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DCP Midstream, LP (DCP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Operating revenues:          
Sales of natural gas, NGLs and condensate  4,269.03,375.03,477.02,827.02,085.02,318.01,785.01,586.0
            Sales of natural gas, NGLs and condensate growth  104.7%45.6%94.8%78.2%63.7%39.9%-7.5%-6.7%
Trading and marketing gains (losses), net  -14.0-235.077.0-173.0-153.0-369.0 11.0
Total operating revenues  4,269.03,375.03,477.02,827.02,085.02,318.01,785.01,586.0
            Total operating revenues growth  104.7%45.6%94.8%78.2%63.7%39.9%-7.5%-6.7%
Operating costs and expenses:          
Operating and maintenance expense  189.0152.0177.0168.0165.0149.0160.0146.0
Depreciation and amortization expense  90.090.091.089.093.091.092.092.0
General and administrative expense  65.055.065.063.057.038.080.066.0
Other income (expense)  -8.0 -9.0-2.0-6.0 27.0-4.0
Asset Impairment  1.0 11.0 20.0   
   
Restructuring costs          
    Total operating costs and expenses  3,981.03,365.03,225.02,833.02,169.02,315.01,740.01,526.0
    Operating (loss) income  288.010.0252.0-6.0-84.03.045.060.0
            Operating margin  6.7%0.3%7.2%-0.2%-4.0%0.1%2.5%3.8%
   
Loss from financing activities          
Earnings from unconsolidated affiliates  168.0143.0142.0134.0131.0128.0116.0130.0
Interest expense, net  -70.0-71.0-72.0-73.0-77.0-77.0-76.0-77.0
    (Loss) income before income taxes  386.082.0322.055.0-30.054.085.0113.0
Income tax expense  -2.0-1.0     -1.0
    Net income  384.081.0316.055.0-30.054.087.0112.0
Net income attributable to noncontrolling interests  -1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0
    Net income attributable to partners  383.080.0315.054.0-31.053.086.0111.0
Series A preferred limited partners' interest in net income  -9.0-9.0-9.0-9.0-10.0-9.0-9.0-9.0
Series B preferred limited partners' interest in net income  -3.0-3.0-3.0-4.0-3.0-3.0-4.0-3.0
Series C preferred limited partners' interest in net income  -3.0-2.0-2.0-3.0-2.0-2.0-2.0-3.0
   
General partner’s interest in net income          
    Net income allocable to limited partners  368.066.0301.038.0-46.039.071.096.0
Net income per limited partner unit — basic and diluted  0.00.00.00.00.00.00.00.0
   
Weighted Average Limited Partnership Units Outstanding, Basic  208.4208.4208.4208.4208.4208.4208.3208.3
   
Weighted Average Number of Limited Partnership and General Partnership Unit Outstanding, Basic and Diluted          
Income (Loss) from Continuing Operations, Per Outstanding Limited Partnership and General Partnership Unit, Basic, Net of Tax          
Net Income (Loss), Net of Tax, Per Outstanding Limited Partnership Unit, Diluted          
Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic, Net of Tax          
Weighted Average Limited Partnership Units Outstanding, Diluted  208.5208.8208.6208.7208.4208.5208.3208.7

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