XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Supplemental Cash Flow Information | 6 Months Ended
--- | ---
Jun. 30, 2017
Supplemental Cash Flow Information [Abstract] |
SUPPLEMENTAL CASH FLOW INFORMATION |
11. | SUPPLEMENTAL CASH FLOW INFORMATION
In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in millions):
| Six Months Ended June 30,
| 2017 |  | 2016
Decrease (increase) in current assets: |  |  |
Receivables, net | $ | 1,396 |  |  | $ | (467 | )
Inventories | 123 |  |  | 422 |
Income taxes receivable | 45 |  |  | 169 |
Prepaid expenses and other | 41 |  |  | 14 |
Increase (decrease) in current liabilities: |  |  |
Accounts payable | (942 | ) |  | 1,090 |
Accrued expenses | 262 |  |  | (113 | )
Taxes other than income taxes | (41 | ) |  | 7 |
Income taxes payable | (25 | ) |  | 8 |
Changes in current assets and current liabilities | $ | 859 |  |  | $ | 1,130 |
Noncash investing and financing activities during the six months ended June 30, 2017 included the recognition of a capital lease asset and related obligation associated with an agreement for storage tanks near three of our refineries. This noncash transaction is further described in Note 4. There were no significant noncash investing or financing activities during the six months ended June 30, 2016. Cash flows reflected as “other financing activities, net” for the six months ended June 30, 2016 included the payment of a long-term liability of $137 million owed to a joint venture partner associated with an owner-method joint venture investment. Cash flows related to interest and income taxes were as follows (in millions):
| Six Months Ended June 30,
| 2017 |  | 2016
Interest paid in excess of amount capitalized | $ | 235 |  |  | $ | 213 |
Income taxes paid, net | 263 |  |  | 137 |

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://www.xbrl.org/2003/role/presentationRef -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: | nonnum: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