Energy Transfer LP
For the period ended Mar 31, 2026. Filed May 7, 2026.
View on SEC.govAbout this filing
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.
Mar 31, 2026 · Filed May 7, 2026
ET$19.43+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| OPERATING ACTIVITIES: | ||
| Net income | $1,976 | $1,720 |
| Reconciliation of net income to net cash provided by operating activities: | ||
| Depreciation, depletion and amortization | 1,583 | 1,367 |
| Deferred income tax expense (benefit) | 93 | (16) |
| Inventory valuation adjustments | (444) | (61) |
| Non-cash compensation expense | 42 | 37 |
| Impairment loss | — | 4 |
| Other non-cash | (11) | 14 |
| Equity in earnings of unconsolidated affiliates | (110) | (92) |
| Losses on extinguishments of debt | 7 | 2 |
| Distributions from unconsolidated affiliates | 39 | 77 |
| Distributions on unvested awards | (13) | (13) |
| Net change in operating assets and liabilities, net of effects of acquisitions | 216 | (122) |
| Net cash provided by operating activities | 3,378 | 2,917 |
| INVESTING ACTIVITIES: | ||
| Cash paid for J-W Power Company acquisition, net of cash acquired | (445) | — |
| Cash paid for TanQuid acquisition, net of cash acquired | (194) | — |
| Cash paid for other acquisitions, net of cash acquired | (50) | (12) |
| Capital expenditures, excluding allowance for equity funds used during construction | (1,916) | (1,224) |
| Contributions in aid of construction costs | 19 | 16 |
| Contributions to unconsolidated affiliates | (22) | (1) |
| Distributions from unconsolidated affiliates in excess of cumulative earnings | 39 | 20 |
| Other, net | 35 | 3 |
| Net cash used in investing activities | (2,534) | (1,198) |
| FINANCING ACTIVITIES: | ||
| Proceeds from borrowings | 12,216 | 10,592 |
| Repayments of debt | (11,616) | (10,520) |
| Capital contributions from noncontrolling interests | 1 | 2 |
| Capital contributions from redeemable noncontrolling interests | 2 | — |
| Distributions to partners | (1,168) | (1,133) |
| Distributions to noncontrolling interests | (545) | (455) |
| Distributions to redeemable noncontrolling interests | (7) | (13) |
| Debt issuance costs | (48) | (51) |
| Net cash used in financing activities | (1,165) | (1,578) |
| Net change in cash and cash equivalents | (321) | 141 |
| Cash and cash equivalents, beginning of period | 1,272 | 312 |
| Cash and cash equivalents, end of period | $951 | $453 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.