| Condensed Consolidating Financial Information |
Note 16—Condensed Consolidating Financial Information
Transocean Inc., a wholly owned subsidiary of Transocean Ltd., is the issuer of certain notes and debentures, which have been guaranteed by Transocean Ltd. Transocean Ltd.’s guarantee of debt securities of Transocean Inc. is full and unconditional. Transocean Ltd. is not subject to any significant restrictions on its ability to obtain funds by dividends, loans or return of capital distributions from its consolidated subsidiaries.
The following tables present condensed consolidating financial information for (a) Transocean Ltd. (the “Parent Guarantor”), (b) Transocean Inc. (the “Subsidiary Issuer”), and (c) the other direct and indirect wholly owned and partially owned subsidiaries of the Parent Guarantor, none of which guarantee any indebtedness of the Subsidiary Issuer (the “Other Subsidiaries”). The condensed consolidating financial information may not be indicative of the results of operations, financial position or cash flows had the subsidiaries operated as independent entities.
The following tables include the consolidating adjustments necessary to present the condensed financial statements on a consolidated basis (in millions):
|
|
|
Three months ended June 30, 2014 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
Operating revenues |
|
$ |
— |
|
$ |
— |
|
$ |
2,333 |
|
$ |
(5 |
) |
$ |
2,328 |
|
|
Cost and expenses |
|
9 |
|
1 |
|
1,559 |
|
(5 |
) |
1,564 |
|
|
Gain on disposal of assets, net |
|
— |
|
— |
|
1 |
|
— |
|
1 |
|
|
Operating income (loss) |
|
(9 |
) |
(1 |
) |
775 |
|
— |
|
765 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net |
|
|
|
|
|
|
|
|
|
|
|
|
Interest income (expense), net |
|
(16 |
) |
(417 |
) |
336 |
|
— |
|
(97 |
) |
|
Equity in earnings |
|
612 |
|
1,019 |
|
— |
|
(1,631 |
) |
— |
|
|
Other, net |
|
— |
|
— |
|
8 |
|
— |
|
8 |
|
|
|
|
596 |
|
602 |
|
344 |
|
(1,631 |
) |
(89 |
) |
|
Income from continuing operations before income tax expense |
|
587 |
|
601 |
|
1,119 |
|
(1,631 |
) |
676 |
|
|
Income tax expense |
|
— |
|
— |
|
72 |
|
— |
|
72 |
|
|
Income from continuing operations |
|
587 |
|
601 |
|
1,047 |
|
(1,631 |
) |
604 |
|
|
Loss from discontinued operations, net of tax |
|
— |
|
(1 |
) |
(6 |
) |
— |
|
(7 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income |
|
587 |
|
600 |
|
1,041 |
|
(1,631 |
) |
597 |
|
|
Net income attributable to noncontrolling interest |
|
— |
|
— |
|
10 |
|
— |
|
10 |
|
|
Net income attributable to controlling interest |
|
587 |
|
600 |
|
1,031 |
|
(1,631 |
) |
587 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before income taxes |
|
14 |
|
63 |
|
1 |
|
— |
|
78 |
|
|
Income taxes related to other comprehensive loss |
|
— |
|
— |
|
(3 |
) |
— |
|
(3 |
) |
|
Other comprehensive income (loss), net of income taxes |
|
14 |
|
63 |
|
(2 |
) |
— |
|
75 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income |
|
601 |
|
663 |
|
1,039 |
|
(1,631 |
) |
672 |
|
|
Total comprehensive income attributable to noncontrolling interest |
|
— |
|
— |
|
10 |
|
— |
|
10 |
|
|
Total comprehensive income attributable to controlling interest |
|
$ |
601 |
|
$ |
663 |
|
$ |
1,029 |
|
$ |
(1,631 |
) |
$ |
662 |
|
|
|
|
Three months ended June 30, 2013 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
Operating revenues |
|
$ |
— |
|
$ |
— |
|
$ |
2,370 |
|
$ |
(6 |
) |
$ |
2,364 |
|
|
Cost and expenses |
|
17 |
|
1 |
|
1,708 |
|
(6 |
) |
1,720 |
|
|
Loss on impairment |
|
— |
|
— |
|
(37 |
) |
— |
|
(37 |
) |
|
Loss on disposal of assets, net |
|
— |
|
— |
|
(2 |
) |
— |
|
(2 |
) |
|
Operating income (loss) |
|
(17 |
) |
(1 |
) |
623 |
|
— |
|
605 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net |
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net |
|
(3 |
) |
(129 |
) |
(3 |
) |
— |
|
(135 |
) |
|
Equity in earnings |
|
327 |
|
469 |
|
— |
|
(796 |
) |
— |
|
|
Other, net |
|
— |
|
(5 |
) |
(11 |
) |
— |
|
(16 |
) |
|
|
|
324 |
|
335 |
|
(14 |
) |
(796 |
) |
(151 |
) |
|
Income from continuing operations before income tax expense |
|
307 |
|
334 |
|
609 |
|
(796 |
) |
454 |
|
|
Income tax expense |
|
— |
|
— |
|
132 |
|
— |
|
132 |
|
|
Income from continuing operations |
|
307 |
|
334 |
|
477 |
|
(796 |
) |
322 |
|
|
Gain (loss) from discontinued operations, net of tax |
|
— |
|
(25 |
) |
14 |
|
— |
|
(11 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income |
|
307 |
|
309 |
|
491 |
|
(796 |
) |
311 |
|
|
Net income attributable to noncontrolling interest |
|
— |
|
— |
|
4 |
|
— |
|
4 |
|
|
Net income attributable to controlling interest |
|
307 |
|
309 |
|
487 |
|
(796 |
) |
307 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before income taxes |
|
— |
|
93 |
|
14 |
|
— |
|
107 |
|
|
Income taxes related to other comprehensive loss |
|
— |
|
— |
|
(1 |
) |
— |
|
(1 |
) |
|
Other comprehensive income, net of income taxes |
|
— |
|
93 |
|
13 |
|
— |
|
106 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income |
|
307 |
|
402 |
|
504 |
|
(796 |
) |
417 |
|
|
Total comprehensive income attributable to noncontrolling interest |
|
— |
|
— |
|
4 |
|
— |
|
4 |
|
|
Total comprehensive income attributable to controlling interest |
|
$ |
307 |
|
$ |
402 |
|
$ |
500 |
|
$ |
(796 |
) |
$ |
413 |
|
|
|
|
Six months ended June 30, 2014 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
Operating revenues |
|
$ |
— |
|
$ |
— |
|
$ |
4,676 |
|
$ |
(9 |
) |
$ |
4,667 |
|
|
Cost and expenses |
|
18 |
|
2 |
|
3,152 |
|
(9 |
) |
3,163 |
|
|
Loss on impairment |
|
— |
|
— |
|
(65 |
) |
— |
|
(65 |
) |
|
Loss on disposal of assets, net |
|
— |
|
— |
|
(2 |
) |
— |
|
(2 |
) |
|
Operating income (loss) |
|
(18 |
) |
(2 |
) |
1,457 |
|
— |
|
1,437 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net |
|
|
|
|
|
|
|
|
|
|
|
|
Interest income (expense), net |
|
(10 |
) |
(278 |
) |
75 |
|
— |
|
(213 |
) |
|
Equity in earnings |
|
1,071 |
|
1,306 |
|
— |
|
(2,377 |
) |
— |
|
|
Other, net |
|
— |
|
1 |
|
5 |
|
— |
|
6 |
|
|
|
|
1,061 |
|
1,029 |
|
80 |
|
(2,377 |
) |
(207 |
) |
|
Income from continuing operations before income tax expense |
|
1,043 |
|
1,027 |
|
1,537 |
|
(2,377 |
) |
1,230 |
|
|
Income tax expense |
|
— |
|
— |
|
152 |
|
— |
|
152 |
|
|
Income from continuing operations |
|
1,043 |
|
1,027 |
|
1,385 |
|
(2,377 |
) |
1,078 |
|
|
Gain (loss) from discontinued operations, net of tax |
|
— |
|
3 |
|
(18 |
) |
— |
|
(15 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income |
|
1,043 |
|
1,030 |
|
1,367 |
|
(2,377 |
) |
1,063 |
|
|
Net income attributable to noncontrolling interest |
|
— |
|
— |
|
20 |
|
— |
|
20 |
|
|
Net income attributable to controlling interest |
|
1,043 |
|
1,030 |
|
1,347 |
|
(2,377 |
) |
1,043 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income before income taxes |
|
12 |
|
57 |
|
8 |
|
— |
|
77 |
|
|
Income taxes related to other comprehensive loss |
|
— |
|
— |
|
(3 |
) |
— |
|
(3 |
) |
|
Other comprehensive income, net of income taxes |
|
12 |
|
57 |
|
5 |
|
— |
|
74 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income |
|
1,055 |
|
1,087 |
|
1,372 |
|
(2,377 |
) |
1,137 |
|
|
Total comprehensive income attributable to noncontrolling interest |
|
— |
|
— |
|
20 |
|
— |
|
20 |
|
|
Total comprehensive income attributable to controlling interest |
|
$ |
1,055 |
|
$ |
1,087 |
|
$ |
1,352 |
|
$ |
(2,377 |
) |
$ |
1,117 |
|
|
|
|
Six months ended June 30, 2013 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
Operating revenues |
|
$ |
— |
|
$ |
— |
|
$ |
4,559 |
|
$ |
(11 |
) |
$ |
4,548 |
|
|
Cost and expenses |
|
26 |
|
5 |
|
3,401 |
|
(11 |
) |
3,421 |
|
|
Loss on impairment |
|
— |
|
— |
|
(37 |
) |
— |
|
(37 |
) |
|
Loss on disposal of assets, net |
|
— |
|
— |
|
(9 |
) |
— |
|
(9 |
) |
|
Operating income (loss) |
|
(26 |
) |
(5 |
) |
1,112 |
|
— |
|
1,081 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense), net |
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net |
|
(6 |
) |
(266 |
) |
(3 |
) |
— |
|
(275 |
) |
|
Equity in earnings |
|
660 |
|
941 |
|
— |
|
(1,601 |
) |
— |
|
|
Other, net |
|
— |
|
5 |
|
(22 |
) |
— |
|
(17 |
) |
|
|
|
654 |
|
680 |
|
(25 |
) |
(1,601 |
) |
(292 |
) |
|
Income from continuing operations before income tax expense |
|
628 |
|
675 |
|
1,087 |
|
(1,601 |
) |
789 |
|
|
Income tax expense |
|
— |
|
— |
|
151 |
|
— |
|
151 |
|
|
Income from continuing operations |
|
628 |
|
675 |
|
936 |
|
(1,601 |
) |
638 |
|
|
Gain (loss) from discontinued operations, net of tax |
|
— |
|
(55 |
) |
41 |
|
— |
|
(14 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income |
|
628 |
|
620 |
|
977 |
|
(1,601 |
) |
624 |
|
|
Net loss attributable to noncontrolling interest |
|
— |
|
— |
|
(4 |
) |
— |
|
(4 |
) |
|
Net income attributable to controlling interest |
|
628 |
|
620 |
|
981 |
|
(1,601 |
) |
628 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) before income taxes |
|
(6 |
) |
72 |
|
22 |
|
— |
|
88 |
|
|
Income taxes related to other comprehensive loss |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
Other comprehensive income (loss), net of income taxes |
|
(6 |
) |
72 |
|
22 |
|
— |
|
88 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total comprehensive income |
|
622 |
|
692 |
|
999 |
|
(1,601 |
) |
712 |
|
|
Total comprehensive loss attributable to noncontrolling interest |
|
— |
|
— |
|
(3 |
) |
— |
|
(3 |
) |
|
Total comprehensive income attributable to controlling interest |
|
$ |
622 |
|
$ |
692 |
|
$ |
1,002 |
|
$ |
(1,601 |
) |
$ |
715 |
|
|
|
|
June 30, 2014 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
4 |
|
$ |
793 |
|
$ |
1,320 |
|
$ |
— |
|
$ |
2,117 |
|
|
Other current assets |
|
11 |
|
1,315 |
|
4,722 |
|
(2,405 |
) |
3,643 |
|
|
Total current assets |
|
15 |
|
2,108 |
|
6,042 |
|
(2,405 |
) |
5,760 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property and equipment, net |
|
— |
|
— |
|
22,381 |
|
— |
|
22,381 |
|
|
Goodwill |
|
— |
|
— |
|
2,987 |
|
— |
|
2,987 |
|
|
Investment in affiliates |
|
17,605 |
|
32,620 |
|
— |
|
(50,225 |
) |
— |
|
|
Other assets |
|
— |
|
1,784 |
|
20,151 |
|
(20,996 |
) |
939 |
|
|
Total assets |
|
17,620 |
|
36,512 |
|
51,561 |
|
(73,626 |
) |
32,067 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities and equity |
|
|
|
|
|
|
|
|
|
|
|
|
Debt due within one year |
|
— |
|
— |
|
159 |
|
— |
|
159 |
|
|
Other current liabilities |
|
833 |
|
635 |
|
4,175 |
|
(2,405 |
) |
3,238 |
|
|
Total current liabilities |
|
833 |
|
635 |
|
4,334 |
|
(2,405 |
) |
3,397 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt |
|
— |
|
19,181 |
|
12,113 |
|
(20,996 |
) |
10,298 |
|
|
Other long-term liabilities |
|
23 |
|
151 |
|
1,419 |
|
— |
|
1,593 |
|
|
Total long-term liabilities |
|
23 |
|
19,332 |
|
13,532 |
|
(20,996 |
) |
11,891 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commitments and contingencies |
|
|
|
|
|
|
|
|
|
|
|
|
Redeemable noncontrolling interest |
|
— |
|
— |
|
4 |
|
— |
|
4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total equity |
|
16,764 |
|
16,545 |
|
33,691 |
|
(50,225 |
) |
16,775 |
|
|
Total liabilities and equity |
|
$ |
17,620 |
|
$ |
36,512 |
|
$ |
51,561 |
|
$ |
(73,626 |
) |
$ |
32,067 |
|
|
|
|
December 31, 2013 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
4 |
|
$ |
1,617 |
|
$ |
1,622 |
|
$ |
— |
|
$ |
3,243 |
|
|
Other current assets |
|
22 |
|
1,302 |
|
4,607 |
|
(2,402 |
) |
3,529 |
|
|
Total current assets |
|
26 |
|
2,919 |
|
6,229 |
|
(2,402 |
) |
6,772 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property and equipment, net |
|
— |
|
— |
|
21,707 |
|
— |
|
21,707 |
|
|
Goodwill |
|
— |
|
— |
|
2,987 |
|
— |
|
2,987 |
|
|
Investment in affiliates |
|
16,914 |
|
31,308 |
|
— |
|
(48,222 |
) |
— |
|
|
Other assets |
|
— |
|
1,190 |
|
19,954 |
|
(20,064 |
) |
1,080 |
|
|
Total assets |
|
16,940 |
|
35,417 |
|
50,877 |
|
(70,688 |
) |
32,546 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities and equity |
|
|
|
|
|
|
|
|
|
|
|
|
Debt due within one year |
|
— |
|
— |
|
323 |
|
— |
|
323 |
|
|
Other current liabilities |
|
214 |
|
526 |
|
4,893 |
|
(2,402 |
) |
3,231 |
|
|
Total current liabilities |
|
214 |
|
526 |
|
5,216 |
|
(2,402 |
) |
3,554 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt |
|
— |
|
18,759 |
|
11,684 |
|
(20,064 |
) |
10,379 |
|
|
Other long-term liabilities |
|
35 |
|
232 |
|
1,661 |
|
— |
|
1,928 |
|
|
Total long-term liabilities |
|
35 |
|
18,991 |
|
13,345 |
|
(20,064 |
) |
12,307 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commitments and contingencies |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total equity |
|
16,691 |
|
15,900 |
|
32,316 |
|
(48,222 |
) |
16,685 |
|
|
Total liabilities and equity |
|
$ |
16,940 |
|
$ |
35,417 |
|
$ |
50,877 |
|
$ |
(70,688 |
) |
$ |
32,546 |
|
|
|
|
Six months ended June 30, 2014 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
$ |
261 |
|
$ |
(546 |
) |
$ |
1,057 |
|
$ |
— |
|
$ |
772 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures |
|
— |
|
— |
|
(1,482 |
) |
— |
|
(1,482 |
) |
|
Proceeds from disposal of assets, net |
|
— |
|
— |
|
101 |
|
— |
|
101 |
|
|
Proceeds from disposal of assets in discontinued operations, net |
|
— |
|
— |
|
36 |
|
— |
|
36 |
|
|
Proceeds from repayment of notes receivable |
|
— |
|
— |
|
101 |
|
— |
|
101 |
|
|
Investing activities with affiliates, net |
|
— |
|
(151 |
) |
132 |
|
19 |
|
— |
|
|
Other, net |
|
— |
|
— |
|
(15 |
) |
— |
|
(15 |
) |
|
Net cash provided by (used in) investing activities |
|
— |
|
(151 |
) |
(1,127 |
) |
19 |
|
(1,259 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of debt |
|
— |
|
— |
|
(243 |
) |
— |
|
(243 |
) |
|
Proceeds from restricted cash investments |
|
— |
|
— |
|
107 |
|
— |
|
107 |
|
|
Deposits to restricted cash investments |
|
— |
|
— |
|
(20 |
) |
— |
|
(20 |
) |
|
Distribution of qualifying additional paid-in capital |
|
(474 |
) |
— |
|
— |
|
— |
|
(474 |
) |
|
Financing activities with affiliates, net |
|
217 |
|
(122 |
) |
(76 |
) |
(19 |
) |
— |
|
|
Other, net |
|
(4 |
) |
(5 |
) |
— |
|
— |
|
(9 |
) |
|
Net cash used in financing activities |
|
(261 |
) |
(127 |
) |
(232 |
) |
(19 |
) |
(639 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net decrease in cash and cash equivalents |
|
— |
|
(824 |
) |
(302 |
) |
— |
|
(1,126 |
) |
|
Cash and cash equivalents at beginning of period |
|
4 |
|
1,617 |
|
1,622 |
|
— |
|
3,243 |
|
|
Cash and cash equivalents at end of period |
|
$ |
4 |
|
$ |
793 |
|
$ |
1,320 |
|
$ |
— |
|
$ |
2,117 |
|
|
|
|
Six months ended June 30, 2013 |
|
|
|
|
Parent
Guarantor |
|
Subsidiary
Issuer |
|
Other
Subsidiaries |
|
Consolidating
adjustments |
|
Consolidated |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
$ |
(26 |
) |
$ |
(340 |
) |
$ |
888 |
|
$ |
— |
|
$ |
522 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
Capital expenditures |
|
— |
|
— |
|
(840 |
) |
— |
|
(840 |
) |
|
Proceeds from disposal of assets, net |
|
— |
|
— |
|
4 |
|
— |
|
4 |
|
|
Proceeds from disposal of discontinued operations, net |
|
— |
|
— |
|
63 |
|
— |
|
63 |
|
|
Proceeds from sale of preference shares |
|
— |
|
185 |
|
— |
|
— |
|
185 |
|
|
Proceeds from repayment of notes receivable |
|
— |
|
— |
|
11 |
|
— |
|
11 |
|
|
Investing activities with affiliates, net |
|
— |
|
(700 |
) |
(204 |
) |
904 |
|
— |
|
|
Other, net |
|
— |
|
— |
|
1 |
|
— |
|
1 |
|
|
Net cash used in investing activities |
|
— |
|
(515 |
) |
(965 |
) |
904 |
|
(576 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash flows from financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of debt |
|
— |
|
(562 |
) |
(1,034 |
) |
— |
|
(1,596 |
) |
|
Proceeds from restricted cash investments |
|
— |
|
— |
|
206 |
|
— |
|
206 |
|
|
Deposits to restricted cash investments |
|
— |
|
— |
|
(104 |
) |
— |
|
(104 |
) |
|
Distribution of qualifying additional paid-in capital |
|
(202 |
) |
— |
|
— |
|
— |
|
(202 |
) |
|
Financing activities with affiliates, net |
|
207 |
|
(33 |
) |
730 |
|
(904 |
) |
— |
|
|
Other, net |
|
(2 |
) |
(13 |
) |
(12 |
) |
— |
|
(27 |
) |
|
Net cash provided by (used in) financing activities |
|
3 |
|
(608 |
) |
(214 |
) |
(904 |
) |
(1,723 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net decrease in cash and cash equivalents |
|
(23 |
) |
(1,463 |
) |
(291 |
) |
— |
|
(1,777 |
) |
|
Cash and cash equivalents at beginning of period |
|
24 |
|
3,155 |
|
1,955 |
|
— |
|
5,134 |
|
|
Cash and cash equivalents at end of period |
|
$ |
1 |
|
$ |
1,692 |
|
$ |
1,664 |
|
$ |
— |
|
$ |
3,357 |
|