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ENBRIDGE ENERGY PARTNERS LP (EEP)

Income Statement Business | Product | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Liquids  2,428.02,516.02,303.02,070.41,519.91,345.81,286.71,173.6
    Natural Gas     5,894.35,597.25,360.37,149.35,745.7
    Other        673.82,379.1
Total revenues   [+]2,428.02,516.02,303.07,964.77,117.16,706.19,109.89,298.4
            Revenue growth   [+]-3.5%9.2%-71.1%11.9%6.1%-26.4%-2.0%113.2%
Cost of goods sold  939.0851.0898.05,145.94,948.94,570.17,100.15,963.3
Gross profit  1,489.01,665.01,405.02,818.82,168.22,136.02,009.73,335.1
            Gross margin  61.3%66.2%61.0%35.4%30.5%31.9%22.1%35.9%
Selling, general and administrative   [+]368.01,184.0441.0934.4918.41,242.8705.0576.5
Other operating expenses  -368.0-1,184.0-441.0323.9421.4-344.8-31.92,910.6
EBITDA   [+]1,489.01,665.01,405.01,560.5828.41,238.01,336.6-152.0
            EBITDA margin  61.3%66.2%61.0%19.6%11.6%18.5%14.7%-1.6%
Depreciation and amortization  442.0427.0378.0458.2388.0344.8339.8311.2
EBIT   [+]1,047.01,238.01,027.01,102.3440.4893.2996.8-463.2
            EBIT margin  43.1%49.2%44.6%13.8%6.2%13.3%10.9%-5.0%
Non-recurring items   [+]-74.0757.063.015.6   -590.5
Interest expense  525.0413.0292.0403.2320.4 320.6274.8
Other income (expense), net   [+]104.047.070.066.159.1-335.06.517.5
Pre-tax income  700.0115.0742.0749.6179.1558.2682.7-130.0
Income taxes  -8.0-1.03.09.618.78.15.57.9
            Tax rate    0.4%1.3%10.4%1.5%0.8% 
Minority interest  -369.0-26.0-221.0263.388.3 53.260.6
Earnings from continuing ops  1,785.0258.01,699.0476.7-122.7369.2520.5-260.1
Earnings from discontinued ops  -57.0-157.0-285.0     
Net income  1,728.0101.01,414.0476.7-122.7369.2520.5-260.1
            Net margin  71.2%4.0%61.4%6.0%-1.7%5.5%5.7%-2.8%
   
Basic EPS   [+]$4,462,500.00$741,379.31$5,011,799.41$1.45($0.39)$1.27$1.98($1.09)
Diluted EPS   [+]$4,462,500.00$741,379.31$5,011,799.41$1.45($0.39)$1.27$1.98($1.09)
   
Dividends per share   [+]$1,512,500.00$2,293,103.45$2,274,336.28$2.22$2.24$2.27$2.16$2.01
   
Shares outstanding (basic)   [+]0.00.00.0328.2316.2290.6262.3239.1
Shares outstanding (diluted)   [+]0.00.00.0328.2316.2290.6262.3239.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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