CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
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| CONDENSED CONSOLIDATING FINANCIAL STATEMENTS [Abstract] |
|
| Condensed Consolidating Balance Sheets [Table Text Block] |
Condensed Consolidating Balance Sheets December 31, 2015 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Assets | | | | | | | | | | | | Cash and cash equivalents | $ | 885 |
| | $ | 4 |
| | $ | — |
| | $ | 117,973 |
| | $ | — |
| | $ | 118,862 |
| Receivables, net | — |
| | 419 |
| | — |
| | 144,645 |
| | — |
| | 145,064 |
| Inventories | — |
| | 1,776 |
| | 3,648 |
| | 33,325 |
| | — |
| | 38,749 |
| Other current assets | 140 |
| | 11,026 |
| | 497 |
| | 19,513 |
| | — |
| | 31,176 |
| Intercompany receivable | — |
| | 1,610,370 |
| | — |
| | — |
| | (1,610,370 | ) | | — |
| Total current assets | 1,025 |
| | 1,623,595 |
| | 4,145 |
| | 315,456 |
| | (1,610,370 | ) | | 333,851 |
| Property, plant and equipment, net | — |
| | 1,915,370 |
| | 570,415 |
| | 1,197,786 |
| | — |
| | 3,683,571 |
| Intangible assets, net | — |
| | 48,961 |
| | — |
| | 63,050 |
| | — |
| | 112,011 |
| Goodwill | — |
| | 149,453 |
| | 170,652 |
| | 376,532 |
| | — |
| | 696,637 |
| Investment in wholly owned subsidiaries | 2,205,904 |
| | 48,547 |
| | 1,031,162 |
| | 915,115 |
| | (4,200,728 | ) | | — |
| Deferred income tax asset | — |
| | — |
| | — |
| | 4,037 |
| | (1,179 | ) | | 2,858 |
| Other long-term assets, net | 933 |
| | 279,063 |
| | 26,329 |
| | 14,009 |
| | — |
| | 320,334 |
| Total assets | $ | 2,207,862 |
| | $ | 4,064,989 |
| | $ | 1,802,703 |
| | $ | 2,885,985 |
| | $ | (5,812,277 | ) | | $ | 5,149,262 |
| Liabilities and Partners’ Equity | | | | | | | | | | | | Payables | $ | 12 |
| | $ | 52,650 |
| | $ | 11,193 |
| | $ | 76,091 |
| | $ | — |
| | $ | 139,946 |
| Short-term debt | — |
| | 84,000 |
| | — |
| | — |
| | — |
| | 84,000 |
| Accrued interest payable | — |
| | 34,271 |
| | — |
| | 15 |
| | — |
| | 34,286 |
| Accrued liabilities | 723 |
| | 32,816 |
| | 5,753 |
| | 15,902 |
| | — |
| | 55,194 |
| Taxes other than income tax | 126 |
| | 6,452 |
| | 3,325 |
| | 2,907 |
| | — |
| | 12,810 |
| Income tax payable | — |
| | 1,362 |
| | 9 |
| | 4,606 |
| | — |
| | 5,977 |
| Intercompany payable | 508,363 |
| | — |
| | 858,018 |
| | 243,989 |
| | (1,610,370 | ) | | — |
| Total current liabilities | 509,224 |
| | 211,551 |
| | 878,298 |
| | 343,510 |
| | (1,610,370 | ) | | 332,213 |
| Long-term debt | — |
| | 3,025,849 |
| | — |
| | 53,500 |
| | — |
| | 3,079,349 |
| Long-term payable to related party | — |
| | 26,638 |
| | — |
| | 5,442 |
| | — |
| | 32,080 |
| Deferred income tax liability | — |
| | 1,143 |
| | 36 |
| | 24,810 |
| | (1,179 | ) | | 24,810 |
| Other long-term liabilities | — |
| | 37,209 |
| | 9,294 |
| | 24,463 |
| | — |
| | 70,966 |
| Total partners’ equity | 1,698,638 |
| | 762,599 |
| | 915,075 |
| | 2,434,260 |
| | (4,200,728 | ) | | 1,609,844 |
| Total liabilities and partners’ equity | $ | 2,207,862 |
| | $ | 4,064,989 |
| | $ | 1,802,703 |
| | $ | 2,885,985 |
| | $ | (5,812,277 | ) | | $ | 5,149,262 |
|
Condensed Consolidating Balance Sheets December 31, 2014 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Assets | | | | | | | | | | | | Cash and cash equivalents | $ | 923 |
| | $ | 6 |
| | $ | — |
| | $ | 86,983 |
| | $ | — |
| | $ | 87,912 |
| Receivables, net | — |
| | 47,038 |
| | 18,347 |
| | 143,093 |
| | — |
| | 208,478 |
| Inventories | — |
| | 1,998 |
| | 3,768 |
| | 49,989 |
| | (42 | ) | | 55,713 |
| Other current assets | — |
| | 10,403 |
| | 418 |
| | 25,239 |
| | (116 | ) | | 35,944 |
| Assets held for sale | — |
| | — |
| | — |
| | 1,100 |
| | — |
| | 1,100 |
| Intercompany receivable | — |
| | 1,438,675 |
| | — |
| | — |
| | (1,438,675 | ) | | — |
| Total current assets | 923 |
| | 1,498,120 |
| | 22,533 |
| | 306,404 |
| | (1,438,833 | ) | | 389,147 |
| Property, plant and equipment, net | — |
| | 1,820,126 |
| | 559,808 |
| | 1,080,798 |
| | — |
| | 3,460,732 |
| Intangible assets, net | — |
| | 55,801 |
| | — |
| | 2,869 |
| | — |
| | 58,670 |
| Goodwill | — |
| | 149,453 |
| | 170,652 |
| | 297,324 |
| | — |
| | 617,429 |
| Investment in wholly owned subsidiaries | 2,289,673 |
| | 37,179 |
| | 910,394 |
| | 913,343 |
| | (4,150,589 | ) | | — |
| Investment in joint venture | — |
| | — |
| | — |
| | 74,223 |
| | — |
| | 74,223 |
| Deferred income tax asset | — |
| | — |
| | — |
| | 4,429 |
| | — |
| | 4,429 |
| Other long-term assets, net | 673 |
| | 279,058 |
| | 26,329 |
| | 8,106 |
| | — |
| | 314,166 |
| Total assets | $ | 2,291,269 |
| | $ | 3,839,737 |
| | $ | 1,689,716 |
| | $ | 2,687,496 |
| | $ | (5,589,422 | ) | | $ | 4,918,796 |
| Liabilities and Partners’ Equity | | | | | | | | | | | | Payables | $ | — |
| | $ | 60,687 |
| | $ | 8,211 |
| | $ | 108,286 |
| | $ | — |
| | $ | 177,184 |
| Short-term debt | — |
| | 77,000 |
| | — |
| | — |
| | — |
| | 77,000 |
| Accrued interest payable | — |
| | 33,340 |
| | — |
| | 5 |
| | — |
| | 33,345 |
| Accrued liabilities | 862 |
| | 32,178 |
| | 6,965 |
| | 21,020 |
| | — |
| | 61,025 |
| Taxes other than income tax | 125 |
| | 7,896 |
| | 3,099 |
| | 3,001 |
| | — |
| | 14,121 |
| Income tax payable | — |
| | — |
| | 4 |
| | 2,629 |
| | (116 | ) | | 2,517 |
| Intercompany payable | 506,160 |
| | — |
| | 751,023 |
| | 181,492 |
| | (1,438,675 | ) | | — |
| Total current liabilities | 507,147 |
| | 211,101 |
| | 769,302 |
| | 316,433 |
| | (1,438,791 | ) | | 365,192 |
| Long-term debt | — |
| | 2,749,452 |
| | — |
| | — |
| | — |
| | 2,749,452 |
| Long-term payable to related party | — |
| | 28,094 |
| | — |
| | 5,443 |
| | — |
| | 33,537 |
| Deferred income tax liability | — |
| | 528 |
| | 22 |
| | 26,758 |
| | — |
| | 27,308 |
| Other long-term liabilities | — |
| | 13,681 |
| | 6,963 |
| | 6,453 |
| | — |
| | 27,097 |
| Total partners’ equity | 1,784,122 |
| | 836,881 |
| | 913,429 |
| | 2,332,409 |
| | (4,150,631 | ) | | 1,716,210 |
| Total liabilities and partners’ equity | $ | 2,291,269 |
| | $ | 3,839,737 |
| | $ | 1,689,716 |
| | $ | 2,687,496 |
| | $ | (5,589,422 | ) | | $ | 4,918,796 |
|
|
| Condensed Consolidating Statements of Income (Loss) [Table Text Block] |
Condensed Consolidating Statements of Income For the Year Ended December 31, 2015 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues | $ | — |
| | $ | 547,959 |
| | $ | 215,469 |
| | $ | 1,322,675 |
| | $ | (2,063 | ) | | $ | 2,084,040 |
| Costs and expenses | 1,717 |
| | 293,708 |
| | 140,081 |
| | 1,259,935 |
| | (2,105 | ) | | 1,693,336 |
| Operating (loss) income | (1,717 | ) | | 254,251 |
| | 75,388 |
| | 62,740 |
| | 42 |
| | 390,704 |
| Equity in earnings (loss) of subsidiaries | 308,437 |
| | (7,257 | ) | | 120,768 |
| | 197,760 |
| | (619,708 | ) | | — |
| Interest (expense) income, net | — |
| | (137,847 | ) | | 1,611 |
| | 4,368 |
| | — |
| | (131,868 | ) | Other income, net | — |
| | 1,179 |
| | 5 |
| | 60,638 |
| | — |
| | 61,822 |
| Income from continuing operations before income tax (benefit) expense | 306,720 |
| | 110,326 |
| | 197,772 |
| | 325,506 |
| | (619,666 | ) | | 320,658 |
| Income tax (benefit) expense | — |
| | (392 | ) | | 23 |
| | 15,081 |
| | — |
| | 14,712 |
| Income from continuing operations | 306,720 |
| | 110,718 |
| | 197,749 |
| | 310,425 |
| | (619,666 | ) | | 305,946 |
| Income from discontinued operations, net of tax | — |
| | — |
| | — |
| | 774 |
| | — |
| | 774 |
| Net income | $ | 306,720 |
| | $ | 110,718 |
| | $ | 197,749 |
| | $ | 311,199 |
| | $ | (619,666 | ) | | $ | 306,720 |
|
Condensed Consolidating Statements of Income (Loss) For the Year Ended December 31, 2014 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues | $ | — |
| | $ | 510,833 |
| | $ | 229,211 |
| | $ | 2,344,750 |
| | $ | (9,676 | ) | | $ | 3,075,118 |
| Costs and expenses | 1,753 |
| | 287,614 |
| | 149,955 |
| | 2,298,540 |
| | (9,645 | ) | | 2,728,217 |
| Operating (loss) income | (1,753 | ) | | 223,219 |
| | 79,256 |
| | 46,210 |
| | (31 | ) | | 346,901 |
| Equity in earnings (loss) of subsidiaries | 212,527 |
| | (12,798 | ) | | 62,946 |
| | 142,238 |
| | (404,913 | ) | | — |
| Equity in (loss) earnings of joint ventures | — |
| | (8,278 | ) | | — |
| | 13,074 |
| | — |
| | 4,796 |
| Interest (expense) income, net | — |
| | (132,274 | ) | | 89 |
| | 959 |
| | — |
| | (131,226 | ) | Other income (expense), net | — |
| | 511 |
| | (37 | ) | | 4,025 |
| | — |
| | 4,499 |
| Income from continuing operations before income tax expense | 210,774 |
| | 70,380 |
| | 142,254 |
| | 206,506 |
| | (404,944 | ) | | 224,970 |
| Income tax expense | 1 |
| | 5 |
| | 23 |
| | 10,772 |
| | — |
| | 10,801 |
| Income from continuing operations | 210,773 |
| | 70,375 |
| | 142,231 |
| | 195,734 |
| | (404,944 | ) | | 214,169 |
| Loss from discontinued operations, net of tax | — |
| | (169 | ) | | — |
| | (3,622 | ) | | — |
| | (3,791 | ) | Net income | 210,773 |
| | 70,206 |
| | 142,231 |
| | 192,112 |
| | (404,944 | ) | | 210,378 |
| Less net loss attributable to noncontrolling interest | — |
| | — |
| | — |
| | (395 | ) | | — |
| | (395 | ) | Net income attributable to NuStar Energy L.P. | $ | 210,773 |
| | $ | 70,206 |
| | $ | 142,231 |
| | $ | 192,507 |
| | $ | (404,944 | ) | | $ | 210,773 |
|
Condensed Consolidating Statements of Income (Loss) For the Year Ended December 31, 2013 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues | $ | — |
| | $ | 415,128 |
| | $ | 218,591 |
| | $ | 2,864,160 |
| | $ | (34,147 | ) | | $ | 3,463,732 |
| Costs and expenses | 1,908 |
| | 242,743 |
| | 147,117 |
| | 3,125,253 |
| | (34,168 | ) | | 3,482,853 |
| Operating (loss) income | (1,908 | ) | | 172,385 |
| | 71,474 |
| | (261,093 | ) | | 21 |
| | (19,121 | ) | Equity in (loss) earnings of subsidiaries | (271,862 | ) | | 16,531 |
| | (347,808 | ) | | (281,327 | ) | | 884,466 |
| | — |
| Equity in (loss) earnings of joint ventures | — |
| | (49,599 | ) | | — |
| | 9,629 |
| | — |
| | (39,970 | ) | Interest (expense) income, net | — |
| | (116,624 | ) | | (4,851 | ) | | 469 |
| | — |
| | (121,006 | ) | Other (expense) income, net | — |
| | (115 | ) | | (127 | ) | | 7,583 |
| | — |
| | 7,341 |
| (Loss) income from continuing operations before income tax expense | (273,770 | ) | | 22,578 |
| | (281,312 | ) | | (524,739 | ) | | 884,487 |
| | (172,756 | ) | Income tax expense | — |
| | 579 |
| | 8 |
| | 12,166 |
| | — |
| | 12,753 |
| (Loss) income from continuing operations | (273,770 | ) | | 21,999 |
| | (281,320 | ) | | (536,905 | ) | | 884,487 |
| | (185,509 | ) | Loss from discontinued operations, net of tax | — |
| | (12,317 | ) | | — |
| | (86,845 | ) | | — |
| | (99,162 | ) | Net (loss) income | (273,770 | ) | | 9,682 |
| | (281,320 | ) | | (623,750 | ) | | 884,487 |
| | (284,671 | ) | Less net loss attributable to noncontrolling interest | — |
| | — |
| | — |
| | (10,901 | ) | | — |
| | (10,901 | ) | Net (loss) income attributable to NuStar Energy L.P. | $ | (273,770 | ) | | $ | 9,682 |
| | $ | (281,320 | ) | | $ | (612,849 | ) | | $ | 884,487 |
| | $ | (273,770 | ) |
|
| Condensed Consolidating Statements of Comprehensive Income (Loss) [Table Text Block] |
Condensed Consolidating Statements of Comprehensive Income For the Year Ended December 31, 2015 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income | $ | 306,720 |
| | $ | 110,718 |
| | $ | 197,749 |
| | $ | 311,199 |
| | $ | (619,666 | ) | | $ | 306,720 |
| | | | | | | | | | | | | Other comprehensive income: | | | | | | | | | | | | Foreign currency translation adjustment | — |
| | — |
| | — |
| | (31,987 | ) | | — |
| | (31,987 | ) | Net unrealized gain on cash flow hedges | — |
| | 1,303 |
| | — |
| | — |
| | — |
| | 1,303 |
| Net loss reclassified into income on cash flow hedges | — |
| | 9,802 |
| | — |
| | — |
| | — |
| | 9,802 |
| Total other comprehensive income (loss) | — |
| | 11,105 |
| | — |
| | (31,987 | ) | | — |
| | (20,882 | ) | | | | | | | | | | | | | Comprehensive income | $ | 306,720 |
| | $ | 121,823 |
| | $ | 197,749 |
| | $ | 279,212 |
| | $ | (619,666 | ) | | $ | 285,838 |
|
Condensed Consolidating Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2014 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income | $ | 210,773 |
| | $ | 70,206 |
| | $ | 142,231 |
| | $ | 192,112 |
| | $ | (404,944 | ) | | $ | 210,378 |
| | | | | | | | | | | | | Other comprehensive income (loss): | | | | | | | | | | | | Foreign currency translation adjustment | — |
| | 3,723 |
| | — |
| | (19,337 | ) | | — |
| | (15,614 | ) | Net loss reclassified into income on cash flow hedges | — |
| | 10,663 |
| | — |
| | — |
| | — |
| | 10,663 |
| Total other comprehensive income (loss) | — |
| | 14,386 |
| | — |
| | (19,337 | ) | | — |
| | (4,951 | ) | | | | | | | | | | | | | Comprehensive income | 210,773 |
| | 84,592 |
| | 142,231 |
| | 172,775 |
| | (404,944 | ) | | 205,427 |
| Less comprehensive loss attributable to noncontrolling interest | — |
| | — |
| | — |
| | (828 | ) | | — |
| | (828 | ) | Comprehensive income attributable to NuStar Energy L.P. | $ | 210,773 |
| | $ | 84,592 |
| | $ | 142,231 |
| | $ | 173,603 |
| | $ | (404,944 | ) | | $ | 206,255 |
|
Condensed Consolidating Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2013 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net (loss) income | $ | (273,770 | ) | | $ | 9,682 |
| | $ | (281,320 | ) | | $ | (623,750 | ) | | $ | 884,487 |
| | $ | (284,671 | ) | | | | | | | | | | | | | Other comprehensive income (loss): | | | | | | | | | | | | Foreign currency translation adjustment | — |
| | (3,090 | ) | | — |
| | (16,274 | ) | | — |
| | (19,364 | ) | Net unrealized gain on cash flow hedges | — |
| | 7,213 |
| | — |
| | — |
| | — |
| | 7,213 |
| Net loss reclassified into income on cash flow hedges | — |
| | 7,570 |
| | — |
| | — |
| | — |
| | 7,570 |
| Total other comprehensive income (loss) | — |
| | 11,693 |
| | — |
| | (16,274 | ) | | — |
| | (4,581 | ) | | | | | | | | | | | | | Comprehensive (loss) income | (273,770 | ) | | 21,375 |
| | (281,320 | ) | | (640,024 | ) | | 884,487 |
| | (289,252 | ) | Less comprehensive loss attributable to noncontrolling interest | — |
| | — |
| | — |
| | (10,953 | ) | | — |
| | (10,953 | ) | Comprehensive (loss) income attributable to NuStar Energy L.P. | $ | (273,770 | ) | | $ | 21,375 |
| | $ | (281,320 | ) | | $ | (629,071 | ) | | $ | 884,487 |
| | $ | (278,299 | ) |
|
| Condensed Consolidating Statements of Cash Flows [Table Text Block] |
Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2015 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net cash provided by operating activities | $ | 389,967 |
| | $ | 237,780 |
| | $ | 119,928 |
| | $ | 365,588 |
| | $ | (588,326 | ) | | $ | 524,937 |
| Cash flows from investing activities: | | | | | | | | | | | | Capital expenditures | — |
| | (201,388 | ) | | (39,533 | ) | | (83,887 | ) | | — |
| | (324,808 | ) | Change in accounts payable related to capital expenditures | — |
| | (4,950 | ) | | 33 |
| | 1,761 |
| | — |
| | (3,156 | ) | Acquisitions | — |
| | — |
| | — |
| | (142,500 | ) | | — |
| | (142,500 | ) | Increase in other long-term assets | — |
| | — |
| | — |
| | (3,564 | ) | | — |
| | (3,564 | ) | Proceeds from sale or disposition of assets | — |
| | 10,320 |
| | 22 |
| | 6,790 |
| | — |
| | 17,132 |
| Proceeds from insurance recoveries | — |
| | — |
| | — |
| | 4,867 |
| | — |
| | 4,867 |
| Net cash used in investing activities | — |
| | (196,018 | ) | | (39,478 | ) | | (216,533 | ) | | — |
| | (452,029 | ) | Cash flows from financing activities: | | | | | | | | | | | | Debt borrowings | — |
| | 1,589,131 |
| | — |
| | 94,500 |
| | — |
| | 1,683,631 |
| Debt repayments | — |
| | (1,275,910 | ) | | — |
| | (41,000 | ) | | — |
| | (1,316,910 | ) | Distributions to unitholders and general partner | (392,204 | ) | | (196,102 | ) | | (196,102 | ) | | (196,122 | ) | | 588,326 |
| | (392,204 | ) | Net intercompany activity | 2,199 |
| | (155,278 | ) | | 115,652 |
| | 37,427 |
| | — |
| | — |
| Other, net | — |
| | (3,605 | ) | | — |
| | (141 | ) | | — |
| | (3,746 | ) | Net cash used in financing activities | (390,005 | ) | | (41,764 | ) | | (80,450 | ) | | (105,336 | ) | | 588,326 |
| | (29,229 | ) | Effect of foreign exchange rate changes on cash | — |
| | — |
| | — |
| | (12,729 | ) | | — |
| | (12,729 | ) | Net (decrease) increase in cash and cash equivalents | (38 | ) | | (2 | ) | | — |
| | 30,990 |
| | — |
| | 30,950 |
| Cash and cash equivalents as of the beginning of the period | 923 |
| | 6 |
| | — |
| | 86,983 |
| | — |
| | 87,912 |
| Cash and cash equivalents as of the end of the period | $ | 885 |
| | $ | 4 |
| | $ | — |
| | $ | 117,973 |
| | $ | — |
| | $ | 118,862 |
|
Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2014 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net cash provided by operating activities | $ | 390,543 |
| | $ | 221,422 |
| | $ | 111,931 |
| | $ | 333,936 |
| | $ | (539,309 | ) | | $ | 518,523 |
| Cash flows from investing activities: | | | | | | | | | | | | Capital expenditures | — |
| | (273,785 | ) | | (14,625 | ) | | (68,555 | ) | | — |
| | (356,965 | ) | Change in accounts payable related to capital expenditures | — |
| | 8,741 |
| | 789 |
| | (4,627 | ) | | — |
| | 4,903 |
| Proceeds from sale or disposition of assets | — |
| | 651 |
| | 22 |
| | 25,339 |
| | — |
| | 26,012 |
| Increase in note receivable from Axeon | — |
| | (13,328 | ) | | — |
| | — |
| | — |
| | (13,328 | ) | Investment in subsidiaries | (23 | ) | | — |
| | 13,340 |
| | — |
| | (13,317 | ) | | — |
| Other, net | 23 |
| | (45 | ) | | — |
| | (831 | ) | | — |
| | (853 | ) | Net cash used in investing activities | — |
| | (277,766 | ) | | (474 | ) | | (48,674 | ) | | (13,317 | ) | | (340,231 | ) | Cash flows from financing activities: | | | | | | | | | | | | Debt borrowings | — |
| | 1,318,619 |
| | — |
| | — |
| | — |
| | 1,318,619 |
| Debt repayments | — |
| | (1,121,670 | ) | | — |
| | — |
| | — |
| | (1,121,670 | ) | Distributions to unitholders and general partner | (392,204 | ) | | (245,127 | ) | | (147,077 | ) | | (147,105 | ) | | 539,309 |
| | (392,204 | ) | Contributions from (distributions to) affiliates | — |
| | — |
| | — |
| | (13,340 | ) | | 13,340 |
| | — |
| Net intercompany activity | 1,680 |
| | 83,387 |
| | 35,620 |
| | (120,687 | ) | | — |
| | — |
| Other, net | — |
| | (1,166 | ) | | — |
| | 8,259 |
| | (23 | ) | | 7,070 |
| Net cash (used in) provided by financing activities | (390,524 | ) | | 34,043 |
| | (111,457 | ) | | (272,873 | ) | | 552,626 |
| | (188,185 | ) | Effect of foreign exchange rate changes on cash | — |
| | — |
| | — |
| | (2,938 | ) | | — |
| | (2,938 | ) | Net increase (decrease) in cash and cash equivalents | 19 |
| | (22,301 | ) | | — |
| | 9,451 |
| | — |
| | (12,831 | ) | Cash and cash equivalents as of the beginning of the period | 904 |
| | 22,307 |
| | — |
| | 77,532 |
| | — |
| | 100,743 |
| Cash and cash equivalents as of the end of the period | $ | 923 |
| | $ | 6 |
| | $ | — |
| | $ | 86,983 |
| | $ | — |
| | $ | 87,912 |
|
Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2013 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net cash provided by operating activities | $ | 390,002 |
| | $ | 210,742 |
| | $ | 84,490 |
| | $ | 192,228 |
| | $ | (392,243 | ) | | $ | 485,219 |
| Cash flows from investing activities: | | | | | | | | | | | | Capital expenditures | — |
| | (224,798 | ) | | (19,049 | ) | | (99,473 | ) | | — |
| | (343,320 | ) | Change in accounts payable related to capital expenditures | — |
| | (9,700 | ) | | 824 |
| | 3,492 |
| | — |
| | (5,384 | ) | Proceeds from sale or disposition of assets | — |
| | 118,806 |
| | 35 |
| | 165 |
| | — |
| | 119,006 |
| Increase in note receivable from Axeon | — |
| | (80,961 | ) | | — |
| | — |
| | — |
| | (80,961 | ) | Investment in subsidiaries | (302 | ) | | 527 |
| | — |
| | 3 |
| | (228 | ) | | — |
| Other, net | 302 |
| | (604 | ) | | — |
| | — |
| | — |
| | (302 | ) | Net cash used in investing activities | — |
| | (196,730 | ) | | (18,190 | ) | | (95,813 | ) | | (228 | ) | | (310,961 | ) | Cash flows from financing activities: | | | | | | | | | | | | Debt borrowings | — |
| | 1,738,451 |
| | — |
| | — |
| | — |
| | 1,738,451 |
| Debt repayments | — |
| | (1,866,282 | ) | | (250,000 | ) | | (34,461 | ) | | — |
| | (2,150,743 | ) | Proceeds from note offerings, net of issuance costs | — |
| | 686,863 |
| | — |
| | — |
| | — |
| | 686,863 |
| Distributions to unitholders and general partner | (392,204 | ) | | (392,204 | ) | | — |
| | (39 | ) | | 392,243 |
| | (392,204 | ) | Payments for termination of interest rate swaps | — |
| | (33,697 | ) | | — |
| | — |
| | — |
| | (33,697 | ) | Contributions from (distributions to) affiliates | — |
| | 302 |
| | — |
| | (530 | ) | | 228 |
| | — |
| Net intercompany activity | (3,880 | ) | | (128,277 | ) | | 183,700 |
| | (51,543 | ) | | — |
| | — |
| Other, net | (47 | ) | | 2,027 |
| | — |
| | — |
| | — |
| | 1,980 |
| Net cash (used in) provided by financing activities | (396,131 | ) | | 7,183 |
| | (66,300 | ) | | (86,573 | ) | | 392,471 |
| | (149,350 | ) | Effect of foreign exchange rate changes on cash | — |
| | — |
| | — |
| | (7,767 | ) | | — |
| | (7,767 | ) | Net (decrease) increase in cash and cash equivalents | (6,129 | ) | | 21,195 |
| | — |
| | 2,075 |
| | — |
| | 17,141 |
| Cash and cash equivalents as of the beginning of the period | 7,033 |
| | 1,112 |
| | — |
| | 75,457 |
| | — |
| | 83,602 |
| Cash and cash equivalents as of the end of the period | $ | 904 |
| | $ | 22,307 |
| | $ | — |
| | $ | 77,532 |
| | $ | — |
| | $ | 100,743 |
|
|