10-K Filing

NUSTAR GP HOLDINGS, LLC CIK: 1223786 FY 2010

Filing Information

Form Type	10-K
Accession Number	`0001193125-11-047597`
Period End Date	20101231
Filing Date	20110225
Fiscal Year	2010
Fiscal Period	FY
XBRL Instance	nsh-20101231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 30 Cash Flow Statement 80 Stockholders Equity 30

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.24M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$10.64M	USD	Point-in-time
Receivable from NuStar Energy L.P.	`DueFromRelatedPartiesCurrent`	$10.35M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$5.80M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$795.00K	USD	Point-in-time
Other receivables	`OtherReceivablesCurrent`	$831.00K	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$1.20M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetCurrent`	$4.87M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$303.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$353.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.65M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$559.52M	USD	Point-in-time
Investment in NuStar Energy L.P.	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$566.68M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$7.66M	USD	Point-in-time
Long-term receivable from NuStar Energy L.P.	`DueFromRelatedPartiesNoncurrent`	$10.09M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$5.63M	USD	Point-in-time
Deferred income tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$6.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$605.23M	USD	Point-in-time
Total assets	`Assets`	$593.26M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$16.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$14.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$89.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$351.00K	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$24.73M	USD	Point-in-time
Accrued compensation expense	`EmployeeRelatedLiabilitiesCurrent`	$14.59M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$398.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$829.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$302.00K	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$1.06M	USD	Point-in-time
Taxes other than income tax	`OtherAccruedTaxesCurrent`	$848.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.92M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$24.13M	USD	Point-in-time
Employee benefit plan liabilities	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$21.20M	USD	Point-in-time
Members' equity	`MembersEquity`	$545.20M	USD	Point-in-time
Members' equity	`MembersEquity`	$540.99M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$471.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.99M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$553.79M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$541.46M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$538.21M	USD	Point-in-time
Total members' equity	`TotalMembersEquity`	$543.45M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$605.23M	USD	Point-in-time
Total liabilities and members' equity	`LiabilitiesAndStockholdersEquity`	$593.26M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$66.86M	USD	Annual
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$65.57M	USD	Annual
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$69.62M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.18M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.83M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.50M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$5.55M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$9.47M	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-379.00K	USD	Annual
Interest expense, net	`InterestExpenseDebt`	$214.00K	USD	Annual
Interest expense, net	`InterestExpenseDebt`	$1.11M	USD	Annual
Interest expense, net	`InterestExpenseDebt`	$363.00K	USD	Annual
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$67.26M	USD	Annual
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$66.20M	USD	Annual
Income before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxes`	$72.04M	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-834.00K	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-419.00K	USD	Annual
Income tax benefit	`IncomeTaxExpenseBenefit`	$-98.00K	USD	Annual
Net income	`NetIncomeLoss`	$72.46M	USD	Annual
Net income	`NetIncomeLoss`	$66.30M	USD	Annual
Net income	`NetIncomeLoss`	$68.10M	USD	Annual
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.56	USD	Annual
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.70	USD	Annual
Basic and diluted net income per unit	`EarningsPerShareBasic`	$1.60	USD	Annual
Weighted average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.51M	shares	Annual
Weighted average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.52M	shares	Annual
Weighted average number of basic units outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.50M	shares	Annual
Weighted average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.53M	shares	Annual
Weighted average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.51M	shares	Annual
Weighted average number of diluted units outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.50M	shares	Annual

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$72.46M	USD	Annual
Net income	`NetIncomeLoss`	$66.30M	USD	Annual
Net income	`NetIncomeLoss`	$68.10M	USD	Annual
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$66.86M	USD	Annual
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$65.57M	USD	Annual
Equity in earnings of NuStar Energy L.P.	`IncomeLossFromEquityMethodInvestments`	$69.62M	USD	Annual
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$69.45M	USD	Annual
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$65.75M	USD	Annual
Distributions of equity in earnings from NuStar Energy L.P.	`EquityMethodInvestmentDividendsOrDistributions`	$66.86M	USD	Annual
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$5.39M	USD	Annual
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	-	USD	Annual
Gain related to NuStar Energy L.P.'s issuance of limited partner units	`GainLossOnSaleOfPreviouslyUnissuedStockBySubsidiaryOrEquityInvesteeNonoperatingIncome`	$7.77M	USD	Annual
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-1.71M	USD	Annual
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$379.00K	USD	Annual
(Gain) loss on sale of NuStar Energy L.P. limited partner units in connection with unit-based compensation	`ShareBasedCompensation`	$-165.00K	USD	Annual
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$712.00K	USD	Annual
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-1.52M	USD	Annual
(Benefit) provision for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-2.48M	USD	Annual
Changes in current assets and liabilities (Note 8)	`IncreaseDecreaseInOperatingCapital`	$3.15M	USD	Annual
Changes in current assets and liabilities (Note 8)	`IncreaseDecreaseInOperatingCapital`	$-17.28M	USD	Annual
Changes in current assets and liabilities (Note 8)	`IncreaseDecreaseInOperatingCapital`	$-259.00K	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.10M	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	Annual
Increase in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$618.00K	USD	Annual
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-2.42M	USD	Annual
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-961.00K	USD	Annual
Increase in long-term receivable from NuStar Energy L.P.	`IncreaseDecreaseInDueFromRelatedPartiesNoncurrent`	$-1.02M	USD	Annual
(Decrease) increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$1.95M	USD	Annual
(Decrease) increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-2.66M	USD	Annual
(Decrease) increase in employee benefit plan liabilities	`IncreaseDecreaseInPensionAndPostretirementObligations`	$465.00K	USD	Annual
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$407.00K	USD	Annual
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$225.00K	USD	Annual
Other, net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$225.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$71.83M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$66.02M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.95M	USD	Annual
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$15.57M	USD	Annual
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	-	USD	Annual
Distributions in excess of equity in earnings from NuStar Energy L.P.	`DistributionsInExcessOfIncomeLossFromEquityMethodInvestments`	$10.84M	USD	Annual
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$22.42M	USD	Annual
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$11.04M	USD	Annual
Investment in NuStar Energy L.P.	`PaymentsToAcquireEquityMethodInvestments`	$8.24M	USD	Annual
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$15.85M	USD	Annual
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$1.53M	USD	Annual
Proceeds from sale of NuStar Energy L.P. units in connection with unit-based compensation	`ProceedsFromSaleOfEquityMethodInvestments`	$4.34M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$80.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.15M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$9.00M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.79M	USD	Annual
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	-	USD	Annual
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$5.20M	USD	Annual
Proceeds from short-term debt borrowings	`ProceedsFromShortTermDebt`	$14.30M	USD	Annual
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$5.00M	USD	Annual
Proceeds from long-term debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	Annual
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	Annual
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$3.50M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$1.50M	USD	Annual
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$6.50M	USD	Annual
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$73.32M	USD	Annual
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$64.18M	USD	Annual
Distributions to unitholders	`PaymentsOfDividendsCommonStock`	$77.59M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.68M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-75.89M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-65.52M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.42M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.93M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.45M	USD	Annual
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.79M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.24M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.79M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$371.00K	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.24M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Pension and other postretirement benefit plan adjustments, tax benefit (expense)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$-105.00K	USD	Annual
Pension and other postretirement benefit plan adjustments, tax benefit (expense)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$2.27M	USD	Annual
Pension and other postretirement benefit plan adjustments, tax benefit (expense)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$3.51M	USD	Annual
Balance	`TotalMembersEquity`	$553.79M	USD	Point-in-time
Balance	`TotalMembersEquity`	$541.46M	USD	Point-in-time
Balance	`TotalMembersEquity`	$538.21M	USD	Point-in-time
Balance	`TotalMembersEquity`	$543.45M	USD	Point-in-time
Net income	`NetIncomeLoss`	$72.46M	USD	Annual
Net income	`NetIncomeLoss`	$66.30M	USD	Annual
Net income	`NetIncomeLoss`	$68.10M	USD	Annual
Share of NuStar Energy L.P.'s other comprehensive income (loss)	`OtherComprehensiveIncomeLossShareOfEquityMethodInvestmentsIncreaseDecrease`	$-8.89M	USD	Annual
Share of NuStar Energy L.P.'s other comprehensive income (loss)	`OtherComprehensiveIncomeLossShareOfEquityMethodInvestmentsIncreaseDecrease`	$6.68M	USD	Annual
Share of NuStar Energy L.P.'s other comprehensive income (loss)	`OtherComprehensiveIncomeLossShareOfEquityMethodInvestmentsIncreaseDecrease`	$4.36M	USD	Annual
Pension and other postretirement benefit plan adjustments, net of tax benefit (expense)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$784.00K	USD	Annual
Pension and other postretirement benefit plan adjustments, net of tax benefit (expense)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.93M	USD	Annual
Pension and other postretirement benefit plan adjustments, net of tax benefit (expense)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-5.57M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$66.89M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$79.93M	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$53.48M	USD	Annual
Distributions to unitholders	`DividendsCommonStockCash`	$77.59M	USD	Annual
Distributions to unitholders	`DividendsCommonStockCash`	$73.32M	USD	Annual
Distributions to unitholders	`DividendsCommonStockCash`	$64.18M	USD	Annual
Charges related to NuStar Energy L.P.'s issuance of limited partner units	`StockholdersEquityOther`	$-757.00K	USD	Annual
Unit-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$918.00K	USD	Annual
Unit-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.19M	USD	Annual
Unit-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.12M	USD	Annual
Balance	`TotalMembersEquity`	$553.79M	USD	Point-in-time
Balance	`TotalMembersEquity`	$541.46M	USD	Point-in-time
Balance	`TotalMembersEquity`	$538.21M	USD	Point-in-time
Balance	`TotalMembersEquity`	$543.45M	USD	Point-in-time

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