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Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 455.746337890625 m 160.34130859375 455.746337890625 l s q 0 0 1 rg BT 120.25 457.15 Td (Fair) Tj ET Q q 0 0 1 rg BT 136.58 457.15 Td ( ) Tj ET Q q 0 0 1 rg BT 138.67 457.15 Td (V) Tj ET Q q 0 0 1 rg BT 144.34 457.15 Td (alue) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 99.00 445.15 Td (13.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 443.746337890625 m 224.90576171875 443.746337890625 l s q 0 0 1 rg BT 120.25 445.15 Td (Related Party ) Tj ET Q q 0 0 1 rg BT 175.57 445.15 Td (T) Tj ET Q q 0 0 1 rg BT 180.90 445.15 Td (ransactions) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 99.00 433.15 Td (14.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 431.746337890625 m 193.0234375 431.746337890625 l s q 0 0 1 rg BT 120.25 433.15 Td (Subsequent Events) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 421.15 Td (ITEM2.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 120.25 419.20 Td (MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 120.25 410.20 Td (RESULTS OF OPERATIONS) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 395.746337890625 m 137.09521484375 395.746337890625 l s q 0 0 1 rg BT 88.25 397.15 Td (Intr) Tj ET Q q 0 0 1 rg BT 103.59 397.15 Td (oduction) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 383.746337890625 m 170.97705078125 383.746337890625 l s q 0 0 1 rg BT 88.25 385.15 Td (Recent Developments) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 371.746337890625 m 171.24951171875 371.746337890625 l s q 0 0 1 rg BT 88.25 373.15 Td (Results of Operations) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 359.746337890625 m 182.2578125 359.746337890625 l s q 0 0 1 rg BT 88.25 361.15 Td (Distributable Cash Flow) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 347.746337890625 m 212.85693359375 347.746337890625 l s q 0 0 1 rg BT 88.25 349.15 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 1 rg BT 201.37 349.15 Td (ces) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 335.746337890625 m 215.2255859375 335.746337890625 l s q 0 0 1 rg BT 88.25 337.15 Td (Off-Balance Sheet ) Tj ET Q q 0 0 1 rg BT 159.74 337.15 Td (Arrangements) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 323.746337890625 m 146.0908203125 323.746337890625 l s q 0 0 1 rg BT 88.25 325.15 Td (Envir) Tj ET Q q 0 0 1 rg BT 110.09 325.15 Td (onmental) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 88.25 311.746337890625 m 134.8232421875 311.746337890625 l s q 0 0 1 rg BT 88.25 313.15 Td (Other) Tj ET Q q 0 0 1 rg BT 111.08 313.15 Td ( Items) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 301.15 Td (ITEM3.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 120.25 301.15 Td (QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 68.25 289.15 Td (ITEM4.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 120.25 289.15 Td (CONTROLS AND PROCEDURES) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 68.25 275.746337890625 m 181.99365234375 275.746337890625 l s q 0 0 1 rg BT 68.25 277.15 Td (Forward-Looking Statements) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 279.40 265.15 Td (P) Tj ET Q q 0 0 0 rg BT 284.23 265.15 Td (AR) Tj ET Q q 0 0 0 rg BT 296.91 265.15 Td (T) Tj ET Q q 0 0 0 rg BT 302.75 265.15 Td ( II) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 245.20 256.15 Td (OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 323.28 256.15 Td (TION) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 68.25 241.15 Td (ITEM 1.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 239.746337890625 m 219.5224609375 239.746337890625 l s q 0 0 1 rg BT 120.25 241.15 Td (LEGAL) Tj ET Q q 0 0 1 rg BT 151.26 241.15 Td ( PROCEEDINGS) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 229.15 Td (ITEM 1A.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 227.746337890625 m 186.68212890625 227.746337890625 l s q 0 0 1 rg BT 120.25 229.15 Td (RISK F) Tj ET Q q 0 0 1 rg BT 149.34 229.15 Td (ACT) Tj ET Q q 0 0 1 rg BT 168.18 229.15 Td (ORS) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 217.15 Td (ITEM 2.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 215.746337890625 m 438.326171875 215.746337890625 l s q 0 0 1 rg BT 120.25 217.15 Td (UNREGISTERED SALES OF) Tj ET Q q 0 0 1 rg BT 237.45 217.15 Td ( EQUITY) Tj ET Q q 0 0 1 rg BT 274.87 217.15 Td ( SECURITIES ) Tj ET Q q 0 0 1 rg BT 333.40 217.15 Td (AND USE OF) Tj ET Q q 0 0 1 rg BT 387.07 217.15 Td ( PROCEEDS) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 205.15 Td (ITEM 3.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 203.746337890625 m 288.04638671875 203.746337890625 l s q 0 0 1 rg BT 120.25 205.15 Td (DEF) Tj ET Q q 0 0 1 rg BT 137.58 205.15 Td (AUL) Tj ET Q q 0 0 1 rg BT 155.76 205.15 Td (TS UPON SENIOR SECURITIES) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 193.15 Td (ITEM 4.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 191.746337890625 m 247.9462890625 191.746337890625 l s q 0 0 1 rg BT 120.25 193.15 Td (MINE SAFETY) Tj ET Q q 0 0 1 rg BT 182.17 193.15 Td ( DISCLOSURES) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 181.15 Td (ITEM 5.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 179.746337890625 m 221.33740234375 179.746337890625 l s q 0 0 1 rg BT 120.25 181.15 Td (OTHER INFORMA) Tj ET Q q 0 0 1 rg BT 198.33 181.15 Td (TION) Tj ET Q BT /F2 9.00 Tf ET BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 68.25 169.15 Td (ITEM 6.) Tj ET Q BT /F2 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 120.25 167.746337890625 m 163.76904296875 167.746337890625 l s q 0 0 1 rg BT 120.25 169.15 Td (EXHIBITS) Tj ET Q BT /F2 9.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 155.45 Td () Tj ET Q BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 647.81005859375 m 523.25 647.81005859375 l s q 0 0 1 rg BT 518.75 649.01 Td (2) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 635.81005859375 m 523.25 635.81005859375 l s q 0 0 1 rg BT 518.75 637.01 Td (3) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 623.81005859375 m 523.25 623.81005859375 l s q 0 0 1 rg BT 518.75 625.01 Td (4) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 611.81005859375 m 523.25 611.81005859375 l s q 0 0 1 rg BT 518.75 613.01 Td (5) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 587.81005859375 m 523.25 587.81005859375 l s q 0 0 1 rg BT 518.75 589.01 Td (6) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 575.81005859375 m 523.25 575.81005859375 l s q 0 0 1 rg BT 518.75 577.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 518.75 563.81005859375 m 523.25 563.81005859375 l s q 0 0 1 rg BT 518.75 565.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.55 551.81005859375 m 523.216015625 551.81005859375 l s q 0 0 1 rg BT 514.55 553.01 Td (1) Tj ET Q q 0 0 1 rg BT 518.72 553.01 Td (1) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 514.25 541.01 Td (13) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 527.81005859375 m 523.25 527.81005859375 l s q 0 0 1 rg BT 514.25 529.01 Td (13) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 515.81005859375 m 523.25 515.81005859375 l s q 0 0 1 rg BT 514.25 517.01 Td (16) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 503.81005859375 m 523.25 503.81005859375 l s q 0 0 1 rg BT 514.25 505.01 Td (17) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 491.81005859375 m 523.25 491.81005859375 l s q 0 0 1 rg BT 514.25 493.01 Td (23) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 479.81005859375 m 523.25 479.81005859375 l s q 0 0 1 rg BT 514.25 481.01 Td (23) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 467.81005859375 m 523.25 467.81005859375 l s q 0 0 1 rg BT 514.25 469.01 Td (25) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 455.81005859375 m 523.25 455.81005859375 l s q 0 0 1 rg BT 514.25 457.01 Td (25) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 443.81005859375 m 523.25 443.81005859375 l s q 0 0 1 rg BT 514.25 445.01 Td (27) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 431.81005859375 m 523.25 431.81005859375 l s q 0 0 1 rg BT 514.25 433.01 Td (27) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 395.81005859375 m 523.25 395.81005859375 l s q 0 0 1 rg BT 514.25 397.01 Td (28) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 383.81005859375 m 523.25 383.81005859375 l s q 0 0 1 rg BT 514.25 385.01 Td (28) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 371.81005859375 m 523.25 371.81005859375 l s q 0 0 1 rg BT 514.25 373.01 Td (29) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 359.81005859375 m 523.25 359.81005859375 l s q 0 0 1 rg BT 514.25 361.01 Td (35) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 347.81005859375 m 523.25 347.81005859375 l s q 0 0 1 rg BT 514.25 349.01 Td (37) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 335.81005859375 m 523.25 335.81005859375 l s q 0 0 1 rg BT 514.25 337.01 Td (38) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 323.81005859375 m 523.25 323.81005859375 l s q 0 0 1 rg BT 514.25 325.01 Td (38) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 311.81005859375 m 523.25 311.81005859375 l s q 0 0 1 rg BT 514.25 313.01 Td (39) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 299.81005859375 m 523.25 299.81005859375 l s q 0 0 1 rg BT 514.25 301.01 Td (41) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 287.81005859375 m 523.25 287.81005859375 l s q 0 0 1 rg BT 514.25 289.01 Td (42) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 275.81005859375 m 523.25 275.81005859375 l s q 0 0 1 rg BT 514.25 277.01 Td (43) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 239.81005859375 m 523.25 239.81005859375 l s q 0 0 1 rg BT 514.25 241.01 Td (45) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 227.81005859375 m 523.25 227.81005859375 l s q 0 0 1 rg BT 514.25 229.01 Td (46) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 215.81005859375 m 523.25 215.81005859375 l s q 0 0 1 rg BT 514.25 217.01 Td (46) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 203.81005859375 m 523.25 203.81005859375 l s q 0 0 1 rg BT 514.25 205.01 Td (46) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 191.81005859375 m 523.25 191.81005859375 l s q 0 0 1 rg BT 514.25 193.01 Td (46) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 179.81005859375 m 523.25 179.81005859375 l s q 0 0 1 rg BT 514.25 181.01 Td (46) Tj ET Q BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET 0 0 1 RG /GS0 gs 0.44 w 0 i [] 0 d 1 J 1 j 3 M 514.25 167.81005859375 m 523.25 167.81005859375 l s q 0 0 1 rg BT 514.25 169.01 Td (47) Tj ET Q BT /F1 9.00 Tf ET endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.80 704.25 Td (P) Tj ET Q q 0 0 0 rg BT 286.17 704.25 Td (AR) Tj ET Q q 0 0 0 rg BT 300.26 704.25 Td (T) Tj ET Q q 0 0 0 rg BT 306.75 704.25 Td ( I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 230.80 692.25 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 286.92 692.25 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 337.56 692.25 Td (TION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.95 668.25 Td (ITEM 1. CONSOLIDA) Tj ET Q q 0 0 0 rg BT 273.44 668.25 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 352.62 668.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 366.61 668.25 Td (A) Tj ET Q q 0 0 0 rg BT 373.09 668.25 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 644.25 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 644.25 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 644.25 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 644.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.75 632.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 251.57 632.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 286.13 632.25 Td (A) Tj ET Q q 0 0 0 rg BT 292.60 632.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 357.52 632.25 Td ( INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.05 620.25 Td (\(In thousands, except per) Tj ET Q q 0 0 0 rg BT 319.66 620.25 Td ( unit amounts\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.15 608.25 Td (\(Unaudited\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 297.00 597.45 Td () Tj ET Q 1 1 1 rg /GS0 gs 80.00 322.95 230.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 560.95 m 363 560.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 560.95 m 367 560.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 560.95 m 413 560.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 560.95 m 463 560.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 560.95 m 467 560.95 l s 0 0 0 RG /GS0 gs 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382.95000000000005 m 463 382.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 382.95000000000005 m 513 382.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 292.95000000000005 m 363 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 292.95000000000005 m 413 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 292.95000000000005 m 463 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 292.95000000000005 m 513 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 292.95000000000005 m 363 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 292.95000000000005 m 463 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 292.95000000000005 m 513 292.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 262.95000000000005 m 363 262.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 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246.95000000000005 m 513 246.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 246.95000000000005 m 363 246.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 248.95000000000005 m 363 248.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 224.95000000000005 m 363 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 222.95000000000005 m 363 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 246.95000000000005 m 413 246.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 248.95000000000005 m 413 248.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 224.95000000000005 m 413 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 222.95000000000005 m 413 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 246.95000000000005 m 463 246.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 248.95000000000005 m 463 248.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 224.95000000000005 m 463 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 222.95000000000005 m 463 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 246.95000000000005 m 513 246.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 248.95000000000005 m 513 248.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 224.95000000000005 m 513 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 222.95000000000005 m 513 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 222.95000000000005 m 363 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 224.95000000000005 m 363 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 200.95000000000005 m 363 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 198.95000000000005 m 363 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 222.95000000000005 m 413 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 224.95000000000005 m 413 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 200.95000000000005 m 413 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 198.95000000000005 m 413 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 222.95000000000005 m 463 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 224.95000000000005 m 463 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 200.95000000000005 m 463 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 198.95000000000005 m 463 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 222.95000000000005 m 513 222.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 224.95000000000005 m 513 224.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 200.95000000000005 m 513 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 198.95000000000005 m 513 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 198.95000000000005 m 363 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 200.95000000000005 m 363 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 176.95000000000005 m 363 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 174.95000000000005 m 363 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 198.95000000000005 m 413 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 200.95000000000005 m 413 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 176.95000000000005 m 413 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 174.95000000000005 m 413 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 198.95000000000005 m 463 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 200.95000000000005 m 463 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 176.95000000000005 m 463 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 174.95000000000005 m 463 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 198.95000000000005 m 513 198.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 200.95000000000005 m 513 200.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 176.95000000000005 m 513 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 174.95000000000005 m 513 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 174.95000000000005 m 363 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 176.95000000000005 m 363 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 152.95000000000005 m 363 152.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 150.95000000000005 m 363 150.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 174.95000000000005 m 413 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 176.95000000000005 m 413 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 152.95000000000005 m 413 152.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367 150.95000000000005 m 413 150.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 174.95000000000005 m 463 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 176.95000000000005 m 463 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 152.95000000000005 m 463 152.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 150.95000000000005 m 463 150.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 174.95000000000005 m 513 174.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 176.95000000000005 m 513 176.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 152.95000000000005 m 513 152.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467 150.95000000000005 m 513 150.95000000000005 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.05 578.35 Td (Three Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.95 578.35 Td (Nine Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.50 565.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.55 565.35 Td (September 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.05 565.35 Td (September 30,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 82.50 552.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.00 552.18 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.50 552.18 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.50 552.18 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.50 552.18 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 537.41 Td (Transportation and terminals revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 218.75 537.21 Td (.......................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 312.50 537.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 537.41 Td (410,387) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.50 537.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 537.41 Td (413,433) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 537.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.50 537.41 Td (1,149,100) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 537.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.50 537.41 Td (1,175,748) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 522.41 Td (Product sales revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 162.50 522.21 Td (................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 522.41 Td (172,731) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 522.41 Td (133,356) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 522.41 Td (455,827) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 522.41 Td (403,607) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 507.41 Td (Affiliate management fee revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 205.25 507.21 Td (.............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 339.25 507.41 Td (3,557) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 389.25 507.41 Td (4,993) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 507.41 Td (10,478) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.75 507.41 Td (11,140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 118.50 492.41 Td (Total revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 169.25 492.21 Td (.............................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 492.41 Td (586,675) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 492.41 Td (551,782) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.50 492.41 Td (1,615,405) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.50 492.41 Td (1,590,495) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 477.41 Td (Costs and expenses:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 100.50 462.41 Td (Operating) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 137.75 462.21 Td (...........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 462.41 Td (147,349) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 462.41 Td (135,286) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 462.41 Td (396,374) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 462.41 Td (392,681) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 100.50 447.41 Td (Cost of product sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 178.25 447.21 Td (.........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 334.75 447.41 Td (85,522) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 447.41 Td (118,242) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 447.41 Td (316,208) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 447.41 Td (327,530) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 100.50 432.41 Td (Depreciation and amortization) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 212.00 432.21 Td (..........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 334.75 432.41 Td (42,043) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 432.41 Td (47,081) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 432.41 Td (124,180) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 432.41 Td (134,137) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 100.50 417.41 Td (General and administrative) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 198.50 417.21 Td (................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 334.75 417.41 Td (37,612) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 417.41 Td (35,800) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 417.41 Td (111,052) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 417.41 Td (111,216) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 118.50 402.41 Td (Total costs and expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 207.50 402.21 Td (............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 402.41 Td (312,526) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 402.41 Td (336,409) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 402.41 Td (947,814) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 402.41 Td (965,564) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 387.41 Td (Earnings of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 209.75 387.21 Td (...........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 334.75 387.41 Td (15,521) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 387.41 Td (18,576) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 387.41 Td (49,653) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.75 387.41 Td (51,543) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 372.41 Td (Operating profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.25 372.21 Td (.........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 372.41 Td (289,670) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 372.41 Td (233,949) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 372.41 Td (717,244) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 372.41 Td (676,474) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 357.41 Td (Interest expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.25 357.21 Td (.........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 334.75 357.41 Td (40,419) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 357.41 Td (50,163) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 357.41 Td (118,009) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 357.41 Td (142,573) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 342.41 Td (Interest income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 140.00 342.21 Td (..........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 343.00 342.41 Td (\(310) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 359.50 342.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.00 342.41 Td (\(302) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 342.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.00 342.41 Td (\(993) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.50 342.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.25 342.41 Td (\(1,067) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 509.50 342.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 327.41 Td (Interest capitalized) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 151.25 327.21 Td (.....................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.25 327.41 Td (\(3,984) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 359.50 327.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 327.41 Td (\(7,877) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 327.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.25 327.41 Td (\(9,037) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.50 327.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.75 327.41 Td (\(21,143) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 509.50 327.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 312.41 Td (Gain on exchange of interest in non-controlled entity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 312.21 Td (..............) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.50 312.41 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 400.50 312.41 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.50 312.41 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.75 312.41 Td (\(28,144) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 509.50 312.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 297.41 Td (Other expense \(income\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 169.25 297.21 Td (.............................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 339.25 297.41 Td (1,706) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 297.41 Td (\(3,324) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 409.50 297.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.25 297.41 Td (\(4,554) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.50 297.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.25 297.41 Td (\(7,519) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 509.50 297.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 282.41 Td (Income before provision for income taxes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 234.50 282.21 Td (................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 282.41 Td (251,839) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 282.41 Td (195,289) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 282.41 Td (613,819) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 282.41 Td (591,774) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 267.41 Td (Provision for income taxes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 180.50 267.21 Td (........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 346.00 267.41 Td (867) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.00 267.41 Td (738) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.25 267.41 Td (1,820) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.25 267.41 Td (2,294) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 142.50 252.41 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 185.00 252.21 Td (......................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 312.50 252.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 252.41 Td (250,972) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.50 252.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 252.41 Td (194,551) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 252.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 252.41 Td (611,999) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 252.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 252.41 Td (589,480) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 228.41 Td (Basic net income per limited partner unit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 230.00 228.21 Td (..................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 312.50 228.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 343.75 228.41 Td (1.10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.50 228.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.75 228.41 Td (0.85) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 228.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 228.41 Td (2.69) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 228.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.75 228.41 Td (2.59) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 204.41 Td (Diluted net income per limited partner unit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.00 204.21 Td (..............................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 312.50 204.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 343.75 204.41 Td (1.10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.50 204.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.75 204.41 Td (0.85) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 204.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 443.75 204.41 Td (2.69) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.50 204.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.75 204.41 Td (2.59) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 189.41 Td (W) Tj ET Q q 0 0 0 rg BT 90.27 189.41 Td (eighted average number of limited partner units outstanding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 91.50 180.41 Td (used for basic net income per unit calculation) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 255.19 184.49 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 180.21 Td (...................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 180.41 Td (227,580) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 180.41 Td (227,960) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 180.41 Td (227,540) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 180.41 Td (227,913) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 82.50 165.41 Td (W) Tj ET Q q 0 0 0 rg BT 90.27 165.41 Td (eighted average number of limited partner units outstanding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 91.50 156.41 Td (used for diluted net income per unit calculation) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 261.70 160.49 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 156.21 Td (................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.25 156.41 Td (227,945) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.25 156.41 Td (227,999) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.25 156.41 Td (227,702) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.25 156.41 Td (227,947) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 130.85 Td ( ) Tj ET Q q 0 0 0 rg BT 99.00 130.85 Td (\(1\) See Note 10) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 155.43 130.85 Td (Long-T) Tj ET Q q 0 0 0 rg BT 178.26 130.85 Td (erm Incentive Plan) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 239.12 130.85 Td ( for additional information regarding our weighted average unit calculations.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 213.25 76.85 Td (See notes to consolidated financial statements.) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 704.25 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 704.25 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 704.25 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 704.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 145.75 692.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 205.57 692.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 240.13 692.25 Td (A) Tj ET Q q 0 0 0 rg BT 246.60 692.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 311.52 692.25 Td ( COMPREHENSIVE INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.55 680.25 Td (\(Unaudited, in thousands\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 669.45 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 637.95 m 380.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 637.95 m 384.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 637.95 m 430.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 637.95 m 480.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 637.95 m 484.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 637.95 m 530.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 637.95 m 380.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 624.95 m 380.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 637.95 m 430.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 624.95 m 430.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 637.95 m 480.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 624.95 m 480.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 637.95 m 530.5 637.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 624.95 m 530.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 624.95 m 380.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 624.95 m 430.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 624.95 m 480.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 624.95 m 530.5 624.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 480.95 m 380.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 480.95 m 430.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 480.95 m 480.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 480.95 m 530.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 480.95 m 380.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 480.95 m 430.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 465.95 m 430.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 480.95 m 480.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 465.95 m 480.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 480.95 m 530.5 480.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 465.95 m 530.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 465.95 m 380.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 451.95 m 380.5 451.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 449.95 m 380.5 449.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 465.95 m 430.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 451.95 m 430.5 451.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 449.95 m 430.5 449.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 465.95 m 480.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 451.95 m 480.5 451.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 449.95 m 480.5 449.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 465.95 m 530.5 465.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 451.95 m 530.5 451.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 449.95 m 530.5 449.95 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 642.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.05 650.35 Td (Three Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.55 641.35 Td (September 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.45 650.35 Td (Nine Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.55 641.35 Td (September 30,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 629.21 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 629.35 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 629.35 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.00 629.35 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.00 629.35 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 614.41 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 108.25 614.21 Td (...................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.00 614.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.35 614.41 Td (250,972) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.00 614.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 397.35 614.41 Td (194,551) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.00 614.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.35 614.41 Td (611,999) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 487.00 614.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 497.35 614.41 Td (589,480) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 599.41 Td (Other comprehensive income:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 83.00 584.41 Td (Derivative activity:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 101.00 569.41 Td (Net loss on cash flow hedges) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 205.73 573.49 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 214.00 569.21 Td (....................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.40 569.41 Td (\(3,410) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.65 569.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.40 569.41 Td (\(3,169) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.65 569.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 448.90 569.41 Td (\(16,939) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.65 569.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.90 569.41 Td (\(24,278) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.65 569.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 101.00 555.41 Td (Reclassification of net loss on cash flow hedges to income) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 311.20 559.49 Td (\(1\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 319.48 555.41 Td ( ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 319.75 555.21 Td (.....) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.15 555.41 Td (388) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.15 555.41 Td (512) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.15 555.41 Td (976) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 506.40 555.41 Td (1,288) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 83.00 539.41 Td (Changes in employee benefit plan assets and benefit obligations) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 92.00 530.41 Td (recognized in other comprehensive income:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 101.00 515.41 Td (Amortization of prior service credit) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 228.95 519.49 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 236.50 515.21 Td (..........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.15 515.41 Td (\(928) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.65 515.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.15 515.41 Td (\(973) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.65 515.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.40 515.41 Td (\(2,784) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.65 515.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.40 515.41 Td (\(2,920) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.65 515.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 101.00 500.41 Td (Amortization of actuarial loss) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 208.22 504.49 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 216.25 500.21 Td (...................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.40 500.41 Td (1,798) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 406.40 500.41 Td (1,452) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.40 500.41 Td (5,393) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 506.40 500.41 Td (4,145) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 101.00 485.41 Td (Settlement cost) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 156.24 489.49 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 164.50 485.21 Td (..........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 367.65 485.41 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.15 485.41 Td (202) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.65 485.41 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.15 485.41 Td (202) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 113.00 470.41 Td (Total other comprehensive loss) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 225.25 470.21 Td (...............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.40 470.41 Td (\(2,152) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.65 470.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 403.40 470.41 Td (\(1,976) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.65 470.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 448.90 470.41 Td (\(13,354) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.65 470.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.90 470.41 Td (\(21,563) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 526.65 470.41 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 455.41 Td (Comprehensive income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 151.00 455.21 Td (................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.00 455.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 347.35 455.41 Td (248,820) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.00 455.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 397.35 455.41 Td (192,575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.00 455.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.35 455.41 Td (598,645) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 487.00 455.41 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 497.35 455.41 Td (567,917) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 432.85 Td (\(1\) See Note 8) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 135.93 432.85 Td (Derivative Financial Instruments) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.57 432.85 Td ( for details of the amount of gain/loss recognized in accumulated ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 423.25 Td (other comprehensive loss \(AOCL\) for derivative financial instruments and the amount of gain/loss reclassified ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 413.65 Td (from ) Tj ET Q q 0 0 0 rg BT 116.11 413.65 Td (AOCL) Tj ET Q q 0 0 0 rg BT 137.59 413.65 Td ( into income.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 395.05 Td (\(2\) See Note 6) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 135.93 395.05 Td (Employee Benefit Plans) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 212.35 395.05 Td ( for details of the changes in employee benefit plan assets and benefit ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 385.45 Td (obligations recognized in ) Tj ET Q q 0 0 0 rg BT 181.43 385.45 Td (AOCL.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 213.25 82.45 Td (See notes to consolidated financial statements.) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 704.25 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 704.25 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 704.25 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 704.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.40 692.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 270.22 692.25 Td (TED BALANCE SHEETS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.00 680.25 Td (\(In thousands\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 93.25 Td () Tj ET Q 1 1 1 rg /GS0 gs 65.75 456.75 318.00 -20.00 re f /GS0 gs 1 1 1 rg /GS0 gs 65.75 256.75 318.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 648.75 m 447.75 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 648.75 m 516.75 648.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 540.75 m 447.75 540.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 540.75 m 516.75 540.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 504.75 m 447.75 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 504.75 m 516.75 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 412.75 m 447.75 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 412.75 m 516.75 412.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 401.75 m 447.75 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 399.75 m 447.75 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 401.75 m 516.75 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 399.75 m 516.75 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 232.75 m 447.75 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 232.75 m 516.75 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 116.75 m 447.75 116.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 116.75 m 516.75 116.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 104.75 m 447.75 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 104.75 m 516.75 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 93.75 m 447.75 93.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.75 91.75 m 447.75 91.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 93.75 m 516.75 93.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 91.75 m 516.75 91.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.05 661.15 Td (December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.25 652.15 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.80 661.15 Td (September 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.25 652.15 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 207.45 640.15 Td (ASSETS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 640.15 Td (\(Unaudited\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 628.06 Td (Current assets:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 618.01 Td (Cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 182.25 618.01 Td (........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 618.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 618.01 Td (28,731) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.25 618.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 618.01 Td (291,097) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 605.21 Td (Trade accounts receivable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 180.00 605.01 Td (.........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 605.21 Td (83,893) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 605.21 Td (126,141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 592.01 Td (Other accounts receivable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 180.00 592.01 Td (.........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 592.01 Td (12,701) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 592.01 Td (24,867) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 580.01 Td (Inventory) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 121.50 580.01 Td (...................................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.00 580.01 Td (130,868) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 580.01 Td (123,011) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 568.01 Td (Energy commodity derivatives contracts, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 247.50 568.01 Td (...........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 568.01 Td (39,243) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 504.25 568.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 556.01 Td (Energy commodity derivatives deposits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 229.50 556.01 Td (...................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 556.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 556.01 Td (30,559) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 544.01 Td (Other current assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 159.75 544.01 Td (..................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 544.01 Td (43,418) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 544.01 Td (52,600) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.25 532.01 Td (Total current assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 175.50 532.01 Td (...........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.00 532.01 Td (338,854) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 532.01 Td (648,275) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 520.01 Td (Property, plant and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 177.75 520.01 Td (..........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 520.01 Td (6,166,766) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 520.01 Td (6,657,305) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 508.01 Td (Less: Accumulated depreciation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.50 508.01 Td (...............................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 508.01 Td (1,347,537) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 508.01 Td (1,471,263) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.25 496.01 Td (Net property, plant and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 229.50 496.01 Td (...................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 496.01 Td (4,819,229) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 496.01 Td (5,186,042) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 484.01 Td (Investments in non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.75 484.01 Td (..............................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.00 484.01 Td (765,628) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 484.01 Td (912,419) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 472.01 Td (Long-term receivables) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 150.75 472.01 Td (......................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 472.01 Td (20,374) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 472.01 Td (22,101) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 460.01 Td (Goodwill) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 103.50 460.01 Td (...........................................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 460.01 Td (53,260) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 460.01 Td (53,260) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 448.01 Td (Other intangibles \(less accumulated amortization of $13,709 and $2,010 at) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 77.25 439.06 Td (December31, 2015 and September 30, 2016, respectively\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 290.25 439.06 Td (........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.00 441.21 Td (1,856) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 441.21 Td (52,102) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 428.01 Td (Tank bottoms) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 119.25 428.01 Td (....................................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 428.01 Td (27,533) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 428.01 Td (35,429) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 416.01 Td (Other noncurrent assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 155.25 416.01 Td (....................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 416.01 Td (14,833) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 416.01 Td (10,157) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.25 404.01 Td (Total assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.25 404.01 Td (........................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 404.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 404.01 Td (6,041,567) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.25 404.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 404.01 Td (6,919,785) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 139.00 380.15 Td (LIABILITIES AND PARTNERS CAPITAL) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 368.01 Td (Current liabilities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 356.01 Td (Accounts payable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 150.75 356.01 Td (......................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 356.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.00 356.01 Td (104,094) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.25 356.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 356.01 Td (101,012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 344.01 Td (Accrued payroll and benefits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 191.25 344.01 Td (....................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 344.01 Td (51,764) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 344.01 Td (39,039) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 332.01 Td (Accrued interest payable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 177.75 332.01 Td (..........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 332.01 Td (51,296) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 332.01 Td (48,903) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 320.01 Td (Accrued taxes other than income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.75 320.01 Td (..............................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 320.01 Td (51,587) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 320.01 Td (53,702) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 308.01 Td (Environmental liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 175.50 308.01 Td (...........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 308.01 Td (15,679) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 308.01 Td (11,711) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 296.01 Td (Deferred revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 150.75 296.01 Td (......................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 296.01 Td (81,627) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 296.01 Td (98,818) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 284.01 Td (Accrued product purchases) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 184.50 284.01 Td (.......................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 284.01 Td (31,339) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 284.01 Td (25,156) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 272.01 Td (Energy commodity derivatives contracts, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 247.50 272.01 Td (...........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 272.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 272.01 Td (12,430) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 260.01 Td (Energy commodity derivatives deposits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 229.50 260.01 Td (...................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 260.01 Td (24,252) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 504.25 260.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 248.01 Td (Current portion of long-term debt, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 222.75 248.01 Td (......................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.00 248.01 Td (250,335) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 248.01 Td (250,020) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 236.01 Td (Other current liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 171.00 236.01 Td (.............................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 236.01 Td (51,099) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 236.01 Td (43,058) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.25 224.01 Td (Total current liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 186.75 224.01 Td (......................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 415.00 224.01 Td (713,072) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.00 224.01 Td (683,849) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 212.01 Td (Long-term debt, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 141.75 212.01 Td (..........................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 212.01 Td (3,189,287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 212.01 Td (4,073,502) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 200.01 Td (Long-term pension and benefits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 184.50 200.01 Td (.......................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 200.01 Td (77,551) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 200.01 Td (70,416) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 188.01 Td (Other noncurrent liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 166.50 188.01 Td (...............................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 188.01 Td (24,162) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 188.01 Td (29,408) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 176.01 Td (Environmental liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 157.50 176.01 Td (...................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.50 176.01 Td (15,759) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.50 176.01 Td (14,078) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 164.01 Td (Commitments and contingencies) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 152.01 Td (Partners capital:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 140.01 Td (Limited partner unitholders \(227,427 units and 227,784 units outstanding at) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 95.25 131.06 Td (December 31, 2015 and September 30, 2016, respectively\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 308.25 131.06 Td (................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 133.21 Td (2,118,086) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 133.21 Td (2,166,445) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 120.01 Td (Accumulated other comprehensive loss) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 229.50 120.01 Td (...................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.50 120.01 Td (\(96,350) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 444.25 120.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 481.00 120.01 Td (\(117,913) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.25 120.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.25 108.01 Td (Total partners capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 184.50 108.01 Td (.......................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 108.01 Td (2,021,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 108.01 Td (2,048,532) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.25 96.01 Td (Total liabilities and partners capital) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 234.00 96.01 Td (.................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.25 96.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.25 96.01 Td (6,041,567) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.25 96.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.25 96.01 Td (6,919,785) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 213.25 71.65 Td (See notes to consolidated financial statements.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 704.25 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 704.25 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 704.25 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 704.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 179.65 692.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 239.47 692.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 274.02 692.25 Td (A) Tj ET Q q 0 0 0 rg BT 280.50 692.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 345.42 692.25 Td ( CASH FLOWS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.55 680.25 Td (\(Unaudited, in thousands\)) Tj ET Q 1 1 1 rg /GS0 gs 63.50 540.75 342.00 -11.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 649.75 m 466.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 649.75 m 470.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 649.75 m 531.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 649.75 m 466.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 639.75 m 466.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 649.75 m 531.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 639.75 m 531.5 639.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 397.75 m 466.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 397.75 m 531.5 397.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 318.75 m 466.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 318.75 m 531.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 230.75 m 466.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 230.75 m 531.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 219.75 m 466.5 219.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 219.75 m 531.5 219.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 197.75 m 466.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 197.75 m 531.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 187.75 m 466.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 185.75 m 466.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 187.75 m 531.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 185.75 m 531.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 114.75 m 466.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 114.75 m 531.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 114.75 m 466.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 104.75 m 466.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 102.75 m 466.5 102.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 114.75 m 531.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 104.75 m 531.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 102.75 m 531.5 102.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.45 661.20 Td (Nine Months Ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.55 651.20 Td (September 30,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 641.20 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.50 641.20 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 631.06 Td (Operating Activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 620.06 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 127.50 620.06 Td (..........................................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 620.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.75 620.06 Td (611,999) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.00 620.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.75 620.06 Td (589,480) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 609.06 Td (Adjustments to reconcile net income to net cash provided by operating activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 598.06 Td (Depreciation and amortization expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 244.50 598.06 Td (......................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.75 598.06 Td (124,180) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.75 598.06 Td (134,137) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 587.06 Td (Loss on sale and retirement of assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.50 587.06 Td (..........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 587.06 Td (4,378) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 587.06 Td (5,397) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 576.06 Td (Earnings of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 228.75 576.06 Td (.............................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 576.06 Td (\(49,653) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 576.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 576.06 Td (\(51,543) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 576.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 565.06 Td (Distributions of earnings from investments in non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.25 565.06 Td (.......................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.25 565.06 Td (47,236) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.25 565.06 Td (50,047) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 554.06 Td (Equity-based incentive compensation expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.25 554.06 Td (...........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.25 554.06 Td (15,226) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.25 554.06 Td (14,737) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 543.06 Td (Settlement cost, amortization of prior service credit and actuarial loss) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 352.50 543.06 Td (......................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 543.06 Td (2,609) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 543.06 Td (1,427) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 532.06 Td (Gain on exchange of interest in non-controlled entity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.00 532.06 Td (................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 454.00 532.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 532.06 Td (\(28,144) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 532.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.00 521.06 Td (Changes in operating assets and liabilities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 510.06 Td (Trade accounts receivable and other accounts receivable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.00 510.06 Td (................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 510.06 Td (\(24,601) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 510.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 510.06 Td (\(49,014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 510.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 499.06 Td (Inventory) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 161.25 499.06 Td (...........................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.25 499.06 Td (22,581) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 499.06 Td (7,857) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 488.06 Td (Energy commodity derivatives contracts, net of derivatives deposits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 370.50 488.06 Td (..............) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 488.06 Td (\(11,402) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 488.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 514.50 488.06 Td (637) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 477.06 Td (Accounts payable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 190.50 477.06 Td (..............................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.25 477.06 Td (12,226) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 477.06 Td (5,850) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 466.06 Td (Accrued payroll and benefits) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 231.00 466.06 Td (............................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.50 466.06 Td (452) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 466.06 Td (\(12,725) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 466.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 455.06 Td (Accrued interest payable) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 217.50 455.06 Td (..................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.50 455.06 Td (\(841) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 455.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 504.75 455.06 Td (\(2,393) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 455.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 444.06 Td (Accrued taxes other than income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 244.50 444.06 Td (......................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 444.06 Td (6,334) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 444.06 Td (2,115) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 433.06 Td (Accrued product purchases) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 224.25 433.06 Td (...............................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 433.06 Td (\(23,947) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 433.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 504.75 433.06 Td (\(6,183) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 433.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 422.06 Td (Deferred revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 190.50 422.06 Td (..............................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 422.06 Td (4,141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.25 422.06 Td (17,191) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 411.06 Td (Current and noncurrent environmental liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 300.75 411.06 Td (.............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.75 411.06 Td (\(4,864) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 411.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 504.75 411.06 Td (\(5,649) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 411.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 126.00 400.06 Td (Other current and noncurrent assets and liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.25 400.06 Td (...........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 400.06 Td (\(11,950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 400.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 400.06 Td (\(34,229) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 400.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 144.00 389.06 Td (Net cash provided by operating activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.75 389.06 Td (.................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.75 389.06 Td (724,104) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.75 389.06 Td (638,995) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 378.06 Td (Investing Activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 367.01 Td (Additions to property) Tj ET Q q 0 0 0 rg BT 160.91 367.01 Td (, plant and equipment, net) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 254.38 371.09 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 262.50 367.01 Td (..............................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 367.01 Td (\(431,260) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 367.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 367.01 Td (\(517,810) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 367.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 354.06 Td (Proceeds from sale and disposition of assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 244.50 354.06 Td (......................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 354.06 Td (3,178) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 354.06 Td (6,098) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 343.06 Td (Acquisition of business) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 170.25 343.06 Td (.......................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 343.06 Td (\(54,678) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 343.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.00 343.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 332.06 Td (Investments in non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 222.00 332.06 Td (................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 332.06 Td (\(133,373) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 332.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 332.06 Td (\(174,900) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 332.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 321.06 Td (Distributions in excess of earnings of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.00 321.06 Td (............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 321.06 Td (9,341) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 321.06 Td (4,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 144.00 310.06 Td (Net cash used by investing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 276.00 310.06 Td (........................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 310.06 Td (\(606,792) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 310.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 310.06 Td (\(682,112) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 310.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 299.06 Td (Financing Activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 288.06 Td (Distributions paid) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 150.00 288.06 Td (................................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 288.06 Td (\(489,535) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 288.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 288.06 Td (\(548,388) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 288.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 277.06 Td (Net commercial paper repayments) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 208.50 277.06 Td (......................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 277.06 Td (\(69,976) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 277.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 277.06 Td (\(244,963) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 277.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 266.06 Td (Borrowings under long-term notes) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 208.50 266.06 Td (......................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.75 266.06 Td (499,589) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 492.00 266.06 Td (1,142,997) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 255.06 Td (Debt placement costs) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 161.25 255.06 Td (...........................................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.75 255.06 Td (\(4,754) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 255.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 255.06 Td (\(10,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 255.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 244.06 Td (Net payment on financial derivatives) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 217.50 244.06 Td (..................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 244.06 Td (\(42,908) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 244.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 244.06 Td (\(19,287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 244.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 233.06 Td (Settlement of tax withholdings on long-term incentive compensation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.25 233.06 Td (...............................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.25 233.06 Td (\(17,784) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 233.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.25 233.06 Td (\(14,376) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 233.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 144.00 222.06 Td (Net cash provided \(used\) by financing activities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.50 222.06 Td (......................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 222.06 Td (\(125,368) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 222.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.75 222.06 Td (305,483) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 211.06 Td (Change in cash and cash equivalents) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 199.50 211.06 Td (..........................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.75 211.06 Td (\(8,056) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 211.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.75 211.06 Td (262,366) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 200.06 Td (Cash and cash equivalents at beginning of period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 244.50 200.06 Td (......................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.25 200.06 Td (17,063) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.25 200.06 Td (28,731) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 189.06 Td (Cash and cash equivalents at end of period) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.75 189.06 Td (.................................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 189.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 189.06 Td (9,007) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.00 189.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.75 189.06 Td (291,097) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 170.06 Td (Supplemental non-cash investing and financing activities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.00 159.06 Td (Contribution of property, plant and equipment to a non-controlled entity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 339.00 159.06 Td (............................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 159.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.25 159.06 Td (13,252) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.00 159.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 519.00 159.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.00 148.06 Td (Issuance of limited partner units in settlement of equity-based incentive plan awards) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.75 148.06 Td (.........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 148.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 148.06 Td (8,045) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.00 148.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.75 148.06 Td (7,092) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 66.00 134.09 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 72.82 130.01 Td ( ) Tj ET Q q 0 0 0 rg BT 79.07 130.01 Td (Additions to property) Tj ET Q q 0 0 0 rg BT 155.98 130.01 Td (, plant and equipment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.50 130.01 Td (..........................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 130.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 130.01 Td (\(439,721) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 130.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.00 130.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 130.01 Td (\(514,205) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 130.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.00 117.06 Td (Changes in accounts payable and other current liabilities related to capital expenditures) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.00 117.06 Td (....) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.75 117.06 Td (8,461) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 504.75 117.06 Td (\(3,605) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 117.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 78.00 106.06 Td (Additions to property, plant and equipment, net) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 249.00 106.06 Td (....................................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 408.00 106.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.75 106.06 Td (\(431,260) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 463.00 106.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.00 106.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.75 106.06 Td (\(517,810) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 528.00 106.06 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 213.25 82.65 Td (See notes to consolidated financial statements.) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 166.30 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 202.52 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 209.01 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 279.11 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 358.29 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 372.28 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 378.76 684.00 Td (TEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (1. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 647.10 Td (Organization, Description of Business and Basis of Pr) Tj ET Q q 0 0 0 rg BT 313.67 647.10 Td (esentation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 629.10 Td (Or) Tj ET Q q 0 0 0 rg BT 96.24 629.10 Td (ganization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 612.10 Td (Unless indicated otherwise, the terms our) Tj ET Q q 0 0 0 rg BT 256.55 612.10 Td (, we, us and similar language refer to Magellan Midstream ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 600.10 Td (Partners, L.P) Tj ET Q q 0 0 0 rg BT 113.83 600.10 Td (. together with its subsidiaries. ) Tj ET Q q 0 0 0 rg BT 238.36 600.10 Td (W) Tj ET Q q 0 0 0 rg BT 246.99 600.10 Td (e are a Delaware limited partnership and our limited partner units are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 588.10 Td (traded on the New ) Tj ET Q q 0 0 0 rg BT 138.71 588.10 Td (Y) Tj ET Q q 0 0 0 rg BT 144.93 588.10 Td (ork Stock Exchange under the ticker symbol MMP) Tj ET Q q 0 0 0 rg BT 351.84 588.10 Td (. Magellan GP) Tj ET Q q 0 0 0 rg BT 413.21 588.10 Td (, LLC, a wholly-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 576.10 Td (Delaware limited liability company) Tj ET Q q 0 0 0 rg BT 204.25 576.10 Td (, serves as our general partner) Tj ET Q q 0 0 0 rg BT 323.09 576.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 552.10 Td (Description of Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 528.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 528.10 Td (e are principally engaged in the transportation, storage and distribution of refined petroleum products and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 516.10 Td (crude oil. ) Tj ET Q q 0 0 0 rg BT 105.21 516.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.66 516.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.92 516.10 Td (, our asset portfolio, including the assets of our joint ventures, consisted of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 492.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 492.10 Td (our refined products segment, comprised of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.72 492.10 Td (9,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.22 492.10 Td (-mile refined products pipeline system with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.85 492.10 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.85 492.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 480.10 Td (terminals as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.09 480.10 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.09 480.10 Td ( independent terminals not connected to our pipeline system and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.85 480.10 Td (1,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.35 480.10 Td (-mile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 468.10 Td (ammonia pipeline system; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 444.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 444.10 Td (our crude oil segment, comprised of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.16 444.10 Td (2,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.66 444.10 Td ( miles of crude oil pipelines and storage facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 432.10 Td (with an aggregate storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.86 432.10 Td (23 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.25 432.10 Td ( barrels, of which approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.98 432.10 Td (15 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.37 432.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 420.10 Td (barrels are used for leased storage; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 396.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 396.10 Td (our marine storage segment, consisting of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.68 396.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.23 396.10 Td ( marine terminals located along coastal waterways with an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 384.10 Td (aggregate storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.64 384.10 Td (26 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.03 384.10 Td ( barrels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 360.10 Td (T) Tj ET Q q 0 0 0 rg BT 86.41 360.10 Td (erminology common in our industry includes the following terms, which describe products that we transport, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 348.10 Td (store and distribute through our pipelines and terminals:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 324.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 324.10 Td (r) Tj ET Q q 0 0 0 rg BT 102.52 324.10 Td (efined pr) Tj ET Q q 0 0 0 rg BT 137.97 324.10 Td (oducts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.58 324.10 Td (are the output from refineries and are primarily used as fuels by consumers. Refined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 312.10 Td (products include gasoline, diesel fuel, aviation fuel, kerosene and heating oil. Collectively) Tj ET Q q 0 0 0 rg BT 461.02 312.10 Td (, diesel fuel and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 300.10 Td (heating oil are referred to as distillates; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 276.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 276.10 Td (liquefied petr) Tj ET Q q 0 0 0 rg BT 152.23 276.10 Td (oleum gases, or LPGs,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.06 276.10 Td ( are produced as by-products of the crude oil refining process and in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 264.10 Td (connection with natural gas production. LPGs include butane and propane;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 240.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 240.10 Td (blendstocks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.16 240.10 Td (are blended with refined products to change or enhance their characteristics such as increasing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 228.10 Td (a gasoline) Tj ET Q q 0 0 0 rg BT 142.04 228.10 Td (s octane or oxygen content. Blendstocks include alkylates, oxygenates and natural gasoline;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 204.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 204.10 Td (heavy oils and feedstocks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.36 204.10 Td ( are used as burner fuels or feedstocks for further processing by refineries and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 192.10 Td (petrochemical facilities. Heavy oils and feedstocks include No.6 fuel oil and vacuum gas oil;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 168.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 168.10 Td (crude oil and condensate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.31 168.10 Td (are used as feedstocks by refineries and petrochemical facilities;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 144.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 144.10 Td (biofuels) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.67 144.10 Td (, such as ethanol and biodiesel, are increasingly required by government mandates; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 120.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 99.00 120.10 Td (ammonia ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.72 120.10 Td (is primarily used as a nitrogen fertilizer) Tj ET Q q 0 0 0 rg BT 295.89 120.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 96.10 Td (Except for ammonia, we use the term ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 215.17 96.10 Td (petr) Tj ET Q q 0 0 0 rg BT 230.91 96.10 Td (oleum pr) Tj ET Q q 0 0 0 rg BT 266.36 96.10 Td (oducts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.47 96.10 Td ( to describe any) Tj ET Q q 0 0 0 rg BT 354.86 96.10 Td (, or a combination, of the above-noted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 84.10 Td (products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 72.10 Td () Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (7) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 659.10 Td (Basis of Pr) Tj ET Q q 0 0 0 rg BT 129.58 659.10 Td (esentation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 635.10 Td (In the opinion of management, our accompanying consolidated financial statements which are unaudited, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 623.10 Td (except for the consolidated balance sheet as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.25 623.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.84 623.10 Td (, which is derived from our audited financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 611.10 Td (statements, include all normal and recurring adjustments necessary to present fairly our financial position as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 599.10 Td (, the results of operations for the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.88 599.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.09 599.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.92 599.10 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.18 599.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.62 599.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.62 599.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 587.10 Td (cash flows for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.87 587.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.08 587.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.91 587.10 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.17 587.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.61 587.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.61 587.10 Td (. ) Tj ET Q q 0 0 0 rg BT 341.93 587.10 Td (The results of operations for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.45 587.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.67 587.10 Td ( months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 575.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.38 575.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.64 575.10 Td ( are not necessarily indicative of the results to be expected for the full year ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 563.10 Td (December31, 2016 for several reasons. Profits from our butane blending activities are realized lar) Tj ET Q q 0 0 0 rg BT 457.95 563.10 Td (gely during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 551.10 Td (first and fourth quarters of each year) Tj ET Q q 0 0 0 rg BT 208.49 551.10 Td (. ) Tj ET Q q 0 0 0 rg BT 215.44 551.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 265.34 551.10 Td (, gasoline demand, which drives transportation volumes and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 539.10 Td (revenues on our pipeline systems, generally trends higher during the summer driving months. Further) Tj ET Q q 0 0 0 rg BT 470.85 539.10 Td (, the volatility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 527.10 Td (of commodity prices impacts the profits from our commodity activities and, to a lesser extent, the volume of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 515.10 Td (petroleum products we transport on our pipelines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 491.10 Td (Pursuant to the rules and regulations of the Securities and Exchange Commission, the financial statements in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 479.10 Td (this report do not include all of the information and notes normally included with financial statements prepared in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 467.10 Td (accordance with U.S. generally accepted accounting principles \(GAAP\). ) Tj ET Q q 0 0 0 rg BT 364.08 467.10 Td (These financial statements should be read ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 455.10 Td (in conjunction with the audited consolidated financial statements and notes thereto included in our ) Tj ET Q q 0 0 0 rg BT 458.45 455.10 Td (Annual Report on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 443.10 Td (Form 10-K for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.18 443.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.77 443.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 419.10 Td (Use of Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 395.10 Td (The preparation of our consolidated financial statements in conformity with GAAP) Tj ET Q q 0 0 0 rg BT 419.32 395.10 Td ( requires management to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 383.10 Td (make estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 220.84 383.10 Td (fect the reported amounts of assets and liabilities and disclosure of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 371.10 Td (contingent assets and liabilities that exist at the date of our consolidated financial statements, as well as their impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 359.10 Td (on the reported amounts of revenue and expense during the reporting periods. ) Tj ET Q q 0 0 0 rg BT 375.41 359.10 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 468.82 359.10 Td (fer from those ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 347.10 Td (estimates.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 323.10 Td (New ) Tj ET Q q 0 0 0 rg BT 105.60 323.10 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 163.27 323.10 Td (onouncements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 299.10 Td (In March 2016, the Financial ) Tj ET Q q 0 0 0 rg BT 203.81 299.10 Td (Accounting Standards Board \(F) Tj ET Q q 0 0 0 rg BT 334.43 299.10 Td (ASB\) issued ) Tj ET Q q 0 0 0 rg BT 391.10 299.10 Td (Accounting Standards Update ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 287.10 Td (\(ASU\) 2016-09, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 139.37 287.10 Td (Compensation - Stock Compensation \(T) Tj ET Q q 0 0 0 rg BT 297.89 287.10 Td (opic 718\): Impr) Tj ET Q q 0 0 0 rg BT 363.34 287.10 Td (ovements to Employee Shar) Tj ET Q q 0 0 0 rg BT 473.77 287.10 Td (e-Based ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 275.10 Td (Payment ) Tj ET Q q 0 0 0 rg BT 100.30 275.10 Td (Accounting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.85 275.10 Td (, which is part of the F) Tj ET Q q 0 0 0 rg BT 235.37 275.10 Td (ASB) Tj ET Q q 0 0 0 rg BT 257.60 275.10 Td (s initiative to simplify accounting standards. ) Tj ET Q q 0 0 0 rg BT 437.11 275.10 Td (The guidance requires ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 263.10 Td (an entity to make an entity-wide accounting policy election to either estimate the number of awards that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 251.10 Td (expected to vest or account for forfeitures when they occur) Tj ET Q q 0 0 0 rg BT 298.33 251.10 Td (, and allows equity classification for awards where ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 239.10 Td (employees elect to withhold up to the maximum statutory tax rates in the applicable jurisdictions. ) Tj ET Q q 0 0 0 rg BT 457.45 239.10 Td (The new standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 227.10 Td (also requires cash paid by employers when directly withholding shares for tax withholding purposes to be classified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 215.10 Td (as a financing activity in the statement of cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 191.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 191.10 Td (e elected to early adopt ) Tj ET Q q 0 0 0 rg BT 188.82 191.10 Td (ASU 2016-09 during the first quarter of 2016, and this adoption did not have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 179.10 Td (material impact on our consolidated financial statements. In conjunction with our adoption of this new accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 167.10 Td (standard, we have elected to account for equity-based compensation forfeitures as they occur) Tj ET Q q 0 0 0 rg BT 434.24 167.10 Td (. ) Tj ET Q q 0 0 0 rg BT 438.69 167.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 488.59 167.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 155.10 Td (consistent with our prior accounting policy) Tj ET Q q 0 0 0 rg BT 234.26 155.10 Td (, we continue to show cash paid when directly withholding shares for tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 143.10 Td (withholding purposes as a financing activity in our statements of cash flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 119.10 Td (In February 2016, the F) Tj ET Q q 0 0 0 rg BT 179.46 119.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 228.37 119.10 Td (ASU 2016-02, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 289.20 119.10 Td (Leases \(T) Tj ET Q q 0 0 0 rg BT 326.90 119.10 Td (opic 842\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.44 119.10 Td (This ) Tj ET Q q 0 0 0 rg BT 392.17 119.10 Td (ASU requires lessees to recognize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 107.10 Td (a right of use asset and lease liability on the balance sheet for all leases, with the exception of short-term leases. ) Tj ET Q q 0 0 0 rg BT 514.33 107.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 95.10 Td (new accounting model for lessors remains lar) Tj ET Q q 0 0 0 rg BT 244.43 95.10 Td (gely the same, although some changes have been made to align it with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 83.10 Td (the new lessee model and the new revenue recognition guidance. ) Tj ET Q q 0 0 0 rg BT 327.17 83.10 Td (This update also requires companies to include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 71.10 Td (additional disclosures regarding their lessee and lessor agreements. Public companies are required to adopt the ) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 659.10 Td (standard for financial reporting periods that start after December 15, 2018, although early adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 516.01 659.10 Td (W) Tj ET Q q 0 0 0 rg BT 524.65 659.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (are currently in the process of evaluating the impact this new standard will have on our financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 623.10 Td (In May 2014, the F) Tj ET Q q 0 0 0 rg BT 166.20 623.10 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 215.10 623.10 Td (ASU 2014-09, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 275.93 623.10 Td (Revenue fr) Tj ET Q q 0 0 0 rg BT 318.59 623.10 Td (om Contracts with Customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.77 623.10 Td (which eliminates the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 611.10 Td (industry-specific guidance in U.S. GAAP) Tj ET Q q 0 0 0 rg BT 228.71 611.10 Td ( and produces a single, principles-based method for companies to report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.10 Td (revenue in their financial statements. ) Tj ET Q q 0 0 0 rg BT 215.26 599.10 Td (This standard requires companies to make more estimates and use more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 587.10 Td (judgment than under current guidance. In addition, all companies must compile more extensive footnote disclosures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 575.10 Td (about how the revenue numbers were derived. ) Tj ET Q q 0 0 0 rg BT 252.47 575.10 Td (This ) Tj ET Q q 0 0 0 rg BT 272.20 575.10 Td (ASU requires full retrospective, modified retrospective or use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 563.10 Td (the cumulative ef) Tj ET Q q 0 0 0 rg BT 132.23 563.10 Td (fect method during the period of adoption. In July 2015, the F) Tj ET Q q 0 0 0 rg BT 381.45 563.10 Td (ASB extended the ef) Tj ET Q q 0 0 0 rg BT 464.30 563.10 Td (fective date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 551.10 Td (this standard from January 1, 2017 to January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 285.56 551.10 Td (W) Tj ET Q q 0 0 0 rg BT 294.20 551.10 Td (e are currently in the process of evaluating the impact this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 539.10 Td (new standard will have on our financial statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 503.10 Td (2. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 503.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 91.37 503.10 Td (oduct Sales Revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 486.10 Td (The amounts reported as product sales revenue on our consolidated statements of income include revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 474.10 Td (from the physical sale of petroleum products and mark-to-market adjustments from New ) Tj ET Q q 0 0 0 rg BT 419.75 474.10 Td (Y) Tj ET Q q 0 0 0 rg BT 425.97 474.10 Td (ork Mercantile Exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 462.10 Td (\(NYMEX\) contracts. See Note 8 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 215.17 462.10 Td (Derivative Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.48 462.10 Td ( for a discussion of our commodity hedging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 450.10 Td (strategies and how our NYMEX contracts impact product sales revenue. ) Tj ET Q q 0 0 0 rg BT 356.80 450.10 Td (All of the petroleum products inventory we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 438.10 Td (physically sell associated with our butane blending and fractionation activities, as well as the barrels from product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 426.10 Td (gains we obtain from our operations, are reported as product sales revenue on our consolidated statements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 414.10 Td (income. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 393.10 Td (For the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.53 393.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.75 393.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.57 393.10 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.84 393.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.28 393.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.28 393.10 Td (, product sales revenue included the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 381.10 Td (following \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 164.10 381.10 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 341.6 m 338.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 341.6 m 342.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 341.6 m 387.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 341.6 m 438.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 341.6 m 442.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 341.6 m 488.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 341.6 m 338.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 328.6 m 338.5 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 341.6 m 387.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 328.6 m 387.5 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 341.6 m 438.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 328.6 m 438.5 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 341.6 m 488.5 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 328.6 m 488.5 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 328.6 m 338.5 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 328.6 m 387.5 328.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 298.6 m 438.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 298.6 m 488.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 298.6 m 338.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 284.6 m 338.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 282.6 m 338.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 298.6 m 387.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 284.6 m 387.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 282.6 m 387.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 298.6 m 438.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 284.6 m 438.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 282.6 m 438.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 298.6 m 488.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 284.6 m 488.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 282.6 m 488.5 282.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.10 353.73 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.75 353.73 Td (Nine Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.10 343.73 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.60 343.73 Td (September 30,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.00 332.86 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.00 332.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 332.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.00 332.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.00 332.83 Td (2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.00 318.06 Td (Physical sale of petroleum products) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.25 317.86 Td (...............................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 295.00 318.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.75 318.06 Td (100,829) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 345.00 318.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.75 318.06 Td (146,006) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 318.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 405.75 318.06 Td (403,395) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.00 318.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.75 318.06 Td (412,045) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.00 303.06 Td (Change in value of NYMEX contracts) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 228.25 302.86 Td (...........................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.25 303.06 Td (71,902) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 356.25 303.06 Td (\(12,650) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.00 303.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.25 303.06 Td (52,432) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.75 303.06 Td (\(8,438) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.00 303.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 90.00 288.06 Td (Total product sales revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 190.00 287.86 Td (............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 295.00 288.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 305.75 288.06 Td (172,731) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 345.00 288.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.75 288.06 Td (133,356) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 288.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 405.75 288.06 Td (455,827) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.00 288.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.75 288.06 Td (403,607) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 252.90 Td (3. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 252.90 Td (Segment Disclosur) Tj ET Q q 0 0 0 rg BT 159.98 252.90 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 228.90 Td (Our reportable segments are strategic business units that of) Tj ET Q q 0 0 0 rg BT 322.86 228.90 Td (fer dif) Tj ET Q q 0 0 0 rg BT 347.39 228.90 Td (ferent products and services. Our segments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 216.90 Td (are managed separately as each segment requires dif) Tj ET Q q 0 0 0 rg BT 272.44 216.90 Td (ferent marketing strategies and business knowledge. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 204.90 Td (Management evaluates performance based on segment operating mar) Tj ET Q q 0 0 0 rg BT 339.65 204.90 Td (gin, which includes revenue from af) Tj ET Q q 0 0 0 rg BT 483.86 204.90 Td (filiates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 192.90 Td (external customers, operating expenses, cost of product sales and earnings of non-controlled entities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 171.90 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 171.90 Td (e believe that investors benefit from having access to the same financial measures used by management. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 159.90 Td (Operating mar) Tj ET Q q 0 0 0 rg BT 120.85 159.90 Td (gin, which is presented in the following tables, is an important measure used by management to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 147.90 Td (evaluate the economic performance of our core operations. Operating mar) Tj ET Q q 0 0 0 rg BT 358.80 147.90 Td (gin is not a GAAP) Tj ET Q q 0 0 0 rg BT 432.32 147.90 Td ( measure, but the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 135.90 Td (components of operating mar) Tj ET Q q 0 0 0 rg BT 180.29 135.90 Td (gin are computed using amounts that are determined in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 496.58 135.90 Td (. ) Tj ET Q q 0 0 0 rg BT 503.53 135.90 Td (A) Tj ET Q q 0 0 0 rg BT 510.20 135.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 123.90 Td (reconciliation of operating mar) Tj ET Q q 0 0 0 rg BT 186.94 123.90 Td (gin to operating profit, which is its nearest comparable GAAP) Tj ET Q q 0 0 0 rg BT 434.84 123.90 Td ( financial measure, is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 111.90 Td (included in the tables below) Tj ET Q q 0 0 0 rg BT 174.54 111.90 Td (. Operating profit includes depreciation and amortization expense and general and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 99.90 Td (administrative \(G&A\) expense that management does not consider when evaluating the core profitability of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 87.90 Td (separate operating segments.) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.50 51.60 Td (9) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 652.5 m 285.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 652.5 m 289.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 652.5 m 344.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 652.5 m 348.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 652.5 m 403.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 652.5 m 407.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 652.5 m 462.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 652.5 m 466.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 652.5 m 521.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 618.5 m 285.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 618.5 m 344.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 618.5 m 403.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 618.5 m 462.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 618.5 m 521.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 618.5 m 285.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 618.5 m 344.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 618.5 m 403.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 618.5 m 462.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 573.5 m 285.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 573.5 m 344.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 573.5 m 403.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 573.5 m 462.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 573.5 m 521.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 513.5 m 285.5 513.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 513.5 m 344.5 513.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 513.5 m 403.5 513.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 513.5 m 462.5 513.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 513.5 m 521.5 513.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 468.5 m 285.5 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 468.5 m 344.5 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 468.5 m 403.5 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 468.5 m 462.5 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 468.5 m 521.5 468.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 454.5 m 285.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 452.5 m 285.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 454.5 m 344.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 452.5 m 344.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 454.5 m 403.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 452.5 m 403.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 454.5 m 462.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 452.5 m 462.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 454.5 m 521.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 452.5 m 521.5 452.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 656.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.75 656.73 Td (Three Months Ended September 30, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 643.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.15 643.73 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 622.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.15 630.73 Td (Refined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.20 622.73 Td (Products) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.25 622.73 Td (Crude Oil) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.80 630.73 Td (Marine) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.35 622.73 Td (Storage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.80 630.73 Td (Intersegment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.70 622.73 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.75 622.73 Td (Total) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 609.76 Td (Transportation and terminals revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.25 609.76 Td (...........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 233.00 607.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 607.96 Td (264,156) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.00 607.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.75 607.96 Td (101,122) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 607.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 607.96 Td (45,109) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.00 607.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 607.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.00 607.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 607.96 Td (410,387) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 594.76 Td (Product sales revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.00 594.76 Td (....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 592.96 Td (171,775) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.00 592.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.50 592.96 Td (956) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 592.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 592.96 Td (172,731) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 579.76 Td (Affiliate management fee revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 188.75 579.76 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 273.00 577.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.75 577.96 Td (3,211) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.50 577.96 Td (346) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 577.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 497.75 577.96 Td (3,557) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 564.76 Td (Total revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 134.75 564.76 Td (.........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 562.96 Td (435,931) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.75 562.96 Td (104,333) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 562.96 Td (46,411) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 562.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 562.96 Td (586,675) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 549.76 Td (Operating expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 137.00 549.76 Td (........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 547.96 Td (108,972) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 547.96 Td (24,572) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 547.96 Td (14,700) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 547.96 Td (\(895) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.00 547.96 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 547.96 Td (147,349) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 534.76 Td (Cost of product sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 143.75 534.76 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 532.96 Td (85,341) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.00 532.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.50 532.96 Td (181) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 532.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.25 532.96 Td (85,522) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 519.76 Td (Losses \(earnings\) of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 222.50 519.76 Td (..) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 273.00 517.96 Td (48) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.25 517.96 Td (\(14,906) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.00 517.96 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 383.50 517.96 Td (\(663) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 400.00 517.96 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 517.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.25 517.96 Td (\(15,521) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.00 517.96 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 502.96 Td (Operating margin) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.25 502.76 Td (...................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 502.96 Td (241,570) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 502.96 Td (94,667) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 502.96 Td (32,193) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.50 502.96 Td (895) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 502.96 Td (369,325) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 489.76 Td (Depreciation and amortization expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 206.75 489.76 Td (.........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 487.96 Td (24,333) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.75 487.96 Td (9,502) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.75 487.96 Td (7,313) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.50 487.96 Td (895) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.25 487.96 Td (42,043) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 474.76 Td (G&A expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 121.25 474.76 Td (...............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 472.96 Td (22,238) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.75 472.96 Td (9,818) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.75 472.96 Td (5,556) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 472.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.25 472.96 Td (37,612) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 457.96 Td (Operating profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 143.75 457.76 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 233.00 457.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 457.96 Td (194,999) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.00 457.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 457.96 Td (75,347) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 457.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 457.96 Td (19,324) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.00 457.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 457.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.00 457.96 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 457.96 Td (289,670) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 443.20 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 419.70000000000005 m 285.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 419.70000000000005 m 289.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 419.70000000000005 m 344.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 419.70000000000005 m 348.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 419.70000000000005 m 403.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 419.70000000000005 m 407.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 419.70000000000005 m 462.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 419.70000000000005 m 466.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 419.70000000000005 m 521.5 419.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 385.70000000000005 m 285.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 385.70000000000005 m 344.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 385.70000000000005 m 403.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 385.70000000000005 m 462.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 385.70000000000005 m 521.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 385.70000000000005 m 285.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 385.70000000000005 m 344.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 385.70000000000005 m 403.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 385.70000000000005 m 462.5 385.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 340.70000000000005 m 285.5 340.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 340.70000000000005 m 344.5 340.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 340.70000000000005 m 403.5 340.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 340.70000000000005 m 462.5 340.70000000000005 l s 0 0 0 RG /GS0 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235.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 235.70000000000005 m 521.5 235.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 221.70000000000005 m 285.5 221.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230.5 219.70000000000005 m 285.5 219.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 221.70000000000005 m 344.5 221.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 219.70000000000005 m 344.5 219.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 221.70000000000005 m 403.5 221.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 219.70000000000005 m 403.5 219.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 221.70000000000005 m 462.5 221.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 219.70000000000005 m 462.5 219.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 221.70000000000005 m 521.5 221.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 219.70000000000005 m 521.5 219.70000000000005 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 423.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.75 423.93 Td (Three Months Ended September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 410.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.15 410.93 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 389.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.15 397.93 Td (Refined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.20 389.93 Td (Products) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.25 389.93 Td (Crude Oil) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.80 397.93 Td (Marine) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.35 389.93 Td (Storage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.80 397.93 Td (Intersegment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.70 389.93 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.75 389.93 Td (Total) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 376.96 Td (Transportation and terminals revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.25 376.96 Td (...........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 233.00 375.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 375.16 Td (267,339) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.00 375.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.75 375.16 Td (100,113) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 375.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 375.16 Td (46,182) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.00 375.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 375.16 Td (\(201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.00 375.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.00 375.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 375.16 Td (413,433) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 361.96 Td (Product sales revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.00 361.96 Td (....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 360.16 Td (105,834) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 360.16 Td (24,750) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.75 360.16 Td (2,772) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 360.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 360.16 Td (133,356) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 346.96 Td (Affiliate management fee revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 188.75 346.96 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 268.50 345.16 Td (218) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.75 345.16 Td (4,416) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.50 345.16 Td (359) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 345.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 497.75 345.16 Td (4,993) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 331.96 Td (Total revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 134.75 331.96 Td (.........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 330.16 Td (373,391) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 311.75 330.16 Td (129,279) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 330.16 Td (49,313) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 330.16 Td (\(201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.00 330.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 330.16 Td (551,782) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 316.96 Td (Operating expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 137.00 316.96 Td (........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 315.16 Td (95,776) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 315.16 Td (24,628) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 315.16 Td (16,374) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.75 315.16 Td (\(1,492) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.00 315.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 315.16 Td (135,286) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 301.96 Td (Cost of product sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 143.75 301.96 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 300.16 Td (93,761) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 300.16 Td (24,108) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.50 300.16 Td (373) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 300.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 300.16 Td (118,242) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 286.96 Td (Losses \(earnings\) of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 222.50 286.96 Td (..) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 268.50 285.16 Td (272) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.25 285.16 Td (\(18,180) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.00 285.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 383.50 285.16 Td (\(668) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 400.00 285.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 285.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 490.25 285.16 Td (\(18,576) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 518.00 285.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 270.16 Td (Operating margin) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.25 269.96 Td (...................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 270.16 Td (183,582) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 270.16 Td (98,723) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 270.16 Td (33,234) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.75 270.16 Td (1,291) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 270.16 Td (316,830) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 256.96 Td (Depreciation and amortization expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 206.75 256.96 Td (.........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 255.16 Td (28,432) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.75 255.16 Td (9,333) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.75 255.16 Td (8,025) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.75 255.16 Td (1,291) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.25 255.16 Td (47,081) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 241.96 Td (G&A expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 121.25 241.96 Td (...............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 240.16 Td (22,993) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 320.75 240.16 Td (8,493) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.75 240.16 Td (4,314) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 240.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.25 240.16 Td (35,800) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 225.16 Td (Operating profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 143.75 224.96 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 233.00 225.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 252.75 225.16 Td (132,157) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 292.00 225.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 225.16 Td (80,897) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 225.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 225.16 Td (20,895) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 410.00 225.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 225.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 469.00 225.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 225.16 Td (233,949) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) 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Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 486.96 Td (71,742) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 486.96 Td (25,995) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 486.96 Td (23,604) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.75 486.96 Td (2,839) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 486.96 Td (124,180) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 473.76 Td (G&A expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 121.25 473.76 Td (...............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 471.96 Td (68,730) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.25 471.96 Td (26,935) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 375.25 471.96 Td (15,387) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.00 471.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 471.96 Td (111,052) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 84.00 456.96 Td (Operating profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 143.75 456.76 Td (.....................................) 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0 i [] 0 d 0 J 0 j 3 M 409.75 379.70000000000005 m 464.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 379.70000000000005 m 523.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 379.70000000000005 m 287.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 379.70000000000005 m 346.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 379.70000000000005 m 405.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 379.70000000000005 m 464.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 379.70000000000005 m 523.75 379.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 334.70000000000005 m 287.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 334.70000000000005 m 346.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 334.70000000000005 m 405.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 334.70000000000005 m 464.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 334.70000000000005 m 523.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 334.70000000000005 m 287.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 334.70000000000005 m 346.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 334.70000000000005 m 405.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 334.70000000000005 m 464.75 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 274.70000000000005 m 287.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 274.70000000000005 m 346.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 274.70000000000005 m 405.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 274.70000000000005 m 464.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 274.70000000000005 m 523.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 274.70000000000005 m 287.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 274.70000000000005 m 346.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 274.70000000000005 m 405.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 274.70000000000005 m 464.75 274.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 229.70000000000005 m 287.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 229.70000000000005 m 346.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 229.70000000000005 m 405.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 229.70000000000005 m 464.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 229.70000000000005 m 523.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 229.70000000000005 m 287.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 215.70000000000005 m 287.75 215.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.75 213.70000000000005 m 287.75 213.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 229.70000000000005 m 346.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 215.70000000000005 m 346.75 215.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.75 213.70000000000005 m 346.75 213.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 229.70000000000005 m 405.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 215.70000000000005 m 405.75 215.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.75 213.70000000000005 m 405.75 213.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 229.70000000000005 m 464.75 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 215.70000000000005 m 464.75 215.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.75 213.70000000000005 m 464.75 213.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 215.70000000000005 m 523.75 215.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.75 213.70000000000005 m 523.75 213.70000000000005 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.25 417.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.15 417.93 Td (Nine Months Ended September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.25 404.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.40 404.93 Td (\(in thousands\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.25 383.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 246.40 391.93 Td (Refined) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.45 383.93 Td (Products) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.50 383.93 Td (Crude Oil) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.05 391.93 Td (Marine) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.60 383.93 Td (Storage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.05 391.93 Td (Intersegment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.95 383.93 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.00 383.93 Td (Total) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 370.96 Td (Transportation and terminals revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.50 370.96 Td (...........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.25 369.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.00 369.16 Td (739,931) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.25 369.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.00 369.16 Td (303,181) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 369.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 373.00 369.16 Td (132,837) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.25 369.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 444.75 369.16 Td (\(201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 369.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.25 369.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.25 369.16 Td (1,175,748) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 355.96 Td (Product sales revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.25 355.96 Td (....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.00 354.16 Td (372,061) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.50 354.16 Td (26,465) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.00 354.16 Td (5,081) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 354.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 354.16 Td (403,607) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 340.96 Td (Affiliate management fee revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 191.00 340.96 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.75 339.16 Td (422) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 323.00 339.16 Td (9,686) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.00 339.16 Td (1,032) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 339.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.50 339.16 Td (11,140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 325.96 Td (Total revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 137.00 325.96 Td (.........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 248.25 324.16 Td (1,112,414) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.00 324.16 Td (339,332) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 373.00 324.16 Td (138,950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 444.75 324.16 Td (\(201) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 324.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.25 324.16 Td (1,590,495) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 310.96 Td (Operating expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 139.25 310.96 Td (........................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.00 309.16 Td (280,261) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.50 309.16 Td (66,370) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.50 309.16 Td (49,897) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.00 309.16 Td (\(3,847) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 461.25 309.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 309.16 Td (392,681) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 295.96 Td (Cost of product sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.00 295.96 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.00 294.16 Td (300,009) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.50 294.16 Td (26,469) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.00 294.16 Td (1,052) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 294.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 294.16 Td (327,530) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 280.96 Td (Losses \(earnings\) of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 224.75 280.96 Td (..) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.75 279.16 Td (352) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 315.50 279.16 Td (\(49,870) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 343.25 279.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.00 279.16 Td (\(2,025) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 402.25 279.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 279.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 492.50 279.16 Td (\(51,543) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 520.25 279.16 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 264.16 Td (Operating margin) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 150.50 263.96 Td (...................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.00 264.16 Td (531,792) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.00 264.16 Td (296,363) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.50 264.16 Td (90,026) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.00 264.16 Td (3,646) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 264.16 Td (921,827) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 250.96 Td (Depreciation and amortization expense) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 209.00 250.96 Td (.........) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 259.50 249.16 Td (78,523) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.50 249.16 Td (28,264) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.50 249.16 Td (23,704) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.00 249.16 Td (3,646) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 249.16 Td (134,137) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.25 235.96 Td (G&A expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 123.50 235.96 Td (...............................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 259.50 234.16 Td (68,852) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.50 234.16 Td (27,419) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.50 234.16 Td (14,945) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 234.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 234.16 Td (111,216) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.25 219.16 Td (Operating profit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.00 218.96 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.25 219.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.00 219.16 Td (384,417) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.25 219.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.00 219.16 Td (240,680) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 353.25 219.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 377.50 219.16 Td (51,377) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.25 219.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.25 219.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.25 219.16 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 219.16 Td (676,474) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.15 51.60 Td (1) Tj ET Q q 0 0 0 rg BT 296.78 51.60 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 659.25 Td (4. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 659.25 Td (Investments in Non-Contr) Tj ET Q q 0 0 0 rg BT 196.99 659.25 Td (olled Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 635.25 Td (Our investments in non-controlled entities at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.07 635.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.34 635.25 Td ( were comprised of:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 161 598.75 m 384 598.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388 598.75 m 459 598.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.30 602.98 Td (Entity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.10 610.98 Td (Ownership) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.70 602.98 Td (Interest) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 588.21 Td (BridgeTex Pipeline Company, LLC \(BridgeTex\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 588.21 Td (50%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 573.21 Td (Double Eagle Pipeline LLC \(Double Eagle\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 573.21 Td (50%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 558.21 Td (HoustonLink Pipeline Company, LLC \(HoustonLink\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 558.21 Td (50%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 543.21 Td (Powder Springs Logistics, LLC \(Powder Springs\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 543.21 Td (50%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 528.21 Td (Saddlehorn Pipeline Company, LLC \(Saddlehorn\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 528.21 Td (40%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 513.21 Td (Seabrook Logistics, LLC \(Seabrook\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 513.21 Td (50%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 163.50 498.21 Td (Texas Frontera, LLC \(Texas Frontera\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.75 498.21 Td (50%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 470.25 Td (In February 2016, we transferred our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.22 470.25 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.55 470.25 Td ( membership interest in Osage Pipe Line Company) Tj ET Q q 0 0 0 rg BT 462.03 470.25 Td (, LLC \(Osage\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 458.25 Td (to an af) Tj ET Q q 0 0 0 rg BT 92.80 458.25 Td (filiate of HollyFrontier Corporation. In conjunction with this transaction, we entered into several ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 446.25 Td (commercial agreements with af) Tj ET Q q 0 0 0 rg BT 188.60 446.25 Td (filiates of HollyFrontier Corporation. ) Tj ET Q q 0 0 0 rg BT 342.28 446.25 Td (W) Tj ET Q q 0 0 0 rg BT 350.92 446.25 Td (e recorded these commercial agreements as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 434.25 Td ($43.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.89 434.25 Td ( of intangible assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.48 434.25 Td ($8.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.37 434.25 Td ( of other receivables in our consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 489.66 434.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 422.25 Td (intangible assets will be amortized over the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.78 422.25 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.78 422.25 Td (-year life of the contracts received. ) Tj ET Q q 0 0 0 rg BT 392.97 422.25 Td (The total gain recorded in 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 410.25 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.05 410.25 Td ($28.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.94 410.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 386.25 Td (The management fees we have recognized from BridgeT) Tj ET Q q 0 0 0 rg BT 316.70 386.25 Td (ex, Osage, Powder Springs, Saddlehorn and ) Tj ET Q q 0 0 0 rg BT 494.55 386.25 Td (T) Tj ET Q q 0 0 0 rg BT 499.96 386.25 Td (exas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 374.25 Td (Frontera are reported as af) Tj ET Q q 0 0 0 rg BT 168.32 374.25 Td (filiate management fee revenue on our consolidated statements of income. In addition, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 362.25 Td (receive reimbursement from certain of our joint ventures for costs incurred during construction, which we included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 350.25 Td (as reductions to costs and expenses on our consolidated statements of income. ) Tj ET Q q 0 0 0 rg BT 379.97 350.25 Td (These construction cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 338.25 Td (reimbursements totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.08 338.25 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.98 338.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.41 338.25 Td ($2.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.31 338.25 Td ( during the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.55 338.25 Td (nine months ended September 30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.86 338.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 326.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 110.66 326.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 302.25 Td (W) Tj ET Q q 0 0 0 rg BT 98.64 302.25 Td (e recognized pipeline capacity lease revenue from BridgeT) Tj ET Q q 0 0 0 rg BT 333.66 302.25 Td (ex of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.43 302.25 Td ($8.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.32 302.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.76 302.25 Td ($8.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 302.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.02 302.25 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 290.25 Td (months ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.59 290.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.03 290.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.03 290.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 293.69 290.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.63 290.25 Td ($25.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.52 290.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.96 290.25 Td ($26.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.85 290.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.23 290.25 Td (nine months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 278.25 Td (ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.64 278.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.08 278.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.08 278.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 261.74 278.25 Td (, which we included in transportation and terminals revenue on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 266.25 Td (consolidated statements of income. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 242.25 Td (W) Tj ET Q q 0 0 0 rg BT 98.64 242.25 Td (e recognized throughput revenue from Double Eagle of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.44 242.25 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.33 242.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.77 242.25 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.66 242.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.04 242.25 Td (three months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 230.25 Td (ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.64 230.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.08 230.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.08 230.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 261.74 230.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.68 230.25 Td ($2.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.57 230.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.01 230.25 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.90 230.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.28 230.25 Td (nine months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 218.25 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 218.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.70 218.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.70 218.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 235.36 218.25 Td (, which we included in transportation and terminals revenue on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 206.25 Td (consolidated statements of income. ) Tj ET Q q 0 0 0 rg BT 207.97 206.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.47 206.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.05 206.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.49 206.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.75 206.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 451.41 206.25 Td (, we recognized a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 194.25 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.89 194.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.33 194.25 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.22 194.25 Td ( trade accounts receivable from Double Eagle. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 170.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 170.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.76 170.25 Td (, we recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.29 170.25 Td ($2.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.18 170.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.18 170.25 Td ($1.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.07 170.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.51 170.25 Td ($0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.40 170.25 Td ( of other receivables from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 158.25 Td (Saddlehorn, BridgeT) Tj ET Q q 0 0 0 rg BT 146.17 158.25 Td (ex and Powder Springs, respectively) Tj ET Q q 0 0 0 rg BT 291.33 158.25 Td (, related to the activities detailed above and miscellaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 146.25 Td (cost reimbursements. ) Tj ET Q q 0 0 0 rg BT 152.80 146.25 Td (These receivables are reported in our balance sheets as other accounts receivable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 122.25 Td (The financial results from ) Tj ET Q q 0 0 0 rg BT 195.89 122.25 Td (T) Tj ET Q q 0 0 0 rg BT 201.30 122.25 Td (exas Frontera are included in our marine storage segment, the financial results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 110.25 Td (from BridgeT) Tj ET Q q 0 0 0 rg BT 117.57 110.25 Td (ex, Double Eagle, HoustonLink, Osage, Saddlehorn and Seabrook are included in our crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 98.25 Td (segment and the financial results from Powder Springs are included in our refined products segment, each as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 86.25 Td (earnings/losses of non-controlled entities. ) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 659.10 Td (A) Tj ET Q q 0 0 0 rg BT 96.67 659.10 Td ( summary of our investments in non-controlled entities follows \(in thousands\):) Tj ET Q 1 1 1 rg /GS0 gs 133.50 624.60 170.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 609.60 170.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 594.60 170.00 -24.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 555.60 170.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 540.60 170.00 -23.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 517.60 170.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 487.60 170.00 -23.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 464.60 170.00 -23.00 re f /GS0 gs 1 1 1 rg /GS0 gs 133.50 441.60 170.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 624.6 m 364.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 624.6 m 425.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 624.6 m 486.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 624.6 m 364.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 624.6 m 425.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 517.6 m 364.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 517.6 m 425.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 517.6 m 486.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 441.6 m 364.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 441.6 m 425.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 441.6 m 364.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 427.6 m 364.5 427.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 425.6 m 364.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 441.6 m 425.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 427.6 m 425.5 427.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 425.6 m 425.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 441.6 m 486.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 427.6 m 486.5 427.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 425.6 m 486.5 425.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.85 628.83 Td (BridgeTex) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.60 628.83 Td (All Others) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.05 628.83 Td (Consolidated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 614.06 Td (Investments at December 31, 2015) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.75 613.86 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.00 614.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 331.75 614.06 Td (495,267) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.00 614.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.75 614.06 Td (270,361) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.00 614.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 614.06 Td (765,628) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 599.06 Td (Additional investment) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 216.75 598.86 Td (.....................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.25 599.06 Td (31,503) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.75 599.06 Td (143,397) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 599.06 Td (174,900) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 584.06 Td (Exchange of investment in non-controlled) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 575.06 Td (entity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 158.25 574.86 Td (...............................................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 352.00 575.06 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 394.25 575.06 Td (\(25,105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.00 575.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.25 575.06 Td (\(25,105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 575.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 560.06 Td (Earnings of non-controlled entities:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.00 545.06 Td (Proportionate share of earnings) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.75 544.86 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.25 545.06 Td (45,990) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.75 545.06 Td (7,256) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.25 545.06 Td (53,246) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.00 531.06 Td (Amortization of excess investment and) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 157.00 522.06 Td (capitalized interest) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 225.75 521.86 Td (.................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.75 522.06 Td (\(1,529) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 361.00 522.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 405.50 522.06 Td (\(174) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.00 522.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 522.06 Td (\(1,703) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 522.06 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 160.00 507.06 Td (Earnings of non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 286.50 506.86 Td (......) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.25 507.06 Td (44,461) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.75 507.06 Td (7,082) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.25 507.06 Td (51,543) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 492.06 Td (Less:) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.00 478.06 Td (Distributions of earnings from) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 157.00 469.06 Td (investments in non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 293.25 468.86 Td (...) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.25 469.06 Td (44,461) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.75 469.06 Td (5,586) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.25 469.06 Td (50,047) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.00 455.06 Td (Distributions in excess of earnings of) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 157.00 446.06 Td (non-controlled entities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 239.25 445.86 Td (...........................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 340.75 446.06 Td (3,333) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 401.75 446.06 Td (1,167) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 462.75 446.06 Td (4,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 136.00 431.06 Td (Investments at September 30, 2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 264.00 430.86 Td (................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 310.00 431.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 331.75 431.06 Td (523,437) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.00 431.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.75 431.06 Td (388,982) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.00 431.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 453.75 431.06 Td (912,419) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 399.10 Td (Summarized financial information of our non-controlled entities for the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.95 399.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.17 399.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 387.10 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 387.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.70 387.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.70 387.10 Td ( follows \(in thousands\): ) Tj ET Q 1 1 1 rg /GS0 gs 63.50 344.60 77.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 329.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144.5 360.6 m 201.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 360.6 m 205.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 205.5 360.6 m 262.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 360.6 m 266.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 360.6 m 323.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 360.6 m 404.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 360.6 m 408.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 360.6 m 465.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 360.6 m 469.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 360.6 m 527.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144.5 344.6 m 201.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 205.5 344.6 m 262.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 344.6 m 323.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 344.6 m 404.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 344.6 m 465.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 344.6 m 527.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 344.6 m 323.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 344.6 m 404.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 344.6 m 465.5 344.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 344.6 m 527.5 344.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 162.75 364.83 Td (Three Months Ended September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.25 364.83 Td (Three Months Ended September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 154.85 348.83 Td (BridgeTex) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 215.60 348.83 Td (All Others) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 272.05 348.83 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.85 348.83 Td (BridgeTex) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.60 348.83 Td (All Others) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.55 348.83 Td (Consolidated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 334.06 Td (Revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 98.75 333.86 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 147.00 334.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 173.25 334.06 Td (47,555) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 208.00 334.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 234.25 334.06 Td (12,530) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.00 334.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 295.25 334.06 Td (60,085) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.00 334.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.25 334.06 Td (55,843) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.00 334.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.25 334.06 Td (14,022) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.00 334.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.25 334.06 Td (69,865) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 319.06 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 107.75 318.86 Td (.............) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 147.00 319.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 173.25 319.06 Td (28,150) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 208.00 319.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 238.75 319.06 Td (4,151) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.00 319.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 295.25 319.06 Td (32,301) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.00 319.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.25 319.06 Td (33,514) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.00 319.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.75 319.06 Td (5,149) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.00 319.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.25 319.06 Td (38,663) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 63.50 260.60 77.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 245.60 77.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 230.60 77.00 -4.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144.5 276.6 m 202.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 276.6 m 206.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 276.6 m 263.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.5 276.6 m 267.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 276.6 m 324.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 276.6 m 404.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 276.6 m 408.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 276.6 m 465.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 276.6 m 469.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 276.6 m 526.5 276.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 144.5 260.6 m 202.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.5 260.6 m 263.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 260.6 m 324.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 260.6 m 404.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 260.6 m 465.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 260.6 m 526.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 260.6 m 324.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 260.6 m 404.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 260.6 m 465.5 260.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 260.6 m 526.5 260.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.40 280.83 Td (Nine Months Ended September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.90 280.83 Td (Nine Months Ended September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 155.35 264.83 Td (BridgeTex) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 216.60 264.83 Td (All Others) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.05 264.83 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.85 264.83 Td (BridgeTex) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.60 264.83 Td (All Others) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.05 264.83 Td (Consolidated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 250.06 Td (Revenue) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 98.75 249.86 Td (.................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 147.00 250.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 169.75 250.06 Td (146,320) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 209.00 250.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.25 250.06 Td (33,677) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.00 250.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.75 250.06 Td (179,997) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.00 250.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.75 250.06 Td (155,067) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.00 250.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.25 250.06 Td (35,451) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.00 250.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.75 250.06 Td (190,518) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 66.00 235.06 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 107.75 234.86 Td (.............) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 147.00 235.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 174.25 235.06 Td (91,806) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 209.00 235.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 235.25 235.06 Td (11,525) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.00 235.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 291.75 235.06 Td (103,331) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 350.00 235.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.25 235.06 Td (91,981) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.00 235.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 437.25 235.06 Td (14,907) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.00 235.06 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.75 235.06 Td (106,888) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 659.25 Td (5. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 659.25 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 630.25 Td (Inventory at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.09 630.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.68 630.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.12 630.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.38 630.25 Td ( was as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 619.45 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 587.95 m 424.5 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 587.95 m 487.5 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 587.95 m 424.5 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 587.95 m 487.5 587.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 512.95 m 424.5 512.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 498.95 m 424.5 498.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 496.95 m 424.5 496.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 512.95 m 487.5 512.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 498.95 m 487.5 498.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 496.95 m 487.5 496.95 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.25 600.18 Td (December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.50 592.18 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.10 600.18 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.50 592.18 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 577.62 Td (Refined products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 577.52 Td (..........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 577.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 577.62 Td (57,455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 577.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 577.62 Td (23,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 562.62 Td (Crude oil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.00 562.52 Td (......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 562.62 Td (28,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 562.62 Td (20,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 547.62 Td (Transmix) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.00 547.52 Td (......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 547.62 Td (21,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 547.62 Td (33,108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 532.62 Td (Liquefied petroleum gases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.50 532.52 Td (...........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 532.62 Td (17,954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 532.62 Td (40,684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 517.62 Td (Additives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.00 517.52 Td (......................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 517.62 Td (5,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 517.62 Td (5,716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 502.62 Td (Total inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.50 502.52 Td (.....................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 502.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 502.62 Td (130,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 502.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 502.62 Td (123,011) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 462.45 Td (6. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 462.45 Td (Employee Benefit Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 445.45 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 445.45 Td (e sponsor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.19 445.45 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.19 445.45 Td ( pension plans for certain union employees and a pension plan primarily for non-union ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 433.45 Td (employees, a postretirement benefit plan for selected employees and a defined contribution plan. ) Tj ET Q q 0 0 0 rg BT 451.85 433.45 Td (The following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 421.45 Td (tables present our consolidated net periodic benefit costs related to the pension and postretirement benefit plans for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 409.45 Td (the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.14 409.45 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.36 409.45 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.18 409.45 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.45 409.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.88 409.45 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.88 409.45 Td ( \(in thousands\): ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 228.45 Td () Tj ET Q 1 1 1 rg /GS0 gs 65.75 257.95 207.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.75 376.95000000000005 m 330.75 376.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.75 376.95000000000005 m 334.75 376.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.75 376.95000000000005 m 392.75 376.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.75 376.95000000000005 m 457.75 376.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.75 376.95000000000005 m 462.75 376.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.75 376.95000000000005 m 521.75 376.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.75 347.95000000000005 m 330.75 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.75 347.95000000000005 m 392.75 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.75 347.95000000000005 m 457.75 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.75 347.95000000000005 m 521.75 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.75 242.95000000000005 m 330.75 242.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.75 228.95000000000005 m 330.75 228.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.75 226.95000000000005 m 330.75 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.75 242.95000000000005 m 392.75 242.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.75 228.95000000000005 m 392.75 228.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.75 226.95000000000005 m 392.75 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.75 242.95000000000005 m 457.75 242.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.75 228.95000000000005 m 457.75 228.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.75 226.95000000000005 m 457.75 226.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.75 242.95000000000005 m 521.75 242.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.75 228.95000000000005 m 521.75 228.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.75 226.95000000000005 m 521.75 226.95000000000005 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.85 391.03 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.85 391.03 Td (Three Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.25 379.90 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.85 380.03 Td (September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.85 380.03 Td (September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.25 352.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.90 360.18 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.45 352.18 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.10 368.18 Td (Other) Tj ET Q q 0 0 0 rg BT 373.39 368.18 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.85 360.18 Td (Postr) Tj ET Q q 0 0 0 rg BT 355.92 360.18 Td (etir) Tj ET Q q 0 0 0 rg BT 367.76 360.18 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.45 352.18 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.90 360.18 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.45 352.18 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.60 368.18 Td (Other) Tj ET Q q 0 0 0 rg BT 501.89 368.18 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.35 360.18 Td (Postr) Tj ET Q q 0 0 0 rg BT 484.42 360.18 Td (etir) Tj ET Q q 0 0 0 rg BT 496.26 360.18 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.95 352.18 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.25 338.52 Td (Components of net periodic benefit costs:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.25 323.52 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.75 323.52 Td (.....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.25 322.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.40 322.62 Td (4,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.25 322.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.90 322.62 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.25 322.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.40 322.62 Td (4,555) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.25 322.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.90 322.62 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.25 308.52 Td (Interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.75 308.52 Td (.....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.40 307.62 Td (1,938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.90 307.62 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.40 307.62 Td (1,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 307.62 Td (148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.25 293.52 Td (Expected return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.25 293.52 Td (........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.05 292.67 Td (\(2,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.90 292.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.90 292.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.05 292.67 Td (\(2,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.90 292.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.90 292.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.25 278.52 Td (Amortization of prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.25 278.52 Td (................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.90 277.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.55 277.67 Td (\(928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.90 277.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.55 277.67 Td (\(45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.90 277.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 277.67 Td (\(928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.90 277.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.25 263.52 Td (Amortization of actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.75 263.52 Td (.........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.40 262.62 Td (1,577) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.90 262.62 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.40 262.62 Td (1,161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 262.62 Td (291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.25 248.52 Td (Settlement cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.25 248.52 Td (................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.90 247.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.90 247.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.90 247.62 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.90 247.62 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.25 233.52 Td (Net periodic benefit cost \(credit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.75 233.52 Td (.............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.25 232.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.40 232.62 Td (6,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.25 232.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.55 232.67 Td (\(537) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.90 232.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.25 232.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.40 232.62 Td (5,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.25 232.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 232.67 Td (\(436) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.90 232.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 491.00 Td () Tj ET Q 1 1 1 rg /GS0 gs 68.00 524.50 207.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 643.5 m 333 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333 643.5 m 337 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 643.5 m 395 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 643.5 m 460 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460 643.5 m 465 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 643.5 m 524 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 614.5 m 333 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 643.5 m 395 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 614.5 m 395 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 614.5 m 460 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 643.5 m 524 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 614.5 m 524 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 509.5 m 333 509.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 495.5 m 333 495.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 493.5 m 333 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 509.5 m 395 509.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 495.5 m 395 495.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337 493.5 m 395 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 509.5 m 460 509.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 495.5 m 460 495.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402 493.5 m 460 493.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 509.5 m 524 509.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 495.5 m 524 495.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 493.5 m 524 493.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.25 657.58 Td (Nine Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.25 657.58 Td (Nine Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.50 646.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.10 646.58 Td (September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.10 646.58 Td (September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 70.50 618.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.15 626.73 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.70 618.73 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.35 634.73 Td (Other) Tj ET Q q 0 0 0 rg BT 375.64 634.73 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.10 626.73 Td (Postr) Tj ET Q q 0 0 0 rg BT 358.17 626.73 Td (etir) Tj ET Q q 0 0 0 rg BT 370.01 626.73 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.70 618.73 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.15 626.73 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.70 618.73 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.85 634.73 Td (Other) Tj ET Q q 0 0 0 rg BT 504.14 634.73 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.60 626.73 Td (Postr) Tj ET Q q 0 0 0 rg BT 486.67 626.73 Td (etir) Tj ET Q q 0 0 0 rg BT 498.51 626.73 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.20 618.73 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 605.07 Td (Components of net periodic benefit costs:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 590.07 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 590.07 Td (.....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 589.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 589.17 Td (14,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.50 589.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 589.17 Td (183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 589.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 589.17 Td (13,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 589.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 589.17 Td (176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 575.07 Td (Interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 575.07 Td (.....................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 574.17 Td (5,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 574.17 Td (328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 574.17 Td (5,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 574.17 Td (368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 560.07 Td (Expected return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.50 560.07 Td (........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 559.22 Td (\(6,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 559.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 559.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.30 559.22 Td (\(6,694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 559.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 559.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 545.07 Td (Amortization of prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 545.07 Td (................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 544.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.30 544.22 Td (\(2,784) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 544.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 544.22 Td (\(135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 544.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 544.22 Td (\(2,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 544.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 530.07 Td (Amortization of actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 530.07 Td (.........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.65 529.17 Td (4,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 529.17 Td (663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 529.17 Td (3,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 529.17 Td (660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 515.07 Td (Settlement cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.50 515.07 Td (................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 514.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 514.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 514.17 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 514.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.50 500.07 Td (Net periodic benefit cost \(credit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 500.07 Td (.............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.50 499.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 499.17 Td (18,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.50 499.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.30 499.22 Td (\(1,610) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 499.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.50 499.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 499.17 Td (16,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 499.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 499.22 Td (\(1,581) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 499.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 467.00 Td (Contributions estimated to be paid into the plans in 2016 are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.63 467.00 Td ($26.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.52 467.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.96 467.00 Td ($0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.85 467.00 Td ( for the pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 455.00 Td (and other postretirement benefit plans, respectively) Tj ET Q q 0 0 0 rg BT 267.28 455.00 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 431.00 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 431.00 Td (e match our employees) Tj ET Q q 0 0 0 rg BT 189.19 431.00 Td ( qualifying contributions to our defined contribution plan, resulting in expense to us. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 419.00 Td (Expenses related to the defined contribution plan were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.48 419.00 Td ($1.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.37 419.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.81 419.00 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.70 419.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 453.36 419.00 Td (, for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.24 419.00 Td (three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 407.00 Td (months ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.59 407.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.03 407.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.03 407.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.47 407.00 Td ($6.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.36 407.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.80 407.00 Td ($7.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.69 407.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 430.35 407.00 Td (, for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.23 407.00 Td (nine months ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 395.00 Td (ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.64 395.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.08 395.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.08 395.00 Td (.) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (15) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 659.10 Td (Amounts Included in ) Tj ET Q q 0 0 0 rg BT 170.58 659.10 Td (AOCL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 637.50 Td (The changes in ) Tj ET Q q 0 0 0 rg BT 147.98 637.50 Td (AOCL) Tj ET Q q 0 0 0 rg BT 174.83 637.50 Td ( related to employee benefit plan assets and benefit obligations for the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.94 637.50 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.16 637.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 625.50 Td (months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.33 625.50 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.59 625.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.03 625.50 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.03 625.50 Td ( were as follows \(in thousands\):) Tj ET Q 1 1 1 rg /GS0 gs 69.00 564.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 549.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 534.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 519.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 504.00 207.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 591 m 338 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 591 m 342 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 591 m 400 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 591 m 462 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 591 m 466 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 591 m 524 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 564 m 338 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 564 m 400 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 591 m 462 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 564 m 462 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 591 m 466 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 591 m 524 591 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 564 m 524 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 564 m 338 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 564 m 400 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 564 m 462 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 564 m 524 564 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 504 m 338 504 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 490 m 338 490 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 488 m 338 488 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 504 m 400 504 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 490 m 400 490 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 488 m 400 488 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 504 m 462 504 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 490 m 462 490 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 488 m 462 488 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 504 m 524 504 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 490 m 524 490 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 488 m 524 488 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.10 607.08 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.10 607.08 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.10 595.08 Td (September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.10 595.08 Td (September 30, 2016) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 71.5 567.046337890625 m 200.78466796875 567.046337890625 l s q 0 0 0 rg BT 71.50 568.45 Td (Gains \(Losses\) Included in AOCL) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.15 576.23 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.70 568.23 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.35 583.08 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.10 575.08 Td (Postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.70 567.08 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.15 576.23 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.70 568.23 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.35 583.08 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.10 575.08 Td (Postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.70 567.08 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 553.67 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 553.57 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.50 553.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 553.72 Td (\(60,104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 553.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 553.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.30 553.72 Td (\(3,110) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 553.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 553.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 553.72 Td (\(60,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 553.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 553.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 553.72 Td (\(5,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 553.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 538.67 Td (Amortization of prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 538.57 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 538.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 538.72 Td (\(928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 538.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.80 538.72 Td (\(45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 538.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.80 538.72 Td (\(928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 538.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 523.67 Td (Amortization of actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.50 523.57 Td (................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 523.67 Td (1,577) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 523.67 Td (221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 523.67 Td (1,161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 523.67 Td (291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 508.67 Td (Settlement cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 508.57 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 508.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 508.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 508.67 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 508.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 493.67 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 493.57 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.50 493.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 493.72 Td (\(58,527) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 493.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 493.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.30 493.72 Td (\(3,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 493.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 493.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 493.72 Td (\(58,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 493.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 493.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 493.72 Td (\(6,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 493.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 69.00 428.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 413.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 398.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 383.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 368.00 207.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 69.00 353.00 207.00 -4.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 455 m 338 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 455 m 342 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 455 m 400 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 455 m 462 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 455 m 466 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 455 m 524 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 428 m 338 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 428 m 400 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 455 m 462 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 428 m 462 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 455 m 466 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 455 m 524 455 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 428 m 524 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 428 m 338 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 428 m 400 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 428 m 462 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 428 m 524 428 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 368 m 338 368 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 354 m 338 354 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 280 352 m 338 352 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 368 m 400 368 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 354 m 400 354 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 352 m 400 352 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 368 m 462 368 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 354 m 462 354 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404 352 m 462 352 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 368 m 524 368 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 354 m 524 354 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466 352 m 524 352 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.25 471.08 Td (Nine Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 471.08 Td (Nine Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.10 459.08 Td (September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.10 459.08 Td (September 30, 2016) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 71.5 431.11259765625 m 215.14990234375 431.11259765625 l s q 0 0 0 rg BT 71.50 432.68 Td (Gains \(Losses\) Included in AOCL) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.15 440.23 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.70 432.23 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.35 447.08 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.10 439.08 Td (Postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.70 431.08 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.15 440.23 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.70 432.23 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.35 447.08 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.10 439.08 Td (Postretirement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.70 431.08 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 417.67 Td (Beginning balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 417.57 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.50 417.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 417.72 Td (\(63,257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 417.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 417.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.30 417.72 Td (\(1,696) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 417.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 417.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 417.72 Td (\(62,279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 417.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 417.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 417.72 Td (\(3,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 417.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 402.67 Td (Amortization of prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 402.57 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 402.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.30 402.72 Td (\(2,784) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 402.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.80 402.72 Td (\(135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 402.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 402.72 Td (\(2,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 402.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 387.67 Td (Amortization of actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.50 387.57 Td (................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 387.67 Td (4,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 387.67 Td (663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 387.67 Td (3,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.15 387.67 Td (660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 372.67 Td (Settlement cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 372.57 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.15 372.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 372.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.15 372.67 Td (202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 372.67 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 357.67 Td (Ending balance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 357.57 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.50 357.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.30 357.72 Td (\(58,527) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 357.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 357.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.30 357.72 Td (\(3,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 357.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.50 357.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 357.72 Td (\(58,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 357.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 357.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 357.72 Td (\(6,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 357.67 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 659.25 Td (7. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 659.25 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 642.25 Td (The carrying amount of our consolidated debt at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.99 642.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.58 642.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.02 642.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.28 642.25 Td ( was as follows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 630.25 Td (\(in thousands, except as otherwise noted\):) Tj ET Q 1 1 1 rg /GS0 gs 63.50 581.75 249.00 -13.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 568.75 249.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 581.75 m 438.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 581.75 m 527.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 581.75 m 376.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 581.75 m 438.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 581.75 m 527.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 425.75 m 376.5 425.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 425.75 m 438.5 425.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 425.75 m 376.5 425.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 425.75 m 438.5 425.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 399.75 m 376.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 399.75 m 438.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 399.75 m 376.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 387.75 m 376.5 387.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 385.75 m 376.5 385.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 399.75 m 438.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 387.75 m 438.5 387.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 385.75 m 438.5 385.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 586.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.75 593.98 Td (December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.00 585.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.60 593.98 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.00 585.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.00 609.98 Td (W) Tj ET Q q 0 0 0 rg BT 460.56 609.98 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 493.29 609.98 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.85 601.98 Td (Inter) Tj ET Q q 0 0 0 rg BT 467.03 601.98 Td (estRate for) Tj ET Q q 0 0 0 rg BT 506.42 601.98 Td ( the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.25 593.98 Td (Nine Months Ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.10 585.98 Td (September) Tj ET Q q 0 0 0 rg BT 483.83 585.98 Td ( 30, 2016) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 515.83 589.61 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 572.32 Td (Commercial paper) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 140.14 576.85 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.00 572.32 Td (................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 572.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 572.32 Td (279,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.00 572.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 572.32 Td (34,880) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 572.32 Td (0.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 559.32 Td ($250.0 million of 5.65% Notes due 2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 229.32 563.85 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 559.32 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 559.32 Td (250,208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 559.32 Td (250,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 559.32 Td (5.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 546.32 Td ($250.0 million of 6.40% Notes due 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 546.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 546.32 Td (254,694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 546.32 Td (253,298) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 546.32 Td (5.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 533.32 Td ($550.0 million of 6.55% Notes due 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 533.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 533.32 Td (562,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 533.32 Td (560,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 533.32 Td (5.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 520.32 Td ($550.0 million of 4.25% Notes due 2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 520.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 520.32 Td (553,002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 520.32 Td (552,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 520.32 Td (4.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 507.32 Td ($250.0 million of 3.20% Notes due 2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 507.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 507.32 Td (247,788) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 507.32 Td (247,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 507.32 Td (3.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 494.32 Td ($650.0 million of 5.00% Notes due 2026) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 229.32 498.85 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 494.32 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 494.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 494.32 Td (644,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 494.32 Td (5.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 481.32 Td ($250.0 million of 6.40% Notes due 2037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 481.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 481.32 Td (247,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 481.32 Td (247,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 481.32 Td (6.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 468.32 Td ($250.0 million of 4.20% Notes due 2042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 468.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 468.32 Td (246,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 468.32 Td (246,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 468.32 Td (4.3%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 455.32 Td ($550.0 million of 5.15% Notes due 2043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 455.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 455.32 Td (550,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 455.32 Td (550,885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 455.32 Td (5.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 442.32 Td ($250.0 million of 4.20% Notes due 2045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.50 442.32 Td (...............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 442.32 Td (247,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 442.32 Td (247,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 442.32 Td (4.7%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 429.32 Td ($500.0 million of 4.25% Notes due 2046) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 229.32 433.85 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 429.32 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 429.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 429.32 Td (488,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 429.32 Td (4.8%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 416.32 Td (Total debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.50 416.32 Td (.........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.60 416.32 Td (3,439,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.60 416.32 Td (4,323,522) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.05 416.32 Td (4.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 403.32 Td (Less: current portion of long-term debt, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.00 403.32 Td (..........................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.15 403.32 Td (250,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 403.32 Td (250,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.00 390.32 Td (Long-term debt, net) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 163.70 394.85 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 390.32 Td (.......................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.00 390.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.60 390.32 Td (3,189,287) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.00 390.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.60 390.32 Td (4,073,502) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 72.00 366.25 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 85.50 366.25 Td (W) Tj ET Q q 0 0 0 rg BT 91.55 366.25 Td (eighted-average interest rate includes the amortization/accretion of discounts, premiums and gains/losses realized on historical cash flow and fair value ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 85.50 359.25 Td (hedges recognized as interest expense.) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 72.00 345.25 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 85.50 345.25 Td (These borrowings were outstanding for only a portion of the ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 256.18 345.25 Td (nine) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 268.23 345.25 Td (-month period ending ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 330.64 345.25 Td (September30, 2016) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 386.82 345.25 Td (. ) Tj ET Q q 0 0 0 rg BT 391.95 345.25 Td (The weighted-average interest rate for these ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 85.50 338.25 Td (borrowings was calculated based on the number of days the borrowings were outstanding during the noted period.) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 72.00 324.25 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 85.50 324.25 Td (These borrowings will mature in October 2016 and are reflected in current debt on our consolidated balance sheets at December 31, 2015 and ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 483.97 324.25 Td (September30, ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 85.50 317.25 Td (2016) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 99.50 317.25 Td (.) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 72.00 303.25 Td (\(4\) ) Tj ET Q q 0 0 0 rg BT 85.50 303.25 Td (Long-term debt is presented net of unamortized debt issuance costs of ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 283.19 303.25 Td ($18.7 million) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 320.92 303.25 Td ( and ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 334.52 303.25 Td ($27.4 million) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 372.25 303.25 Td ( at ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 380.80 303.25 Td (December31, 2015) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 435.81 303.25 Td ( and ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 449.41 303.25 Td (September30, 2016) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 505.60 303.25 Td (, ) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 85.50 296.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 118.86 296.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 272.25 Td (All of the instruments detailed in the table above are senior indebtedness.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 248.25 Td (The face value of our debt at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.94 248.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.53 248.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.96 248.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.23 248.25 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.78 248.25 Td ($3.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.89 248.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.33 248.25 Td ($4.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.44 248.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 236.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 110.66 236.25 Td (. ) Tj ET Q q 0 0 0 rg BT 117.98 236.25 Td (The dif) Tj ET Q q 0 0 0 rg BT 146.96 236.25 Td (ference between the face value and carrying value of our debt outstanding is the unamortized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 224.25 Td (portion of terminated fair value hedges and the unamortized discounts and premiums on debt issuances. Realized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 212.25 Td (gains and losses on fair value hedges and note discounts and premiums are being amortized or accreted to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 200.25 Td (applicable notes over the respective lives of those notes. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 176.25 Td (2016 Debt Of) Tj ET Q q 0 0 0 rg BT 140.31 176.25 Td (fering) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 152.25 Td (In September 2016, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.25 152.25 Td ($500.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.15 152.25 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.31 152.25 Td (4.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.14 152.25 Td ( notes due 2046 in an underwritten public of) Tj ET Q q 0 0 0 rg BT 499.14 152.25 Td (fering. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 140.25 Td (The notes were issued at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.80 140.25 Td (98.762%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.63 140.25 Td ( of par) Tj ET Q q 0 0 0 rg BT 225.18 140.25 Td (. Net proceeds from this of) Tj ET Q q 0 0 0 rg BT 334.69 140.25 Td (fering were approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.25 140.25 Td ($488.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 140.25 Td (, after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 128.25 Td (underwriting discounts and of) Tj ET Q q 0 0 0 rg BT 182.52 128.25 Td (fering expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.33 128.25 Td ($5.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.22 128.25 Td (. ) Tj ET Q q 0 0 0 rg BT 314.54 128.25 Td (The net proceeds from this of) Tj ET Q q 0 0 0 rg BT 432.38 128.25 Td (fering were used to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 116.25 Td (repay our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.54 116.25 Td (5.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.37 116.25 Td ( senior notes when due in October 2016 and to repay borrowings outstanding under our commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 104.25 Td (paper program. ) Tj ET Q q 0 0 0 rg BT 128.90 104.25 Td (The remaining proceeds may be used for general partnership purposes, which may include capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 92.25 Td (expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 80.25 Td ( ) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 659.10 Td (In February 2016, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.59 659.10 Td ($650.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.48 659.10 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.64 659.10 Td (5.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.47 659.10 Td ( notes due 2026 in an underwritten public of) Tj ET Q q 0 0 0 rg BT 492.47 659.10 Td (fering. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (The notes were issued at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.80 647.10 Td (99.875%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.63 647.10 Td ( of par) Tj ET Q q 0 0 0 rg BT 225.18 647.10 Td (. Net proceeds from this of) Tj ET Q q 0 0 0 rg BT 334.69 647.10 Td (fering were approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.25 647.10 Td ($643.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 647.10 Td (, after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 635.10 Td (underwriting discounts and of) Tj ET Q q 0 0 0 rg BT 182.52 635.10 Td (fering expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.33 635.10 Td ($5.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.22 635.10 Td (. ) Tj ET Q q 0 0 0 rg BT 314.54 635.10 Td (The net proceeds from this of) Tj ET Q q 0 0 0 rg BT 432.38 635.10 Td (fering were used to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 623.10 Td (repay borrowings outstanding under our commercial paper program and for general partnership purposes, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 611.10 Td (expansion capital.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 587.10 Td (Other Debt) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 563.10 Td (Revolving Cr) Tj ET Q q 0 0 0 rg BT 138.17 563.10 Td (edit Facilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.43 563.10 Td ( ) Tj ET Q q 0 0 0 rg BT 200.38 563.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.88 563.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.15 563.10 Td (, the total borrowing capacity under our revolving credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 551.10 Td (facility with a maturity date of October 27, 2020 was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.66 551.10 Td ($1.0 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.78 551.10 Td (. ) Tj ET Q q 0 0 0 rg BT 330.72 551.10 Td (Any borrowings outstanding under this facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 539.10 Td (are classified as long-term debt on our consolidated balance sheets. Borrowings under this facility are unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 527.10 Td (and bear interest at LIBOR plus a spread ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.49 527.10 Td (1.000%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.32 527.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.10 527.10 Td (1.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.93 527.10 Td ( based on our credit ratings. ) Tj ET Q q 0 0 0 rg BT 473.45 527.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 523.36 527.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 515.10 Td (an unused commitment fee is assessed at a rate between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.03 515.10 Td (0.100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.86 515.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.30 515.10 Td (0.275%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.13 515.10 Td ( depending on our credit ratings. ) Tj ET Q q 0 0 0 rg BT 504.91 515.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 503.10 Td (unused commitment fee was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.64 503.10 Td (0.125%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.47 503.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.68 503.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.95 503.10 Td (. Borrowings under this facility may be used for general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 491.10 Td (partnership purposes, including capital expenditures. ) Tj ET Q q 0 0 0 rg BT 276.00 491.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.45 491.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.03 491.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.47 491.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.73 491.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 479.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 110.66 479.10 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.08 479.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.08 479.10 Td ( borrowings outstanding under this facility) Tj ET Q q 0 0 0 rg BT 339.68 479.10 Td (, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.96 479.10 Td ($6.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.85 479.10 Td ( obligated for letters of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 467.10 Td (credit. ) Tj ET Q q 0 0 0 rg BT 92.71 467.10 Td (Amounts obligated for letters of credit are not reflected as debt on our consolidated balance sheets, but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 455.10 Td (decrease our borrowing capacity under this facility) Tj ET Q q 0 0 0 rg BT 265.60 455.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 431.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 431.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.26 431.10 Td (, the total borrowing capacity under our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.32 431.10 Td (364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.32 431.10 Td (-day credit facility was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.73 431.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.62 431.10 Td (. ) Tj ET Q q 0 0 0 rg BT 514.94 431.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 419.10 Td (maturity date of this credit facility is October 25, 2016. See Note 14 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 347.65 419.10 Td (Subsequent Events ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.86 419.10 Td (for recent information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 407.10 Td (about this credit facility) Tj ET Q q 0 0 0 rg BT 157.60 407.10 Td (. ) Tj ET Q q 0 0 0 rg BT 164.55 407.10 Td (Any borrowings under this credit facility are classified as current debt on our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 395.10 Td (balance sheets. Borrowings under this facility are unsecured and bear interest at LIBOR plus a spread ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 383.10 Td (1.000%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.83 383.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.61 383.10 Td (1.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.44 383.10 Td ( based on our credit ratings. ) Tj ET Q q 0 0 0 rg BT 252.97 383.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 302.87 383.10 Td (, an unused commitment fee is assessed at a rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 371.10 Td (between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.82 371.10 Td (0.080%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.65 371.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.08 371.10 Td (0.225%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.91 371.10 Td ( depending on our credit ratings. ) Tj ET Q q 0 0 0 rg BT 314.70 371.10 Td (The unused commitment fee was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.38 371.10 Td (0.100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.21 371.10 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 359.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 359.10 Td (. Borrowings under this facility may be used for general partnership purposes, including capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 347.10 Td (expenditures. ) Tj ET Q q 0 0 0 rg BT 121.04 347.10 Td (As of December 31, 2015 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.51 347.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.77 347.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 376.43 347.10 Td (, there were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.85 347.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.85 347.10 Td ( borrowings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 335.10 Td (outstanding under this facility) Tj ET Q q 0 0 0 rg BT 182.05 335.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 311.10 Td (Commer) Tj ET Q q 0 0 0 rg BT 119.57 311.10 Td (cial Paper Pr) Tj ET Q q 0 0 0 rg BT 173.63 311.10 Td (ogram. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.25 311.10 Td (The maturities of our commercial paper notes vary) Tj ET Q q 0 0 0 rg BT 409.58 311.10 Td (, but may not exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.10 311.10 Td (397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.10 311.10 Td ( days ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 299.10 Td (from the date of issuance. ) Tj ET Q q 0 0 0 rg BT 170.84 299.10 Td (The commercial paper notes are sold under customary terms in the commercial paper ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 287.10 Td (market and are issued at a discount from par) Tj ET Q q 0 0 0 rg BT 239.76 287.10 Td (, or alternatively) Tj ET Q q 0 0 0 rg BT 304.91 287.10 Td (, are sold at par and bear varying interest rates on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 275.10 Td (fixed or floating basis. ) Tj ET Q q 0 0 0 rg BT 157.80 275.10 Td (The commercial paper we can issue is limited by the amounts available under our revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 263.10 Td (credit facility up to an aggregate principal amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.53 263.10 Td ($1.0 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.64 263.10 Td ( and is classified as long-term debt. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 227.10 Td (8. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 227.10 Td (Derivative Financial Instruments) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 85.5 201.76699218750002 m 185.0947265625 201.76699218750002 l s q 0 0 0 rg BT 85.50 203.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 104.57 203.10 Td (est Rate Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 179.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 179.10 Td (e periodically enter into interest rate derivatives to hedge the fair value of our debt or interest on expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 167.10 Td (debt issuances, and we have historically designated these derivatives as cash flow or fair value hedges for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 155.10 Td (accounting purposes. ) Tj ET Q q 0 0 0 rg BT 151.87 155.10 Td (Adjustments resulting from discontinued hedges continue to be recognized in accordance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 143.10 Td (their historic hedging relationships.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 119.10 Td (During 2016, we entered into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.97 119.10 Td ($100.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.86 119.10 Td ( of forward-starting interest rate swap agreements to hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 107.10 Td (against the risk of variability of future interest payments on a portion of debt we anticipate issuing in 2018. ) Tj ET Q q 0 0 0 rg BT 495.77 107.10 Td (The fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 95.10 Td (values of these contracts at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.23 95.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.50 95.10 Td ( were recorded on our balance sheets as an other noncurrent liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 83.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.83 83.10 Td ($3.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.72 83.10 Td (, with the of) Tj ET Q q 0 0 0 rg BT 170.87 83.10 Td (fset recorded to other comprehensive income. ) Tj ET Q q 0 0 0 rg BT 358.39 83.10 Td (W) Tj ET Q q 0 0 0 rg BT 367.03 83.10 Td (e account for these agreements as cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 71.10 Td (flow hedges.) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 647.10 Td (During 2015 and 2016, we entered into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.91 647.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.80 647.10 Td ( of forward-starting interest rate swap agreements to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 635.10 Td (hedge against the risk of variability of future interest payments on a portion of debt we anticipated issuing in 2016. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 623.10 Td (W) Tj ET Q q 0 0 0 rg BT 71.64 623.10 Td (e accounted for these agreements as cash flow hedges. ) Tj ET Q q 0 0 0 rg BT 293.86 623.10 Td (When we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.90 623.10 Td ($500.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.79 623.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.12 623.10 Td (4.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 623.10 Td ( notes due 2046 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 611.10 Td (in September 2016, we settled the associated interest rate swap agreements for a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.11 611.10 Td ($19.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.00 611.10 Td (. ) Tj ET Q q 0 0 0 rg BT 476.32 611.10 Td (The loss was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.10 Td (recorded to other comprehensive income and will be recognized into earnings as an adjustment to our periodic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 587.10 Td (interest expense accruals over the first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.49 587.10 Td (ten) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.71 587.10 Td (-year payment period of the associated notes. ) Tj ET Q q 0 0 0 rg BT 416.29 587.10 Td (This loss was also reported ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 575.10 Td (as a net payment on financial derivatives in the financing activities of our consolidated statements of cash flows in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 563.10 Td (2016.) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 85.5 537.7669921875 m 180.2021484375 537.7669921875 l s q 0 0 0 rg BT 85.50 539.10 Td (Commodity Derivatives) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 515.10 Td (Hedging Strategies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 491.10 Td (Our butane blending activities produce gasoline products, and we can reasonably estimate the timing and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 479.10 Td (quantities of sales of these products. ) Tj ET Q q 0 0 0 rg BT 210.29 479.10 Td (W) Tj ET Q q 0 0 0 rg BT 218.92 479.10 Td (e use a combination of NYMEX and forward purchase and sale contracts to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 467.10 Td (help manage commodity price changes, which is intended to mitigate the risk of decline in the product mar) Tj ET Q q 0 0 0 rg BT 490.47 467.10 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 455.10 Td (realized from our butane blending activities that we choose to hedge. Further) Tj ET Q q 0 0 0 rg BT 372.78 455.10 Td (, certain of our other commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 443.10 Td (operations generate petroleum products. ) Tj ET Q q 0 0 0 rg BT 228.32 443.10 Td (W) Tj ET Q q 0 0 0 rg BT 236.96 443.10 Td (e use NYMEX contracts to hedge against future price changes for some ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 431.10 Td (of these commodities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 407.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 407.10 Td (e account for the forward physical purchase and sale contracts we use in our butane blending and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 395.10 Td (fractionation activities as normal purchases and sales. Forward contracts that qualify for and are elected as normal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 383.10 Td (purchases and sales are accounted for using traditional accrual accounting. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 359.10 Td (The NYMEX contracts that we enter into fall into one of three hedge categories:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 64.5 334.6 m 168.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 334.6 m 332.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 334.6 m 528.5 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 64.5 320.6 m 168.5 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 168.5 320.6 m 172.5 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 320.6 m 332.5 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 320.6 m 336.5 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 320.6 m 528.5 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 64.5 216.60000000000002 m 168.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 168.5 216.60000000000002 m 172.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 172.5 216.60000000000002 m 332.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 216.60000000000002 m 336.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 216.60000000000002 m 528.5 216.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 88.30 338.83 Td (Hedge Category) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 226.10 338.83 Td (Hedge Purpose) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.65 338.83 Td (Accounting Treatment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.50 324.83 Td (Qualifies For Hedge Accounting Treatment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 312.55 Td ( Cash Flow Hedge) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 312.55 Td (To hedge the variability in cash flows related to) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 304.55 Td (a forecasted transaction.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 312.55 Td (The effective portion of changes in the fair value of the) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 304.55 Td (hedge is recorded to accumulated other comprehensive) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 296.55 Td (income/loss and reclassified to earnings when the) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 288.55 Td (forecasted transaction occurs. Any ineffectiveness is) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 280.55 Td (recognized currently in earnings.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 268.55 Td ( Fair Value Hedge) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 268.55 Td (To hedge against changes in the fair value of a) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 260.55 Td (recognized asset or liability.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 268.55 Td (The effective portion of changes in the fair value of the) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 260.55 Td (hedge is recorded as adjustments to the asset or liability) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 252.55 Td (being hedged. Any ineffectiveness and amounts excluded) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 244.55 Td (from the assessment of hedge effectiveness are) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 236.55 Td (recognized currently in earnings.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 208.50 220.83 Td (Does Not Qualify For Hedge Accounting Treatment) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 208.55 Td ( Economic Hedge) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 208.55 Td (T) Tj ET Q q 0 0 0 rg BT 179.33 208.55 Td (o ef) Tj ET Q q 0 0 0 rg BT 191.40 208.55 Td (fectively serve as either a fair value or a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 200.55 Td (cash flow hedge; however) Tj ET Q q 0 0 0 rg BT 258.43 200.55 Td (, the derivative ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 192.55 Td (agreement does not qualify for hedge ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 184.55 Td (accounting treatment under ) Tj ET Q q 0 0 0 rg BT 264.08 184.55 Td (Accounting ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 176.55 Td (Standards Codification \(ASC\) 815, ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 175.00 168.55 Td (Derivatives and Hedging) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 255.43 168.55 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 208.55 Td (Changes in the fair value of these agreements are) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 339.00 200.55 Td (recognized currently in earnings.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 142.10 Td (During the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.47 142.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.69 142.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.51 142.10 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.78 142.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.21 142.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.21 142.10 Td (, none of the commodity hedging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 130.10 Td (contracts we entered into qualified for or were designated as cash flow hedges.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 106.10 Td (Period changes in the fair value of NYMEX agreements that are accounted for as economic hedges \(other than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 94.10 Td (those economic hedges of our butane purchases and our pipeline product overages as discussed below\), the ef) Tj ET Q q 0 0 0 rg BT 501.29 94.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 82.10 Td (portion of changes in the fair value of cash flow hedges that are reclassified from ) Tj ET Q q 0 0 0 rg BT 389.27 82.10 Td (AOCL) Tj ET Q q 0 0 0 rg BT 416.12 82.10 Td ( and any inef) Tj ET Q q 0 0 0 rg BT 467.86 82.10 Td (fectiveness ) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 659.10 Td (associated with hedges related to our commodity activities are recognized currently in earnings as adjustments to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (product sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 623.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 623.10 Td (e also use NYMEX contracts, which are not designated as hedges for accounting purposes, to hedge against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 611.10 Td (changes in the price of butane we expect to purchase in the future. Period changes in the fair value of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.10 Td (agreements are recognized currently in earnings as adjustments to cost of product sales. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.14 575.10 Td (e hold petroleum product inventories that we obtain from overages on our pipeline systems. ) Tj ET Q q 0 0 0 rg BT 465.53 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 474.17 575.10 Td (e use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 563.10 Td (NYMEX contracts that are not designated as hedges for accounting purposes to help manage price changes related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 551.10 Td (to these inventory barrels. Period changes in the fair value of these agreements are recognized currently in earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 539.10 Td (as adjustments to operating expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 515.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 135.40 515.10 Td (, we hold crude oil barrels that we use for operational purposes, which we classify as a long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 503.10 Td (asset on our consolidated balance sheets as tank bottoms. ) Tj ET Q q 0 0 0 rg BT 293.87 503.10 Td (W) Tj ET Q q 0 0 0 rg BT 302.51 503.10 Td (e use NYMEX contracts to hedge against changes in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 491.10 Td (price of these crude oil barrels. ) Tj ET Q q 0 0 0 rg BT 191.65 491.10 Td (W) Tj ET Q q 0 0 0 rg BT 200.29 491.10 Td (e record the ef) Tj ET Q q 0 0 0 rg BT 257.57 491.10 Td (fective portion of the gains or losses for those contracts that qualify ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 479.10 Td (as fair value hedges as adjustments to the assets being hedged and the inef) Tj ET Q q 0 0 0 rg BT 359.67 479.10 Td (fective portions as well as amounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 467.10 Td (excluded from the assessment of hedge ef) Tj ET Q q 0 0 0 rg BT 229.98 467.10 Td (fectiveness as adjustments to other income or expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 443.10 Td (As outlined in the table below) Tj ET Q q 0 0 0 rg BT 205.10 443.10 Td (, our open NYMEX contracts at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.35 443.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.61 443.10 Td ( were as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 101 411.6 m 236 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 411.6 m 375 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379 411.6 m 519 411.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 118.30 423.83 Td (Type of Contract/Accounting) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 145.55 415.83 Td (Methodology) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.15 423.83 Td (Product Represented by the Contract) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.95 415.83 Td (and Associated Barrels) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.35 415.83 Td (Maturity Dates) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 103.50 403.55 Td (NYMEX - Fair Value Hedges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.50 403.55 Td (.................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.50 403.55 Td (0.7 million barrels of crude oil) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.50 403.55 Td (...............) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 381.50 403.55 Td (November 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 103.50 390.55 Td (NYMEX - Economic Hedges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.50 390.55 Td (.................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.50 390.55 Td (5.1 million barrels of refined products) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.50 382.55 Td (and crude oil) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 285.50 382.55 Td (...........................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 381.50 390.55 Td (Between October 2016 and April 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 103.50 369.55 Td (NYMEX - Economic Hedges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.50 369.55 Td (.................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.50 369.55 Td (1.3 million barrels of future purchases) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.50 361.55 Td (of butane) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 273.50 361.55 Td (.................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 381.50 369.55 Td (Between October 2016 and April 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 333.10 Td (Ener) Tj ET Q q 0 0 0 rg BT 104.57 333.10 Td (gy Commodity Derivatives Contracts and Deposits Offsets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 309.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 309.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.26 309.10 Td (, we had made mar) Tj ET Q q 0 0 0 rg BT 253.88 309.10 Td (gin deposits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.27 309.10 Td ($30.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.16 309.10 Td ( for our NYMEX contracts with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 297.10 Td (counterparties, which were recorded as a current asset under ener) Tj ET Q q 0 0 0 rg BT 323.80 297.10 Td (gy commodity derivatives deposits on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 285.10 Td (consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 178.33 285.10 Td (W) Tj ET Q q 0 0 0 rg BT 186.97 285.10 Td (e have the right to of) Tj ET Q q 0 0 0 rg BT 269.82 285.10 Td (fset the combined fair values of our open NYMEX contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 273.10 Td (against our mar) Tj ET Q q 0 0 0 rg BT 125.02 273.10 Td (gin deposits under a master netting arrangement for each counterparty; however) Tj ET Q q 0 0 0 rg BT 444.50 273.10 Td (, we have elected to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 261.10 Td (present the combined fair values of our open NYMEX contracts separately from the related mar) Tj ET Q q 0 0 0 rg BT 446.56 261.10 Td (gin deposits on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 249.10 Td (consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 177.96 249.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 227.86 249.10 Td (, we have the right to of) Tj ET Q q 0 0 0 rg BT 322.93 249.10 Td (fset the fair values of our NYMEX agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 237.10 Td (together for each counterparty) Tj ET Q q 0 0 0 rg BT 183.12 237.10 Td (, which we have elected to do, and we report the combined net balances on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 225.10 Td (consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 177.96 225.10 Td (A) Tj ET Q q 0 0 0 rg BT 184.63 225.10 Td ( schedule of the derivative amounts we have of) Tj ET Q q 0 0 0 rg BT 372.72 225.10 Td (fset and the deposit amounts we could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 213.10 Td (of) Tj ET Q q 0 0 0 rg BT 71.15 213.10 Td (fset under a master netting arrangement are provided below as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.55 213.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.13 213.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.57 213.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.83 213.10 Td ( \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 201.10 Td (thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 177.60000000000002 m 268.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.25 177.60000000000002 m 272.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 177.60000000000002 m 336.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.25 177.60000000000002 m 340.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 177.60000000000002 m 404.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.25 177.60000000000002 m 408.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 177.60000000000002 m 472.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.25 177.60000000000002 m 476.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 177.60000000000002 m 530.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 85.25 132.60000000000002 m 202.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 177.60000000000002 m 268.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 132.60000000000002 m 268.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.25 177.60000000000002 m 272.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 177.60000000000002 m 336.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 132.60000000000002 m 336.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.25 177.60000000000002 m 340.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 177.60000000000002 m 404.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 132.60000000000002 m 404.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.25 177.60000000000002 m 408.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 177.60000000000002 m 472.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 132.60000000000002 m 472.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.25 177.60000000000002 m 476.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 177.60000000000002 m 530.25 177.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 132.60000000000002 m 530.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 132.60000000000002 m 268.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 118.60000000000002 m 268.25 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 116.60000000000002 m 268.25 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 132.60000000000002 m 336.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 118.60000000000002 m 336.25 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 116.60000000000002 m 336.25 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 118.60000000000002 m 404.25 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 116.60000000000002 m 404.25 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 132.60000000000002 m 472.25 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 118.60000000000002 m 472.25 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 116.60000000000002 m 472.25 116.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 118.60000000000002 m 530.25 118.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 116.60000000000002 m 530.25 116.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.50 181.83 Td (December 31, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 123.45 136.83 Td (Description) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 210.45 152.83 Td (Gross Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 212.85 144.83 Td (of Recognized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 226.05 136.83 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.45 168.83 Td (Gross Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.30 160.83 Td (of Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.60 152.83 Td (Offset in the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.30 144.83 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.30 136.83 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.05 168.83 Td (Net ) Tj ET Q q 0 0 0 rg BT 358.60 168.83 Td (Amounts of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.25 160.83 Td (Assets Pr) Tj ET Q q 0 0 0 rg BT 374.88 160.83 Td (esented ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.05 152.83 Td (in the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.30 144.83 Td (Consolidated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.25 136.83 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 394.14 140.46 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.95 168.83 Td (Margin Deposit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.95 160.83 Td (Amounts Not) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.60 152.83 Td (Offset in the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.30 144.83 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.30 136.83 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.85 144.83 Td (Net ) Tj ET Q q 0 0 0 rg BT 500.40 144.83 Td (Asset ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.70 136.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 513.70 140.46 Td (\(3\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.75 121.85 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.75 121.55 Td (......) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 208.75 121.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 243.05 121.85 Td (48,367) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 274.75 121.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 312.35 121.85 Td (\(5,646) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.05 121.85 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 342.75 121.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.05 121.85 Td (42,721) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 410.75 121.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 444.35 121.85 Td (\(24,252) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 469.05 121.85 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.75 121.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 505.00 121.85 Td (18,469) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (20) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 652.5 m 268.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.25 652.5 m 272.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 652.5 m 336.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.25 652.5 m 340.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 652.5 m 404.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.25 652.5 m 408.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 652.5 m 472.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.25 652.5 m 476.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 652.5 m 530.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 85.25 607.5 m 202.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 652.5 m 268.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 607.5 m 268.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268.25 652.5 m 272.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 652.5 m 336.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 607.5 m 336.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.25 652.5 m 340.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 652.5 m 404.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 607.5 m 404.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.25 652.5 m 408.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 652.5 m 472.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 607.5 m 472.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.25 652.5 m 476.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 652.5 m 530.25 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 607.5 m 530.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 607.5 m 268.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 593.5 m 268.25 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 206.25 591.5 m 268.25 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 607.5 m 336.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 593.5 m 336.25 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.25 591.5 m 336.25 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 593.5 m 404.25 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.25 591.5 m 404.25 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 607.5 m 472.25 607.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 593.5 m 472.25 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.25 591.5 m 472.25 591.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 593.5 m 530.25 593.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.25 591.5 m 530.25 591.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.35 656.73 Td (September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 123.45 611.73 Td (Description) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 210.45 627.73 Td (Gross Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 212.85 619.73 Td (of Recognized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 219.60 611.73 Td (Liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.45 643.73 Td (Gross Amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.50 635.73 Td (of Assets Offset) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 627.73 Td (in the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.30 619.73 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.30 611.73 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.05 643.73 Td (Net ) Tj ET Q q 0 0 0 rg BT 358.60 643.73 Td (Amounts of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.60 635.73 Td (Liabilities ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 344.25 627.73 Td (Pr) Tj ET Q q 0 0 0 rg BT 352.54 627.73 Td (esented in the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.30 619.73 Td (Consolidated ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.25 611.73 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 394.14 615.36 Td (\(2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.95 643.73 Td (Margin Deposit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.95 635.73 Td (Amounts Not) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.60 627.73 Td (Offset in the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.30 619.73 Td (Consolidated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.30 611.73 Td (Balance Sheets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.85 619.73 Td (Net ) Tj ET Q q 0 0 0 rg BT 500.40 619.73 Td (Asset ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.70 611.73 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 513.70 615.36 Td (\(3\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.75 596.75 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.75 596.45 Td (......) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 208.75 596.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 240.35 596.75 Td (\(15,576) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 265.05 596.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 274.75 596.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 315.05 596.75 Td (3,247) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 342.75 596.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 376.35 596.75 Td (\(12,329) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.05 596.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 410.75 596.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 447.05 596.75 Td (30,559) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 478.75 596.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 505.00 596.75 Td (18,230) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.00 563.80 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 99.00 563.80 Td (Net amount includes ener) Tj ET Q q 0 0 0 rg BT 180.83 563.80 Td (gy commodity derivative contracts classified as current assets, net, of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 404.76 563.80 Td ($39,243) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 430.76 563.80 Td ( and noncurrent assets of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 554.20 Td ($3,478) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 121.00 554.20 Td (. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.00 541.60 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 99.00 541.60 Td (Net amount includes ener) Tj ET Q q 0 0 0 rg BT 180.83 541.60 Td (gy commodity derivative contracts classified as current liabilities, net, of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.87 541.60 Td ($12,430) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.87 541.60 Td ( and noncurrent assets of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 532.05 Td ($101) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 532.05 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.00 519.45 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 99.00 519.45 Td (Amount represents the maximum loss we would incur if all of our counterparties failed to perform on their derivative contracts.) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 87 494.1169921875 m 291.9609375 494.1169921875 l s q 0 0 0 rg BT 87.00 495.45 Td (Impact of Derivatives on Our Financial Statements) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 471.45 Td (Compr) Tj ET Q q 0 0 0 rg BT 114.41 471.45 Td (ehensive Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 447.45 Td (The changes in derivative activity included in ) Tj ET Q q 0 0 0 rg BT 271.66 447.45 Td (AOCL) Tj ET Q q 0 0 0 rg BT 298.51 447.45 Td ( for the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.31 447.45 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.53 447.45 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.36 447.45 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.62 447.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 435.45 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.94 435.45 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.94 435.45 Td ( were as follows \(in thousands\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.85 334.40 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 402.9 m 348.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.6 402.9 m 352.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 402.9 m 407.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 402.9 m 465.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.6 402.9 m 469.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 402.9 m 523.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 402.9 m 348.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 389.9 m 348.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 402.9 m 407.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 389.9 m 407.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 402.9 m 465.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 389.9 m 465.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 402.9 m 523.6 402.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 389.9 m 523.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 389.9 m 348.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 389.9 m 407.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 389.9 m 465.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 389.9 m 523.6 389.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 346.9 m 348.6 346.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 346.9 m 407.6 346.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 334.9 m 348.6 334.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.6 332.9 m 348.6 332.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 334.9 m 407.6 334.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.6 332.9 m 407.6 332.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 346.9 m 465.6 346.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 334.9 m 465.6 334.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.6 332.9 m 465.6 332.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 346.9 m 523.6 346.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 334.9 m 523.6 334.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.6 332.9 m 523.6 332.9 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.20 416.98 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.85 416.98 Td (Nine Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.10 405.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.20 405.98 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.70 405.98 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 74.1 392.88007812499995 m 199.223046875 392.88007812499995 l s q 0 0 0 rg BT 74.10 394.13 Td (Derivative Losses Included in AOCL) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.10 394.13 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.60 394.13 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.10 394.13 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.10 394.13 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.10 381.15 Td (Beginning balance) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.10 380.85 Td (............................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 293.10 381.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 320.70 381.15 Td (\(29,528) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.40 381.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 355.10 381.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.70 381.15 Td (\(50,459) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 404.40 381.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 414.10 381.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 437.70 381.15 Td (\(16,587) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.40 381.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.10 381.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.70 381.15 Td (\(30,126) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 520.40 381.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.10 366.15 Td (Net loss on cash flow hedges) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 169.10 365.85 Td (...........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.70 366.15 Td (\(3,410) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.40 366.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.70 366.15 Td (\(3,169) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 404.40 366.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 437.70 366.15 Td (\(16,939) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.40 366.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.70 366.15 Td (\(24,278) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 520.40 366.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.10 351.15 Td (Reclassification of net loss on cash flow hedges to income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 261.10 350.85 Td (.............) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.40 351.15 Td (388) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 392.40 351.15 Td (512) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.40 351.15 Td (976) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.40 351.15 Td (1,288) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.10 338.15 Td (Ending balance) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 125.10 337.85 Td (.................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 293.10 338.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 320.70 338.15 Td (\(32,550) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.40 338.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 355.10 338.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.70 338.15 Td (\(53,116) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 404.40 338.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 414.10 338.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 437.70 338.15 Td (\(32,550) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.40 338.15 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.10 338.15 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 495.70 338.15 Td (\(53,116) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 520.40 338.15 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 313.40 Td (Income Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 292.40 Td (The following tables provide a summary of the ef) Tj ET Q q 0 0 0 rg BT 283.60 292.40 Td (fect on our consolidated statements of income for the three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 280.40 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.94 280.40 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.16 280.40 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.98 280.40 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.24 280.40 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.68 280.40 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.68 280.40 Td ( of derivatives accounted for under ) Tj ET Q q 0 0 0 rg BT 419.29 280.40 Td (ASC 815-30, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 474.58 280.40 Td (Derivatives ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 268.40 Td (and HedgingCash Flow Hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.94 268.40 Td (, that were designated as hedging instruments \(in thousands\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 176.5 244.95000000000005 m 198.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 198.5 244.95000000000005 m 238.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 244.95000000000005 m 260.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.5 244.95000000000005 m 264.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 244.95000000000005 m 342.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 244.95000000000005 m 346.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 244.95000000000005 m 370.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 244.95000000000005 m 410.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 244.95000000000005 m 437.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 244.95000000000005 m 441.5 244.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 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Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (21) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180.5 652.5 m 203.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 652.5 m 243.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 652.5 m 266.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 652.5 m 270.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 652.5 m 348.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 652.5 m 352.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 652.5 m 376.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 652.5 m 417.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 652.5 m 441.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 652.5 m 445.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 652.5 m 469.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 652.5 m 507.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 652.5 m 531.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 631.5 m 376.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 631.5 m 417.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 631.5 m 441.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 631.5 m 445.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 631.5 m 469.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 631.5 m 507.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 631.5 m 531.5 631.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 63.5 618.5 m 176.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180.5 618.5 m 203.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 618.5 m 243.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 618.5 m 266.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 618.5 m 348.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352.5 618.5 m 376.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 618.5 m 417.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 618.5 m 441.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 618.5 m 469.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 618.5 m 507.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 618.5 m 531.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 618.5 m 243.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 606.5 m 243.5 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203.5 604.5 m 243.5 604.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 618.5 m 417.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 606.5 m 417.5 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 604.5 m 417.5 604.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 618.5 m 507.5 618.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 606.5 m 507.5 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 604.5 m 507.5 604.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.90 656.73 Td (Nine Months Ended September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 195.85 638.73 Td (Amount of Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.10 630.73 Td (Recognized in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 187.65 622.73 Td (AOCLonDerivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.75 644.58 Td (LocationofLoss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.75 636.58 Td (Reclassified) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.80 628.58 Td (fromAOCLinto) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.30 620.63 Td (Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.15 643.73 Td (Amount of Loss Reclassified) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.65 635.73 Td (fromAOCLintoIncome) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.35 622.73 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.50 622.73 Td (Effective Portion) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 622.73 Td (Ineffective Portion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 609.75 Td (Interest rate contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.00 609.45 Td (...................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 206.00 609.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.60 609.75 Td (\(16,939) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 240.30 609.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 273.00 609.75 Td (Interest expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.00 609.45 Td (..........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.00 609.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.60 609.75 Td (\(976) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 414.30 609.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 472.00 609.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.30 609.75 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179.5 578.5 m 202.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 578.5 m 241.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 578.5 m 262.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 262.5 578.5 m 266.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 578.5 m 347.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 578.5 m 351.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 578.5 m 375.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 578.5 m 416.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 578.5 m 440.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 578.5 m 444.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 578.5 m 466.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 578.5 m 507.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 578.5 m 531.5 578.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 557.5 m 375.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 557.5 m 416.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 557.5 m 440.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 557.5 m 444.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 557.5 m 466.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 557.5 m 507.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 557.5 m 531.5 557.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 63.5 544.5 m 175.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 179.5 544.5 m 202.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 544.5 m 241.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 544.5 m 262.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 544.5 m 347.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 544.5 m 375.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 544.5 m 416.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 544.5 m 440.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 544.5 m 466.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 544.5 m 507.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 544.5 m 531.5 544.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 532.5 m 241.5 532.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202.5 530.5 m 241.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 532.5 m 416.5 532.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 530.5 m 416.5 530.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 532.5 m 507.5 532.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 530.5 m 507.5 530.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 582.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.40 582.73 Td (Nine Months Ended September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 193.35 564.73 Td (Amount of Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 196.60 556.73 Td (Recognized in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 185.15 548.73 Td (AOCLonDerivative) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.25 570.58 Td (LocationofLoss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 286.25 562.58 Td (Reclassified) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.30 554.58 Td (fromAOCLinto) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.80 546.63 Td (Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.65 569.73 Td (Amount of Loss Reclassified) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.15 561.73 Td (fromAOCLintoIncome) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.85 548.73 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.50 548.73 Td (Effective Portion) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.60 548.73 Td (Ineffective Portion) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 535.75 Td (Interest rate contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 136.00 535.45 Td (..................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 205.00 535.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 213.60 535.75 Td (\(24,278) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 238.30 535.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 269.00 535.75 Td (Interest expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 322.00 535.45 Td (...........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 378.00 535.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 392.60 535.75 Td (\(1,288) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.30 535.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 469.00 535.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 496.30 535.75 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 516.00 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.94 516.00 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.21 516.00 Td (, the net loss estimated to be classified to interest expense over the next twelve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 504.00 Td (months from ) Tj ET Q q 0 0 0 rg BT 116.33 504.00 Td (AOCL) Tj ET Q q 0 0 0 rg BT 143.19 504.00 Td ( is approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.11 504.00 Td ($3.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.01 504.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 480.00 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.33 480.00 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.33 480.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.77 480.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.77 480.00 Td (, we had open NYMEX contracts on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.06 480.00 Td (0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.96 480.00 Td ( barrels of crude oil that were designated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 468.00 Td (as fair value hedges. Because there was no inef) Tj ET Q q 0 0 0 rg BT 253.85 468.00 Td (fectiveness recognized on these hedges, the cumulative gains at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 456.00 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.58 456.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.02 456.00 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.29 456.00 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.62 456.00 Td ($27.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.51 456.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.95 456.00 Td ($17.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.84 456.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 434.50 456.00 Td (, from these agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 444.00 Td (were of) Tj ET Q q 0 0 0 rg BT 93.08 444.00 Td (fset by a cumulative decrease to tank bottoms. ) Tj ET Q q 0 0 0 rg BT 282.84 444.00 Td (The dif) Tj ET Q q 0 0 0 rg BT 311.81 444.00 Td (ferential between the current spot price and forward ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 432.00 Td (price is excluded from the assessment of hedge ef) Tj ET Q q 0 0 0 rg BT 261.64 432.00 Td (fectiveness for these fair value hedges. For the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.68 432.00 Td (three months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 420.00 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 420.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.70 420.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.70 420.00 Td (, we recognized a gain \(loss\) of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.43 420.00 Td ($\(1.7\) million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.98 420.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.42 420.00 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.31 420.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 486.97 420.00 Td (, and for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 408.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.72 408.00 Td (nine months ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.02 408.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.46 408.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.46 408.00 Td (, we recognized a gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.47 408.00 Td ($4.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.36 408.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.80 408.00 Td ($4.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.69 408.00 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 396.00 Td (respectively) Tj ET Q q 0 0 0 rg BT 110.66 396.00 Td (, for the amounts we excluded from the assessment of ef) Tj ET Q q 0 0 0 rg BT 335.69 396.00 Td (fectiveness of these fair value hedges, which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 384.00 Td (reported as other income/expense on our consolidated statements of income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 363.00 Td (The following table provides a summary of the ef) Tj ET Q q 0 0 0 rg BT 283.60 363.00 Td (fect on our consolidated statements of income for the three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 351.00 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.94 351.00 Td (nine months ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.24 351.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.68 351.00 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.68 351.00 Td ( of derivatives accounted for under ) Tj ET Q q 0 0 0 rg BT 419.29 351.00 Td (ASC 815, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 461.25 351.00 Td (Derivatives and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 339.00 Td (Hedging) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.44 339.00 Td (, that were not designated as hedging instruments \(in thousands\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 313.5 m 338.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 313.5 m 342.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 313.5 m 402.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 313.5 m 406.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 313.5 m 466.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 313.5 m 470.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 313.5 m 530.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 291.5 m 338.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 291.5 m 342.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 291.5 m 402.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 291.5 m 466.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 291.5 m 470.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 291.5 m 530.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 278.5 m 171.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 175.5 278.5 m 274.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 291.5 m 338.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 278.5 m 338.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 291.5 m 402.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 278.5 m 402.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 291.5 m 466.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 278.5 m 466.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 291.5 m 530.5 291.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 278.5 m 530.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 278.5 m 338.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 278.5 m 402.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 278.5 m 466.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 278.5 m 530.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 233.5 m 338.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 233.5 m 402.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 233.5 m 466.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 233.5 m 530.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 233.5 m 338.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 219.5 m 338.5 219.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 217.5 m 338.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 233.5 m 402.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 219.5 m 402.5 219.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 217.5 m 402.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 233.5 m 466.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 219.5 m 466.5 219.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 217.5 m 466.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 233.5 m 530.5 233.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 219.5 m 530.5 219.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 217.5 m 530.5 217.5 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 317.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 178.00 317.75 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.65 317.73 Td (Amount of Gain \(Loss\) Recognized on Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.60 305.58 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.75 305.58 Td (Nine Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 294.45 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 184.15 290.73 Td (LocationofGain \(Loss\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 179.35 282.73 Td (RecognizedonDerivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.60 294.58 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.60 294.58 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 78.35 282.73 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.00 282.73 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.00 282.73 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.00 282.73 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.00 282.73 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 267.75 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.00 267.45 Td (..) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 178.00 267.75 Td (Productsalesrevenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 249.00 267.45 Td (...........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 281.00 267.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 313.30 267.75 Td (71,902) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.00 267.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 374.60 267.75 Td (\(12,650) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 267.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 409.00 267.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 267.75 Td (52,432) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 473.00 267.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.60 267.75 Td (\(8,438) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.30 267.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 252.75 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.00 252.45 Td (..) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 178.00 252.75 Td (Operating expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 241.00 252.45 Td (...............) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 313.30 252.75 Td (14,761) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 381.30 252.75 Td (4,212) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 252.75 Td (7,181) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.60 252.75 Td (\(1,192) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.30 252.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 237.75 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.00 237.45 Td (..) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 178.00 237.75 Td (Cost of product sales) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 247.00 237.45 Td (............) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 314.60 237.75 Td (\(3,767) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 335.30 237.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.30 237.75 Td (831) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 237.75 Td (\(5,847) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 463.30 237.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.30 237.75 Td (3,643) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 184.00 222.75 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 201.00 222.45 Td (...................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 281.00 222.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 313.30 222.75 Td (82,896) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.00 222.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 378.60 222.75 Td (\(7,607) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 399.30 222.75 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 409.00 222.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 222.75 Td (53,766) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 473.00 222.75 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.60 222.75 Td (\(5,987) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.30 222.75 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 198.00 Td (The impact of the derivatives in the above table was reflected as cash from operations on our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 186.00 Td (statements of cash flows.) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (22) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 659.10 Td (Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 638.10 Td (The following tables provide a summary of the fair value of derivatives accounted for under ) Tj ET Q q 0 0 0 rg BT 457.15 638.10 Td (ASC 815, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 626.10 Td (Derivatives and Hedging,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.03 626.10 Td ( which are presented on a net basis in our consolidated balance sheets, that were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 614.10 Td (designated as hedging instruments as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.64 614.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.22 614.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.66 614.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.92 614.10 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 590.6 m 317.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 590.6 m 321.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 590.6 m 366.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 366.5 590.6 m 370.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 590.6 m 478.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 590.6 m 482.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 590.6 m 528.5 590.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 577.6 m 317.5 577.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 577.6 m 321.5 577.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 577.6 m 366.5 577.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 577.6 m 478.5 577.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 577.6 m 482.5 577.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 577.6 m 528.5 577.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 64.5 564.6 m 208.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 564.6 m 317.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 564.6 m 366.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 564.6 m 478.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 564.6 m 528.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 517.6 m 366.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 517.6 m 528.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 517.6 m 366.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 505.6 m 366.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 503.6 m 366.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 517.6 m 528.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 505.6 m 528.5 505.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 503.6 m 528.5 503.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 594.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.75 594.83 Td (December 31, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 581.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.55 581.83 Td (Asset Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 581.83 Td (Liability Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 97.85 568.83 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.50 568.83 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.65 568.83 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 568.83 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.15 568.83 Td (Fair Value) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 556.55 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 167.00 556.55 Td (...................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.00 556.55 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 224.00 548.55 Td (contracts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 268.00 548.55 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.00 547.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 355.30 547.85 Td (60) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 373.00 555.85 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 382.00 547.85 Td (contracts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.00 547.55 Td (.........................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 547.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.30 547.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 535.55 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 167.00 535.55 Td (...................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.00 535.55 Td (Other noncurrent assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 292.00 535.55 Td (...........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.25 534.85 Td (3,478) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 373.00 535.55 Td (Other noncurrent liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 461.00 535.55 Td (.......) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 517.30 534.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.00 522.55 Td (Interest rate contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.00 522.55 Td (..................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.00 522.55 Td (Other current assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 280.00 522.55 Td (.................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.25 521.85 Td (2,179) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 373.00 522.55 Td (Other current liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.00 522.55 Td (.............) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.30 521.85 Td (653) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 221.00 509.55 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 238.00 509.55 Td (......................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.00 508.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.25 508.85 Td (5,717) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.00 508.85 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.00 508.55 Td (.......................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 508.85 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.30 508.85 Td (653) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 297.00 495.50 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 472 m 315.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 472 m 319.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 472 m 365.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 472 m 369.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 472 m 480.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 472 m 484.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 472 m 530.5 472 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 459 m 315.5 459 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 459 m 319.5 459 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 459 m 365.5 459 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 459 m 480.5 459 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 459 m 484.5 459 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 459 m 530.5 459 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 446 m 206.5 446 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 446 m 315.5 446 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 446 m 365.5 446 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 446 m 480.5 446 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 446 m 530.5 446 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 420 m 365.5 420 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 420 m 530.5 420 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 420 m 365.5 420 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 408 m 365.5 408 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 406 m 365.5 406 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 420 m 530.5 420 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 408 m 530.5 408 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 406 m 530.5 406 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 476.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.60 476.23 Td (September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 463.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.05 463.23 Td (Asset Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.50 463.23 Td (Liability Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 95.85 450.23 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.50 450.23 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.15 450.23 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.50 450.23 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.15 450.23 Td (Fair Value) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 437.95 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 165.00 437.95 Td (...................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 213.00 437.95 Td (Other noncurrent assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 290.00 437.95 Td (...........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 322.00 437.25 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 350.30 437.25 Td (101) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 372.00 437.95 Td (Other noncurrent liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.00 437.95 Td (.........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 487.00 437.25 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 519.30 437.25 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 424.95 Td (Interest rate contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.00 424.95 Td (..................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 213.00 424.95 Td (Other noncurrent assets) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 290.00 424.95 Td (...........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 354.30 424.25 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 372.00 424.95 Td (Other noncurrent liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 459.00 424.95 Td (.........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.25 424.25 Td (3,465) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 219.00 411.95 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.00 411.95 Td (......................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 322.00 411.25 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 350.30 411.25 Td (101) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 378.00 411.95 Td (Total) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.00 411.95 Td (.........................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 487.00 411.25 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.25 411.25 Td (3,465) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 297.00 397.90 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 373.90 Td (The following tables provide a summary of the fair value of derivatives accounted for under ) Tj ET Q q 0 0 0 rg BT 457.15 373.90 Td (ASC 815, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 361.90 Td (Derivatives and Hedging,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.03 361.90 Td ( which are presented on a net basis in our consolidated balance sheets, that were not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 349.90 Td (designated as hedging instruments as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.64 349.90 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.22 349.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.66 349.90 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.92 349.90 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 326.4 m 316.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 326.4 m 320.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 326.4 m 365.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 326.4 m 369.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 326.4 m 480.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 326.4 m 484.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 326.4 m 530.5 326.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 313.4 m 316.5 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 313.4 m 320.5 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 313.4 m 365.5 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 313.4 m 480.5 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 313.4 m 484.5 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 313.4 m 530.5 313.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 300.4 m 207.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 300.4 m 316.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 300.4 m 365.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 300.4 m 480.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 300.4 m 530.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 300.4 m 365.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 280.4 m 365.5 280.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 278.4 m 365.5 278.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 300.4 m 530.5 300.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 280.4 m 530.5 280.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 278.4 m 530.5 278.4 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 245.39999999999998 m 316.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 245.39999999999998 m 320.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 245.39999999999998 m 365.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 245.39999999999998 m 369.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 245.39999999999998 m 480.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 245.39999999999998 m 484.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 245.39999999999998 m 530.5 245.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 232.39999999999998 m 316.5 232.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 232.39999999999998 m 320.5 232.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 232.39999999999998 m 365.5 232.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 232.39999999999998 m 480.5 232.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 232.39999999999998 m 484.5 232.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 232.39999999999998 m 530.5 232.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 219.39999999999998 m 207.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 219.39999999999998 m 316.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 219.39999999999998 m 365.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 219.39999999999998 m 480.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 219.39999999999998 m 530.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 219.39999999999998 m 365.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 199.39999999999998 m 365.5 199.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 197.39999999999998 m 365.5 197.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 219.39999999999998 m 530.5 219.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 199.39999999999998 m 530.5 199.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 197.39999999999998 m 530.5 197.39999999999998 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 330.65 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.25 330.63 Td (December 31, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 317.65 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.55 317.63 Td (Asset Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.50 317.63 Td (Liability Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 96.35 304.63 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.50 304.63 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.65 304.63 Td (FairValue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.50 304.63 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.15 304.63 Td (FairValue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 292.35 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.00 292.35 Td (....................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 214.00 292.35 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 223.00 284.35 Td (contracts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 267.00 284.35 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 323.00 283.65 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 340.25 283.65 Td (44,829) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 372.00 292.35 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 381.00 284.35 Td (contracts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.00 284.35 Td (..........................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 487.00 283.65 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.25 283.65 Td (5,646) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 249.65 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.10 249.63 Td (September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 236.65 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.55 236.63 Td (Asset Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.50 236.63 Td (Liability Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 96.35 223.63 Td (Derivative Instrument) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.50 223.63 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.65 223.63 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.50 223.63 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.15 223.63 Td (Fair Value) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 211.35 Td (NYMEX commodity contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.00 211.35 Td (....................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 214.00 210.65 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 223.00 202.65 Td (contracts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 267.00 202.35 Td (.......................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 323.00 202.65 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 344.25 202.65 Td (3,146) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 372.00 210.65 Td (Energy commodity derivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 381.00 202.65 Td (contracts, net) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.00 202.35 Td (..........................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 487.00 202.65 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 505.25 202.65 Td (15,576) Tj ET Q BT /F1 10.00 Tf ET BT /F1 14.00 Tf ET q 0 0 0 rg BT 297.00 182.10 Td () Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 659.25 Td (9. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 659.25 Td (Commitments and Contingencies) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 635.25 Td (Envir) Tj ET Q q 0 0 0 rg BT 107.35 635.25 Td (onmental Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.62 635.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 611.25 Td (Liabilities recognized for estimated environmental costs were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.08 611.25 Td ($31.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.97 611.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.41 611.25 Td ($25.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 611.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.58 599.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.02 599.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.29 599.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 293.95 599.25 Td (. ) Tj ET Q q 0 0 0 rg BT 298.77 599.25 Td (W) Tj ET Q q 0 0 0 rg BT 307.40 599.25 Td (e have classified environmental liabilities as current or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 587.25 Td (noncurrent based on management) Tj ET Q q 0 0 0 rg BT 200.45 587.25 Td (s estimates regarding the timing of actual payments. Management estimates that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 575.25 Td (expenditures associated with these environmental liabilities will be substantially paid over the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.95 575.25 Td (9 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.55 575.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 563.25 Td (Environmental expense recognized as a result of changes in our environmental liabilities are generally included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 551.25 Td (operating expenses on our consolidated statements of income. Environmental expenses were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.67 551.25 Td ($1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.56 551.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 551.25 Td ($0.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 539.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 539.25 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.27 539.25 Td (three months ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.34 539.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.78 539.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.78 539.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 376.44 539.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.38 539.25 Td ($5.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.27 539.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.71 539.25 Td ($4.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.60 539.25 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 527.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.72 527.25 Td (nine months ended September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.02 527.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.46 527.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.46 527.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 328.12 527.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 503.25 Td (Envir) Tj ET Q q 0 0 0 rg BT 108.85 503.25 Td (onmental Receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.31 503.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 479.25 Td (Receivables from insurance carriers and other third parties related to environmental matters were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.67 479.25 Td ($2.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.56 479.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 467.25 Td (at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.72 467.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.30 467.25 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.07 467.25 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.96 467.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.40 467.25 Td ($1.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.29 467.25 Td ( were recorded to other accounts receivable and long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 455.25 Td (term receivables, respectively) Tj ET Q q 0 0 0 rg BT 181.46 455.25 Td (, on our consolidated balance sheets. Receivables from insurance carriers and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 443.25 Td (third parties related to environmental matters were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.64 443.25 Td ($2.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.54 443.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.75 443.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.02 443.25 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.78 443.25 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.68 443.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 431.25 Td ($1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.89 431.25 Td ( were recorded to other accounts receivable and long-term receivables, respectively) Tj ET Q q 0 0 0 rg BT 444.69 431.25 Td (, on our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 419.25 Td (balance sheets.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 398.25 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.33 398.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 377.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 377.25 Td (e are a party to various other claims, legal actions and complaints arising in the ordinary course of business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 365.25 Td (including without limitation those disclosed in Item 1, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 282.15 365.25 Td (Legal Pr) Tj ET Q q 0 0 0 rg BT 317.05 365.25 Td (oceedings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.04 365.25 Td ( of Part II of this report on Form 10-Q. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 353.25 Td (While the results cannot be predicted with certainty) Tj ET Q q 0 0 0 rg BT 268.66 353.25 Td (, management believes the ultimate resolution of these claims, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 341.25 Td (legal actions and complaints after consideration of amounts accrued, insurance coverage or other indemnification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 329.25 Td (arrangements will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 256.90 329.25 Td (fect on our results of operations, financial position or cash flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 317.25 Td (See Note 14 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 121.88 317.25 Td (Subsequent Events) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.58 317.25 Td ( for additional information about a recent event.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 284.25 Td (10. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 284.25 Td (Long-T) Tj ET Q q 0 0 0 rg BT 116.81 284.25 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 267.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 267.25 Td (e have a long-term incentive plan \(L) Tj ET Q q 0 0 0 rg BT 244.65 267.25 Td (TIP\) for certain of our employees and directors of our general partner) Tj ET Q q 0 0 0 rg BT 526.48 267.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 255.25 Td (The L) Tj ET Q q 0 0 0 rg BT 86.24 255.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 100.87 255.25 Td ( primarily consists of phantom units and permits the grant of awards covering an aggregate payout of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.70 255.25 Td (1) Tj ET Q q 0 0 0 rg BT 512.33 255.25 Td (1.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 243.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 243.25 Td ( of our limited partner units. ) Tj ET Q q 0 0 0 rg BT 209.46 243.25 Td (The compensation committee of our general partner) Tj ET Q q 0 0 0 rg BT 417.53 243.25 Td () Tj ET Q q 0 0 0 rg BT 420.31 243.25 Td (s board of directors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 231.25 Td (administers our L) Tj ET Q q 0 0 0 rg BT 132.62 231.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 146.52 231.25 Td (. ) Tj ET Q q 0 0 0 rg BT 153.83 231.25 Td (The estimated units remaining available under the L) Tj ET Q q 0 0 0 rg BT 361.46 231.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 376.09 231.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.30 231.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.57 231.25 Td ( total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.34 231.25 Td (3.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 219.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 219.25 Td (. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 209.65 Td () Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 659.10 Td (Our equity-based incentive compensation expense \(benefit\) was as follows \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 626.6 m 285 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 626.6 m 289 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 626.6 m 334 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334 626.6 m 338 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 626.6 m 383 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 626.6 m 432 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 626.6 m 436 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 626.6 m 481 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 626.6 m 485 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 626.6 m 530 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 605.6 m 285 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 605.6 m 334 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 605.6 m 383 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 605.6 m 432 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 605.6 m 481 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 605.6 m 530 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 605.6 m 285 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 605.6 m 334 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 605.6 m 432 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 605.6 m 481 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 530.6 m 285 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 530.6 m 334 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 530.6 m 383 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 530.6 m 432 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 530.6 m 481 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 530.6 m 530 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 530.6 m 285 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 516.6 m 285 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 514.6 m 285 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 530.6 m 334 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 516.6 m 334 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 514.6 m 334 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 516.6 m 383 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 514.6 m 383 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 530.6 m 432 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 516.6 m 432 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 514.6 m 432 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 530.6 m 481 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 516.6 m 481 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 514.6 m 481 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 516.6 m 530 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 514.6 m 530 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 459.6 m 383 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 459.6 m 530 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 459.6 m 383 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 445.6 m 383 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 443.6 m 383 443.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 459.6 m 530 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 445.6 m 530 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 443.6 m 530 443.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.60 640.68 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.75 640.68 Td (Nine Months Ended) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.50 629.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.60 629.68 Td (September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.60 629.68 Td (September 30, 2015) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.50 609.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.40 617.83 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.65 609.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.30 617.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.65 609.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 609.83 Td (Total) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.40 617.83 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.65 609.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.30 617.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.65 609.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.25 609.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 596.17 Td (Performance-based awards:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 581.17 Td (2013 awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 581.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 580.27 Td (1,673) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.80 580.32 Td (\(590) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.15 580.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 580.27 Td (1,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.50 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 580.27 Td (6,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 580.27 Td (501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 580.27 Td (6,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 566.17 Td (2014 awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 566.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 565.27 Td (1,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 565.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 565.27 Td (1,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 565.27 Td (3,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 565.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 565.27 Td (3,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 551.17 Td (2015 awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 551.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 550.27 Td (1,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 550.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 550.27 Td (1,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 550.27 Td (3,687) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 550.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 550.27 Td (3,687) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 536.17 Td (Time-based awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 536.17 Td (.....................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 535.27 Td (380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 535.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 535.27 Td (380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 535.27 Td (812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 535.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.15 535.27 Td (812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 521.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 521.17 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 520.27 Td (5,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.80 520.32 Td (\(590) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.15 520.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 520.27 Td (4,687) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.50 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 520.27 Td (14,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 520.27 Td (501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 520.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 520.27 Td (15,226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 494.17 Td (Allocation of LTIP expense on our consolidated statements of income:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 480.17 Td (G&A expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 480.17 Td (.........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 479.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 479.27 Td (4,643) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 479.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 479.27 Td (15,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 465.17 Td (Operating expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 465.17 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 464.27 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.15 464.27 Td (210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 450.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 450.17 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 449.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 449.27 Td (4,687) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 449.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 449.27 Td (15,226) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 413.6 m 285 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 413.6 m 289 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 413.6 m 334 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334 413.6 m 338 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 413.6 m 383 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 413.6 m 432 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 413.6 m 436 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 413.6 m 481 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 413.6 m 485 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 413.6 m 530 413.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 392.6 m 285 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 392.6 m 334 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 392.6 m 383 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 392.6 m 432 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 392.6 m 481 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 392.6 m 530 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 392.6 m 285 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 392.6 m 334 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 392.6 m 432 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 392.6 m 481 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 317.6 m 285 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 317.6 m 334 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 317.6 m 383 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 317.6 m 432 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 317.6 m 481 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 303.6 m 285 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 301.6 m 285 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 303.6 m 334 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 301.6 m 334 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 303.6 m 383 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 301.6 m 383 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 317.6 m 432 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 303.6 m 432 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 301.6 m 432 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 317.6 m 481 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 303.6 m 481 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 301.6 m 481 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 317.6 m 530 317.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 303.6 m 530 303.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 301.6 m 530 301.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 246.60000000000002 m 383 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 232.60000000000002 m 383 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338 230.60000000000002 m 383 230.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 246.60000000000002 m 530 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 232.60000000000002 m 530 232.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 230.60000000000002 m 530 230.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.60 426.68 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.75 426.68 Td (Nine Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.60 415.73 Td (September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.60 415.73 Td (September 30, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.50 396.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.40 404.83 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.65 396.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.30 404.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.65 396.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 396.83 Td (Total) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.40 404.83 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.65 396.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.30 404.83 Td (Liability) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.65 396.83 Td (Method) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.25 396.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 383.17 Td (Performance-based awards:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 368.17 Td (2014 awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 368.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 367.27 Td (1,780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 367.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 367.27 Td (1,780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.50 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 367.27 Td (6,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 367.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 367.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 367.27 Td (6,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 353.17 Td (2015 awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 353.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 352.27 Td (1,208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 352.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 352.27 Td (1,208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 352.27 Td (3,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 352.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 352.27 Td (3,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 338.17 Td (2016 awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.00 338.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 337.27 Td (1,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 337.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 337.27 Td (1,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 337.27 Td (3,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 337.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 337.27 Td (3,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 323.17 Td (Time-based awards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.00 323.17 Td (.....................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 322.27 Td (593) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 322.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 322.27 Td (593) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 322.27 Td (1,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 322.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 322.27 Td (1,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 308.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 308.17 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 307.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 307.27 Td (4,678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 307.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.15 307.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 307.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 307.27 Td (4,678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.50 307.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 307.27 Td (14,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 307.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 307.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 307.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 307.27 Td (14,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 281.17 Td (Allocation of LTIP expense on our consolidated statements of income:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 267.17 Td (G&A expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 267.17 Td (.........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 266.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 266.27 Td (4,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 266.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 266.27 Td (14,623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 252.17 Td (Operating expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.00 252.17 Td (.................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 251.27 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.15 251.27 Td (114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 237.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.50 237.17 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.50 236.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.65 236.27 Td (4,678) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.50 236.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.60 236.27 Td (14,737) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 204.10 Td (In February 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.93 204.10 Td (218,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.43 204.10 Td ( phantom unit awards were issued pursuant to our L) Tj ET Q q 0 0 0 rg BT 398.97 204.10 Td (TIP) Tj ET Q q 0 0 0 rg BT 412.86 204.10 Td (. ) Tj ET Q q 0 0 0 rg BT 420.18 204.10 Td (These grants included both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 192.10 Td (performance-based and time-based phantom unit awards and have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.06 192.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.04 192.10 Td (-year vesting period that will end on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 180.10 Td (December 31, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 156.10 Td (In February 2016, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.59 156.10 Td (350,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.09 156.10 Td ( limited partner units to settle unit award grants to certain employees that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 144.10 Td (vested on December 31, 2015. Further) Tj ET Q q 0 0 0 rg BT 218.67 144.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.67 144.10 Td (6,1) Tj ET Q q 0 0 0 rg BT 235.80 144.10 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.80 144.10 Td ( limited partner units were issued during 2016 to settle the equity-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 132.10 Td (based retainers paid to the directors of our general partner) Tj ET Q q 0 0 0 rg BT 293.74 132.10 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 108.10 Td (Basic and Diluted Net Income Per Limited Partner Unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 84.10 Td (The dif) Tj ET Q q 0 0 0 rg BT 114.47 84.10 Td (ference between our actual limited partner units outstanding and our weighted-average number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 72.10 Td (limited partner units outstanding used to calculate basic net income per unit is due to the impact of: \(i\) the phantom ) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 659.10 Td (units issued to non-employee directors and \(ii\) the weighted average ef) Tj ET Q q 0 0 0 rg BT 346.61 659.10 Td (fect of units actually issued during a period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (The dif) Tj ET Q q 0 0 0 rg BT 91.97 647.10 Td (ference between the weighted-average number of limited partner units outstanding used for basic and diluted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 635.10 Td (net income per unit calculations on our consolidated statements of income is primarily the dilutive ef) Tj ET Q q 0 0 0 rg BT 466.32 635.10 Td (fect of phantom ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 623.10 Td (unit grants associated with our L) Tj ET Q q 0 0 0 rg BT 192.89 623.10 Td (TIP) Tj ET Q q 0 0 0 rg BT 207.52 623.10 Td ( that have not yet vested.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 587.10 Td (1) Tj ET Q q 0 0 0 rg BT 67.45 587.10 Td (1. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 587.10 Td (Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 570.10 Td (Distributions we paid during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.21 570.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.21 570.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 570.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.65 570.10 Td ( were as follows \(in thousands, except per unit amounts\):) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 153.85 366.10 Td () Tj ET Q 1 1 1 rg /GS0 gs 156.60 530.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 518.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 506.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 494.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 482.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 470.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 446.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 434.60 103.00 -14.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 420.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 408.60 103.00 -12.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 396.60 103.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 156.60 381.60 103.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.6 530.6 m 259.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 263.6 530.6 m 275.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 530.6 m 335.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.6 530.6 m 347.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.6 530.6 m 363.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 530.6 m 426.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.6 530.6 m 438.6 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 494.6 m 335.6 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 494.6 m 426.6 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 470.6 m 335.6 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 459.6 m 335.6 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 457.6 m 335.6 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 470.6 m 426.6 470.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 459.6 m 426.6 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 457.6 m 426.6 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 408.6 m 335.6 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 408.6 m 426.6 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 381.6 m 335.6 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 381.6 m 426.6 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 381.6 m 335.6 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 370.6 m 335.6 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.6 368.6 m 335.6 368.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 381.6 m 426.6 381.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 370.6 m 426.6 370.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.6 368.6 m 426.6 368.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 183.45 534.83 Td (Payment Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.95 550.83 Td (Per) Tj ET Q q 0 0 0 rg BT 292.79 550.83 Td (Unit Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.20 542.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.05 534.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.25 542.83 Td (Total Cash Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.80 534.83 Td (to Limited Partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 521.22 Td (02/13/2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.10 521.22 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.10 521.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 521.22 Td (0.6950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 521.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 521.22 Td (158,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 509.22 Td (05/15/2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.10 509.22 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 509.22 Td (0.7175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 509.22 Td (163,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 497.22 Td (08/14/2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.10 497.22 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 497.22 Td (0.7400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 497.22 Td (168,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 485.22 Td (Through 09/30/2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.60 485.22 Td (.....) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 485.22 Td (2.1525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 485.22 Td (489,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 473.22 Td (11/13/2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.10 473.22 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 473.22 Td (0.7625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 473.22 Td (173,413) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.10 461.22 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.60 461.22 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.10 461.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 461.22 Td (2.9150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 461.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 461.22 Td (662,948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 437.22 Td (2/12/2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.10 437.22 Td (......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.10 437.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 437.22 Td (0.7850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 437.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 437.22 Td (178,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 425.17 Td (5/13/2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.10 425.17 Td (......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 425.17 Td (0.8025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 425.17 Td (182,797) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 411.22 Td (08/12/2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.10 411.22 Td (....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 411.22 Td (0.8200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 411.22 Td (186,783) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 399.22 Td (Through 09/30/2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.60 399.22 Td (.....) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 399.22 Td (2.4075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 399.22 Td (548,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.10 387.17 Td (1) Tj ET Q q 0 0 0 rg BT 163.73 387.17 Td (1/14/2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 204.29 391.70 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.60 387.17 Td (.................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 386.27 Td (0.8375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 386.27 Td (190,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.10 372.22 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.60 372.22 Td (.......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.10 372.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.25 372.22 Td (3.2450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 372.22 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.25 372.22 Td (739,157) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.50 346.90 Td (\(1\) Our general partner) Tj ET Q q 0 0 0 rg BT 251.76 346.90 Td () Tj ET Q q 0 0 0 rg BT 253.98 346.90 Td (s board of directors declared this cash distribution ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 189.00 337.30 Td (in October 2016 to be paid on ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 286.54 337.30 Td (November 14, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 350.30 337.30 Td ( to unitholders of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 189.00 327.70 Td (record at the close of business on ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 297.19 327.70 Td (October31, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 352.96 327.70 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 296.50 Td (12. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 296.50 Td (Fair) Tj ET Q q 0 0 0 rg BT 103.64 296.50 Td ( ) Tj ET Q q 0 0 0 rg BT 105.96 296.50 Td (V) Tj ET Q q 0 0 0 rg BT 112.27 296.50 Td (alue) Tj ET Q BT /F3 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 87 271.1669921875 m 127.546875 271.1669921875 l s q 0 0 0 rg BT 87.00 272.50 Td (Recurring) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 248.50 Td (Fair V) Tj ET Q q 0 0 0 rg BT 112.28 248.50 Td (alue Methods and ) Tj ET Q q 0 0 0 rg BT 186.25 248.50 Td (Assumptions - Financial ) Tj ET Q q 0 0 0 rg BT 286.35 248.50 Td (Assets and Liabilities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 224.50 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 224.50 Td (e used the following methods and assumptions in estimating fair value of our financial assets and liabilities:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 108.00 200.50 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.00 200.50 Td (Ener) Tj ET Q q 0 0 0 rg BT 154.07 200.50 Td (gy commodity derivatives contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.97 200.50 Td (. ) Tj ET Q q 0 0 0 rg BT 303.29 200.50 Td (These include NYMEX futures agreements related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 188.50 Td (petroleum products. ) Tj ET Q q 0 0 0 rg BT 219.80 188.50 Td (These contracts are carried at fair value on our consolidated balance sheets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 176.50 Td (and are valued based on quoted prices in active markets. See Note 8 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 419.35 176.50 Td (Derivative Financial ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.00 164.50 Td (Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.22 164.50 Td ( for further disclosures regarding these contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.00 140.50 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.00 140.50 Td (Inter) Tj ET Q q 0 0 0 rg BT 154.07 140.50 Td (est rate contracts. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.50 140.50 Td (These include forward-starting interest rate swap agreements to hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 128.50 Td (against the risk of variability of interest payments on future debt. ) Tj ET Q q 0 0 0 rg BT 396.97 128.50 Td (These contracts are carried at fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 116.50 Td (value on our consolidated balance sheets and are valued based on an assumed exchange, at the end ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 104.50 Td (of each period, in an orderly transaction with a market participant in the market in which the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 92.50 Td (financial instrument is traded. ) Tj ET Q q 0 0 0 rg BT 256.73 92.50 Td (The exchange value was calculated using present value techniques ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 80.50 Td (on estimated future cash flows based on forward interest rate curves. See Note 8 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 466.00 80.50 Td (Derivative ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.00 68.50 Td (Financial Instruments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.10 68.50 Td (for further disclosures regarding these contracts.) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (26) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 108.00 647.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.00 647.10 Td (Long-term r) Tj ET Q q 0 0 0 rg BT 183.24 647.10 Td (eceivables. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.88 647.10 Td ( ) Tj ET Q q 0 0 0 rg BT 232.20 647.10 Td (These primarily include lease payments receivable under a direct-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 635.10 Td (financing leasing arrangement and cost reimbursement payments receivable. ) Tj ET Q q 0 0 0 rg BT 445.81 635.10 Td (These receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 623.10 Td (were recorded at fair value on our consolidated balance sheets, using then-current market rates to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 611.10 Td (estimate the present value of future cash flows. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 108.00 587.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.00 587.10 Td (Debt.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.94 587.10 Td ( ) Tj ET Q q 0 0 0 rg BT 159.26 587.10 Td (The fair value of our publicly traded notes was based on the prices of those notes at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 575.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.58 575.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.02 575.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.29 575.10 Td (; however) Tj ET Q q 0 0 0 rg BT 352.59 575.10 Td (, where recent observable market trades ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 563.10 Td (were not available, prices were determined using adjustments to the last traded value for that debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 551.10 Td (issuance or by adjustments to the prices of similar debt instruments of peer entities that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 539.10 Td (actively traded.) Tj ET Q q 0 0 0 rg BT 198.96 539.10 Td (The carrying amount of borrowings, if any) Tj ET Q q 0 0 0 rg BT 369.09 539.10 Td (, under our revolving credit facility and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 527.10 Td (our commercial paper program approximates fair value due to the frequent repricing of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 515.10 Td (obligations. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 491.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 112.28 491.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 162.18 491.10 Td (ements - Financial ) Tj ET Q q 0 0 0 rg BT 239.48 491.10 Td (Assets and Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 467.10 Td (The following tables summarize the carrying amounts, fair values and recurring fair value measurements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 455.10 Td (recorded or disclosed as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.68 455.10 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.27 455.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.71 455.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.97 455.10 Td ( based on the three levels established by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 443.10 Td (ASC 820, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 104.95 443.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 130.23 443.10 Td (alue Measur) Tj ET Q q 0 0 0 rg BT 180.13 443.10 Td (ements and Disclosur) Tj ET Q q 0 0 0 rg BT 266.42 443.10 Td (es ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.25 443.10 Td (\(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 421.6 m 255.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 421.6 m 259.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 421.6 m 315.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 421.6 m 319.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 421.6 m 375.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 421.6 m 379.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 421.6 m 435.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 421.6 m 439.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 421.6 m 495.5 421.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 410.6 m 375.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 410.6 m 379.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 410.6 m 435.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 410.6 m 439.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 410.6 m 495.5 410.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 63.5 358.6 m 196.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 358.6 m 255.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 358.6 m 315.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 358.6 m 375.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 358.6 m 435.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 358.6 m 495.5 358.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.25 424.68 Td (December 31, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 98.05 362.83 Td (Assets \(Liabilities\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 262.00 413.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.70 413.68 Td (Fair Value Measurements using:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 211.70 370.83 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.45 362.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.15 362.83 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.85 402.68 Td (QuotedPrices ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.00 394.68 Td (in ) Tj ET Q q 0 0 0 rg BT 341.23 394.68 Td (Active ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.55 386.68 Td (Markets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.85 378.68 Td (for) Tj ET Q q 0 0 0 rg BT 335.92 378.68 Td ( Identical) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.30 370.68 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.00 362.68 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.55 394.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.85 386.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.40 378.83 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.85 370.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.00 362.83 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.55 386.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.40 378.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.85 370.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 362.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 349.17 Td (Energy commodity derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 339.17 Td (contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 339.17 Td (................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 338.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.15 338.27 Td (42,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 338.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 338.27 Td (42,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 338.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 338.27 Td (42,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 338.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 338.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 338.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 338.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 324.17 Td (Interest rate contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.00 324.17 Td (................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 324.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.15 324.17 Td (1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 324.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 324.17 Td (1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 324.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 324.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 324.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 324.17 Td (1,526) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 324.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 324.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 310.17 Td (Long-term receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 310.17 Td (..............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 310.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.15 310.17 Td (20,374) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 310.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 310.17 Td (20,374) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 310.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 310.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 310.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 310.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 310.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 310.17 Td (20,374) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 296.17 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 296.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 296.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.30 296.17 Td (\(3,439,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.65 296.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 296.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 296.17 Td (\(3,284,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 296.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 296.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 296.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 296.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.30 296.22 Td (\(3,284,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 296.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 296.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 296.17 Td () Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 258.6 m 255.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 258.6 m 259.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 258.6 m 315.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 258.6 m 319.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 258.6 m 375.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 258.6 m 379.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 258.6 m 435.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 258.6 m 439.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 258.6 m 495.5 258.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 247.60000000000002 m 375.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 247.60000000000002 m 379.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 247.60000000000002 m 435.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 247.60000000000002 m 439.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 247.60000000000002 m 495.5 247.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 63.5 195.60000000000002 m 196.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 195.60000000000002 m 255.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 259.5 195.60000000000002 m 315.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 195.60000000000002 m 375.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 195.60000000000002 m 435.5 195.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 195.60000000000002 m 495.5 195.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.10 261.68 Td (September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 98.05 199.83 Td (Assets \(Liabilities\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 203.00 250.55 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.70 250.68 Td (Fair Value Measurements using:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 211.70 207.83 Td (Carrying) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.45 199.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.15 199.83 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.85 239.68 Td (Quoted Prices ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.00 231.68 Td (in ) Tj ET Q q 0 0 0 rg BT 340.23 231.68 Td (Active ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.55 223.68 Td (Markets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.85 215.68 Td (for) Tj ET Q q 0 0 0 rg BT 335.92 215.68 Td ( Identical) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.30 207.68 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.00 199.68 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.55 231.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.85 223.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.40 215.83 Td (Observable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.85 207.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.00 199.83 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.55 223.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.40 215.83 Td (Unobservable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.85 207.83 Td (Inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 199.83 Td (\(Level 3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 186.17 Td (Energy commodity derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 176.17 Td (contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.00 176.17 Td (................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 175.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.80 175.27 Td (\(12,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.65 175.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 175.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.80 175.27 Td (\(12,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 175.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 175.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 175.32 Td (\(12,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 175.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 175.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 175.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 175.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 175.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 161.17 Td (Interest rate contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.00 161.17 Td (................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.80 160.27 Td (\(3,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.65 160.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.80 160.27 Td (\(3,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 160.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 160.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.80 160.32 Td (\(3,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 160.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 160.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 160.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 146.17 Td (Long-term receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 146.17 Td (..............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 145.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.15 145.27 Td (22,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 145.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.15 145.27 Td (22,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 145.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 145.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 145.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 145.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 145.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.15 145.27 Td (22,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 131.17 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 131.17 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.00 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.30 130.27 Td (\(4,323,522) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.65 130.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.00 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.30 130.27 Td (\(4,678,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.65 130.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.00 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 130.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.30 130.32 Td (\(4,678,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 130.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 130.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 130.27 Td () Tj ET Q BT /F1 10.00 Tf ET endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.05 696.00 Td (MAGELLAN MIDSTREAM P) Tj ET Q q 0 0 0 rg BT 328.64 696.00 Td (AR) Tj ET Q q 0 0 0 rg BT 342.73 696.00 Td (TNERS, L.P) Tj ET Q q 0 0 0 rg BT 395.44 696.00 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 139.20 684.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 175.42 684.00 Td (T) Tj ET Q q 0 0 0 rg BT 181.91 684.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 252.01 684.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 331.19 684.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 345.18 684.00 Td (A) Tj ET Q q 0 0 0 rg BT 351.66 684.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 659.25 Td (13. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 659.25 Td (Related Party ) Tj ET Q q 0 0 0 rg BT 146.96 659.25 Td (T) Tj ET Q q 0 0 0 rg BT 152.89 659.25 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 635.25 Td (Barry R. Pearl is an independent member of our general partner) Tj ET Q q 0 0 0 rg BT 345.00 635.25 Td () Tj ET Q q 0 0 0 rg BT 347.78 635.25 Td (s board of directors and was also a director of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 623.25 Td (the general partner of ) Tj ET Q q 0 0 0 rg BT 151.11 623.25 Td (T) Tj ET Q q 0 0 0 rg BT 156.52 623.25 Td (ar) Tj ET Q q 0 0 0 rg BT 164.10 623.25 Td (ga Resources Partners, L.P) Tj ET Q q 0 0 0 rg BT 270.47 623.25 Td (. \(T) Tj ET Q q 0 0 0 rg BT 291.15 623.25 Td (ar) Tj ET Q q 0 0 0 rg BT 298.74 623.25 Td (ga\) through February 29, 2016. In the normal course of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 611.25 Td (business, we purchase butane from subsidiaries of ) Tj ET Q q 0 0 0 rg BT 265.55 611.25 Td (T) Tj ET Q q 0 0 0 rg BT 270.96 611.25 Td (ar) Tj ET Q q 0 0 0 rg BT 278.55 611.25 Td (ga. During Mr) Tj ET Q q 0 0 0 rg BT 337.99 611.25 Td (. Pearl) Tj ET Q q 0 0 0 rg BT 366.31 611.25 Td (s tenure as a director of the general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.25 Td (partner of ) Tj ET Q q 0 0 0 rg BT 104.46 599.25 Td (T) Tj ET Q q 0 0 0 rg BT 109.88 599.25 Td (ar) Tj ET Q q 0 0 0 rg BT 117.46 599.25 Td (ga, we made purchases of butane from subsidiaries of ) Tj ET Q q 0 0 0 rg BT 334.44 599.25 Td (T) Tj ET Q q 0 0 0 rg BT 339.85 599.25 Td (ar) Tj ET Q q 0 0 0 rg BT 347.43 599.25 Td (ga of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.20 599.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.09 599.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.53 599.25 Td ($14.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.42 599.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 587.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 110.66 587.25 Td (, for the three and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.96 587.25 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.18 587.25 Td ( month periods ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.39 587.25 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 587.25 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.59 587.25 Td ($4.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.48 587.25 Td ( for the period from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 575.25 Td (January 1, 2016 through February 29, 2016. ) Tj ET Q q 0 0 0 rg BT 243.63 575.25 Td (These purchases were based on the then-current index prices. ) Tj ET Q q 0 0 0 rg BT 493.62 575.25 Td (W) Tj ET Q q 0 0 0 rg BT 502.26 575.25 Td (e had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 563.25 Td (recognized payables to ) Tj ET Q q 0 0 0 rg BT 156.95 563.25 Td (T) Tj ET Q q 0 0 0 rg BT 162.36 563.25 Td (ar) Tj ET Q q 0 0 0 rg BT 169.94 563.25 Td (ga of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.71 563.25 Td ($2.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.60 563.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.82 563.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.40 563.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 539.25 Td (Stacy P) Tj ET Q q 0 0 0 rg BT 119.17 539.25 Td (. Methvin was elected as an independent member of our general partner) Tj ET Q q 0 0 0 rg BT 406.09 539.25 Td () Tj ET Q q 0 0 0 rg BT 408.87 539.25 Td (s board of directors on ) Tj ET Q q 0 0 0 rg BT 500.80 539.25 Td (April ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 527.25 Td (23, 2015 and is also a director of one of our customers. ) Tj ET Q q 0 0 0 rg BT 288.04 527.25 Td (W) Tj ET Q q 0 0 0 rg BT 296.68 527.25 Td (e received tarif) Tj ET Q q 0 0 0 rg BT 356.46 527.25 Td (f revenue from this customer of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.30 527.25 Td ($4.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 515.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 515.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.33 515.25 Td ($6.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.22 515.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 212.88 515.25 Td (, for the three and nine month periods ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.61 515.25 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.88 515.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.31 515.25 Td ($4.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 503.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 503.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.33 503.25 Td ($12.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.22 503.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 217.88 503.25 Td (, for the three and nine month periods ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.27 503.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.54 503.25 Td (. ) Tj ET Q q 0 0 0 rg BT 487.36 503.25 Td (W) Tj ET Q q 0 0 0 rg BT 495.99 503.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 491.25 Td (recorded receivables of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.78 491.25 Td ($1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.67 491.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.11 491.25 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.00 491.25 Td ( from this customer at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.26 491.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.84 491.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.28 491.25 Td (September30, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 479.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 479.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 135.66 479.25 Td (. ) Tj ET Q q 0 0 0 rg BT 142.98 479.25 Td (The tarif) Tj ET Q q 0 0 0 rg BT 177.50 479.25 Td (f revenue we recognized from this customer was in the normal course of business, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 467.25 Td (rates determined in accordance with published tarif) Tj ET Q q 0 0 0 rg BT 267.74 467.25 Td (fs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 443.25 Td (See Note 4 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 143.88 443.25 Td (Investments in Non-Contr) Tj ET Q q 0 0 0 rg BT 246.83 443.25 Td (olled Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.88 443.25 Td ( for a discussion of af) Tj ET Q q 0 0 0 rg BT 386.06 443.25 Td (filiate joint venture transactions we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 431.25 Td (account for under the equity method. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 395.25 Td (14. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 395.25 Td (Subsequent Events) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 371.25 Td (Recognizable events) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 347.25 Td (No recognizable events occurred subsequent to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.04 347.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.30 347.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 323.25 Td (Non-r) Tj ET Q q 0 0 0 rg BT 110.52 323.25 Td (ecognizable events) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 299.25 Td (Renewal of 364-Day Credit Facility) Tj ET Q q 0 0 0 rg BT 231.22 299.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.22 299.25 Td ( In October 2016, we renewed our 364-day credit facility \(see Note 7 - ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 287.25 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.44 287.25 Td ( for a description of this facility\). ) Tj ET Q q 0 0 0 rg BT 219.72 287.25 Td (The new maturity date is October 19, 2017. ) Tj ET Q q 0 0 0 rg BT 398.29 287.25 Td (All other terms remain the same. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 87.00 263.25 Td (Anhydrous ) Tj ET Q q 0 0 0 rg BT 134.71 263.25 Td (Ammonia Event. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.66 263.25 Td (On October 17, 2016, we experienced a release of anhydrous ammonia on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 251.25 Td (ammonia pipeline system near ) Tj ET Q q 0 0 0 rg BT 187.23 251.25 Td (T) Tj ET Q q 0 0 0 rg BT 192.64 251.25 Td (ekamah, Nebraska. ) Tj ET Q q 0 0 0 rg BT 273.81 251.25 Td (The release resulted in a fatality and possible injuries. ) Tj ET Q q 0 0 0 rg BT 493.83 251.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 239.25 Td (National ) Tj ET Q q 0 0 0 rg BT 99.75 239.25 Td (T) Tj ET Q q 0 0 0 rg BT 105.51 239.25 Td (ransportation Safety Board is investigating the event. On October 21, 2016, the U.S. Department of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 227.25 Td (T) Tj ET Q q 0 0 0 rg BT 68.76 227.25 Td (ransportation, Pipeline and Hazardous Materials Safety ) Tj ET Q q 0 0 0 rg BT 291.75 227.25 Td (Administration \(PHMSA\) issued a Corrective ) Tj ET Q q 0 0 0 rg BT 485.89 227.25 Td (Action ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 215.25 Td (Order to Magellan ) Tj ET Q q 0 0 0 rg BT 138.81 215.25 Td (Ammonia Pipeline, L.P) Tj ET Q q 0 0 0 rg BT 232.14 215.25 Td (. related to the event, which, among other things, requires PHMSA) Tj ET Q q 0 0 0 rg BT 498.20 215.25 Td () Tj ET Q q 0 0 0 rg BT 500.98 215.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 203.25 Td (approval prior to re-start of the af) Tj ET Q q 0 0 0 rg BT 196.65 203.25 Td (fected pipeline segment. ) Tj ET Q q 0 0 0 rg BT 298.93 203.25 Td (W) Tj ET Q q 0 0 0 rg BT 307.57 203.25 Td (e are currently unable to estimate the full impact of this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 191.25 Td (event. However) Tj ET Q q 0 0 0 rg BT 128.41 191.25 Td (, we believe the impact on our financial position and results of operations is not likely to be material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 179.25 Td (as defined by the Securities and Exchange Commission.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 87.00 155.25 Td (Cash Distribution.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.14 155.25 Td ( In October 2016, our general partner) Tj ET Q q 0 0 0 rg BT 315.12 155.25 Td () Tj ET Q q 0 0 0 rg BT 317.90 155.25 Td (s board of directors declared a quarterly distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 143.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.83 143.25 Td ($0.8375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.33 143.25 Td ( per unit to be paid on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.59 143.25 Td (November 14, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.30 143.25 Td ( to unitholders of record at the close of business on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.64 143.25 Td (October31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 131.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 131.25 Td (. ) Tj ET Q q 0 0 0 rg BT 87.82 131.25 Td (The total cash distributions expected to be paid under this declaration are approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.98 131.25 Td ($190.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.87 131.25 Td (.) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 704.25 Td (ITEM 2. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.00 704.25 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 303.02 704.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 326.64 704.25 Td (ANAL) Tj ET Q q 0 0 0 rg BT 354.05 704.25 Td (YSIS OF) Tj ET Q q 0 0 0 rg BT 392.31 704.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 450.92 704.25 Td ( CONDITION ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.00 692.25 Td (AND RESUL) Tj ET Q q 0 0 0 rg BT 209.59 692.25 Td (TS OF) Tj ET Q q 0 0 0 rg BT 237.84 692.25 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 274.60 692.25 Td (TIONS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 668.25 Td (Intr) Tj ET Q q 0 0 0 rg BT 104.04 668.25 Td (oduction) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 644.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 644.25 Td (e are a publicly traded limited partnership principally engaged in the transportation, storage and distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.25 Td (of refined petroleum products and crude oil. ) Tj ET Q q 0 0 0 rg BT 241.28 632.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.72 632.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.98 632.25 Td (, our asset portfolio, including the assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 620.25 Td (our joint ventures, consisted of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 602.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 602.25 Td (our refined products segment, comprised of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.72 602.25 Td (9,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.22 602.25 Td (-mile refined products pipeline system with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.85 602.25 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.85 602.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 590.25 Td (terminals as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.09 590.25 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.09 590.25 Td ( independent terminals not connected to our pipeline system and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.85 590.25 Td (1,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.35 590.25 Td (-mile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 578.25 Td (ammonia pipeline system; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 554.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 554.25 Td (our crude oil segment, comprised of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.16 554.25 Td (2,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.66 554.25 Td ( miles of crude oil pipelines and storage facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 542.25 Td (with an aggregate storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.86 542.25 Td (23 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.25 542.25 Td ( barrels, of which approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.98 542.25 Td (15 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.37 542.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 530.25 Td (barrels are used for leased storage; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 506.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 506.25 Td (our marine storage segment, consisting of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.68 506.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.23 506.25 Td ( marine terminals located along coastal waterways with an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 494.25 Td (aggregate storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.64 494.25 Td (26 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.03 494.25 Td ( barrels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 470.25 Td (The following discussion provides an analysis of the results for each of our operating segments, an overview ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 458.25 Td (of our liquidity and capital resources and other items related to our partnership. ) Tj ET Q q 0 0 0 rg BT 382.17 458.25 Td (The following discussion and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 446.25 Td (analysis should be read in conjunction with \(i\)our accompanying interim consolidated financial statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 434.25 Td (related notes and \(ii\)our consolidated financial statements, related notes and management) Tj ET Q q 0 0 0 rg BT 425.65 434.25 Td (s discussion and analysis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 422.25 Td (of financial condition and results of operations included in our ) Tj ET Q q 0 0 0 rg BT 314.61 422.25 Td (Annual Report on Form 10-K for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 410.25 Td (December31, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.58 410.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 374.25 Td (Recent Developments) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 350.25 Td (Little Rock Pipeline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.65 350.25 Td ( In July 2016, our Little Rock pipeline began commercial service. ) Tj ET Q q 0 0 0 rg BT 437.17 350.25 Td (This pipeline extends ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 338.25 Td (the reach of our existing pipeline system to the Little Rock, ) Tj ET Q q 0 0 0 rg BT 302.39 338.25 Td (Arkansas market with the capacity to ship as much as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 326.25 Td (75,000 barrels per day of refined products from mid-continent and Gulf Coast refineries.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 302.25 Td (Saddlehorn Pipeline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.17 302.25 Td ( In September 2016, Saddlehorn Pipeline Company) Tj ET Q q 0 0 0 rg BT 377.33 302.25 Td (, LLC \(Saddlehorn\) began ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 290.25 Td (commercial service delivering crude oil from the DJ Basin region of Colorado to existing storage facilities in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 278.25 Td (Cushing, Oklahoma. ) Tj ET Q q 0 0 0 rg BT 147.81 278.25 Td (This jointly-owned pipeline system has the capacity to deliver up to 190,000 barrels per day of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 266.25 Td (crude oil. ) Tj ET Q q 0 0 0 rg BT 103.08 266.25 Td (W) Tj ET Q q 0 0 0 rg BT 111.72 266.25 Td (e do not consolidate Saddlehorn in our financial statements; however) Tj ET Q q 0 0 0 rg BT 387.63 266.25 Td (, we will recognize our 40% share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 254.25 Td (of its profits in our consolidated statements of income as earnings of non-controlled entities.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 230.25 Td (Cash Distribution.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.64 230.25 Td ( In October 2016, the board of directors of our general partner declared a quarterly cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 218.25 Td (distribution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.44 218.25 Td ($0.8375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.94 218.25 Td ( per unit for the period of July 1, 2016 through September 30, 2016. ) Tj ET Q q 0 0 0 rg BT 428.88 218.25 Td (This quarterly cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 206.25 Td (distribution will be paid on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.83 206.25 Td (November 14, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.53 206.25 Td ( to unitholders of record on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.17 206.25 Td (October31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.88 206.25 Td (. ) Tj ET Q q 0 0 0 rg BT 439.70 206.25 Td (T) Tj ET Q q 0 0 0 rg BT 445.11 206.25 Td (otal distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 194.25 Td (expected to be paid under this declaration are approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.07 194.25 Td ($190.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.96 194.25 Td (.) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 704.25 Td (Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 680.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 680.25 Td (e believe that investors benefit from having access to the same financial measures utilized by management. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 668.25 Td (Operating mar) Tj ET Q q 0 0 0 rg BT 120.85 668.25 Td (gin, which is presented in the following tables, is an important measure used by management to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 656.25 Td (evaluate the economic performance of our core operations. Operating mar) Tj ET Q q 0 0 0 rg BT 358.80 656.25 Td (gin is not a generally accepted accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 644.25 Td (principles \(GAAP\) measure, but the components of operating mar) Tj ET Q q 0 0 0 rg BT 335.79 644.25 Td (gin are computed using amounts that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.25 Td (determined in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 214.62 632.25 Td (. ) Tj ET Q q 0 0 0 rg BT 221.56 632.25 Td (A) Tj ET Q q 0 0 0 rg BT 228.23 632.25 Td ( reconciliation of operating mar) Tj ET Q q 0 0 0 rg BT 354.67 632.25 Td (gin to operating profit, which is its nearest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 620.25 Td (comparable GAAP) Tj ET Q q 0 0 0 rg BT 139.00 620.25 Td ( financial measure, is included in the following tables. Operating profit includes expense items, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 608.25 Td (such as depreciation and amortization expense and general and administrative \(G&A\) expense, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 596.25 Td (management does not focus on when evaluating the core profitability of our separate operating segments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 584.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 112.90 584.25 Td (, product mar) Tj ET Q q 0 0 0 rg BT 166.32 584.25 Td (gin, which management primarily uses to evaluate the profitability of our commodity-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 572.25 Td (related activities, is provided in these tables. Product mar) Tj ET Q q 0 0 0 rg BT 291.64 572.25 Td (gin is a non-GAAP) Tj ET Q q 0 0 0 rg BT 368.21 572.25 Td ( measure; however) Tj ET Q q 0 0 0 rg BT 443.34 572.25 Td (, its components of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 560.25 Td (product sales revenue and cost of product sales are determined in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 419.82 560.25 Td (. Our butane blending, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 548.25 Td (fractionation and other commodity-related activities generate significant revenue. ) Tj ET Q q 0 0 0 rg BT 393.80 548.25 Td (W) Tj ET Q q 0 0 0 rg BT 402.43 548.25 Td (e believe the product mar) Tj ET Q q 0 0 0 rg BT 503.87 548.25 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 536.25 Td (from these activities, which takes into account the related cost of product sales, better represents its importance to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 524.25 Td (our results of operations.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 514.65 Td ( ) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (30) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 693.50 Td (Three Months Ended September 30, 2015 compared to Three Months Ended September 30, 2016) Tj ET Q 1 1 1 rg /GS0 gs 63.50 196.00 245.00 -21.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 162.00 245.00 -13.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 138.00 245.00 -11.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 662 m 354.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 662 m 358.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 662 m 404.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 662 m 458.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 662 m 462.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 662 m 512.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 662 m 354.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 651 m 354.5 651 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 662 m 404.5 662 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 651 m 404.5 651 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 651 m 458.5 651 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 651 m 512.5 651 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 584 m 354.5 584 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 584 m 404.5 584 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 584 m 458.5 584 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 507 m 354.5 507 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 507 m 404.5 507 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 507 m 458.5 507 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 463 m 354.5 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 463 m 404.5 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 463 m 458.5 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 463 m 458.5 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 439 m 354.5 439 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 439 m 404.5 439 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 439 m 458.5 439 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 406 m 354.5 406 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 406 m 404.5 406 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 406 m 458.5 406 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 406 m 458.5 406 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 373 m 354.5 373 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 373 m 404.5 373 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 373 m 458.5 373 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 351 m 354.5 351 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 351 m 404.5 351 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 351 m 458.5 351 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 341 m 354.5 341 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 339 m 354.5 339 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 341 m 404.5 341 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 339 m 404.5 339 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 351 m 458.5 351 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 341 m 458.5 341 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 339 m 458.5 339 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 251 m 354.5 251 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 241 m 354.5 241 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 239 m 354.5 239 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 251 m 404.5 251 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 241 m 404.5 241 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 239 m 404.5 239 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 666.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.60 674.23 Td (Three Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.60 666.23 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.80 674.23 Td (V) Tj ET Q q 0 0 0 rg BT 449.84 674.23 Td (ariance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.65 666.23 Td (Favorable \(Unfavorable\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 653.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.00 654.08 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.00 654.08 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.85 654.08 Td ($Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.85 654.08 Td (%Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 66.00 643.08 Td (FinancialHighlights\($inmillions,exceptoperatingstatistics\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 631.95 Td (Transportation and terminals revenue:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 620.95 Td (Refined products) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 139.00 620.95 Td (...................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 620.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 620.95 Td (264.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 620.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 620.95 Td (267.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.00 620.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 620.95 Td (3.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 620.95 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 609.95 Td (Crude oil) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 609.95 Td (...............................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 609.95 Td (101.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 609.95 Td (100.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 609.95 Td (\(1.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 609.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 609.95 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 598.95 Td (Marine storage) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 133.00 598.95 Td (......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 598.95 Td (45.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 598.95 Td (46.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 598.95 Td (1.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 598.95 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 587.95 Td (Intersegment eliminations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 169.00 587.95 Td (....................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.30 587.95 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.60 587.95 Td (\(0.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 587.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 587.95 Td (\(0.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 587.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.10 587.95 Td (n/a) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 575.95 Td (Total transportation and terminals revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 239.00 575.95 Td (.................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 575.95 Td (410.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 575.95 Td (413.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 575.95 Td (3.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 575.95 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 564.95 Td (Affiliate management fee revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 564.95 Td (.................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 564.95 Td (3.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.30 564.95 Td (5.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 564.95 Td (1.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 564.95 Td (39) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 553.95 Td (Operating expenses:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 542.95 Td (Refined products) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 139.00 542.95 Td (...................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 542.95 Td (109.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 542.95 Td (95.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 542.95 Td (13.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 542.95 Td (12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 531.95 Td (Crude oil) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 531.95 Td (...............................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 531.95 Td (24.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 531.95 Td (24.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 531.95 Td (\(0.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 531.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 531.95 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 520.95 Td (Marine storage) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 133.00 520.95 Td (......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 520.95 Td (14.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 520.95 Td (16.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 520.95 Td (\(1.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 520.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 520.95 Td (\(12\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 509.95 Td (Intersegment eliminations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 169.00 509.95 Td (....................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 338.60 509.95 Td (\(0.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.30 509.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.60 509.95 Td (\(1.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 509.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 509.95 Td (0.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.00 509.95 Td (100) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 498.95 Td (Total operating expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 498.95 Td (.............................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 498.95 Td (147.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 498.95 Td (135.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 498.95 Td (12.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 498.95 Td (8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 487.95 Td (Product margin:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 476.95 Td (Product sales revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 155.00 476.95 Td (...........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 476.95 Td (172.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 476.95 Td (133.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 476.95 Td (\(39.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 476.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 476.95 Td (\(23\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 465.95 Td (Cost of product sales) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.00 465.95 Td (............................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 465.95 Td (85.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 465.95 Td (118.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 465.95 Td (\(32.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 465.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 465.95 Td (\(38\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 454.95 Td (Product mar) Tj ET Q q 0 0 0 rg BT 141.18 454.95 Td (gin) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 151.40 458.58 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 159.00 454.95 Td (.........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 454.25 Td (87.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 454.25 Td (15.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 454.25 Td (\(72.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 454.25 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 454.25 Td (\(83\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 441.95 Td (Earnings of non-controlled entities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 179.00 441.95 Td (...............................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 441.95 Td (15.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 441.95 Td (18.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 441.95 Td (3.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 441.95 Td (19) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 430.95 Td (Operating margin) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 159.00 430.95 Td (.........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 430.95 Td (369.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 430.95 Td (316.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 430.95 Td (\(52.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 430.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 430.95 Td (\(14\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 419.95 Td (Depreciation and amortization expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 193.00 419.95 Td (........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 419.95 Td (42.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 419.95 Td (47.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 419.95 Td (\(4.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 419.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 419.95 Td (\(12\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 408.95 Td (G&A expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 113.00 408.95 Td (................................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 408.95 Td (37.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 408.95 Td (35.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 408.95 Td (1.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 408.95 Td (5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 397.95 Td (Operating profit) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 155.00 397.95 Td (...........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 397.95 Td (289.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 397.95 Td (234.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 397.95 Td (\(55.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 397.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 397.95 Td (\(19\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 386.95 Td (Interestexpense\(netofinterestincomeandinterest capitalized\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 271.00 386.95 Td (.................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 386.95 Td (36.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 386.95 Td (42.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 386.95 Td (\(5.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 386.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 386.95 Td (\(16\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 375.95 Td (Other expense \(income\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 143.00 375.95 Td (.................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 375.95 Td (1.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.60 375.95 Td (\(3.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 375.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 375.95 Td (5.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.10 375.95 Td (n/a) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 364.95 Td (Income before provision for income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 201.00 364.95 Td (....................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 364.95 Td (251.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 364.95 Td (195.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 364.95 Td (\(56.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 364.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 364.95 Td (\(22\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 353.95 Td (Provision for income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.00 353.95 Td (............................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 353.95 Td (0.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.30 353.95 Td (0.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 353.95 Td (0.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 353.95 Td (13) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 342.95 Td (Net income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 105.00 342.95 Td (....................................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 342.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 342.95 Td (251.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 342.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 342.95 Td (194.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.00 342.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 342.95 Td (\(56.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 342.95 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 342.95 Td (\(22\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 66.00 332.08 Td (Operating Statistics:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 319.95 Td (Refined products:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 308.95 Td (Transportation revenue per barrel shipped) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 219.00 308.95 Td (...........................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 308.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 308.95 Td (1.476) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 308.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 308.95 Td (1.503) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 297.95 Td (Volume shipped \(million barrels\):) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 286.95 Td (Gasoline) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 131.00 286.95 Td (.......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 286.95 Td (73.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 286.95 Td (72.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 275.95 Td (Distillates) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.00 275.95 Td (.....................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 275.95 Td (38.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 275.95 Td (37.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 264.95 Td (Aviation fuel) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 145.00 264.95 Td (................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 264.95 Td (5.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.30 264.95 Td (7.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 253.95 Td (Liquefied petroleum gases) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 187.00 253.95 Td (...........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 253.95 Td (3.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.30 253.95 Td (4.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 132.00 242.95 Td (Total volume shipped) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 203.00 242.95 Td (...................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 242.95 Td (121.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 242.95 Td (121.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 231.95 Td (Crude oil:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 220.95 Td (Magellan 100%-owned assets:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 209.95 Td (Transportation revenue per barrel shipped) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 237.00 209.95 Td (..................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 209.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 209.95 Td (1.148) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 209.95 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 209.95 Td (1.189) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 198.95 Td (Volume shipped \(million barrels\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 209.00 198.95 Td (................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 198.95 Td (53.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 198.95 Td (50.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 187.95 Td (Crude oil terminal average utilization \(million barrels per) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 179.95 Td (month\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 127.00 179.95 Td (.........................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 179.25 Td (13.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 179.25 Td (14.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 166.25 Td (Select joint venture pipelines:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 153.25 Td (BridgeT) Tj ET Q q 0 0 0 rg BT 128.10 153.25 Td (ex - volume shipped \(million barrels\)) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 247.41 156.88 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 255.00 152.95 Td (.........................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 153.25 Td (18.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 153.25 Td (20.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 140.95 Td (Marine storage:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 129.95 Td (Marine terminal average utilization \(million barrels per month\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 287.00 129.95 Td (.........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 129.95 Td (24.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 129.95 Td (24.3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 63.00 109.50 Td (\(1\) Product mar) Tj ET Q q 0 0 0 rg BT 108.94 109.50 Td (gin does not include depreciation or amortization expense.) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 63.00 101.10 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 74.54 101.10 Td (These volumes reflect the total shipments for the BridgeT) Tj ET Q q 0 0 0 rg BT 235.78 101.10 Td (ex pipeline, which is owned 50% by us.) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 693.50 Td (T) Tj ET Q q 0 0 0 rg BT 95.76 693.50 Td (ransportation and terminals revenue increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.07 693.50 Td ($3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.57 693.50 Td ( million resulting from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 675.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 675.50 Td (an increase in refined products revenue of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.20 675.50 Td ($3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.70 675.50 Td ( million primarily attributable to higher average tarif) Tj ET Q q 0 0 0 rg BT 514.72 675.50 Td (f ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 663.50 Td (rates. ) Tj ET Q q 0 0 0 rg BT 143.20 663.50 Td (The average rate per barrel in the current period was favorably impacted by the mid-year 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 651.50 Td (tarif) Tj ET Q q 0 0 0 rg BT 133.47 651.50 Td (f adjustment, which was an approximate 2% average increase over all of our markets. Shipments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 639.50 Td (decreased slightly in the current period primarily due to refinery turnarounds that favorably impacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 627.50 Td (demand on our system during third quarter 2015, partially of) Tj ET Q q 0 0 0 rg BT 359.54 627.50 Td (fset by volumes from recent growth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 615.50 Td (projects, including our Little Rock pipeline which commenced commercial operations in July 2016. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 603.50 Td (Additionally) Tj ET Q q 0 0 0 rg BT 166.90 603.50 Td (, revenue from leased storage along our pipeline system increased due to new customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 591.50 Td (contracts;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 573.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 573.50 Td (a decrease in crude oil revenue of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.87 573.50 Td ($1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.37 573.50 Td ( million primarily due to lower volumes on the Longhorn ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 561.50 Td (pipeline as shippers utilized historical credits \(earned by shipping in excess of their minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 549.50 Td (commitments in the past\) that were set to expire in the third quarter of 2016. ) Tj ET Q q 0 0 0 rg BT 427.01 549.50 Td (This decline was partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 537.50 Td (of) Tj ET Q q 0 0 0 rg BT 125.15 537.50 Td (fset by higher revenue from leased storage primarily due to strong demand at our East Houston ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 525.50 Td (terminal; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 507.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 507.50 Td (an increase in marine storage revenue of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.09 507.50 Td ($1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.59 507.50 Td ( million primarily due to higher average rates from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 495.50 Td (contract renewals and escalations in the current period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 474.50 Td (Af) Tj ET Q q 0 0 0 rg BT 100.37 474.50 Td (filiate management fee revenue increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.89 474.50 Td ($1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.39 474.50 Td ( million, primarily resulting from a one-time start-up fee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 462.50 Td (received from Saddlehorn, which began operations in September 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 441.50 Td (Operating expenses decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 441.50 Td ($12.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 441.50 Td ( million primarily resulting from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 423.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 423.50 Td (a decrease in refined products expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.31 423.50 Td ($13.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.81 423.50 Td ( million primarily due to lower asset integrity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 411.50 Td (spending related to the timing of tank maintenance work, lower environmental accruals related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 399.50 Td (historical remediation sites, more favorable product overages in the current period \(which reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 387.50 Td (operating expenses\) and lower asset retirements, partially of) Tj ET Q q 0 0 0 rg BT 357.29 387.50 Td (fset by rental costs related to a pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 375.50 Td (segment we began leasing in third quarter 2016 in connection with our Little Rock pipeline;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 357.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 357.50 Td (an increase in crude oil expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.66 357.50 Td ($0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.16 357.50 Td ( million primarily due to higher personnel costs resulting from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 345.50 Td (additional headcount, partially of) Tj ET Q q 0 0 0 rg BT 249.55 345.50 Td (fset by lower power costs; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 327.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 327.50 Td (an increase in marine storage expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.54 327.50 Td ($1.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.04 327.50 Td ( million primarily due to higher asset integrity spending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 315.50 Td (related to the timing of tank inspections and maintenance work.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 294.50 Td (Product sales revenue resulted primarily from our butane blending activities, transmix fractionation and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 282.50 Td (sale of product gains from our operations. ) Tj ET Q q 0 0 0 rg BT 232.78 282.50 Td (W) Tj ET Q q 0 0 0 rg BT 241.41 282.50 Td (e utilize New ) Tj ET Q q 0 0 0 rg BT 296.85 282.50 Td (Y) Tj ET Q q 0 0 0 rg BT 303.07 282.50 Td (ork Mercantile Exchange \(NYMEX\) contracts to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 270.50 Td (hedge against changes in the price of petroleum products we expect to sell in the future, and we use butane futures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 258.50 Td (agreements to hedge against changes in the price of butane we expect to purchase in future periods. See Note 8 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 246.50 Td (Derivative Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.31 246.50 Td ( in Item 1 of Part I for a discussion of our hedging strategies and how our use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 234.50 Td (NYMEX contracts and butane futures agreements impacts our product mar) Tj ET Q q 0 0 0 rg BT 363.00 234.50 Td (gin. Product mar) Tj ET Q q 0 0 0 rg BT 432.25 234.50 Td (gin decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.45 234.50 Td ($72.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.95 234.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 222.50 Td (million due to losses on NYMEX contracts recognized in third quarter 2016 compared to gains in third quarter 2015. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 210.50 Td (See ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 79.94 210.50 Td (Other ItemsCommodity Derivative ) Tj ET Q q 0 0 0 rg BT 229.45 210.50 Td (Agr) Tj ET Q q 0 0 0 rg BT 244.08 210.50 Td (eementsImpact of Commodity Derivatives on Results of Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 198.50 Td (below for more information about our NYMEX contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 177.50 Td (Earnings of non-controlled entities increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.88 177.50 Td ($3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.38 177.50 Td ( million primarily attributable to increased earnings from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 165.50 Td (BridgeT) Tj ET Q q 0 0 0 rg BT 95.63 165.50 Td (ex Pipeline Company) Tj ET Q q 0 0 0 rg BT 181.08 165.50 Td (, LLC \(BridgeT) Tj ET Q q 0 0 0 rg BT 247.86 165.50 Td (ex\) due to higher shipments in third quarter 2016, as well as earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 153.50 Td (from Saddlehorn, which began operating during third quarter 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 132.50 Td (Depreciation and amortization increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.37 132.50 Td ($4.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.87 132.50 Td ( million primarily due to expansion capital projects recently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 120.50 Td (placed into service and $2.5 million of asset impairment char) Tj ET Q q 0 0 0 rg BT 307.19 120.50 Td (ges in third quarter 2016, mainly related to an inactive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 108.50 Td (pipeline terminal.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 87.50 Td (G&A) Tj ET Q q 0 0 0 rg BT 108.67 87.50 Td ( expense decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.79 87.50 Td ($1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.29 87.50 Td ( million primarily due to reduced personnel costs from a lower bonus payout ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 75.50 Td (accrual and more overhead costs capitalized, partially of) Tj ET Q q 0 0 0 rg BT 288.27 75.50 Td (fset by higher deferred board of director fees. ) Tj ET Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 704.10 Td (Interest expense, net of interest income and interest capitalized, increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.54 704.10 Td ($5.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.04 704.10 Td ( million in third quarter 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 692.10 Td (primarily because our debt balance was higher in the current period compared to the same period in third quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 680.10 Td (2015, partially of) Tj ET Q q 0 0 0 rg BT 131.97 680.10 Td (fset by higher capitalized interest. Our average outstanding debt increased from $3.4 billion in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 668.10 Td (third quarter 2015 to $4.0 billion in third quarter 2016 primarily due to borrowings for expansion capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 656.10 Td (expenditures, including $650.0 million of senior notes issued in February 2016 and $500.0 million of senior notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 644.10 Td (issued in September 2016. Our weighted-average interest rate of 4.9% in third quarter 2016 was higher than the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.10 Td (4.7% rate incurred in third quarter 2015. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 611.10 Td (Other expense \(income\) was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.62 611.10 Td ($5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.12 611.10 Td ( million favorable due in part to a more favorable non-cash adjustment for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 599.10 Td (the change in the current period in the dif) Tj ET Q q 0 0 0 rg BT 228.31 599.10 Td (ferential between the current spot price and forward price on fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 587.10 Td (hedges associated with our crude oil tank bottoms. ) Tj ET Q q 0 0 0 rg BT 269.63 587.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 319.53 587.10 Td (, other income for the current period includes a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 575.10 Td (break-up fee related to a potential acquisition.) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (33) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 63.00 704.25 Td (Nine Months Ended September 30, 2015 compared to Nine Months Ended September 30, 2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 693.45 Td () Tj ET Q 1 1 1 rg /GS0 gs 63.50 182.95 245.00 -21.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 148.95 245.00 -13.00 re f /GS0 gs 1 1 1 rg /GS0 gs 63.50 124.95 245.00 -11.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 661.95 m 354.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 661.95 m 358.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 661.95 m 404.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 661.95 m 458.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 661.95 m 462.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 661.95 m 512.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 661.95 m 354.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 650.95 m 354.5 650.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 661.95 m 404.5 661.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 650.95 m 404.5 650.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 650.95 m 458.5 650.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 650.95 m 512.5 650.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 583.95 m 354.5 583.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 583.95 m 404.5 583.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 583.95 m 458.5 583.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 583.95 m 404.5 583.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 506.95000000000005 m 354.5 506.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 506.95000000000005 m 404.5 506.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 506.95000000000005 m 458.5 506.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 506.95000000000005 m 404.5 506.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 462.95000000000005 m 354.5 462.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 462.95000000000005 m 404.5 462.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 462.95000000000005 m 458.5 462.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 462.95000000000005 m 404.5 462.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 462.95000000000005 m 458.5 462.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 438.95000000000005 m 354.5 438.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 438.95000000000005 m 404.5 438.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 438.95000000000005 m 458.5 438.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 438.95000000000005 m 404.5 438.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 405.95000000000005 m 354.5 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 405.95000000000005 m 404.5 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 405.95000000000005 m 458.5 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 405.95000000000005 m 404.5 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 405.95000000000005 m 458.5 405.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 361.95000000000005 m 354.5 361.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 361.95000000000005 m 404.5 361.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 361.95000000000005 m 404.5 361.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 361.95000000000005 m 458.5 361.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 339.95000000000005 m 354.5 339.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 339.95000000000005 m 404.5 339.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 339.95000000000005 m 458.5 339.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 329.95000000000005 m 354.5 329.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 327.95000000000005 m 354.5 327.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 339.95000000000005 m 404.5 339.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 329.95000000000005 m 404.5 329.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 327.95000000000005 m 404.5 327.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 339.95000000000005 m 458.5 339.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 329.95000000000005 m 458.5 329.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 327.95000000000005 m 458.5 327.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 237.95000000000005 m 354.5 237.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 227.95000000000005 m 354.5 227.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 225.95000000000005 m 354.5 225.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 237.95000000000005 m 404.5 237.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 227.95000000000005 m 404.5 227.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 225.95000000000005 m 404.5 225.95000000000005 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 666.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.75 674.18 Td (Nine Months Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.60 666.18 Td (September 30,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.80 674.18 Td (V) Tj ET Q q 0 0 0 rg BT 449.84 674.18 Td (ariance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.65 666.18 Td (Favorable \(Unfavorable\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 653.90 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.00 654.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.00 654.03 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.85 654.03 Td ($Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.85 654.03 Td (%Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 66.00 643.03 Td (FinancialHighlights\($inmillions,exceptoperatingstatistics\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 631.90 Td (Transportation and terminals revenue:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 620.90 Td (Refined products) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 139.00 620.90 Td (...................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 620.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 620.90 Td (723.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 620.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 620.90 Td (739.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.00 620.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 620.90 Td (16.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 620.90 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 609.90 Td (Crude oil) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 609.90 Td (...............................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 609.90 Td (294.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 609.90 Td (303.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 609.90 Td (9.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 609.90 Td (3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 598.90 Td (Marine storage) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 133.00 598.90 Td (......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 598.90 Td (131.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 598.90 Td (132.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 598.90 Td (0.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 598.90 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 587.90 Td (Intersegment eliminations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 169.00 587.90 Td (....................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.30 587.90 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.60 587.90 Td (\(0.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 587.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 587.90 Td (\(0.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 587.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.10 587.90 Td (n/a) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 575.90 Td (Total transportation and terminals revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 239.00 575.90 Td (.................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 327.25 575.90 Td (1,149.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.25 575.90 Td (1,175.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 575.90 Td (26.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 575.90 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 564.90 Td (Affiliate management fee revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.00 564.90 Td (.................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 564.90 Td (10.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 564.90 Td (11.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 564.90 Td (0.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 564.90 Td (6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 553.90 Td (Operating expenses:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 542.90 Td (Refined products) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 139.00 542.90 Td (...................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 542.90 Td (288.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 542.90 Td (280.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 542.90 Td (8.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 542.90 Td (3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 531.90 Td (Crude oil) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 115.00 531.90 Td (...............................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 531.90 Td (65.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 531.90 Td (66.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 531.90 Td (\(1.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 531.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 531.90 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 520.90 Td (Marine storage) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 133.00 520.90 Td (......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 520.90 Td (45.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 520.90 Td (49.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 520.90 Td (\(4.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 520.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 520.90 Td (\(9\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 509.90 Td (Intersegment eliminations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 169.00 509.90 Td (....................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 338.60 509.90 Td (\(2.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.30 509.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.60 509.90 Td (\(3.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 509.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 509.90 Td (1.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 509.90 Td (39) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 498.90 Td (Total operating expenses) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.00 498.90 Td (.............................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 498.90 Td (396.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 498.90 Td (392.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 498.90 Td (3.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 498.90 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 487.90 Td (Product margin:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 476.90 Td (Product sales revenue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 155.00 476.90 Td (...........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 476.90 Td (455.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 476.90 Td (403.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 476.90 Td (\(52.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 476.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 476.90 Td (\(11\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 465.90 Td (Cost of product sales) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.00 465.90 Td (............................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 465.90 Td (316.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 465.90 Td (327.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 465.90 Td (\(11.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 465.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 465.90 Td (\(4\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 454.90 Td (Product mar) Tj ET Q q 0 0 0 rg BT 141.18 454.90 Td (gin) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 151.40 458.53 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 159.00 454.90 Td (.........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 454.20 Td (139.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 454.20 Td (76.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 454.20 Td (\(63.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 454.20 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 454.20 Td (\(45\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 441.90 Td (Earnings of non-controlled entities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 179.00 441.90 Td (...............................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 441.90 Td (49.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 441.90 Td (51.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 441.90 Td (1.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 485.00 441.90 Td (4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 430.90 Td (Operating margin) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 159.00 430.90 Td (.........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 430.90 Td (952.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 430.90 Td (921.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 430.90 Td (\(30.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 430.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 430.90 Td (\(3\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 419.90 Td (Depreciation and amortization expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 193.00 419.90 Td (........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 419.90 Td (124.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 419.90 Td (134.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 419.90 Td (\(9.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 419.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 419.90 Td (\(8\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 408.90 Td (G&A expense) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 113.00 408.90 Td (................................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 408.90 Td (111.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 408.90 Td (111.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 408.90 Td (\(0.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 408.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 408.90 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 397.90 Td (Operating profit) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 155.00 397.90 Td (...........................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 397.90 Td (717.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 397.90 Td (676.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 397.90 Td (\(40.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 397.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 397.90 Td (\(6\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 386.90 Td (Interestexpense\(netofinterestincomeandinterest capitalized\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 271.00 386.90 Td (.................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 386.90 Td (108.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 386.90 Td (120.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 386.90 Td (\(12.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 386.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 386.90 Td (\(11\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 375.90 Td (Gain on exchange of interest in non-controlled entity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 343.30 375.90 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 384.60 375.90 Td (\(28.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 375.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.30 375.90 Td (28.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.10 375.90 Td (n/a) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 364.90 Td (Other income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 111.00 364.90 Td (.................................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 338.60 364.90 Td (\(4.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 351.30 364.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.60 364.90 Td (\(7.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 401.30 364.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 445.30 364.90 Td (3.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 483.00 364.90 Td (65) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 353.90 Td (Income before provision for income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 201.00 353.90 Td (....................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 353.90 Td (613.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 353.90 Td (591.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 353.90 Td (\(22.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 353.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 353.90 Td (\(4\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 342.90 Td (Provision for income taxes) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.00 342.90 Td (............................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 342.90 Td (1.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.30 342.90 Td (2.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 442.60 342.90 Td (\(0.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 342.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.30 342.90 Td (\(28\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 331.90 Td (Net income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 105.00 331.90 Td (....................................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 331.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 331.90 Td (612.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 331.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 331.90 Td (589.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.00 331.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.60 331.90 Td (\(22.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 455.30 331.90 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 482.30 331.90 Td (\(4\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 66.00 319.18 Td (Operating Statistics:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 306.90 Td (Refined products:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 295.90 Td (Transportation revenue per barrel shipped) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 219.00 295.90 Td (...........................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 295.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 295.90 Td (1.417) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 295.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 295.90 Td (1.451) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 284.90 Td (Volume shipped \(million barrels\):) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 273.90 Td (Gasoline) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 131.00 273.90 Td (.......................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 273.90 Td (203.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 273.90 Td (204.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 262.90 Td (Distillates) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.00 262.90 Td (.....................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 262.90 Td (112.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 262.90 Td (110.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 251.90 Td (Aviation fuel) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 145.00 251.90 Td (................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 251.90 Td (16.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 251.90 Td (19.6) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 240.90 Td (Liquefied petroleum gases) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 187.00 240.90 Td (...........................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 341.30 240.90 Td (9.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 391.30 240.90 Td (9.9) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 132.00 229.90 Td (Total volume shipped) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 203.00 229.90 Td (...................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 229.90 Td (340.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 229.90 Td (344.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 218.90 Td (Crude oil:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 207.90 Td (Magellan 100%-owned assets:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 196.90 Td (Transportation revenue per barrel shipped) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 237.00 196.90 Td (..................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 311.00 196.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 196.90 Td (1.104) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.00 196.90 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 196.90 Td (1.325) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 185.90 Td (Volume shipped \(million barrels\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 209.00 185.90 Td (................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.25 185.90 Td (157.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 383.25 185.90 Td (139.5) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 174.90 Td (Crude oil terminal average utilization \(million barrels per) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 166.90 Td (month\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 127.00 166.90 Td (.........................................................................................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 166.20 Td (13.0) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 166.20 Td (14.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 153.20 Td (Select joint venture pipelines:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 102.00 140.20 Td (BridgeT) Tj ET Q q 0 0 0 rg BT 128.10 140.20 Td (ex - volume shipped \(million barrels\)) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 247.41 143.83 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 255.00 139.90 Td (.........................) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 140.20 Td (57.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 140.20 Td (58.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.00 127.90 Td (Marine storage:) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 84.00 116.90 Td (Marine terminal average utilization \(million barrels per month\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 287.00 116.90 Td (.........) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.25 116.90 Td (24.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.25 116.90 Td (23.6) Tj ET Q BT /F1 10.00 Tf ET BT /F1 7.00 Tf ET q 0 0 0 rg BT 63.00 96.45 Td (\(1\) Product mar) Tj ET Q q 0 0 0 rg BT 108.94 96.45 Td (gin does not include depreciation or amortization expense.) Tj ET Q BT /F1 7.00 Tf ET q 0 0 0 rg BT 63.00 88.05 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 74.54 88.05 Td (These volumes reflect the total shipments for the BridgeT) Tj ET Q q 0 0 0 rg BT 235.78 88.05 Td (ex pipeline, which is owned 50% by us.) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 693.50 Td (T) Tj ET Q q 0 0 0 rg BT 95.76 693.50 Td (ransportation and terminals revenue increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.07 693.50 Td ($26.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.57 693.50 Td ( million resulting from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 675.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 675.50 Td (an increase in refined products revenue of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.20 675.50 Td ($16.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.70 675.50 Td ( million primarily attributable to higher average tarif) Tj ET Q q 0 0 0 rg BT 519.72 675.50 Td (f ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 663.50 Td (rates and increased shipments. ) Tj ET Q q 0 0 0 rg BT 243.45 663.50 Td (The average rate per barrel in the current period was favorably ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 651.50 Td (impacted by the mid-year 2015 tarif) Tj ET Q q 0 0 0 rg BT 260.94 651.50 Td (f rate increase of 4.6% and the mid-year 2016 increase which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 639.50 Td (averaged approximately 2% across all of our markets. Shipments increased 1% in the current period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 627.50 Td (primarily associated with higher gasoline shipments, additional volumes from recent growth projects, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 615.50 Td (including our Little Rock pipeline which commenced commercial operations in July 2016, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 603.50 Td (increased demand for aviation fuel. ) Tj ET Q q 0 0 0 rg BT 262.78 603.50 Td (Additionally) Tj ET Q q 0 0 0 rg BT 312.68 603.50 Td (, revenue from leased storage along our pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 591.50 Td (system increased due to new customer contracts;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 573.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 573.50 Td (an increase in crude oil revenue of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.21 573.50 Td ($9.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.71 573.50 Td ( million primarily due to higher average rates and more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 561.50 Td (shipments on our Longhorn pipeline system, as well as new leased storage contracts. Overall crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 549.50 Td (shipments declined and average rate per barrel increased due to fewer barrels moving on our lower) Tj ET Q q 0 0 0 rg BT 511.91 549.50 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 537.50 Td (priced Houston distribution system tarif) Tj ET Q q 0 0 0 rg BT 276.24 537.50 Td (f structure to their ultimate destination. Instead, customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 525.50 Td (utilized space available on our capacity lease for shipments from BridgeT) Tj ET Q q 0 0 0 rg BT 411.19 525.50 Td (ex pipeline; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 507.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 507.50 Td (an increase in marine storage revenue of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.09 507.50 Td ($0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.59 507.50 Td ( million primarily due to higher average contract renewal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 495.50 Td (rates, other escalations in the current period, and new contracts, partially of) Tj ET Q q 0 0 0 rg BT 417.82 495.50 Td (fset by lower miscellaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 483.50 Td (revenue due to lower customer activity) Tj ET Q q 0 0 0 rg BT 272.13 483.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 462.50 Td (Af) Tj ET Q q 0 0 0 rg BT 100.37 462.50 Td (filiate management fee revenue increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.89 462.50 Td ($0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.39 462.50 Td ( million primarily resulting from a one-time start-up fee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 450.50 Td (received from Saddlehorn, which began operations in September 2016, partially of) Tj ET Q q 0 0 0 rg BT 393.83 450.50 Td (fset by lower construction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 438.50 Td (management fees received from BridgeT) Tj ET Q q 0 0 0 rg BT 226.12 438.50 Td (ex and lower fees from Osage Pipe Line Company) Tj ET Q q 0 0 0 rg BT 427.63 438.50 Td (, LLC \(Osage\) due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 426.50 Td (the transfer of our 50% membership interest in 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 405.50 Td (Operating expenses decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 405.50 Td ($3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.00 405.50 Td ( million primarily resulting from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 387.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 387.50 Td (a decrease in refined products expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.31 387.50 Td ($8.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.81 387.50 Td ( million primarily due to lower asset integrity spending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 375.50 Td (related to the timing of tank maintenance work, lower environmental costs and more favorable product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 363.50 Td (gains \(which reduce operating expenses\), partially of) Tj ET Q q 0 0 0 rg BT 328.68 363.50 Td (fset by more product handling costs related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 351.50 Td (receipt of of) Tj ET Q q 0 0 0 rg BT 165.68 351.50 Td (f-spec product during 2016 and higher asset retirements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 333.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 333.50 Td (an increase in crude oil expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.66 333.50 Td ($1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.16 333.50 Td ( million primarily due to increased personnel costs, additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 321.50 Td (environmental accruals due to a product release in the current year and higher property taxes, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 309.50 Td (of) Tj ET Q q 0 0 0 rg BT 125.15 309.50 Td (fset by lower power costs and more favorable product overages \(which reduce operating expenses\); ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 297.50 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 279.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 279.50 Td (an increase in marine storage expenses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.54 279.50 Td ($4.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.04 279.50 Td ( million primarily due to higher asset integrity spending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 267.50 Td (related to the timing of tank maintenance work.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 246.50 Td (Product mar) Tj ET Q q 0 0 0 rg BT 135.97 246.50 Td (gin decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.17 246.50 Td ($63.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.67 246.50 Td ( million compared to 2015 primarily due to losses on NYMEX contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 234.50 Td (recognized in 2016 compared to gains in 2015. See ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 272.67 234.50 Td (Other ItemsCommodity Derivative ) Tj ET Q q 0 0 0 rg BT 422.18 234.50 Td (Agr) Tj ET Q q 0 0 0 rg BT 436.81 234.50 Td (eementsImpact of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 63.00 222.50 Td (Commodity Derivatives on Results of Operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.87 222.50 Td (below for more information about our NYMEX contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 201.50 Td (Earnings of non-controlled entities increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.88 201.50 Td ($1.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.38 201.50 Td ( million primarily attributable to increased earnings from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 189.50 Td (Double Eagle Pipeline LLC \(Double Eagle\) due to increased shipments during 2016 and earnings from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 177.50 Td (Saddlehorn, which began operations in September 2016, partially of) Tj ET Q q 0 0 0 rg BT 335.53 177.50 Td (fset by lower earnings from Osage due to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 165.50 Td (transfer of our 50% membership interest in first quarter 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 144.50 Td (Depreciation and amortization increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.37 144.50 Td ($9.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.87 144.50 Td ( million primarily due to expansion capital projects placed into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 132.50 Td (service and $2.5 million of asset impairment char) Tj ET Q q 0 0 0 rg BT 260.54 132.50 Td (ges during 2016 mainly related to an inactive pipeline terminal.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 111.50 Td (G&A) Tj ET Q q 0 0 0 rg BT 108.67 111.50 Td ( expense was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.93 111.50 Td ($0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.43 111.50 Td ( million higher primarily due to higher deferred board of director fees, partially of) Tj ET Q q 0 0 0 rg BT 508.91 111.50 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 99.50 Td (by a separation fee paid to a former executive in 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 78.50 Td (Interest expense, net of interest income and interest capitalized, increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.54 78.50 Td ($12.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.04 78.50 Td ( million in 2016, primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 66.50 Td (because our debt balance was higher in the current period compared to the same period in 2015, partially of) Tj ET Q q 0 0 0 rg BT 492.94 66.50 Td (fset by ) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 704.10 Td (higher capitalized interest. Our average outstanding debt increased from $3.3 billion in 2015 to $3.8 billion in 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 692.10 Td (primarily due to borrowings for expansion capital expenditures, including $650.0 million of senior notes issued in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 680.10 Td (February 2016 and $500.0 million of senior notes issued in September 2016. Our weighted-average interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 668.10 Td (4.9% in 2016 was higher than the 4.7% rate incurred in 2015. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 647.10 Td (In 2016, we recognized a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.29 647.10 Td ($28.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.79 647.10 Td ( million gain related to the transfer of our 50% membership interest in Osage. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 635.10 Td (See Note 4 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 116.88 635.10 Td (Investments in Non-Contr) Tj ET Q q 0 0 0 rg BT 219.83 635.10 Td (olled Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.88 635.10 Td ( in Item 1 of Part I of this report for more details regarding this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 623.10 Td (transaction.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 602.10 Td (Other income increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.46 602.10 Td ($3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.96 602.10 Td ( million primarily due to a break-up fee received in 2016 related to a potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 590.10 Td (acquisition.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 554.10 Td (Distributable Cash Flow) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 530.10 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 530.10 Td (e calculate the non-GAAP) Tj ET Q q 0 0 0 rg BT 200.51 530.10 Td ( measures of distributable cash flow \(DCF\) and adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 473.49 530.10 Td ( in the table ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 518.10 Td (below) Tj ET Q q 0 0 0 rg BT 86.79 518.10 Td (. Management uses DCF as a basis for recommending to our general partner) Tj ET Q q 0 0 0 rg BT 394.29 518.10 Td () Tj ET Q q 0 0 0 rg BT 397.07 518.10 Td (s board of directors the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 506.10 Td (of cash distributions to be paid to our limited partners each period. Management also uses DCF as a basis for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 494.10 Td (determining the payouts for the performance-based awards issued under our equity-based compensation plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 482.10 Td (Adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 137.72 482.10 Td ( is an important measure that we and the investment community use to assess the financial results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 470.10 Td (of an entity) Tj ET Q q 0 0 0 rg BT 107.89 470.10 Td (. ) Tj ET Q q 0 0 0 rg BT 115.21 470.10 Td (W) Tj ET Q q 0 0 0 rg BT 123.85 470.10 Td (e believe that investors benefit from having access to the same financial measures utilized by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 458.10 Td (management for these evaluations. ) Tj ET Q q 0 0 0 rg BT 206.29 458.10 Td (A) Tj ET Q q 0 0 0 rg BT 212.96 458.10 Td ( reconciliation of DCF and adjusted EBITDA) Tj ET Q q 0 0 0 rg BT 394.59 458.10 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.96 458.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.18 458.10 Td ( months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 446.10 Td (September 30, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 446.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.70 446.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.70 446.10 Td ( to net income, which is its nearest comparable GAAP) Tj ET Q q 0 0 0 rg BT 399.50 446.10 Td ( financial measure, follows \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 434.10 Td (millions\): ) Tj ET Q endstream endobj 75 0 obj <> endobj 76 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (36) Tj ET Q 1 1 1 rg /GS0 gs 86.50 611.50 284.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 86.50 596.50 284.00 -15.00 re f /GS0 gs 1 1 1 rg /GS0 gs 86.50 486.50 284.00 -25.00 re f /GS0 gs 1 1 1 rg /GS0 gs 86.50 461.50 284.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 686.5 m 422.5 686.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 686.5 m 426.5 686.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 686.5 m 474.5 686.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 686.5 m 422.5 686.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 671.5 m 422.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 686.5 m 474.5 686.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 671.5 m 474.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 671.5 m 530.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 671.5 m 422.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 671.5 m 474.5 671.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 501.5 m 422.5 501.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 501.5 m 474.5 501.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 501.5 m 530.5 501.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 446.5 m 422.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 446.5 m 474.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 446.5 m 530.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 446.5 m 474.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 446.5 m 530.5 446.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 401.5 m 422.5 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 401.5 m 422.5 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 387.5 m 422.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 385.5 m 422.5 385.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 401.5 m 474.5 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 387.5 m 474.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 385.5 m 474.5 385.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 401.5 m 530.5 401.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 387.5 m 530.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 385.5 m 530.5 385.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.20 701.18 Td (Nine Months Ended) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.50 691.18 Td (September 30,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 686.18 Td (Increase) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.60 676.18 Td (\(Decrease\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.00 676.18 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.00 676.18 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 661.17 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.00 661.07 Td (............................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 661.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 661.17 Td (612.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 661.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 661.17 Td (589.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 661.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 661.22 Td (\(22.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 661.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 646.17 Td (Interest expense, net) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 176.91 650.70 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 646.07 Td (.........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 646.17 Td (108.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 646.17 Td (120.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 646.17 Td (12.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 631.17 Td (Depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.00 631.07 Td (............................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 631.17 Td (124.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 631.17 Td (134.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 631.17 Td (9.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 616.17 Td (Equity-based incentive compensation) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 244.96 620.70 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.50 616.07 Td (.............................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.80 616.22 Td (\(2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 616.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 616.17 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 616.17 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 601.17 Td (Loss on sale and retirement of assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.00 601.07 Td (..................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 601.17 Td (4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 601.17 Td (5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 601.17 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 586.17 Td (Gain on exchange of interest in non-controlled entity) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 306.88 590.70 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.50 586.07 Td (.....................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 586.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 586.22 Td (\(28.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 586.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 586.22 Td (\(28.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 586.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 571.17 Td (Commodity-related adjustments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 556.17 Td (Derivative \(gains\) losses recognized in the period associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 546.17 Td (future product transactions) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 217.19 550.70 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.00 546.07 Td (........................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.80 546.22 Td (\(54.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 546.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 546.17 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 546.17 Td (64.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 531.17 Td (Derivative gains \(losses\) recognized in previous periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 521.17 Td (associated with product sales completed in the period) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 323.55 525.70 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 521.07 Td (..............) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 521.17 Td (96.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 521.17 Td (38.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 521.22 Td (\(57.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 521.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 506.17 Td (Lower) Tj ET Q q 0 0 0 rg BT 126.90 506.17 Td (-of-cost-or) Tj ET Q q 0 0 0 rg BT 169.46 506.17 Td (-market adjustments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 250.82 510.70 Td (\(6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.50 506.07 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.80 506.22 Td (\(38.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 506.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.80 506.22 Td (\(2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 506.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 506.17 Td (35.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.00 491.17 Td (Total commodity-related adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.50 491.07 Td (.......................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 491.17 Td (3.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 491.17 Td (45.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 491.17 Td (42.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.50 476.17 Td (Cash distributions received from non-controlled entities in excess of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 466.17 Td (\(less than\) earnings for the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.50 466.07 Td (...................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 466.17 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 466.17 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.80 466.22 Td (\(4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 466.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.50 451.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 116.27 455.70 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.50 451.07 Td (.................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 451.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 451.17 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 451.17 Td (3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 436.17 Td (Adjusted EBITDA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.50 436.07 Td (.................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 436.17 Td (856.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 436.17 Td (874.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 436.17 Td (17.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 421.17 Td (Interest expense, net, excluding debt issuance cost amortization) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 349.08 425.70 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 421.07 Td (....) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.80 421.22 Td (\(106.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 421.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.80 421.22 Td (\(118.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 421.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 421.22 Td (\(12.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 421.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 406.17 Td (Maintenance capital) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 175.79 410.70 Td (\(7\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.50 406.07 Td (.........................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.80 406.22 Td (\(64.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 406.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 406.22 Td (\(86.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 406.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 406.22 Td (\(21.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 406.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 391.17 Td (DCF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.50 391.07 Td (.......................................................................................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 391.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 391.17 Td (686.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 391.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 391.17 Td (670.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 391.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 391.22 Td (\(15.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 391.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 368.40 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 99.00 368.40 Td (In 2015, we adopted ) Tj ET Q q 0 0 0 rg BT 165.88 368.40 Td (Accounting Standards Update \(ASU\) No. 2015-03, Interest: ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 366.94 368.40 Td (Simplifying the Pr) Tj ET Q q 0 0 0 rg BT 424.86 368.40 Td (esentation of Debt Issuance ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 99.00 358.80 Td (Costs.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 118.79 358.80 Td ( Under this new accounting standard, we have reclassified debt issuance cost amortization expense as interest expense. For the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 349.20 Td (purposes of calculating DCF) Tj ET Q q 0 0 0 rg BT 190.12 349.20 Td (, we have excluded debt issuance cost amortization from interest expense of $1.9 million and $2.3 million ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 339.60 Td (for the nine months ended September 30, 2015 and 2016, respectively) Tj ET Q q 0 0 0 rg BT 322.43 339.60 Td (. ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 325.00 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 99.00 325.00 Td (Because we intend to satisfy vesting of units under our equity-based incentive compensation program with the issuance of limited ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 315.40 Td (partner units, expenses related to this program generally are deemed non-cash and added back for DCF purposes. ) Tj ET Q q 0 0 0 rg BT 464.96 315.40 Td (T) Tj ET Q q 0 0 0 rg BT 469.29 315.40 Td (otal equity-based ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 305.80 Td (incentive compensation expense for the nine months ended September 30, 2015 and 2016 was $15.2 million and $14.7 million, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 296.20 Td (respectively) Tj ET Q q 0 0 0 rg BT 137.13 296.20 Td (. However) Tj ET Q q 0 0 0 rg BT 172.13 296.20 Td (, the figures above include an adjustment for minimum statutory tax withholdings we paid in 2015 and 2016 of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 286.60 Td ($17.8 million and $14.4 million, respectively) Tj ET Q q 0 0 0 rg BT 242.91 286.60 Td (, for equity-based incentive compensation units that vested on the previous year end, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 277.00 Td (which reduces DCF) Tj ET Q q 0 0 0 rg BT 161.90 277.00 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 262.40 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 99.00 262.40 Td (In February 2016, we transferred our 50% membership interest in Osage to an af) Tj ET Q q 0 0 0 rg BT 357.00 262.40 Td (filiate of HollyFrontier Corporation \(HFC\). In ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 252.80 Td (conjunction with this transaction, we entered into several commercial agreements with af) Tj ET Q q 0 0 0 rg BT 384.09 252.80 Td (filiates of HFC, which we recorded as ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 243.20 Td (intangible assets and other receivables in our consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 338.77 243.20 Td (W) Tj ET Q q 0 0 0 rg BT 345.68 243.20 Td (e recorded a $28.1 million non-cash gain in relation to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 233.60 Td (this transaction.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 219.00 Td (\(4\) ) Tj ET Q q 0 0 0 rg BT 99.00 219.00 Td (In conjunction with the February 2016 Osage transaction, HFC agreed to make certain payments to us until HFC completes a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 209.40 Td (connection to our El Paso terminal. ) Tj ET Q q 0 0 0 rg BT 215.72 209.40 Td (These payments replace distributions we would have received had the Osage transaction not ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 199.80 Td (occurred and are, therefore, included in our calculation of DCF) Tj ET Q q 0 0 0 rg BT 300.28 199.80 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 185.20 Td (\(5\) ) Tj ET Q q 0 0 0 rg BT 99.00 185.20 Td (Certain derivatives we use as economic hedges have not been designated as hedges for accounting purposes and the mark-to-market ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 175.60 Td (changes of these derivatives are recognized currently in earnings. In addition, we have designated certain derivatives we use to hedge ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 166.00 Td (our crude oil tank bottoms as fair value hedges, and the change in the dif) Tj ET Q q 0 0 0 rg BT 331.45 166.00 Td (ferential between the current spot price and forward price on ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 156.40 Td (these hedges is recognized currently in earnings. ) Tj ET Q q 0 0 0 rg BT 258.13 156.40 Td (W) Tj ET Q q 0 0 0 rg BT 265.04 156.40 Td (e exclude the net impact of both of these adjustments from our determination of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 146.80 Td (DCF until the hedged products are physically sold. In the period in which these products are physically sold, the net impact of the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 137.20 Td (associated hedges is included in our determination of DCF) Tj ET Q q 0 0 0 rg BT 285.88 137.20 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 122.60 Td (\(6\) ) Tj ET Q q 0 0 0 rg BT 99.00 122.60 Td (W) Tj ET Q q 0 0 0 rg BT 105.91 122.60 Td (e add the amount of lower) Tj ET Q q 0 0 0 rg BT 189.50 122.60 Td (-of-cost-or) Tj ET Q q 0 0 0 rg BT 223.55 122.60 Td (-market \(LCM\) adjustments on inventory and firm purchase commitments we recognize in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 113.00 Td (each applicable period to determine DCF as these are non-cash char) Tj ET Q q 0 0 0 rg BT 316.10 113.00 Td (ges against income. In subsequent periods when we physically ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 103.40 Td (sell or purchase the related products, we deduct the LCM adjustments previously recognized to determine DCF) Tj ET Q q 0 0 0 rg BT 454.26 103.40 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 85.50 88.80 Td (\(7\) ) Tj ET Q q 0 0 0 rg BT 99.00 88.80 Td (Maintenance capital expenditure projects maintain our existing assets and do not generate incremental DCF \(i.e. incremental returns to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 79.20 Td (our unitholders\). For this reason, we deduct maintenance capital expenditures to determine DCF) Tj ET Q q 0 0 0 rg BT 408.27 79.20 Td (. ) Tj ET Q endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (37) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 692.10 Td (Liquidity and Capital Resour) Tj ET Q q 0 0 0 rg BT 212.68 692.10 Td (ces) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 668.10 Td (Cash Flows and Capital Expenditur) Tj ET Q q 0 0 0 rg BT 231.08 668.10 Td (es) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 87.00 644.10 Td (Operating ) Tj ET Q q 0 0 0 rg BT 130.80 644.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.07 644.10 Td ( Operating cash flows consist of net income adjusted for certain non-cash items and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.10 Td (changes in certain assets and liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 615.10 Td (Net cash provided by operating activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.67 615.10 Td ($724.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.56 615.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 615.10 Td ($639.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.89 615.10 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.27 615.10 Td (nine months ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 603.10 Td (September 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.76 603.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.26 603.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 603.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.70 603.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.70 603.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 235.36 603.10 Td (. ) Tj ET Q q 0 0 0 rg BT 240.18 603.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.23 603.10 Td ($85.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.12 603.10 Td ( decrease from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.47 603.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.47 603.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.25 603.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.25 603.10 Td ( was due to changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 591.10 Td (our working capital, adjustments for non-cash items and lower net income related to activities previously described.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 87.00 570.10 Td (Investing ) Tj ET Q q 0 0 0 rg BT 127.47 570.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.74 570.10 Td ( Investing cash flows consist primarily of capital expenditures, investments in non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 558.10 Td (controlled entities and acquisitions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 537.10 Td (Net cash used by investing activities for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.18 537.10 Td (nine months ended September 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.98 537.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.48 537.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.48 537.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.92 537.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.92 537.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.47 537.10 Td ($606.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 525.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 525.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.33 525.10 Td ($682.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.22 525.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 222.88 525.10 Td (. During 2016, we incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.69 525.10 Td ($514.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.58 525.10 Td ( for capital expenditures, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 513.10 Td (included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.93 513.10 Td ($86.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.83 513.10 Td ( for maintenance capital and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.60 513.10 Td ($428.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.49 513.10 Td ( for expansion capital. ) Tj ET Q q 0 0 0 rg BT 419.30 513.10 Td (Also during the 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 501.10 Td (period, we contributed capital of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.73 501.10 Td ($174.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.62 501.10 Td ( in conjunction with our joint venture capital projects, which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 489.10 Td (account for as investments in non-controlled entities. During 2015, we incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.20 489.10 Td ($439.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.09 489.10 Td ( for capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 477.10 Td (expenditures, which included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.97 477.10 Td ($64.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.86 477.10 Td ( for maintenance capital and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.63 477.10 Td ($375.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.53 477.10 Td ( for expansion capital. ) Tj ET Q q 0 0 0 rg BT 502.33 477.10 Td (Also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 465.10 Td (during the 2015 period, we acquired a refined products terminal in the ) Tj ET Q q 0 0 0 rg BT 345.41 465.10 Td (Atlanta, Geor) Tj ET Q q 0 0 0 rg BT 399.66 465.10 Td (gia market for $54.7 million and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 453.10 Td (contributed capital of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.02 453.10 Td ($133.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.91 453.10 Td ( in conjunction with our joint venture capital projects. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 87.00 432.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 132.48 432.10 Td (Activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.75 432.10 Td ( Financing cash flows consist primarily of distributions to our unitholders and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 420.10 Td (borrowings and repayments under long-term notes and our commercial paper program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 399.10 Td (Net cash used by financing activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.45 399.10 Td ($125.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.34 399.10 Td ( and net cash provided by financing activities was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 387.10 Td ($305.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.89 387.10 Td ( for the nine months ended September 30, 2015 and 2016, respectively) Tj ET Q q 0 0 0 rg BT 403.67 387.10 Td (. During 2016, we have paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 375.10 Td (cash distributions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.60 375.10 Td ($548.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.50 375.10 Td ( to our unitholders. ) Tj ET Q q 0 0 0 rg BT 283.55 375.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 333.45 375.10 Td (, we received net proceeds of $1.1 billion from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 363.10 Td (borrowings under long-term notes, which were used in part to repay borrowings outstanding under our commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 351.10 Td (paper program and for general partnership purposes, including expansion capital. Net commercial paper repayments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 339.10 Td (during 2016 have totaled $245.0 million. In connection with certain of the borrowings under long-term notes, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 327.10 Td (paid $19.3 million in settlement of associated interest rate swap agreements. ) Tj ET Q q 0 0 0 rg BT 369.86 327.10 Td (Also, in February 2016, the cumulative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 315.10 Td (amounts of the January 2013 equity-based incentive compensation award grants were settled by issuing 350,552 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 303.10 Td (limited partner units and distributing those units to the long-term incentive plan \(L) Tj ET Q q 0 0 0 rg BT 396.46 303.10 Td (TIP\) participants, resulting in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 291.10 Td (payments of associated tax withholdings of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.52 291.10 Td ($14.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.41 291.10 Td (. During 2015, we paid cash distributions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.72 291.10 Td ($489.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.62 291.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 279.10 Td (to our unitholders. ) Tj ET Q q 0 0 0 rg BT 138.55 279.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 188.45 279.10 Td (, we received net proceeds of $499.6 million from borrowings under long-term notes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 267.10 Td (which were used in part to repay borrowings outstanding under our commercial paper program and for general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 255.10 Td (partnership purposes, including expansion capital. In connection with the borrowings under long-term notes, we paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 243.10 Td ($42.9 million in settlement of associated interest rate swap agreements. ) Tj ET Q q 0 0 0 rg BT 350.14 243.10 Td (Also, in January 2015, the cumulative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 231.10 Td (amounts of the January 2012 equity-based incentive compensation award grants were settled by issuing 354,529 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 219.10 Td (limited partner units and distributing those units to the L) Tj ET Q q 0 0 0 rg BT 287.89 219.10 Td (TIP) Tj ET Q q 0 0 0 rg BT 302.52 219.10 Td ( participants, resulting in payments of associated tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 207.10 Td (withholdings of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.56 207.10 Td ($17.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.45 207.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 186.10 Td (The quarterly distribution amount related to our third-quarter 2016 financial results \(to be paid in fourth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 174.10 Td (quarter 2016\) is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.82 174.10 Td ($0.8375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.32 174.10 Td ( per unit. If we are able to meet management) Tj ET Q q 0 0 0 rg BT 345.40 174.10 Td (s tar) Tj ET Q q 0 0 0 rg BT 362.16 174.10 Td (geted distribution growth of 10% for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 162.10 Td (2016 and the number of outstanding limited partner units remains at 227.8million, total cash distributions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 150.10 Td (approximately $755.0 million will be paid to our unitholders related to 2016 earnings. Management believes we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 138.10 Td (will have suf) Tj ET Q q 0 0 0 rg BT 114.47 138.10 Td (ficient DCF to fund these distributions.) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (38) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 704.10 Td (Capital Requir) Tj ET Q q 0 0 0 rg BT 146.35 704.10 Td (ements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 680.10 Td (Our businesses require continual investments to maintain, upgrade or enhance existing operations and to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 668.10 Td (ensure compliance with safety and environmental regulations. Capital spending consists primarily of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 650.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 650.10 Td (Maintenance capital expenditures. ) Tj ET Q q 0 0 0 rg BT 258.70 650.10 Td (These expenditures include costs required to maintain equipment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 638.10 Td (reliability and safety and to address environmental or other regulatory requirements rather than to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 626.10 Td (generate incremental DCF; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 608.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 608.10 Td (Expansion capital expenditures. ) Tj ET Q q 0 0 0 rg BT 249.28 608.10 Td (These expenditures are undertaken primarily to generate incremental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 596.10 Td (DCF and include costs to acquire additional assets to grow our business and to expand or upgrade our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 584.10 Td (existing facilities, which we refer to as or) Tj ET Q q 0 0 0 rg BT 282.32 584.10 Td (ganic growth projects. Or) Tj ET Q q 0 0 0 rg BT 386.83 584.10 Td (ganic growth projects include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 572.10 Td (capital expenditures that increase storage or throughput volumes or develop pipeline connections to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.00 560.10 Td (new supply sources.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 536.10 Td (For the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.61 536.10 Td (nine months ended September 30,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.41 536.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.91 536.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.91 536.10 Td (, our maintenance capital spending was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.58 536.10 Td ($86.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.47 536.10 Td (. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 524.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 524.10 Td (, we expect to spend approximately $105.0 million on maintenance capital.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 500.10 Td (During the first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.66 500.10 Td (nine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.87 500.10 Td ( months of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.15 500.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.15 500.10 Td (, we spent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.92 500.10 Td ($428.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.81 500.10 Td ( for or) Tj ET Q q 0 0 0 rg BT 358.62 500.10 Td (ganic growth capital and contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 488.10 Td ($174.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.89 488.10 Td ( for capital projects in conjunction with our joint ventures. Based on the progress of expansion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 476.10 Td (projects already underway) Tj ET Q q 0 0 0 rg BT 167.86 476.10 Td (, we expect to spend approximately $850 million during 2016, $300 million during 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 464.10 Td (and $250 million during 2018 to complete our current projects. ) Tj ET Q q 0 0 0 rg BT 319.99 464.10 Td (These estimates include $335 million to construct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 452.10 Td (our new marine terminal in Pasadena, ) Tj ET Q q 0 0 0 rg BT 216.38 452.10 Td (T) Tj ET Q q 0 0 0 rg BT 221.79 452.10 Td (exas, including approximately one million barrels of storage on nearly 200 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 440.10 Td (acres of newly-acquired land and a ship dock, which are expected to be operational in early 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 428.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 416.10 Td (Liquidity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 392.10 Td (Cash generated from operations is our primary source of liquidity for funding debt service, maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 380.10 Td (capital expenditures and quarterly distributions to our unitholders. ) Tj ET Q q 0 0 0 rg BT 329.33 380.10 Td (Additional liquidity for purposes other than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 368.10 Td (quarterly distributions, such as expansion capital expenditures and debt repayments, is available through borrowings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 356.10 Td (under our commercial paper program and revolving credit facilities, as well as from other borrowings or issuances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 344.10 Td (of debt or limited partner units \(see Note 7 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 243.51 344.10 Td (Debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.95 344.10 Td ( of the consolidated financial statements included in Item 1 of Part ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 332.10 Td (I of this report for detail of our borrowings and debt outstanding at December 31, 2015 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.13 332.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.39 332.10 Td (\). If ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 320.10 Td (capital markets do not permit us to issue additional debt and equity securities, our business may be adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 308.10 Td (af) Tj ET Q q 0 0 0 rg BT 70.59 308.10 Td (fected, and we may not be able to acquire additional assets and businesses, fund or) Tj ET Q q 0 0 0 rg BT 400.86 308.10 Td (ganic growth projects or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 296.10 Td (continue paying cash distributions at the current level. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 260.10 Td (Off-Balance Sheet ) Tj ET Q q 0 0 0 rg BT 166.43 260.10 Td (Arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 236.10 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 200.10 Td (Envir) Tj ET Q q 0 0 0 rg BT 111.27 200.10 Td (onmental) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 176.10 Td (Our operations are subject to federal, state and local environmental laws and regulations. ) Tj ET Q q 0 0 0 rg BT 444.75 176.10 Td (W) Tj ET Q q 0 0 0 rg BT 453.39 176.10 Td (e have accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 164.10 Td (liabilities for estimated costs at our facilities and properties. ) Tj ET Q q 0 0 0 rg BT 304.42 164.10 Td (W) Tj ET Q q 0 0 0 rg BT 313.05 164.10 Td (e record liabilities when environmental costs are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 152.10 Td (probable and can be reasonably estimated. ) Tj ET Q q 0 0 0 rg BT 234.69 152.10 Td (The determination of amounts recorded for environmental liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 140.10 Td (involves significant judgments and assumptions by management.Due to the inherent uncertainties involved in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 128.10 Td (determining environmental liabilities, it is reasonably possible that the actual amounts required to extinguish these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 116.10 Td (liabilities could be materially dif) Tj ET Q q 0 0 0 rg BT 193.34 116.10 Td (ferent from those we have recognized.) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.50 704.25 Td (Other) Tj ET Q q 0 0 0 rg BT 110.87 704.25 Td ( Items) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 680.25 Td (Condensate Splitter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 166.34 680.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.84 680.25 Td ( ) Tj ET Q q 0 0 0 rg BT 171.16 680.25 Td (W) Tj ET Q q 0 0 0 rg BT 179.80 680.25 Td (e are constructing a condensate splitter at our terminal in Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 472.60 680.25 Td (T) Tj ET Q q 0 0 0 rg BT 478.01 680.25 Td (exas based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 668.25 Td (on a commitment from a single customer) Tj ET Q q 0 0 0 rg BT 227.00 668.25 Td (, an af) Tj ET Q q 0 0 0 rg BT 251.53 668.25 Td (filiate of ) Tj ET Q q 0 0 0 rg BT 288.00 668.25 Td (T) Tj ET Q q 0 0 0 rg BT 293.76 668.25 Td (rafigura, ) Tj ET Q q 0 0 0 rg BT 329.85 668.25 Td (AG. ) Tj ET Q q 0 0 0 rg BT 351.61 668.25 Td (The project also includes construction of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 656.25 Td (more than one million barrels of storage, dock improvements and two additional truck rack bays at our terminal as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 644.25 Td (well as pipeline connectivity between our terminal and a nearby facility also used by our customer) Tj ET Q q 0 0 0 rg BT 455.93 644.25 Td (. Due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.25 Td (construction delays, we currently expect the project to be operational late in the fourth quarter of 2016 and the total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 620.25 Td (cost of the project to be approximately $300 million, approximately one third of which relates to the splitter and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 608.25 Td (remainder to the related infrastructure. Further delays in the construction, commissioning or testing of the facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 596.25 Td (could result in additional costs or a delay in our realizing revenues or profits from the project, and in certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 584.25 Td (circumstances could result in the termination by our customer of its commitment to us as early as first quarter 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 572.25 Td (which could materially reduce the revenues and profits we expect to realize from the project and the value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 560.25 Td (splitter) Tj ET Q q 0 0 0 rg BT 90.22 560.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.50 536.25 Td (Commodity Derivative ) Tj ET Q q 0 0 0 rg BT 179.55 536.25 Td (Agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.44 536.25 Td (. Certain of the business activities in which we engage result in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 524.25 Td (owning various commodities, which exposes us to commodity price risk. ) Tj ET Q q 0 0 0 rg BT 357.22 524.25 Td (W) Tj ET Q q 0 0 0 rg BT 365.86 524.25 Td (e use forward physical commodity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 512.25 Td (contracts and NYMEX contracts to help manage this commodity price risk. ) Tj ET Q q 0 0 0 rg BT 367.18 512.25 Td (W) Tj ET Q q 0 0 0 rg BT 375.82 512.25 Td (e use forward physical contracts to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 500.25 Td (purchase butane and sell refined products. ) Tj ET Q q 0 0 0 rg BT 233.59 500.25 Td (W) Tj ET Q q 0 0 0 rg BT 242.23 500.25 Td (e account for these forward physical contracts as normal purchase and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 488.25 Td (sale contracts, using traditional accrual accounting. ) Tj ET Q q 0 0 0 rg BT 272.46 488.25 Td (W) Tj ET Q q 0 0 0 rg BT 281.10 488.25 Td (e use NYMEX contracts to hedge against changes in prices of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 476.25 Td (refined products and crude oil that we expect to sell and of butane that we expect to purchase in future periods. ) Tj ET Q q 0 0 0 rg BT 508.77 476.25 Td (W) Tj ET Q q 0 0 0 rg BT 517.41 476.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 464.25 Td (use and account for those NYMEX contracts that qualify for hedge accounting treatment as either cash flow or fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 452.25 Td (value hedges, and we use and account for those NYMEX contracts that do not qualify for hedge accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 440.25 Td (treatment as economic hedges. ) Tj ET Q q 0 0 0 rg BT 190.18 440.25 Td (As of and for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.44 440.25 Td (nine months ended September 30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.74 440.25 Td (, our open derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 428.25 Td (contracts and the impact of the derivatives we settled during the period were as follows:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 404.25 Td (Derivative Contracts Designated as Hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 380.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 380.25 Td (NYMEX contracts covering 0.7 million barrels of crude oil to hedge against future price changes of crude ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 368.25 Td (oil tank bottoms.) Tj ET Q q 0 0 0 rg BT 168.82 368.25 Td (These contracts, which we are accounting for as fair value hedges, mature November ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 356.25 Td (2017. ) Tj ET Q q 0 0 0 rg BT 123.82 356.25 Td (Through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.76 356.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.02 356.25 Td (, the cumulative amount of gains from these agreements was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.67 356.25 Td ($17.6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 344.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.89 344.25 Td (. ) Tj ET Q q 0 0 0 rg BT 132.71 344.25 Td (The cumulative gains from these fair value hedges were recorded as adjustments to the asset being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 332.25 Td (hedged, and there has been no inef) Tj ET Q q 0 0 0 rg BT 237.37 332.25 Td (fectiveness recognized for these hedges. ) Tj ET Q q 0 0 0 rg BT 400.46 332.25 Td (W) Tj ET Q q 0 0 0 rg BT 409.09 332.25 Td (e exclude the dif) Tj ET Q q 0 0 0 rg BT 475.27 332.25 Td (ferential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 320.25 Td (between the current spot price and forward price from our assessment of hedge ef) Tj ET Q q 0 0 0 rg BT 425.08 320.25 Td (fectiveness for these fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 308.25 Td (value hedges. ) Tj ET Q q 0 0 0 rg BT 158.24 308.25 Td (The net change in the amounts excluded from our assessment of hedge ef) Tj ET Q q 0 0 0 rg BT 451.30 308.25 Td (fectiveness during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 296.25 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.72 296.25 Td (nine months ended September 30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.02 296.25 Td ( was a gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.06 296.25 Td ($4.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.95 296.25 Td (, which we recognized as other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 284.25 Td (income on our consolidated statements of income.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 260.25 Td (Derivative Contracts Not Designated as Hedges Open) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 238.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 238.25 Td (NYMEX contracts covering 4.7 million barrels of refined products and crude oil related to our butane ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 226.25 Td (blending, fractionation and certain crude oil inventory) Tj ET Q q 0 0 0 rg BT 314.66 226.25 Td (. ) Tj ET Q q 0 0 0 rg BT 321.98 226.25 Td (These contracts mature between October 2016 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 214.25 Td (April 2017 and are being accounted for as economic hedges. ) Tj ET Q q 0 0 0 rg BT 343.45 214.25 Td (Through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.39 214.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.66 214.25 Td (, the cumulative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 202.25 Td (amount of net unrealized losses associated with these agreements was $13.6 million. ) Tj ET Q q 0 0 0 rg BT 439.29 202.25 Td (W) Tj ET Q q 0 0 0 rg BT 447.93 202.25 Td (e recorded these net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 190.25 Td (losses as an adjustment to product sales revenue, of which $7.0 million of net gains was recognized in 2015 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 178.25 Td (and $20.6 million of net losses was recognized in 2016. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 154.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 154.25 Td (NYMEX contracts covering 0.4 million barrels of refined products and crude oil related to inventory we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 142.25 Td (carry that resulted from pipeline product overages. ) Tj ET Q q 0 0 0 rg BT 306.24 142.25 Td (These contracts, which mature between October and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 130.25 Td (December 2016, are being accounted for as economic hedges. ) Tj ET Q q 0 0 0 rg BT 348.99 130.25 Td (Through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.93 130.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.19 130.25 Td (, the cumulative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 118.25 Td (amount of net unrealized losses associated with these agreements was $2.0 million. ) Tj ET Q q 0 0 0 rg BT 434.29 118.25 Td (W) Tj ET Q q 0 0 0 rg BT 442.93 118.25 Td (e recorded these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 106.25 Td (losses as an adjustment to operating expense, all of which was recognized in 2016.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 82.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 82.25 Td (NYMEX contracts covering 1.3 million barrels of butane purchases that mature between October 2016 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 70.25 Td (April 2017, which are being accounted for as economic hedges. ) Tj ET Q q 0 0 0 rg BT 355.95 70.25 Td (Through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.89 70.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.16 70.25 Td (, the ) Tj ET Q endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 704.10 Td (cumulative amount of net unrealized gains associated with these agreements was $3.1 million. ) Tj ET Q q 0 0 0 rg BT 478.43 704.10 Td (W) Tj ET Q q 0 0 0 rg BT 487.07 704.10 Td (e recorded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 692.10 Td (these gains as an adjustment to cost of product sales, of which $0.4 million of net losses was recognized in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 680.10 Td (2015 and $3.5 million of net gains was recognized in 2016. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 656.10 Td (Derivative Contracts Not Designated as Hedges Settled) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 632.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 632.10 Td (NYMEX contracts covering 7.9 million barrels of refined products and crude oil related to economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 620.10 Td (hedges of products from our butane blending, fractionation and certain crude oil inventory activities that we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 608.10 Td (sold during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.78 608.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.78 608.10 Td (. ) Tj ET Q q 0 0 0 rg BT 174.10 608.10 Td (W) Tj ET Q q 0 0 0 rg BT 182.74 608.10 Td (e recognized a gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.52 608.10 Td ($12.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.41 608.10 Td ( in 2016 related to these contracts, which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 596.10 Td (recorded as an adjustment to product sales revenue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 572.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 572.10 Td (NYMEX contracts covering 7.8 million barrels of refined products and crude oil related to economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 560.10 Td (hedges of product inventories from product overages on our pipeline system that we sold during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.86 560.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.86 560.10 Td (. ) Tj ET Q q 0 0 0 rg BT 513.17 560.10 Td (W) Tj ET Q q 0 0 0 rg BT 521.81 560.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 548.10 Td (recognized a gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.85 548.10 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.74 548.10 Td ( in 2016 on the settlement of these contracts, which we recorded as an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 536.10 Td (adjustment to operating expense.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 512.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 512.10 Td (NYMEX contracts covering 1.1 million barrels related to economic hedges of butane purchases we made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 500.10 Td (during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.61 500.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.61 500.10 Td ( associated with our butane blending activities. ) Tj ET Q q 0 0 0 rg BT 339.88 500.10 Td (W) Tj ET Q q 0 0 0 rg BT 348.52 500.10 Td (e recognized a gain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.30 500.10 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.19 500.10 Td ( in 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 488.10 Td (on the settlement of these contracts, which we recorded as an adjustment to cost of product sales.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 85.50 464.10 Td (Impact of Commodity Derivatives on Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 440.10 Td (The following tables provide a summary of the positive and \(negative\) impacts of the mark-to-market gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 428.10 Td (\(losses\) associated with NYMEX contracts on our results of operations for the respective periods presented \(in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 416.10 Td (millions\):) Tj ET Q 1 1 1 rg /GS0 gs 87.50 348.60 158.00 -29.00 re f /GS0 gs 1 1 1 rg /GS0 gs 87.50 319.60 158.00 -21.00 re f /GS0 gs 1 1 1 rg /GS0 gs 87.50 298.60 158.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 378.6 m 290.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 378.6 m 294.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 378.6 m 339.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 378.6 m 343.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 378.6 m 388.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 378.6 m 392.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 378.6 m 437.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 378.6 m 441.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 378.6 m 486.5 378.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 348.6 m 290.5 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 348.6 m 339.5 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 348.6 m 388.5 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 348.6 m 437.5 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 348.6 m 486.5 348.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 298.6 m 290.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 284.6 m 290.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 282.6 m 290.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 298.6 m 339.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 284.6 m 339.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 282.6 m 339.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 298.6 m 388.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 284.6 m 388.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 282.6 m 388.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 298.6 m 437.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 284.6 m 437.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 282.6 m 437.5 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 298.6 m 486.5 298.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 284.6 m 486.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 282.6 m 486.5 282.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.90 382.83 Td (Nine Months Ended September 30, 2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.75 368.83 Td (Product) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.80 360.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.80 352.83 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.35 368.83 Td (Cost of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.75 360.83 Td (Product) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.80 352.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.90 360.83 Td (Operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 352.83 Td (Expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.35 360.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.80 352.83 Td (Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.25 368.83 Td (Net Impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 360.83 Td (on Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.80 352.83 Td (Income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 90.00 331.85 Td (NYMEX gains \(losses\) recorded on open) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 323.85 Td (contracts during the period) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.00 323.55 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.15 324.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.80 324.27 Td (\(0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 324.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 324.27 Td (6.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 324.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 324.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 324.27 Td (6.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 90.00 310.85 Td (NYMEX gains \(losses\) recognized on settled) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 302.85 Td (contracts during the period) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.00 302.55 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 303.27 Td (52.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.80 303.27 Td (\(5.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 303.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 303.27 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 303.27 Td (4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 303.27 Td (52.3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 90.00 287.85 Td (Net impact of NYMEX contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.00 287.55 Td (......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 288.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 288.27 Td (52.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 288.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.80 288.27 Td (\(5.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 288.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 288.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 288.27 Td (7.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 288.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 288.27 Td (4.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 288.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 288.27 Td (58.4) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 87.50 216.60 158.00 -21.00 re f /GS0 gs 1 1 1 rg /GS0 gs 87.50 195.60 158.00 -21.00 re f /GS0 gs 1 1 1 rg /GS0 gs 87.50 174.60 158.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 246.60000000000002 m 290.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 246.60000000000002 m 294.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 246.60000000000002 m 339.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 246.60000000000002 m 343.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 246.60000000000002 m 388.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 246.60000000000002 m 392.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 246.60000000000002 m 437.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 246.60000000000002 m 441.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 246.60000000000002 m 486.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 246.60000000000002 m 290.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 216.60000000000002 m 290.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 246.60000000000002 m 339.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 216.60000000000002 m 339.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 216.60000000000002 m 388.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 216.60000000000002 m 437.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 246.60000000000002 m 486.5 246.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 216.60000000000002 m 486.5 216.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 174.60000000000002 m 290.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 160.60000000000002 m 290.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 158.60000000000002 m 290.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 174.60000000000002 m 339.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 160.60000000000002 m 339.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 158.60000000000002 m 339.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 174.60000000000002 m 388.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 160.60000000000002 m 388.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 158.60000000000002 m 388.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 174.60000000000002 m 437.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 160.60000000000002 m 437.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 158.60000000000002 m 437.5 158.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 174.60000000000002 m 486.5 174.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 160.60000000000002 m 486.5 160.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 158.60000000000002 m 486.5 158.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.90 250.83 Td (Nine Months Ended September 30, 2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.75 236.83 Td (Product) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.80 228.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.80 220.83 Td (Revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.35 236.83 Td (Cost of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.75 228.83 Td (Product) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.80 220.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.90 228.83 Td (Operating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.25 220.83 Td (Expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.35 228.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.80 220.83 Td (Income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.25 236.83 Td (Net Impact) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 228.83 Td (on Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.80 220.83 Td (Income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 90.00 207.85 Td (NYMEX gains \(losses\) recorded on open) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 199.85 Td (contracts during the period) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 186.00 199.55 Td (............................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.80 200.27 Td (\(20.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.65 200.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.15 200.27 Td (3.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.80 200.32 Td (\(2.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 200.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 200.27 Td (4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 200.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.80 200.32 Td (\(14.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 200.27 Td (\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 90.00 186.85 Td (NYMEX gains recognized on settled contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 99.00 178.85 Td (during the period) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 156.00 178.55 Td (...........................................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 179.27 Td (12.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.15 179.27 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 179.27 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 179.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 179.27 Td (13.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 90.00 163.85 Td (Net impact of NYMEX contracts) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 198.00 163.55 Td (......................) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.00 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.80 164.27 Td (\(8.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.65 164.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.15 164.27 Td (3.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.00 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.80 164.32 Td (\(1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 164.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 164.27 Td (4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.00 164.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.80 164.32 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 164.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 87.00 124.10 Td (Related Party T) Tj ET Q q 0 0 0 rg BT 151.06 124.10 Td (ransactions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.35 124.10 Td (See Note 13 ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 265.23 124.10 Td (Related Party T) Tj ET Q q 0 0 0 rg BT 328.00 124.10 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.67 124.10 Td ( in Item 1 of Part I of this report for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 112.10 Td (detail of our related party transactions.) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (41) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 704.25 Td (ITEM 3. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.00 704.25 Td (QUANTIT) Tj ET Q q 0 0 0 rg BT 198.93 704.25 Td (A) Tj ET Q q 0 0 0 rg BT 205.41 704.25 Td (TIVE ) Tj ET Q q 0 0 0 rg BT 231.81 704.25 Td (AND QUALIT) Tj ET Q q 0 0 0 rg BT 294.69 704.25 Td (A) Tj ET Q q 0 0 0 rg BT 301.17 704.25 Td (TIVE DISCLOSURES ) Tj ET Q q 0 0 0 rg BT 400.65 704.25 Td (ABOUT) Tj ET Q q 0 0 0 rg BT 436.03 704.25 Td ( MARKET) Tj ET Q q 0 0 0 rg BT 483.35 704.25 Td ( RISK) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 680.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 680.25 Td (e may be exposed to market risk through changes in commodity prices and interest rates and have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 668.25 Td (established policies to monitor and control these market risks. ) Tj ET Q q 0 0 0 rg BT 312.77 668.25 Td (W) Tj ET Q q 0 0 0 rg BT 321.40 668.25 Td (e use derivative agreements to help manage our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 656.25 Td (exposure to commodity price and interest rate risks. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 632.25 Td (Commodity Price Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 608.25 Td (Our commodity price risk primarily arises from our butane blending and fractionation activities, and from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 596.25 Td (managing product overages associated with our refined products and crude oil pipelines. ) Tj ET Q q 0 0 0 rg BT 421.60 596.25 Td (W) Tj ET Q q 0 0 0 rg BT 430.24 596.25 Td (e use derivatives such as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 584.25 Td (forward physical contracts and NYMEX contracts to help us manage commodity price risk. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 560.25 Td (Forward physical contracts that qualify for and are elected as normal purchases and sales are accounted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 548.25 Td (using traditional accrual accounting. ) Tj ET Q q 0 0 0 rg BT 212.95 548.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.39 548.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.66 548.25 Td (, we had commitments under forward purchase and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 536.25 Td (sale contracts used in our butane blending and fractionation activities as follows \(in millions\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.25 504.75 m 378.25 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.25 504.75 m 432.25 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 504.75 m 486.25 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.25 504.75 m 378.25 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.25 504.75 m 432.25 504.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.25 504.75 m 486.25 504.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.90 509.20 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.90 509.20 Td (< 1 Year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 509.20 Td (1 - 3 Years) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 131.75 493.21 Td (Forward purchase contracts notional value) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 293.25 493.01 Td (..............) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.75 493.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 354.50 493.21 Td (178.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 493.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.00 493.21 Td (61.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.75 493.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 462.50 493.21 Td (116.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 131.75 477.21 Td (Forward purchase contracts barrels) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 266.25 477.01 Td (..........................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.50 477.21 Td (5.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.50 477.21 Td (1.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.50 477.21 Td (3.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 131.75 461.21 Td (Forward sales contracts notional value) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.50 461.01 Td (.....................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.75 461.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 359.00 461.21 Td (83.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.75 461.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.00 461.21 Td (82.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.75 461.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 471.50 461.21 Td (1.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 131.75 445.21 Td (Forward sales contracts barrels) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.50 445.01 Td (.................................) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 363.50 445.21 Td (1.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.50 445.21 Td (1.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 473.75 445.21 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 429.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 417.25 Td (W) Tj ET Q q 0 0 0 rg BT 98.64 417.25 Td (e use NYMEX contracts to hedge against changes in the price of petroleum products we expect to sell or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 405.25 Td (purchase. Some of these NYMEX contracts qualify for hedge accounting treatment, and we designate and account ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 393.25 Td (for these contracts as either cash flow or fair value hedges. ) Tj ET Q q 0 0 0 rg BT 302.44 393.25 Td (W) Tj ET Q q 0 0 0 rg BT 311.08 393.25 Td (e account for those NYMEX contracts that do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 381.25 Td (qualify for hedge accounting treatment as economic hedges. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 357.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 357.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.76 357.25 Td (, we had open NYMEX contracts representing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.48 357.25 Td (5.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.38 357.25 Td ( barrels of petroleum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 345.25 Td (products we expect to sell in the future. ) Tj ET Q q 0 0 0 rg BT 225.18 345.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 275.08 345.25 Td (, we had open NYMEX contracts for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.04 345.25 Td (1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.93 345.25 Td ( barrels of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 333.25 Td (butane we expect to purchase in the future. ) Tj ET Q q 0 0 0 rg BT 239.04 333.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.54 333.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.81 333.25 Td (, the fair value of our open NYMEX contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 321.25 Td (was a net liability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.15 321.25 Td ($12.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.04 321.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 297.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 297.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.76 297.25 Td (, open NYMEX contracts, primarily sales contracts, representing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.63 297.25 Td (5.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.52 297.25 Td ( barrels of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 285.25 Td (petroleum products did not qualify for hedge accounting treatment. ) Tj ET Q q 0 0 0 rg BT 333.48 285.25 Td (A) Tj ET Q q 0 0 0 rg BT 340.15 285.25 Td ( $10.00 per barrel increase in the price of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 273.25 Td (NYMEX contracts for the related petroleum products would result in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.75 273.25 Td ($51.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.64 273.25 Td ( decrease in our operating profit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 261.25 Td (and a $10.00 per barrel decrease in the price of these NYMEX contracts would result in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.42 261.25 Td ($51.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.32 261.25 Td ( increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 249.25 Td (our operating profit. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 225.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 225.25 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.76 225.25 Td (, we had open NYMEX contracts, primarily purchase contracts, representing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.83 225.25 Td (1.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 213.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.89 213.25 Td ( barrels of butane we expect to purchase in the future. Relative to these agreements, a $10.00 per barrel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 201.25 Td (increase in the price of butane would result in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.15 201.25 Td ($13.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.04 201.25 Td ( increase in our operating profit and a $10.00 per barrel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 189.25 Td (decrease in the price of butane would result in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.81 189.25 Td ($13.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.71 189.25 Td ( decrease in our operating profit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 165.25 Td (The increases or decreases in operating profit we recognize from our open NYMEX forward sales and price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 153.25 Td (swap contracts would be substantially of) Tj ET Q q 0 0 0 rg BT 225.29 153.25 Td (fset by higher or lower product sales revenue or cost of product sales when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 141.25 Td (the physical sale or purchase of those products occur) Tj ET Q q 0 0 0 rg BT 273.49 141.25 Td (. ) Tj ET Q q 0 0 0 rg BT 278.31 141.25 Td (These contracts may be for the purchase or sale of product in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 129.25 Td (markets dif) Tj ET Q q 0 0 0 rg BT 108.08 129.25 Td (ferent from those in which we are attempting to hedge our exposure and the resulting hedges may not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 117.25 Td (eliminate all price risks.) Tj ET Q endstream endobj 87 0 obj <> endobj 88 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (42) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 704.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 106.07 704.10 Td (est Rate Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 680.10 Td (Our use of variable rate debt and any forecasted issuances of fixed rate debt expose us to interest rate risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 656.10 Td (During 2016, we entered into $100.0 million of forward-starting interest rate swap agreements to hedge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 644.10 Td (against the risk of variability of future interest payments on a portion of debt we anticipate issuing in 2018. ) Tj ET Q q 0 0 0 rg BT 495.77 644.10 Td (The fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.10 Td (value of these contracts at September 30, 2016 was a net liability of $3.5 million. ) Tj ET Q q 0 0 0 rg BT 392.46 632.10 Td (W) Tj ET Q q 0 0 0 rg BT 401.10 632.10 Td (e account for these agreements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 620.10 Td (as cash flow hedges. ) Tj ET Q q 0 0 0 rg BT 149.65 620.10 Td (A) Tj ET Q q 0 0 0 rg BT 156.32 620.10 Td ( 0.125% decrease in interest rates would result in an increase in the fair value of this liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 608.10 Td (of approximately $3.0 million. ) Tj ET Q q 0 0 0 rg BT 189.93 608.10 Td (A) Tj ET Q q 0 0 0 rg BT 196.60 608.10 Td ( 0.125% increase in interest rates would result in a favorable impact of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 596.10 Td (approximately $2.7 million.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 560.10 Td (ITEM 4. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.00 560.10 Td (CONTROLS ) Tj ET Q q 0 0 0 rg BT 211.07 560.10 Td (AND PROCEDURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 536.10 Td (W) Tj ET Q q 0 0 0 rg BT 95.64 536.10 Td (e performed an evaluation of the ef) Tj ET Q q 0 0 0 rg BT 235.95 536.10 Td (fectiveness of the design and operation of our disclosure controls and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 524.10 Td (procedures \(as defined in rule 13a-14\(c\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 334.56 524.10 Td (Act\) as of the end of the period covered by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 512.10 Td (date of this report. ) Tj ET Q q 0 0 0 rg BT 138.63 512.10 Td (W) Tj ET Q q 0 0 0 rg BT 147.27 512.10 Td (e performed this evaluation under the supervision and with the participation of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 500.10 Td (management, including our general partner) Tj ET Q q 0 0 0 rg BT 235.80 500.10 Td () Tj ET Q q 0 0 0 rg BT 238.58 500.10 Td (s Chief Executive Of) Tj ET Q q 0 0 0 rg BT 322.54 500.10 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 435.09 500.10 Td (ficer) Tj ET Q q 0 0 0 rg BT 452.86 500.10 Td (. Based upon that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 488.10 Td (evaluation, our general partner) Tj ET Q q 0 0 0 rg BT 186.09 488.10 Td () Tj ET Q q 0 0 0 rg BT 188.87 488.10 Td (s Chief Executive Of) Tj ET Q q 0 0 0 rg BT 272.83 488.10 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 385.38 488.10 Td (ficer concluded that these disclosure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 476.10 Td (controls and practices are ef) Tj ET Q q 0 0 0 rg BT 174.98 476.10 Td (fective in providing reasonable assurance that all required disclosures are included in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 464.10 Td (current report. ) Tj ET Q q 0 0 0 rg BT 122.14 464.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 172.04 464.10 Td (, these disclosure controls and practices are ef) Tj ET Q q 0 0 0 rg BT 355.12 464.10 Td (fective in ensuring that information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 452.10 Td (required to be disclosed is accumulated and communicated to our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 404.93 452.10 Td (ficer and Chief Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 440.10 Td (Of) Tj ET Q q 0 0 0 rg BT 73.37 440.10 Td (ficer to allow timely decisions regarding required disclosures. ) Tj ET Q q 0 0 0 rg BT 322.84 440.10 Td (There has been no change in our internal control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 428.10 Td (over financial reporting \(as defined in Rule 13a-15\(f\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 387.33 428.10 Td (Act\) during the quarter ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 416.10 Td (September30, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.26 416.10 Td ( that has materially af) Tj ET Q q 0 0 0 rg BT 229.71 416.10 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 411.13 416.10 Td (fect, our internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 404.10 Td (financial reporting. ) Tj ET Q endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (43) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 692.10 Td (Forward-Looking Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 668.10 Td (Certain matters discussed in this Quarterly Report on Form 10-Q include forward-looking statements within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 656.10 Td (the meaning of Section 27A) Tj ET Q q 0 0 0 rg BT 174.65 656.10 Td ( of the Securities ) Tj ET Q q 0 0 0 rg BT 244.07 656.10 Td (Act and Section 21E of the Exchange ) Tj ET Q q 0 0 0 rg BT 395.97 656.10 Td (Act that discuss our expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 644.10 Td (future results based on current and pending business operations. ) Tj ET Q q 0 0 0 rg BT 321.09 644.10 Td (W) Tj ET Q q 0 0 0 rg BT 329.73 644.10 Td (e make these forward-looking statements in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.10 Td (reliance on the safe harbor protections provided under the Private Securities Litigation Reform ) Tj ET Q q 0 0 0 rg BT 443.71 632.10 Td (Act of 1995. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 620.10 Td (Forward-looking statements can be identified by words such as anticipates, tar) Tj ET Q q 0 0 0 rg BT 389.66 620.10 Td (gets, believes, continue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 608.10 Td (could, estimates, expects, forecasts, goal, guidance, intends, may) Tj ET Q q 0 0 0 rg BT 388.29 608.10 Td (, might, plans, potential, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 596.10 Td (projected, scheduled, should, will and other similar expressions. ) Tj ET Q q 0 0 0 rg BT 356.79 596.10 Td (Although we believe our forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 584.10 Td (statements are based on reasonable assumptions, statements made regarding future results are not guarantees of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 572.10 Td (future performance and are subject to numerous assumptions, uncertainties and risks that are dif) Tj ET Q q 0 0 0 rg BT 446.58 572.10 Td (ficult to predict. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 560.10 Td (Therefore, actual outcomes and results may be materially dif) Tj ET Q q 0 0 0 rg BT 305.78 560.10 Td (ferent from the results stated or implied in such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 548.10 Td (forward-looking statements included in this report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 536.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 524.10 Td (The following are among the important factors that could cause future results to dif) Tj ET Q q 0 0 0 rg BT 419.77 524.10 Td (fer materially from any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 512.10 Td (projected, forecasted, estimated or budgeted amounts we have discussed in this report:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 500.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 488.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 488.10 Td (overall demand for refined products, crude oil, liquefied petroleum gases and ammonia in the U.S.;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 476.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 476.10 Td (price fluctuations for refined products, crude oil, liquefied petroleum gases and ammonia and expectations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 464.10 Td (about future prices for these products;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 452.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 452.10 Td (decreases in the production of crude oil in the basins served by our pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 440.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 440.10 Td (changes in general economic conditions, interest rates and price levels;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 428.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 428.10 Td (changes in the financial condition of our customers, vendors, derivatives counterparties, lenders or joint ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 416.10 Td (venture co-owners;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 404.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 404.10 Td (our ability to secure financing in the credit and capital markets in amounts and on terms that will allow us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 392.10 Td (to execute our growth strategy) Tj ET Q q 0 0 0 rg BT 219.98 392.10 Td (, refinance our existing obligations when due and maintain adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 380.10 Td (liquidity;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 368.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 368.10 Td (development of alternative ener) Tj ET Q q 0 0 0 rg BT 225.70 368.10 Td (gy sources, including but not limited to natural gas, solar power) Tj ET Q q 0 0 0 rg BT 480.25 368.10 Td (, wind ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 356.10 Td (power and geothermal ener) Tj ET Q q 0 0 0 rg BT 207.94 356.10 Td (gy) Tj ET Q q 0 0 0 rg BT 217.29 356.10 Td (, increased use of biofuels such as ethanol and biodiesel, increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 344.10 Td (conservation or fuel ef) Tj ET Q q 0 0 0 rg BT 189.06 344.10 Td (ficiency) Tj ET Q q 0 0 0 rg BT 220.61 344.10 Td (, as well as regulatory developments or other trends that could af) Tj ET Q q 0 0 0 rg BT 479.24 344.10 Td (fect demand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 332.10 Td (for our services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 320.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 320.10 Td (changes in the throughput or interruption in service of refined products or crude oil pipelines owned and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 308.10 Td (operated by third parties and connected to our assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 296.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 296.10 Td (changes in demand for storage in our refined products, crude oil or marine terminals;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 284.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 284.10 Td (changes in supply and demand patterns for our facilities due to geopolitical events, the activities of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 272.10 Td (Or) Tj ET Q q 0 0 0 rg BT 109.37 272.10 Td (ganization of the Petroleum Exporting Countries, changes in U.S. trade policies or in laws governing the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 260.10 Td (importing and exporting of petroleum products, technological developments or other factors;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 248.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 248.10 Td (our ability to manage interest rate and commodity price exposures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 236.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 236.10 Td (changes in our tarif) Tj ET Q q 0 0 0 rg BT 176.29 236.10 Td (f rates implemented by the Federal Ener) Tj ET Q q 0 0 0 rg BT 336.60 236.10 Td (gy Regulatory Commission, the U.S. Surface ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 224.10 Td (T) Tj ET Q q 0 0 0 rg BT 104.76 224.10 Td (ransportation Board or state regulatory agencies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 212.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 212.10 Td (shut-downs or cutbacks at refineries, oil wells, petrochemical plants, ammonia production facilities or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 200.10 Td (customers or businesses that use or supply our services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 188.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 188.10 Td (the ef) Tj ET Q q 0 0 0 rg BT 121.30 188.10 Td (fect of weather patterns and other natural phenomena, including climate change, on our operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 176.10 Td (and demand for our services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 164.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 164.10 Td (an increase in the competition our operations encounter;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 152.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 152.10 Td (the occurrence of natural disasters, terrorism, operational hazards, equipment failures, system failures or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 140.10 Td (unforeseen interruptions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 128.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 128.10 Td (our ability to obtain adequate levels of insurance at a reasonable cost, and the potential for losses to exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 116.10 Td (the insurance coverage we do obtain;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 104.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 104.10 Td (the treatment of us as a corporation for federal or state income tax purposes or if we become subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 92.10 Td (significant forms of other taxation or more aggressive enforcement or increased assessments under existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 80.10 Td (forms of taxation;) Tj ET Q endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 704.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 704.10 Td (our ability to identify expansion projects or to complete identified expansion projects on time and at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 692.10 Td (projected costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 680.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 680.10 Td (our ability to make and integrate accretive acquisitions and joint ventures and successfully execute our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 668.10 Td (business strategy;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 656.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 656.10 Td (uncertainty of estimates, including accruals and costs of environmental remediation;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 644.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 644.10 Td (our ability to cooperate with and rely on our joint venture co-owners;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 632.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 632.10 Td (actions by rating agencies concerning our credit ratings;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 620.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 620.10 Td (our ability to timely obtain and maintain all necessary approvals, consents and permits required to operate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 608.10 Td (our existing assets and to construct, acquire and operate any new or modified assets; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 596.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 596.10 Td (our ability to promptly obtain all necessary services, materials, labor) Tj ET Q q 0 0 0 rg BT 372.69 596.10 Td (, supplies and rights-of-way required ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 584.10 Td (for construction of our growth projects, and to complete construction without significant delays, disputes or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 572.10 Td (cost overruns;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 560.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 560.10 Td (risks inherent in the use and security of information systems in our business and implementation of new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 548.10 Td (software and hardware;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 536.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 536.10 Td (changes in laws and regulations that govern product quality specifications or renewable fuel obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 524.10 Td (that could impact our ability to produce gasoline volumes through our butane blending activities or that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 512.10 Td (could require significant capital outlays for compliance;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 500.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 500.10 Td (changes in laws and regulations to which we or our customers are or become subject, including tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 488.10 Td (withholding requirements, safety) Tj ET Q q 0 0 0 rg BT 230.26 488.10 Td (, security) Tj ET Q q 0 0 0 rg BT 266.27 488.10 Td (, employment, hydraulic fracturing, derivatives transactions, trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 476.10 Td (and environmental laws and regulations, including laws and regulations designed to address climate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 464.10 Td (change;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 452.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 452.10 Td (the cost and ef) Tj ET Q q 0 0 0 rg BT 156.85 452.10 Td (fects of legal and administrative claims and proceedings against us or our subsidiaries;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 440.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 440.10 Td (the amount of our indebtedness, which could make us vulnerable to general adverse economic and industry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 428.10 Td (conditions, limit our ability to borrow additional funds, place us at competitive disadvantages compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 416.10 Td (our competitors that have less debt or have other adverse consequences;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 404.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 404.10 Td (the ef) Tj ET Q q 0 0 0 rg BT 121.30 404.10 Td (fect of changes in accounting policies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 392.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 392.10 Td (the potential that our internal controls may not be adequate, weaknesses may be discovered or remediation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 380.10 Td (of any identified weaknesses may not be successful;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 368.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 368.10 Td (the ability of our customers, vendors, lenders, joint venture co-owners or other third parties to perform on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 356.10 Td (their contractual obligations to us;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 344.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 344.10 Td (petroleum product supply disruptions; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 332.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 332.10 Td (global and domestic repercussions from terrorist activities, including cyber attacks, and the government) Tj ET Q q 0 0 0 rg BT 516.10 332.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 320.10 Td (response thereto; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 308.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 308.10 Td (other factors and uncertainties inherent in the transportation, storage and distribution of petroleum products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.00 296.10 Td (and ammonia, and the operation, acquisition and construction of assets related to such activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 284.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 272.10 Td (This list of important factors is not exclusive. ) Tj ET Q q 0 0 0 rg BT 269.46 272.10 Td (W) Tj ET Q q 0 0 0 rg BT 278.09 272.10 Td (e undertake no obligation to publicly update or revise any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 260.10 Td (forward-looking statement, whether as a result of new information, future events, changes in assumptions or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 248.10 Td (otherwise.) Tj ET Q endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.85 692.10 Td (P) Tj ET Q q 0 0 0 rg BT 284.22 692.10 Td (AR) Tj ET Q q 0 0 0 rg BT 298.31 692.10 Td (T) Tj ET Q q 0 0 0 rg BT 304.80 692.10 Td ( II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 240.80 671.10 Td (OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 327.56 671.10 Td (TION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (ITEM 1. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 647.10 Td (LEGAL) Tj ET Q q 0 0 0 rg BT 169.46 647.10 Td ( PROCEEDINGS) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 85.50 626.10 Td (Clean) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 109.39 626.10 Td ( W) Tj ET Q q 0 0 0 rg BT 119.30 626.10 Td (ater ) Tj ET Q q 0 0 0 rg BT 137.73 626.10 Td (Act Information Requests and Claims.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.22 626.10 Td ( In July 201) Tj ET Q q 0 0 0 rg BT 337.35 626.10 Td (1, we received an information request from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 614.10 Td (Environmental Protection ) Tj ET Q q 0 0 0 rg BT 167.98 614.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 220.10 614.10 Td (A\) pursuant to Section 308 of the Clean ) Tj ET Q q 0 0 0 rg BT 385.99 614.10 Td (W) Tj ET Q q 0 0 0 rg BT 394.63 614.10 Td (ater ) Tj ET Q q 0 0 0 rg BT 411.56 614.10 Td (Act regarding a pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 602.10 Td (release near ) Tj ET Q q 0 0 0 rg BT 112.78 602.10 Td (T) Tj ET Q q 0 0 0 rg BT 118.19 602.10 Td (exas City) Tj ET Q q 0 0 0 rg BT 155.04 602.10 Td (, ) Tj ET Q q 0 0 0 rg BT 159.86 602.10 Td (T) Tj ET Q q 0 0 0 rg BT 165.27 602.10 Td (exas in February 201) Tj ET Q q 0 0 0 rg BT 249.04 602.10 Td (1 \(the "T) Tj ET Q q 0 0 0 rg BT 284.08 602.10 Td (exas Release"\). In ) Tj ET Q q 0 0 0 rg BT 360.63 602.10 Td (April 2012, we received a similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 590.10 Td (information request from the EP) Tj ET Q q 0 0 0 rg BT 191.50 590.10 Td (A) Tj ET Q q 0 0 0 rg BT 198.17 590.10 Td ( pursuant to Section 308 of the Clean ) Tj ET Q q 0 0 0 rg BT 349.07 590.10 Td (W) Tj ET Q q 0 0 0 rg BT 357.71 590.10 Td (ater ) Tj ET Q q 0 0 0 rg BT 374.64 590.10 Td (Act regarding a pipeline release near ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 578.10 Td (Nemaha, Nebraska in December 201) Tj ET Q q 0 0 0 rg BT 210.07 578.10 Td (1 \(the "Nebraska Release"\). In October 2015, we received a letter from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 566.10 Td (U.S. Department of Justice \("DOJ Letter"\) stating that the Clean ) Tj ET Q q 0 0 0 rg BT 322.58 566.10 Td (W) Tj ET Q q 0 0 0 rg BT 331.22 566.10 Td (ater ) Tj ET Q q 0 0 0 rg BT 348.16 566.10 Td (Act claims arising out of the ) Tj ET Q q 0 0 0 rg BT 464.06 566.10 Td (T) Tj ET Q q 0 0 0 rg BT 469.47 566.10 Td (exas Release, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 554.10 Td (the Nebraska Release and a pipeline release near El Dorado, Kansas in May 2015 have all been referred to the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 542.10 Td (Department of Justice for enforcement. ) Tj ET Q q 0 0 0 rg BT 224.70 542.10 Td (The DOJ Letter proposed a settlement of Clean ) Tj ET Q q 0 0 0 rg BT 416.13 542.10 Td (W) Tj ET Q q 0 0 0 rg BT 424.76 542.10 Td (ater ) Tj ET Q q 0 0 0 rg BT 441.70 542.10 Td (Act claims related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 530.10 Td (the three releases in the form of an enforceable commitment from us to take certain yet to be determined steps to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 518.10 Td (prevent future releases and a civil penalty of $2.8 million. In response to the DOJ Letter) Tj ET Q q 0 0 0 rg BT 416.94 518.10 Td (, we are engaged in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 506.10 Td (discussions with the U.S. Department of Justice in an ef) Tj ET Q q 0 0 0 rg BT 286.39 506.10 Td (fort to settle the Clean ) Tj ET Q q 0 0 0 rg BT 377.58 506.10 Td (W) Tj ET Q q 0 0 0 rg BT 386.21 506.10 Td (ater ) Tj ET Q q 0 0 0 rg BT 403.15 506.10 Td (Act claims on terms that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 494.10 Td (mutually agreeable. ) Tj ET Q q 0 0 0 rg BT 146.67 494.10 Td (While the results cannot be predicted with certainty) Tj ET Q q 0 0 0 rg BT 352.34 494.10 Td (, we believe the ultimate resolution of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 482.10 Td (matters will not have a material impact on our results of operations, financial position or cash flows.) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 85.50 461.10 Td (U.S) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 100.22 461.10 Td (. Oil Recovery) Tj ET Q q 0 0 0 rg BT 157.14 461.10 Td (, EP) Tj ET Q q 0 0 0 rg BT 173.07 461.10 Td (A) Tj ET Q q 0 0 0 rg BT 179.00 461.10 Td ( ID No.: TXN000607093 Superfund Site.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.49 461.10 Td () Tj ET Q q 0 0 0 rg BT 343.81 461.10 Td (W) Tj ET Q q 0 0 0 rg BT 352.45 461.10 Td (e have liability at the U.S. Oil Recovery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 449.10 Td (Superfund Site in Pasadena, ) Tj ET Q q 0 0 0 rg BT 177.52 449.10 Td (T) Tj ET Q q 0 0 0 rg BT 182.93 449.10 Td (exas as a potential responsible party \(PRP\) under Section 107\(a\) of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 437.10 Td (Comprehensive Environmental Response, Compensation, and Liability ) Tj ET Q q 0 0 0 rg BT 349.62 437.10 Td (Act of 1980, as amended \(CERCLA\). ) Tj ET Q q 0 0 0 rg BT 511.25 437.10 Td (As a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 425.10 Td (result of the EP) Tj ET Q q 0 0 0 rg BT 124.02 425.10 Td (A) Tj ET Q q 0 0 0 rg BT 130.13 425.10 Td () Tj ET Q q 0 0 0 rg BT 132.91 425.10 Td (s ) Tj ET Q q 0 0 0 rg BT 138.75 425.10 Td (Administrative Settlement ) Tj ET Q q 0 0 0 rg BT 245.95 425.10 Td (Agreement and Order on Consent for Removal ) Tj ET Q q 0 0 0 rg BT 435.63 425.10 Td (Action, filed ) Tj ET Q q 0 0 0 rg BT 488.12 425.10 Td (August ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 413.10 Td (25, 201) Tj ET Q q 0 0 0 rg BT 92.63 413.10 Td (1, EP) Tj ET Q q 0 0 0 rg BT 113.38 413.10 Td (A) Tj ET Q q 0 0 0 rg BT 120.05 413.10 Td ( Region 6, CERCLA) Tj ET Q q 0 0 0 rg BT 202.83 413.10 Td ( Docket No. 06-10-1) Tj ET Q q 0 0 0 rg BT 285.22 413.10 Td (1, we voluntarily entered into the PRP) Tj ET Q q 0 0 0 rg BT 437.88 413.10 Td ( group responsible for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 401.10 Td (the site investigation, stabilization and subsequent site cleanup. ) Tj ET Q q 0 0 0 rg BT 318.32 401.10 Td (W) Tj ET Q q 0 0 0 rg BT 326.96 401.10 Td (e have paid $15,000 associated with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 389.10 Td (assessment phase. Until this assessment phase has been completed, we cannot reasonably estimate our proportionate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 377.10 Td (share of the remediation costs associated with this site. ) Tj ET Q q 0 0 0 rg BT 286.93 377.10 Td (While the results cannot be reasonably estimated, we believe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 365.10 Td (the ultimate resolution of this matter will not have a material impact on our results of operations, financial position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 353.10 Td (or cash flows.) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 85.50 332.10 Td (Lake) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 104.94 332.10 Td ( Calumet Cluster Site, EP) Tj ET Q q 0 0 0 rg BT 206.70 332.10 Td (A) Tj ET Q q 0 0 0 rg BT 212.62 332.10 Td ( ID No.: ILD000716852 Superfund Site. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.89 332.10 Td (W) Tj ET Q q 0 0 0 rg BT 386.53 332.10 Td (e have liability at the Lake Calumet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 320.10 Td (Cluster Superfund Site in Chicago, Illinois as a PRP) Tj ET Q q 0 0 0 rg BT 271.23 320.10 Td ( under Sections 107\(a\) and 1) Tj ET Q q 0 0 0 rg BT 385.55 320.10 Td (13\(f\)\(1\) of CERCLA. ) Tj ET Q q 0 0 0 rg BT 476.93 320.10 Td (As a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 308.10 Td (the EP) Tj ET Q q 0 0 0 rg BT 88.47 308.10 Td (A) Tj ET Q q 0 0 0 rg BT 94.58 308.10 Td () Tj ET Q q 0 0 0 rg BT 97.36 308.10 Td (s ) Tj ET Q q 0 0 0 rg BT 103.20 308.10 Td (Administrative Settlement ) Tj ET Q q 0 0 0 rg BT 210.41 308.10 Td (Agreement and Order for Remedial Investigation/Feasibility Study of June ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 296.10 Td (2013, we are in the process of voluntarily entering the PRP) Tj ET Q q 0 0 0 rg BT 298.97 296.10 Td ( group responsible for the investigation, cleanup and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 284.10 Td (installation of an appropriate clay cap over the site. ) Tj ET Q q 0 0 0 rg BT 272.46 284.10 Td (W) Tj ET Q q 0 0 0 rg BT 281.10 284.10 Td (e have paid $8,000 associated with the Remedial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 272.10 Td (Investigation/Feasibility Study and cleanup costs to date. Our projected portion of the estimated cap installation is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 260.10 Td ($55,000. ) Tj ET Q q 0 0 0 rg BT 102.82 260.10 Td (While the results cannot be predicted with certainty) Tj ET Q q 0 0 0 rg BT 308.48 260.10 Td (, we believe the ultimate resolution of this matter will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 248.10 Td (not have a material impact on our results of operations, financial position or cash flows.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 87.00 224.10 Td (Anhydr) Tj ET Q q 0 0 0 rg BT 116.07 224.10 Td (ous ) Tj ET Q q 0 0 0 rg BT 132.28 224.10 Td (Ammonia Event. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.87 224.10 Td (On October 17, 2016, we experienced a release of anhydrous ammonia on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 212.10 Td (ammonia pipeline system near ) Tj ET Q q 0 0 0 rg BT 187.23 212.10 Td (T) Tj ET Q q 0 0 0 rg BT 192.64 212.10 Td (ekamah, Nebraska. ) Tj ET Q q 0 0 0 rg BT 273.81 212.10 Td (The release resulted in a fatality and possible injuries. ) Tj ET Q q 0 0 0 rg BT 493.83 212.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 200.10 Td (National ) Tj ET Q q 0 0 0 rg BT 99.75 200.10 Td (T) Tj ET Q q 0 0 0 rg BT 105.51 200.10 Td (ransportation Safety Board is investigating the event. On October 21, 2016, the U.S. Department of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 188.10 Td (T) Tj ET Q q 0 0 0 rg BT 68.76 188.10 Td (ransportation, Pipeline and Hazardous Materials Safety ) Tj ET Q q 0 0 0 rg BT 291.75 188.10 Td (Administration \(PHMSA\) issued a Corrective ) Tj ET Q q 0 0 0 rg BT 485.89 188.10 Td (Action ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 176.10 Td (Order to Magellan ) Tj ET Q q 0 0 0 rg BT 138.81 176.10 Td (Ammonia Pipeline, L.P) Tj ET Q q 0 0 0 rg BT 232.14 176.10 Td (. related to the event, which, among other things, requires PHMSA) Tj ET Q q 0 0 0 rg BT 498.20 176.10 Td () Tj ET Q q 0 0 0 rg BT 500.98 176.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 164.10 Td (approval prior to re-start of the af) Tj ET Q q 0 0 0 rg BT 196.65 164.10 Td (fected pipeline segment. ) Tj ET Q q 0 0 0 rg BT 298.93 164.10 Td (W) Tj ET Q q 0 0 0 rg BT 307.57 164.10 Td (e are currently unable to estimate the full impact of this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 152.10 Td (event. However) Tj ET Q q 0 0 0 rg BT 128.41 152.10 Td (, we believe the impact on our financial position and results of operations is not likely to be material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 140.10 Td (as defined by the Securities and Exchange Commission.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 85.50 119.10 Td (W) Tj ET Q q 0.13725490196078433 0.12156862745098039 0.12549019607843137 rg BT 94.14 119.10 Td (e) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 98.58 119.10 Td ( are a party to various other claims, legal actions and complaints arising in the ordinary course of business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 107.10 Td (While the results cannot be predicted with certainty) Tj ET Q q 0 0 0 rg BT 268.66 107.10 Td (, management believes the ultimate resolution of these claims, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 95.10 Td (legal actions and complaints after consideration of amounts accrued, insurance coverage or other indemnification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 83.10 Td (arrangements will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 256.90 83.10 Td (fect on our future results of operations, financial position or cash ) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 27.22 0 0 10.09 63.00 68.94 cm /I13 Do Q endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (46) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 680.10 Td (ITEM 1A. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 680.10 Td (RISK F) Tj ET Q q 0 0 0 rg BT 167.32 680.10 Td (ACT) Tj ET Q q 0 0 0 rg BT 188.25 680.10 Td (ORS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 656.10 Td (In addition to the information set forth in this report, you should carefully consider the factors discussed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 644.10 Td (Part I, Item1A. Risk Factors in our ) Tj ET Q q 0 0 0 rg BT 215.20 644.10 Td (Annual Report on Form 10-K for the year ended December31, 2015, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 632.10 Td (could materially af) Tj ET Q q 0 0 0 rg BT 138.34 632.10 Td (fect our business, financial condition or future results. ) Tj ET Q q 0 0 0 rg BT 356.44 632.10 Td (The risks described in our ) Tj ET Q q 0 0 0 rg BT 462.25 632.10 Td (Annual Report ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 620.10 Td (on Form 10-K are not our only risks. ) Tj ET Q q 0 0 0 rg BT 212.16 620.10 Td (Additional risks and uncertainties not currently known to us or that we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 608.10 Td (currently deem to be immaterial also could materially adversely af) Tj ET Q q 0 0 0 rg BT 328.55 608.10 Td (fect our business, financial condition or operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 596.10 Td (results.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 548.10 Td (ITEM 2. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 548.10 Td (UNREGISTERED SALES OF) Tj ET Q q 0 0 0 rg BT 265.22 548.10 Td ( EQUITY) Tj ET Q q 0 0 0 rg BT 306.80 548.10 Td ( SECURITIES ) Tj ET Q q 0 0 0 rg BT 371.83 548.10 Td (AND USE OF) Tj ET Q q 0 0 0 rg BT 431.46 548.10 Td ( PROCEEDS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 524.10 Td (None.) Tj ET Q BT /F1 14.00 Tf ET q 0 0 0 rg BT 63.00 507.30 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 478.50 Td (ITEM 3. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 478.50 Td (DEF) Tj ET Q q 0 0 0 rg BT 154.26 478.50 Td (AUL) Tj ET Q q 0 0 0 rg BT 174.45 478.50 Td (TS UPON SENIOR SECURITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 454.50 Td (None.) Tj ET Q BT /F1 14.00 Tf ET q 0 0 0 rg BT 63.00 437.70 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 408.90 Td (ITEM 4. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 408.90 Td (MINE SAFETY) Tj ET Q q 0 0 0 rg BT 203.80 408.90 Td ( DISCLOSURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 384.90 Td (Not applicable.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 348.90 Td (ITEM 5. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 348.90 Td (OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 221.76 348.90 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 324.90 Td (None.) Tj ET Q endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 704.25 Td (ITEM 6. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 704.25 Td (EXHIBITS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 666.75 m 139.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 159.5 666.75 m 530.5 666.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 671.43 Td (Exhibit Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 162.00 671.43 Td (Description) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 653.32 Td (Exhibit 4.1*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 653.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 653.32 Td (Seventh Supplemental Indenture dated as of September 13, 2016, between Magellan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 643.32 Td (Midstream Partners, L.P. and U.S. Bank National Association, as trustee \(filed as Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 633.32 Td (4.2 to Form 8-K filed September 13, 2016\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 614.32 Td (Exhibit 10.1*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 614.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 613.42 Td (First Amendment to 364-Day Credit Agreement, dated as of October 20, 2016, among) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 603.42 Td (Magellan Midstream Partners, L.P., as borrower, Wells Fargo Bank, National Association,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 593.42 Td (as administrative agent, and the lenders party thereto \(filed as Exhibit 10.1 to Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 583.42 Td (filed October 20, 2016\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 564.42 Td (Exhibit 12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 564.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 564.42 Td (Ratio of earnings to fixed charges.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 544.42 Td (Exhibit 31.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 544.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 544.42 Td (Certification of Michael N. Mears, principal executive officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 526.32 Td (Exhibit 31.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 526.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 526.32 Td (Certification of Aaron L. Milford, principal financial officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 508.32 Td (Exhibit 32.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 508.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 508.32 Td (Section 1350 Certification of Michael N. Mears, Chief Executive Officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 490.32 Td (Exhibit 32.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 490.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 490.32 Td (Section 1350 Certification of Aaron L. Milford, Chief Financial Officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 472.32 Td (Exhibit 101.INS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 472.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 472.32 Td (XBRL Instance Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 454.32 Td (Exhibit 101.SCH) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 454.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 454.32 Td (XBRL Taxonomy Extension Schema.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 436.32 Td (Exhibit 101.CAL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 436.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 436.32 Td (XBRL Taxonomy Extension Calculation Linkbase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 418.32 Td (Exhibit 101.DEF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 418.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 418.32 Td (XBRL Taxonomy Extension Definition Linkbase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 400.32 Td (Exhibit 101.LAB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 400.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 400.32 Td (XBRL Taxonomy Extension Label Linkbase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 382.32 Td (Exhibit 101.PRE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 382.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 382.32 Td (XBRL Taxonomy Extension Presentation Linkbase.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 345.45 Td (____________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 326.25 Td (* Each such exhibit has heretofore been filed with the Securities and Exchange Commission as part of the filing indicated and is incorporated ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.00 316.65 Td (herein by reference.) Tj ET Q endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.85 692.10 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 295.78 692.10 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 671.10 Td (Pursuant to the requirements of the Securities and Exchange ) Tj ET Q q 0 0 0 rg BT 329.99 671.10 Td (Act of 1934, the registrant has duly caused this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 659.10 Td (report to be signed on its behalf by the undersigned thereunto duly authorized in ) Tj ET Q q 0 0 0 rg BT 386.07 659.10 Td (T) Tj ET Q q 0 0 0 rg BT 391.83 659.10 Td (ulsa, Oklahoma on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.59 659.10 Td (November2, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 647.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 647.10 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 636.30 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 546.8 m 322.5 546.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 322.5 546.8 m 326.5 546.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 546.8 m 529.5 546.8 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 615.47 Td (MAGELLAN MIDSTREAM PARTNERS, L.P.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 596.47 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 596.47 Td (Magellan GP, LLC,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 272.00 581.05 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 581.47 Td (its general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 551.47 Td (/s/ Aaron L. Milford) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 536.47 Td (Aaron L. Milford) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 521.47 Td (Chief Financial Officer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 506.47 Td (\(Principal Accounting and Financial Officer\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 101 0 obj <> endobj 102 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 756.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 756.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.00 51.60 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 692.10 Td (INDEX ) Tj ET Q q 0 0 0 rg BT 283.07 692.10 Td (T) Tj ET Q q 0 0 0 rg BT 289.00 692.10 Td (O EXHIBITS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 63.5 617.6 m 139.5 617.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 159.5 617.6 m 519.5 617.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 622.27 Td (Exhibit Number) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 162.00 621.83 Td (Description) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 604.17 Td (Exhibit 4.1*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 604.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 604.17 Td (Seventh Supplemental Indenture dated as of September 13, 2016, between Magellan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 594.17 Td (Midstream Partners, L.P. and U.S. Bank National Association, as trustee \(filed as) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 584.17 Td (Exhibit 4.2 to Form 8-K filed September 13, 2016\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 566.17 Td (Exhibit 10.1*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 566.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 565.27 Td (First Amendment to 364-Day Credit Agreement, dated as of October 20, 2016, among) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 555.27 Td (Magellan Midstream Partners, L.P., as borrower, Wells Fargo Bank, National) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 545.27 Td (Association, as administrative agent, and the lenders party thereto \(filed as Exhibit 10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 535.27 Td (to Form 8-K filed October 20, 2016\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 517.17 Td (Exhibit 12) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 515.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 517.17 Td (Ratio of earnings to fixed charges.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 498.17 Td (Exhibit 31.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 496.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 498.17 Td (Certification of Michael N. Mears, principal executive officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 479.17 Td (Exhibit 31.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 477.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 479.17 Td (Certification of Aaron L. Milford, principal financial officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 460.17 Td (Exhibit 32.1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 458.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 460.17 Td (Section 1350 Certification of Michael N. Mears, Chief Executive Officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 441.17 Td (Exhibit 32.2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 439.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 441.17 Td (Section 1350 Certification of Aaron L. Milford, Chief Financial Officer.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 422.17 Td (Exhibit 101.INS) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 420.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 422.17 Td (XBRL Instance Document.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 403.17 Td (Exhibit 101.SCH) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 401.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 403.17 Td (XBRL Taxonomy Extension Schema.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 384.17 Td (Exhibit 101.CAL) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 382.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 384.17 Td (XBRL Taxonomy Extension Calculation Linkbase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 364.27 Td (Exhibit 101.DEF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 364.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 364.27 Td (XBRL Taxonomy Extension Definition Linkbase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 345.27 Td (Exhibit 101.LAB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.00 345.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 345.27 Td (XBRL Taxonomy Extension Label Linkbase.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 326.27 Td (Exhibit 101.PRE) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 142.00 325.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 326.27 Td (XBRL Taxonomy Extension Presentation Linkbase.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 298.90 Td (____________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 279.70 Td (* Each such exhibit has heretofore been filed with the Securities and Exchange Commission as part of the filing indicated and is incorporated ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.00 270.10 Td (herein by reference.) Tj ET Q endstream endobj 103 0 obj <> /View <>>>>> endobj 104 0 obj <> /View <>>>>> endobj 105 0 obj <> endobj 106 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;