XML 22 R9.htm IDEA: XBRL DOCUMENT v3.22.1

Cash And Cash Equivalents

3 Months Ended

Mar. 31, 2022

Supplemental Cash Flow Information [Abstract]

Cash And Cash Equivalents

Cash and cash equivalents include all cash on hand, demand deposits, and investments with original maturities of three months or less. We consider cash equivalents to include short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. The Partnership’s consolidated balance sheets did not include any material amounts of restricted cash as of March 31, 2022 or December 31, 2021.

We place our cash deposits and temporary cash investments with high credit quality financial institutions. At times, our cash and cash equivalents may be uninsured or in deposit accounts that exceed the Federal Deposit Insurance Corporation insurance limit.

The net change in operating assets and liabilities, net of effects of acquisitions, included in cash flows from operating activities is comprised as follows:

			Three Months Ended March 31,
			2022						2021
Accounts receivable			$	(2,412)					$	(1,413)
Accounts receivable from related companies			(17)						(11)
Inventories			153						30
Other current assets			(119)						(12)
Other non-current assets, net			45						(31)
Accounts payable			1,885						1,958
Accounts payable to related companies			7						(7)
Accrued and other current liabilities			230						194
Other non-current liabilities			61						51
Derivative assets and liabilities, net			(153)						(226)
Net change in operating assets and liabilities, net of effects of acquisitions			$	(320)					$	533

Non-cash activities were as follows:

			Three Months Ended March 31,
			2022						2021
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accrued capital expenditures			$	475					$	559
Lease assets obtained in exchange for new lease liabilities			56						14
Distribution reinvestment			12						6

Cash and Cash Equivalents Disclosure

CASH AND CASH EQUIVALENTS

Cash and cash equivalents include all cash on hand, demand deposits, and investments with original maturities of three months or less. We consider cash equivalents to include short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. The Partnership’s consolidated balance sheets did not include any material amounts of restricted cash as of March 31, 2022 or December 31, 2021.

We place our cash deposits and temporary cash investments with high credit quality financial institutions. At times, our cash and cash equivalents may be uninsured or in deposit accounts that exceed the Federal Deposit Insurance Corporation insurance limit.

The net change in operating assets and liabilities, net of effects of acquisitions, included in cash flows from operating activities is comprised as follows:

			Three Months Ended March 31,
			2022						2021
Accounts receivable			$	(2,412)					$	(1,413)
Accounts receivable from related companies			(17)						(11)
Inventories			153						30
Other current assets			(119)						(12)
Other non-current assets, net			45						(31)
Accounts payable			1,885						1,958
Accounts payable to related companies			7						(7)
Accrued and other current liabilities			230						194
Other non-current liabilities			61						51
Derivative assets and liabilities, net			(153)						(226)
Net change in operating assets and liabilities, net of effects of acquisitions			$	(320)					$	533

Non-cash activities were as follows:

			Three Months Ended March 31,
			2022						2021
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accrued capital expenditures			$	475					$	559
Lease assets obtained in exchange for new lease liabilities			56						14
Distribution reinvestment			12						6

X

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_CashAndCashEquivalentsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-URI http://asc.fasb.org/topic&trid=2134446

+ Details

Name:	us-gaap_CashFlowSupplementalDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SupplementalCashFlowInformationAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration