Shell Midstream Partners, L.P. SHLX Cash Flow

Shell midstream partners, l.p. (SHLX)

CashFlow / 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
Cash flows from operating activities
Cash flows from operating activities
Net income
551,000	546,000	549,000	558,000	554,000	482,000	437,700	382,200	358,900	392,000	462,300	424,600	407,600	377,500	378,100	406,900	392,900	374,000	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation, amortization and accretion
50,000	49,000	48,000	47,000	47,000	46,000	45,700	45,400	44,700	45,000	49,300	47,700	48,500	43,100	49,000	45,400	38,600	37,900	0	0	0
Non-cash interest expense
-	-	-	-	-	-	-	-	-	0	2,800	2,700	2,600	2,700	0	0	0	-	-	-	-
Loss from revision of asset retirement obligation
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of credit facilities issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Allowance oil reduction to net realizable value
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Undistributed equity earnings
3,000	6,000	9,000	7,000	8,000	6,000	1,100	3,800	4,100	6,000	5,500	1,100	-2,200	-4,100	1,600	3,300	5,300	4,300	0	0	0
Changes in operating assets and liabilities
Accounts receivable
1,000	-7,000	-10,000	6,000	15,000	7,000	18,100	-3,500	-5,500	7,000	8,900	17,100	-500	-300	-3,900	-2,200	7,500	-3,400	0	0	0
Allowance oil
2,000	0	4,000	0	4,000	6,000	4,300	9,700	5,000	3,000	1,900	3,700	1,600	4,000	6,000	3,700	5,800	4,700	0	0	0
Prepaid expenses and other assets
1,000	0	0	0	3,000	4,000	1,200	2,900	3,700	7,000	900	2,700	2,000	100	-1,800	-800	500	700	0	0	0
Accounts payable
0	2,000	-2,000	-7,000	-13,000	-7,000	200	4,400	15,900	8,000	5,400	9,400	-2,400	300	-4,400	-6,200	-1,300	-7,700	0	0	0
Deferred revenue and other unearned income
-1,000	-11,000	-11,000	-12,000	-10,000	-4,000	-12,000	-7,400	-4,500	6,000	22,300	20,000	18,200	7,900	-7,300	-23,000	-22,900	-14,200	0	0	0
Accrued liabilities
-	-	-	-	-	10,000	7,500	13,600	17,200	4,000	1,500	1,500	-900	-2,800	4,800	4,300	4,300	9,100	0	0	0
Net cash provided by operating activities
609,000	597,000	597,000	577,000	548,000	507,000	453,800	424,900	424,900	432,000	526,900	481,800	472,900	429,200	420,500	426,500	395,600	395,800	0	0	0
Cash flows from investing activities
Cash flows from investing activities
Capital expenditures
35,000	38,000	42,000	48,000	50,000	49,000	53,600	57,200	56,500	58,000	59,400	51,900	51,600	45,800	69,300	66,700	53,800	51,700	0	0	0
Contributions to investment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase price adjustment
-	-	-	-	-	-	-	-	-	-	400	400	400	0	0	0	0	-	-	-	-
Return of investment
72,000	66,000	63,000	62,000	45,000	48,000	45,800	40,500	22,200	18,000	19,400	18,300	18,500	15,800	17,600	15,100	13,400	12,500	0	0	0
Payment of pre-IPO distributions from investments to SPLC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,900	0	0	0
Net cash provided by (used in) investing activities
-73,000	-87,000	-89,000	-100,000	-520,000	-511,000	-780,300	-772,300	-503,700	-509,000	-334,300	-364,100	-247,500	-244,800	-265,600	-269,700	-220,200	-230,900	0	0	0
Cash flows from financing activities
Cash flows from financing activities
Net proceeds from equity offerings
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from equity offerings
-	-	-	-	-	-	-	-	-	-	-	-	397,700	818,100	1,114,900	1,114,900	717,200	296,800	0	0	0
Repayments of credit facilities
-	-	-	-	-	1,573,000	1,841,000	1,506,000	1,506,000	533,000	265,000	0	0	410,000	410,000	410,000	410,000	0	0	0	0
Contributions from general partner
-	-	-	-	-	20,000	20,200	25,900	26,000	6,000	5,800	100	1,100	9,800	9,800	9,800	14,800	6,100	0	0	0
Distributions to noncontrolling interests
19,000	17,000	18,000	18,000	17,000	16,000	13,600	14,300	15,300	19,000	29,500	27,500	23,500	30,200	34,400	62,500	60,500	73,200	0	0	0
Distributions to unitholders and general partner
552,000	519,000	500,000	482,000	469,000	423,000	379,600	334,800	292,400	268,000	244,300	225,100	203,200	179,900	156,300	135,000	117,400	96,500	0	0	0
Net distributions to Parent
-	-	-	-	-	-	-	-	-	-66,000	0	0	0	-	-	-	-	-148,100	0	0	0
Other contributions from Parent
12,000	19,000	14,000	16,000	18,000	12,000	11,400	11,600	16,200	18,000	24,900	26,400	15,400	14,400	43,500	40,800	42,200	40,400	0	0	0
Capital lease payments
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-
Credit facility issuance costs
-	-	-	-	-	-	-	-	-	2,000	1,300	1,300	1,300	600	0	0	0	-	-	-	-
Net cash used in financing activities
-470,000	-428,000	-414,000	-395,000	13,000	74,000	352,900	385,900	107,900	92,000	-181,500	-151,500	-209,200	-156,100	-110,800	-100,400	-193,500	-221,300	0	0	0
Net increase in cash and cash equivalents
66,000	82,000	94,000	82,000	41,000	70,000	26,400	38,500	29,100	15,000	11,100	-33,800	16,200	28,300	44,100	56,400	-18,100	-56,400	0	0	0
Non-cash investing and financing transactions:
Change in accrued capital expenditures
-3,000	3,000	-5,000	-5,000	-5,000	-2,000	300	-800	300	0	-3,500	-1,500	5,400	1,100	11,400	11,900	6,400	6,500	0	0	0
Other non-cash contributions from Parent
-	-	-	-	-	2,000	500	900	200	0	1,400	1,200	3,900	200	2,100	1,900	1,900	1,800	0	0	0