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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
[2]
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (488) $ 383 [1]
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 192 152 [1]
Intangible amortization - PPA 46 0
Change in value of derivative contracts 589 (51)
Deferred income taxes (35) 23
Equity in earnings of equity method investees, net of distributions received (27) (11)
Equity in losses (earnings) of non-economic ownership interests 10 (25) [1]
Gain on disposal of Canadian Holdings 0 (153) [1]
Other - net 28 (3)
Changes in operating assets and liabilities:    
Other current assets (34) (5)
Other non-current assets (2) 3
Other current liabilities (25) (48)
Other non-current liabilities (2) 4
Net cash provided by operating activities 252 269
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of membership interests in subsidiaries - net (1,028) 0
Capital expenditures (39) (10)
Proceeds from the sale of Canadian Holdings - net 0 517
Payments to related parties under CSCS agreement - net (459) (720)
Other 7 0
Net cash used in investing activities (1,519) (213)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common units - net 3 81
Issuances of long-term debt 1,650 0
Retirements of long-term debt (1,001) (74)
Debt issuance costs (18) 0
Partner contributions 2 32
Partner distributions (259) (205)
Preferred unit distributions (17) (15)
Proceeds from differential membership investors 66 56
Payments to differential membership investors (22) (16)
Payments to Class B noncontrolling interests investors (15) 0
Proceeds on sale of Class B noncontrolling interest - net 893 0
Change in amounts due to related parties 29 (1)
Net cash provided by (used in) financing activities 1,311 (142)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0 (2)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 44 (88)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - BEGINNING OF PERIOD 166 198
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF PERIOD 210 110
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Partner noncash distributions 3 17
Partner noncash contributions 11 0
Change in noncash investments in equity method investees - net 12 1
Accrued but not paid for capital and other expenditures 4 1
Accrued preferred distributions $ 4 $ 6
[1]
Prior-period financial information has been retrospectively adjusted to include the adoption of an accounting standards update related to leases.
[2]
Prior-period financial information has been retrospectively adjusted to include the adoption of an accounting standards update related to leases.