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Summit Midstream Partners, LP (SMLP)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
Cash flows from operating activities:          
    Net loss   -19.9189.1-393.742.486.1-38.2-222.2
    Adjustments to reconcile net loss to net cash provided by operating activities:          
        Depreciation and amortization   120.0119.1111.6106.8114.9112.7105.9
        Noncash lease expense   1.13.2     
        Amortization of debt issuance costs   7.06.66.34.34.24.04.3
        Unit-based and noncash compensation   4.78.18.28.38.08.07.0
        Income from equity method investees   -7.9-11.3337.910.92.230.36.6
        Distributions from equity method investees   26.828.237.335.340.245.034.6
        Gain on asset sales, net          
        Long-lived asset impairment   10.213.160.57.2188.71.89.3
        Changes in operating assets and liabilities:          
            Accounts receivable   -0.235.4-5.5-21.525.1-7.83.3
            Trade accounts payable   -0.1-4.1-0.10.1-3.22.0-1.5
            Accrued expenses   1.42.8-10.69.51.14.6-2.0
            Deferred revenue, net   -5.36.0     
            Ad valorem taxes payable   -0.50.6-1.52.2-2.30.31.1
            Accrued interest   4.7-3.30.00.0-5.2 -1.4
            Accrued environmental remediation, net   2.7-2.0     
                Net cash provided by operating activities   165.1198.6161.7227.9237.8230.5191.4
   
Cash flows from investing activities:          
    Capital expenditures   -25.0-43.1-182.3-200.6-124.2-142.7-272.2
    Proceeds from asset sale   0.40.3     
    Investment in Double E equity method investee        -31.6-86.2
    Other, net    2.50.3-0.3-0.5-0.40.3
        Net cash provided by (used in) investing activities   -165.7-140.6-90.9-216.3-148.7-534.1-646.7
   
Cash flows from financing activities:          
    Repayments on ABL Facility   -234.0   -300.0  
    Borrowings on ABL Facility          
    Distributions on Subsidiary Series A Preferred Units     -28.5-180.7-179.1 -152.1
    Other, net   -0.9-2.9-4.5-4.2-3.1-1.2-1.8
        Net cash used in financing activities   4.7-79.4-50.1-8.7-95.1289.3449.3
    Net change in cash, cash equivalents and restricted cash   4.0-21.4     

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