|
|
Years ended December 31, |
|
|
|
2014 |
|
|
2015 |
|
|
2016 |
|
|
|
(In millions) |
|
|
Distributions from LPC |
$ |
48.0 |
|
|
$ |
48.2 |
|
|
$ |
35.0 |
|
|
Contributions to LPC |
|
(37.4 |
) |
|
|
(41.7 |
) |
|
|
(31.4 |
) |
|
Net distributions |
$ |
10.6 |
|
|
$ |
6.5 |
|
|
$ |
3.6 |
|
Summary balance sheets of LPC are shown below:
|
|
December 31, |
|
|
|
2015 |
|
|
2016 |
|
|
|
(In millions) |
|
|
ASSETS |
|
|
|
|
|
|
|
|
Current assets |
$ |
96.2 |
|
|
$ |
94.5 |
|
|
Property and equipment, net |
|
110.1 |
|
|
|
111.6 |
|
|
Total assets |
$ |
206.3 |
|
|
$ |
206.1 |
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES AND PARTNERS' EQUITY |
|
|
|
|
|
|
|
|
Other liabilities, primarily current |
$ |
37.8 |
|
|
$ |
45.2 |
|
|
Partners' equity |
|
168.5 |
|
|
|
160.9 |
|
|
Total liabilities and partners' equity |
$ |
206.3 |
|
|
$ |
206.1 |
|
Summary income statements of LPC are shown below:
|
|
Years ended December 31, |
|
|
|
2014 |
|
|
2015 |
|
|
2016 |
|
|
|
(In millions) |
|
|
Revenues and other income: |
|
|
|
|
|
|
|
|
|
|
|
|
Kronos |
$ |
193.1 |
|
|
$ |
176.5 |
|
|
$ |
157.9 |
|
|
HPA |
|
193.8 |
|
|
|
162.5 |
|
|
|
157.5 |
|
|
Total revenues and other income |
|
386.9 |
|
|
|
339.0 |
|
|
|
315.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost and expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
Cost of sales |
|
386.4 |
|
|
|
338.5 |
|
|
|
314.9 |
|
|
General and administrative |
|
.5 |
|
|
|
.5 |
|
|
|
.5 |
|
|
Total costs and expenses |
|
386.9 |
|
|
|
339.0 |
|
|
|
315.4 |
|
|
Net income |
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|