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Enbridge Energy Partners LP (Enbridge Energy Partners LP) Gross Property, Plant and Equipment : $13,104 Mil (As of Sep. 2018)


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What is Enbridge Energy Partners LP Gross Property, Plant and Equipment?

Enbridge Energy Partners LP's quarterly gross PPE increased from Mar. 2018 ($12,955 Mil) to Jun. 2018 ($12,978 Mil) and increased from Jun. 2018 ($12,978 Mil) to Sep. 2018 ($13,104 Mil).

Enbridge Energy Partners LP's annual gross PPE stayed the same from Dec. 2015 ($20,648 Mil) to Dec. 2016 ($15,001 Mil) but then increased from Dec. 2016 ($15,001 Mil) to Dec. 2017 ($15,706 Mil).


Enbridge Energy Partners LP Gross Property, Plant and Equipment Historical Data

The historical data trend for Enbridge Energy Partners LP's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enbridge Energy Partners LP Gross Property, Plant and Equipment Chart

Enbridge Energy Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,882.50 18,467.90 20,648.20 15,001.00 15,706.00

Enbridge Energy Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,820.10 15,706.00 12,955.00 12,978.00 13,104.00

Enbridge Energy Partners LP Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Enbridge Energy Partners LP  (NYSE:EEP) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Enbridge Energy Partners LP Gross Property, Plant and Equipment Related Terms

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Enbridge Energy Partners LP (Enbridge Energy Partners LP) Business Description

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Address
Enbridge Energy Partners is a master limited partnership, formed by its general partner, Enbridge Inc. The company operates crude oil pipelines in the United States. Its crude oil infrastructure is highlighted by the Lakehead system, the U.S. portion of the Canadian Mainline pipeline system.
Executives
Dan Allen Westbrook director 5400 WESTHEIMER COURT, HOUSTON TX 77056
James Herbert England director 15687 VILLORESI WAY, NAPLES FL 34110
Stephen J Neyland director, officer: Vice President 5400 WESTHEIMER COURT, HOUSTON TX 77056
Mark A. Maki director, officer: President 425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
William S Waldheim director 304 MARINA VIEW CT., LAKEWAY TX 78734
Laura Buss Sayavedra director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Allen C Capps officer: Controller 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
Cynthia L Hansen officer: Sr.VP-Liquids Pipelines, Ops 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
John K Whelen director 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
D Guy Jarvis director, officer: Exec Vice Pres.-Liquids PL 3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
C Gregory Harper director 185 INTERNATIONAL DRIVE, PORTSMOUTH NH 03801
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
George K Petty director, other: Reitred Director-ret.w/n 6 mos 1317 HANOVER PLACE, SAN LUIS OBISPO CA 93401
Byron C Neiles officer: Vice President -Major Projects 3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
Letwin Stephen J J director, officer: Managing Director HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036