XML 20 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income $ 771.0 $ 670.2
Reconciliation of net income to net cash flows provided by operating activities:    
Depreciation, amortization and accretion 402.3 382.1
Asset impairment and related charges 11.2 1.7
Equity in income of unconsolidated affiliates (94.8) (101.1)
Distributions received on earnings from unconsolidated affiliates 90.5 106.7
Net losses (gains) attributable to asset sales (0.3) 4.9
Deferred income tax expense 0.1 4.1
Change in fair market value of derivative instruments (20.3) 20.1
Change in fair market value of Liquidity Option Agreement 5.5 (2.2)
Net effect of changes in operating accounts (288.8) (186.4)
Other operating activities (0.8) (0.4)
Net cash flows provided by operating activities 875.6 899.7
Investing activities:    
Capital expenditures (446.0) (1,007.2)
Contributions in aid of construction costs 15.6 12.2
Decrease (increase) in restricted cash 309.8 (121.0)
Cash used for pending business combination (16.0) 0.0
Investments in unconsolidated affiliates (13.7) (70.4)
Distributions received for return of capital from unconsolidated affiliates 12.0 9.1
Proceeds from asset sales 2.0 13.4
Other investing activities 2.1 0.0
Cash used in investing activities (134.2) (1,163.9)
Financing activities:    
Borrowings under debt agreements 17,575.1 20,000.6
Repayments of debt (17,856.5) (19,797.4)
Cash distributions paid to limited partners (869.0) (788.3)
Cash payments made in connection with distribution equivalent rights (3.2) (2.0)
Cash distributions paid to noncontrolling interests (10.1) (8.7)
Cash contributions from noncontrolling interests 0.2 11.1
Net cash proceeds from the issuance of common units 448.8 1,011.5
Other financing activities (27.4) (21.0)
Cash provided by (used in) financing activities (742.1) 405.8
Net change in cash and cash equivalents (0.7) 141.6
Cash and cash equivalents, beginning balance 63.1 19.0
Cash and cash equivalents, ending balance $ 62.4 $ 160.6