v3.5.0.2
Condensed Statements of Combined Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From (Used In) Operating Activities:    
Net earnings [1],[2] $ 259 $ 206
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation and amortization expenses [2] 134 133
Other non-cash operating activities [2] 27 12
Changes in current assets and current liabilities [2] 9 (1)
Changes in noncurrent assets and noncurrent liabilities [2] (4) (2)
Net cash from operating activities [2] 425 348
Cash Flows Used In Investing Activities:    
Capital expenditures [2] (132) (237)
Acquisitions [2] (30) 0
Other investing activities [2] (4) (6)
Net cash used in investing activities [2] (166) (243)
Cash Flows From (Used In) Financing Activities:    
Borrowings under revolving credit agreements [2] 761 346
Repayments under revolving credit agreements [2] (666) (326)
Proceeds from debt offering [2] 701 0
Repayment of term loan facility [2] (250) 0
Proceeds from issuance of units, net of issuance costs [2] 364 71
Quarterly distributions to unitholders [2] (234) (173)
Quarterly distributions to general partner [2] (95) (48)
Distributions to noncontrolling interest [2] 0 (20)
Distributions in connection with acquisitions [2] (400) 0
Financing costs [2] (17) 0
Contributions from general partner [2] 4 0
Sponsor contributions of equity to the Predecessors [2] 34 19
Capital contributions by affiliate [2] 21 18
Other financing activities [2] (1) 0
Net cash from (used in) financing activities [2] 222 (113)
Increase (Decrease) in Cash and Cash Equivalents [2] 481 (8)
Cash and Cash Equivalents, Beginning of Period [2] 16 [3] 19
Cash and Cash Equivalents, End of Period [2] $ 497 [3] $ 11
[1] (a)Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[2] (a)Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[3] (a)Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.