000	454,000	448,000	970,000	1,117,000	711,000	100,000	288,000	191,000	34,000	189,000	444,000	128,000	298,000	101,000	203,000	247,000	251,000	124,000	284,000	390,000	324,000	287,000	385,000	317,000	237,000	301,000	536,000	330,000	173,000	387,000	237,000	288,000	288,000	233,000	185,000	146,000	84,000	133,000	151,000	110,000	123,000	136,000	211,000
Reconciliation of net income/(loss) to net cash provided by operating activities:
Depreciation and amortization
168,000	162,000	156,000	147,000	136,000	135,000	129,000	129,000	127,000	116,000	151,000	129,000	121,000	163,000	32,000	205,000	114,000	113,000	107,000	108,000	104,000	91,000	97,000	100,000	96,000	100,000	92,000	91,000	82,000	126,000	210,000	86,000	60,000	58,000	65,000	63,000	63,000	64,000	61,000	64,000	67,000	63,000	59,000	56,000	58,000
(Gains)/losses on asset sales and asset impairments, net (Note 14)
-619,000	-	-	-	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment losses (Note 6)
2,515,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity-indexed compensation expense/(benefit)
-4,000	3,000	7,000	7,000	17,000	20,000	23,000	19,000	17,000	8,000	11,000	10,000	12,000	20,000	14,000	22,000	4,000	0	-9,000	17,000	19,000	8,000	22,000	34,000	34,000	20,000	18,000	27,000	51,000	19,000	22,000	21,000	39,000	54,000	10,000	26,000	20,000	48,000	17,000	14,000	19,000	21,000	17,000	19,000	11,000
Inventory valuation adjustments
232,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,000	1,000	0	24,000	252,000	0	0	37,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense/(benefit)
15,000	-16,000	22,000	-46,000	-6,000	131,000	-24,000	-23,000	48,000	-5,000	-44,000	9,000	56,000	-30,000	-3,000	-15,000	-12,000	22,000	6,000	14,000	-26,000	72,000	10,000	6,000	12,000	-11,000	-7,000	10,000	7,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of linefill and base gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	1,000	4,000	12,000	2,000	4,000	2,000	13,000	-	-	-	-	-	-	-	-
Loss on foreign currency revaluation
-46,000	-	-	-	-4,000	-	-	-	-8,000	-	-	-	3,000	-	-3,000	-1,000	3,000	-	-6,000	-1,000	27,000	-	-15,000	10,000	-5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of terminated interest rate hedging instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-89,000	0	0	-23,000	0	0	0	12,000	-	-	-	-	-	-	-	-
Change in fair value of Preferred Distribution Rate Reset Option (Note 10)
26,000	-	-	-	23,000	-	-	-	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity earnings in unconsolidated entities
110,000	114,000	102,000	83,000	89,000	94,000	110,000	96,000	75,000	89,000	80,000	68,000	53,000	62,000	46,000	40,000	47,000	49,000	45,000	52,000	37,000	35,000	29,000	24,000	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions on earnings from unconsolidated entities
125,000	94,000	107,000	102,000	98,000	98,000	118,000	105,000	101,000	82,000	86,000	84,000	52,000	65,000	50,000	49,000	52,000	55,000	57,000	48,000	54,000	31,000	23,000	26,000	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain on)/impairment of investments in unconsolidated entities, net (Note 7)
-22,000	-	-	-	267,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-5,000	1,000	-14,000	-1,000	-7,000	-17,000	-9,000	-6,000	-7,000	22,000	-14,000	5,000	-10,000	-10,000	-7,000	0	-6,000	16,000	-1,000	0	6,000	-14,000	-5,000	-11,000	6,000	-	-	-	1,000	3,000	0	-1,000	4,000	-9,000	2,000	-5,000	-3,000	-8,000	-14,000	11,000	-3,000	58,000	-38,000	3,000	-4,000
Changes in assets and liabilities, net of acquisitions:
Trade accounts receivable and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-341,000	-	-	-	-420,000
Inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89,000	-	-	-	-121,000
Trade accounts payable and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-95,000	-	-	-	-348,000
Deferred gains on settled hedges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,000
Changes in assets and liabilities, net of acquisitions
-128,000	-	295,000	138,000	-182,000	-	366,000	-333,000	4,000	-	-305,000	-288,000	-177,000	-	77,000	499,000	-318,000	-	-206,000	303,000	-343,000	-	152,000	274,000	-254,000	-	89,000	63,000	-304,000	-	-127,000	600,000	-20,000	-	-405,000	4,000	-384,000	-	-	-	-	-	-	-	-
Net cash provided by operating activities
890,000	726,000	314,000	431,000	1,033,000	1,314,000	279,000	494,000	521,000	581,000	457,000	645,000	816,000	85,000	261,000	-248,000	635,000	136,000	562,000	-72,000	732,000	726,000	315,000	141,000	822,000	360,000	257,000	358,000	979,000	360,000	532,000	31,000	317,000	613,000	780,000	318,000	654,000	-204,000	180,000	-108,000	391,000	18,000	60,000	-191,000	478,000
CASH FLOWS FROM INVESTING ACTIVITIES
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,632,000	0	0	-2,000	-18,000	-	-	-	-	-	-	-	-
Cash paid in connection with acquisitions, net of cash acquired (Note 14)
308,000	-	-	-	-	-	-	-	-	-2,000	1,000	27,000	1,254,000	0	197,000	0	85,000	1,000	40,000	0	64,000	-	-	-	-	0	-3,000	0	31,000	619,000	3,000	1,513,000	21,000	632,000	7,000	-5,000	756,000	-	-	-	-	-	-	-	-
Investments in unconsolidated entities
147,000	157,000	108,000	134,000	125,000	168,000	84,000	176,000	40,000	60,000	106,000	127,000	123,000	130,000	51,000	45,000	75,000	40,000	94,000	54,000	65,000	60,000	31,000	41,000	26,000	9,000	12,000	64,000	48,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property, equipment and other
245,000	262,000	277,000	362,000	280,000	450,000	460,000	458,000	266,000	246,000	229,000	274,000	275,000	304,000	331,000	327,000	372,000	462,000	586,000	590,000	441,000	508,000	506,000	450,000	468,000	396,000	432,000	422,000	363,000	352,000	308,000	281,000	263,000	186,000	162,000	166,000	121,000	128,000	108,000	111,000	104,000	106,000	126,000	112,000	116,000
Cash received for sale of noncontrolling interest in a subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	26,000
Proceeds from sales of assets (Note 14)
104,000	-	-	-	-	36,000	872,000	343,000	83,000	676,000	18,000	228,000	161,000	16,000	247,000	145,000	246,000	1,000	2,000	1,000	1,000	26,000	-1,000	1,000	2,000	138,000	59,000	1,000	2,000	1,000	2,000	6,000	13,000	-	-	-	-	-	-	-	-	-	-	-	-
Net cash received/(paid) for sales and purchases of linefill and base gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	-25,000	19,000	-	-	-	-	-	-	-	-
Cash received from sales of linefill and base gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	12,000	11,000	-	11,000	5,000	9,000	10,000	6,000	19,000	30,000	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for purchases of linefill and base gas
5,000	41,000	9,000	8,000	16,000	-	-	-	-	-	-	-	-	-	-	-	-	2,000	6,000	29,000	96,000	2,000	19,000	96,000	44,000	61,000	37,000	11,000	13,000	15,000	65,000	12,000	17,000	-	-	-	-	-	-	-	-	-	-	-	-
Net repayments under PNG credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-350,000	4,000	-63,000	27,000	7,000	17,000	42,000	-5,000	69,000	27,000	18,000	-52,000	-	-	-	-	-	-	-	-
Other investing activities
9,000	4,000	1,000	0	8,000	2,000	16,000	-6,000	-2,000	-	-	-	-	-6,000	0	8,000	1,000	-42,000	2,000	5,000	1,000	-	-	-	-1,000	-	-	-	-	-	-	-	-	0	1,000	2,000	2,000	6,000	-2,000	-7,000	4,000	-	-1,000	-1,000	-2,000
Net cash used in investing activities
-610,000	-398,000	-389,000	-549,000	-429,000	-629,000	322,000	-285,000	-221,000	393,000	-309,000	-163,000	-1,491,000	-419,000	-332,000	-235,000	-287,000	-461,000	-726,000	-677,000	-666,000	-1,632,000	-563,000	-577,000	-524,000	-313,000	-408,000	-488,000	-444,000	-1,016,000	-338,000	-148,000	-1,890,000	-835,000	-158,000	-185,000	-842,000	-356,000	-117,000	-270,000	-108,000	-249,000	-184,000	-165,000	-88,000
CASH FLOWS FROM FINANCING ACTIVITIES
Net repayments under commercial paper program (Note 8)
-93,000	-	-	-	-	-60,000	-198,000	143,000	-8,000	-575,000	-140,000	-124,000	149,000	53,000	227,000	367,000	-1,211,000	480,000	0	885,000	-734,000	317,000	-339,000	-216,000	-128,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings under senior unsecured revolving credit facility (Note 8)
-	-	-	-	-	-	-	-224,000	350,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-27,000	7,000	-72,000	33,000	-142,000	-16,000	184,000	-15,000	-186,000	62,000	-654,000	330,000	-131,000	77,000	-227,000	-	-	-	-544,000
Net borrowings under senior secured hedged inventory facility (Note 8)
89,000	-	-	-	-	-299,000	-146,000	165,000	-498,000	29,000	457,000	51,000	-501,000	23,000	172,000	552,000	-300,000	-	-	-	-	-	-	-	-	-1,000	-574,000	250,000	-335,000	-28,000	479,000	215,000	-75,000	25,000	-250,000	0	-200,000	100,000	0	0	100,000	-	-	79,000	78,000
Proceeds from the issuance of senior notes (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	749,000	0	0	1,247,000	0	0	0	597,000	-	-	-	-	-	-	-	-
Repayments of senior notes (Note 11)
-	-	-	-	-	-	-	-	-	950,000	0	0	400,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	200,000	-	-	-	-	-	-	-	-
Net proceeds from the sale of Series A preferred units (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,000	1,570,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from the sale of common units (Note 12)
-	-	-	-	-	-	-	-	-	0	0	0	1,664,000	-	-	-	-	0	0	0	1,099,000	193,000	211,000	296,000	148,000	73,000	61,000	200,000	131,000	147,000	277,000	80,000	455,000	386,000	0	0	503,000	-	-	-	-	0	248,000	0	210,000
Contributions from general partner
-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	6,000	0	33,000	0	0	1,000	22,000	4,000	5,000	6,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid to general partner (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	101,000	155,000	154,000	155,000	154,000	152,000	148,000	136,000	129,000	122,000	115,000	107,000	99,000	95,000	90,000	85,000	77,000	73,000	69,000	66,000	59,000	55,000	53,000	49,000	45,000	43,000	122,000	-40,000	235,000	-34,000	-34,000	-30,000
Cash received for sale of noncontrolling interest in a subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	370,000	-	-	-	-	-	-	-	-
Distributions paid to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	0	1,000	-	13,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	12,000	11,000	5,000	-	-	-	-	-	-	-	-
Other financing activities
111,000	-10,000	-97,000	-12,000	57,000	-4,000	-80,000	-3,000	63,000	-	-82,000	-2,000	125,000	-20,000	-12,000	-4,000	-2,000	-16,000	-10,000	-2,000	-3,000	-27,000	6,000	-9,000	-1,000	-	-	-	-	-7,000	-1,000	-1,000	-9,000	-9,000	-2,000	1,000	-4,000	-1,000	0	-2,000	1,000	-	-	-	-
Net cash used in financing activities
-192,000	-916,000	284,000	110,000	-198,000	-642,000	-606,000	-198,000	-311,000	-972,000	-163,000	-474,000	666,000	350,000	68,000	481,000	-343,000	331,000	160,000	315,000	-6,000	1,277,000	256,000	431,000	-307,000	-39,000	168,000	125,000	-535,000	650,000	-177,000	118,000	1,560,000	237,000	-625,000	-128,000	171,000	583,000	-65,000	378,000	-292,000	240,000	136,000	358,000	-396,000
Effect of translation adjustment
-10,000	2,000	-2,000	0	-3,000	-6,000	0	0	-3,000	-	-	-	-	0	0	0	4,000	-1,000	-2,000	4,000	-5,000	-	-	-	-2,000	-	-	-	-	-2,000	3,000	-3,000	1,000	-	-	-	-	-	-	-	-	0	-3,000	-2,000	2,000
Net increase in cash and cash equivalents and restricted cash
78,000	-586,000	207,000	-8,000	403,000	37,000	-5,000	11,000	-14,000	-	-	-	-9,000	16,000	-3,000	-2,000	9,000	5,000	-6,000	-430,000	55,000	369,000	7,000	-3,000	-11,000	-	-	-	-	-8,000	20,000	-2,000	-12,000	12,000	-9,000	4,000	-17,000	23,000	-2,000	-1,000	-9,000	9,000	9,000	0	-4,000
Cash paid for:
Interest, net of amounts capitalized
65,000	134,000	75,000	118,000	70,000	119,000	78,000	127,000	76,000	161,000	73,000	160,000	92,000	137,000	88,000	140,000	85,000	109,000	97,000	116,000	74,000	97,000	76,000	83,000	78,000	75,000	84,000	76,000	70,000	88,000	78,000	51,000	78,000	50,000	81,000	52,000	71,000	62,000	68,000	63,000	60,000	64,000	47,000	55,000	48,000
Income taxes, net of amounts refunded
51,000	26,000	24,000	21,000	65,000	1,000	9,000	2,000	9,000	3,000	13,000	7,000	27,000	20,000	27,000	35,000	16,000	7,000	13,000	19,000	11,000	24,000	31,000	38,000	66,000	18,000	1,000	9,000	9,000	13,000	10,000	20,000	28,000	-	-	-	-	1,000	0	14,000	6,000	-12,000	0	3,000	4,000
Series A Preferred Units
Distributions paid to unitholders (Note 9)
37,000	37,000	38,000	37,000	37,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Units
Distributions paid to unitholders (Note 9)
262,000	263,000	261,000	262,000	218,000	218,000	218,000	217,000	218,000	-	-	-	371,000	227,000	278,000	279,000	278,000	279,000	276,000	272,000	254,000	246,000	238,000	229,000	221,000	206,000	201,000	195,000	189,000	182,000	174,000	169,000	159,000	148,000	147,000	145,000	135,000	130,000	129,000	379,000	-126,000	812,000	-117,000	-117,000	-110,000