| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||
Net income | ||||||||
703,000 | 1,239,000 | 1,265,000 | 1,027,000 | 1,086,000 | 595,000 | 585,000 | 147,900 | 135,900 |
Depreciation, Amortization and Accretion, Net | ||||||||
338,000 | 320,000 | 304,000 | 296,000 | 266,000 | 240,000 | 223,000 | 29,400 | 28,500 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
Deferred income tax expense | ||||||||
3,000 | 4,000 | 3,000 | 27,000 | -354,000 | 6,000 | -2,000 | -1,000 | 1,200 |
Earnings from equity investments | ||||||||
307,000 | 127,000 | 167,000 | 133,000 | 89,000 | 86,000 | 86,000 | 75,100 | 70,700 |
Distributions from equity investments | ||||||||
152,000 | 110,000 | 160,000 | 131,000 | 97,000 | 90,000 | 91,000 | 81,100 | 74,300 |
Receivables | ||||||||
- | - | - | 18,000 | 11,000 | -11,000 | 9,000 | -2,000 | 4,800 |
Taxes receivable - affiliates | ||||||||
- | - | - | - | - | - | - | 100 | 200 |
Other current assets | ||||||||
31,000 | -5,000 | -5,000 | 5,000 | 73,000 | -3,000 | 11,000 | -100 | 700 |
Accounts payable | ||||||||
-11,000 | 20,000 | -27,000 | 6,000 | 96,000 | 15,000 | -3,000 | 1,900 | -1,000 |
Taxes accrued | ||||||||
-7,000 | -16,000 | 3,000 | 19,000 | 6,000 | 3,000 | -11,000 | -200 | -200 |
Increase (Decrease) in Regulatory Liabilities | ||||||||
860,000 | 0 | 0 | - | - | - | - | - | - |
Other current liabilities | ||||||||
- | - | - | -7,000 | 50,000 | 28,000 | -17,000 | -1,200 | -4,500 |
Other, assets | ||||||||
- | - | - | 26,000 | 61,000 | 25,000 | 7,000 | 100 | -1,300 |
Other, liabilities | ||||||||
- | - | - | 16,000 | 16,000 | 11,000 | 8,000 | 100 | 600 |
Change in operating assets and liabilities | ||||||||
139,000 | 84,000 | 43,000 | - | - | - | - | - | - |
Net cash provided by operating activities | ||||||||
1,610,000 | 1,462,000 | 1,522,000 | 1,333,000 | 1,029,000 | 891,000 | 761,000 | 184,800 | 159,700 |
INVESTING ACTIVITIES | ||||||||
Capital expenditures | ||||||||
1,888,000 | 2,334,000 | 1,883,000 | 1,081,000 | 1,019,000 | 930,000 | 744,000 | 25,800 | 20,300 |
Investments in and loans to unconsolidated affiliates | ||||||||
337,000 | 251,000 | 124,000 | 160,000 | 280,000 | 513,000 | 2,000 | 22,500 | 36,700 |
Purchase of intangible, net | ||||||||
40,000 | 80,000 | 0 | 0 | 2,553,000 | 319,000 | 390,000 | 256,600 | 294,500 |
Distributions from equity investments | ||||||||
33,000 | 50,000 | 450,000 | 163,000 | 83,000 | 16,000 | 16,000 | 6,100 | 70,500 |
Distributions to equity investment | ||||||||
0 | 148,000 | 248,000 | 0 | 0 | - | - | - | - |
Purchases of held-to-maturity securities | ||||||||
20,000 | 39,000 | 44,000 | 43,000 | 51,000 | 0 | 0 | - | - |
Proceeds from sales and maturities of held-to-maturity securities | ||||||||
20,000 | 39,000 | 44,000 | 43,000 | 55,000 | 0 | 0 | - | - |
Other | ||||||||
69,000 | 714,000 | 95,000 | 0 | 5,865,000 | 630,000 | 892,000 | 239,000 | - |
Proceeds from sales and maturities of available-for-sale securities | ||||||||
76,000 | 715,000 | 84,000 | 0 | 6,006,000 | 489,000 | 1,094,000 | 30,000 | 31,600 |
Cash Divested from Deconsolidation | ||||||||
67,000 | 0 | 0 | - | - | - | - | - | - |
Other changes in restricted funds | ||||||||
-1,000 | -9,000 | 14,000 | 0 | 0 | - | - | - | - |
Loan to equity investment | ||||||||
- | - | - | - | 71,000 | 0 | 0 | - | - |
Other | ||||||||
-2,000 | 1,000 | 0 | -1,000 | -6,000 | -7,000 | -17,000 | - | - |
Net cash used in investing activities | ||||||||
-2,289,000 | -2,754,000 | -1,830,000 | -1,077,000 | -3,689,000 | -1,880,000 | -901,000 | -507,800 | -249,400 |
FINANCING ACTIVITIES | ||||||||
Proceeds from the issuance of long-term debt | ||||||||
670,000 | 800,000 | 994,000 | 0 | 2,287,000 | 1,049,000 | 509,000 | 207,200 | - |
Payments for the redemption of long-term debt | ||||||||
822,000 | 280,000 | 32,000 | 441,000 | 46,000 | 490,000 | 238,000 | - | - |
Proceeds from Related Party Debt | ||||||||
- | - | - | - | 17,000 | 31,000 | - | 30,300 | 77,000 |
Net change in credit facility draws and commercial paper borrowings | ||||||||
1,408,000 | 98,000 | -431,000 | 569,000 | 2,000 | 309,000 | 27,000 | - | - |
Payments on notes payable-affiliates | ||||||||
- | - | - | - | - | 34,000 | - | 23,800 | 99,500 |
Net decrease in revolving credit facilities borrowings | ||||||||
- | - | - | - | - | - | -299,000 | 58,600 | - |
Increase (decrease) in notes payableaffiliates | ||||||||
- | - | - | - | - | - | -3,000 | - | - |
Distributions to noncontrolling interests | ||||||||
49,000 | 30,000 | 31,000 | 29,000 | 19,000 | 18,000 | 18,000 | - | - |
Contributions from noncontrolling interests | ||||||||
418,000 | 743,000 | 248,000 | 145,000 | 23,000 | 0 | 0 | - | - |
Proceeds from the issuances of units | ||||||||
174,000 | 1,080,000 | 558,000 | 334,000 | 217,000 | 148,000 | 218,000 | 220,800 | 212,200 |
Payments on notes assumed in acquisition - affiliates | ||||||||
- | - | - | - | - | - | - | 7,400 | - |
Distributions to partners | ||||||||
1,227,000 | 1,061,000 | 961,000 | 815,000 | 266,000 | 214,000 | 189,000 | 145,900 | 118,400 |
Contribution from parent | ||||||||
- | - | - | - | 523,000 | 240,000 | 109,000 | - | - |
Other | ||||||||
-2,000 | -10,000 | -9,000 | 0 | -5,000 | -5,000 | -6,000 | -1,600 | -300 |
Net cash provided by (used in) financing activities | ||||||||
570,000 | 1,340,000 | 336,000 | -237,000 | 2,733,000 | 1,016,000 | 110,000 | 338,200 | 71,000 |
Net increase in cash and cash equivalents | ||||||||
-109,000 | 48,000 | 28,000 | 19,000 | 73,000 | 27,000 | -30,000 | 15,200 | -18,700 |
Cash paid for interest, net of amount capitalized | ||||||||
267,000 | 209,000 | 218,000 | 232,000 | 348,000 | 391,000 | 398,000 | 15,700 | 16,200 |
Cash paid for income taxes | ||||||||
15,000 | 10,000 | 12,000 | 6,000 | 0 | 1,000 | 1,000 | 700 | 100 |
Property, plant and equipment noncash accruals | ||||||||
54,000 | 247,000 | 140,000 | 94,000 | 74,000 | 28,000 | 21,000 | 800 | 700 |
Units issued as partial consideration for acquisitions | ||||||||
- | - | - | 186,000 | 7,751,000 | 56,000 | 0 | 1,400 | - |
Units issued as partial consideration for acquisitions | ||||||||
- | - | - | - | - | - | - | 66,000 | - |