ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

Swipe to see the full flow
ENTERPRISE PRODUCTS PARTNERS L.P. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $1,432,000,000.00Depreciation and accretion → Operating adjustments reconciliation: $498,000,000.00Distributions received from unconsolidated affiliates attributable to earnings → Operating adjustments reconciliation: $99,000,000.00Amortization of intangible assets → Operating adjustments reconciliation: $54,000,000.00Other amortization expense → Operating adjustments reconciliation: $51,000,000.00Impairment of assets other than goodwill → Operating adjustments reconciliation: $27,000,000.00Non-cash expense related to long-term operating leases → Operating adjustments reconciliation: $25,000,000.00Amortization of major maintenance costs for reaction-based plants → Operating adjustments reconciliation: $15,000,000.00Deferred income tax expense → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $640,000,000.00Operating adjustments reconciliation → Equity in income of unconsolidated affiliates: $99,000,000.00Operating adjustments reconciliation → Net effect of changes in operating accounts: $36,000,000.00Operating adjustments reconciliation → Change in fair market value of derivative instruments: $3,000,000.00Borrowings under debt agreements → financing reconciliation: $14,175,000,000.00Cash contributions from noncontrolling interests → financing reconciliation: $8,000,000.00financing reconciliation → Net cash from financing activities: $319,000,000.00financing reconciliation → Repayments of debt: $12,586,000,000.00financing reconciliation → Cash distributions paid to common unitholders: $1,139,000,000.00financing reconciliation → Repurchase of common units under 2019 Buyback Program: $76,000,000.00financing reconciliation → Debt issuance costs: $25,000,000.00financing reconciliation → Cash distributions paid to noncontrolling interests: $21,000,000.00financing reconciliation → Cash payments made in connection with distribution equivalent rights: $11,000,000.00financing reconciliation → Monetization of interest rate derivative instruments: $4,000,000.00financing reconciliation → Other financing activities: $2,000,000.00Net cash used in investing activities → investing reconciliation: $1,152,000,000.00Distributions received from unconsolidated affiliates attributable to the return of capital → investing reconciliation: $25,000,000.00Proceeds from asset sales and other matters → investing reconciliation: $5,000,000.00investing reconciliation → Capital expenditures: $1,174,000,000.00investing reconciliation → Other investing activities: $8,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $434,000,000.00Net cash from operating activities → Cash sources and uses: $2,072,000,000.00Net cash from financing activities → Cash sources and uses: $319,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,673,000,000.00Cash sources and uses → Net cash used in investing activities: $1,152,000,000.00Net effect of changes in operating accounts: -$36,000,000.00Operating capital changes−$36.00 MDistributions received from unconsolidated affiliates attributable to earnings: $99,000,000.00Equity-method distributions+$99.00 MImpairment of assets other than goodwill: $27,000,000.00Other asset impairments+$27.00 MNet losses (gains) attributable to asset sales and related matters: $0.00Deferred income tax expense: $9,000,000.00Deferred income taxes+$9.00 MOther operating activities: $0.00Change in fair market value of derivative instruments: -$3,000,000.00Derivative value change−$3.00 MDepreciation and accretion: $498,000,000.00Depreciation and accretion+$498.00 MNet income: $1,432,000,000.00Net income+$1.43 BEquity in income of unconsolidated affiliates: -$99,000,000.00Equity-method results−$99.00 MAmortization of major maintenance costs for reaction-based plants: $15,000,000.00Major maintenance amort.+$15.00 MOther amortization expense: $51,000,000.00Other amortization expense+$51.00 MAmortization of intangible assets: $54,000,000.00Intangible amortization+$54.00 MNon-cash expense related to long-term operating leases: $25,000,000.00Operating lease amortization+$25.00 MNet cash from operating activities: $2,072,000,000.00Operating cash+$2.07 BOperating adjustments reconciliation: $778,000,000.00Monetization of interest rate derivative instruments: -$4,000,000.00Financing hedges, net−$4.00 MBorrowings under debt agreements: $14,175,000,000.00Debt issued+$14.18 BCash distributions paid to common unitholders: -$1,139,000,000.00Distributions to unitholders−$1.14 BRepayments of debt: -$12,586,000,000.00Debt repaid−$12.59 BCash payments made in connection with distribution equivalent rights: -$11,000,000.00Distribution equivalents paid−$11.00 MCash contributions from noncontrolling interests: $8,000,000.00From noncontrolling interests+$8.00 MCash distributions paid to noncontrolling interests: -$21,000,000.00Noncontrolling dividends−$21.00 MDebt issuance costs: -$25,000,000.00Debt issuance costs−$25.00 MOther financing activities: -$2,000,000.00Other financing, net−$2.00 MRepurchase of common units under 2019 Buyback Program: -$76,000,000.00Common stock repurchases−$76.00 MAcquisition of noncontrolling interests: $0.00Net cash from financing activities: $319,000,000.00Financing cash+$319.00 Mfinancing reconciliation: $14,183,000,000.00Other investing activities: -$8,000,000.00Other investing, net−$8.00 MCapital expenditures: -$1,174,000,000.00PP&E purchases−$1.17 BInvestments in unconsolidated affiliates: $0.00Proceeds from asset sales and other matters: $5,000,000.00Asset sales+$5.00 MDistributions received from unconsolidated affiliates attributable to the return of capital: $25,000,000.00Equity-method return of capital+$25.00 MNet cash used in investing activities: -$1,152,000,000.00. Cash required to fund net payments.Investing cash−$1.15 Binvesting reconciliation: $1,182,000,000.00Cash sources and uses: $2,825,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $434,000,000.00Beginning cash$434.00 MEnding cash: Cash, cash equivalents, and restricted cash: $1,673,000,000.00Ending cash$1.67 BCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$898.00 MOperating cash − cash spent on PP&ECash flow / Net income1.45×Operating cash flow ÷ net incomeNet cash change+$1.24 BEnding cash − beginning cash
Chart details

ENTERPRISE PRODUCTS PARTNERS L.P. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2024
434,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,072,000,000 US dollars. Net cash provided.
Net effect of changes in operating accounts
negative 36,000,000 US dollars
Distributions received from unconsolidated affiliates attributable to earnings
99,000,000 US dollars
Impairment of assets other than goodwill
27,000,000 US dollars
Net losses (gains) attributable to asset sales and related matters
0 US dollars
Deferred income tax expense
9,000,000 US dollars
Other operating activities
0 US dollars
Change in fair market value of derivative instruments
negative 3,000,000 US dollars
Depreciation and accretion
498,000,000 US dollars
Net income
1,432,000,000 US dollars
Equity in income of unconsolidated affiliates
negative 99,000,000 US dollars
Amortization of major maintenance costs for reaction-based plants
15,000,000 US dollars
Other amortization expense
51,000,000 US dollars
Amortization of intangible assets
54,000,000 US dollars
Non-cash expense related to long-term operating leases
25,000,000 US dollars
Investing activities
negative 1,152,000,000 US dollars. Net cash used.
Other investing activities
negative 8,000,000 US dollars
Capital expenditures
negative 1,174,000,000 US dollars
Investments in unconsolidated affiliates
0 US dollars
Proceeds from asset sales and other matters
5,000,000 US dollars
Distributions received from unconsolidated affiliates attributable to the return of capital
25,000,000 US dollars
Financing activities
319,000,000 US dollars. Net cash provided.
Monetization of interest rate derivative instruments
negative 4,000,000 US dollars
Borrowings under debt agreements
14,175,000,000 US dollars
Cash distributions paid to common unitholders
negative 1,139,000,000 US dollars
Repayments of debt
negative 12,586,000,000 US dollars
Cash payments made in connection with distribution equivalent rights
negative 11,000,000 US dollars
Cash contributions from noncontrolling interests
8,000,000 US dollars
Cash distributions paid to noncontrolling interests
negative 21,000,000 US dollars
Debt issuance costs
negative 25,000,000 US dollars
Other financing activities
negative 2,000,000 US dollars
Repurchase of common units under 2019 Buyback Program
negative 76,000,000 US dollars
Acquisition of noncontrolling interests
0 US dollars
Operating adjustment reconciliation
778,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
14,183,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,182,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Sep 30, 2024
1,673,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,825,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
1,239,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.45×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
2,072,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,174,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
898,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $640.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 2,072,000,000 US dollars minus 1,174,000,000 US dollars equals 898,000,000 US dollars.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) FY2024 Q3 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!