XML 51 R8.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities:    
Net Income $ 272,004 $ 753,696
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation, Depletion and Amortization 374,619 363,338
Amortization of Deferred Financing Costs 6,057 6,640
Impairment of Other Intangible Assets 0 18,650
Stock-Based Compensation 36,557 15,861
Gain on Asset Sales and Abandonments (610) (148,942)
Gain on Previously Held Equity Interest 0 (623,663)
Loss on Debt Extinguishment 7,614 54,433
Gain on Commodity Derivative Instruments (240,118) (78,752)
Net Cash Received in Settlement of Commodity Derivative Instruments 26,331 2,518
Deferred Income Taxes 78,133 259,116
Equity in Earnings of Affiliates (1,703) (4,688)
Return on Equity Investment 3,256 0
Changes in Operating Assets:    
Accounts and Notes Receivable 154,715 50,125
Recoverable Income Taxes 138,406 (8,501)
Supplies Inventories 2,188 1,016
Prepaid Expenses 5,725 (337)
Changes in Operating Liabilities:    
Accounts Payable 55,280 2,532
Accrued Interest 2,359 5,812
Other Operating Liabilities (31,689) 30,418
Changes in Other Liabilities (23,041) (9,736)
Other 9 683
Net Cash Provided by Operating Activities 866,092 690,219
Cash Flows from Investing Activities:    
Capital Expenditures (964,502) (794,124)
CNX Gathering LLC Acquisition, Net of Cash Acquired 0 (299,272)
Proceeds from Asset Sales 15,276 500,811
Net Distributions from Equity Affiliates 0 7,750
Net Cash Used in Investing Activities (949,226) (584,835)
Cash Flows from Financing Activities:    
Payments on Miscellaneous Borrowings (5,322) (5,455)
Payments on Long-Term Notes (405,876) (935,419)
Net Proceeds from (Payments on) CNXM Revolving Credit Facility 162,000 (105,500)
Proceeds from CNX Revolving Credit Facility 1,200 439,000
Distributions to CNXM Noncontrolling Interest Holders (47,062) (40,839)
Proceeds from Issuance of Common Stock 210 1,689
Shares Withheld for Taxes (6,284) (5,335)
Purchases of Common Stock (117,477) (294,365)
Debt Repurchase and Financing Fees (9,969) (19,655)
Net Cash Provided by (Used in) Financing Activities 71,420 (571,879)
Net Decrease in Cash and Cash Equivalents (11,714) (466,495)
Cash and Cash Equivalents at Beginning of Period 17,198 509,167
Cash and Cash Equivalents at End of Period 5,484 42,672
CNX Senior Notes    
Cash Flows from Financing Activities:    
Proceeds from Issuance of Senior Notes 500,000 0
CNXM Senior Notes    
Cash Flows from Financing Activities:    
Proceeds from Issuance of Senior Notes $ 0 $ 394,000