XML 94 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Tables)
3 Months Ended
Mar. 31, 2014
Condensed Consolidating Financial Information [Abstract]  
Condensed Consolidating Financial Information
 
Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Balance Sheet
March 31, 2014

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
ASSETS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents and restricted cash
 
$
993.7
 
 
$
45.3
 
 
$
(7.0
)
 
$
1,032.0
 
 
$
--
 
 
$
(0.3
)
 
$
1,031.7
 
 Accounts receivable – trade, net
 
 
1,410.2
 
 
 
3,581.4
 
 
 
(3.5
)
 
 
4,988.1
 
 
 
--
 
 
 
--
 
 
 
4,988.1
 
 Accounts receivable – related parties
 
 
330.9
 
 
 
1,472.0
 
 
 
(1,748.6
)
 
 
54.3
 
 
 
--
 
 
 
(48.8
)
 
 
5.5
 
 Inventories
 
 
612.5
 
 
 
366.5
 
 
 
(1.1
)
 
 
977.9
 
 
 
--
 
 
 
--
 
 
 
977.9
 
 Prepaid and other current assets
 
 
119.2
 
 
 
213.8
 
 
 
(3.4
)
 
 
329.6
 
 
 
0.4
 
 
 
--
 
 
 
330.0
 
Total current assets
 
 
3,466.5
 
 
 
5,679.0
 
 
 
(1,763.6
)
 
 
7,381.9
 
 
 
0.4
 
 
 
(49.1
)
 
 
7,333.2
 
Property, plant and equipment, net
 
 
2,045.3
 
 
 
25,215.7
 
 
 
1.5
 
 
 
27,262.5
 
 
 
--
 
 
 
--
 
 
 
27,262.5
 
Investments in unconsolidated affiliates
 
 
31,585.4
 
 
 
3,233.9
 
 
 
(32,112.9
)
 
 
2,706.4
 
 
 
15,487.5
 
 
 
(15,487.5
)
 
 
2,706.4
 
Intangible assets, net
 
 
76.6
 
 
 
1,373.3
 
 
 
(15.5
)
 
 
1,434.4
 
 
 
--
 
 
 
--
 
 
 
1,434.4
 
Goodwill
 
 
458.8
 
 
 
1,621.1
 
 
 
--
 
 
 
2,079.9
 
 
 
--
 
 
 
--
 
 
 
2,079.9
 
Other assets
 
 
134.0
 
 
 
41.5
 
 
 
(1.5
)
 
 
174.0
 
 
 
0.1
 
 
 
--
 
 
 
174.1
 
Total assets
 
$
37,766.6
 
 
$
37,164.5
 
 
$
(33,892.0
)
 
$
41,039.1
 
 
$
15,488.0
 
 
$
(15,536.6
)
 
$
40,990.5
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIABILITIES AND EQUITY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Current maturities of debt
 
$
900.0
 
 
$
--
 
 
$
--
 
 
$
900.0
 
 
$
--
 
 
$
--
 
 
$
900.0
 
 Accounts payable – trade
 
 
235.8
 
 
 
521.7
 
 
 
(7.0
)
 
 
750.5
 
 
 
0.3
 
 
 
(0.3
)
 
 
750.5
 
 Accounts payable – related parties
 
 
1,609.7
 
 
 
245.6
 
 
 
(1,764.3
)
 
 
91.0
 
 
 
48.8
 
 
 
(48.8
)
 
 
91.0
 
 Accrued product payables
 
 
1,856.0
 
 
 
3,561.1
 
 
 
(4.5
)
 
 
5,412.6
 
 
 
--
 
 
 
--
 
 
 
5,412.6
 
 Accrued interest
 
 
171.7
 
 
 
0.4
 
 
 
--
 
 
 
172.1
 
 
 
--
 
 
 
--
 
 
 
172.1
 
 Other current liabilities
 
 
61.9
 
 
 
239.0
 
 
 
(3.4
)
 
 
297.5
 
 
 
--
 
 
 
(1.7
)
 
 
295.8
 
Total current liabilities
 
 
4,835.1
 
 
 
4,567.8
 
 
 
(1,779.2
)
 
 
7,623.7
 
 
 
49.1
 
 
 
(50.8
)
 
 
7,622.0
 
Long-term debt
 
 
17,452.9
 
 
 
14.9
 
 
 
--
 
 
 
17,467.8
 
 
 
--
 
 
 
--
 
 
 
17,467.8
 
Deferred tax liabilities
 
 
3.9
 
 
 
54.9
 
 
 
(1.6
)
 
 
57.2
 
 
 
--
 
 
 
3.4
 
 
 
60.6
 
Other long-term liabilities
 
 
10.1
 
 
 
168.5
 
 
 
(0.5
)
 
 
178.1
 
 
 
--
 
 
 
--
 
 
 
178.1
 
Commitments and contingencies
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Partners' and other owners' equity
 
 
15,464.6
 
 
 
32,288.0
 
 
 
(32,289.7
)
 
 
15,462.9
 
 
 
15,438.9
 
 
 
(15,462.9
)
 
 
15,438.9
 
 Noncontrolling interests
 
 
--
 
 
 
70.4
 
 
 
179.0
 
 
 
249.4
 
 
 
--
 
 
 
(26.3
)
 
 
223.1
 
Total equity
 
 
15,464.6
 
 
 
32,358.4
 
 
 
(32,110.7
)
 
 
15,712.3
 
 
 
15,438.9
 
 
 
(15,489.2
)
 
 
15,662.0
 
Total liabilities and equity
 
$
37,766.6
 
 
$
37,164.5
 
 
$
(33,892.0
)
 
$
41,039.1
 
 
$
15,488.0
 
 
$
(15,536.6
)
 
$
40,990.5
 
 
Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Balance Sheet
December 31, 2013

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
ASSETS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents and restricted cash
 
$
93.9
 
 
$
49.5
 
 
$
(20.9
)
 
$
122.5
 
 
$
--
 
 
$
--
 
 
$
122.5
 
 Accounts receivable – trade, net
 
 
1,986.8
 
 
 
3,491.1
 
 
 
(2.4
)
 
 
5,475.5
 
 
 
--
 
 
 
--
 
 
 
5,475.5
 
 Accounts receivable – related parties
 
 
384.7
 
 
 
1,348.1
 
 
 
(1,726.0
)
 
 
6.8
 
 
 
0.2
 
 
 
(0.2
)
 
 
6.8
 
 Inventories
 
 
948.5
 
 
 
145.4
 
 
 
(0.8
)
 
 
1,093.1
 
 
 
--
 
 
 
--
 
 
 
1,093.1
 
 Prepaid and other current assets
 
 
140.9
 
 
 
191.4
 
 
 
(6.8
)
 
 
325.5
 
 
 
--
 
 
 
--
 
 
 
325.5
 
Total current assets
 
 
3,554.8
 
 
 
5,225.5
 
 
 
(1,756.9
)
 
 
7,023.4
 
 
 
0.2
 
 
 
(0.2
)
 
 
7,023.4
 
Property, plant and equipment, net
 
 
1,945.0
 
 
 
24,999.7
 
 
 
1.9
 
 
 
26,946.6
 
 
 
--
 
 
 
--
 
 
 
26,946.6
 
Investments in unconsolidated affiliates
 
 
30,819.9
 
 
 
2,921.2
 
 
 
(31,304.0
)
 
 
2,437.1
 
 
 
15,214.5
 
 
 
(15,214.5
)
 
 
2,437.1
 
Intangible assets, net
 
 
76.9
 
 
 
1,385.3
 
 
 
--
 
 
 
1,462.2
 
 
 
--
 
 
 
--
 
 
 
1,462.2
 
Goodwill
 
 
458.9
 
 
 
1,621.1
 
 
 
--
 
 
 
2,080.0
 
 
 
--
 
 
 
--
 
 
 
2,080.0
 
Other assets
 
 
123.5
 
 
 
67.2
 
 
 
(1.4
)
 
 
189.3
 
 
 
0.1
 
 
 
--
 
 
 
189.4
 
Total assets
 
$
36,979.0
 
 
$
36,220.0
 
 
$
(33,060.4
)
 
$
40,138.6
 
 
$
15,214.8
 
 
$
(15,214.7
)
 
$
40,138.7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
LIABILITIES AND EQUITY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Current maturities of debt
 
$
1,125.0
 
 
$
--
 
 
$
--
 
 
$
1,125.0
 
 
$
--
 
 
$
--
 
 
$
1,125.0
 
 Accounts payable – trade
 
 
103.0
 
 
 
641.6
 
 
 
(20.9
)
 
 
723.7
 
 
 
--
 
 
 
--
 
 
 
723.7
 
 Accounts payable – related parties
 
 
1,541.8
 
 
 
333.8
 
 
 
(1,724.9
)
 
 
150.7
 
 
 
--
 
 
 
(0.2
)
 
 
150.5
 
 Accrued product payables
 
 
2,388.6
 
 
 
3,224.5
 
 
 
(4.4
)
 
 
5,608.7
 
 
 
--
 
 
 
--
 
 
 
5,608.7
 
 Accrued interest
 
 
304.2
 
 
 
0.1
 
 
 
--
 
 
 
304.3
 
 
 
--
 
 
 
--
 
 
 
304.3
 
 Other current liabilities
 
 
92.3
 
 
 
242.4
 
 
 
(6.7
)
 
 
328.0
 
 
 
--
 
 
 
(1.5
)
 
 
326.5
 
Total current liabilities
 
 
5,554.9
 
 
 
4,442.4
 
 
 
(1,756.9
)
 
 
8,240.4
 
 
 
--
 
 
 
(1.7
)
 
 
8,238.7
 
Long-term debt
 
 
16,211.6
 
 
 
14.9
 
 
 
--
 
 
 
16,226.5
 
 
 
--
 
 
 
--
 
 
 
16,226.5
 
Deferred tax liabilities
 
 
4.3
 
 
 
55.0
 
 
 
(1.4
)
 
 
57.9
 
 
 
--
 
 
 
2.9
 
 
 
60.8
 
Other long-term liabilities
 
 
11.8
 
 
 
160.5
 
 
 
--
 
 
 
172.3
 
 
 
--
 
 
 
--
 
 
 
172.3
 
Commitments and contingencies
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Partners' and other owners' equity
 
 
15,196.4
 
 
 
31,475.9
 
 
 
(31,482.4
)
 
 
15,189.9
 
 
 
15,214.8
 
 
 
(15,189.9
)
 
 
15,214.8
 
 Noncontrolling interests
 
 
--
 
 
 
71.3
 
 
 
180.3
 
 
 
251.6
 
 
 
--
 
 
 
(26.0
)
 
 
225.6
 
Total equity
 
 
15,196.4
 
 
 
31,547.2
 
 
 
(31,302.1
)
 
 
15,441.5
 
 
 
15,214.8
 
 
 
(15,215.9
)
 
 
15,440.4
 
Total liabilities and equity
 
$
36,979.0
 
 
$
36,220.0
 
 
$
(33,060.4
)
 
$
40,138.6
 
 
$
15,214.8
 
 
$
(15,214.7
)
 
$
40,138.7
 
 
Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Statement of Operations
Three Months Ended March 31, 2014

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
Revenues
 
$
9,490.9
 
 
$
8,110.6
 
 
$
(4,691.6
)
 
$
12,909.9
 
 
$
--
 
 
$
--
 
 
$
12,909.9
 
Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs and expenses
 
 
9,167.8
 
 
 
7,404.5
 
 
 
(4,691.8
)
 
 
11,880.5
 
 
 
--
 
 
 
--
 
 
 
11,880.5
 
General and administrative costs
 
 
7.3
 
 
 
45.7
 
 
 
--
 
 
 
53.0
 
 
 
0.2
 
 
 
--
 
 
 
53.2
 
Total costs and expenses
 
 
9,175.1
 
 
 
7,450.2
 
 
 
(4,691.8
)
 
 
11,933.5
 
 
 
0.2
 
 
 
--
 
 
 
11,933.7
 
Equity in income of unconsolidated affiliates
 
 
706.8
 
 
 
85.8
 
 
 
(736.1
)
 
 
56.5
 
 
 
799.0
 
 
 
(799.0
)
 
 
56.5
 
Operating income
 
 
1,022.6
 
 
 
746.2
 
 
 
(735.9
)
 
 
1,032.9
 
 
 
798.8
 
 
 
(799.0
)
 
 
1,032.7
 
Other income (expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
 
(220.8
)
 
 
(0.1
)
 
 
--
 
 
 
(220.9
)
 
 
--
 
 
 
--
 
 
 
(220.9
)
Other, net
 
 
0.2
 
 
 
(0.5
)
 
 
--
 
 
 
(0.3
)
 
 
--
 
 
 
--
 
 
 
(0.3
)
Total other expense, net
 
 
(220.6
)
 
 
(0.6
)
 
 
--
 
 
 
(221.2
)
 
 
--
 
 
 
--
 
 
 
(221.2
)
Income before income taxes
 
 
802.0
 
 
 
745.6
 
 
 
(735.9
)
 
 
811.7
 
 
 
798.8
 
 
 
(799.0
)
 
 
811.5
 
Provision for income taxes
 
 
(4.2
)
 
 
(0.3
)
 
 
--
 
 
 
(4.5
)
 
 
--
 
 
 
(0.3
)
 
 
(4.8
)
Net income
 
 
797.8
 
 
 
745.3
 
 
 
(735.9
)
 
 
807.2
 
 
 
798.8
 
 
 
(799.3
)
 
 
806.7
 
Net income attributable to noncontrolling interests
 
 
--
 
 
 
--
 
 
 
(9.1
)
 
 
(9.1
)
 
 
--
 
 
 
1.2
 
 
 
(7.9
)
Net income attributable to entity
 
$
797.8
 
 
$
745.3
 
 
$
(745.0
)
 
$
798.1
 
 
$
798.8
 
 
$
(798.1
)
 
$
798.8
 

Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Statement of Operations
Three Months Ended March 31, 2013

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
Revenues
 
$
7,355.5
 
 
$
7,440.4
 
 
$
(3,412.8
)
 
$
11,383.1
 
 
$
--
 
 
$
--
 
 
$
11,383.1
 
Costs and expenses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs and expenses
 
 
7,143.9
 
 
 
6,689.2
 
 
 
(3,412.7
)
 
 
10,420.4
 
 
 
--
 
 
 
--
 
 
 
10,420.4
 
General and administrative costs
 
 
4.7
 
 
 
44.6
 
 
 
--
 
 
 
49.3
 
 
 
0.2
 
 
 
--
 
 
 
49.5
 
Total costs and expenses
 
 
7,148.6
 
 
 
6,733.8
 
 
 
(3,412.7
)
 
 
10,469.7
 
 
 
0.2
 
 
 
--
 
 
 
10,469.9
 
Equity in income of unconsolidated affiliates
 
 
746.7
 
 
 
51.2
 
 
 
(753.4
)
 
 
44.5
 
 
 
753.7
 
 
 
(753.7
)
 
 
44.5
 
Operating income
 
 
953.6
 
 
 
757.8
 
 
 
(753.5
)
 
 
957.9
 
 
 
753.5
 
 
 
(753.7
)
 
 
957.7
 
Other income (expense):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
 
(195.3
)
 
 
(0.6
)
 
 
--
 
 
 
(195.9
)
 
 
--
 
 
 
--
 
 
 
(195.9
)
Other, net
 
 
0.1
 
 
 
(0.2
)
 
 
--
 
 
 
(0.1
)
 
 
--
 
 
 
--
 
 
 
(0.1
)
Total other expense, net
 
 
(195.2
)
 
 
(0.8
)
 
 
--
 
 
 
(196.0
)
 
 
--
 
 
 
--
 
 
 
(196.0
)
Income before income taxes
 
 
758.4
 
 
 
757.0
 
 
 
(753.5
)
 
 
761.9
 
 
 
753.5
 
 
 
(753.7
)
 
 
761.7
 
Provision for income taxes
 
 
(5.1
)
 
 
(1.0
)
 
 
--
 
 
 
(6.1
)
 
 
--
 
 
 
(0.3
)
 
 
(6.4
)
Net income
 
 
753.3
 
 
 
756.0
 
 
 
(753.5
)
 
 
755.8
 
 
 
753.5
 
 
 
(754.0
)
 
 
755.3
 
Net income attributable to noncontrolling interests
 
 
--
 
 
 
(0.5
)
 
 
(2.0
)
 
 
(2.5
)
 
 
--
 
 
 
0.7
 
 
 
(1.8
)
Net income attributable to entity
 
$
753.3
 
 
$
755.5
 
 
$
(755.5
)
 
$
753.3
 
 
$
753.5
 
 
$
(753.3
)
 
$
753.5
 
 
Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Statement of Comprehensive Income
Three Months Ended March 31, 2014

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
Comprehensive income
 
$
808.0
 
 
$
749.8
 
 
$
(735.9
)
 
$
821.9
 
 
$
813.5
 
 
$
(814.0
)
 
$
821.4
 
Comprehensive income attributable to noncontrolling interests
 
 
--
 
 
 
--
 
 
 
(9.1
)
 
 
(9.1
)
 
 
--
 
 
 
1.2
 
 
 
(7.9
)
Comprehensive income attributable to entity
 
$
808.0
 
 
$
749.8
 
 
$
(745.0
)
 
$
812.8
 
 
$
813.5
 
 
$
(812.8
)
 
$
813.5
 

Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Statement of Comprehensive Income
Three Months Ended March 31, 2013

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
Comprehensive income
 
$
753.0
 
 
$
728.4
 
 
$
(753.4
)
 
$
728.0
 
 
$
725.8
 
 
$
(726.2
)
 
$
727.6
 
Comprehensive income attributable to noncontrolling interests
 
 
--
 
 
 
(0.5
)
 
 
(2.0
)
 
 
(2.5
)
 
 
--
 
 
 
0.7
 
 
 
(1.8
)
Comprehensive income attributable to entity
 
$
753.0
 
 
$
727.9
 
 
$
(755.4
)
 
$
725.5
 
 
$
725.8
 
 
$
(725.5
)
 
$
725.8
 
 
Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Statement of Cash Flows
Three Months Ended March 31, 2014

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
Operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
797.8
 
 
$
745.3
 
 
$
(735.9
)
 
$
807.2
 
 
$
798.8
 
 
$
(799.3
)
 
$
806.7
 
Reconciliation of net income to net cash flows provided by  operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation, amortization and accretion
 
 
35.4
 
 
 
284.7
 
 
 
(0.2
)
 
 
319.9
 
 
 
--
 
 
 
--
 
 
 
319.9
 
Equity in income of unconsolidated affiliates
 
 
(706.8
)
 
 
(85.8
)
 
 
736.1
 
 
 
(56.5
)
 
 
(799.0
)
 
 
799.0
 
 
 
(56.5
)
 Distributions received from unconsolidated affiliates
 
 
1,039.3
 
 
 
68.8
 
 
 
(1,036.4
)
 
 
71.7
 
 
 
685.2
 
 
 
(685.2
)
 
 
71.7
 
 Net effect of changes in operating accounts and other operating activities
 
 
(4.5
)
 
 
250.1
 
 
 
14.0
 
 
 
259.6
 
 
 
2.7
 
 
 
--
 
 
 
262.3
 
Net cash flows provided by operating activities
 
 
1,161.2
 
 
 
1,263.1
 
 
 
(1,022.4
)
 
 
1,401.9
 
 
 
687.7
 
 
 
(685.5
)
 
 
1,404.1
 
Investing activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Capital expenditures, net of contributions in aid of construction costs
 
 
(85.3
)
 
 
(610.1
)
 
 
--
 
 
 
(695.4
)
 
 
--
 
 
 
--
 
 
 
(695.4
)
 Proceeds from asset sales and insurance recoveries
 
 
0.1
 
 
 
96.2
 
 
 
--
 
 
 
96.3
 
 
 
--
 
 
 
--
 
 
 
96.3
 
Other investing activities
 
 
(555.3
)
 
 
(255.2
)
 
 
548.1
 
 
 
(262.4
)
 
 
(80.9
)
 
 
80.9
 
 
 
(262.4
)
Cash used in investing activities
 
 
(640.5
)
 
 
(769.1
)
 
 
548.1
 
 
 
(861.5
)
 
 
(80.9
)
 
 
80.9
 
 
 
(861.5
)
Financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Borrowings under debt agreements
 
 
4,181.5
 
 
 
--
 
 
 
--
 
 
 
4,181.5
 
 
 
--
 
 
 
--
 
 
 
4,181.5
 
Repayments of debt
 
 
(3,160.0
)
 
 
--
 
 
 
--
 
 
 
(3,160.0
)
 
 
--
 
 
 
--
 
 
 
(3,160.0
)
Cash distributions paid to partners
 
 
(685.2
)
 
 
(1,044.3
)
 
 
1,044.3
 
 
 
(685.2
)
 
 
(639.2
)
 
 
685.2
 
 
 
(639.2
)
 Cash distributions paid to noncontrolling interests
 
 
--
 
 
 
--
 
 
 
(8.0
)
 
 
(8.0
)
 
 
--
 
 
 
--
 
 
 
(8.0
)
 Net cash proceeds from issuance of common units
 
 
--
 
 
 
--
 
 
 
--
 
 
 
--
 
 
 
83.0
 
 
 
--
 
 
 
83.0
 
Cash contributions from owners
 
 
80.9
 
 
 
546.1
 
 
 
(546.1
)
 
 
80.9
 
 
 
--
 
 
 
(80.9
)
 
 
--
 
Other financing activities
 
 
(15.9
)
 
 
--
 
 
 
(1.9
)
 
 
(17.8
)
 
 
(50.6
)
 
 
--
 
 
 
(68.4
)
Cash provided by (used in) financing activities
 
 
401.3
 
 
 
(498.2
)
 
 
488.3
 
 
 
391.4
 
 
 
(606.8
)
 
 
604.3
 
 
 
388.9
 
Net change in cash and cash equivalents
 
 
922.0
 
 
 
(4.2
)
 
 
14.0
 
 
 
931.8
 
 
 
--
 
 
 
(0.3
)
 
 
931.5
 
Cash and cash equivalents, January 1
 
 
28.4
 
 
 
49.5
 
 
 
(21.0
)
 
 
56.9
 
 
 
--
 
 
 
--
 
 
 
56.9
 
Cash and cash equivalents, March 31
 
$
950.4
 
 
$
45.3
 
 
$
(7.0
)
 
$
988.7
 
 
$
--
 
 
$
(0.3
)
 
$
988.4
 
 
Enterprise Products Partners L.P.
Unaudited Condensed Consolidating Statement of Cash Flows
Three Months Ended March 31, 2013

 
 
EPO and Subsidiaries
 
 
 
 
 
 
 
 
 
Subsidiary
Issuer
(EPO)
 
 
Other
Subsidiaries
(Non-
guarantor)
 
 
EPO and
Subsidiaries
Eliminations
and
Adjustments
 
 
Consolidated
EPO and
Subsidiaries
 
 
Enterprise
Products
Partners
L.P.
(Guarantor)
 
 
Eliminations
and
Adjustments
 
 
Consolidated
Total
 
Operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
753.3
 
 
$
756.0
 
 
$
(753.5
)
 
$
755.8
 
 
$
753.5
 
 
$
(754.0
)
 
$
755.3
 
Reconciliation of net income to net cash flows provided by  operating activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation, amortization and accretion
 
 
33.8
 
 
 
258.2
 
 
 
--
 
 
 
292.0
 
 
 
--
 
 
 
--
 
 
 
292.0
 
Equity in income of unconsolidated affiliates
 
 
(746.7
)
 
 
(51.2
)
 
 
753.4
 
 
 
(44.5
)
 
 
(753.7
)
 
 
753.7
 
 
 
(44.5
)
 Distributions received from unconsolidated affiliates
 
 
1,173.7
 
 
 
50.3
 
 
 
(1,172.7
)
 
 
51.3
 
 
 
577.6
 
 
 
(577.6
)
 
 
51.3
 
 Net effect of changes in operating accounts and other operating activities
 
 
(76.8
)
 
 
16.2
 
 
 
6.5
 
 
 
(54.1
)
 
 
23.2
 
 
 
(23.3
)
 
 
(54.2
)
Net cash flows provided by operating activities
 
 
1,137.3
 
 
 
1,029.5
 
 
 
(1,166.3
)
 
 
1,000.5
 
 
 
600.6
 
 
 
(601.2
)
 
 
999.9
 
Investing activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Capital expenditures, net of contributions in aid of construction costs
 
 
(62.1
)
 
 
(560.8
)
 
 
--
 
 
 
(622.9
)
 
 
--
 
 
 
--
 
 
 
(622.9
)
Proceeds from asset sales and insurance recoveries
 
 
--
 
 
 
130.5
 
 
 
--
 
 
 
130.5
 
 
 
--
 
 
 
--
 
 
 
130.5
 
Other investing activities
 
 
(958.6
)
 
 
(203.9
)
 
 
807.7
 
 
 
(354.8
)
 
 
(552.5
)
 
 
552.5
 
 
 
(354.8
)
Cash used in investing activities
 
 
(1,020.7
)
 
 
(634.2
)
 
 
807.7
 
 
 
(847.2
)
 
 
(552.5
)
 
 
552.5
 
 
 
(847.2
)
Financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Borrowings under debt agreements
 
 
6,174.6
 
 
 
--
 
 
 
--
 
 
 
6,174.6
 
 
 
--
 
 
 
--
 
 
 
6,174.6
 
Repayments of debt
 
 
(4,809.2
)
 
 
(17.4
)
 
 
--
 
 
 
(4,826.6
)
 
 
--
 
 
 
--
 
 
 
(4,826.6
)
Cash distributions paid to partners
 
 
(601.2
)
 
 
(1,175.1
)
 
 
1,175.1
 
 
 
(601.2
)
 
 
(577.6
)
 
 
601.2
 
 
 
(577.6
)
 Cash distributions paid to noncontrolling interests
 
 
--
 
 
 
--
 
 
 
(2.4
)
 
 
(2.4
)
 
 
--
 
 
 
--
 
 
 
(2.4
)
 Net cash proceeds from issuance of common units
 
 
--
 
 
 
--
 
 
 
--
 
 
 
--
 
 
 
554.1
 
 
 
--
 
 
 
554.1
 
Cash contributions from owners
 
 
552.5
 
 
 
807.7
 
 
 
(807.7
)
 
 
552.5
 
 
 
--
 
 
 
(552.5
)
 
 
--
 
Other financing activities
 
 
(186.0
)
 
 
--
 
 
 
--
 
 
 
(186.0
)
 
 
(24.6
)
 
 
--
 
 
 
(210.6
)
Cash provided by (used in) financing activities
 
 
1,130.7
 
 
 
(384.8
)
 
 
365.0
 
 
 
1,110.9
 
 
 
(48.1
)
 
 
48.7
 
 
 
1,111.5
 
Net change in cash and cash equivalents
 
 
1,247.3
 
 
 
10.5
 
 
 
6.4
 
 
 
1,264.2
 
 
 
--
 
 
 
--
 
 
 
1,264.2
 
Cash and cash equivalents, January 1
 
 
--
 
 
 
28.0
 
 
 
(12.1
)
 
 
15.9
 
 
 
0.2
 
 
 
--
 
 
 
16.1
 
Cash and cash equivalents, March 31
 
$
1,247.3
 
 
$
38.5
 
 
$
(5.7
)
 
$
1,280.1
 
 
$
0.2
 
 
$
--
 
 
$
1,280.3