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10-Q Filing

NUSTAR ENERGY L.P. CIK: 1110805 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001110805-12-000005
Period End Date 20120331
Filing Date 20120425
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance ns-20120331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $2.15M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $1.77M USD Point-in-time
Common units outstanding LimitedPartnersCapitalAccountUnitsOutstanding 70.76M shares Point-in-time
Common units outstanding LimitedPartnersCapitalAccountUnitsOutstanding 70.76M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $70.44M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $37.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $181.12M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,774 and $2,147 as of March 31, 2012 and December 31, 2011, respectively AccountsReceivableNetCurrent $495.98M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,774 and $2,147 as of March 31, 2012 and December 31, 2011, respectively AccountsReceivableNetCurrent $547.81M USD Point-in-time
Inventories InventoryNet $774.01M USD Point-in-time
Inventories InventoryNet $587.78M USD Point-in-time
Income tax receivable IncomeTaxReceivable $4.15M USD Point-in-time
Income tax receivable IncomeTaxReceivable $9.22M USD Point-in-time
Other current assets OtherAssetsCurrent $43.69M USD Point-in-time
Other current assets OtherAssetsCurrent $51.49M USD Point-in-time
Total current assets AssetsCurrent $1.20B USD Point-in-time
Total current assets AssetsCurrent $1.37B USD Point-in-time
Property, plant and equipment, at cost PropertyPlantAndEquipmentGross $4.41B USD Point-in-time
Property, plant and equipment, at cost PropertyPlantAndEquipmentGross $4.53B USD Point-in-time
Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.03B USD Point-in-time
Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $982.84M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.50B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.43B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $36.90M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $38.92M USD Point-in-time
Goodwill Goodwill $849.04M USD Point-in-time
Goodwill Goodwill $846.72M USD Point-in-time
Investment in joint venture EquityMethodInvestments $69.07M USD Point-in-time
Investment in joint venture EquityMethodInvestments $66.69M USD Point-in-time
Deferred income tax asset DeferredTaxAssetsNetNoncurrent $9.14M USD Point-in-time
Deferred income tax asset DeferredTaxAssetsNetNoncurrent $10.48M USD Point-in-time
Other long-term assets, net OtherAssetsNoncurrent $288.33M USD Point-in-time
Other long-term assets, net OtherAssetsNoncurrent $249.91M USD Point-in-time
Total assets Assets $6.08B USD Point-in-time
Total assets Assets $5.88B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $831.37M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $364.96M USD Point-in-time
Accounts payable AccountsPayableCurrent $528.38M USD Point-in-time
Accounts payable AccountsPayableCurrent $454.33M USD Point-in-time
Payable to related party DueToRelatedPartiesCurrent $6.74M USD Point-in-time
Payable to related party DueToRelatedPartiesCurrent $15.31M USD Point-in-time
Accrued interest payable InterestPayableCurrent $29.83M USD Point-in-time
Accrued interest payable InterestPayableCurrent $24.28M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $75.71M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $71.27M USD Point-in-time
Taxes other than income tax OtherAccruedTaxesCurrent $13.01M USD Point-in-time
Taxes other than income tax OtherAccruedTaxesCurrent $13.46M USD Point-in-time
Income tax payable AccruedIncomeTaxesCurrent $4.62M USD Point-in-time
Income tax payable AccruedIncomeTaxesCurrent $3.22M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.49B USD Point-in-time
Total current liabilities LiabilitiesCurrent $943.80M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $1.93B USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $1.69B USD Point-in-time
Long-term payable to related party DueToRelatedPartiesNoncurrent $14.50M USD Point-in-time
Long-term payable to related party DueToRelatedPartiesNoncurrent $13.67M USD Point-in-time
Deferred income tax liability DeferredTaxLiabilitiesNoncurrent $36.67M USD Point-in-time
Deferred income tax liability DeferredTaxLiabilitiesNoncurrent $35.44M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $95.05M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $86.14M USD Point-in-time
Commitments and contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Limited partners (70,756,078 common units outstanding as of March 31, 2012 and December 31, 2011) LimitedPartnersCapitalAccount $2.82B USD Point-in-time
Limited partners (70,756,078 common units outstanding as of March 31, 2012 and December 31, 2011) LimitedPartnersCapitalAccount $2.76B USD Point-in-time
General partner GeneralPartnersCapitalAccount $62.54M USD Point-in-time
General partner GeneralPartnersCapitalAccount $61.09M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-65.55M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-27.41M USD Point-in-time
Total NuStar Energy L.P. partners' equity PartnersCapital $2.85B USD Point-in-time
Total NuStar Energy L.P. partners' equity PartnersCapital $2.75B USD Point-in-time
Noncontrolling interest MinorityInterest $12.13M USD Point-in-time
Noncontrolling interest MinorityInterest $13.16M USD Point-in-time
Total partners equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.86B USD Point-in-time
Total partners equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.76B USD Point-in-time
Total partners equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.68B USD Point-in-time
Total partners equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.70B USD Point-in-time
Total liabilities and partners' equity LiabilitiesAndStockholdersEquity $6.08B USD Point-in-time
Total liabilities and partners' equity LiabilitiesAndStockholdersEquity $5.88B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Third parties ThirdPartyServiceRevenue $198.26M USD 1 Quarter
Third parties ThirdPartyServiceRevenue $205.45M USD 1 Quarter
Related party RevenueFromRelatedParties $130.00K USD 1 Quarter
Related party RevenueFromRelatedParties $697.00K USD 1 Quarter
Total service revenues SalesRevenueServicesNet $198.39M USD 1 Quarter
Total service revenues SalesRevenueServicesNet $206.15M USD 1 Quarter
Product sales SalesRevenueGoodsNet $1.53B USD 1 Quarter
Product sales SalesRevenueGoodsNet $1.04B USD 1 Quarter
Total revenues SalesRevenueNet $1.74B USD 1 Quarter
Total revenues SalesRevenueNet $1.23B USD 1 Quarter
Cost of product sales CostOfGoodsSold $992.37M USD 1 Quarter
Cost of product sales CostOfGoodsSold $1.49B USD 1 Quarter
Third parties OtherCostAndExpenseOperating $86.73M USD 1 Quarter
Third parties OtherCostAndExpenseOperating $85.13M USD 1 Quarter
Related party RelatedPartyOperatingExpenses $38.93M USD 1 Quarter
Related party RelatedPartyOperatingExpenses $35.11M USD 1 Quarter
Total operating expenses OperatingCostsAndExpenses $120.24M USD 1 Quarter
Total operating expenses OperatingCostsAndExpenses $125.67M USD 1 Quarter
Third parties OtherGeneralAndAdministrativeExpense $8.02M USD 1 Quarter
Third parties OtherGeneralAndAdministrativeExpense $9.04M USD 1 Quarter
Related party RelatedPartyGeneralAndAdministrativeExpense $19.17M USD 1 Quarter
Related party RelatedPartyGeneralAndAdministrativeExpense $16.95M USD 1 Quarter
Total general and administrative expenses GeneralAndAdministrativeExpense $27.19M USD 1 Quarter
Total general and administrative expenses GeneralAndAdministrativeExpense $25.98M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $40.30M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $44.68M USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.18B USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.69B USD 1 Quarter
Operating income OperatingIncomeLoss $48.32M USD 1 Quarter
Operating income OperatingIncomeLoss $55.73M USD 1 Quarter
Equity in earnings of joint venture IncomeLossFromEquityMethodInvestments $2.39M USD 1 Quarter
Equity in earnings of joint venture IncomeLossFromEquityMethodInvestments $2.39M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-20.46M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-22.35M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $1.37M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-5.50M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $32.16M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $29.73M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.65M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.47M USD 1 Quarter
Net income ProfitLoss $26.25M USD 1 Quarter
Net income ProfitLoss $28.52M USD 1 Quarter
Less net income (loss) attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $14.00K USD 1 Quarter
Less net income (loss) attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-97.00K USD 1 Quarter
Net income attributable to NuStar Energy L.P. NetIncomeLoss $26.35M USD 1 Quarter
Net income attributable to NuStar Energy L.P. NetIncomeLoss $28.50M USD 1 Quarter
Net income per unit applicable to limited partners (Note 11) NetIncomeLossPerOutstandingLimitedPartnershipUnit $0.23 USD 1 Quarter
Net income per unit applicable to limited partners (Note 11) NetIncomeLossPerOutstandingLimitedPartnershipUnit $0.30 USD 1 Quarter
Weighted-average limited partner units outstanding WeightedAverageLimitedPartnershipUnitsOutstanding 64.61M shares 1 Quarter
Weighted-average limited partner units outstanding WeightedAverageLimitedPartnershipUnitsOutstanding 70.76M shares 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-10.77M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $40.50M USD 1 Quarter
Less comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $566.00K USD 1 Quarter
Less comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.02M USD 1 Quarter
Comprehensive income (loss) attributable to NuStar Energy L.P. ComprehensiveIncomeNetOfTax $-11.79M USD 1 Quarter
Comprehensive income (loss) attributable to NuStar Energy L.P. ComprehensiveIncomeNetOfTax $39.93M USD 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $26.25M USD 1 Quarter
Net income ProfitLoss $28.52M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $40.30M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $44.68M USD 1 Quarter
Amortization of debt related items AmortizationOfFinancingCostsAndDiscounts $-1.97M USD 1 Quarter
Amortization of debt related items AmortizationOfFinancingCostsAndDiscounts $-2.91M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-551.00K USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-1.04M USD 1 Quarter
Equity in earnings of joint venture IncomeLossFromEquityMethodInvestments $2.39M USD 1 Quarter
Equity in earnings of joint venture IncomeLossFromEquityMethodInvestments $2.39M USD 1 Quarter
Distributions of equity in earnings of joint venture EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Distributions of equity in earnings of joint venture EquityMethodInvestmentDividendsOrDistributions $2.92M USD 1 Quarter
Changes in current assets and current liabilities (Note 12) IncreaseDecreaseInOperatingCapital $232.90M USD 1 Quarter
Changes in current assets and current liabilities (Note 12) IncreaseDecreaseInOperatingCapital $76.46M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-2.25M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-278.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-165.80M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-9.61M USD 1 Quarter
Reliability capital expenditures PaymentsForCapitalImprovements $7.37M USD 1 Quarter
Reliability capital expenditures PaymentsForCapitalImprovements $6.80M USD 1 Quarter
Strategic capital expenditures PaymentsToAcquireOtherPropertyPlantAndEquipment $65.87M USD 1 Quarter
Strategic capital expenditures PaymentsToAcquireOtherPropertyPlantAndEquipment $93.48M USD 1 Quarter
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $52.58M USD 1 Quarter
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Investment in other long-term assets PaymentsToAcquireOtherProductiveAssets $94.00K USD 1 Quarter
Investment in other long-term assets PaymentsToAcquireOtherProductiveAssets $636.00K USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-58.00K USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-164.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-100.21M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-126.40M USD 1 Quarter
Proceeds from long-term debt borrowings ProceedsFromIssuanceOfLongTermDebt $454.12M USD 1 Quarter
Proceeds from long-term debt borrowings ProceedsFromIssuanceOfLongTermDebt $343.68M USD 1 Quarter
Proceeds from short-term debt borrowings ProceedsFromShortTermDebt $56.43M USD 1 Quarter
Proceeds from short-term debt borrowings ProceedsFromShortTermDebt $31.60M USD 1 Quarter
Proceeds from senior note offering, net of issuance costs ProceedsFromIssuanceOfOtherLongTermDebt - USD 1 Quarter
Proceeds from senior note offering, net of issuance costs ProceedsFromIssuanceOfOtherLongTermDebt $247.41M USD 1 Quarter
Long-term debt repayments RepaymentsOfLongTermDebt $82.39M USD 1 Quarter
Long-term debt repayments RepaymentsOfLongTermDebt $453.94M USD 1 Quarter
Short-term debt repayments RepaymentsOfShortTermDebt $31.60M USD 1 Quarter
Short-term debt repayments RepaymentsOfShortTermDebt $56.43M USD 1 Quarter
Distributions to unitholders and general partner PaymentsOfDividends $89.08M USD 1 Quarter
Distributions to unitholders and general partner PaymentsOfDividends $79.62M USD 1 Quarter
Proceeds from (payments for) termination of interest rate swaps ProceedsPaymentFromTerminationOfInterestRateSwaps - USD 1 Quarter
Proceeds from (payments for) termination of interest rate swaps ProceedsPaymentFromTerminationOfInterestRateSwaps $-25.36M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-1.14M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-3.23M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $129.92M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $180.53M USD 1 Quarter
Effect of foreign exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $989.00K USD 1 Quarter
Effect of foreign exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $106.00K USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $20.20M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-110.68M USD 1 Quarter
Cash and cash equivalents as of the beginning of the period CashAndCashEquivalentsAtCarryingValue $70.44M USD Point-in-time
Cash and cash equivalents as of the beginning of the period CashAndCashEquivalentsAtCarryingValue $37.70M USD Point-in-time
Cash and cash equivalents as of the beginning of the period CashAndCashEquivalentsAtCarryingValue $17.50M USD Point-in-time
Cash and cash equivalents as of the beginning of the period CashAndCashEquivalentsAtCarryingValue $181.12M USD Point-in-time
Cash and cash equivalents as of the end of the period CashAndCashEquivalentsAtCarryingValue $70.44M USD Point-in-time
Cash and cash equivalents as of the end of the period CashAndCashEquivalentsAtCarryingValue $37.70M USD Point-in-time
Cash and cash equivalents as of the end of the period CashAndCashEquivalentsAtCarryingValue $17.50M USD Point-in-time
Cash and cash equivalents as of the end of the period CashAndCashEquivalentsAtCarryingValue $181.12M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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