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SEC Filings
10-Q
ENERGY TRANSFER, LP filed this Form 10-Q on 11/08/2017
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Supplemental Information on Unconsolidated Affiliates
The following table presents financial information related to unconsolidated affiliates:
 
Nine Months Ended
September 30,
 
 
 
2017
 
2016
 
Change
Equity in earnings (losses) of unconsolidated affiliates:
 
 
 
 
 
Citrus
$
86

 
$
80

 
$
6

FEP
39

 
38

 
1

PES
5

 
(25
)
 
30

MEP
29

 
31

 
(2
)
HPC
17

 
23

 
(6
)
Sunoco LP
(89
)
 
54

 
(143
)
ETP
176

 

 
176

Other
39

 
59

 
(20
)
Total equity in earnings of unconsolidated affiliates
$
302

 
$
260

 
$
42

 
 
 
 
 
 
Adjusted EBITDA related to unconsolidated affiliates(1):
 
 
 
 
 
Citrus
$
262

 
$
251

 
$
11

FEP
55

 
56

 
(1
)
PES
31

 
2

 
29

MEP
66

 
69

 
(3
)
HPC
40

 
45

 
(5
)
Sunoco LP
211

 
208

 
3

ETP
282

 

 
282

Other
69

 
80

 
(11
)
Total Adjusted EBITDA related to unconsolidated affiliates
$
1,016

 
$
711

 
$
305

 
 
 
 
 
 
Distributions received from unconsolidated affiliates:
 
 
 
 
 
Citrus
$
113

 
$
112

 
$
1

FEP
28

 
47

 
(19
)
MEP
106

 
56

 
50

HPC
22

 
38

 
(16
)
Sunoco LP
108

 
102

 
6

ETP
312

 

 
312

Other
58

 
49

 
9

Total distributions received from unconsolidated affiliates
$
747

 
$
404

 
$
343

(1) 
These amounts represent our proportionate share of the Adjusted EBITDA of our unconsolidated affiliates and are based on our equity in earnings or losses of our unconsolidated affiliates adjusted for our proportionate share of the unconsolidated affiliates’ interest, depreciation, depletion, amortization, non-cash items and taxes.  
ESTIMATES AND CRITICAL ACCOUNTING POLICIES
The Partnership’s critical accounting policies have not changed subsequent to those reported in its Annual Report on Form 10-K for the year ended December 31, 2016. The following information is provided to supplement the Form 10-K disclosures specifically related to impairment of long-lived assets and goodwill.
Impairment of Long-Lived Assets and Goodwill.  Long-lived assets are required to be tested for recoverability whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Goodwill and intangibles with indefinite lives must be tested for impairment annually or more frequently if events or changes in circumstances indicate that the


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