NextEra Energy Partners, LP(NYSE:NEP) 
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. The company owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP ...
Founded: 1984
Sector: Utilities
Industry: Utilities-Renewable
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating revenues | 315,000,000 | 342,000,000 | 282,000,000 | 294,000,000 | 319,000,000 | 360,000,000 | 257,000,000 | 134,750,000 | 186,000,000 | 171,000,000 | 165,000,000 | 174,000,000 | 103,000,000 | 107,000,000 | 74,000,000 | 66,000,000 | 89,000,000 | ||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||
operations and maintenance | 151,000,000 | 102,000,000 | 110,000,000 | 115,000,000 | 128,000,000 | 139,000,000 | 123,000,000 | 108,000,000 | 128,000,000 | 131,000,000 | 154,000,000 | 154,000,000 | 153,000,000 | 136,000,000 | 129,000,000 | 117,000,000 | 110,000,000 | 101,000,000 | 92,000,000 | 90,000,000 | 93,000,000 | 89,000,000 | 92,000,000 | 89,000,000 | 90,000,000 | 82,000,000 | 76,000,000 | 64,000,000 | 65,000,000 | 64,000,000 | 64,000,000 | 83,000,000 | 56,000,000 | 61,000,000 | 52,000,000 | 101,000,000 | 34,000,000 | 31,000,000 | 31,000,000 | 19,000,000 | 22,000,000 | 23,000,000 | 16,000,000 | 15,000,000 | 14,000,000 |
depreciation and amortization | 142,000,000 | 141,000,000 | 136,000,000 | 138,000,000 | 138,000,000 | 138,000,000 | 136,000,000 | 109,000,000 | 145,000,000 | 135,000,000 | 132,000,000 | 115,000,000 | 107,000,000 | 105,000,000 | 103,000,000 | 81,000,000 | 71,000,000 | 69,000,000 | 67,000,000 | 71,000,000 | 68,000,000 | 66,000,000 | 66,000,000 | 67,000,000 | 68,000,000 | 63,000,000 | 61,000,000 | 51,000,000 | 49,000,000 | 49,000,000 | 53,000,000 | 77,000,000 | 50,000,000 | 50,000,000 | 46,000,000 | 54,000,000 | 51,000,000 | 46,000,000 | 46,000,000 | 51,000,000 | 31,000,000 | 30,000,000 | 23,000,000 | 21,000,000 | 20,000,000 |
goodwill impairment charge | 253,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
taxes other than income taxes and other – net | 15,000,000 | 18,000,000 | 16,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||||
total operating expenses – net | 308,000,000 | 261,000,000 | 515,000,000 | 846,000,000 | 284,000,000 | 294,000,000 | 278,000,000 | 228,000,000 | 294,000,000 | 286,000,000 | 298,000,000 | 286,000,000 | 261,000,000 | 256,000,000 | 247,000,000 | 209,000,000 | 188,000,000 | 183,000,000 | 168,000,000 | ||||||||||||||||||||||||||
gains on disposal of businesses/assets – net | -2,000,000 | 9,000,000 | 14,000,000 | 1,000,000 | 8,000,000 | 27,000,000 | |||||||||||||||||||||||||||||||||||||||
operating income | 5,000,000 | 90,000,000 | -233,000,000 | -552,000,000 | 49,000,000 | 66,000,000 | -21,000,000 | -168,000,000 | 73,000,000 | 64,000,000 | 3,000,000 | -19,000,000 | 49,000,000 | 133,000,000 | 34,000,000 | 22,000,000 | 64,000,000 | 70,000,000 | 78,000,000 | 46,000,000 | 68,000,000 | 89,000,000 | 49,000,000 | 43,000,000 | 88,000,000 | 67,000,000 | 34,000,000 | 30,000,000 | 59,000,000 | 265,000,000 | 90,000,000 | 77,000,000 | 66,000,000 | 88,000,000 | 73,000,000 | 58,000,000 | 79,000,000 | 75,000,000 | 73,000,000 | 84,000,000 | 46,000,000 | 50,000,000 | 31,000,000 | 29,000,000 | 52,000,000 |
yoy | -89.80% | 36.36% | 1009.52% | 228.57% | -32.88% | 3.13% | -800.00% | 784.21% | 48.98% | -51.88% | -91.18% | -186.36% | -23.44% | 90.00% | -56.41% | -52.17% | -5.88% | -21.35% | 59.18% | 6.98% | -22.73% | 32.84% | 44.12% | 43.33% | 49.15% | -74.72% | -62.22% | -61.04% | -10.61% | 201.14% | 23.29% | 32.76% | -16.46% | 17.33% | 0.00% | -30.95% | 71.74% | 50.00% | 135.48% | 189.66% | -11.54% | ||||
qoq | -94.44% | -138.63% | -57.79% | -1226.53% | -25.76% | -414.29% | -87.50% | -330.14% | 14.06% | 2033.33% | -115.79% | -138.78% | -63.16% | 291.18% | 54.55% | -65.63% | -8.57% | -10.26% | 69.57% | -32.35% | -23.60% | 81.63% | 13.95% | -51.14% | 31.34% | 97.06% | 13.33% | -49.15% | -77.74% | 194.44% | 16.88% | 16.67% | -25.00% | 20.55% | 25.86% | -26.58% | 5.33% | 2.74% | -13.10% | 82.61% | -8.00% | 61.29% | 6.90% | -44.23% | |
other income | |||||||||||||||||||||||||||||||||||||||||||||
interest expense | -94,000,000 | -131,000,000 | -159,000,000 | 63,000,000 | -165,000,000 | -54,000,000 | -13,000,000 | -187,000,000 | 17,000,000 | -15,000,000 | -210,000,000 | 155,000,000 | 414,000,000 | 284,000,000 | -98,000,000 | -24,000,000 | -336,000,000 | 504,000,000 | 110,000,000 | 93,000,000 | 16,000,000 | -839,000,000 | 33,000,000 | -372,000,000 | -207,000,000 | -155,000,000 | -155,000,000 | 31,000,000 | -21,000,000 | -103,000,000 | -45,000,000 | -50,000,000 | -61,000,000 | -43,000,000 | 56,000,000 | -41,000,000 | -77,000,000 | -86,000,000 | -38,000,000 | -28,000,000 | -26,000,000 | -23,000,000 | -25,000,000 | -26,000,000 | |
equity in earnings of equity method investees | 66,000,000 | 31,000,000 | 16,000,000 | -19,000,000 | 48,000,000 | 48,000,000 | 30,000,000 | 21,000,000 | 58,000,000 | 45,000,000 | 28,000,000 | 29,000,000 | 52,000,000 | 55,000,000 | 45,000,000 | 29,000,000 | 47,000,000 | 42,000,000 | 43,000,000 | 17,000,000 | 44,000,000 | 29,000,000 | 18,000,000 | 9,000,000 | 21,000,000 | 9,000,000 | -1,000,000 | ||||||||||||||||||
equity in earnings (losses) of non-economic ownership interests | -3,000,000 | 4,000,000 | -8,000,000 | 1,000,000 | 12,000,000 | 14,000,000 | 4,000,000 | 11,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||
other – net | 5,000,000 | 8,000,000 | 2,000,000 | 2,000,000 | 4,000,000 | 18,000,000 | 22,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | |||||||||||||||||||||||||||
total other income (deductions) – net | -23,000,000 | -95,000,000 | -140,000,000 | 48,000,000 | -102,000,000 | 13,000,000 | 43,000,000 | -175,000,000 | 90,000,000 | 44,000,000 | -188,000,000 | 488,000,000 | 349,000,000 | -67,000,000 | 36,000,000 | -294,000,000 | 563,000,000 | ||||||||||||||||||||||||||||
income before income taxes | -18,000,000 | -5,000,000 | -373,000,000 | -504,000,000 | -53,000,000 | 79,000,000 | 22,000,000 | -343,000,000 | 163,000,000 | 108,000,000 | -185,000,000 | 11,000,000 | 277,000,000 | 621,000,000 | 383,000,000 | -45,000,000 | 100,000,000 | -224,000,000 | 641,000,000 | 178,000,000 | 220,000,000 | 140,000,000 | -795,000,000 | 93,000,000 | -261,000,000 | -134,000,000 | -128,000,000 | -125,000,000 | 125,000,000 | 275,000,000 | -2,000,000 | 112,000,000 | 51,000,000 | 59,000,000 | 50,000,000 | 237,000,000 | 152,000,000 | 19,000,000 | -17,000,000 | 44,000,000 | 17,000,000 | 28,000,000 | 10,000,000 | 4,000,000 | 26,000,000 |
income tax benefit | 43,000,000 | -41,000,000 | -45,000,000 | 21,000,000 | -13,000,000 | 19,000,000 | -34,000,000 | 83,000,000 | -6,000,000 | 6,000,000 | -22,000,000 | 70,000,000 | 18,000,000 | 25,000,000 | 13,000,000 | -75,000,000 | -10,000,000 | -3,000,000 | |||||||||||||||||||||||||||
income from continuing operations | -61,000,000 | -420,000,000 | -83,000,000 | 58,000,000 | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax benefit of 2, 4, 8, and 1, respectively | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income | -64,000,000 | 36,000,000 | -328,000,000 | -420,000,000 | -83,000,000 | 58,000,000 | 35,000,000 | 148,000,000 | 132,000,000 | 89,000,000 | -151,000,000 | 18,000,000 | 232,000,000 | 538,000,000 | 333,000,000 | -39,000,000 | 94,000,000 | -202,000,000 | 571,000,000 | 160,000,000 | 195,000,000 | 127,000,000 | -720,000,000 | 84,000,000 | -243,000,000 | -124,000,000 | -121,000,000 | -118,000,000 | 110,000,000 | 296,000,000 | -21,000,000 | -23,000,000 | 38,000,000 | 50,000,000 | 42,000,000 | 196,000,000 | 127,000,000 | 28,000,000 | -14,000,000 | 34,000,000 | 14,000,000 | 23,000,000 | 9,000,000 | 1,000,000 | 24,000,000 |
yoy | -22.89% | -37.93% | -1037.14% | -383.78% | -162.88% | -34.83% | -123.18% | 722.22% | -43.10% | -83.46% | -145.35% | -146.15% | 146.81% | -366.34% | -41.68% | -124.37% | -51.79% | -259.06% | -179.31% | 90.48% | -180.25% | -202.42% | 495.04% | -171.19% | -320.91% | -141.89% | 476.19% | 413.04% | 189.47% | 492.00% | -150.00% | -111.73% | -70.08% | 78.57% | -400.00% | 476.47% | 807.14% | 21.74% | -255.56% | 3300.00% | -41.67% | ||||
qoq | -277.78% | -110.98% | -21.90% | 406.02% | -243.10% | 65.71% | -76.35% | 12.12% | 48.31% | -158.94% | -938.89% | -92.24% | -56.88% | 61.56% | -953.85% | -141.49% | -146.53% | -135.38% | 256.88% | -17.95% | 53.54% | -117.64% | -957.14% | -134.57% | 95.97% | 2.48% | 2.54% | -207.27% | -62.84% | -1509.52% | -8.70% | -160.53% | -24.00% | 19.05% | -78.57% | 54.33% | 353.57% | -300.00% | -141.18% | 142.86% | -39.13% | 155.56% | 800.00% | -95.83% | |
net income attributable to noncontrolling interests | 27,000,000 | 43,000,000 | 230,000,000 | 35,000,000 | -165,000,000 | -153,000,000 | -189,000,000 | 500,000,000 | 103,000,000 | -71,000,000 | -207,000,000 | ||||||||||||||||||||||||||||||||||
net income attributable to xplr | -37,000,000 | 79,000,000 | -98,000,000 | ||||||||||||||||||||||||||||||||||||||||||
earnings per common unit attributable to xplr – basic and assuming dilution: | |||||||||||||||||||||||||||||||||||||||||||||
from continuing operations | -370,000 | -1,220,000 | -430,000 | 660,000 | 750,000 | ||||||||||||||||||||||||||||||||||||||||
from discontinued operations | -30,000 | ||||||||||||||||||||||||||||||||||||||||||||
earnings per common unit attributable to xplr – basic and assuming dilution | -400,000 | ||||||||||||||||||||||||||||||||||||||||||||
earnings per common unit attributable to xplr – basic | 840,000 | -1,050,000 | |||||||||||||||||||||||||||||||||||||||||||
earnings per common unit attributable to xplr – assuming dilution | 840,000 | -1,050,000 | |||||||||||||||||||||||||||||||||||||||||||
equity in earnings of non-economic ownership interests | 1,000,000 | 2,000,000 | 11,000,000 | 1,000,000 | -12,000,000 | 13,000,000 | 11,000,000 | 14,000,000 | 20,000,000 | 18,000,000 | 19,000,000 | -2,500,000 | 1,000,000 | -4,000,000 | -7,000,000 | -10,000,000 | 11,000,000 | 7,000,000 | 6,000,000 | -1,000,000 | 9,000,000 | 4,000,000 | |||||||||||||||||||||||
income taxes | 9,500,000 | 30,000,000 | 4,000,000 | 31,000,000 | 44,500,000 | 45,000,000 | 50,000,000 | 19,000,000 | 3,750,000 | 25,000,000 | 2,750,000 | 3,000,000 | 5,000,000 | 1,000,000 | 3,250,000 | 2,000,000 | |||||||||||||||||||||||||||||
income from discontinued operations, net of tax expense of 3 million and 8 million, respectively | |||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests | 306,000,000 | 43,000,000 | 4,000,000 | 4,500,000 | -79,000,000 | -40,000,000 | 137,000,000 | -319,000,000 | 30,000,000 | -76,000,000 | 128,000,000 | -369,000,000 | -96,000,000 | -138,000,000 | -78,000,000 | ||||||||||||||||||||||||||||||
net income attributable to nep | 22,750,000 | -40,000,000 | 62,000,000 | 70,000,000 | |||||||||||||||||||||||||||||||||||||||||
earnings per common unit attributable to nep – basic and assuming dilution: | |||||||||||||||||||||||||||||||||||||||||||||
earnings per common unit attributable to nep – basic and assuming dilution | 242,500 | -430,000 | 660,000 | 750,000 | |||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax expense of 3 million and 5 million, respectively | |||||||||||||||||||||||||||||||||||||||||||||
taxes other than income taxes and other | 19,000,000 | 11,000,000 | 21,000,000 | 20,000,000 | 12,000,000 | 17,000,000 | 1,000,000 | 15,000,000 | 15,000,000 | 11,000,000 | 7,000,000 | 13,000,000 | 9,000,000 | 5,000,000 | 11,000,000 | 9,000,000 | 5,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 7,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 6,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | ||||||
income from discontinued operations, net of tax expense of 2 million | |||||||||||||||||||||||||||||||||||||||||||||
renewable energy sales | 211,750,000 | 308,000,000 | 293,000,000 | 245,000,000 | 204,000,000 | 236,000,000 | 302,000,000 | 224,000,000 | 177,000,000 | 193,000,000 | 194,000,000 | 155,000,000 | 157,000,000 | 187,000,000 | 203,000,000 | 157,000,000 | 151,000,000 | 201,000,000 | 170,000,000 | 123,000,000 | 102,000,000 | 124,000,000 | 169,000,000 | 156,000,000 | 194,000,000 | 127,000,000 | 159,000,000 | 126,000,000 | |||||||||||||||||
texas pipelines service revenues | 42,750,000 | 59,000,000 | 57,000,000 | 56,000,000 | 62,000,000 | 66,000,000 | 60,000,000 | 57,000,000 | 54,000,000 | 59,000,000 | 59,000,000 | 91,000,000 | 55,000,000 | 53,000,000 | 50,000,000 | 55,000,000 | 38,750,000 | 52,000,000 | 49,000,000 | 54,000,000 | 41,500,000 | 54,000,000 | 56,000,000 | 56,000,000 | 36,000,000 | 50,000,000 | 45,000,000 | 49,000,000 | |||||||||||||||||
total operating revenues | 254,500,000 | 367,000,000 | 350,000,000 | 301,000,000 | 266,000,000 | 302,000,000 | 362,000,000 | 281,000,000 | 231,000,000 | 252,000,000 | 253,000,000 | 246,000,000 | 212,000,000 | 240,000,000 | 253,000,000 | 212,000,000 | 206,000,000 | 253,000,000 | 219,000,000 | 177,000,000 | 156,000,000 | 178,000,000 | 225,000,000 | 212,000,000 | 244,000,000 | 177,000,000 | 204,000,000 | 175,000,000 | |||||||||||||||||
net income attributable to nextera energy partners, lp | 112,000,000 | 53,000,000 | 49,000,000 | -14,000,000 | 34,000,000 | 79,000,000 | 219,000,000 | 144,000,000 | -9,000,000 | 18,000,000 | -74,000,000 | 202,000,000 | 64,000,000 | 56,000,000 | 47,000,000 | -222,000,000 | 34,000,000 | -72,000,000 | -28,000,000 | -22,000,000 | -22,000,000 | 33,000,000 | 83,000,000 | 73,000,000 | -91,000,000 | 1,000,000 | 13,000,000 | 12,000,000 | 42,000,000 | 27,000,000 | 8,000,000 | 5,000,000 | 4,000,000 | 1,000,000 | 4,000,000 | 2,000,000 | |||||||||
earnings per common unit attributable to nextera energy partners, lp – basic | 240,000 | 570,000 | 530,000 | -170,000 | 370,000 | 930,000 | 2,610,000 | 1,720,000 | -150,000 | 240,000 | -960,000 | 2,660,000 | |||||||||||||||||||||||||||||||||
earnings per common unit attributable to nextera energy partners, lp – assuming dilution | 240,000 | 570,000 | 530,000 | -170,000 | 370,000 | 930,000 | 2,610,000 | 1,720,000 | -150,000 | 240,000 | -960,000 | 2,660,000 | |||||||||||||||||||||||||||||||||
total other income – net | 266,250,000 | 228,000,000 | |||||||||||||||||||||||||||||||||||||||||||
net income attributable to preferred distributions | -1,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -6,000,000 | -6,000,000 | -7,000,000 | -6,000,000 | -6,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||
total operating expenses - net | 166,000,000 | 172,000,000 | 164,000,000 | 163,000,000 | 114,750,000 | 165,000,000 | 143,000,000 | 50,500,000 | 119,000,000 | -40,000,000 | |||||||||||||||||||||||||||||||||||
other - net | 1,000,000 | 4,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 8,000,000 | 1,000,000 | 11,000,000 | 2,000,000 | -1,000,000 | 2,000,000 | 16,000,000 | -3,000,000 | -6,000,000 | -4,000,000 | -1,000,000 | 1,000,000 | |||||||||||||||||||||||||||
total other income (deductions) - net | -160,500,000 | 152,000,000 | 51,000,000 | -178,250,000 | -349,000,000 | -201,000,000 | -155,000,000 | 66,000,000 | 10,000,000 | -92,000,000 | 35,000,000 | -15,000,000 | -29,000,000 | -23,000,000 | 179,000,000 | 73,000,000 | |||||||||||||||||||||||||||||
earnings per common unit attributable to nextera energy partners, lp - basic | 990,000 | 830,000 | 710,000 | 610,000 | -1,210,000 | -490,000 | -380,000 | -420,000 | 600,000 | 1,530,000 | 1,350,000 | ||||||||||||||||||||||||||||||||||
earnings per common unit attributable to nextera energy partners, lp - assuming dilution | 990,000 | 760,000 | 690,000 | 610,000 | -1,210,000 | -490,000 | -380,000 | -340,000 | 580,000 | 1,430,000 | 1,210,000 | ||||||||||||||||||||||||||||||||||
equity in losses of non-economic ownership interests | -23,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
total other deductions - net | -844,000,000 | -162,000,000 | -56,000,000 | -90,000,000 | -40,000,000 | -29,000,000 | -22,000,000 | -21,000,000 | |||||||||||||||||||||||||||||||||||||
loss per common unit attributable to nextera energy partners, lp - basic | -3,390,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss per common unit attributable to nextera energy partners, lp - assuming dilution | -3,390,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of canadian holdings | -158,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -8,750,000 | -18,000,000 | -7,000,000 | 3,250,000 | 15,000,000 | -21,000,000 | 8,000,000 | 13,000,000 | 9,000,000 | 8,000,000 | -9,000,000 | ||||||||||||||||||||||||||||||||||
net loss attributable to noncontrolling interests | 95,000,000 | 173,000,000 | 102,000,000 | 105,000,000 | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||
weighted-average number of common units outstanding - basic | 59,900,000 | 56,200,000 | 56,100,000 | 54,900,000 | 54,900,000 | 54,300,000 | 54,300,000 | ||||||||||||||||||||||||||||||||||||||
weighted-average number of common units outstanding - assuming dilution | 75,800,000 | 75,800,000 | 75,800,000 | 74,600,000 | 74,600,000 | 74,000,000 | 74,000,000 | ||||||||||||||||||||||||||||||||||||||
total operating expenses (income) - net | 152,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of equity method investee | 2,000,000 | 23,000,000 | 13,000,000 | 3,000,000 | 22,000,000 | 11,000,000 | 7,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||
loss on disposal of canadian holdings | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
benefits associated with differential membership interests - net | 59,000,000 | 15,000,000 | 22,000,000 | 19,000,000 | 14,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 5,000,000 | 3,000,000 | 5,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||
distributions per common unit | 315,625 | 437,500 | 420,000 | 405,000 | 274,375 | 380,000 | 365,000 | 352,500 | 239,075 | 330,000 | 318,800 | 307,500 | |||||||||||||||||||||||||||||||||
total operating expenses | 122,000,000 | 167,000,000 | 111,000,000 | 116,000,000 | 102,000,000 | 118,000,000 | 107,000,000 | 96,000,000 | 92,000,000 | 90,000,000 | 57,000,000 | 57,000,000 | 43,000,000 | 37,000,000 | 37,000,000 | ||||||||||||||||||||||||||||||
revaluation of contingent consideration | 71,000,000 | 101,000,000 | |||||||||||||||||||||||||||||||||||||||||||
less net income attributable to noncontrolling interest | 65,000,000 | 37,000,000 | 37,000,000 | 30,000,000 | 154,000,000 | 100,000,000 | 20,000,000 | -19,000,000 | 30,000,000 | 13,000,000 | 19,000,000 | 7,000,000 | 1,000,000 | 21,000,000 | |||||||||||||||||||||||||||||||
weighted-average number of common units outstanding - basic and assuming dilution | 54,200,000 | 54,300,000 | 54,300,000 | 54,200,000 | 43,800,000 | 44,300,000 | 42,100,000 | 34,500,000 | 22,800,000 | 22,600,000 | 20,100,000 | 18,700,000 | 18,700,000 | 18,700,000 | |||||||||||||||||||||||||||||||
earnings per common unit attributable to nextera energy partners, lp - basic and assuming dilution | -1,670,000 | 10,000 | 240,000 | 220,000 | 890,000 | 620,000 | 190,000 | 140,000 | 180,000 | 50,000 | 160,000 | 80,000 | -10,000 | 170,000 | |||||||||||||||||||||||||||||||
operations and maintenance - related party | 10,250,000 | 17,000,000 | 14,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||
equity in losses of equity method investees | -5,000,000 | -7,000,000 | -13,000,000 | ||||||||||||||||||||||||||||||||||||||||||
transmission | 500,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||
less net income prior to initial public offering for nep's initial portfolio | |||||||||||||||||||||||||||||||||||||||||||||
gain on settlement of contingent consideration of project acquisition | |||||||||||||||||||||||||||||||||||||||||||||
total other deductions—net | -25,000,000 | -26,000,000 | |||||||||||||||||||||||||||||||||||||||||||
less predecessor net income prior to initial public offering on july 1, 2014 | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income subsequent to initial public offering | 1,000,000 | 24,000,000 | |||||||||||||||||||||||||||||||||||||||||||
net income attributable to nextera energy partners, lp subsequent to initial public offering | 3,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 943,000,000 | 960,000,000 | 711,000,000 | 880,000,000 | 1,530,000,000 | 283,000,000 | 290,000,000 | 281,000,000 | 245,000,000 | 274,000,000 | 332,000,000 | 587,000,000 | 238,000,000 | 235,000,000 | 225,000,000 | 256,000,000 | 168,000,000 | 147,000,000 | 133,000,000 | 113,000,000 | 110,000,000 | 108,000,000 | 95,000,000 | 96,000,000 | 115,000,000 | 128,000,000 | 195,000,000 | 163,000,000 | 127,000,000 | 147,000,000 | 76,000,000 | 654,000,000 | 164,000,000 | 154,000,000 | 135,000,000 | 128,000,000 | 82,000,000 | 147,000,000 | 133,000,000 | 244,000,000 | 133,000,000 | 161,000,000 | 696,000,000 | 100,000,000 | 52,000,000 | 97,000,000 | 107,095,000 |
accounts receivable | 130,000,000 | 102,000,000 | 109,000,000 | 148,000,000 | 128,000,000 | 105,000,000 | 116,000,000 | 151,000,000 | 133,000,000 | 114,000,000 | 139,000,000 | 152,000,000 | 141,000,000 | 137,000,000 | 127,000,000 | 157,000,000 | 143,000,000 | 112,000,000 | 108,000,000 | 98,000,000 | 101,000,000 | 83,000,000 | 89,000,000 | 113,000,000 | 90,000,000 | 79,000,000 | 102,000,000 | 101,000,000 | 71,000,000 | 80,000,000 | 73,000,000 | 86,000,000 | 72,000,000 | 85,000,000 | 83,000,000 | 97,000,000 | 89,000,000 | 80,000,000 | 91,000,000 | 92,000,000 | 92,000,000 | 72,000,000 | 48,000,000 | 51,000,000 | 33,000,000 | 25,000,000 | 63,039,000 |
other receivables | 89,000,000 | 93,000,000 | 95,000,000 | 90,000,000 | 72,000,000 | 86,000,000 | 94,000,000 | 87,000,000 | 70,000,000 | 64,000,000 | 62,000,000 | 52,000,000 | 38,000,000 | 41,000,000 | 41,000,000 | 38,000,000 | 30,000,000 | 24,000,000 | 14,000,000 | 102,000,000 | 156,000,000 | 155,000,000 | 166,000,000 | 165,000,000 | 160,000,000 | 173,000,000 | 169,000,000 | 164,000,000 | 23,000,000 | ||||||||||||||||||
due from related parties | 60,000,000 | 43,000,000 | 68,000,000 | 93,000,000 | 127,000,000 | 148,000,000 | 105,000,000 | 731,000,000 | 1,506,000,000 | 1,575,000,000 | 333,000,000 | 420,000,000 | 751,000,000 | 1,131,000,000 | 217,000,000 | 848,000,000 | 692,000,000 | 1,061,000,000 | 322,000,000 | 1,116,000,000 | 122,000,000 | 28,000,000 | 89,000,000 | 64,000,000 | 68,000,000 | 17,000,000 | 527,000,000 | 738,000,000 | 43,000,000 | 68,000,000 | 809,000,000 | 138,000,000 | 91,000,000 | 88,000,000 | 370,000,000 | 75,000,000 | 99,000,000 | 67,000,000 | 349,000,000 | 74,000,000 | 87,000,000 | 70,000,000 | 34,000,000 | 38,000,000 | 51,000,000 | 212,000,000 | |
inventory | 107,000,000 | 103,000,000 | 100,000,000 | 100,000,000 | 104,000,000 | 108,000,000 | 102,000,000 | 93,000,000 | 88,000,000 | 82,000,000 | 78,000,000 | 71,000,000 | 59,000,000 | 51,000,000 | 46,000,000 | 45,000,000 | 44,000,000 | 41,000,000 | 32,000,000 | 28,000,000 | 24,000,000 | 24,000,000 | 25,000,000 | 25,000,000 | |||||||||||||||||||||||
other | 99,000,000 | 121,000,000 | 131,000,000 | 145,000,000 | 118,000,000 | 130,000,000 | 145,000,000 | 157,000,000 | 141,000,000 | 107,000,000 | 96,000,000 | 94,000,000 | 76,000,000 | 202,000,000 | 88,000,000 | 62,000,000 | 205,000,000 | 25,000,000 | 26,000,000 | 12,000,000 | 16,000,000 | 16,000,000 | |||||||||||||||||||||||||
total current assets | 1,428,000,000 | 1,422,000,000 | 1,214,000,000 | 1,456,000,000 | 2,079,000,000 | 860,000,000 | 852,000,000 | 1,500,000,000 | 2,183,000,000 | 2,216,000,000 | 1,122,000,000 | 1,447,000,000 | 1,365,000,000 | 1,862,000,000 | 799,000,000 | 1,439,000,000 | 1,282,000,000 | 1,410,000,000 | 635,000,000 | 1,469,000,000 | 529,000,000 | 414,000,000 | 480,000,000 | 471,000,000 | 472,000,000 | 433,000,000 | 1,032,000,000 | 1,199,000,000 | 306,000,000 | 340,000,000 | 1,009,000,000 | 941,000,000 | 1,290,000,000 | 398,000,000 | 662,000,000 | 361,000,000 | 333,000,000 | 355,000,000 | 628,000,000 | 460,000,000 | 380,000,000 | 342,000,000 | 811,000,000 | 225,000,000 | 172,000,000 | 370,000,000 | 524,163,000 |
other assets: | |||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment – net | 15,291,000,000 | 15,366,000,000 | 15,050,000,000 | 14,871,000,000 | 14,783,000,000 | 14,555,000,000 | 14,614,000,000 | 14,643,000,000 | 14,732,000,000 | 14,837,000,000 | 15,693,000,000 | 15,829,000,000 | 15,176,000,000 | 14,949,000,000 | 11,443,000,000 | 11,087,000,000 | 11,227,000,000 | 11,417,000,000 | 7,159,000,000 | 7,027,000,000 | 7,103,000,000 | ||||||||||||||||||||||||||
intangible assets – ppas – net | 1,607,000,000 | 1,648,000,000 | 1,691,000,000 | 1,733,000,000 | 1,775,000,000 | 1,817,000,000 | 1,860,000,000 | 1,902,000,000 | 1,945,000,000 | 1,987,000,000 | 2,029,000,000 | 2,064,000,000 | 1,968,000,000 | 2,010,000,000 | 2,061,000,000 | 2,101,000,000 | 2,142,000,000 | 2,175,000,000 | 1,917,000,000 | 1,515,000,000 | 1,546,000,000 | ||||||||||||||||||||||||||
investments in equity method investees | 615,000,000 | 625,000,000 | 638,000,000 | 1,753,000,000 | 1,754,000,000 | 1,784,000,000 | 1,856,000,000 | 1,850,000,000 | 1,840,000,000 | 1,853,000,000 | 2,038,000,000 | 1,960,000,000 | 1,927,000,000 | 1,917,000,000 | 1,928,000,000 | 1,921,000,000 | 1,903,000,000 | 1,896,000,000 | 1,848,000,000 | 1,839,000,000 | 1,830,000,000 | 1,814,000,000 | 1,617,000,000 | 1,653,000,000 | 1,640,000,000 | 1,653,000,000 | 350,000,000 | 319,000,000 | 10,000,000 | 9,000,000 | 17,000,000 | ||||||||||||||||
total other assets | 18,085,000,000 | 18,173,000,000 | 17,911,000,000 | 19,040,000,000 | 19,323,000,000 | 19,432,000,000 | 20,052,000,000 | 20,204,000,000 | 20,153,000,000 | 20,295,000,000 | 22,091,000,000 | 22,119,000,000 | 21,282,000,000 | 21,190,000,000 | 17,668,000,000 | 17,172,000,000 | 17,330,000,000 | 17,566,000,000 | 12,810,000,000 | 12,092,000,000 | 12,037,000,000 | 12,148,000,000 | |||||||||||||||||||||||||
total assets | 19,513,000,000 | 19,595,000,000 | 19,125,000,000 | 20,496,000,000 | 21,402,000,000 | 20,292,000,000 | 20,904,000,000 | 21,704,000,000 | 22,336,000,000 | 22,511,000,000 | 23,213,000,000 | 23,566,000,000 | 22,647,000,000 | 23,052,000,000 | 18,467,000,000 | 18,611,000,000 | 18,612,000,000 | 18,976,000,000 | 13,445,000,000 | 13,561,000,000 | 12,566,000,000 | 12,562,000,000 | 12,332,000,000 | 12,285,000,000 | 12,321,000,000 | 12,256,000,000 | 11,595,000,000 | 11,768,000,000 | 9,293,000,000 | 9,405,000,000 | 7,850,000,000 | 7,794,000,000 | 8,286,000,000 | 8,395,000,000 | 7,782,000,000 | 7,479,000,000 | 7,092,000,000 | 7,150,000,000 | 7,369,000,000 | 6,736,000,000 | 6,700,000,000 | 6,092,000,000 | 4,217,000,000 | 3,719,000,000 | 2,928,000,000 | 2,727,000,000 | 2,876,452,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 51,000,000 | 58,000,000 | 57,000,000 | 60,000,000 | 63,000,000 | 65,000,000 | 71,000,000 | 59,000,000 | 72,000,000 | 72,000,000 | 280,000,000 | 432,000,000 | 774,000,000 | 868,000,000 | 179,000,000 | 362,000,000 | 595,000,000 | 982,000,000 | 23,000,000 | 87,000,000 | 137,000,000 | 143,000,000 | 179,000,000 | 133,000,000 | 144,000,000 | 122,000,000 | 113,000,000 | 111,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 10,000,000 | 26,000,000 | 19,000,000 | 21,000,000 | 18,000,000 | 19,000,000 | 15,000,000 | 17,000,000 | 28,000,000 | 35,000,000 | 17,000,000 | 18,000,000 | 23,000,000 | 15,000,000 | 37,517,000 |
due to related parties | 559,000,000 | 498,000,000 | 370,000,000 | 598,000,000 | 415,000,000 | 159,000,000 | 106,000,000 | 79,000,000 | 61,000,000 | 87,000,000 | 66,000,000 | 44,000,000 | 53,000,000 | 92,000,000 | 80,000,000 | 77,000,000 | 77,000,000 | 104,000,000 | 48,000,000 | 61,000,000 | 68,000,000 | 66,000,000 | 66,000,000 | 68,000,000 | 62,000,000 | 58,000,000 | 58,000,000 | 59,000,000 | 46,000,000 | 45,000,000 | 42,000,000 | 43,000,000 | 39,000,000 | 45,000,000 | 13,000,000 | 14,000,000 | 17,000,000 | 19,000,000 | 29,000,000 | 32,000,000 | 16,000,000 | 16,000,000 | 14,000,000 | 24,000,000 | 23,000,000 | 31,000,000 | 32,837,000 |
current portion of long-term debt | 617,000,000 | 762,000,000 | 999,000,000 | 1,026,000,000 | 519,000,000 | 705,000,000 | 100,000,000 | 850,000,000 | 1,349,000,000 | 1,348,000,000 | 1,342,000,000 | 573,000,000 | 50,000,000 | 38,000,000 | 37,000,000 | 512,000,000 | 36,000,000 | 33,000,000 | 14,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 379,000,000 | 599,000,000 | 694,000,000 | 707,000,000 | |||||||||||||||||
accrued interest | 62,000,000 | 103,000,000 | 50,000,000 | 88,000,000 | 35,000,000 | 46,000,000 | 34,000,000 | 64,000,000 | 45,000,000 | 38,000,000 | 34,000,000 | 31,000,000 | 21,000,000 | 28,000,000 | 17,000,000 | 26,000,000 | 17,000,000 | 26,000,000 | 17,000,000 | 26,000,000 | 17,000,000 | 25,000,000 | 20,000,000 | 35,000,000 | 24,000,000 | 40,000,000 | 19,000,000 | 31,000,000 | 13,000,000 | 31,000,000 | 13,000,000 | 31,000,000 | 13,000,000 | 39,000,000 | 16,000,000 | 26,000,000 | 15,000,000 | 25,000,000 | 20,000,000 | 29,000,000 | 20,000,000 | 28,000,000 | 13,000,000 | 25,000,000 | 12,000,000 | 21,000,000 | 22,130,000 |
accrued property taxes | 21,000,000 | 29,000,000 | 37,000,000 | 30,000,000 | 20,000,000 | 32,000,000 | 36,000,000 | 28,000,000 | 22,000,000 | 43,000,000 | 45,000,000 | 33,000,000 | 19,000,000 | 31,000,000 | 34,000,000 | 27,000,000 | 17,000,000 | 25,000,000 | 24,000,000 | 18,000,000 | 12,000,000 | 22,000,000 | 21,000,000 | 15,000,000 | 11,000,000 | 21,000,000 | 18,000,000 | 15,000,000 | 8,000,000 | 19,000,000 | |||||||||||||||||
total current liabilities | 1,400,000,000 | 1,568,000,000 | 1,624,000,000 | 1,895,000,000 | 1,125,000,000 | 1,087,000,000 | 422,000,000 | 1,150,000,000 | 1,604,000,000 | 1,671,000,000 | 1,840,000,000 | 1,184,000,000 | 983,000,000 | 1,326,000,000 | 419,000,000 | 1,074,000,000 | 800,000,000 | 1,261,000,000 | 201,000,000 | 271,000,000 | 316,000,000 | 350,000,000 | 363,000,000 | 323,000,000 | 304,000,000 | 301,000,000 | 645,000,000 | 872,000,000 | 811,000,000 | 859,000,000 | 182,000,000 | 205,000,000 | 992,000,000 | 276,000,000 | 207,000,000 | 203,000,000 | 182,000,000 | 397,000,000 | 459,000,000 | 572,000,000 | 408,000,000 | 241,000,000 | 169,000,000 | 501,000,000 | 151,000,000 | 163,000,000 | 501,897,000 |
other liabilities and deferred credits: | |||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 5,711,000,000 | 5,440,000,000 | 4,861,000,000 | 5,608,000,000 | 5,986,000,000 | 4,609,000,000 | 5,074,000,000 | 4,924,000,000 | 4,942,000,000 | 4,941,000,000 | 5,139,000,000 | 5,918,000,000 | 5,295,000,000 | 5,250,000,000 | 4,774,000,000 | 4,782,000,000 | 5,378,000,000 | 5,294,000,000 | 3,969,000,000 | 3,961,000,000 | 3,541,000,000 | 3,376,000,000 | 3,890,000,000 | 4,182,000,000 | 4,179,000,000 | 4,132,000,000 | 3,719,000,000 | 3,676,000,000 | 2,719,000,000 | 2,728,000,000 | 3,491,000,000 | 3,509,000,000 | 3,518,000,000 | 4,218,000,000 | 4,237,000,000 | 3,926,000,000 | 3,681,000,000 | 3,508,000,000 | 3,586,000,000 | 3,497,000,000 | 3,429,000,000 | 3,334,000,000 | 1,824,000,000 | 1,869,000,000 | 1,802,000,000 | 1,758,000,000 | 1,839,241,000 |
asset retirement obligations | 377,000,000 | 373,000,000 | 371,000,000 | 375,000,000 | 371,000,000 | 366,000,000 | 360,000,000 | 340,000,000 | 335,000,000 | 331,000,000 | 327,000,000 | 324,000,000 | 307,000,000 | 299,000,000 | 269,000,000 | 261,000,000 | |||||||||||||||||||||||||||||||
intangible liabilities – ppas – net | 1,012,000,000 | 1,034,000,000 | 1,055,000,000 | 1,077,000,000 | 1,099,000,000 | 1,121,000,000 | 1,143,000,000 | 1,165,000,000 | 1,186,000,000 | 1,210,000,000 | 1,232,000,000 | 1,242,000,000 | 1,234,000,000 | 1,153,000,000 | |||||||||||||||||||||||||||||||||
total other liabilities and deferred credits | 7,380,000,000 | 7,128,000,000 | 6,524,000,000 | 7,330,000,000 | 7,723,000,000 | 6,339,000,000 | 6,878,000,000 | 6,689,000,000 | 6,754,000,000 | 6,783,000,000 | 6,963,000,000 | 7,749,000,000 | 7,085,000,000 | 6,954,000,000 | 5,459,000,000 | 5,461,000,000 | 6,436,000,000 | 6,556,000,000 | 4,839,000,000 | 4,835,000,000 | 4,129,000,000 | 4,505,000,000 | |||||||||||||||||||||||||
total liabilities | 8,780,000,000 | 8,696,000,000 | 8,148,000,000 | 9,225,000,000 | 8,848,000,000 | 7,426,000,000 | 7,300,000,000 | 7,839,000,000 | 8,358,000,000 | 8,454,000,000 | 8,803,000,000 | 8,933,000,000 | 8,068,000,000 | 8,280,000,000 | 5,878,000,000 | 6,535,000,000 | 7,236,000,000 | 7,817,000,000 | 5,040,000,000 | 5,106,000,000 | 4,445,000,000 | 4,855,000,000 | 5,609,000,000 | 6,002,000,000 | 6,042,000,000 | 5,190,000,000 | 5,419,000,000 | 5,268,000,000 | 3,948,000,000 | 3,867,000,000 | 3,818,000,000 | 3,905,000,000 | 4,721,000,000 | 6,187,000,000 | 5,706,000,000 | 5,374,000,000 | 4,935,000,000 | 4,981,000,000 | 5,200,000,000 | 4,966,000,000 | 4,921,000,000 | 4,530,000,000 | 2,536,000,000 | 2,915,000,000 | 2,316,000,000 | 2,016,000,000 | 2,398,228,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||||||||||||
common units | 3,208,000,000 | 3,195,000,000 | 3,162,000,000 | 3,200,000,000 | 3,123,000,000 | 3,221,000,000 | 3,419,000,000 | 3,547,000,000 | 3,564,000,000 | 3,576,000,000 | 3,540,000,000 | 3,565,000,000 | 3,414,000,000 | 3,332,000,000 | 3,420,000,000 | 3,228,000,000 | 3,070,000,000 | 2,985,000,000 | 2,329,000,000 | 2,363,000,000 | 2,460,000,000 | 2,362,000,000 | 2,194,000,000 | 1,759,000,000 | 1,750,000,000 | 2,008,000,000 | 1,803,000,000 | 1,704,000,000 | 1,757,000,000 | 1,804,000,000 | 1,845,000,000 | 1,757,000,000 | 1,699,000,000 | 1,639,000,000 | |||||||||||||
accumulated other comprehensive loss | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -6,000,000 | -6,000,000 | -6,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -7,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -8,000,000 | -1,000,000 | -2,000,000 | -3,000,000 | -4,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -7,000,000 | -3,000,000 | -6,000,000 | -3,000,000 | -25,558,000 | ||||||
noncontrolling interests | 7,530,000,000 | 7,709,000,000 | 7,820,000,000 | 8,077,000,000 | 9,437,000,000 | 9,651,000,000 | 10,191,000,000 | 10,325,000,000 | 10,421,000,000 | 10,488,000,000 | 10,877,000,000 | 10,970,000,000 | 11,069,000,000 | 11,346,000,000 | 9,151,000,000 | 8,739,000,000 | 8,194,000,000 | 7,861,000,000 | 6,084,000,000 | 6,100,000,000 | 5,669,000,000 | 5,353,000,000 | 4,425,000,000 | 4,349,000,000 | 4,354,000,000 | 4,883,000,000 | 4,016,000,000 | 4,256,000,000 | 3,048,000,000 | 3,192,000,000 | 1,644,000,000 | 1,582,000,000 | 1,317,000,000 | ||||||||||||||
total equity | 10,733,000,000 | 10,899,000,000 | 10,977,000,000 | 11,271,000,000 | 12,554,000,000 | 12,866,000,000 | 13,604,000,000 | 13,865,000,000 | 13,978,000,000 | 14,057,000,000 | 14,410,000,000 | 14,528,000,000 | 14,476,000,000 | 14,671,000,000 | 12,563,000,000 | 11,959,000,000 | 11,256,000,000 | 10,838,000,000 | 8,405,000,000 | 8,455,000,000 | 8,121,000,000 | 7,707,000,000 | 6,723,000,000 | 6,283,000,000 | 6,279,000,000 | 7,066,000,000 | 6,176,000,000 | 6,500,000,000 | 5,345,000,000 | 5,538,000,000 | 4,032,000,000 | 3,889,000,000 | 3,565,000,000 | 2,208,000,000 | 2,076,000,000 | 2,105,000,000 | 2,157,000,000 | 2,169,000,000 | 2,169,000,000 | 1,770,000,000 | 1,779,000,000 | 1,562,000,000 | 1,681,000,000 | 804,000,000 | 612,000,000 | 711,000,000 | |
total liabilities and equity | 19,513,000,000 | 19,595,000,000 | 19,125,000,000 | 20,496,000,000 | 21,402,000,000 | 20,292,000,000 | 20,904,000,000 | 21,704,000,000 | 22,336,000,000 | 13,445,000,000 | 13,561,000,000 | 12,566,000,000 | 12,562,000,000 | 12,332,000,000 | 12,285,000,000 | 12,321,000,000 | 12,256,000,000 | 11,595,000,000 | 11,768,000,000 | 9,293,000,000 | 9,405,000,000 | 7,850,000,000 | 7,794,000,000 | 8,286,000,000 | 8,395,000,000 | 7,782,000,000 | 7,479,000,000 | 7,092,000,000 | 7,150,000,000 | 7,369,000,000 | 6,736,000,000 | 6,700,000,000 | 6,092,000,000 | 4,217,000,000 | 3,719,000,000 | 2,928,000,000 | 2,727,000,000 | ||||||||||
goodwill | 253,000,000 | 828,000,000 | 833,000,000 | 833,000,000 | 833,000,000 | 913,000,000 | 898,000,000 | 891,000,000 | 891,000,000 | 891,000,000 | 891,000,000 | 879,000,000 | 891,000,000 | 786,000,000 | 609,000,000 | 609,000,000 | 609,000,000 | 609,000,000 | 609,000,000 | 609,000,000 | 609,000,000 | 609,000,000 | 598,000,000 | 584,000,000 | 584,000,000 | 584,000,000 | 584,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 628,000,000 | 622,000,000 | ||||||||||
assets held for sale | 913,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable noncontrolling interests and equity | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities associated with assets held for sale | 824,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 105,000,000 | 103,000,000 | 101,000,000 | 26,000,000 | 117,000,000 | 120,000,000 | 321,000,000 | ||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests and equity | 22,511,000,000 | 23,213,000,000 | 23,566,000,000 | 22,647,000,000 | 23,052,000,000 | 18,467,000,000 | 18,611,000,000 | 18,612,000,000 | 18,976,000,000 | ||||||||||||||||||||||||||||||||||||||
derivatives | 82,000,000 | 71,000,000 | 62,000,000 | 65,000,000 | 55,000,000 | 33,000,000 | 11,000,000 | 26,000,000 | 23,000,000 | 22,000,000 | 21,000,000 | 20,000,000 | 19,000,000 | 18,000,000 | 1,199,000,000 | 417,000,000 | 679,000,000 | 371,000,000 | 217,000,000 | 4,000,000 | 11,000,000 | 15,000,000 | 16,000,000 | 17,000,000 | 18,000,000 | 21,000,000 | 24,000,000 | 24,000,000 | 22,000,000 | ||||||||||||||||||
intangible assets – customer relationships – net | 514,000,000 | 519,000,000 | 522,000,000 | 526,000,000 | 530,000,000 | 534,000,000 | 538,000,000 | 593,000,000 | 598,000,000 | 602,000,000 | 606,000,000 | ||||||||||||||||||||||||||||||||||||
deferred income taxes | 232,000,000 | 259,000,000 | 242,000,000 | 195,000,000 | 187,000,000 | 198,000,000 | 274,000,000 | 322,000,000 | 213,000,000 | 221,000,000 | 190,000,000 | 249,000,000 | 258,000,000 | 233,000,000 | 244,000,000 | 172,000,000 | 160,000,000 | 123,000,000 | 114,000,000 | 108,000,000 | 99,000,000 | 109,000,000 | 152,000,000 | 181,000,000 | 242,000,000 | 254,000,000 | 253,000,000 | 255,000,000 | 261,000,000 | 220,000,000 | 224,000,000 | 161,000,000 | 151,000,000 | 154,000,000 | 130,000,000 | 124,000,000 | 32,955,000 | ||||||||||
asset retirement obligation | 258,000,000 | 243,000,000 | 156,000,000 | 142,000,000 | 140,000,000 | 144,000,000 | 144,000,000 | 142,000,000 | 141,000,000 | 139,000,000 | 138,000,000 | 135,000,000 | 97,000,000 | 95,000,000 | 70,000,000 | 69,000,000 | 68,000,000 | 81,000,000 | 73,000,000 | 71,000,000 | 66,000,000 | 65,000,000 | 49,000,000 | 37,000,000 | 37,000,000 | 32,000,000 | 29,000,000 | 29,000,000 | 20,000,000 | 17,000,000 | 16,249,000 | ||||||||||||||||
property, plant and equipment - net | 7,163,000,000 | 7,047,000,000 | 6,971,000,000 | 6,972,000,000 | 6,970,000,000 | 6,982,000,000 | 7,071,000,000 | 6,713,000,000 | 6,770,000,000 | 5,132,000,000 | 5,174,000,000 | 5,239,000,000 | 6,197,000,000 | 5,393,000,000 | 5,393,000,000 | 5,029,000,000 | 5,051,000,000 | 5,098,000,000 | 4,677,000,000 | 4,707,000,000 | 4,197,000,000 | 3,145,000,000 | 3,199,000,000 | 2,495,000,000 | |||||||||||||||||||||||
intangible assets – ppas - net | 1,572,000,000 | 1,577,000,000 | 1,603,000,000 | 1,629,000,000 | 1,681,000,000 | 1,676,000,000 | 608,000,000 | ||||||||||||||||||||||||||||||||||||||||
intangible assets – customer relationships - net | 610,000,000 | 614,000,000 | 619,000,000 | 623,000,000 | 631,000,000 | 635,000,000 | 640,000,000 | 648,000,000 | 653,000,000 | 657,000,000 | |||||||||||||||||||||||||||||||||||||
preferred units | 112,000,000 | 183,000,000 | 183,000,000 | 183,000,000 | 365,000,000 | 548,000,000 | 548,000,000 | 548,000,000 | 548,000,000 | 548,000,000 | 548,000,000 | 548,000,000 | |||||||||||||||||||||||||||||||||||
other current assets | 16,000,000 | 8,000,000 | 39,000,000 | 36,000,000 | 39,000,000 | 29,000,000 | 36,000,000 | 37,000,000 | 36,000,000 | 49,000,000 | 38,000,000 | 46,000,000 | 42,000,000 | 28,000,000 | 29,000,000 | 28,000,000 | 22,000,000 | 19,000,000 | 15,000,000 | 17,000,000 | 13,000,000 | 11,000,000 | 10,000,000 | 8,000,000 | 7,863,000 | ||||||||||||||||||||||
non-current assets: | |||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | 130,000,000 | 126,000,000 | 132,000,000 | 137,000,000 | 150,000,000 | 144,000,000 | 111,000,000 | 108,000,000 | 113,000,000 | 99,000,000 | 94,000,000 | 101,000,000 | 73,000,000 | 69,000,000 | 76,000,000 | 78,000,000 | 61,000,000 | 55,000,000 | 53,000,000 | 49,000,000 | 90,000,000 | 95,000,000 | 81,000,000 | 63,000,000 | 67,487,000 | ||||||||||||||||||||||
total non-current assets | 11,852,000,000 | 11,814,000,000 | 11,849,000,000 | 11,823,000,000 | 10,563,000,000 | 10,569,000,000 | 8,987,000,000 | 9,065,000,000 | 6,841,000,000 | 6,853,000,000 | 6,996,000,000 | 7,997,000,000 | 7,120,000,000 | 7,118,000,000 | 6,759,000,000 | 6,795,000,000 | 6,741,000,000 | 6,276,000,000 | 6,320,000,000 | 5,750,000,000 | 3,406,000,000 | 3,494,000,000 | 2,756,000,000 | 2,357,000,000 | 2,352,289,000 | ||||||||||||||||||||||
other current liabilities | 45,000,000 | 41,000,000 | 50,000,000 | 48,000,000 | 58,000,000 | 57,000,000 | 39,000,000 | 47,000,000 | 53,000,000 | 59,000,000 | 40,000,000 | 56,000,000 | 46,000,000 | 37,000,000 | 28,000,000 | 39,000,000 | 29,000,000 | 24,000,000 | 17,000,000 | 27,000,000 | 27,000,000 | 20,000,000 | 15,000,000 | 18,000,000 | 13,376,000 | ||||||||||||||||||||||
non-current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
non-current due to related party | 34,000,000 | 35,000,000 | 34,000,000 | 34,000,000 | 68,000,000 | 57,000,000 | 58,000,000 | 34,000,000 | 21,000,000 | 21,000,000 | 22,000,000 | 21,000,000 | 22,000,000 | 22,000,000 | 22,000,000 | 22,000,000 | 21,000,000 | 19,000,000 | 20,000,000 | 18,000,000 | 18,000,000 | 16,000,000 | 16,000,000 | ||||||||||||||||||||||||
other non-current liabilities | 177,000,000 | 184,000,000 | 185,000,000 | 167,000,000 | 170,000,000 | 147,000,000 | 34,000,000 | 139,000,000 | 44,000,000 | 96,000,000 | 116,000,000 | 86,000,000 | 85,000,000 | 72,000,000 | 66,000,000 | 67,000,000 | 151,000,000 | 156,000,000 | 121,000,000 | 81,000,000 | 25,000,000 | 23,000,000 | 26,000,000 | 22,000,000 | 40,841,000 | ||||||||||||||||||||||
total non-current liabilities | 5,246,000,000 | 5,679,000,000 | 5,738,000,000 | 4,889,000,000 | 4,774,000,000 | 4,396,000,000 | 3,137,000,000 | 3,008,000,000 | 3,636,000,000 | 3,700,000,000 | 3,729,000,000 | 5,911,000,000 | 5,499,000,000 | 5,171,000,000 | 4,753,000,000 | 4,584,000,000 | 4,741,000,000 | 4,394,000,000 | 4,513,000,000 | 4,289,000,000 | 2,367,000,000 | 2,414,000,000 | 2,165,000,000 | 1,853,000,000 | 1,896,331,000 | ||||||||||||||||||||||
intangible assets - ppas - net | 1,655,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
intangible assets - customer relationships - net | 627,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 4,000,000 | 6,000,000 | 8,000,000 | 15,000,000 | 14,000,000 | 12,000,000 | 25,000,000 | 32,000,000 | 33,000,000 | 34,000,000 | 33,000,000 | 33,000,000 | 31,000,000 | 49,000,000 | 16,000,000 | 16,000,000 | 23,000,000 | 23,000,000 | 25,000,000 | 344,583,000 | |||||||||||||||||||||||||||
investments in non-economic ownership interests | 3,000,000 | 7,000,000 | 20,000,000 | 30,000,000 | 18,000,000 | 11,000,000 | 11,000,000 | 21,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | ||||||||||||||||||||||||||||||||||||
investment in equity method investee | 210,000,000 | 214,000,000 | 235,000,000 | 216,000,000 | 215,000,000 | 218,000,000 | 98,000,000 | 92,000,000 | 88,000,000 | 93,000,000 | |||||||||||||||||||||||||||||||||||||
intangible assets - customer relationships | 644,000,000 | 661,000,000 | 665,000,000 | 670,000,000 | 674,000,000 | 678,000,000 | 683,000,000 | 687,000,000 | 691,000,000 | 696,000,000 | |||||||||||||||||||||||||||||||||||||
intangible assets - ppas | 617,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferral related to differential membership interests | 1,442,000,000 | 1,017,000,000 | 1,024,000,000 | 867,000,000 | 877,000,000 | 897,000,000 | 651,000,000 | 666,000,000 | |||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -6,000,000 | -5,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 64,000,000 | 63,000,000 | 62,000,000 | 99,000,000 | 98,000,000 | 89,000,000 | 87,000,000 | 78,000,000 | 78,000,000 | 82,000,000 | 104,000,000 | 101,000,000 | 86,000,000 | 89,000,000 | 78,000,000 | 78,000,000 | 396,037,000 | ||||||||||||||||||||||||||||||
acquisition holdbacks | 199,000,000 | 267,000,000 | 364,000,000 | 187,000,000 | 375,000,000 | ||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 20,000,000 | 369,000,000 | 367,000,000 | 420,000,000 | 426,000,000 | 467,000,000 | 487,000,000 | 504,000,000 | 633,000,000 | 791,000,000 | 119,000,000 | 75,000,000 | 160,000,000 | ||||||||||||||||||||||||||||||||||
acquisition holdback | |||||||||||||||||||||||||||||||||||||||||||||||
limited partners | 1,707,000,000 | 1,739,000,000 | 1,739,000,000 | 1,746,000,000 | 1,706,000,000 | 1,288,000,000 | 1,280,000,000 | 935,000,000 | 897,000,000 | 688,000,000 | 543,000,000 | 554,000,000 | |||||||||||||||||||||||||||||||||||
short-term debt | 12,000,000 | 12,000,000 | 12,000,000 | 325,000,000 | |||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | 4,000,000 | 6,000,000 | 4,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 1,583,000 | ||||||||||||||||||||||||||||||||||||||||
construction work in progress | 3,000,000 | 2,000,000 | 1,000,000 | 50,000,000 | 1,000,000 | 164,037,000 | |||||||||||||||||||||||||||||||||||||||||
investments in equity method investees - vies | 22,000,000 | 18,000,000 | 45,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferral related to differential membership interests - vies | 409,000,000 | 419,000,000 | 418,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
accumulated deferred income taxes | 52,000,000 | 59,000,000 | 55,000,000 | 56,000,000 | |||||||||||||||||||||||||||||||||||||||||||
deferral related to differential membership interests - vie | 246,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment—net | 2,169,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
additional paid in capital | |||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 85,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 2,087,810,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and members’ equity | |||||||||||||||||||||||||||||||||||||||||||||||
members’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 417,908,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total members’ equity | 478,224,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and members’ equity | 2,876,452,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||
net income | 27,514,000 | ||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | |||||||||||||||||||||||||||||||||||||||||||||||
intangible amortization | |||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||||
gain on settlement of contingent consideration for project acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of assets | |||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible investment tax credits | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from asset disposals | |||||||||||||||||||||||||||||||||||||||||||||||
changes in restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||
insurance proceeds | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||
member contributions | |||||||||||||||||||||||||||||||||||||||||||||||
member distributions | |||||||||||||||||||||||||||||||||||||||||||||||
issuances of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||||
retirements of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration for project acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | |||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | 107,095,000 | ||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest, net of amounts capitalized | 21,270,000 | ||||||||||||||||||||||||||||||||||||||||||||||
members’ noncash contributions for construction costs and other expenditures | 107,543,000 | ||||||||||||||||||||||||||||||||||||||||||||||
members’ net distributions for citc payments | |||||||||||||||||||||||||||||||||||||||||||||||
change in accrued citc that results in a reduction to property, plant and equipment | 149,945,000 | ||||||||||||||||||||||||||||||||||||||||||||||
members’ noncash distributions | 480,964,000 | ||||||||||||||||||||||||||||||||||||||||||||||
new asset retirement obligation additions | 986,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net change in accrued but not paid for capital expenditures | -19,033,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||
net loss | -48,000,000 | 195,000,000 | 127,000,000 | -720,000,000 | -121,000,000 | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 140,000,000 | 145,000,000 | 142,000,000 | 141,000,000 | 136,000,000 | 138,000,000 | 138,000,000 | 138,000,000 | 136,000,000 | 141,000,000 | 145,000,000 | 135,000,000 | 132,000,000 | 115,000,000 | 108,000,000 | 104,000,000 | 103,000,000 | 81,000,000 | 71,000,000 | 69,000,000 | 67,000,000 | 71,000,000 | 67,000,000 | 67,000,000 | 66,000,000 | 67,000,000 | 68,000,000 | 63,000,000 | 61,000,000 | 51,000,000 | 50,000,000 | 49,000,000 | 53,000,000 | 77,000,000 | 50,000,000 | 53,000,000 | 46,000,000 | 54,000,000 | 59,000,000 | 46,000,000 | 46,000,000 | 51,000,000 | 30,000,000 | 37,000,000 | 23,000,000 | 21,000,000 | 19,803,000 |
intangible amortization – ppas | 20,000,000 | 22,000,000 | 20,000,000 | 21,000,000 | 20,000,000 | 20,000,000 | 21,000,000 | 20,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 20,000,000 | 20,000,000 | 34,000,000 | 30,000,000 | 40,000,000 | 39,000,000 | 35,000,000 | 30,000,000 | 26,000,000 | 26,000,000 | ||||||||||||||||||||||||||
change in value of derivative contracts | 4,000,000 | -29,000,000 | 74,000,000 | 54,000,000 | 86,000,000 | -117,000,000 | 102,000,000 | -25,000,000 | -51,000,000 | 144,000,000 | -85,000,000 | 61,000,000 | 164,000,000 | -48,000,000 | -199,000,000 | -460,000,000 | -327,000,000 | 61,000,000 | -11,000,000 | 301,000,000 | -540,000,000 | -218,000,000 | -134,000,000 | -59,000,000 | 795,000,000 | -266,000,000 | 312,000,000 | 162,000,000 | 115,000,000 | 111,000,000 | -61,000,000 | -41,000,000 | 51,000,000 | -7,000,000 | -3,000,000 | 19,000,000 | 2,000,000 | -102,000,000 | -2,000,000 | ||||||||
deferred income taxes | -43,000,000 | -1,000,000 | 41,000,000 | -41,000,000 | -41,000,000 | -75,000,000 | 35,000,000 | 30,000,000 | 11,000,000 | 18,000,000 | 32,000,000 | 18,000,000 | -34,000,000 | -6,000,000 | 44,000,000 | 83,000,000 | 50,000,000 | -5,000,000 | 4,000,000 | -23,000,000 | 70,000,000 | 18,000,000 | 18,000,000 | 13,000,000 | -75,000,000 | 9,000,000 | -19,000,000 | -9,000,000 | -7,000,000 | 0 | 16,000,000 | -9,000,000 | 16,000,000 | 128,000,000 | 16,000,000 | 11,000,000 | 7,000,000 | 40,000,000 | 28,000,000 | -8,000,000 | -5,000,000 | 6,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | -1,000,000 | 2,313,000 |
equity in earnings of equity method investees, net of distributions received | 10,000,000 | 13,000,000 | -15,000,000 | 1,000,000 | 30,000,000 | -9,000,000 | 14,000,000 | 39,000,000 | -17,000,000 | 23,000,000 | -1,000,000 | -15,000,000 | -4,000,000 | 23,000,000 | -4,000,000 | 35,000,000 | 47,000,000 | -4,000,000 | 7,000,000 | 4,000,000 | -19,000,000 | ||||||||||||||||||||||||||
equity in earnings of non-economic ownership interests, net of distributions received | 0 | 1,000,000 | 7,000,000 | 8,000,000 | 9,000,000 | -1,000,000 | 12,000,000 | -13,000,000 | -15,000,000 | -18,000,000 | -19,000,000 | ||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 0 | 0 | 0 | 253,000,000 | |||||||||||||||||||||||||||||||||||||||||||
other – net | 7,000,000 | 11,000,000 | 12,000,000 | 8,000,000 | 1,000,000 | 5,000,000 | -2,000,000 | 9,000,000 | 5,000,000 | 5,000,000 | 1,000,000 | 8,000,000 | 6,000,000 | 8,000,000 | 25,000,000 | 3,000,000 | 4,000,000 | 7,000,000 | 2,000,000 | ||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
current assets | -43,000,000 | 40,000,000 | 78,000,000 | -84,000,000 | -27,000,000 | 42,000,000 | 25,000,000 | -39,000,000 | -45,000,000 | 29,000,000 | -12,000,000 | -47,000,000 | -4,000,000 | -6,000,000 | 8,000,000 | -14,000,000 | -31,000,000 | 27,000,000 | -1,000,000 | 18,000,000 | -50,000,000 | ||||||||||||||||||||||||||
noncurrent assets | 3,000,000 | 6,000,000 | 3,000,000 | -9,000,000 | 1,000,000 | 0 | 0 | -2,000,000 | -11,000,000 | 6,000,000 | 2,000,000 | -83,000,000 | -6,000,000 | 1,000,000 | 0 | 3,000,000 | |||||||||||||||||||||||||||||||
current liabilities | -54,000,000 | 47,000,000 | -63,000,000 | 105,000,000 | -63,000,000 | 33,000,000 | -11,000,000 | 56,000,000 | -33,000,000 | -25,000,000 | 44,000,000 | 33,000,000 | -66,000,000 | 28,000,000 | 4,000,000 | 56,000,000 | -25,000,000 | 0 | 0 | 14,000,000 | -24,000,000 | ||||||||||||||||||||||||||
noncurrent liabilities | -1,000,000 | 13,000,000 | -2,000,000 | 5,000,000 | 14,000,000 | 0 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||
net cash from operating activities | -5,000,000 | 186,000,000 | 231,000,000 | 232,000,000 | 90,000,000 | 283,000,000 | 208,000,000 | 231,000,000 | 78,000,000 | 179,000,000 | 256,000,000 | 214,000,000 | 82,000,000 | 165,000,000 | 202,000,000 | 289,000,000 | 120,000,000 | 185,000,000 | 184,000,000 | 204,000,000 | 104,000,000 | 183,000,000 | 223,000,000 | 160,000,000 | 99,000,000 | 94,000,000 | 122,000,000 | 111,000,000 | 19,000,000 | 93,000,000 | 86,000,000 | 130,000,000 | 53,000,000 | 176,000,000 | 83,000,000 | 119,000,000 | 35,000,000 | 81,000,000 | 102,000,000 | 96,000,000 | 49,000,000 | 123,000,000 | 36,000,000 | 66,000,000 | 15,000,000 | 50,000,000 | 37,425,000 |
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures and other investments | -25,000,000 | -274,000,000 | -514,000,000 | -81,000,000 | -89,000,000 | -52,000,000 | -56,000,000 | -69,000,000 | -64,000,000 | -205,000,000 | -257,000,000 | -406,000,000 | -401,000,000 | -393,000,000 | -209,000,000 | -282,000,000 | -467,000,000 | -31,000,000 | -18,000,000 | -19,000,000 | -45,000,000 | -98,000,000 | -115,000,000 | -69,000,000 | -52,000,000 | ||||||||||||||||||||||
payments from related parties under cscs agreement – net | 6,000,000 | 3,000,000 | 77,000,000 | 34,000,000 | 630,000,000 | 762,000,000 | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -19,000,000 | -267,000,000 | 632,000,000 | 314,000,000 | -49,000,000 | -108,000,000 | 596,000,000 | 706,000,000 | 42,000,000 | 370,000,000 | -134,000,000 | -629,000,000 | 199,000,000 | -1,156,000,000 | 264,000,000 | -232,000,000 | -70,000,000 | -1,232,000,000 | 55,000,000 | -1,017,000,000 | -107,000,000 | -398,000,000 | -134,000,000 | -61,000,000 | -88,000,000 | -830,000,000 | 182,000,000 | -1,722,000,000 | 21,000,000 | -550,000,000 | -673,000,000 | 466,000,000 | -6,000,000 | -799,000,000 | -301,000,000 | -228,000,000 | -40,000,000 | 64,000,000 | -847,000,000 | 16,000,000 | -389,000,000 | -1,236,000,000 | 4,000,000 | -438,000,000 | -119,000,000 | -52,000,000 | -112,076,000 |
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common units – net | 3,000,000 | 0 | 0 | 1,000,000 | 3,000,000 | 0 | 0 | 0 | 3,000,000 | 0 | 0 | 161,000,000 | 154,000,000 | 0 | 145,000,000 | 0 | 2,000,000 | 0 | 0 | 47,000,000 | 3,000,000 | ||||||||||||||||||||||||||
issuances of long-term debt, including premiums and discounts | 294,000,000 | 1,282,000,000 | 74,000,000 | 338,000,000 | 1,754,000,000 | 155,000,000 | 175,000,000 | 0 | 24,000,000 | 978,000,000 | 315,000,000 | 1,006,000,000 | 63,000,000 | ||||||||||||||||||||||||||||||||||
retirements of long-term debt | -169,000,000 | -918,000,000 | -845,000,000 | -204,000,000 | -536,000,000 | -20,000,000 | -777,000,000 | -523,000,000 | -25,000,000 | -1,174,000,000 | -329,000,000 | -11,000,000 | -9,000,000 | -928,000,000 | -486,000,000 | -124,000,000 | -6,000,000 | -1,061,000,000 | -3,000,000 | -93,000,000 | -2,000,000 | -1,149,000,000 | -2,000,000 | -4,000,000 | -11,000,000 | -1,791,000,000 | -691,000,000 | -286,000,000 | -24,000,000 | -909,000,000 | -19,000,000 | -24,000,000 | -31,000,000 | -14,000,000 | -1,111,000,000 | -23,000,000 | -37,000,000 | -163,000,000 | -107,000,000 | -305,000,000 | -65,000,000 | -205,000,000 | -99,000,000 | -56,000,000 | -35,000,000 | -2,000,000 | -348,282,000 |
debt issuance costs | -6,000,000 | -24,000,000 | -14,000,000 | -16,000,000 | -19,000,000 | 0 | 0 | 0 | -2,000,000 | -10,000,000 | 0 | 0 | -2,000,000 | -12,000,000 | 0 | -9,000,000 | 0 | -2,000,000 | -1,000,000 | 0 | 0 | 0 | -1,000,000 | -30,000,000 | |||||||||||||||||||||||
partner contributions | 9,000,000 | 45,000,000 | 0 | 0 | 5,000,000 | 13,000,000 | 5,000,000 | 16,000,000 | 29,000,000 | 1,000,000 | 0 | 2,000,000 | 1,000,000 | 3,000,000 | 3,000,000 | 0 | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||
partner distributions | -25,000,000 | -26,000,000 | -44,000,000 | -330,000,000 | -21,000,000 | -220,000,000 | -222,000,000 | -186,000,000 | -188,000,000 | -187,000,000 | -206,000,000 | -179,000,000 | -169,000,000 | -168,000,000 | -181,000,000 | -150,000,000 | -137,000,000 | -232,000,000 | -144,000,000 | -126,000,000 | -117,000,000 | -122,000,000 | -119,000,000 | -104,000,000 | -97,000,000 | -101,000,000 | -84,000,000 | -74,000,000 | |||||||||||||||||||
payments to class b noncontrolling interest investors | -20,000,000 | -15,000,000 | -33,000,000 | -17,000,000 | -21,000,000 | -26,000,000 | -33,000,000 | -15,000,000 | -18,000,000 | -24,000,000 | -33,000,000 | -19,000,000 | -70,000,000 | -19,000,000 | -41,000,000 | -87,000,000 | -16,000,000 | -28,000,000 | -21,000,000 | -14,000,000 | |||||||||||||||||||||||||||
proceeds from differential membership investors | 187,000,000 | 0 | 97,000,000 | 0 | 81,000,000 | 0 | 98,000,000 | 0 | 75,000,000 | 0 | 92,000,000 | 0 | 61,000,000 | 1,000,000 | 90,000,000 | 0 | 46,000,000 | 0 | 33,000,000 | 0 | 41,000,000 | 0 | 47,000,000 | 1,000,000 | 46,000,000 | 0 | 35,000,000 | -1,000,000 | 32,000,000 | 0 | 28,000,000 | 0 | 28,000,000 | 5,000,000 | 13,000,000 | 3,000,000 | 12,000,000 | 1,000,000 | 8,000,000 | -1,000,000 | 11,000,000 | ||||||
payments to differential membership investors | -127,000,000 | -6,000,000 | -5,000,000 | 5,000,000 | -28,000,000 | -18,000,000 | -26,000,000 | -20,000,000 | -11,000,000 | -6,000,000 | -8,000,000 | -9,000,000 | -202,000,000 | -6,000,000 | -9,000,000 | -12,000,000 | -9,000,000 | -8,000,000 | -9,000,000 | -12,000,000 | -6,000,000 | -7,000,000 | -8,000,000 | -9,000,000 | -6,000,000 | -8,000,000 | -6,000,000 | -8,000,000 | -8,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -10,000,000 | -5,000,000 | -7,000,000 | -3,000,000 | -7,000,000 | -4,000,000 | -2,000,000 | -3,000,000 | -3,000,000 | 0 | -1,000,000 | -1,000,000 | ||
buyout of differential membership investors | -141,000,000 | 0 | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 2,000,000 | 329,000,000 | -1,018,000,000 | -1,202,000,000 | 1,217,000,000 | -193,000,000 | -779,000,000 | -917,000,000 | -113,000,000 | -636,000,000 | -369,000,000 | 754,000,000 | -276,000,000 | 1,050,000,000 | -498,000,000 | 32,000,000 | -33,000,000 | 1,061,000,000 | -218,000,000 | 816,000,000 | 4,000,000 | 228,000,000 | -90,000,000 | -122,000,000 | -20,000,000 | 658,000,000 | -272,000,000 | 1,645,000,000 | -62,000,000 | 513,000,000 | 9,000,000 | -103,000,000 | -48,000,000 | 640,000,000 | 226,000,000 | 154,000,000 | -61,000,000 | -133,000,000 | 634,000,000 | -2,000,000 | 308,000,000 | 580,000,000 | 560,000,000 | 412,000,000 | 59,000,000 | -19,000,000 | 88,201,000 |
net increase in cash, cash equivalents and restricted cash | -22,000,000 | -155,000,000 | -656,000,000 | 1,258,000,000 | 25,000,000 | 20,000,000 | 7,000,000 | -247,000,000 | 339,000,000 | 5,000,000 | -32,000,000 | 89,000,000 | 17,000,000 | 21,000,000 | 3,000,000 | 1,000,000 | -1,000,000 | 32,000,000 | |||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash – beginning of period | 1,023,000,000 | 0 | 0 | 328,000,000 | 0 | 0 | 294,000,000 | 0 | 0 | 284,000,000 | 0 | 0 | 151,000,000 | 0 | 0 | 112,000,000 | |||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash – end of period | 1,001,000,000 | -155,000,000 | -656,000,000 | 1,586,000,000 | 25,000,000 | 20,000,000 | 301,000,000 | -247,000,000 | 339,000,000 | 289,000,000 | -32,000,000 | 89,000,000 | 168,000,000 | 21,000,000 | 3,000,000 | 113,000,000 | |||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest, net of amounts capitalized | 135,000,000 | 42,000,000 | 62,000,000 | -3,000,000 | 66,000,000 | 41,000,000 | 81,000,000 | 21,000,000 | 50,000,000 | 48,000,000 | 25,000,000 | 38,000,000 | 15,000,000 | 32,000,000 | 14,000,000 | 31,730,000 | |||||||||||||||||||||||||||||||
cash received for income taxes – net | 8,000,000 | 48,000,000 | 0 | 1,000,000 | -4,000,000 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||
accrued property additions | 480,000,000 | 185,000,000 | -187,000,000 | 158,000,000 | 339,000,000 | 18,000,000 | 29,000,000 | -17,000,000 | 42,000,000 | -171,000,000 | -188,000,000 | -299,000,000 | 735,000,000 | 671,000,000 | -156,000,000 | -259,000,000 | 590,000,000 | -35,000,000 | 37,000,000 | -1,000,000 | 31,000,000 | ||||||||||||||||||||||||||
net income | -81,000,000 | -63,000,000 | 36,000,000 | -328,000,000 | -420,000,000 | -83,000,000 | 57,000,000 | 35,000,000 | 148,000,000 | 132,000,000 | 89,000,000 | -151,000,000 | 18,000,000 | 233,000,000 | 537,000,000 | 333,000,000 | -39,000,000 | 94,000,000 | -202,000,000 | 571,000,000 | 84,000,000 | -244,000,000 | -118,000,000 | 111,000,000 | 295,000,000 | -21,000,000 | -23,000,000 | 37,000,000 | 53,000,000 | 42,000,000 | 196,000,000 | 133,000,000 | 30,000,000 | -14,000,000 | 34,000,000 | 16,000,000 | 21,000,000 | 9,000,000 | 1,000,000 | 24,486,000 | |||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||
gains on disposal of businesses/assets – net | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
acquisitions of membership interests in subsidiaries – net | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of a business | 1,830,000,000 | 0 | 4,000,000 | 51,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity method investments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
payments from (to) related parties under cscs agreement – net | -49,000,000 | -22,000,000 | 277,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
distributions from non-economic ownership interests | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
reimbursements from related parties for capital expenditures | 17,000,000 | 0 | 15,000,000 | 34,000,000 | 159,000,000 | 172,000,000 | 376,000,000 | 356,000,000 | 266,000,000 | 146,000,000 | 274,000,000 | 475,000,000 | |||||||||||||||||||||||||||||||||||
proceeds on sale of class b noncontrolling interests – net | 707,000,000 | 0 | 400,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
buyout of class b noncontrolling interest investors | 0 | -219,000,000 | -67,000,000 | 0 | -382,000,000 | -200,000,000 | -194,000,000 | -196,000,000 | |||||||||||||||||||||||||||||||||||||||
proceeds on sale of differential membership interests | 0 | 0 | 0 | 92,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash – beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash – end of year | |||||||||||||||||||||||||||||||||||||||||||||||
change in noncash investments in non-economic ownership interests – net | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
losses on disposal of businesses/assets – net | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
distributions from equity method investee | 0 | 0 | 0 | 0 | 0 | 0 | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||
capped call transaction | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
change in amounts due to related parties | 0 | 0 | -1,000,000 | 0 | -1,000,000 | -15,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -11,000,000 | 0 | -1,000,000 | -1,000,000 | -1,000,000 | 0 | -1,000,000 | 10,000,000 | 0 | 19,000,000 | 0 | -77,000,000 | 0 | 0 | -1,000,000 | 2,000,000 | ||||||||||||||||||||||
acquisition of membership interests in subsidiaries – net | 0 | -582,000,000 | -84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
change in noncash investments in equity method investees – net | 10,000,000 | 0 | 0 | -3,000,000 | 254,000,000 | ||||||||||||||||||||||||||||||||||||||||||
equity in losses of non-economic ownership interests | -4,000,000 | 0 | -14,000,000 | -4,000,000 | -11,000,000 | -5,000,000 | 23,000,000 | -6,000,000 | -1,000,000 | 4,000,000 | 7,000,000 | -9,000,000 | |||||||||||||||||||||||||||||||||||
cash received for income taxes | -24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from citcs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
payments to related parties under cscs agreement – net | 491,000,000 | -421,000,000 | -78,000,000 | 790,000,000 | -1,011,000,000 | -74,000,000 | |||||||||||||||||||||||||||||||||||||||||
payment of citc obligation to third party | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
cash paid for income taxes – net | |||||||||||||||||||||||||||||||||||||||||||||||
other | 0 | -1,000,000 | 2,000,000 | 2,000,000 | 0 | 13,000,000 | 8,000,000 | 12,000,000 | 12,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 4,000,000 | 5,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||
equity in losses of equity method investees, net of distributions received | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of non-economic ownership interests, net of distributions received | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
costs related to retirement of debt – net | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of a business | |||||||||||||||||||||||||||||||||||||||||||||||
capped call settlement | |||||||||||||||||||||||||||||||||||||||||||||||
preferred unit distributions | -1,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -4,000,000 | -5,000,000 | -6,000,000 | -6,000,000 | -7,000,000 | -6,000,000 | -6,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||
conversion of 2017 convertible notes to common units | |||||||||||||||||||||||||||||||||||||||||||||||
issuances of long-term debt | 0 | 3,000,000 | 89,000,000 | 9,000,000 | 513,000,000 | 102,000,000 | 7,000,000 | 4,000,000 | 57,000,000 | 1,730,000,000 | 500,000,000 | 0 | 1,420,000,000 | 250,000,000 | 210,000,000 | 100,000,000 | 200,000,000 | 355,000,000 | 116,000,000 | 1,135,000,000 | 81,000,000 | 31,000,000 | 122,000,000 | 0 | 252,000 | ||||||||||||||||||||||
payments to class b noncontrolling interests investors | -11,000,000 | -10,000,000 | -8,000,000 | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||
equity in losses of non-economic ownership interests, net ofdistributions received | |||||||||||||||||||||||||||||||||||||||||||||||
accrued property and other additions | -5,000,000 | -11,000,000 | 21,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible notes to common units | |||||||||||||||||||||||||||||||||||||||||||||||
partner noncash distributions | 1,000,000 | 0 | 1,000,000 | 0 | 0 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||
change in noncash investments in equity method investees - net | 3,000,000 | 5,000,000 | 0 | 6,000,000 | 1,000,000 | -4,000,000 | 3,000,000 | 2,000,000 | 5,000,000 | -1,000,000 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||
accrued preferred distributions | -1,000,000 | 0 | 2,000,000 | -2,000,000 | -2,000,000 | 0 | 6,000,000 | -12,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||
intangible amortization - ppas | 26,000,000 | 26,000,000 | 25,000,000 | 26,000,000 | |||||||||||||||||||||||||||||||||||||||||||
gain on disposal of canadian holdings | 5,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
costs related to retirement of debt - net | |||||||||||||||||||||||||||||||||||||||||||||||
other - net | -2,000,000 | 7,000,000 | 5,000,000 | 5,000,000 | -16,000,000 | 18,000,000 | 8,000,000 | 2,000,000 | -1,000,000 | 1,000,000 | -2,000,000 | -2,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||
acquisitions of membership interests in subsidiaries - net | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of canadian holdings - net | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
payments from related parties under cscs agreement - net | 15,000,000 | 159,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common units - net | 0 | 0 | 0 | 2,000,000 | -1,000,000 | 0 | 0 | 3,000,000 | 5,000,000 | 0 | 342,000,000 | 11,000,000 | 292,000,000 | 24,000,000 | |||||||||||||||||||||||||||||||||
proceeds on sale of class b noncontrolling interests - net | |||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | -1,000,000 | 2,000,000 | -1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | -1,000,000 | 1,000,000 | 2,000,000 | -5,000,000 | -4,000,000 | 3,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - end of year | |||||||||||||||||||||||||||||||||||||||||||||||
partner noncash contributions | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
other current assets | 12,000,000 | -26,000,000 | 4,000,000 | 17,000,000 | -14,000,000 | -7,000,000 | -13,000,000 | 4,000,000 | 0 | 2,000,000 | 2,000,000 | 5,000,000 | -9,000,000 | 0 | -3,000,000 | -8,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||
other non-current assets | 0 | 1,000,000 | 1,000,000 | 0 | -3,000,000 | 3,000,000 | 1,000,000 | 0 | 1,000,000 | 0 | -7,000,000 | 0 | 3,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||
other current liabilities | -1,000,000 | 16,000,000 | -31,000,000 | 19,000,000 | -5,000,000 | 16,000,000 | -36,000,000 | 16,000,000 | -22,000,000 | 26,000,000 | -33,000,000 | 29,000,000 | 2,000,000 | 20,000,000 | -23,000,000 | 11,000,000 | -5,000,000 | 16,000,000 | -19,000,000 | 7,000,000 | -5,000,000 | 15,000,000 | -12,000,000 | 4,000,000 | -2,637,000 | ||||||||||||||||||||||
other non-current liabilities | -3,000,000 | 0 | -1,000,000 | 0 | -4,000,000 | 4,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | -4,000,000 | 0 | 9,000,000 | 2,000,000 | -2,000,000 | 5,000,000 | -2,000,000 | 1,000,000 | -2,000,000 | 1,000,000 | 877,000 | |||||||||||||||||||||||||||
acquisition of membership interests in subsidiaries - net | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
payments to related parties under cscs agreement - net | -24,000,000 | -670,000,000 | -48,000,000 | -2,000,000 | -292,000,000 | 23,000,000 | -32,000,000 | ||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - beginning of period | 0 | 0 | 132,000,000 | 0 | 0 | 166,000,000 | 0 | 0 | 198,000,000 | ||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash - end of period | -1,000,000 | -23,000,000 | 123,000,000 | 32,000,000 | 34,000,000 | 144,000,000 | -578,000,000 | 492,000,000 | 196,000,000 | ||||||||||||||||||||||||||||||||||||||
payments from (to) related parties under cscs agreement - net | -48,000,000 | -695,000,000 | 24,000,000 | 12,000,000 | -17,000,000 | -30,000,000 | |||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | -9,000,000 | -22,000,000 | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
benefits associated with differential membership interests - net | -59,000,000 | -15,000,000 | -26,000,000 | -19,000,000 | -14,000,000 | -17,000,000 | -12,000,000 | -12,000,000 | -5,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54,000,000 | -33,000,000 | -3,000,000 | -3,000,000 | -15,000,000 | -3,000,000 | -3,000,000 | -4,000,000 | -317,000,000 | -12,000,000 | -12,000,000 | -8,000,000 | -7,000,000 | -249,000,000 | -15,000,000 | -12,000,000 | -40,000,000 | -11,000,000 | -32,000,000 | -42,000,000 | -20,000,000 | -19,526,000 |
free cash flows | -5,000,000 | 186,000,000 | 231,000,000 | 232,000,000 | 90,000,000 | 283,000,000 | 208,000,000 | 231,000,000 | 78,000,000 | 179,000,000 | 256,000,000 | 214,000,000 | 82,000,000 | 165,000,000 | 202,000,000 | 289,000,000 | 120,000,000 | 185,000,000 | 184,000,000 | 204,000,000 | 104,000,000 | 183,000,000 | 223,000,000 | 160,000,000 | 99,000,000 | 40,000,000 | 89,000,000 | 108,000,000 | 16,000,000 | 78,000,000 | 83,000,000 | 127,000,000 | 49,000,000 | -141,000,000 | 71,000,000 | 107,000,000 | 27,000,000 | 74,000,000 | -147,000,000 | 81,000,000 | 37,000,000 | 83,000,000 | 25,000,000 | 34,000,000 | -27,000,000 | 30,000,000 | 17,899,000 |
proceeds from issuance of preferred units - net | |||||||||||||||||||||||||||||||||||||||||||||||
capped call transaction including fees | |||||||||||||||||||||||||||||||||||||||||||||||
partners/members' contributions | 4,000,000 | 1,000,000 | 2,000,000 | 29,000,000 | 314,000,000 | 1,000,000 | 4,000,000 | 249,000,000 | 1,000,000 | 1,000,000 | 66,000,000 | -1,000,000 | 26,000,000 | 15,000,000 | |||||||||||||||||||||||||||||||||
partners/members' distributions | -76,000,000 | -71,000,000 | -68,000,000 | -66,000,000 | -122,000,000 | -61,000,000 | -68,000,000 | -56,000,000 | -55,000,000 | -55,000,000 | -54,000,000 | -45,000,000 | -426,000,000 | -28,000,000 | -19,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||
other, primarily change in amounts due to related parties | |||||||||||||||||||||||||||||||||||||||||||||||
payment of acquisition holdback | 0 | 0 | 0 | -14,000,000 | |||||||||||||||||||||||||||||||||||||||||||
members’ noncash contributions for construction costs and other | 10,000,000 | 0 | -1,000,000 | 31,000,000 | 0 | 59,000,000 | |||||||||||||||||||||||||||||||||||||||||
partners/members' noncash distributions | 0 | 0 | 0 | 17,000,000 | 1,000,000 | 2,000,000 | 4,000,000 | 25,000,000 | 37,000,000 | 0 | |||||||||||||||||||||||||||||||||||||
asset retirement obligation additions | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accrued but not paid for capital and other expenditures | 6,000,000 | 0 | 0 | 0 | 1,000,000 | -4,000,000 | 1,000,000 | 2,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||
noncash member contribution upon transition from predecessor method | -2,000,000 | 0 | 0 | 0 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||
intangible amortization - ppa | 25,000,000 | 12,000,000 | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of class b noncontrolling interest - net | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents and restricted cash | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | -3,000,000 | -19,000,000 | 0 | -1,000,000 | -11,000,000 | -2,000,000 | 0 | -2,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||
equity in earnings of equity method investee, net of distributions received | 5,000,000 | 19,000,000 | -13,000,000 | -5,000,000 | 7,000,000 | 11,000,000 | -5,000,000 | -4,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||
payments to nep opco subsidiary investor | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of non-economic ownership interests | 10,000,000 | -12,000,000 | -7,000,000 | -6,000,000 | |||||||||||||||||||||||||||||||||||||||||||
change in the fair value of contingent consideration for pipeline acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -9,000,000 | 10,000,000 | -8,000,000 | -11,000,000 | 2,000,000 | 14,000,000 | -6,000,000 | -9,000,000 | -1,000,000 | 2,000,000 | 0 | -12,000,000 | 8,000,000 | 3,000,000 | -3,000,000 | -6,000,000 | 12,000,000 | -1,374,000 | |||||||||||||||||||||||||||||
accounts payable and accrued expenses | 8,000,000 | 2,000,000 | -20,000,000 | -1,000,000 | 9,000,000 | 0 | -1,000,000 | -2,000,000 | -3,000,000 | -2,000,000 | -4,000,000 | 1,000,000 | -1,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||
due to related parties | 6,000,000 | -5,000,000 | 4,000,000 | -1,000,000 | 0 | -2,000,000 | 2,000,000 | -7,000,000 | 4,000,000 | -2,000,000 | -4,000,000 | 3,000,000 | 5,000,000 | -10,630,000 | |||||||||||||||||||||||||||||||||
acquisition of membership interest in subsidiaries - net | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of noncontrolling interest in a nep opco subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term debt | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term debt via deferral related to differential membership interest | |||||||||||||||||||||||||||||||||||||||||||||||
noncash liabilities and noncontrolling interests assumed in connection with acquisition of subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition of membership interests in subsidiaries | 0 | -317,000,000 | 1,000,000 | -325,000,000 | |||||||||||||||||||||||||||||||||||||||||||
acquisition of membership interests in subsidiaries and equity method investee | |||||||||||||||||||||||||||||||||||||||||||||||
distribution from equity method investee | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of nep opco common units to noncontrolling interest | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
assumption of debt and acquisition holdbacks in connection with texas pipelines acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
change in goodwill related to change in purchase accounting valuation | 0 | 0 | 0 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||
change in fair value of contingent consideration for pipeline acquisition | -101,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
changes in restricted cash | 3,000,000 | 5,000,000 | -6,000,000 | 18,000,000 | -35,000,000 | 0 | 7,000,000 | 3,000,000 | 56,000,000 | ||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -65,000,000 | -30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - beginning of period | 0 | 0 | 147,000,000 | 1,000,000 | 0 | 163,000,000 | 0 | 5,000,000 | 98,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - end of period | 7,000,000 | 46,000,000 | 82,000,000 | -111,000,000 | 111,000,000 | 133,000,000 | 596,000,000 | 48,000,000 | 52,000,000 | ||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 14,000,000 | -112,000,000 | -538,000,000 | 596,000,000 | 43,000,000 | -46,000,000 | -21,000,000 | 10,485,000 | |||||||||||||||||||||||||||||||||||||||
equity in earnings of equity method investee | |||||||||||||||||||||||||||||||||||||||||||||||
insurance proceeds | |||||||||||||||||||||||||||||||||||||||||||||||
change in amounts due to related party | 1,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents - end of year | |||||||||||||||||||||||||||||||||||||||||||||||
members’ net distributions for citc payments | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
change in accrued citcs resulting in reduction to property, plant and equipment - net | |||||||||||||||||||||||||||||||||||||||||||||||
noncash reclassification of distributions to due from related parties | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 2,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 1,912,000 | ||||||||||||||||||||||||||||||||||||||||
accretion of acquisition holdbacks | 4,000,000 | 2,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
equity in losses of equity method investees | 1,000,000 | 6,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
payments (to) from related parties under cscs agreement - net | |||||||||||||||||||||||||||||||||||||||||||||||
change in accounts receivable for citcs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
change in investments in equity method investees - net | 1,000,000 | -2,000,000 | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
change in accrued but not paid for capital expenditures | -1,000,000 | 1,000,000 | 3,000,000 | -2,000,000 | -1,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||
noncash member distribution upon transition from predecessor method | 0 | 0 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on marked to market derivative contracts | 47,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 3,000,000 | 17,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
unrealized gains on marked to market derivative contracts | |||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration for project acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
members’ noncash contributions for construction costs and other expenditures | 34,000,000 | 15,000,000 | 20,000,000 | 32,000,000 | 0 | -2,543,000 | |||||||||||||||||||||||||||||||||||||||||
change in noncash contributions of investments in equity method investees - net | |||||||||||||||||||||||||||||||||||||||||||||||
assumption of debt and acquisition holdbacks in connection with acquisition of texas pipelines | |||||||||||||||||||||||||||||||||||||||||||||||
change in accrued convertible investment tax credits that resulted in a reduction to property, plant and equipment - net | |||||||||||||||||||||||||||||||||||||||||||||||
new asset retirement obligation additions | 1,000,000 | 14,000 | |||||||||||||||||||||||||||||||||||||||||||||
net change in accrued but not paid for capital and other expenditures | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from convertible investment tax credits | -240,000 | ||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of projects | 0 | -424,000,000 | -292,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from differential membership interest | |||||||||||||||||||||||||||||||||||||||||||||||
change in accrued citc that results in a reduction to property, plant and equipment - net | |||||||||||||||||||||||||||||||||||||||||||||||
net change in short-term debt | |||||||||||||||||||||||||||||||||||||||||||||||
repayment of amount due to related party | 0 | -22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common units | |||||||||||||||||||||||||||||||||||||||||||||||
members' noncash contributions of other investments | |||||||||||||||||||||||||||||||||||||||||||||||
change in accrued citc that results in a reduction to property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||||||||
members' noncash distributions | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
intangible amortization | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition of projects | |||||||||||||||||||||||||||||||||||||||||||||||
general sales tax reimbursement related to acquired projects | |||||||||||||||||||||||||||||||||||||||||||||||
settlement of lien and performance holdbacks related to acquired projects | |||||||||||||||||||||||||||||||||||||||||||||||
payments to related parties under cash sweep - net | |||||||||||||||||||||||||||||||||||||||||||||||
acquisition of membership interest in subsidiary | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from related party note | |||||||||||||||||||||||||||||||||||||||||||||||
retirements of related party note | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of year | |||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||
members' noncash contributions for the forgiveness of intercompany note and accrued interest | |||||||||||||||||||||||||||||||||||||||||||||||
members' noncash distribution | |||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration recorded for project acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
gain on settlement of contingent consideration for project acquisition | |||||||||||||||||||||||||||||||||||||||||||||||
payments to related parties under cash sweep agreement—net | |||||||||||||||||||||||||||||||||||||||||||||||
member contributions | -426,000 | ||||||||||||||||||||||||||||||||||||||||||||||
member distributions | -343,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | 420,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | 10,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net change in accrued but not paid for capital expenditures | 54,033,000 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of assets | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from asset disposals | |||||||||||||||||||||||||||||||||||||||||||||||
members’ noncash distributions |