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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Operating Activities |  |  |  |
Net (loss) income |  | $ (232) | $ 570 | $ 581
Adjusted for the following items: |  |  |  |
Depreciation and amortization expense |  | 283 | 308 | 319
Mark-to-market on hedging items and other |  | 110 | 35 | 50
Remeasurement of exchangeable and class B shares |  | 511 | 0 | 0
Deferred income tax expense |  | 102 | 97 | 100
Changes in non-cash working capital, net |  | (44) | 73 | 15
Cash from operating activities |  | 730 | 1,083 | 1,065
Investing Activities |  |  |  |
Purchase of long-lived assets |  | (416) | (455) | (443)
Proceeds from sales of property, plant and equipment |  | 17 | 14 | 8
Cash used by investing activities |  | (399) | (441) | (435)
Financing Activities |  |  |  |
Distributions to Brookfield Infrastructure Partners L.P.(1) | [1] | (33) | (250) | (677)
Distributions to non-controlling interests |  | (436) | (525) | (563)
Capital provided to non-controlling interests |  | 0 | 0 | (877)
Proceeds from non-recourse borrowings |  | 551 | 316 | 1,986
Repayment of non-recourse borrowings |  | (380) | (55) | (437)
Repayment of intercompany borrowings |  | (19) | 0 | 0
Cash used by financing activities |  | (317) | (514) | (568)
Cash and cash equivalents |  |  |  |
Change during the year |  | 14 | 128 | 62
Impact of foreign exchange on cash |  | (26) | (23) | (41)
Balance, beginning of year |  | 204 | 99 | 78
Balance, end of year |  | $ 192 | $ 204 | $ 99
[1] | Represents distributions paid to the partnership prior to March 30, 2020. Please refer to Note 3(b), Basis of Presentation and Significant Accounting Policies, for further details. Subsequent to March 30, 2020, dividends paid on our exchangeable shares are presented as interest expense on the Consolidated Statements of Operating Results.

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