ENTERPRISE PRODUCTS PARTNERS LP
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Statements of Consolidated Equity
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024
| Partners’ Equity | |||||
|---|---|---|---|---|---|
| CommonLimitedPartnerInterests | TreasuryUnits | AccumulatedOtherComprehensiveIncome (Loss) | NoncontrollingInterests inConsolidatedSubsidiaries | Total | |
| For the Three Months Ended September 30, 2024: | |||||
| Balance June 30, 2024 | $29,110 | $(1,297) | $176 | $808 | $28,797 |
| Net income | 1,417 | – | – | 14 | 1,431 |
| Cash distributions paid to common unitholders | (1,139) | – | – | – | (1,139) |
| Cash payments made in connection with distribution equivalent rights | (11) | – | – | – | (11) |
| Cash distributions paid to noncontrolling interests | – | – | – | (21) | (21) |
| Cash contributions from noncontrolling interests | – | – | – | 8 | 8 |
| Repurchase and cancellation of common units under 2019 Buyback Program | (76) | – | – | – | (76) |
| Amortization of fair value of equity-based awards | 44 | – | – | – | 44 |
| Cash flow hedges | – | – | 127 | – | 127 |
| Other, net | (2) | – | – | – | (2) |
| Balance, September 30, 2024 | $29,343 | $(1,297) | $303 | $809 | $29,158 |
| Partners’ Equity | |||||
|---|---|---|---|---|---|
| CommonLimitedPartnerInterests | TreasuryUnits | AccumulatedOtherComprehensiveIncome (Loss) | NoncontrollingInterests inConsolidatedSubsidiaries | Total | |
| For the Nine Months Ended September 30, 2024: | |||||
| Balance, December 31, 2023 | $28,663 | $(1,297) | $307 | $1,086 | $28,759 |
| Net income | 4,278 | – | – | 56 | 4,334 |
| Cash distributions paid to common unitholders | (3,374) | – | – | – | (3,374) |
| Cash payments made in connection with distribution equivalent rights | (32) | – | – | – | (32) |
| Cash distributions paid to noncontrolling interests | – | – | – | (84) | (84) |
| Cash contributions from noncontrolling interests | – | – | – | 33 | 33 |
| Repurchase and cancellation of common units under 2019 Buyback Program | (156) | – | – | – | (156) |
| Amortization of fair value of equity-based awards | 144 | – | – | – | 144 |
| Acquisition of noncontrolling interests | (118) | – | – | (282) | (400) |
| Cash flow hedges | – | – | (4) | – | (4) |
| Other, net | (62) | – | – | – | (62) |
| Balance, September 30, 2024 | $29,343 | $(1,297) | $303 | $809 | $29,158 |
See Notes to Unaudited Condensed Consolidated Financial Statements. For information regarding Unit History and
Accumulated Other Comprehensive Income (Loss), see Note 8.
UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED EQUITY
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2023
| Partners’ Equity | |||||
|---|---|---|---|---|---|
| CommonLimitedPartnerInterests | TreasuryUnits | AccumulatedOtherComprehensiveIncome (Loss) | NoncontrollingInterests inConsolidatedSubsidiaries | Total | |
| For the Three Months Ended September 30, 2023: | |||||
| Balance, June 30, 2023 | $27,980 | $(1,297) | $268 | $1,071 | $28,022 |
| Net income | 1,318 | – | – | 31 | 1,349 |
| Cash distributions paid to common unitholders | (1,086) | – | – | – | (1,086) |
| Cash payments made in connection with distribution equivalent rights | (10) | – | – | – | (10) |
| Cash distributions paid to noncontrolling interests | – | – | – | (40) | (40) |
| Cash contributions from noncontrolling interests | – | – | – | 10 | 10 |
| Amortization of fair value of equity-based awards | 43 | – | – | – | 43 |
| Cash flow hedges | – | – | (65) | – | (65) |
| Other, net | (1) | – | – | – | (1) |
| Balance, September 30, 2023 | $28,244 | $(1,297) | $203 | $1,072 | $28,222 |
| Partners’ Equity | |||||
|---|---|---|---|---|---|
| CommonLimitedPartnerInterests | TreasuryUnits | AccumulatedOtherComprehensiveIncome (Loss) | NoncontrollingInterests inConsolidatedSubsidiaries | Total | |
| For the Nine Months Ended September 30, 2023: | |||||
| Balance, December 31, 2022 | $27,555 | $(1,297) | $365 | $1,079 | $27,702 |
| Net income | 3,961 | – | – | 91 | 4,052 |
| Cash distributions paid to common unitholders | (3,215) | – | – | – | (3,215) |
| Cash payments made in connection with distribution equivalent rights | (29) | – | – | – | (29) |
| Cash distributions paid to noncontrolling interests | – | – | – | (121) | (121) |
| Cash contributions from noncontrolling interests | – | – | – | 25 | 25 |
| Repurchase and cancellation of common units under 2019 Buyback Program | (92) | – | – | – | (92) |
| Amortization of fair value of equity-based awards | 128 | – | – | – | 128 |
| Acquisition of noncontrolling interests | (8) | – | – | (2) | (10) |
| Cash flow hedges | – | – | (162) | – | (162) |
| Other, net | (56) | – | – | – | (56) |
| Balance, September 30, 2023 | $28,244 | $(1,297) | $203 | $1,072 | $28,222 |
See Notes to Unaudited Condensed Consolidated Financial Statements. For information regarding Unit History and
Accumulated Other Comprehensive Income (Loss), see Note 8.
KEY REFERENCES USED IN THESE
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