CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
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| CONDENSED CONSOLIDATING FINANCIAL STATEMENTS [Abstract] |
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| Condensed Consolidating Balance Sheets [Table Text Block] |
Condensed Consolidating Balance Sheets December 31, 2017 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Assets | | | | | | | | | | | | Cash and cash equivalents | $ | 885 |
| | $ | 29 |
| | $ | — |
| | $ | 23,378 |
| | $ | — |
| | $ | 24,292 |
| Receivables, net | — |
| | 280 |
| | — |
| | 176,495 |
| | — |
| | 176,775 |
| Inventories | — |
| | 1,686 |
| | 8,611 |
| | 16,560 |
| | — |
| | 26,857 |
| Other current assets | 61 |
| | 11,412 |
| | 4,191 |
| | 6,844 |
| | — |
| | 22,508 |
| Intercompany receivable | — |
| | 3,112,164 |
| | — |
| | — |
| | (3,112,164 | ) | | — |
| Total current assets | 946 |
| | 3,125,571 |
| | 12,802 |
| | 223,277 |
| | (3,112,164 | ) | | 250,432 |
| Property, plant and equipment, net | — |
| | 1,893,720 |
| | 591,070 |
| | 1,816,143 |
| | — |
| | 4,300,933 |
| Intangible assets, net | — |
| | 58,530 |
| | — |
| | 725,949 |
| | — |
| | 784,479 |
| Goodwill | — |
| | 149,453 |
| | 170,652 |
| | 777,370 |
| | — |
| | 1,097,475 |
| Investment in wholly owned subsidiaries | 2,891,371 |
| | 24,162 |
| | 1,301,717 |
| | 790,882 |
| | (5,008,132 | ) | | — |
| Deferred income tax asset | — |
| | — |
| | — |
| | 233 |
| | — |
| | 233 |
| Other long-term assets, net | 303 |
| | 65,684 |
| | 27,493 |
| | 8,201 |
| | — |
| | 101,681 |
| Total assets | $ | 2,892,620 |
| | $ | 5,317,120 |
| | $ | 2,103,734 |
| | $ | 4,342,055 |
| | $ | (8,120,296 | ) | | $ | 6,535,233 |
| Liabilities and Partners’ Equity | | | | | | | | | | | | Current portion of long-term debt | $ | — |
| | $ | 349,990 |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 349,990 |
| Payables | 4,078 |
| | 27,642 |
| | 13,160 |
| | 101,052 |
| | — |
| | 145,932 |
| Short-term debt | — |
| | 35,000 |
| | — |
| | — |
| | — |
| | 35,000 |
| Accrued interest payable | — |
| | 40,402 |
| | — |
| | 47 |
| | — |
| | 40,449 |
| Accrued liabilities | 1,105 |
| | 17,628 |
| | 9,450 |
| | 33,395 |
| | — |
| | 61,578 |
| Taxes other than income tax | 125 |
| | 7,110 |
| | 3,794 |
| | 3,356 |
| | — |
| | 14,385 |
| Income tax payable | — |
| | 732 |
| | 4 |
| | 3,436 |
| | — |
| | 4,172 |
| Intercompany payable | 322,296 |
| | — |
| | 1,277,691 |
| | 1,512,177 |
| | (3,112,164 | ) | | — |
| Total current liabilities | 327,604 |
| | 478,504 |
| | 1,304,099 |
| | 1,653,463 |
| | (3,112,164 | ) | | 651,506 |
| Long-term debt, less current portion | — |
| | 3,201,220 |
| | — |
| | 61,849 |
| | — |
| | 3,263,069 |
| Deferred income tax liability | — |
| | 1,262 |
| | 12 |
| | 20,998 |
| | — |
| | 22,272 |
| Other long-term liabilities | — |
| | 58,806 |
| | 8,861 |
| | 50,630 |
| | — |
| | 118,297 |
| Total partners’ equity | 2,565,016 |
| | 1,577,328 |
| | 790,762 |
| | 2,555,115 |
| | (5,008,132 | ) | | 2,480,089 |
| Total liabilities and partners’ equity | $ | 2,892,620 |
| | $ | 5,317,120 |
| | $ | 2,103,734 |
| | $ | 4,342,055 |
| | $ | (8,120,296 | ) | | $ | 6,535,233 |
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Condensed Consolidating Balance Sheets December 31, 2016 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Assets | | | | | | | | | | | | Cash and cash equivalents | $ | 870 |
| | $ | 5 |
| | $ | — |
| | $ | 35,067 |
| | $ | — |
| | $ | 35,942 |
| Receivables, net | — |
| | 3,040 |
| | — |
| | 167,570 |
| | — |
| | 170,610 |
| Inventories | — |
| | 2,216 |
| | 2,005 |
| | 33,724 |
| | — |
| | 37,945 |
| Other current assets | 61 |
| | 120,350 |
| | 1,829 |
| | 10,446 |
| | — |
| | 132,686 |
| Intercompany receivable | — |
| | 1,308,415 |
| | — |
| | 57,785 |
| | (1,366,200 | ) | | — |
| Total current assets | 931 |
| | 1,434,026 |
| | 3,834 |
| | 304,592 |
| | (1,366,200 | ) | | 377,183 |
| Property, plant and equipment, net | — |
| | 1,935,172 |
| | 589,139 |
| | 1,197,972 |
| | — |
| | 3,722,283 |
| Intangible assets, net | — |
| | 71,033 |
| | — |
| | 56,050 |
| | — |
| | 127,083 |
| Goodwill | — |
| | 149,453 |
| | 170,652 |
| | 376,532 |
| | — |
| | 696,637 |
| Investment in wholly owned subsidiaries | 1,964,736 |
| | 34,778 |
| | 1,221,717 |
| | 874,649 |
| | (4,095,880 | ) | | — |
| Deferred income tax asset | — |
| | — |
| | — |
| | 2,051 |
| | — |
| | 2,051 |
| Other long-term assets, net | 1,255 |
| | 63,586 |
| | 28,587 |
| | 11,880 |
| | — |
| | 105,308 |
| Total assets | $ | 1,966,922 |
| | $ | 3,688,048 |
| | $ | 2,013,929 |
| | $ | 2,823,726 |
| | $ | (5,462,080 | ) | | $ | 5,030,545 |
| Liabilities and Partners’ Equity | | | | | | | | | | | | Payables | $ | 2,436 |
| | $ | 24,272 |
| | $ | 7,124 |
| | $ | 84,854 |
| | $ | — |
| | $ | 118,686 |
| Short-term debt | — |
| | 54,000 |
| | — |
| | — |
| | — |
| | 54,000 |
| Accrued interest payable | — |
| | 34,008 |
| | — |
| | 22 |
| | — |
| | 34,030 |
| Accrued liabilities | 1,070 |
| | 7,118 |
| | 10,766 |
| | 41,531 |
| | — |
| | 60,485 |
| Taxes other than income tax | 125 |
| | 6,854 |
| | 3,253 |
| | 5,453 |
| | — |
| | 15,685 |
| Income tax payable | — |
| | 1,326 |
| | 5 |
| | 5,179 |
| | — |
| | 6,510 |
| Intercompany payable | 257,497 |
| | — |
| | 1,108,703 |
| | — |
| | (1,366,200 | ) | | — |
| Total current liabilities | 261,128 |
| | 127,578 |
| | 1,129,851 |
| | 137,039 |
| | (1,366,200 | ) | | 289,396 |
| Long-term debt | — |
| | 2,956,338 |
| | — |
| | 58,026 |
| | — |
| | 3,014,364 |
| Deferred income tax liability | — |
| | 1,862 |
| | 13 |
| | 20,329 |
| | — |
| | 22,204 |
| Other long-term liabilities | — |
| | 34,358 |
| | 9,436 |
| | 49,170 |
| | — |
| | 92,964 |
| Total partners’ equity | 1,705,794 |
| | 567,912 |
| | 874,629 |
| | 2,559,162 |
| | (4,095,880 | ) | | 1,611,617 |
| Total liabilities and partners’ equity | $ | 1,966,922 |
| | $ | 3,688,048 |
| | $ | 2,013,929 |
| | $ | 2,823,726 |
| | $ | (5,462,080 | ) | | $ | 5,030,545 |
|
|
| Condensed Consolidating Statements of Income (Loss) [Table Text Block] |
Condensed Consolidating Statements of Income (Loss) For the Year Ended December 31, 2017 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues | $ | — |
| | $ | 496,454 |
| | $ | 221,125 |
| | $ | 1,097,458 |
| | $ | (1,018 | ) | | $ | 1,814,019 |
| Costs and expenses | 1,868 |
| | 317,871 |
| | 146,243 |
| | 1,012,777 |
| | (1,018 | ) | | 1,477,741 |
| Operating (loss) income | (1,868 | ) | | 178,583 |
| | 74,882 |
| | 84,681 |
| | — |
| | 336,278 |
| Equity in earnings (loss) of subsidiaries | 149,775 |
| | (10,616 | ) | | 89,405 |
| | 158,700 |
| | (387,264 | ) | | — |
| Interest income (expense), net | 57 |
| | (176,897 | ) | | (5,587 | ) | | 9,344 |
| | — |
| | (173,083 | ) | Other income (expense), net | — |
| | 145 |
| | 3 |
| | (5,442 | ) | | — |
| | (5,294 | ) | Income (loss) before income tax (benefit) expense | 147,964 |
| | (8,785 | ) | | 158,703 |
| | 247,283 |
| | (387,264 | ) | | 157,901 |
| Income tax (benefit) expense | — |
| | (820 | ) | | 2 |
| | 10,755 |
| | — |
| | 9,937 |
| Net income (loss) | $ | 147,964 |
| | $ | (7,965 | ) | | $ | 158,701 |
| | $ | 236,528 |
| | $ | (387,264 | ) | | $ | 147,964 |
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Condensed Consolidating Statements of Income (Loss) For the Year Ended December 31, 2016 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Revenues | $ | — |
| | $ | 511,650 |
| | $ | 224,966 |
| | $ | 1,021,804 |
| | $ | (1,738 | ) | | $ | 1,756,682 |
| Costs and expenses | 1,806 |
| | 302,099 |
| | 150,384 |
| | 945,022 |
| | (1,738 | ) | | 1,397,573 |
| Operating (loss) income | (1,806 | ) | | 209,551 |
| | 74,582 |
| | 76,782 |
| | — |
| | 359,109 |
| Equity in earnings (loss) of subsidiaries | 151,794 |
| | (13,769 | ) | | 82,202 |
| | 156,036 |
| | (376,263 | ) | | — |
| Interest (expense) income, net | — |
| | (139,827 | ) | | (744 | ) | | 2,221 |
| | — |
| | (138,350 | ) | Other income (expense), net | 18 |
| | (58,264 | ) | | (26 | ) | | (511 | ) | | — |
| | (58,783 | ) | Income (loss) before income tax expense (benefit) | 150,006 |
| | (2,309 | ) | | 156,014 |
| | 234,528 |
| | (376,263 | ) | | 161,976 |
| Income tax expense (benefit) | 3 |
| | 1,607 |
| | (23 | ) | | 10,386 |
| | — |
| | 11,973 |
| Net income (loss) | $ | 150,003 |
| | $ | (3,916 | ) | | $ | 156,037 |
| | $ | 224,142 |
| | $ | (376,263 | ) | | $ | 150,003 |
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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 Comprehensive Income (Loss) [Table Text Block] |
Condensed Consolidating Statements of Comprehensive Income (Loss) For the Year Ended December 31, 2017 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income (loss) | $ | 147,964 |
| | $ | (7,965 | ) | | $ | 158,701 |
| | $ | 236,528 |
| | $ | (387,264 | ) | | $ | 147,964 |
| | | | | | | | | | | | | Other comprehensive income (loss): | | | | | | | | | | | | Foreign currency translation adjustment | — |
| | — |
| | — |
| | 17,466 |
| | — |
| | 17,466 |
| Net loss on pension and other postretirement benefit adjustments, net of tax benefit | — |
| | — |
| | — |
| | (6,170 | ) | | — |
| | (6,170 | ) | Net loss on cash flow hedges | — |
| | (2,046 | ) | | — |
| | — |
| | — |
| | (2,046 | ) | Total other comprehensive (loss) income | — |
| | (2,046 | ) | | — |
| | 11,296 |
| | — |
| | 9,250 |
| Comprehensive income (loss) | $ | 147,964 |
| | $ | (10,011 | ) | | $ | 158,701 |
| | $ | 247,824 |
| | $ | (387,264 | ) | | $ | 157,214 |
|
Condensed Consolidating Statements of Comprehensive Income For the Year Ended December 31, 2016 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net income (loss) | $ | 150,003 |
| | $ | (3,916 | ) | | $ | 156,037 |
| | $ | 224,142 |
| | $ | (376,263 | ) | | $ | 150,003 |
| | | | | | | | | | | | | Other comprehensive income (loss): | | | | | | | | | | | | Foreign currency translation adjustment | — |
| | — |
| | — |
| | (8,243 | ) | | — |
| | (8,243 | ) | Net loss on pension and other postretirement benefit adjustments, net of tax benefits | — |
| | — |
| | — |
| | (2,850 | ) | | — |
| | (2,850 | ) | Net gain on cash flow hedges | — |
| | 5,710 |
| | — |
| | — |
| | — |
| | 5,710 |
| Total other comprehensive income (loss) | — |
| | 5,710 |
| | — |
| | (11,093 | ) | | — |
| | (5,383 | ) | Comprehensive income | $ | 150,003 |
| | $ | 1,794 |
| | $ | 156,037 |
| | $ | 213,049 |
| | $ | (376,263 | ) | | $ | 144,620 |
|
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 (loss): | | | | | | | | | | | | Foreign currency translation adjustment | — |
| | — |
| | — |
| | (31,987 | ) | | — |
| | (31,987 | ) | Net gain on cash flow hedges | — |
| | 11,105 |
| | — |
| | — |
| | — |
| | 11,105 |
| 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 Cash Flows [Table Text Block] |
Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2017 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net cash provided by operating activities | $ | 483,481 |
| | $ | 152,101 |
| | $ | 102,405 |
| | $ | 405,950 |
| | $ | (737,138 | ) | | $ | 406,799 |
| Cash flows from investing activities: | | | | | | | | | | | | Capital expenditures | — |
| | (47,600 | ) | | (35,041 | ) | | (301,997 | ) | | — |
| | (384,638 | ) | Change in accounts payable related to capital expenditures | — |
| | (1,988 | ) | | 5,964 |
| | 32,927 |
| | — |
| | 36,903 |
| Acquisitions | — |
| | — |
| | — |
| | (1,461,719 | ) | | — |
| | (1,461,719 | ) | Proceeds from Axeon term loan | — |
| | 110,000 |
| | — |
| | — |
| | — |
| | 110,000 |
| Proceeds from insurance recoveries | — |
| | — |
| | — |
| | 977 |
| | — |
| | 977 |
| Proceeds from sale or disposition of assets | — |
| | 1,955 |
| | 18 |
| | 63 |
| | — |
| | 2,036 |
| Investment in subsidiaries | (1,262,000 | ) | | — |
| | — |
| | (126 | ) | | 1,262,126 |
| | — |
| Net cash (used in) provided by investing activities | (1,262,000 | ) | | 62,367 |
| | (29,059 | ) | | (1,729,875 | ) | | 1,262,126 |
| | (1,696,441 | ) | Cash flows from financing activities: | | | | | | | | | | | | Debt borrowings | — |
| | 2,969,400 |
| | — |
| | 90,700 |
| | — |
| | 3,060,100 |
| Debt repayments | — |
| | (2,400,739 | ) | | — |
| | (86,800 | ) | | — |
| | (2,487,539 | ) | Issuance of preferred units, net of issuance costs | 538,560 |
| | — |
| | — |
| | — |
| | — |
| | 538,560 |
| Issuance of common units, net of issuance costs | 643,878 |
| | — |
| | — |
| | — |
| | — |
| | 643,878 |
| General partner contribution | 13,737 |
| | — |
| | — |
| | — |
| | — |
| | 13,737 |
| Distributions to preferred unitholders | (38,833 | ) | | (19,417 | ) | | (19,416 | ) | | (19,418 | ) | | 58,251 |
| | (38,833 | ) | Distributions to common unitholders and general partner | (446,306 | ) | | (223,153 | ) | | (223,153 | ) | | (223,176 | ) | | 669,482 |
| | (446,306 | ) | Contributions from (distributions to) affiliates | — |
| | 1,262,000 |
| | — |
| | (9,279 | ) | | (1,252,721 | ) | | — |
| Net intercompany activity | 73,206 |
| | (1,801,218 | ) | | 169,223 |
| | 1,558,789 |
| | — |
| | — |
| Other, net | (5,708 | ) | | (1,317 | ) | | — |
| | (300 | ) | | — |
| | (7,325 | ) | Net cash provided by (used in) financing activities | 778,534 |
| | (214,444 | ) | | (73,346 | ) | | 1,310,516 |
| | (524,988 | ) | | 1,276,272 |
| Effect of foreign exchange rate changes on cash | — |
| | — |
| | — |
| | 1,720 |
| | — |
| | 1,720 |
| Net increase (decrease) in cash and cash equivalents | 15 |
| | 24 |
| | — |
| | (11,689 | ) | | — |
| | (11,650 | ) | Cash and cash equivalents as of the beginning of the period | 870 |
| | 5 |
| | — |
| | 35,067 |
| | — |
| | 35,942 |
| Cash and cash equivalents as of the end of the period | $ | 885 |
| | $ | 29 |
| | $ | — |
| | $ | 23,378 |
| | $ | — |
| | $ | 24,292 |
|
Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2016 (Thousands of Dollars) | | | | | | | | | | | | | | | | | | | | | | | | | | NuStar Energy | | NuStar Logistics | | NuPOP | | Non-Guarantor Subsidiaries | | Eliminations | | Consolidated | Net cash provided by operating activities | $ | 391,773 |
| | $ | 167,900 |
| | $ | 211,816 |
| | $ | 359,283 |
| | $ | (694,011 | ) | | $ | 436,761 |
| Cash flows from investing activities: | | | | | | | | | | | | Capital expenditures | — |
| | (64,334 | ) | | (52,637 | ) | | (87,387 | ) | | — |
| | (204,358 | ) | Change in accounts payable related to capital expenditures | — |
| | (10,076 | ) | | (285 | ) | | (702 | ) | | — |
| | (11,063 | ) | Acquisitions | — |
| | (95,657 | ) | | — |
| | — |
| | — |
| | (95,657 | ) | Investment in subsidiaries | — |
| | — |
| | (212,900 | ) | | — |
| | 212,900 |
| | — |
| Net cash used in investing activities | — |
| | (170,067 | ) | | (265,822 | ) | | (88,089 | ) | | 212,900 |
| | (311,078 | ) | Cash flows from financing activities: | | | | | | | | | | | | Debt borrowings | — |
| | 1,365,529 |
| | — |
| | 41,200 |
| | — |
| | 1,406,729 |
| Debt repayments | — |
| | (1,419,852 | ) | | — |
| | (36,300 | ) | | — |
| | (1,456,152 | ) | Issuance of preferred units, net of
issuance costs | 218,400 |
| | — |
| | — |
| | — |
| | — |
| | 218,400 |
| Issuance of common units, net of
issuance costs | 27,710 |
| | — |
| | — |
| | — |
| | — |
| | 27,710 |
| General partner contribution | 680 |
| | — |
| | — |
| | — |
| | — |
| | 680 |
| Distributions to common unitholders and general partner | (392,962 | ) | | (196,481 | ) | | (196,481 | ) | | (196,501 | ) | | 589,463 |
| | (392,962 | ) | Contributions from affiliates | — |
| | — |
| | — |
| | 108,352 |
| | (108,352 | ) | | — |
| Net intercompany activity | (241,131 | ) | | 255,326 |
| | 250,487 |
| | (264,682 | ) | | — |
| | — |
| Other, net | (4,485 | ) | | (2,354 | ) | | — |
| | (8,890 | ) | | — |
| | (15,729 | ) | Net cash (used in) provided by financing activities | (391,788 | ) | | 2,168 |
| | 54,006 |
| | (356,821 | ) | | 481,111 |
| | (211,324 | ) | Effect of foreign exchange rate changes on cash | — |
| | — |
| | — |
| | 2,721 |
| | — |
| | 2,721 |
| Net (decrease) increase in cash and cash equivalents | (15 | ) | | 1 |
| | — |
| | (82,906 | ) | | — |
| | (82,920 | ) | Cash and cash equivalents as of the beginning of the period | 885 |
| | 4 |
| | — |
| | 117,973 |
| | — |
| | 118,862 |
| Cash and cash equivalents as of the end of the period | $ | 870 |
| | $ | 5 |
| | $ | — |
| | $ | 35,067 |
| | $ | — |
| | $ | 35,942 |
|
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 | ) | Proceeds from insurance recoveries | — |
| | — |
| | — |
| | 4,867 |
| | — |
| | 4,867 |
| Proceeds from sale or disposition of assets | — |
| | 10,320 |
| | 22 |
| | 6,790 |
| | — |
| | 17,132 |
| Investment in other long-term assets | — |
| | — |
| | — |
| | (3,564 | ) | | — |
| | (3,564 | ) | 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 common 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 |
|
|