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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES:    
Net income $ 2,680 $ 3,109
Reconciliation of net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 2,120 2,074
Deferred income taxes 134 107
Inventory valuation adjustments 28 (121)
Non-cash compensation expense 64 61
Impairment losses 11 300
Distributions on unvested awards (33) (27)
Equity in earnings of unconsolidated affiliates (183) (118)
Distributions from unconsolidated affiliates 182 108
Other non-cash (4) (38)
Net change in operating assets and liabilities, net of effects of acquisitions 887 (731)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 5,886 4,724
INVESTING ACTIVITIES:    
Cash paid for acquisitions (111) (589)
Capital expenditures, excluding allowance for equity funds used during construction (1,729) (1,458)
Contributions in aid of construction costs 30 35
Payments for Advance to Affiliate (1) 0
Distributions from unconsolidated affiliates in excess of cumulative earnings 27 46
Proceeds from Sale of Other Assets, Investing Activities 23 12
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (2,691) (1,954)
FINANCING ACTIVITIES:    
Proceeds from borrowings 15,412 11,798
Repayments of debt (15,549) (12,819)
Capital contributions from noncontrolling interest 3 397
Distributions to partners (2,095) (1,343)
Distributions to noncontrolling interests (862) (753)
Preferred Units, Cumulative Cash Distributions (24) (24)
Payments of Debt Issuance Costs (7) (9)
Net cash used in financing activities (3,122) (2,753)
Increase in cash and cash equivalents 73 17
Cash and cash equivalents, beginning of period 257 336
Cash and cash equivalents, end of period 330 353
Lotus Midstream LLC    
INVESTING ACTIVITIES:    
Cash paid for acquisitions $ (930) $ 0