Overview Financials News + Filings IR Vault Key Docs Charts Transactions Ownership Insiders
|
| In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Spectra Energy Partners | 2,533.0 | 2,455.0 | 2,269.0 | | 1,754.0 | 1,746.0 | | |
| Distribution | 1,370.0 | 1,527.0 | 1,843.0 | 1,848.0 | 1,666.0 | 1,831.0 | 1,779.0 | 1,745.0 |
| Western Canada Transmission & Processing | 1,020.0 | 1,285.0 | 1,902.0 | 1,767.0 | 1,679.0 | 1,816.0 | 1,345.0 | 1,115.0 |
| Other | 71.0 | 73.0 | 72.0 | 72.0 | 89.0 | 87.0 | 58.0 | 47.0 |
| Other | | | | 1,831.0 | | | 1,763.0 | 1,645.0 |
| Total revenues [+] | 4,916.0 | 5,234.0 | 5,903.0 | 5,518.0 | 5,075.0 | 5,351.0 | 4,945.0 | 4,552.0 |
| Refining & marketing | 1,144.0 | 1,320.0 | 1,583.0 | 1,577.0 | 1,366.0 | 1,481.0 | 1,450.0 | 1,451.0 |
| Other | 94.0 | 123.0 | 230.0 | 149.0 | 159.0 | 167.0 | 166.0 | |
| Other income | | | | | | | | 147.0 |
| Revenue growth [+] | -6.1% | -11.3% | 7.0% | 8.7% | -5.2% | 8.2% | 8.6% | -10.3% |
| Spectra Energy Partners | 3.2% | 8.2% | | | 0.5% | | | |
| Distribution | -10.3% | -17.1% | -0.3% | 10.9% | -9.0% | 2.9% | 1.9% | -12.4% |
| Western Canada Transmission & Processing | -20.6% | -32.4% | 7.6% | 5.2% | -7.5% | 35.0% | 20.6% | -24.8% |
| Other | -2.7% | 1.4% | 0.0% | -19.1% | 2.3% | 50.0% | 23.4% | 4.4% |
| U.S. Transmission | | | | | | | 7.8% | 5.6% |
| Cost of goods sold | 582.0 | 835.0 | 1,219.0 | 1,139.0 | 1,037.0 | 1,142.0 | 1,056.0 | 1,098.0 |
| Gross profit | 4,334.0 | 4,399.0 | 4,684.0 | 4,379.0 | 4,038.0 | 4,209.0 | 3,889.0 | 3,454.0 |
| Gross margin | 88.2% | 84.0% | 79.3% | 79.4% | 79.6% | 78.7% | 78.6% | 75.9% |
| Selling, general and administrative [+] | 372.0 | 353.0 | 393.0 | 373.0 | 337.0 | 330.0 | 297.0 | 262.0 |
| General and administrative [+] | 372.0 | 353.0 | 393.0 | | | | | |
| General and administrative expenses | 372.0 | 353.0 | 393.0 | | | | | |
| Operating taxes | 372.0 | 353.0 | 393.0 | 373.0 | 337.0 | 330.0 | 297.0 | 262.0 |
| Equity in earnings | 97.0 | -290.0 | 361.0 | -445.0 | 382.0 | 549.0 | 430.0 | 369.0 |
| Other operating expenses | 1,655.0 | 1,496.0 | 1,572.0 | 1,568.0 | 1,380.0 | 1,399.0 | 1,258.0 | 1,122.0 |
| EBITDA [+] | 2,429.0 | 2,274.0 | 3,093.0 | 2,008.0 | 2,717.0 | 3,045.0 | 2,778.0 | 2,453.0 |
| EBITDA growth | 6.8% | -26.5% | 54.0% | -26.1% | -10.8% | 9.6% | 13.2% | -13.6% |
| EBITDA margin | 49.4% | 43.4% | 52.4% | 36.4% | 53.5% | 56.9% | 56.2% | 53.9% |
| Depreciation | 725.0 | 699.0 | 735.0 | 722.0 | 679.0 | 655.0 | 606.0 | 544.0 |
| EBITA | 1,704.0 | 1,575.0 | 2,358.0 | 1,286.0 | 2,038.0 | 2,390.0 | 2,172.0 | 1,909.0 |
| EBITA margin | 34.7% | 30.1% | 39.9% | 23.3% | 40.2% | 44.7% | 43.9% | 41.9% |
| Amortization of intangibles | 74.0 | 79.0 | 74.0 | 65.0 | 81.0 | 70.0 | 58.0 | 54.0 |
| EBIT [+] | 1,630.0 | 1,496.0 | 2,284.0 | 1,221.0 | 1,957.0 | 2,320.0 | 2,114.0 | 1,855.0 |
| EBIT growth | 9.0% | -34.5% | 87.1% | -37.6% | -15.6% | 9.7% | 14.0% | -17.8% |
| EBIT margin | 33.2% | 28.6% | 38.7% | 22.1% | 38.6% | 43.4% | 42.8% | 40.8% |
| Non-recurring items [+] | -26.0 | 353.0 | -1.0 | | | 8.0 | 10.0 | 11.0 |
| Loss (gain) on sale of assets | -26.0 | 4.0 | -1.0 | | | 8.0 | 10.0 | 11.0 |
| Interest expense, net [+] | 594.0 | 636.0 | 679.0 | 657.0 | 625.0 | 625.0 | 557.0 | 524.0 |
| Interest expense | 594.0 | 636.0 | 679.0 | 657.0 | 625.0 | 625.0 | 630.0 | 610.0 |
| Interest income | | | | | | | 73.0 | 86.0 |
| Other income (expense), net [+] | 174.0 | 114.0 | 59.0 | 1,014.0 | 83.0 | 57.0 | -41.0 | -49.0 |
| Other | 174.0 | 114.0 | 59.0 | 124.0 | 83.0 | 57.0 | 32.0 | 37.0 |
| Pre-tax income | 1,236.0 | 621.0 | 1,665.0 | 1,578.0 | 1,415.0 | 1,744.0 | 1,506.0 | 1,271.0 |
| Income taxes | 216.0 | 161.0 | 382.0 | 419.0 | 370.0 | 487.0 | 383.0 | 352.0 |
| Tax rate | 17.5% | 25.9% | 22.9% | 26.6% | 26.1% | 27.9% | 25.4% | 27.7% |
| Minority interest | 327.0 | 264.0 | 201.0 | 121.0 | 107.0 | 98.0 | 80.0 | 75.0 |
| Earnings from continuing ops | 693.0 | 196.0 | 1,082.0 | 1,038.0 | 938.0 | 1,159.0 | 1,043.0 | 844.0 |
| Earnings from discontinued ops | | | | | 2.0 | 25.0 | 6.0 | 5.0 |
| Net income | 693.0 | 196.0 | 1,082.0 | 1,038.0 | 940.0 | 1,184.0 | 1,049.0 | 849.0 |
| Net margin | 14.1% | 3.7% | 18.3% | 18.8% | 18.5% | 22.1% | 21.2% | 18.7% |
| |
| Basic EPS [+] | $1.00 | $0.29 | $1.61 | $1.55 | $1.44 | $1.78 | $1.61 | $1.31 |
| Growth | 241.9% | -81.9% | 3.9% | 8.0% | -19.4% | 10.8% | 22.4% | -27.6% |
| Diluted EPS [+] | $1.00 | $0.29 | $1.61 | $1.55 | $1.43 | $1.77 | $1.60 | $1.31 |
| Growth | 241.4% | -81.9% | 4.1% | 8.2% | -19.4% | 10.6% | 22.2% | -27.5% |
| |
| Dividends per share [+] | $1.62 | $1.48 | $1.38 | $1.22 | $1.15 | $1.06 | $1.00 | $1.00 |
| Growth | 9.5% | 7.6% | 12.7% | 6.6% | 8.0% | 6.0% | 0.0% | 4.2% |
| |
| Shares outstanding (basic) [+] | 694.0 | 671.0 | 671.0 | 669.0 | 653.0 | 650.0 | 648.0 | 642.0 |
| Growth | 3.4% | 0.0% | 0.3% | 2.5% | 0.5% | 0.3% | 0.9% | 3.2% |
| Shares outstanding (diluted) [+] | 696.0 | 672.0 | 672.0 | 671.0 | 656.0 | 653.0 | 650.0 | 643.0 |
| Growth | 3.6% | 0.0% | 0.1% | 2.3% | 0.5% | 0.5% | 1.1% | 3.0% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|