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Magellan Midstream Partners$68.86$.35.51%

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Income Statement for Magellan Midstream Partners
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release
Net Sales or Revenues $2,507.66 $2,205.41 $2,188.45
Cost of Goods Sold $635.62 $493.34 $447.27
Gross Profit $1,872.04 $1,712.07 $1,741.18
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $622.70 $598.88 $610.75
Income Before Depreciation $1,249.34 $1,113.19 $1,130.43
       
Depreciation, Depletion, Amortization $196.63 $178.14 $166.81
Non-Operating Income $15.78 $37.75 $2.29
Interest Expense $195.13 $166.81 $144.45
Pretax Income $873.36 $805.99 $821.46
       
Provision for Income Taxes $3.83 $3.22 $2.34
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $869.53 $802.77 $819.12
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $869.53 $802.77 $819.12
       
Basic Earnings Per Share $3.81 $3.52 $3.60
Diluted Earnings Per Share $3.81 $3.52 $3.59
       
Weighted Average Basic Shares Outstanding 228.18 227.93 227.55
Weighted Average Diluted Shares Outstanding 228.34 228.06 227.89
       
Income Before Non-Recurring Items $869.53 $830.04 $768.45
Income From Non-Recurring Items $0.00 ($27.26) $50.68
Diluted Earnings Per Share before extras $3.81 $3.64 $3.37
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $803.22 $739.16 $662.95
Dividend Per Share (common) $3.52 $3.25 $2.92




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