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Supplemental Cash Flow Information
9 Months Ended
Sep. 30, 2016
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information

Note 15.  Supplemental Cash Flow Information

The following table presents the net effect of changes in our operating accounts for the periods indicated:

 
 
For the Nine Months
Ended September 30,
 
 
 
2016
  
2015
 
Decrease (increase) in:
      
Accounts receivable – trade
 
$
(370.4
)
 
$
1,042.5
 
Accounts receivable – related parties
  
(0.2
)
  
1.2
 
Inventories
  
(701.6
)
  
(143.2
)
Prepaid and other current assets
  
(71.8
)
  
(32.7
)
Other assets
  
(1.3
)
  
2.1
 
Increase (decrease) in:
        
Accounts payable – trade
  
(36.8
)
  
(72.7
)
Accounts payable – related parties
  
13.6
   
(38.6
)
Accrued product payables
  
615.1
   
(1,248.4
)
Accrued interest
  
(149.5
)
  
(136.7
)
Other current liabilities
  
201.1
   
(13.8
)
Other liabilities
  
12.1
   
12.4
 
Net effect of changes in operating accounts
 
$
(489.7
)
 
$
(627.9
)

We incurred liabilities for construction in progress that had not been paid at September 30, 2016 and December 31, 2015 of $166.5 million and $472.8 million, respectively.  Such amounts are not included under the caption “Capital expenditures” on the Unaudited Condensed Statements of Consolidated Cash Flows.

On certain of our capital projects, third parties are obligated to reimburse us for all or a portion of project expenditures.  The majority of such arrangements are associated with projects related to pipeline construction activities and production well tie-ins.  These cash receipts are presented as “Contributions in aid of construction costs” within the investing activities section of our Unaudited Condensed Statements of Consolidated Cash Flows.

In July 2015, we purchased EFS Midstream from affiliates of Pioneer and Reliance for approximately $2.1 billion, which was payable in two installments.  The initial payment of $1.1 billion was paid at closing on July 8, 2015.  The second and final installment of $1.0 billion was paid on July 11, 2016 using a combination of cash on hand and proceeds from the issuance of short-term notes under EPO’s commercial paper program.

The following table presents our cash proceeds from asset sales and insurance recoveries for the periods indicated:

 
 
For the Nine Months
Ended September 30,
 
 
 
2016
  
2015
 
Sale of Offshore Business
 
$
--
  
$
1,528.6
 
Other cash proceeds
  
43.9
   
8.7
 
Total
 
$
43.9
  
$
1,537.3
 

The following table presents net gains (losses) attributable to asset sales and insurance recoveries for the periods indicated:

 
 
For the Nine Months
Ended September 30,
 
 
 
2016
  
2015
 
Sale of Offshore Business
 
$
--
  
$
(12.6
)
Net gains (losses) attributable to other asset sales
  
2.3
   
(2.1
)
Total
 
$
2.3
  
$
(14.7
)