XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES:    
Net income (loss) $ 4,549 $ (292)
Reconciliation of net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,894 1,803
Deferred income taxes 133 125
Inventory valuation adjustments (159) 137
Non-cash compensation expense 55 63
Impairment losses 11 1,329
Losses on extinguishments of debt (8) (62)
Distributions on unvested awards (13) (21)
Equity in earnings of unconsolidated affiliates (120) (78)
Distributions from unconsolidated affiliates 100 125
Other non-cash 41 (53)
Net change in operating assets and liabilities, net of effects of acquisitions 661 (41)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 7,160 3,159
INVESTING ACTIVITIES:    
Capital expenditures, excluding allowance for equity funds used during construction (1,429) (2,892)
Contributions in aid of construction costs 16 47
Contributions to unconsolidated affiliate 4 16
Distributions from unconsolidated affiliates in excess of cumulative earnings 64 97
Proceeds from sales of other assets 24 6
Other 0 5
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (1,329) (2,763)
FINANCING ACTIVITIES:    
Proceeds from borrowings 8,245 16,975
Repayments of debt (13,425) (16,769)
Proceeds from Issuance of Preferred Limited Partners Units 889 0
Subsidiary equity offerings, net of issue costs 0 1,580
Capital contributions from noncontrolling interest 63 178
Distributions to partners (898) (1,584)
Distributions to noncontrolling interests (760) (852)
Preferred Units, Cumulative Cash Distributions (24) (24)
Debt issuance costs (3) (50)
Other, net (3) 14
Net cash used in financing activities (5,916) (532)
Decrease in cash and cash equivalents (85) (136)
Cash and cash equivalents, beginning of period 367 291
Cash and cash equivalents, end of period $ 282 $ 155