Paid Early in September 2020
Borrowed @ Eurodollar Rates
To reflect transfers between Carrier and Reimbursable Capital asset classifications.
Management believes that the information on this page has been prepared in accordance with the Commission's Opinion 154-B methodology. This presentation on page 700 is not necessarily in the form in which it would appear in connection with a challenge to a particular rate, or rates, and is therefore not intended to be binding in any specific rate litigation.
Notes:
2020 data has been restated using a revised return on equity (ROE) calculation consistent with the ROE methodology approved by the Commission in Opinion No. 586.
Totals may not sum due to rounding.
To reflect transfers between Carrier and Reimbursable Capital asset classifications.
Gray Oak Pipeline, LLC in section (A) column (a) line 1 is the owner of the pipeline reported.
Respondent’s properties are operated by Phillips 66 Pipeline LLC as agent (not lessee).
Dividend paid to members in Q4 2020 is $232,980,000. Dividend paid from Additional Paid-In Capital is $126,965,776 while $106,014,224 was paid from Retained Income.