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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
[1]
OPERATING ACTIVITIES    
Net income $ 1,122 $ 440
Reconciliation of net income to net cash provided by operating activities:    
Loss from discontinued operations 263 204
Depreciation, depletion and amortization 1,359 1,235
Deferred income taxes 71 59
Amortization included in interest expense 10 9
Non-cash compensation expense 55 47
Impairment losses 0 89
Losses on extinguishments of debt (106) (25)
Equity in earnings of unconsolidated affiliates (171) (136)
Distributions from unconsolidated affiliates 138 125
Inventory valuation adjustments (57) 42
Distributions on unvested awards (25) (18)
Other non-cash (66) (76)
Net change in operating assets and liabilities, net of effects of acquisitions and deconsolidation 357 (582)
Net cash provided by operating activities 3,162 1,463
INVESTING ACTIVITIES    
Cash received from Bakken Pipeline Transaction 0 2,000
Cash received in USAC acquisition (net of cash paid) 461 0
Cash paid for other acquisitions (net of cash received) (143) (569)
Capital expenditures (excluding allowance for equity funds used during construction) (3,539) (2,879)
Contributions in aid of construction costs 60 16
Contributions to unconsolidated affiliate 13 225
Distributions from unconsolidated affiliates in excess of cumulative earnings 31 94
Proceeds from the sale of other assets 6 25
Other 0 1
Net cash used in by investing activities (3,137) (1,537)
FINANCING ACTIVITIES    
Proceeds from borrowings 16,702 14,950
Repayments of long-term debt (18,039) (14,304)
Cash paid on affiliate notes 0 (255)
Subsidiary units repurchased (24) 0
Units issued for cash 0 568
Subsidiary units and warrants issued for cash 954 462
Distributions to partners (532) (501)
Debt issuance costs (173) (35)
Distributions to noncontrolling interests (1,793) (1,401)
Capital contributions from noncontrolling interest 318 456
Redemption of ETP Convertible Preferred Units 0 (53)
Other, net 5 32
Net cash used in financing activities (2,582) (81)
DISCONTINUED OPERATIONS    
Operating activities (478) 131
Investing activities 3,207 (62)
Changes in cash included in current assets held for sale 11 (2)
Net increase in cash and cash equivalents of discontinued operations 2,740 67
Increase (decrease) in cash and cash equivalents 183 (88)
Cash and cash equivalents, beginning of period 336 467
Cash and cash equivalents, end of period $ 519 $ 379
[1] As adjusted. See Note 1.