Switch to:
Energy Transfer Partners LP (NYSE:ETP)
Cash Flow from Operations
$2,782 Mil (TTM As of Jun. 2014)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Jun. 2014, Energy Transfer Partners LP's Net Income From Continuing Operations was $581 Mil. Its DDA was $268 Mil. Its Change In Working Capital was $192 Mil. Its cash flow from deferred tax was $-4 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $-146 Mil. In all, Energy Transfer Partners LP's Cash Flow from Operations for the three months ended in Jun. 2014 was $891 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Energy Transfer Partners LP's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

Energy Transfer Partners LP's Cash Flow from Operations for the quarter that ended in Jun. 2014 is

Energy Transfer Partners LP Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2014 was 578 (Sep. 2013 ) + 631 (Dec. 2013 ) + 682 (Mar. 2014 ) + 891 (Jun. 2014 ) = $2,782 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Energy Transfer Partners LP's net income from continuing operations for the three months ended in Jun. 2014 was $581 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Energy Transfer Partners LP's depreciation, depletion and amortization for the three months ended in Jun. 2014 was $268 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Energy Transfer Partners LP's change in working capital for the three months ended in Jun. 2014 was $192 Mil. It means Energy Transfer Partners LP's working capital increased by $192 Mil from Mar. 2014 to Jun. 2014 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Energy Transfer Partners LP's cash flow from deferred tax for the three months ended in Jun. 2014 was $-4 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Energy Transfer Partners LP's cash flow from discontinued operations for the three months ended in Jun. 2014 was $0 Mil.

6. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Energy Transfer Partners LP's cash flow from others for the three months ended in Jun. 2014 was $-146 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Energy Transfer Partners LP Annual Data

Aug04Aug05Aug06Aug07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 9934951667686679206971,648768
CF_DDA 53991201832623133434056561,032
ChangeInWorkingCapital 11-151-9824175-321125166-475-146
CF_DeferredTax -41-4-4-50046248
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 3-1291016604373472-693671
Cash Flow from Operations 1631695441,1131,2588271,2021,3441,1982,373

Energy Transfer Partners LP Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
NetIncomeFromContinuingOperations 1,08813564361424413404-473491581
CF_DDA 99158162237260251253268266268
ChangeInWorkingCapital -16760-26-342-30326-184315159192
CF_DeferredTax -283422865176-201-107-4
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -958482098-3656-71722-127-146
Cash Flow from Operations 60409443286353811578631682891
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK