ENERGY TRANSFER LP (ET) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-12-31

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ENERGY TRANSFER LP cash flow reconciliation, Jan 1, 2024 through Dec 31, 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. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. 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: $6,565,000,000.00Depreciation, depletion and amortization → Operating adjustments reconciliation: $5,165,000,000.00Proceeds from Equity Method Investment, Distribution → Operating adjustments reconciliation: $356,000,000.00Deferred Income Tax Expense (Benefit) → Operating adjustments reconciliation: $276,000,000.00Non-cash compensation expense → Operating adjustments reconciliation: $151,000,000.00Inventory valuation adjustments → Operating adjustments reconciliation: $86,000,000.00Other Noncash Income (Expense) → Operating adjustments reconciliation: $63,000,000.00Impairment losses and other → Operating adjustments reconciliation: $52,000,000.00(Gains) losses on extinguishments of debt → Operating adjustments reconciliation: $12,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $4,941,000,000.00Operating adjustments reconciliation → Gain (Loss) on Disposition of Assets: $586,000,000.00Operating adjustments reconciliation → Income (Loss) from Equity Method Investments: $379,000,000.00Operating adjustments reconciliation → Net change in operating assets and liabilities, net of effects of acquisitions and divestitures: $196,000,000.00Operating adjustments reconciliation → Distributions on unvested awards: $59,000,000.00Proceeds from sales of other assets - Sunoco LP West Texas Assets → investing reconciliation: $987,000,000.00Distributions from unconsolidated affiliates in excess of cumulative earnings → investing reconciliation: $75,000,000.00Contributions in aid of construction costs → investing reconciliation: $73,000,000.00Cash Acquired from Acquisition → investing reconciliation: $27,000,000.00Proceeds from sales of other assets - Other Assets → investing reconciliation: $24,000,000.00Other, net → investing reconciliation: $12,000,000.00investing reconciliation → Capital expenditures, excluding allowance for equity funds used during construction: $4,164,000,000.00investing reconciliation → Remaining investing cash flows, net (calculated): $2,482,000,000.00investing reconciliation → Cash paid for acquisitions, net of cash received: $250,000,000.00investing reconciliation → Contributions to unconsolidated affiliates: $206,000,000.00Net cash used in financing activities → financing reconciliation: $5,451,000,000.00Proceeds from borrowings → financing reconciliation: $34,150,000,000.00Proceeds from Contributions from Affiliates → financing reconciliation: $638,000,000.00Capital contributions from noncontrolling interests → financing reconciliation: $2,000,000.00financing reconciliation → Repayments of debt: $29,409,000,000.00financing reconciliation → Distributions to partners: $4,623,000,000.00financing reconciliation → Payments for Repurchase of Preferred Stock and Preference Stock - Series A, Series C, Series D and Series E preferred units: $2,645,000,000.00financing reconciliation → Distributions to noncontrolling interests: $1,780,000,000.00financing reconciliation → Remaining financing cash flows, net (calculated): $784,000,000.00financing reconciliation → Repayments of Senior Debt: $749,000,000.00financing reconciliation → Debt issuance costs: $147,000,000.00financing reconciliation → Distributions to redeemable noncontrolling interests: $67,000,000.00financing reconciliation → Payments for Repurchase of Preferred Stock and Preference Stock - Crestwood Niobrara LLC: $37,000,000.00Net cash used in investing activities → investing reconciliation: $5,904,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $161,000,000.00Net cash from operating activities → Cash sources and uses: $11,506,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $312,000,000.00Cash sources and uses → Net cash used in investing activities: $5,904,000,000.00Cash sources and uses → Net cash used in financing activities: $5,451,000,000.00Net change in operating assets and liabilities, net of effects of acquisitions and divestitures: -$196,000,000.00Operating capital changes−$196.00 MImpairment losses and other: $52,000,000.00Asset impairments+$52.00 MNET INCOME: $6,565,000,000.00NET INCOME+$6.57 BDistributions on unvested awards: -$59,000,000.00Distributions on unvested awards−$59.00 MDeferred Income Tax Expense (Benefit): $276,000,000.00Deferred income taxes+$276.00 MOther Noncash Income (Expense): $63,000,000.00Other non-cash items+$63.00 MNon-cash compensation expense: $151,000,000.00Stock-based compensation+$151.00 MGain (Loss) on Disposition of Assets: -$586,000,000.00Asset disposal gain & loss−$586.00 MDepreciation, depletion and amortization: $5,165,000,000.00Depreciation & amortization+$5.17 BProceeds from Equity Method Investment, Distribution: $356,000,000.00Equity-method distributions+$356.00 MInventory valuation adjustments: $86,000,000.00LIFO reserve effect+$86.00 MIncome (Loss) from Equity Method Investments: -$379,000,000.00Equity-method results−$379.00 M(Gains) losses on extinguishments of debt: $12,000,000.00Debt extinguishment gain & loss+$12.00 MNet cash from operating activities: $11,506,000,000.00Operating cash+$11.51 BOperating adjustments reconciliation: $6,161,000,000.00Debt issuance costs: -$147,000,000.00Debt issuance costs−$147.00 MDistributions to partners: -$4,623,000,000.00Distributions to unitholders−$4.62 BProceeds from Contributions from Affiliates: $638,000,000.00Contributions from affiliates+$638.00 MRepayments of debt: -$29,409,000,000.00Long-term debt repaid−$29.41 BPayments for Repurchase of Preferred Stock and Preference Stock - Crestwood Niobrara LLC: -$37,000,000.00Payments for Repurchase of Preferred Stock andPreference Stock - Crestwood Niobrara LLC−$37.00 MPayments for Repurchase of Preferred Stock and Preference Stock - Series A, Series C, Series D and Series E preferred units: -$2,645,000,000.00Payments for Repurchase of Preferred Stock andPreference Stock - Series A, Series C, Series D andSeries E preferred units−$2.65 BDistributions to noncontrolling interests: -$1,780,000,000.00Noncontrolling dividends−$1.78 BRepayments of Senior Debt: -$749,000,000.00Senior debt repaid−$749.00 MDistributions to redeemable noncontrolling interests: -$67,000,000.00Preferred dividends paid−$67.00 MProceeds from borrowings: $34,150,000,000.00Long-term debt issued+$34.15 BCapital contributions from noncontrolling interests: $2,000,000.00Noncontrolling interests, net+$2.00 MRemaining financing cash flows, net (calculated): -$784,000,000.00Remaining financing (calculated)−$784.00 MNet cash used in financing activities: -$5,451,000,000.00. Cash required to fund net payments.Financing cash−$5.45 Bfinancing reconciliation: $40,241,000,000.00Proceeds from Sale of Equity Method Investments: $0.00Distributions from unconsolidated affiliates in excess of cumulative earnings: $75,000,000.00Equity-method return of capital+$75.00 MCapital expenditures, excluding allowance for equity funds used during construction: -$4,164,000,000.00Capital expenditures−$4.16 BOther, net: $12,000,000.00Other investing, net+$12.00 MContributions to unconsolidated affiliates: -$206,000,000.00Investments, net−$206.00 MProceeds from sales of other assets - Sunoco LP West Texas Assets: $987,000,000.00Proceeds from sales of other assets - Sunoco LP WestTexas Assets+$987.00 MProceeds from sales of other assets - Other Assets: $24,000,000.00Proceeds from sales of other assets - Other Assets+$24.00 MCash paid for acquisitions, net of cash received: -$250,000,000.00Acquisitions, net of cash−$250.00 MContributions in aid of construction costs: $73,000,000.00Construction aid received+$73.00 MCash Acquired from Acquisition: $27,000,000.00Cash acquired+$27.00 MRemaining investing cash flows, net (calculated): -$2,482,000,000.00Remaining investing (calculated)−$2.48 BNet cash used in investing activities: -$5,904,000,000.00. Cash required to fund net payments.Investing cash−$5.90 Binvesting reconciliation: $7,102,000,000.00Cash sources and uses: $11,667,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $161,000,000.00Beginning cash$161.00 MEnding cash: Cash, cash equivalents, and restricted cash: $312,000,000.00Ending cash$312.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$7.34 BOperating cash − cash spent on productive assetsCash flow / Net income1.75×Operating cash flow ÷ net incomeNet cash change+$151.00 MEnding cash − beginning cash
Chart details

ENERGY TRANSFER LP cash flow reconciliation, Jan 1, 2024 through Dec 31, 2024

Cash flows for Jan 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
161,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
11,506,000,000 US dollars. Net cash provided.
Net change in operating assets and liabilities, net of effects of acquisitions and divestitures
negative 196,000,000 US dollars
Impairment losses and other
52,000,000 US dollars
NET INCOME
6,565,000,000 US dollars
Distributions on unvested awards
negative 59,000,000 US dollars
Deferred Income Tax Expense (Benefit)
276,000,000 US dollars
Other Noncash Income (Expense)
63,000,000 US dollars
Non-cash compensation expense
151,000,000 US dollars
Gain (Loss) on Disposition of Assets
negative 586,000,000 US dollars
Depreciation, depletion and amortization
5,165,000,000 US dollars
Proceeds from Equity Method Investment, Distribution
356,000,000 US dollars
Inventory valuation adjustments
86,000,000 US dollars
Income (Loss) from Equity Method Investments
negative 379,000,000 US dollars
(Gains) losses on extinguishments of debt
12,000,000 US dollars
Investing activities
negative 5,904,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. The filing's tagged investing lines do not add up to the investing total; this is the difference. It may combine inflows and outflows.
Proceeds from Sale of Equity Method Investments
0 US dollars
Distributions from unconsolidated affiliates in excess of cumulative earnings
75,000,000 US dollars
Capital expenditures, excluding allowance for equity funds used during construction
negative 4,164,000,000 US dollars
Other, net
12,000,000 US dollars
Contributions to unconsolidated affiliates
negative 206,000,000 US dollars
Proceeds from sales of other assets - Sunoco LP West Texas Assets
987,000,000 US dollars
Proceeds from sales of other assets - Other Assets
24,000,000 US dollars
Cash paid for acquisitions, net of cash received
negative 250,000,000 US dollars
Contributions in aid of construction costs
73,000,000 US dollars
Cash Acquired from Acquisition
27,000,000 US dollars
Remaining investing cash flows, net (calculated)
negative 2,482,000,000 US dollars
Financing activities
negative 5,451,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. The filing's tagged financing lines do not add up to the financing total; this is the difference. It may combine inflows and outflows.
Debt issuance costs
negative 147,000,000 US dollars
Distributions to partners
negative 4,623,000,000 US dollars
Proceeds from Contributions from Affiliates
638,000,000 US dollars
Repayments of debt
negative 29,409,000,000 US dollars
Payments for Repurchase of Preferred Stock and Preference Stock - Crestwood Niobrara LLC
negative 37,000,000 US dollars
Payments for Repurchase of Preferred Stock and Preference Stock - Series A, Series C, Series D and Series E preferred units
negative 2,645,000,000 US dollars
Distributions to noncontrolling interests
negative 1,780,000,000 US dollars
Repayments of Senior Debt
negative 749,000,000 US dollars
Distributions to redeemable noncontrolling interests
negative 67,000,000 US dollars
Proceeds from borrowings
34,150,000,000 US dollars
Capital contributions from noncontrolling interests
2,000,000 US dollars
Remaining financing cash flows, net (calculated)
negative 784,000,000 US dollars
Operating adjustment reconciliation
6,161,000,000 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 displayed reconciliation
40,241,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing displayed reconciliation
7,102,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
0 US dollars
Ending cash on Dec 31, 2024
312,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
11,667,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
151,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.75×. 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
11,506,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
4,164,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
7,342,000,000 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 $4.94B 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 spent on productive assets equals free cash flow: 11,506,000,000 US dollars minus 4,164,000,000 US dollars equals 7,342,000,000 US dollars.
ENERGY TRANSFER LP (ET) FY2024 Annual Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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