v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 17,497 $ 181,121
Accounts receivable, net of allowance for doubtful accounts of $2,147 and $1,457 as of December 31, 2011 and 2010, respectively 547,808 302,053
Inventories 587,785 413,537
Income tax receivable 4,148 0
Other current assets 43,685 42,796
Total current assets 1,200,923 939,507
Property, plant and equipment, at cost 4,413,305 4,021,319
Accumulated depreciation and amortization (982,837) (833,862)
Property, plant and equipment, net 3,430,468 3,187,457
Intangible assets, net 38,923 43,033
Goodwill 846,717 813,270
Investment in joint venture 66,687 69,603
Deferred income tax asset 9,141 8,138
Other long-term assets, net 288,331 325,385
Total assets 5,881,190 5,386,393
Current liabilities:    
Current portion of long-term debt 364,959 832
Accounts payable 454,326 282,382
Payable to related party 6,735 10,345
Accrued interest payable 29,833 29,706
Accrued liabilities 71,270 57,953
Taxes other than income tax 13,455 10,718
Income tax payable 3,222 1,293
Total current liabilities 943,800 393,229
Long-term debt, less current portion 1,928,071 2,136,248
Long-term payable to related party 14,502 10,088
Deferred income tax liability 35,437 29,565
Other long-term liabilities 95,045 114,563
Commitments and contingencies (Note 13)      
Partners' equity:    
Limited partners (70,756,078 and 64,610,549 common units outstanding as of December 31, 2011 and 2010, respectively) 2,817,069 2,598,873
General partner 62,539 57,327
Accumulated other comprehensive (loss) income (27,407) 46,500
Total NuStar Energy L.P. partners' equity 2,852,201 2,702,700
Noncontrolling interest 12,134 0
Total partners’ equity 2,864,335 2,702,700
Total liabilities and partners' equity $ 5,881,190 $ 5,386,393