Condensed Consolidating Financial Information | Note 18. Condensed Consolidating Financial Information EPO conducts all of our business. Currently, we have no independent operations and no material assets outside those of EPO. EPO has issued publicly traded debt securities. As the parent company of EPO, EPD guarantees substantially all of the debt obligations of EPO. If EPO were to default on any of its guaranteed debt, EPD would be responsible for full and unconditional repayment of that obligation. See Note 7 for additional information regarding our consolidated debt obligations. EPO’s consolidated subsidiaries have no significant restrictions on their ability to pay distributions or make loans to EPD. Enterprise Products Partners L.P. Unaudited Condensed Consolidating Balance Sheet September 30, 2020 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total ASSETS Current assets: Cash and cash equivalents and restricted cash $ 863.2 $ 292.5 $ (24.7 ) $ 1,131.0 $ 0.1 $ – $ 1,131.1 Accounts receivable – trade, net 1,155.1 2,621.9 (0.8 ) 3,776.2 – – 3,776.2 Accounts receivable – related parties 145.8 782.0 (915.0 ) 12.8 – (8.7 ) 4.1 Inventories 2,447.6 745.3 (0.3 ) 3,192.6 – – 3,192.6 Derivative assets 101.6 31.3 – 132.9 – – 132.9 Prepaid and other current assets 269.8 445.5 (159.7 ) 555.6 0.2 0.6 556.4 Total current assets 4,983.1 4,918.5 (1,100.5 ) 8,801.1 0.3 (8.1 ) 8,793.3 Property, plant and equipment, net 6,685.4 35,715.0 (40.3 ) 42,360.1 – – 42,360.1 Investments in unconsolidated affiliates 46,284.9 4,840.8 (48,640.3 ) 2,485.4 25,092.9 (25,092.9 ) 2,485.4 Intangible assets, net 624.3 2,741.0 (16.7 ) 3,348.6 – – 3,348.6 Goodwill 459.5 5,285.7 – 5,745.2 – – 5,745.2 Other assets 907.0 335.0 (239.4 ) 1,002.6 1.0 – 1,003.6 Total assets $ 59,944.2 $ 53,836.0 $ (50,037.2 ) $ 63,743.0 $ 25,094.2 $ (25,101.0 ) $ 63,736.2 LIABILITIES AND EQUITY Current liabilities: Current maturities of debt $ 1,325.0 $ – $ – $ 1,325.0 $ – $ – $ 1,325.0 Accounts payable – trade 288.3 631.4 (24.7 ) 895.0 1.0 – 896.0 Accounts payable – related parties 891.1 158.1 (927.9 ) 121.3 8.7 (8.7 ) 121.3 Accrued product payables 1,879.1 2,439.0 (1.0 ) 4,317.1 – – 4,317.1 Accrued interest 235.0 3.2 (3.1 ) 235.1 – – 235.1 Derivative liabilities 329.3 0.4 – 329.7 – – 329.7 Other current liabilities 201.8 579.1 (158.2 ) 622.7 – – 622.7 Total current liabilities 5,149.6 3,811.2 (1,114.9 ) 7,845.9 9.7 (8.7 ) 7,846.9 Long-term debt 28,522.4 14.6 – 28,537.0 – – 28,537.0 Deferred tax liabilities 25.5 434.2 (0.5 ) 459.2 – 4.1 463.3 Other long-term liabilities 370.0 607.3 (242.1 ) 735.2 – – 735.2 Commitments and contingent liabilities Redeemable preferred limited partner interests – – – – 49.2 (0.1 ) 49.1 Equity: Partners’ and other owners’ equity 25,876.7 48,905.3 (49,724.5 ) 25,057.5 25,035.3 (25,057.5 ) 25,035.3 Noncontrolling interests in consolidated subsidiairies – 63.4 1,044.8 1,108.2 – (38.8 ) 1,069.4 Total equity 25,876.7 48,968.7 (48,679.7 ) 26,165.7 25,035.3 (25,096.3 ) 26,104.7 Total liabilities, preferred units, and equity $ 59,944.2 $ 53,836.0 $ (50,037.2 ) $ 63,743.0 $ 25,094.2 $ (25,101.0 ) $ 63,736.2 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Balance Sheet December 31, 2019 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total ASSETS Current assets: Cash and cash equivalents and restricted cash $ 109.2 $ 315.8 $ (15.1 ) $ 409.9 $ 0.1 $ – $ 410.0 Accounts receivable – trade, net 1,471.1 3,403.8 (1.3 ) 4,873.6 – – 4,873.6 Accounts receivable – related parties 233.1 799.9 (1,023.6 ) 9.4 – (6.9 ) 2.5 Inventories 1,351.3 740.4 (0.3 ) 2,091.4 – – 2,091.4 Derivative assets 115.2 12.0 – 127.2 – – 127.2 Prepaid and other current assets 221.0 183.5 (46.3 ) 358.2 – – 358.2 Total current assets 3,500.9 5,455.4 (1,086.6 ) 7,869.7 0.1 (6.9 ) 7,862.9 Property, plant and equipment, net 6,413.3 35,233.6 (43.5 ) 41,603.4 – – 41,603.4 Investments in unconsolidated affiliates 45,514.0 4,165.7 (47,079.5 ) 2,600.2 25,279.3 (25,279.3 ) 2,600.2 Intangible assets, net 636.7 2,852.3 (40.0 ) 3,449.0 – – 3,449.0 Goodwill 459.5 5,285.7 – 5,745.2 – – 5,745.2 Other assets 404.9 288.5 (221.9 ) 471.5 1.0 – 472.5 Total assets $ 56,929.3 $ 53,281.2 $ (48,471.5 ) $ 61,739.0 $ 25,280.4 $ (25,286.2 ) $ 61,733.2 LIABILITIES AND EQUITY Current liabilities: Current maturities of debt $ 1,981.9 $ – $ – $ 1,981.9 $ – $ – $ 1,981.9 Accounts payable – trade 301.4 717.7 (14.6 ) 1,004.5 – – 1,004.5 Accounts payable – related parties 977.5 222.3 (1,037.5 ) 162.3 6.9 (6.9 ) 162.3 Accrued product payables 1,895.4 3,021.9 (1.6 ) 4,915.7 – – 4,915.7 Accrued interest 431.6 0.9 (0.8 ) 431.7 – – 431.7 Derivative liabilities 114.2 8.2 – 122.4 – – 122.4 Other current liabilities 120.5 438.2 (47.3 ) 511.4 – (0.2 ) 511.2 Total current liabilities 5,822.5 4,409.2 (1,101.8 ) 9,129.9 6.9 (7.1 ) 9,129.7 Long-term debt 25,628.6 14.6 – 25,643.2 – – 25,643.2 Deferred tax liabilities 22.2 75.6 (0.8 ) 97.0 – 3.4 100.4 Other long-term liabilities 161.2 608.9 (247.2 ) 522.9 509.5 – 1,032.4 Commitments and contingent liabilities Equity: Partners’ and other owners’ equity 25,294.8 48,107.6 (48,155.3 ) 25,247.1 24,764.0 (25,247.1 ) 24,764.0 Noncontrolling interests in consolidated subsidiairies – 65.3 1,033.6 1,098.9 – (35.4 ) 1,063.5 Total equity 25,294.8 48,172.9 (47,121.7 ) 26,346.0 24,764.0 (25,282.5 ) 25,827.5 Total liabilities and equity $ 56,929.3 $ 53,281.2 $ (48,471.5 ) $ 61,739.0 $ 25,280.4 $ (25,286.2 ) $ 61,733.2 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Operations For the Three Months Ended September 30, 2020 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Revenues $ 11,392.7 $ 4,135.4 $ (8,606.1 ) $ 6,922.0 $ – $ – $ 6,922.0 Costs and expenses: Operating costs and expenses 11,053.8 3,124.1 (8,606.7 ) 5,571.2 – – 5,571.2 General and administrative costs 8.1 41.2 0.7 50.0 0.3 – 50.3 Total costs and expenses 11,061.9 3,165.3 (8,606.0 ) 5,621.2 0.3 – 5,621.5 Equity in income of unconsolidated affiliates 923.7 114.3 (956.0 ) 82.0 1,053.0 (1,053.0 ) 82.0 Operating income 1,254.5 1,084.4 (956.1 ) 1,382.8 1,052.7 (1,053.0 ) 1,382.5 Other income (expense): Interest expense (320.8 ) (2.5 ) 2.8 (320.5 ) – – (320.5 ) Other, net 4.4 (114.1 ) 112.6 2.9 – – 2.9 Total other expense, net (316.4 ) (116.6 ) 115.4 (317.6 ) – – (317.6 ) Income before income taxes 938.1 967.8 (840.7 ) 1,065.2 1,052.7 (1,053.0 ) 1,064.9 Benefit from (provision for) income taxes (1.7 ) 21.3 (0.1 ) 19.5 0.1 (0.5 ) 19.1 Net income 936.4 989.1 (840.8 ) 1,084.7 1,052.8 (1,053.5 ) 1,084.0 Net income attributable to noncontrolling interests – (1.8 ) (31.3 ) (33.1 ) – 1.7 (31.4 ) Net income attributable to preferred units – – – – (0.2 ) 0.2 – Net income attributable to entity $ 936.4 $ 987.3 $ (872.1 ) $ 1,051.6 $ 1,052.6 $ (1,051.6 ) $ 1,052.6 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Operations For the Three Months Ended September 30, 2019 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Revenues $ 8,268.7 $ 5,238.9 $ (5,543.5 ) $ 7,964.1 $ – $ – $ 7,964.1 Costs and expenses: Operating costs and expenses 7,950.9 4,166.6 (5,543.8 ) 6,573.7 – – 6,573.7 General and administrative costs 9.4 45.4 0.4 55.2 0.3 – 55.5 Total costs and expenses 7,960.3 4,212.0 (5,543.4 ) 6,628.9 0.3 – 6,629.2 Equity in income of unconsolidated affiliates 1,131.9 167.1 (1,159.7 ) 139.3 1,058.2 (1,058.2 ) 139.3 Operating income 1,440.3 1,194.0 (1,159.8 ) 1,474.5 1,057.9 (1,058.2 ) 1,474.2 Other income (expense): Interest expense (383.2 ) (2.6 ) 2.9 (382.9 ) – – (382.9 ) Other, net 8.7 1.8 (2.9 ) 7.6 (38.7 ) – (31.1 ) Total other expense, net (374.5 ) (0.8 ) – (375.3 ) (38.7 ) – (414.0 ) Income before income taxes 1,065.8 1,193.2 (1,159.8 ) 1,099.2 1,019.2 (1,058.2 ) 1,060.2 Provision for income taxes (8.5 ) (6.6 ) – (15.1 ) – (0.3 ) (15.4 ) Net income 1,057.3 1,186.6 (1,159.8 ) 1,084.1 1,019.2 (1,058.5 ) 1,044.8 Net income attributable to noncontrolling interests – (1.5 ) (25.4 ) (26.9 ) – 1.3 (25.6 ) Net income attributable to entity $ 1,057.3 $ 1,185.1 $ (1,185.2 ) $ 1,057.2 $ 1,019.2 $ (1,057.2 ) $ 1,019.2 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Operations For the Nine Months Ended September 30, 2020 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Revenues $ 29,836.7 $ 12,609.5 $ (22,290.7 ) $ 20,155.5 $ – $ – $ 20,155.5 Costs and expenses: Operating costs and expenses 28,856.1 9,438.6 (22,292.8 ) 16,001.9 – – 16,001.9 General and administrative costs 28.5 130.6 2.1 161.2 1.6 – 162.8 Total costs and expenses 28,884.6 9,569.2 (22,290.7 ) 16,163.1 1.6 – 16,164.7 Equity in income of unconsolidated affiliates 2,972.6 422.3 (3,058.8 ) 336.1 3,368.9 (3,368.9 ) 336.1 Operating income 3,924.7 3,462.6 (3,058.8 ) 4,328.5 3,367.3 (3,368.9 ) 4,326.9 Other income (expense): Interest expense (959.0 ) (7.6 ) 8.4 (958.2 ) – – (958.2 ) Other, net 17.4 (386.9 ) 384.0 14.5 (2.0 ) – 12.5 Total other expense, net (941.6 ) (394.5 ) 392.4 (943.7 ) (2.0 ) – (945.7 ) Income before income taxes 2,983.1 3,068.1 (2,666.4 ) 3,384.8 3,365.3 (3,368.9 ) 3,381.2 Benefit from (provision for) income taxes (10.5 ) 78.3 (0.4 ) 67.4 72.3 (1.1 ) 138.6 Net income 2,972.6 3,146.4 (2,666.8 ) 3,452.2 3,437.6 (3,370.0 ) 3,519.8 Net income attributable to noncontrolling interests – (4.6 ) (82.5 ) (87.1 ) – 4.7 (82.4 ) Net income attributable to preferred units – – – – (0.2 ) 0.2 – Net income attributable to entity $ 2,972.6 $ 3,141.8 $ (2,749.3 ) $ 3,365.1 $ 3,437.4 $ (3,365.1 ) $ 3,437.4 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Operations For the Nine Months Ended September 30, 2019 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Revenues $ 25,664.8 $ 16,618.5 $ (17,499.4 ) $ 24,783.9 $ – $ – $ 24,783.9 Costs and expenses: Operating costs and expenses 24,670.6 13,216.2 (17,492.5 ) 20,394.3 – – 20,394.3 General and administrative costs 22.6 133.4 2.3 158.3 1.9 – 160.2 Total costs and expenses 24,693.2 13,349.6 (17,490.2 ) 20,552.6 1.9 – 20,554.5 Equity in income of unconsolidated affiliates 3,606.9 496.8 (3,672.4 ) 431.3 3,619.4 (3,619.4 ) 431.3 Operating income 4,578.5 3,765.7 (3,681.6 ) 4,662.6 3,617.5 (3,619.4 ) 4,660.7 Other income (expense): Interest expense (950.9 ) (7.8 ) 8.5 (950.2 ) – – (950.2 ) Other, net 16.0 4.2 (8.5 ) 11.7 (123.1 ) – (111.4 ) Total other expense, net (934.9 ) (3.6 ) – (938.5 ) (123.1 ) – (1,061.6 ) Income before income taxes 3,643.6 3,762.1 (3,681.6 ) 3,724.1 3,494.4 (3,619.4 ) 3,599.1 Provision for income taxes (18.2 ) (18.3 ) – (36.5 ) – (0.9 ) (37.4 ) Net income 3,625.4 3,743.8 (3,681.6 ) 3,687.6 3,494.4 (3,620.3 ) 3,561.7 Net income attributable to noncontrolling interests – (4.9 ) (66.5 ) (71.4 ) – 4.1 (67.3 ) Net income attributable to entity $ 3,625.4 $ 3,738.9 $ (3,748.1 ) $ 3,616.2 $ 3,494.4 $ (3,616.2 ) $ 3,494.4 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Comprehensive Income For the Three Months Ended September 30, 2020 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Comprehensive income $ 1,083.0 $ 940.4 $ (840.8 ) $ 1,182.6 $ 1,150.4 $ (1,151.2 ) $ 1,181.8 Comprehensive income attributable to noncontrolling interests – (1.8 ) (31.3 ) (33.1 ) – 1.7 (31.4 ) Comprehensive income attributable to preferred units – – – – (0.2 ) 0.2 – Comprehensive income attributable to entity $ 1,083.0 $ 938.6 $ (872.1 ) $ 1,149.5 $ 1,150.2 $ (1,149.3 ) $ 1,150.4 Unaudited Condensed Consolidating Statement of Comprehensive Income For the Three Months Ended September 30, 2019 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Comprehensive income $ 1,038.7 $ 1,176.8 $ (1,159.8 ) $ 1,055.7 $ 990.8 $ (1,030.1 ) $ 1,016.4 Comprehensive income attributable to noncontrolling interests – (1.5 ) (25.4 ) (26.9 ) – 1.3 (25.6 ) Comprehensive income attributable to entity $ 1,038.7 $ 1,175.3 $ (1,185.2 ) $ 1,028.8 $ 990.8 $ (1,028.8 ) $ 990.8 Unaudited Condensed Consolidating Statement of Comprehensive Income For the Nine Months Ended September 30, 2020 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Comprehensive income $ 2,767.1 $ 3,231.4 $ (2,666.8 ) $ 3,331.7 $ 3,316.7 $ (3,249.3 ) $ 3,399.1 Comp rehensive income attrib – (4.6 ) (82.5 ) (87.1 ) – 4.7 (82.4 ) Comprehensive income attributable to preferred units – – – – (0.2 ) 0.2 – Comprehensive income attributable to entity $ 2,767.1 $ 3,226.8 $ (2,749.3 ) $ 3,244.6 $ 3,316.5 $ (3,244.4 ) $ 3,316.7 Unaudited Condensed Consolidating Statement of Comprehensive Income For the Nine Months Ended September 30, 2019 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Comprehensive income $ 3,628.6 $ 3,650.6 $ (3,681.6 ) $ 3,597.6 $ 3,404.4 $ (3,530.3 ) $ 3,471.7 Comprehensive income attributable to noncontrolling interests – (4.9 ) (66.5 ) (71.4 ) – 4.1 (67.3 ) Comprehensive income attributable to entity $ 3,628.6 $ 3,645.7 $ (3,748.1 ) $ 3,526.2 $ 3,404.4 $ (3,526.2 ) $ 3,404.4 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Cash Flows For the Nine Months Ended September 30, 2020 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Operating activities: Net income $ 2,972.6 $ 3,146.4 $ (2,666.8 ) $ 3,452.2 $ 3,437.6 $ (3,370.0 ) $ 3,519.8 Reconciliation of net income to net cash flows provided by operating activities: Depreciation, amortization and accretion 260.8 1,286.9 (2.6 ) 1,545.1 – – 1,545.1 Equity in income of unconsolidated affiliates (2,972.6 ) (422.3 ) 3,058.8 (336.1 ) (3,368.9 ) 3,368.9 (336.1 ) Distributions received from unconsolidated affiliates attributable to earnings 1,071.3 157.4 (891.3 ) 337.4 3,164.4 (3,164.4 ) 337.4 Net effect of changes in operating accounts and other operating activities 1,997.2 (2,254.3 ) (449.2 ) (706.3 ) (68.7 ) 0.4 (774.6 ) Net cash flows provided by operating activities 3,329.3 1,914.1 (951.1 ) 4,292.3 3,164.4 (3,165.1 ) 4,291.6 Investing activities: Capital expenditures (533.9 ) (2,139.1 ) 1.4 (2,671.6 ) – – (2,671.6 ) Proceeds from asset sales 1.2 7.2 – 8.4 – – 8.4 Other investing activities (1,106.8 ) 30.4 1,175.4 99.0 – – 99.0 Cash used in investing activities (1,639.5 ) (2,101.5 ) 1,176.8 (2,564.2 ) – – (2,564.2 ) Financing activities: Borrowings under debt agreements 6,672.1 – – 6,672.1 – – 6,672.1 Repayments of debt (4,406.6 ) – – (4,406.6 ) – – (4,406.6 ) Cash distributions paid to owners (3,164.4 ) (1,104.7 ) 1,153.5 (3,115.6 ) (2,968.4 ) 3,164.4 (2,919.6 ) Cash payments made in connection with DERs – – – – (20.0 ) – (20.0 ) Cash distributions paid to noncontrolling interests – (6.6 ) (91.9 ) (98.5 ) – 0.7 (97.8 ) Cash contributions from noncontrolling interests – – 21.2 21.2 – – 21.2 Repurchase of common units under 2019 Buyback Program – – – – (173.8 ) – (173.8 ) Net cash proceeds from the issuance of preferred unit – – – – 32.5 – 32.5 Cash contributions from owners – 1,275.4 (1,275.4 ) – – – – Other financing activities (36.9 ) – (42.7 ) (79.6 ) (34.7 ) – (114.3 ) Cash provided by (used in) financing activities (935.8 ) 164.1 (235.3 ) (1,007.0 ) (3,164.4 ) 3,165.1 (1,006.3 ) Net change in cash and cash equivalents, including restricted cash 754.0 (23.3 ) (9.6 ) 721.1 – – 721.1 Cash and cash equivalents, including restricted cash, at beginning of period 109.2 315.8 (15.1 ) 409.9 0.1 – 410.0 Cash and cash equivalents, including restricted cash, at end of period $ 863.2 $ 292.5 $ (24.7 ) $ 1,131.0 $ 0.1 $ – $ 1,131.1 Enterprise Products Partners L.P. Unaudited Condensed Consolidating Statement of Cash Flows For the Nine Months Ended September 30, 2019 EPO and Subsidiaries Subsidiary Issuer (EPO) Other Subsidiaries (Non- guarantor) EPO and Subsidiaries Eliminations and Adjustments Consolidated EPO and Subsidiaries EPD (Guarantor) Eliminations and Adjustments Consolidated Total Operating activities: Net income $ 3,625.4 $ 3,743.8 $ (3,681.6 ) $ 3,687.6 $ 3,494.4 $ (3,620.3 ) $ 3,561.7 Reconciliation of net income to net cash flows provided by operating activities: Depreciation, amortization and accretion 231.5 1,226.5 (1.3 ) 1,456.7 – – 1,456.7 Equity in income of unconsolidated affiliates (3,606.9 ) (496.8 ) 3,672.4 (431.3 ) (3,619.4 ) 3,619.4 (431.3 ) Distributions received from unconsolidated affiliates attributable to earnings 1,170.9 243.0 (982.7 ) 431.2 3,028.9 (3,028.9 ) 431.2 Net effect of changes in operating accounts and other operating activities 2,203.8 (2,549.8 ) 19.1 (326.9 ) 134.6 0.2 (192.1 ) Net cash flows provided by operating activities 3,624.7 2,166.7 (974.1 ) 4,817.3 3,038.5 (3,029.6 ) 4,826.2 Investing activities: Capital expenditures (503.8 ) (2,791.2 ) (7.1 ) (3,302.1 ) – – (3,302.1 ) Proceeds from asset sales 0.9 15.9 – 16.8 – – 16.8 Other investing activities (1,349.5 ) (28.8 ) 1,290.8 (87.5 ) (119.3 ) 119.3 (87.5 ) Cash used in investing activities (1,852.4 ) (2,804.1 ) 1,283.7 (3,372.8 ) (119.3 ) 119.3 (3,372.8 ) Financing activities: Borrowings under debt agreements 44,629.6 – – 44,629.6 – – 44,629.6 Repayments of debt (42,855.2 ) (0.1 ) – (42,855.3 ) – – (42,855.3 ) Cash distributions paid to owners (3,028.9 ) (1,484.8 ) 1,484.8 (3,028.9 ) (2,871.1 ) 3,028.9 (2,871.1 ) Cash payments made in connection with DERs – – – – (16.4 ) – (16.4 ) Cash distributions paid to noncontrolling interests – (7.0 ) (63.4 ) (70.4 ) – 0.7 (69.7 ) Cash contributions from noncontrolling interests – – 590.8 590.8 – – 590.8 Net cash proceeds from issuance of common units – – – – 82.2 – 82.2 Repurchase of common units under 2019 Buyback Program – – – – (81.1 ) – (81.1 ) Cash contributions from owners 119.3 2,320.3 (2,320.3 ) 119.3 – (119.3 ) – Other financing activities (26.3 ) (5.6 ) – (31.9 ) (32.8 ) – (64.7 ) Cash provided by (used in) financing activities (1,161.5 ) 822.8 (308.1 ) (646.8 ) (2,919.2 ) 2,910.3 (655.7 ) Net change in cash and cash equivalents, including restricted cash 610.8 185.4 1.5 797.7 – – 797.7 Cash and cash equivalents, including restricted cash, at beginning of period 393.4 50.3 (33.6 ) 410.1 – – 410.1 Cash and cash equivalents, including restricted cash, at end of period $ 1,004.2 $ 235.7 $ (32.1 ) $ 1,207.8 $ – $ – $ 1,207.8 |