Fourth Quarter & Full Year 2019 Results (14/02/2020)
- Full year GAAP earnings of $5,322 million or $2.64 per common share compared with $2,515 million or $1.46 per common share for 2018
- Adjusted earnings of $5,341 million or $2.65 per common share in 2019 compared with $4,568 million or $2.65 per common share for 2018
- Adjusted earnings before interest, income tax and depreciation and amortization (EBITDA) of $13,271 million in 2019 compared with $12,849 million for 2018
- Cash Provided by Operating Activities of $9,398 million in 2019 compared with $10,502 million for 2018
- Distributable Cash Flow (DCF) of $9,224 million in 2019 compared with $7,618 million for 2018
- Achieved the top-end of full-year DCF per share guidance range of $4.30 to $4.60
- Reaffirmed 2020 DCF per share guidance range of $4.50 to $4.80, and longer term 5 to 7% DCF per share growth outlook, within an equity self-funding model