SPECTRA ENERGY PARTNERS, LP SEP Income Statement

Spectra energy partners, lp (SEP)

Income statement / TTM

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
Transportation of natural gas
Transportation of crude oil
Storage of natural gas and other
Operating revenues
Transportation of natural gas
-	1,444	1,407	-	-	2,068	2,005	1,951	1,920	1,899	1,878	1,858	1,827	1,775	1,723	1,685	1,626	1,574	1,527	1,470	2,382	2,078	1,777	1,465	1,445	1,440	1,424	1,412	173	167	170	169	0	0	0
Transportation of crude oil
-	388	391	-	-	387	374	359	352	356	359	357	351	335	315	302	291	285	282	224	151	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Storage of natural gas and other
-	228	231	-	-	231	230	223	232	233	236	240	242	256	256	282	273	267	278	271	487	426	360	289	330	331	332	334	24	26	27	28	0	0	0
Total operating revenues
2,104	2,060	2,029	1,950	2,751	2,686	2,609	2,533	2,504	2,488	2,473	2,455	2,420	2,366	2,294	2,269	2,190	2,126	2,087	1,965	3,021	2,584	2,151	1,754	1,776	1,772	1,756	1,746	197	194	198	197	0	0	0
Operating expenses
Operating, maintenance and other
817	787	805	844	861	889	870	822	801	760	748	750	736	727	715	690	668	656	641	603	904	758	623	521	548	548	550	550	33	32	31	32	0	0	0
Depreciation and amortization
356	353	350	346	340	332	322	314	307	303	299	295	292	291	288	288	286	279	274	262	395	338	282	231	224	224	222	221	32	29	29	29	0	0	0
Property and other taxes
222	204	201	197	182	191	181	169	166	156	140	137	141	136	152	155	152	153	140	127	190	162	132	105	101	101	101	101	10	8	8	7	0	0	0
Total operating expenses
1,395	1,344	1,356	1,387	1,383	1,412	1,373	1,305	1,274	1,219	1,187	1,182	1,169	1,154	1,155	1,133	1,106	1,088	1,055	992	1,490	1,259	1,038	857	874	874	874	872	115	110	110	110	0	0	0
Operating income
709	716	673	563	1,368	1,274	1,236	1,228	1,230	1,269	1,286	1,273	1,251	1,212	1,139	1,136	1,084	1,038	1,032	973	1,531	1,324	1,112	897	908	903	888	880	82	83	87	87	0	0	0
Other income and expenses
Earnings from equity investments
278	358	327	307	274	148	138	127	125	139	154	167	174	161	145	133	117	104	98	89	73	76	77	86	81	82	85	86	103	94	84	75	0	0	0
Other income and expenses, net
59	57	80	117	146	169	151	126	116	101	87	76	61	48	37	31	28	40	50	59	50	28	0	-	0	0	-	27	2	1	0	-	0	0	-
Total other income and expenses
337	415	407	424	420	317	289	253	241	240	241	243	235	209	182	164	145	144	148	148	152	133	118	115	106	108	112	113	105	96	85	75	0	0	0
Interest Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1	0	0	0	-	-	0	-
Interest expense
329	319	294	265	250	228	224	224	225	231	238	239	234	229	228	238	267	318	356	383	682	585	493	407	413	413	411	408	16	13	12	11	0	0	0
Earnings before income taxes
717	812	786	722	1,538	1,363	1,301	1,257	1,246	1,278	1,289	1,277	1,252	1,192	1,093	1,062	962	864	824	738	1,000	872	738	605	601	599	589	586	166	161	157	147	0	0	0
Income tax expense
20	21	19	19	19	19	19	18	17	14	14	12	14	14	11	35	-319	-322	-323	-348	8	11	10	10	1	1	1	1	-0	-0	-0	-0	0	0	0
Net income
697	791	767	703	1,519	1,344	1,282	1,239	1,229	1,264	1,275	1,265	1,238	1,178	1,082	1,027	1,281	1,186	1,147	1,086	588	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Net income attributable to controlling interests
658	752	699	609	1,406	1,221	1,180	1,161	1,164	1,210	1,230	1,225	1,204	1,147	1,055	1,004	1,261	1,169	1,131	1,070	964	838	708	580	585	582	573	570	167	162	157	147	0	0	0
Calculation of Limited Partners Interest in Net Income:
Net income attributable to general partner
85	186	280	369	369	349	331	311	291	276	261	249	236	218	202	187	657	595	537	484	-54	-47	-41	-37	-35	-33	-31	-29	-17	-15	-12	-10	0	0	0
Net income attributable to limited partners
573	566	419	240	1,037	872	849	850	873	934	969	976	968	929	853	817	680	622	616	586	910	791	667	543	550	549	542	541	149	147	145	137	0	0	0
Weighted average limited partner units outstandingbasic and diluted
485	485	445	310	311	310	309	309	304	298	285	292	301	296	295	294	288	286	284	227	113	108	104	99	96	96	96	-	96	90	-	-	-	-	-
Net income per limited partner unitbasic and diluted
0.75	0.78	0.91	-1.87	1.15	0.75	0.74	0.69	0.64	0.71	0.80	0.82	0.85	0.83	0.80	0.80	0.75	0.59	0.70	-	1.40	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions paid per limited partner unit
0.76	0.75	0.73	0.72	0.71	0.70	0.68	0.67	0.66	0.65	0.63	0.62	0.61	0.60	0.58	0.57	0.56	0.55	0.54	0.51	0.50	0.50	0.49	0.49	0.48	0.48	0.47	0.47	0.46	0.46	0.45	0.44	0.43	0.42	0.41
Net Income (Loss) Attributable to Noncontrolling Interest
0	0	-	-	0	0	0	-	65	54	45	-	34	31	27	23	20	17	16	16	12	0	0	-	0	-	-	-	-	-	-	-	-	-	-