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Supplemental Cash Flow Information | 9 Months Ended
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Sep. 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):
| Nine Months Ended September 30,
| 2017 |  | 2016
Decrease (increase) in current assets: |  |  |
Receivables, net | $ | 74 |  |  | $ | (278 | )
Inventories | (285 | ) |  | 557 |
Prepaid expenses and other | 138 |  |  | 137 |
Increase (decrease) in current liabilities: |  |  |
Accounts payable | 227 |  |  | 494 |
Accrued expenses | 121 |  |  | 46 |
Taxes other than income taxes payable | 78 |  |  | 8 |
Income taxes payable | 191 |  |  | (11 | )
Changes in current assets and current liabilities | $ | 544 |  |  | $ | 953 |
Noncash investing and financing activities during the nine months ended September 30, 2017 included the recognition of (i) a capital lease asset and related obligation associated with an agreement for storage tanks near three of our refineries as described in Note 4 and (ii) terminal assets and related obligation recorded under owner accounting as described in Note 5. There were no significant noncash investing and financing activities during the nine months ended September 30, 2016. Cash flows reflected as “other financing activities, net” for the nine months ended September 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):
| Nine Months Ended September 30,
| 2017 |  | 2016
Interest paid in excess of amount capitalized | $ | 356 |  |  | $ | 312 |
Income taxes paid, net | 357 |  |  | 305 |

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- 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
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- References No definition available. + Details
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