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Supplemental Cash Flow Information | 9 Months Ended
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Sep. 30, 2025
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,
| 2025 |  | 2024
Decrease in current assets: |  |  |
Receivables, net | $ | 619 |  |  | $ | 1,382 |
Inventories | 529 |  |  | 574 |
Prepaid expenses and other | 51 |  |  | 265 |
Increase (decrease) in current liabilities: |  |  |
Accounts payable | (1,438) |  |  | (1,081) |
Accrued expenses | 264 |  |  | (93) |
Taxes other than income taxes payable | 13 |  |  | (114) |
Income taxes payable | 119 |  |  | (138) |
Changes in current assets and current liabilities | $ | 157 |  |  | $ | 795 |
Changes in current assets and current liabilities for the nine months ended September 30, 2025 were primarily due to the following: •The decrease in receivables was due to a decrease in refined petroleum product sales volumes in September 2025 compared to December 2024 and the collection of $246 million for a blender’s tax credit receivable, partially offset by an increase in related prices in September 2025 compared to December 2024; •The decrease in inventories was primarily due to lower inventory levels in September 2025 compared to December 2024; and •The decrease in accounts payable was due to a decrease in crude oil and other feedstock prices combined with a decrease in related volumes purchased in September 2025 compared to December 2024. Changes in current assets and current liabilities for the nine months ended September 30, 2024 were primarily due to the following: •The decrease in receivables was due to a decrease in refined petroleum product sales volumes combined with a decrease in related prices in September 2024 compared to December 2023; •The decrease in inventories was primarily due to lower inventory levels in September 2024 compared to December 2023; and •The decrease in accounts payable was due to a decrease in crude oil and other feedstock prices combined with a decrease in related volumes purchased in September 2024 compared to December 2023. Cash flows related to interest and income taxes were as follows (in millions):
| Nine Months Ended September 30,
| 2025 |  | 2024
Interest paid in excess of amount capitalized, including interest on finance leases | $ | 362 |  |  | $ | 374 |
Income taxes paid, net | 398 |  |  | 835 |
Supplemental cash flow information related to our operating and finance leases was as follows (in millions):
| Nine Months Ended September 30,
| 2025 |  | 2024
| Operating Leases |  | Finance Leases |  | Operating Leases |  | Finance Leases
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |
Operating cash flows | $ | 394 |  |  | $ | 84 |  |  | $ | 392 |  |  | $ | 87 |
Financing cash flows | — |  |  | 196 |  |  | — |  |  | 173 |
Changes in lease balances resulting from new and modified leases | 357 |  |  | 22 |  |  | 346 |  |  | 312 |
Noncash investing activities for the nine months ended September 30, 2025 included the recognition of expected asset retirement obligations of $337 million, as described in Note 2. There were no other significant noncash investing and financing activities during the nine months ended September 30, 2025, except as noted in the table above. Noncash financing activities for the nine months ended September 30, 2024 included the conversion by IEnova of $457 million of outstanding borrowings under the IEnova Revolver to additional equity in Central Mexico Terminals. There were no other significant noncash investing and financing activities during the nine months ended September 30, 2024, except as noted in the table above.

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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://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/230/tableOfContent + Details
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