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Energy Transfer Operating, L.P. (ETP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K10-K10-K10-K10-K
REVENUES:          
Total revenues  38,954.054,213.054,087.040,523.031,792.034,292.018,088.016,639.0
            Total revenues growth  -28.1%0.2%33.5%27.5%-7.3%89.6%8.7% 
COSTS AND EXPENSES:          
Operating expenses  10,468.07,190.07,027.06,792.06,124.05,351.0586.0479.0
Depreciation, depletion and amortization  3,669.03,136.02,843.02,541.02,201.01,929.0296.0265.0
Selling, general and administrative  701.0686.0664.0568.0547.0475.0118.092.0
Impairment losses  2,880.074.0431.01,039.01,040.0339.0  
    Total costs and expenses  35,955.046,991.048,630.037,758.029,817.032,065.017,721.016,079.0
    OPERATING INCOME  2,999.07,222.05,457.02,765.01,975.02,227.0367.0560.0
            Operating margin  7.7%13.3%10.1%6.8%6.2%6.5%2.0%3.4%
   
OTHER INCOME (EXPENSE):          
Interest expense, net of interest capitalized  -2,323.0-2,262.0-1,709.0-1,575.0-1,478.0-1,291.0-146.0-97.0
Equity in earnings of unconsolidated affiliates  119.0302.0344.0144.0270.0469.0  
Impairment of investments in unconsolidated affiliates  -129.0  -313.0-308.0   
Gains (losses) on interest rate derivatives  -203.0-241.047.0-37.0-12.0-18.0  
Other, net  159.0295.069.0206.0126.022.0-25.010.0
    INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE  550.05,314.04,099.01,148.0656.01,366.0325.0504.0
Income tax expense from continuing operations  239.0199.05.0-1,804.0-255.0-123.025.030.0
Loss from discontinued operations, net of income taxes    -265.0-177.0-462.0   
    NET INCOME  311.05,115.03,829.02,775.0449.01,489.0300.0474.0
Less: Net income attributable to noncontrolling interests  410.01,051.0715.0420.0295.0134.09.011.0
   
Less: Net income attributable to redeemable noncontrolling interests          
Less: Net income (loss) attributable to predecessor          
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS  -142.04,010.03,080.02,081.0288.01,389.0291.0463.0

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