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Condensed Consolidating Financial Information (Tables)
12 Months Ended
Dec. 31, 2013
Condensed Consolidating Financial Information [Abstract]  
Condensed Consolidating Financial Information
Enterprise Products Partners L.P.
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
  
16,211.5
   
15.0
   
--
   
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
  
11.9
   
160.4
   
--
   
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.
Condensed Consolidating Balance Sheet
December 31, 2012

 
 
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
 
$
4.3
  
$
28.0
  
$
(12.1
)
 
$
20.2
  
$
0.2
  
$
--
  
$
20.4
 
Accounts receivable – trade, net
  
1,585.2
   
2,768.7
   
(3.0
)
  
4,350.9
   
--
   
--
   
4,350.9
 
Accounts receivable – related parties
  
180.5
   
1,372.8
   
(1,550.8
)
  
2.5
   
(0.6
)
  
0.6
   
2.5
 
Inventories
  
853.6
   
235.6
   
(0.8
)
  
1,088.4
   
--
   
--
   
1,088.4
 
Prepaid and other current assets
  
154.9
   
231.8
   
(5.8
)
  
380.9
   
--
   
--
   
380.9
 
Total current assets
  
2,778.5
   
4,636.9
   
(1,572.5
)
  
5,842.9
   
(0.4
)
  
0.6
   
5,843.1
 
Property, plant and equipment, net
  
1,673.6
   
23,170.8
   
2.0
   
24,846.4
   
--
   
--
   
24,846.4
 
Investments in unconsolidated affiliates
  
28,454.4
   
1,846.9
   
(28,906.7
)
  
1,394.6
   
13,188.0
   
(13,188.0
)
  
1,394.6
 
Intangible assets, net
  
78.5
   
1,488.3
   
--
   
1,566.8
   
--
   
--
   
1,566.8
 
Goodwill
  
458.9
   
1,627.9
   
--
   
2,086.8
   
--
   
--
   
2,086.8
 
Other assets
  
126.0
   
71.4
   
(0.9
)
  
196.5
   
0.2
   
--
   
196.7
 
Total assets
 
$
33,569.9
  
$
32,842.2
  
$
(30,478.1
)
 
$
35,934.0
  
$
13,187.8
  
$
(13,187.4
)
 
$
35,934.4
 
 
                            
LIABILITIES AND EQUITY
                            
Current liabilities:
                            
Current maturities of debt
 
$
1,516.7
  
$
29.9
  
$
--
  
$
1,546.6
  
$
--
  
$
--
  
$
1,546.6
 
Accounts payable – trade
  
226.7
   
549.8
   
(12.1
)
  
764.4
   
0.1
   
--
   
764.5
 
Accounts payable – related parties
  
1,584.2
   
92.9
   
(1,550.6
)
  
126.5
   
--
   
0.6
   
127.1
 
Accrued product payables
  
1,851.8
   
2,628.4
   
(4.0
)
  
4,476.2
   
--
   
--
   
4,476.2
 
Accrued interest
  
300.1
   
0.7
   
--
   
300.8
   
--
   
--
   
300.8
 
Other current liabilities
  
266.5
   
280.0
   
(5.8
)
  
540.7
   
--
   
(0.2
)
  
540.5
 
Total current liabilities
  
5,746.0
   
3,581.7
   
(1,572.5
)
  
7,755.2
   
0.1
   
0.4
   
7,755.7
 
Long-term debt
  
14,640.2
   
15.0
   
--
   
14,655.2
   
--
   
--
   
14,655.2
 
Deferred tax liabilities
  
5.1
   
17.7
   
(0.9
)
  
21.9
   
--
   
0.6
   
22.5
 
Other long-term liabilities
  
15.6
   
189.4
   
--
   
205.0
   
--
   
--
   
205.0
 
Commitments and contingencies
                            
Equity:
                            
Partners' and other owners' equity
  
13,163.0
   
28,963.7
   
(28,961.1
)
  
13,165.6
   
13,187.7
   
(13,165.6
)
  
13,187.7
 
Noncontrolling interests
  
--
   
74.7
   
56.4
   
131.1
   
--
   
(22.8
)
  
108.3
 
Total equity
  
13,163.0
   
29,038.4
   
(28,904.7
)
  
13,296.7
   
13,187.7
   
(13,188.4
)
  
13,296.0
 
Total liabilities and equity
 
$
33,569.9
  
$
32,842.2
  
$
(30,478.1
)
 
$
35,934.0
  
$
13,187.8
  
$
(13,187.4
)
 
$
35,934.4
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended 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
 
Revenues
 
$
30,007.4
  
$
31,641.3
  
$
(13,921.7
)
 
$
47,727.0
  
$
--
  
$
--
  
$
47,727.0
 
Costs and expenses:
                            
Operating costs and expenses
  
29,176.7
   
28,983.7
   
(13,921.7
)
  
44,238.7
   
--
   
--
   
44,238.7
 
General and administrative costs
  
29.1
   
157.0
   
--
   
186.1
   
2.2
   
--
   
188.3
 
Total costs and expenses
  
29,205.8
   
29,140.7
   
(13,921.7
)
  
44,424.8
   
2.2
   
--
   
44,427.0
 
Equity in income of unconsolidated affiliates
  
2,609.0
   
204.8
   
(2,646.5
)
  
167.3
   
2,599.1
   
(2,599.1
)
  
167.3
 
Operating income
  
3,410.6
   
2,705.4
   
(2,646.5
)
  
3,469.5
   
2,596.9
   
(2,599.1
)
  
3,467.3
 
Other income (expense):
                            
Interest expense
  
(800.8
)
  
(1.7
)
  
--
   
(802.5
)
  
--
   
--
   
(802.5
)
Other, net
  
0.3
   
(0.5
)
  
--
   
(0.2
)
  
--
   
--
   
(0.2
)
Total other expense, net
  
(800.5
)
  
(2.2
)
  
--
   
(802.7
)
  
--
   
--
   
(802.7
)
Income before income taxes
  
2,610.1
   
2,703.2
   
(2,646.5
)
  
2,666.8
   
2,596.9
   
(2,599.1
)
  
2,664.6
 
Benefit from (provision for) income taxes
  
(13.9
)
  
(42.6
)
  
--
   
(56.5
)
  
--
   
(1.0
)
  
(57.5
)
Net income
  
2,596.2
   
2,660.6
   
(2,646.5
)
  
2,610.3
   
2,596.9
   
(2,600.1
)
  
2,607.1
 
Net income attributable to noncontrolling interests
  
--
   
(1.2
)
  
(12.9
)
  
(14.1
)
  
--
   
3.9
   
(10.2
)
Net income attributable to entity
 
$
2,596.2
  
$
2,659.4
  
$
(2,659.4
)
 
$
2,596.2
  
$
2,596.9
  
$
(2,596.2
)
 
$
2,596.9
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2012

 
 
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
 
$
29,654.7
  
$
28,221.5
  
$
(15,293.1
)
 
$
42,583.1
  
$
--
  
$
--
  
$
42,583.1
 
Costs and expenses:
                            
Operating costs and expenses
  
28,839.1
   
25,821.8
   
(15,293.0
)
  
39,367.9
   
--
   
--
   
39,367.9
 
General and administrative costs
  
26.1
   
142.7
   
--
   
168.8
   
1.5
   
--
   
170.3
 
Total costs and expenses
  
28,865.2
   
25,964.5
   
(15,293.0
)
  
39,536.7
   
1.5
   
--
   
39,538.2
 
Equity in income of unconsolidated affiliates
  
2,381.8
   
80.7
   
(2,398.2
)
  
64.3
   
2,421.4
   
(2,421.4
)
  
64.3
 
Operating income
  
3,171.3
   
2,337.7
   
(2,398.3
)
  
3,110.7
   
2,419.9
   
(2,421.4
)
  
3,109.2
 
Other income (expense):
                            
Interest expense
  
(767.1
)
  
(4.7
)
  
--
   
(771.8
)
  
--
   
--
   
(771.8
)
Other, net
  
0.1
   
73.3
   
--
   
73.4
   
--
   
--
   
73.4
 
Total other expense, net
  
(767.0
)
  
68.6
   
--
   
(698.4
)
  
--
   
--
   
(698.4
)
Income before income taxes
  
2,404.3
   
2,406.3
   
(2,398.3
)
  
2,412.3
   
2,419.9
   
(2,421.4
)
  
2,410.8
 
Provision for income taxes
  
15.7
   
2.4
   
--
   
18.1
   
--
   
(0.9
)
  
17.2
 
Net income
  
2,420.0
   
2,408.7
   
(2,398.3
)
  
2,430.4
   
2,419.9
   
(2,422.3
)
  
2,428.0
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(5.1
)
  
(5.3
)
  
(10.4
)
  
--
   
2.3
   
(8.1
)
Net income attributable to entity
 
$
2,420.0
  
$
2,403.6
  
$
(2,403.6
)
 
$
2,420.0
  
$
2,419.9
  
$
(2,420.0
)
 
$
2,419.9
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Operations
For the Year Ended December 31, 2011

 
 
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
 
$
33,063.8
  
$
27,971.8
  
$
(16,722.6
)
 
$
44,313.0
  
$
--
  
$
--
  
$
44,313.0
 
Costs and expenses:
                            
Operating costs and expenses
  
32,432.7
   
25,609.7
   
(16,723.9
)
  
41,318.5
   
--
   
--
   
41,318.5
 
General and administrative costs
  
10.4
   
163.7
   
--
   
174.1
   
7.7
   
--
   
181.8
 
Total costs and expenses
  
32,443.1
   
25,773.4
   
(16,723.9
)
  
41,492.6
   
7.7
   
--
   
41,500.3
 
Equity in income of unconsolidated affiliates
  
2,194.4
   
131.7
   
(2,279.7
)
  
46.4
   
2,054.6
   
(2,054.6
)
  
46.4
 
Operating income
  
2,815.1
   
2,330.1
   
(2,278.4
)
  
2,866.8
   
2,046.9
   
(2,054.6
)
  
2,859.1
 
Other income (expense):
                            
Interest expense
  
(725.1
)
  
(26.4
)
  
7.4
   
(744.1
)
  
--
   
--
   
(744.1
)
Other, net
  
7.8
   
0.1
   
(7.4
)
  
0.5
   
--
   
--
   
0.5
 
Total other expense, net
  
(717.3
)
  
(26.3
)
  
--
   
(743.6
)
  
--
   
--
   
(743.6
)
Income before income taxes
  
2,097.8
   
2,303.8
   
(2,278.4
)
  
2,123.2
   
2,046.9
   
(2,054.6
)
  
2,115.5
 
Provision for income taxes
  
(45.3
)
  
18.4
   
--
   
(26.9
)
  
--
   
(0.3
)
  
(27.2
)
Net income
  
2,052.5
   
2,322.2
   
(2,278.4
)
  
2,096.3
   
2,046.9
   
(2,054.9
)
  
2,088.3
 
Net loss (income) attributable to noncontrolling interests
  
--
   
(51.7
)
  
9.2
   
(42.5
)
  
--
   
1.1
   
(41.4
)
Net income attributable to entity
 
$
2,052.5
  
$
2,270.5
  
$
(2,269.2
)
 
$
2,053.8
  
$
2,046.9
  
$
(2,053.8
)
 
$
2,046.9
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended 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
 
Comprehensive income
 
$
2,616.5
  
$
2,651.6
  
$
(2,646.5
)
 
$
2,621.6
  
$
2,608.3
  
$
(2,611.4
)
 
$
2,618.5
 
Comprehensive income attributable to noncontrolling interests
  
--
   
(1.2
)
  
(12.9
)
  
(14.1
)
  
--
   
3.9
   
(10.2
)
Comprehensive income attributable to entity
 
$
2,616.5
  
$
2,650.4
  
$
(2,659.4
)
 
$
2,607.5
  
$
2,608.3
  
$
(2,607.5
)
 
$
2,608.3
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 31, 2012

 
 
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
 
$
2,375.8
  
$
2,433.9
  
$
(2,398.3
)
 
$
2,411.4
  
$
2,400.9
  
$
(2,403.3
)
 
$
2,409.0
 
Comprehensive income attributable to noncontrolling interests
  
--
   
(5.1
)
  
(5.3
)
  
(10.4
)
  
--
   
2.3
   
(8.1
)
Comprehensive income attributable to entity
 
$
2,375.8
  
$
2,428.8
  
$
(2,403.6
)
 
$
2,401.0
  
$
2,400.9
  
$
(2,401.0
)
 
$
2,400.9
 

Enterprise Products Partners L.P.
Condensed Consolidating Statement of Comprehensive Income
For the Year Ended December 31, 2011
 
 
 
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
 
$
1,737.4
  
$
2,319.4
  
$
(2,278.3
)
 
$
1,778.5
  
$
1,729.1
  
$
(1,737.1
)
 
$
1,770.5
 
Comprehensive income attributable to noncontrolling interests
  
--
   
(51.7
)
  
9.2
 
  
(42.5
)
  
--
   
1.1
   
(41.4
)
Comprehensive income attributable to entity
 
$
1,737.4
  
$
2,267.7
  
$
(2,269.1
)
 
$
1,736.0
  
$
1,729.1
  
$
(1,736.0
)
 
$
1,729.1
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended 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
 
Operating activities:
 
  
  
  
  
  
  
 
Net income
 
$
2,596.2
  
$
2,660.6
  
$
(2,646.5
)
 
$
2,610.3
  
$
2,596.9
  
$
(2,600.1
)
 
$
2,607.1
 
Reconciliation of net income to net cash flows provided by operating activities:
                            
Depreciation, amortization and accretion
  
143.5
   
1,072.8
   
1.3
   
1,217.6
   
--
   
--
   
1,217.6
 
Equity in income of unconsolidated affiliates
  
(2,609.0
)
  
(204.8
)
  
2,646.5
   
(167.3
)
  
(2,599.1
)
  
2,599.1
   
(167.3
)
Distributions received from unconsolidated affiliates
  
4,523.2
   
233.7
   
(4,505.3
)
  
251.6
   
2,454.4
   
(2,454.4
)
  
251.6
 
Net effect of changes in operating accounts and other operating activities
  
(1,351.0
)
  
1,323.4
   
(10.1
)
  
(37.7
)
  
(7.8
)
  
2.0
   
(43.5
)
Net cash flows provided by operating activities
  
3,302.9
   
5,085.7
   
(4,514.1
)
  
3,874.5
   
2,444.4
   
(2,453.4
)
  
3,865.5
 
Investing activities:
                            
Capital expenditures, net of contributions in aid of construction costs
  
(517.8
)
  
(2,864.4
)
  
--
   
(3,382.2
)
  
--
   
--
   
(3,382.2
)
Proceeds from asset sales and insurance recoveries
  
59.6
   
221.0
   
--
   
280.6
   
--
   
--
   
280.6
 
Other investing activities
  
(3,163.6
)
  
(769.5
)
  
2,777.2
   
(1,155.9
)
  
(1,791.1
)
  
1,791.1
   
(1,155.9
)
Cash used in investing activities
  
(3,621.8
)
  
(3,412.9
)
  
2,777.2
   
(4,257.5
)
  
(1,791.1
)
  
1,791.1
   
(4,257.5
)
Financing activities:
                            
Borrowings under debt agreements
  
13,852.8
   
--
   
--
   
13,852.8
   
--
   
--
   
13,852.8
 
Repayments of debt
  
(12,650.8
)
  
(29.8
)
  
--
   
(12,680.6
)
  
--
   
--
   
(12,680.6
)
Cash distributions paid to partners
  
(2,453.4
)
  
(4,514.1
)
  
4,514.1
   
(2,453.4
)
  
(2,400.4
)
  
2,453.5
   
(2,400.3
)
Cash distributions paid to noncontrolling interests
  
--
   
--
   
(8.9
)
  
(8.9
)
  
--
   
--
   
(8.9
)
Cash contributions from noncontrolling interests
  
--
   
--
   
115.4
   
115.4
   
--
   
--
   
115.4
 
Net cash proceeds from the issuance of common units
  
--
   
--
   
--
   
--
   
1,792.0
   
--
   
1,792.0
 
Cash contributions from owners
  
1,791.2
   
2,892.6
   
(2,892.6
)
  
1,791.2
   
--
   
(1,791.2
)
  
--
 
Other financing activities
  
(192.5
)
  
--
   
--
   
(192.5
)
  
(45.1
)
  
--
   
(237.6
)
Cash provided by (used in) financing activities
  
347.3
   
(1,651.3
)
  
1,728.0
   
424.0
   
(653.5
)
  
662.3
   
432.8
 
Net change in cash and cash equivalents
  
28.4
   
21.5
   
(8.9
)
  
41.0
   
(0.2
)
  
--
   
40.8
 
Cash and cash equivalents, January 1
  
--
   
28.0
   
(12.1
)
  
15.9
   
0.2
   
--
   
16.1
 
Cash and cash equivalents, December 31
 
$
28.4
  
$
49.5
  
$
(21.0
)
 
$
56.9
  
$
--
  
$
--
  
$
56.9
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2012

 
 
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
 
$
2,420.0
  
$
2,408.7
  
$
(2,398.3
)
 
$
2,430.4
  
$
2,419.9
  
$
(2,422.3
)
 
$
2,428.0
 
Reconciliation of net income to net cash flows provided by operating activities:
                            
Depreciation, amortization and accretion
  
118.0
   
986.9
   
--
   
1,104.9
   
--
   
--
   
1,104.9
 
Equity in income of unconsolidated affiliates
  
(2,381.8
)
  
(80.7
)
  
2,398.2
   
(64.3
)
  
(2,421.4
)
  
2,421.4
   
(64.3
)
Distributions received from unconsolidated affiliates
  
3,918.9
   
106.6
   
(3,908.8
)
  
116.7
   
2,209.3
   
(2,209.3
)
  
116.7
 
Net effect of changes in operating accounts and other operating activities
  
(2,174.9
)
  
1,485.3
   
(0.8
)
  
(690.4
)
  
(4.9
)
  
0.9
   
(694.4
)
Net cash flows provided by operating activities
  
1,900.2
   
4,906.8
   
(3,909.7
)
  
2,897.3
   
2,202.9
   
(2,209.3
)
  
2,890.9
 
Investing activities:
                            
Capital expenditures, net of contributions in aid of construction costs
  
(219.5
)
  
(3,379.0
)
  
--
   
(3,598.5
)
  
--
   
--
   
(3,598.5
)
Proceeds from asset sales and insurance recoveries
  
1,137.2
   
61.6
   
--
   
1,198.8
   
--
   
--
   
1,198.8
 
Other investing activities
  
(2,961.4
)
  
(432.3
)
  
2,774.6
   
(619.1
)
  
(816.2
)
  
816.2
   
(619.1
)
Cash used in investing activities
  
(2,043.7
)
  
(3,749.7
)
  
2,774.6
   
(3,018.8
)
  
(816.2
)
  
816.2
   
(3,018.8
)
Financing activities:
                            
Borrowings under debt agreements
  
8,363.1
   
--
   
--
   
8,363.1
   
--
   
--
   
8,363.1
 
Repayments of debt
  
(6,666.9
)
  
(9.5
)
  
--
   
(6,676.4
)
  
--
   
--
   
(6,676.4
)
Cash distributions paid to partners
  
(2,209.3
)
  
(3,922.1
)
  
3,922.1
   
(2,209.3
)
  
(2,178.6
)
  
2,209.3
   
(2,178.6
)
Cash distributions paid to noncontrolling interests
  
--
   
--
   
(13.3
)
  
(13.3
)
  
--
   
--
   
(13.3
)
Cash contributions from noncontrolling interests
  
--
   
--
   
6.6
   
6.6
   
--
   
--
   
6.6
 
Net cash proceeds from the issuance of common units
  
--
   
--
   
--
   
--
   
816.8
   
--
   
816.8
 
Cash contributions from owners
  
816.2
   
2,781.2
   
(2,781.2
)
  
816.2
   
--
   
(816.2
)
  
--
 
Other financing activities
  
(169.3
)
  
--
   
--
   
(169.3
)
  
(24.7
)
  
--
   
(194.0
)
Cash provided by (used in) financing activities
  
133.8
   
(1,150.4
)
  
1,134.2
   
117.6
   
(1,386.5
)
  
1,393.1
   
124.2
 
Net change in cash and cash equivalents
  
(9.7
)
  
6.7
   
(0.9
)
  
(3.9
)
  
0.2
   
--
   
(3.7
)
Cash and cash equivalents, January 1
  
9.7
   
21.3
   
(11.2
)
  
19.8
   
--
   
--
   
19.8
 
Cash and cash equivalents, December 31
 
$
--
  
$
28.0
  
$
(12.1
)
 
$
15.9
  
$
0.2
  
$
--
  
$
16.1
 
 
Enterprise Products Partners L.P.
Condensed Consolidating Statement of Cash Flows
For the Year Ended December 31, 2011

 
 
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
 
$
2,052.5
  
$
2,322.2
  
$
(2,278.4
)
 
$
2,096.3
  
$
2,046.9
  
$
(2,054.9
)
 
$
2,088.3
 
Reconciliation of net income to net cash flows provided by operating activities:
                            
Depreciation, amortization and accretion
  
119.7
   
888.7
   
(1.4
)
  
1,007.0
   
--
   
--
   
1,007.0
 
Equity in income of unconsolidated affiliates
  
(2,194.4
)
  
(131.7
)
  
2,279.7
   
(46.4
)
  
(2,054.6
)
  
2,054.6
   
(46.4
)
Distributions received from unconsolidated affiliates
  
150.3
   
196.8
   
(190.7
)
  
156.4
   
1,994.9
   
(1,994.9
)
  
156.4
 
Net effect of changes in operating accounts and other operating activities
  
1,036.4
   
(118.5
)
  
(789.8
)
  
128.1
   
(3.4
)
  
0.5
   
125.2
 
Net cash flows provided by operating activities
  
1,164.5
   
3,157.5
   
(980.6
)
  
3,341.4
   
1,983.8
   
(1,994.7
)
  
3,330.5
 
Investing activities:
                            
Capital expenditures, net of contributions in aid of construction costs
  
(63.4
)
  
(3,779.2
)
  
--
   
(3,842.6
)
  
--
   
--
   
(3,842.6
)
Proceeds from asset sales and insurance recoveries
  
611.5
   
442.3
   
--
   
1,053.8
   
--
   
--
   
1,053.8
 
Other investing activities
  
(1,991.7
)
  
(1,312.6
)
  
3,315.5
   
11.2
   
(546.9
)
  
546.9
   
11.2
 
Cash used in investing activities
  
(1,443.6
)
  
(4,649.5
)
  
3,315.5
   
(2,777.6
)
  
(546.9
)
  
546.9
   
(2,777.6
)
Financing activities:
                            
Borrowings under debt agreements
  
7,764.1
   
560.0
   
--
   
8,324.1
   
--
   
--
   
8,324.1
 
Repayments of debt
  
(5,970.0
)
  
(1,405.8
)
  
--
   
(7,375.8
)
  
--
   
--
   
(7,375.8
)
Cash distributions paid to partners
  
(1,994.9
)
  
(946.8
)
  
946.8
   
(1,994.9
)
  
(1,974.3
)
  
1,994.9
   
(1,974.3
)
Cash distributions paid to noncontrolling interests
  
--
   
(108.1
)
  
47.4
   
(60.7
)
  
--
   
--
   
(60.7
)
Cash contributions from noncontrolling interests
  
--
   
724.8
   
(716.1
)
  
8.7
   
--
   
(0.2
)
  
8.5
 
Net cash proceeds from the issuance of common units
  
--
   
--
   
--
   
--
   
542.9
   
--
   
542.9
 
Cash contributions from owners
  
546.9
   
2,621.3
   
(2,621.3
)
  
546.9
   
--
   
(546.9
)
  
--
 
Other financing activities
  
(57.8
)
  
--
   
--
   
(57.8
)
  
(5.5
)
  
--
   
(63.3
)
Cash provided by (used in) financing activities
  
288.3
   
1,445.4
   
(2,343.2
)
  
(609.5
)
  
(1,436.9
)
  
1,447.8
   
(598.6
)
Net change in cash and cash equivalents
  
9.2
   
(46.6
)
  
(8.3
)
  
(45.7
)
  
--
   
--
   
(45.7
)
Cash and cash equivalents, January 1
  
0.5
   
67.9
   
(2.9
)
  
65.5
   
--
   
--
   
65.5
 
Cash and cash equivalents, December 31
 
$
9.7
  
$
21.3
  
$
(11.2
)
 
$
19.8
  
$
--
  
$
--
  
$
19.8