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ONEOK Partners LP (OKS)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues          
Commodity sales  6,858.56,098.310,725.010,549.29,010.2   
Services  2,060.01,662.71,466.71,320.11,172.0   
    Total revenues  8,918.57,761.112,191.711,869.310,182.211,322.68,675.96,474.5
            Total revenues growth  14.9%-36.3%2.7%16.6%-10.1%30.5%34.0%-16.1%
Cost of sales and fuel (exclusive of items shown separately below)  6,496.15,641.110,088.510,222.28,540.39,745.27,531.05,355.2
Operations and maintenance  639.5609.1599.1464.6433.1414.5363.5361.6
Depreciation and amortization  388.6352.2291.2236.7203.1177.5173.7164.1
General taxes  88.083.170.656.949.544.9  
(Gain) loss on sale of assets  -9.9-6.1-6.611.96.7-1.018.62.7
    Operating income  1,316.1998.11,148.8900.7962.9939.5586.3546.6
            Operating margin  14.8%12.9%9.4%7.6%9.5%8.3%6.8%8.4%
Equity in net earnings from investments (Note I)  139.7125.3117.4110.5123.0127.2101.972.7
Allowance for equity funds used during construction  0.22.214.930.513.62.31.026.9
Interest expense  -366.8-338.9-281.9-236.7-206.0-223.1-204.3-206.0
    Income before income taxes  1,086.2602.0924.0814.8898.5843.5488.4447.7
Income taxes  -13.9-4.1-12.7-10.9-10.1-12.6-15.1-13.0
    Net income  1,072.3597.9911.3804.0888.4830.9473.3434.7
Less: Net income attributable to noncontrolling interests  5.58.31.00.40.40.60.60.3
    Net income attributable to ONEOK Partners, L.P.  1,066.8589.5910.3803.6888.0830.3472.7434.4
   
Limited partners' interest in net income:          
    Net income attributable to ONEOK Partners, L.P.  1,066.8589.5910.3803.6888.0830.3472.7434.4
General partner's interest in net income  -423.5-394.6-344.2-275.5-227.9-147.8-118.2-96.4
Limited partners' interest in net income  643.3195.0566.1528.1660.1682.5354.5337.9
   
Limited partners' net income per unit, basic and diluted (Note H)  $2.25$0.73$2.33$2.35$3.04$3.35$1.75$1.80
   
Number of units used in computation (thousands)  285.8267.3243.3224.7217.1203.8202.7187.6

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