Spectra energy partners, lp (SEP)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Transportation of natural gas
Transportation of crude oil
Storage of natural gas and other
Operating revenues
Transportation of natural gas

1,331

1,951

1,858

1,685

1,470

1,465

1,412

169

150

Transportation of crude oil

394

359

357

302

224

0

0

-

-

Storage of natural gas and other

225

223

240

282

271

289

334

28

28

Total operating revenues

1,950

2,533

2,455

2,269

1,965

1,754

1,746

197

178

Operating expenses
Operating, maintenance and other

844

822

750

690

603

521

550

32

24

Operating, maintenance and other - affiliates

-

-

-

-

-

-

-

40

35

Depreciation and amortization

346

314

295

288

262

231

221

29

28

Property and other taxes

197

169

137

155

127

105

101

7

7

Total operating expenses

1,387

1,305

1,182

1,133

992

857

872

110

96

Gains on Sales of Other Assets and Other, net

-

-

-

-

-

-

6

-

-

Operating income

563

1,228

1,273

1,136

973

897

880

87

82

Other income and expenses
Earnings from equity investments

307

127

167

133

89

86

86

75

70

Other income and expenses, net

117

126

76

31

59

29

27

0

0

Total other income and expenses

424

253

243

164

148

115

113

75

70

Interest Income

-

-

-

-

-

-

1

0

0

Interest expense

265

224

239

238

383

407

408

11

11

Interest Expense - Affiliates

-

-

-

-

-

-

-

4

5

Earnings before income taxes

722

1,257

1,277

1,062

738

605

586

147

137

Income tax expense

19

18

12

35

-348

10

1

-0

1

Net income

703

1,239

1,265

1,027

1,086

595

585

-

-

Net income attributable to controlling interests

609

1,161

1,225

1,004

1,070

580

570

147

135

Calculation of Limited Partners Interest in Net Income:
Net income attributable to general partner

369

311

249

187

484

-37

-29

-10

-5

Net income attributable to limited partners

240

850

976

817

586

543

541

137

130

Weighted average limited partner units outstandingbasic and diluted

310

299

296

288

138

97

93

81

-

Net income per limited partner unitbasic and diluted

0.77

2.84

3.30

2.84

4.25

5.60

5.82

-

-

Distributions paid per limited partner unit

2.83

2.63

2.43

2.24

2.02

1.93

1.84

1.70

1.51

Net Income (Loss) Attributable to Noncontrolling Interest

-

-

-

23

16

15

15

-

-

Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest

94

78

40

-

-

-

-

-

-