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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
OPERATING ACTIVITIES    
Net income $ 3,549 $ 2,513
Reconciliation of net income to net cash provided by operating activities:    
Loss from discontinued operations 0 265
Depreciation, depletion and amortization 2,343 2,109
Deferred income taxes 191 1
Non-cash compensation expense 85 82
Impairment losses 62 0
Losses on extinguishments of debt (18) (106)
Equity in earnings of unconsolidated affiliates (224) (258)
Distributions from unconsolidated affiliates 254 220
Inventory valuation adjustments (71) (50)
Distributions on unvested awards (27) (36)
Other non-cash 33 (80)
Net change in operating assets and liabilities, net of effects of acquisitions (247) 423
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 5,966 5,295
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) (233)
Capital expenditures, excluding allowance for equity funds used during construction (4,181) (5,175)
Contributions in aid of construction costs 63 95
Contributions to unconsolidated affiliate 481 13
Distributions from unconsolidated affiliates in excess of cumulative earnings 40 62
Proceeds from the sale of other assets 55 40
Other 5 0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (4,423) (4,763)
FINANCING ACTIVITIES    
Proceeds from borrowings 18,125 22,126
Repayments of debt (17,247) (23,323)
Subsidiary repurchases of common units 0 (24)
Subsidiary units issued for cash 780 1,390
Distributions to partners (2,300) (886)
Debt issuance costs (114) (188)
Distributions to noncontrolling interests (1,270) (2,742)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock 0 12
Capital contributions from noncontrolling interest 278 438
Other, net (3) 13
Net cash used in financing activities (1,751) (3,208)
DISCONTINUED OPERATIONS    
Operating activities 0 (480)
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 2,738
Increase (decrease) in cash and cash equivalents (208) 62
Cash and cash equivalents, beginning of period 419 336
Cash and cash equivalents, end of period $ 211 $ 398