$EPD
ENTERPRISE PRODUCTS PARTNERS L.P.

2022 Q2 Form 10-Q Financial Statement

#000106121922000016 Filed on May 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $16.06B $13.01B $11.37B
YoY Change 69.95% 42.08% 61.41%
Cost Of Revenue $13.45B $10.62B $9.192B
YoY Change 83.1% 69.63% 87.91%
Gross Profit $2.608B $2.384B $2.178B
YoY Change 24.0% -17.57% 1.19%
Gross Profit Margin 16.24% 18.33% 19.16%
Selling, General & Admin $62.00M $62.00M $54.20M
YoY Change 20.39% 10.12% -4.58%
% of Gross Profit 2.38% 2.6% 2.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $553.0M $539.0M $538.2M
YoY Change 5.13% 27.21% 2.16%
% of Gross Profit 21.2% 22.61% 24.71%
Operating Expenses $946.0M $819.0M $794.1M
YoY Change 25.61% 6.14% 7.81%
Operating Profit $1.662B $1.565B $1.384B
YoY Change 23.1% -7.64% -2.25%
Interest Expense -$194.0M -$196.0M -$184.4M
YoY Change 30.73% 18.14% -20.21%
% of Operating Profit -11.67% -12.52% -13.32%
Other Income/Expense, Net -$6.000M -$3.000M -$5.600M
YoY Change -4.76% -57.75% -18.84%
Pretax Income $1.457B $1.350B $1.077B
YoY Change 23.77% -1.65% 183.35%
Income Tax $17.00M $19.00M $12.70M
% Of Pretax Income 1.17% 1.41% 1.18%
Net Earnings $1.412B $1.297B $1.029B
YoY Change 26.94% -3.24% 204.35%
Net Earnings / Revenue 8.79% 9.97% 9.05%
Basic Earnings Per Share
Diluted Earnings Per Share $641.5K $589.8K $467.8K
COMMON SHARES
Basic Shares Outstanding 2.180B 2.176B 2.182B
Diluted Shares Outstanding 2.201B 2.199B

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $231.0M $231.0M $2.819B
YoY Change -42.89% 0.7% 166.01%
Cash & Equivalents $231.0M $231.0M $2.819B
Short-Term Investments
Other Short-Term Assets $933.0M $1.021B $766.2M
YoY Change -19.77% 27.94% 18.31%
Inventory $3.234B $2.652B $2.681B
Prepaid Expenses
Receivables $8.563B $9.074B $7.003B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $12.96B $12.98B $13.27B
YoY Change 25.7% 22.62% 33.91%
LONG-TERM ASSETS
Property, Plant & Equipment $44.49B $44.40B $42.43B
YoY Change 5.35% 4.65% 1.24%
Goodwill $5.608B $5.449B
YoY Change 0.0%
Intangibles $3.151B
YoY Change -4.77%
Long-Term Investments $2.374B $2.426B $2.428B
YoY Change -2.81% -0.97% -0.03%
Other Assets $857.0M $805.0M $795.0M
YoY Change 4.36% -1.09% 3.88%
Total Long-Term Assets $57.39B $57.34B $54.26B
YoY Change 5.31% 5.41% 0.11%
TOTAL ASSETS
Total Short-Term Assets $12.96B $12.98B $13.27B
Total Long-Term Assets $57.39B $57.34B $54.26B
Total Assets $70.35B $70.32B $67.53B
YoY Change 8.56% 8.21% 5.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $935.0M $930.0M $798.6M
YoY Change -1.62% 1.55% -6.5%
Accrued Expenses $11.31B $10.85B $8.582B
YoY Change 57.95% 48.53% 45.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.889B $2.629B $1.400B
YoY Change 35.03% 73.71% 5.65%
Total Short-Term Liabilities $14.98B $15.37B $11.62B
YoY Change 42.26% 45.88% 29.33%
LONG-TERM LIABILITIES
Long-Term Debt $26.89B $26.89B $28.14B
YoY Change -0.95% -0.95% -1.42%
Other Long-Term Liabilities $898.0M $801.0M $760.0M
YoY Change 23.1% 15.02% 10.69%
Total Long-Term Liabilities $27.79B $27.69B $28.90B
YoY Change -0.32% -0.55% -1.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.98B $15.37B $11.62B
Total Long-Term Liabilities $27.79B $27.69B $28.90B
Total Liabilities $44.42B $44.72B $42.15B
YoY Change 11.09% 11.96% 6.02%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.93B $25.60B $25.38B
YoY Change
Total Liabilities & Shareholders Equity $70.35B $70.32B $67.53B
YoY Change 8.56% 8.21% 5.33%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $1.412B $1.297B $1.029B
YoY Change 26.94% -3.24% 204.35%
Depreciation, Depletion And Amortization $553.0M $539.0M $538.2M
YoY Change 5.13% 27.21% 2.16%
Cash From Operating Activities $2.119B $2.145B $2.125B
YoY Change 6.27% 6.03% 32.83%
INVESTING ACTIVITIES
Capital Expenditures -$382.0M -$349.0M -$417.5M
YoY Change -38.6% -48.6% -32.26%
Acquisitions $3.204B
YoY Change
Other Investing Activities $46.00M -$3.183B $4.400M
YoY Change -8.91% -14568.18% -92.64%
Cash From Investing Activities -$336.0M -$3.532B -$413.1M
YoY Change -41.23% 437.6% -25.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.839B -1.125B -1.106B
YoY Change 60.53% -48.63% 8.77%
NET CHANGE
Cash From Operating Activities 2.119B 2.145B 2.125B
Cash From Investing Activities -336.0M -3.532B -413.1M
Cash From Financing Activities -1.839B -1.125B -1.106B
Net Change In Cash -56.00M -2.512B 606.6M
YoY Change -120.25% 204.97% 2146.67%
FREE CASH FLOW
Cash From Operating Activities $2.119B $2.145B $2.125B
Capital Expenditures -$382.0M -$349.0M -$417.5M
Free Cash Flow $2.501B $2.494B $2.543B
YoY Change -4.4% -7.7% 14.73%

Facts In Submission

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false
CY2022Q1 dei Current Fiscal Year End Date
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CY2022Q1 dei Document Fiscal Year Focus
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CY2022Q1 dei Document Fiscal Period Focus
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CY2022Q1 dei Entity Central Index Key
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CY2022Q1 dei Document Type
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CY2022Q1 dei Document Quarterly Report
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CY2022Q1 dei Document Period End Date
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CY2022Q1 dei Document Transition Report
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CY2022Q1 dei Entity File Number
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CY2022Q1 dei Entity Registrant Name
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ENTERPRISE PRODUCTS PARTNERS L.P.
CY2022Q1 dei Entity Incorporation State Country Code
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DE
CY2022Q1 dei Entity Tax Identification Number
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CY2022Q1 dei Entity Address Address Line1
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1100 Louisiana Street, 10th Floor
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CY2022Q1 dei Entity Address State Or Province
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CY2022Q1 dei Entity Address Postal Zip Code
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CY2022Q1 dei City Area Code
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CY2022Q1 dei Local Phone Number
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381-6500
CY2022Q1 dei Security12b Title
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CY2022Q1 dei Trading Symbol
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CY2022Q1 dei Security Exchange Name
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CY2022Q1 dei Entity Current Reporting Status
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CY2022Q1 dei Entity Interactive Data Current
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CY2022Q1 dei Entity Filer Category
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CY2022Q1 dei Entity Small Business
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false
CY2022Q1 dei Entity Emerging Growth Company
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CY2022Q1 dei Entity Shell Company
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CY2022Q2 dei Entity Common Stock Shares Outstanding
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CY2021Q1 us-gaap Stock Repurchased And Retired During Period Value
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CY2022Q1 us-gaap Temporary Equity Shares Outstanding
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CY2021Q4 us-gaap Debt Instrument Carrying Amount
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29800000000
CY2021Q1 us-gaap Operating Lease Lease Income
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