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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 2,216 $ 858 $ 730
Reconciliation of net income to net cash provided by operating activities:      
Depreciation and amortization 520 517 514
(Gains)/losses on asset sales and asset impairments, net (114) 109 (20)
Equity-indexed compensation expense 79 41 60
Inventory valuation adjustments (Note 5) 8 35 3
Deferred income tax expense/(benefit) 132 16 (60)
Settlement of terminated interest rate hedging instruments 14 (29) (29)
Change in fair value of Preferred Distribution Rate Reset Option (Note 13) 14 (13) (30)
Equity earnings in unconsolidated entities (375) (290) (195)
Distributions on earnings from unconsolidated entities 422 304 216
Gain on sale of investment in unconsolidated entities (200) 0 0
Other 25 10 23
Changes in assets and liabilities, net of acquisitions:      
Trade accounts receivable and other 309 (511) (524)
Inventory (75) 605 (463)
Trade accounts payable and other current liabilities (367) 847 508
Net cash provided by operating activities 2,608 2,499 733
CASH FLOWS FROM INVESTING ACTIVITIES      
Cash paid in connection with acquisitions, net of cash acquired (Note 7)   (1,280) (282)
Investments in unconsolidated entities (Note 9) (468) (416) (301)
Additions to property, equipment and other (1,634) (1,024) (1,334)
Proceeds from sales of assets (Note 7) 1,334 1,083 654
Return of investment from unconsolidated entities (Note 9) 10 21  
Cash received from sales of linefill and base gas   49  
Cash paid for purchases of linefill and base gas (45) (2) (7)
Other investing activities (10) (1) (3)
Net cash used in investing activities (813) (1,570) (1,273)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net repayments under commercial paper program (Note 11) (123) (690) (564)
Net borrowings/(repayments) under senior secured hedged inventory facility (Note 11) (778) 36 447
Repayment under AAP senior secured revolving credit facility (Note 11)   0 (92)
Repayment of AAP term loan (Note 11)   0 (550)
Proceeds from GO Zone term loans (Note 11) 200 0  
Proceeds from the issuance of senior notes (Note 11)   0 748
Repayments of senior notes (Note 11)   (1,350) (175)
Net proceeds from the sale of Series A preferred units (Note 12)     1,569
Net proceeds from the sale of Series B preferred units (Note 12)   788  
Net proceeds from the sale of common units (Note 12)   1,664 796
Contributions from general partner   0 42
Distributions paid to general partner (Note 12)   0 (565)
Other financing activities (24) 0 (38)
Net cash provided by/(used in) financing activities (1,757) (943) 556
Effect of translation adjustment on cash (9) 4 4
Net increase/(decrease) in cash and cash equivalents 29 (10) 20
Cash and cash equivalents, beginning of period 37 47 27
Cash and cash equivalents, end of period 66 37 47
Cash paid for:      
Interest, net of amounts capitalized 400 486 450
Income taxes, net of amounts refunded 21 50 98
Series A Preferred Units      
CASH FLOWS FROM FINANCING ACTIVITIES      
Distributions paid to unitholders (Note 12) (112) 0  
Series B Preferred Units      
CASH FLOWS FROM FINANCING ACTIVITIES      
Distributions paid to unitholders (Note 12) (49) (5)  
Common Units      
CASH FLOWS FROM FINANCING ACTIVITIES      
Distributions paid to unitholders (Note 12) $ (871) $ (1,386) $ (1,062)