v3.3.0.814
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income $ 139.1 $ 141.7
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 38.1 37.5
Asset retirement expenditures (0.7) (1.0)
Net loss on disposal of assets (0.2) 0.0
Changes in:    
Current receivables (1.6) 3.3
Materials and supplies inventories (0.1) 0.7
Current accounts payable and accrued liabilities 12.7 0.9
Receivables from / liabilities to related parties (4.6) 7.2
All other, net 1.8 0.0
Net cash provided by operating activities 184.9 190.3
Investing activities:    
Additions to property, plant and equipment (121.1) (47.1)
Disposal of assets 0.4 0.0
All other, net 1.6 4.0
Net cash used in investing activities (119.1) (43.1)
Financing activities:    
Long-term debt - borrowings 528.2 270.0
Long-term debt - repayments (415.7) (15.6)
Debt issuance costs 4.4 0.0
Net proceeds from equity offerings 1.3 0.0
Quarterly distributions to unitholders and general partner (111.6) (75.2)
Quarterly distributions to noncontrolling interest retained by MPC (0.5) (38.3)
Distributions related to purchase of additional interest in Pipe Line Holdings 0.0 (310.0)
Net cash used in financing activities (2.7) (169.1)
Net increase (decrease) in cash and cash equivalents 63.1 (21.9)
Cash and cash equivalents at beginning of period 27.3 54.1
Cash and cash equivalents at end of period $ 90.4 $ 32.2