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BUSINESS SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Schedule of segment reporting information
The following tables summarize our financial information by each segment for the periods indicated (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
 
 
 
 
 
Revenue:
 

 
 

 
 

Domestic Pipelines & Terminals
$
966,749

 
$
938,036

 
$
844,832

Global Marine Terminals
514,301

 
395,306

 
252,270

Merchant Services
2,037,664

 
5,358,626

 
3,990,575

Intersegment
(65,280
)
 
(71,721
)
 
(33,576
)
Total revenue
$
3,453,434

 
$
6,620,247

 
$
5,054,101

 
For the years ended December 31, 2015, 2014 and 2013, no customer contributed 10% or more of consolidated revenue.

 
Year Ended December 31,
 
2015
 
2014
 
2013
 
 
 
 
 
 
Capital additions, net: (1)
 

 
 

 
 

Domestic Pipelines & Terminals
$
218,283

 
$
221,850

 
$
154,667

Global Marine Terminals
375,267

 
248,905

 
206,472

Merchant Services
970

 
614

 
113

Total segment capital additions, net
594,520

 
471,369

 
361,252

Natural Gas Storage disposal group (2)

 
780

 
193

Total capital additions, net
$
594,520

 
$
472,149

 
$
361,445

____________________________
(1)
Amounts represent cash paid for capital expenditures and exclude $27.5 million, $(49.8) million and $23.3 million of non-cash changes in accounts payable and accruals for capital expenditures for the years ended December 31, 2015, 2014 and 2013, respectively.  See Note 26 for supplemental cash flow information.
(2)
Assets related to the Natural Gas Storage disposal group were classified as “Assets held for sale” as of the year ended December 31, 2013.  In December 2014, we sold our Natural Gas Storage segment and its related assets.  See Note 4 for further information.
 
December 31,
 
2015
 
2014
 
 
 
 
Total Assets:
 

 
 

Domestic Pipelines & Terminals (1)
$
3,498,883

 
$
3,357,410

Global Marine Terminals (2)
4,500,705

 
4,239,792

Merchant Services
369,693

 
468,518

Total assets
$
8,369,281

 
$
8,065,720

____________________________
(1)
All equity investments are included in the assets of the Domestic Pipelines & Terminals segment.
(2)
The Global Marine Terminals segment’s long-lived assets consist of property, plant and equipment, goodwill, intangible assets and other non-current assets.  Total tangible long-lived assets located in our international locations were $1,506.2 million and $1,520.8 million for the years ended December 31, 2015 and 2014, respectively.
Summary of financial information for continuing operations by geographical area
The following tables summarize our financial information for continuing operations, by major geographic area, for the periods indicated (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
 
 
 
 
 
Revenue:
 

 
 

 
 

United States
$
3,115,450

 
$
6,279,142

 
$
4,834,991

International
337,984

 
341,105

 
219,110

Total revenue
$
3,453,434

 
$
6,620,247

 
$
5,054,101

Adjusted EBITDA by segment and reconciliation of income from continuing operations to Adjusted EBITDA
The following tables present Adjusted EBITDA by segment and on a consolidated basis and a reconciliation of income from continuing operations to Adjusted EBITDA for the periods indicated (in thousands):
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
 
 
 
 
 
Adjusted EBITDA from continuing operations:
 

 
 

 
 

Domestic Pipeline & Terminals
$
522,196

 
$
532,071

 
$
486,458

Global Marine Terminals
323,840

 
239,556

 
149,740

Merchant Services
22,026

 
(8,059
)
 
12,616

Adjusted EBITDA from continuing operations
$
868,062

 
$
763,568

 
$
648,814

 
 
 
 
 
 
Reconciliation of Income from continuing operations to Adjusted EBITDA from continuing operations:
 

 
 

 
 

Income from continuing operations
$
438,391

 
$
334,498

 
$
351,599

Less: Net income attributable to noncontrolling interests
(311
)
 
(1,903
)
 
(4,152
)
Income from continuing operations attributable to Buckeye Partners, L.P.
438,080

 
332,595

 
347,447

Add:            Interest and debt expense
171,330

 
171,235

 
130,920

Income tax expense
874

 
451

 
1,060

Depreciation and amortization (1)
221,278

 
196,443

 
147,591

Non-cash unit-based compensation expense
29,215

 
20,867

 
21,013

Acquisition and transition expense (2)
3,127

 
13,048

 
11,806

Litigation contingency accrual (3)
15,229

 
40,000

 

Less:           Amortization of unfavorable storage contracts (4)
(11,071
)
 
(11,071
)
 
(11,023
)
Adjusted EBITDA from continuing operations
$
868,062

 
$
763,568

 
$
648,814

____________________________
(1)
Includes 100% of the depreciation and amortization expense of $49.3 million and $12.3 million for Buckeye Texas for the years ended December 31, 2015 and 2014, respectively.
(2)
Acquisition and transition expense consists of transaction costs, costs for transitional employees, and other employee and third-party costs related to the integration of the acquired assets that are non-recurring in nature.
(3)
Represents reductions in revenue related to settlement of a FERC proceeding. See Note 6 for further discussion.
(4)
Represents the amortization of the negative fair values allocated to certain unfavorable storage contracts acquired in connection with the BORCO acquisition.