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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net income $ 2,388 $ 1,122
Reconciliation of net income to net cash provided by operating activities:    
Loss from discontinued operations 0 263
Depreciation, depletion and amortization 1,559 1,359
Deferred income taxes 138 71
Non-cash compensation expense 58 55
Impairment losses 50 0
Losses on extinguishments of debt (18) (106)
Equity in earnings of unconsolidated affiliates (142) (171)
Distributions from unconsolidated affiliates 170 138
Inventory valuation adjustments (97) (57)
Distributions on unvested awards (18) (25)
Other non-cash 44 (56)
Net change in operating assets and liabilities, net of effects of acquisitions (274) 357
Net cash provided by operating activities 3,894 3,162
INVESTING ACTIVITIES    
Proceeds from Divestiture of Businesses and Interests in Affiliates 93 0
Cash proceeds from USAC acquisition, net of cash received 0 461
Cash paid for all other acquisitions, net of cash received (7) (143)
Capital expenditures, excluding allowance for equity funds used during construction (2,818) (3,539)
Contributions in aid of construction costs 41 60
Contributions to unconsolidated affiliate 254 13
Distributions from unconsolidated affiliates in excess of cumulative earnings 21 31
Proceeds from the sale of other assets 22 6
Other 40 0
Net cash used in investing activities (2,942) (3,137)
FINANCING ACTIVITIES    
Proceeds from borrowings 16,463 16,702
Repayments of debt (15,925) (18,039)
Subsidiary repurchases of common units 0 (24)
Subsidiary units issued for cash 780 940
Distributions to partners (1,549) (532)
Debt issuance costs (87) (173)
Distributions to noncontrolling interests (813) (1,793)
Capital contributions from noncontrolling interest 206 318
Other, net (1) 19
Net cash used in financing activities (926) (2,582)
DISCONTINUED OPERATIONS    
Operating activities 0 (478)
Investing activities 0 3,207
Changes in cash included in current assets held for sale 0 11
Net increase in cash and cash equivalents of discontinued operations 0 2,740
Increase in cash and cash equivalents 26 183
Cash and cash equivalents, beginning of period 419 336
Cash and cash equivalents, end of period $ 445 $ 519