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The latest financial statement is for the quarter ending 2026-03-31.

Cash Flow Overview

Free Cash flow
$1,462M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Proceeds from borrowings
    • Net income
    • Deferred income tax expense (ben...
    • Others
Negative Cash Flow Breakdown
    • Repayments of debt
    • Capital expenditures, excluding ...
    • Distributions to partners
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net income
1,976 1,238 1,292 1,458
Depreciation, depletion and amortization
1,583 1,491 1,440 1,384
Deferred income tax expense (benefit)
93 110 61 7
Inventory valuation adjustments
-444 187 -10 40
Non-cash compensation expense
42 38 40 33
Impairment loss
0 277 1 3
Other non-cash
11 -20 20 -9
Equity in earnings of unconsolidated affiliates
110 106 116 105
Gain (loss) on disposition of assets
-0 0 0
Losses on extinguishments of debt
-7 -3 -12 -17
Distributions from unconsolidated affiliates
39 146 71 88
Distributions on unvested awards
13 13 13 13
Net change in operating assets and liabilities, net of effects of acquisitions
-216 1,493 186 175
Net cash provided by operating activities
3,378 1,898 2,572 2,762
Cash paid for acquisitions, net of cash received-Parkland Acquisition
-2,004 --
Cash paid for acquisitions, net of cash received-WTGMidstream
-0 0 -
Cash paid for acquisitions, net of cash received-Edwards Lime Gathering LLC
-0 --
Cash acquired from acquisition
-0 --
Cash paid for acquisitions, net of cash received-Lotus Midstream Acquisition
-0 --
Cash paid for acquisitions-Sunoco LP
--109 92
Cash paid for acquisitions, net of cash received-Crestwood Acquisition
-0 --
Cash paid for acquisition, net of cash received-JWPower
445 ---
Cash paid for acquisitions-Edwards Lime Gathering
--0 0
Cash paid for acquisitions, net of cash received-Sunoco LPAcquisitions Of Terminals
-253 --
Cash paid for acquisition, net of cash received-Tan Quid
194 ---
Cash paid for acquisition, net of cash received-Other Acquisitions
50 -172 176 39
Capital expenditures, excluding allowance for equity funds used during construction
1,916 2,123 1,297 1,659
Contributions in aid of construction costs
19 73 1 10
Contributions to unconsolidated affiliates
22 5 5 207
Distributions from unconsolidated affiliates in excess of cumulative earnings
39 -16 21 36
Proceeds from sales of other assets-Sunoco LPWest Texas Assets
-0 --
Proceeds from divestiture of businesses
--0 0
Proceeds from sales of other assets-Other Assets
-30 --
Other, net
-35 9 -9 -9
Net cash used in investing activities
-2,534 -3,946 -1,528 -1,701
Proceeds from borrowings
12,216 5,995 10,729 5,554
Repayments of debt
11,616 4,585 8,341 15,126
Repayments of debt-USACInvestments In Government Securities In Connection With Legal Defeasance Of Senior Notes
--0 0
Repayments of senior debt
-0 --
Preferred units issued for cash-USACInvestments In Government Securities In Connection With Legal Defeasance Of Senior Notes
--1,473 -
Preferred units issued for cash
-1,473 --
Payments for repurchase of preferred stock and preference stock
--0 500
Payments for repurchase of preferred stock and preference stock-Series ASeries CSeries DAnd Series EPreferred Units
-500 --
Payments for repurchase of preferred stock and preference stock-Sunoco LPRedemption Of Nu Star Preferred Units
--0 0
Payments for repurchase of preferred stock and preference stock-Nustar
-0 --
Payments for repurchase of preferred stock and preference stock-Crestwood Niobrara LLCPreferred Units
--0 0
Payments for repurchase of preferred stock and preference stock-Crestwood Niobrara LLC
-0 --
Capital contributions from noncontrolling interests
1 0 22 3
Capital contributions from redeemable noncontrolling interests
2 0 0 0
Distributions to partners
1,168 1,221 1,150 1,221
Distributions to noncontrolling interests
545 424 376 479
Distributions to redeemable noncontrolling interests
7 11 11 21
Debt issuance costs
48 8 58 2
Net cash used in financing activities
-1,165 -254 2,288 -1,272
Net change in cash and cash equivalents
-321 -2,302 3,332 -211
Cash and cash equivalents, beginning of period
1,272 ---
Cash and cash equivalents, end of period
951 ---
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Net income$1,976M (14.88%↑ Y/Y)Depreciation, depletion andamortization$1,583M (15.80%↑ Y/Y)Net change inoperating assets and...-$216M (-277.05%↓ Y/Y)Deferred income taxexpense (benefit)$93M (481.25%↑ Y/Y)Non-cash compensationexpense$42M (13.51%↑ Y/Y)Distributions fromunconsolidated affiliates$39M (-49.35%↓ Y/Y)Losses onextinguishments of debt-$7M (-250.00%↓ Y/Y)Net cash provided byoperating activities$3,378M (15.80%↑ Y/Y)Canceled cashflow$578M Net change in cashand cash...-$321M (-327.66%↓ Y/Y)Canceled cashflow$3,378M Distributions fromunconsolidated affiliates in...$39M (95.00%↑ Y/Y)Other, net-$35M (-3400.00%↓ Y/Y)Contributions in aid ofconstruction costs$19M (18.75%↑ Y/Y)Proceeds from borrowings$12,216M (15.33%↑ Y/Y)Capital contributionsfrom redeemable...$2M Capital contributionsfrom noncontrolling...$1M (-50.00%↓ Y/Y)Inventory valuationadjustments-$444M (-627.87%↓ Y/Y)Equity in earnings ofunconsolidated affiliates$110M (19.57%↑ Y/Y)Distributions on unvestedawards$13M (0.00%↑ Y/Y)Other non-cash$11M (178.57%↑ Y/Y)Net cash used ininvesting activities-$2,534M (-111.52%↓ Y/Y)Canceled cashflow$93M Net cash used infinancing activities-$1,165M (26.17%↑ Y/Y)Canceled cashflow$12,219M Capital expenditures,excluding allowance for...$1,916M (56.54%↑ Y/Y)Cash paid foracquisition, net of cash...$445M Cash paid foracquisition, net of cash...$194M Cash paid foracquisition, net of cash...$50M (228.21%↑ Y/Y)Contributions tounconsolidated affiliates$22M (110.63%↑ Y/Y)Repayments of debt$11,616M (10.42%↑ Y/Y)Distributions to partners$1,168M (3.09%↑ Y/Y)Distributions tononcontrolling interests$545M (19.78%↑ Y/Y)Debt issuance costs$48M (-5.88%↓ Y/Y)Distributions to redeemablenoncontrolling interests$7M (-46.15%↓ Y/Y)

Energy Transfer LP (ET-PI)

Energy Transfer LP (ET-PI)