v3.4.0.3
Condensed Statements of Combined Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows from (used in) Operating Activities    
Net earnings $ 92 $ 70
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation and amortization expenses 44 44
Other non-cash operating activities 14 2
Changes in current assets and current liabilities 14 15
Changes in non-current assets and liabilities (3) 17
Net cash from operating activities 161 148
Cash Flows from (used in) Investing Activities    
Capital expenditures (54) (84)
Other investing (4) 0
Net cash used in investing activities (58) (84)
Cash Flows from (used in) Financing Activities    
Proceeds from issuance of units, net of issuance costs 5 24
Quarterly distributions to unitholders (73) (54)
Quarterly distributions to general partner (25) (16)
Distributions to noncontrolling interest 0 (9)
Borrowings under revolving credit agreement 297 99
Repayments under revolving credit agreement (67) (124)
Repayments of Long-term Debt 250 0
Payments of Financing Costs (8) 0
Proceeds from Partnership Contribution 0 6
Capital contributions by affiliate 6 7
Net cash used in financing activities (115) (67)
Decrease in Cash and Cash Equivalents (12) (3)
Cash and Cash Equivalents, Beginning of Period 16 19
Cash and Cash Equivalents, End of Period $ 4 $ 16