$EPD
ENTERPRISE PRODUCTS PARTNERS L.P.

2023 Q2 Form 10-Q Financial Statement

#000106121923000012 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $10.65B $12.44B $13.01B
YoY Change -33.68% -4.34% 42.08%
Cost Of Revenue $7.679B $9.331B $10.62B
YoY Change -42.92% -12.17% 69.63%
Gross Profit $2.972B $3.113B $2.384B
YoY Change 13.96% 30.58% -17.57%
Gross Profit Margin 27.9% 25.02% 18.33%
Selling, General & Admin $56.00M $57.00M $62.00M
YoY Change -9.68% -8.06% 10.12%
% of Gross Profit 1.88% 1.83% 2.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $453.0M $450.0M $539.0M
YoY Change -18.08% -16.51% 27.21%
% of Gross Profit 15.24% 14.46% 22.61%
Operating Expenses $951.0M $925.0M $819.0M
YoY Change 0.53% 12.94% 6.14%
Operating Profit $1.579B $1.734B $1.565B
YoY Change -4.99% 10.8% -7.64%
Interest Expense $302.0M $314.0M -$196.0M
YoY Change -255.67% -260.2% 18.14%
% of Operating Profit 19.13% 18.11% -12.52%
Other Income/Expense, Net -$283.0M -$302.0M -$3.000M
YoY Change 4616.67% 9966.67% -57.75%
Pretax Income $1.296B $1.432B $1.350B
YoY Change -11.05% 6.07% -1.65%
Income Tax $13.00M $10.00M $19.00M
% Of Pretax Income 1.0% 0.7% 1.41%
Net Earnings $1.253B $1.390B $1.297B
YoY Change -11.26% 7.17% -3.24%
Net Earnings / Revenue 11.76% 11.17% 9.97%
Basic Earnings Per Share
Diluted Earnings Per Share $0.57 $0.64 $589.8K
COMMON SHARES
Basic Shares Outstanding 2.175B 2.171B 2.176B
Diluted Shares Outstanding 2.196B 2.195B 2.199B

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $183.0M $76.00M $231.0M
YoY Change -20.78% -67.1% 0.7%
Cash & Equivalents $183.0M $76.00M $231.0M
Short-Term Investments
Other Short-Term Assets $886.0M $774.0M $1.021B
YoY Change -5.04% -24.19% 27.94%
Inventory $2.497B $2.195B $2.652B
Prepaid Expenses
Receivables $6.138B $6.630B $9.074B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.704B $9.687B $12.98B
YoY Change -25.13% -25.36% 22.62%
LONG-TERM ASSETS
Property, Plant & Equipment $45.05B $44.60B $44.40B
YoY Change 1.26% 0.44% 4.65%
Goodwill $5.608B $5.608B $5.608B
YoY Change 0.0%
Intangibles $3.871B $3.919B
YoY Change
Long-Term Investments $2.332B $2.338B $2.426B
YoY Change -1.77% -3.63% -0.97%
Other Assets $1.160B $1.176B $805.0M
YoY Change 35.36% 46.09% -1.09%
Total Long-Term Assets $58.03B $57.64B $57.34B
YoY Change 1.11% 0.52% 5.41%
TOTAL ASSETS
Total Short-Term Assets $9.704B $9.687B $12.98B
Total Long-Term Assets $58.03B $57.64B $57.34B
Total Assets $67.73B $67.33B $70.32B
YoY Change -3.73% -4.26% 8.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.089B $750.0M $930.0M
YoY Change 16.47% -19.35% 1.55%
Accrued Expenses $7.519B $7.712B $10.85B
YoY Change -33.49% -28.92% 48.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.204B $1.149B $2.629B
YoY Change -36.26% -56.3% 73.71%
Total Short-Term Liabilities $10.71B $10.41B $15.37B
YoY Change -28.5% -32.29% 45.88%
LONG-TERM LIABILITIES
Long-Term Debt $27.44B $27.44B $26.89B
YoY Change 2.05% 2.05% -0.95%
Other Long-Term Liabilities $915.0M $965.0M $801.0M
YoY Change 1.89% 20.47% 15.02%
Total Long-Term Liabilities $28.36B $28.40B $27.69B
YoY Change 2.04% 2.58% -0.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.71B $10.41B $15.37B
Total Long-Term Liabilities $28.36B $28.40B $27.69B
Total Liabilities $39.07B $38.81B $44.72B
YoY Change -12.05% -13.2% 11.96%
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 $27.00B $26.84B $25.60B
YoY Change
Total Liabilities & Shareholders Equity $67.73B $67.33B $70.32B
YoY Change -3.73% -4.26% 8.21%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $1.253B $1.390B $1.297B
YoY Change -11.26% 7.17% -3.24%
Depreciation, Depletion And Amortization $453.0M $450.0M $539.0M
YoY Change -18.08% -16.51% 27.21%
Cash From Operating Activities $1.902B $1.583B $2.145B
YoY Change -10.24% -26.2% 6.03%
INVESTING ACTIVITIES
Capital Expenditures $780.0M $653.0M -$349.0M
YoY Change -304.19% -287.11% -48.6%
Acquisitions $0.00 $3.204B
YoY Change -100.0%
Other Investing Activities $15.00M $1.000M -$3.183B
YoY Change -67.39% -100.03% -14568.18%
Cash From Investing Activities -$765.0M -$637.0M -$3.532B
YoY Change 127.68% -81.96% 437.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.136B -876.0M -1.125B
YoY Change -38.23% -22.13% -48.63%
NET CHANGE
Cash From Operating Activities 1.902B 1.583B 2.145B
Cash From Investing Activities -765.0M -637.0M -3.532B
Cash From Financing Activities -1.136B -876.0M -1.125B
Net Change In Cash 1.000M 70.00M -2.512B
YoY Change -101.79% -102.79% 204.97%
FREE CASH FLOW
Cash From Operating Activities $1.902B $1.583B $2.145B
Capital Expenditures $780.0M $653.0M -$349.0M
Free Cash Flow $1.122B $930.0M $2.494B
YoY Change -55.14% -62.71% -7.7%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
750000000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
743000000
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001061219
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6630000000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6964000000
CY2023Q1 epd Due From Related Party Current
DueFromRelatedPartyCurrent
7000000
CY2022Q4 epd Due From Related Party Current
DueFromRelatedPartyCurrent
11000000
CY2023Q1 epd Due To Related Party Current
DueToRelatedPartyCurrent
63000000
CY2022Q4 epd Due To Related Party Current
DueToRelatedPartyCurrent
232000000
CY2023Q1 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
50412
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
682589
CY2023Q1 epd Due From Related Party Current
DueFromRelatedPartyCurrent
7000000
CY2022Q4 epd Due From Related Party Current
DueFromRelatedPartyCurrent
11000000
CY2023Q1 epd Due To Related Party Current
DueToRelatedPartyCurrent
63000000
CY2022Q4 epd Due To Related Party Current
DueToRelatedPartyCurrent
232000000
CY2022Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3200000000

Files In Submission

Name View Source Status
0001061219-23-000012-index-headers.html Edgar Link pending
0001061219-23-000012-index.html Edgar Link pending
0001061219-23-000012.txt Edgar Link pending
0001061219-23-000012-xbrl.zip Edgar Link pending
epd-20230331.xsd Edgar Link pending
exhibit22_1.htm Edgar Link pending
exhibit31_1.htm Edgar Link pending
exhibit31_2.htm Edgar Link pending
exhibit32_1.htm Edgar Link pending
exhibit32_2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
epd-20230331_cal.xml Edgar Link unprocessable
epd-20230331_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
epd-20230331_lab.xml Edgar Link unprocessable
epd-20230331_pre.xml Edgar Link unprocessable
form10q_htm.xml Edgar Link completed
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending