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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities:    
Net income $ 109,918 $ 182,224
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 106,793 105,222
Unit-based compensation expense 2,869 0
Amortization of debt related items 3,965 4,485
Gain from sale or disposition of assets (2) (165)
Gain associated with the Linden Acquisition 0 (56,277)
Deferred income tax expense (benefit) 2,562 368
Distributions of equity in earnings of joint venture 0 2,500
Changes in current assets and current liabilities (Note 12) (15,274) (8,502)
Other, net 4,202 7,332
Net cash provided by operating activities 215,033 237,187
Cash Flows from Investing Activities:    
Capital expenditures (95,361) (153,621)
Change in accounts payable related to capital expenditures (12,674) (7,954)
Acquisitions 0 (142,500)
Investment in other long-term assets 0 (3,444)
Proceeds from sale or disposition of assets 0 1,307
Net cash used in investing activities (108,035) (306,212)
Cash Flows from Financing Activities:    
Proceeds from long-term debt borrowings 348,904 609,735
Proceeds from short-term debt borrowings 279,000 432,000
Long-term debt repayments (184,192) (270,292)
Short-term debt repayments (363,000) (463,000)
Distributions to unitholders and general partner (196,102) (196,102)
Decrease in cash book overdrafts (11,166) (13,695)
Other, net (674) (565)
Net cash (used in) provided by financing activities (127,230) 98,081
Effect of foreign exchange rate changes on cash 4,389 (5,331)
Net (decrease) increase in cash and cash equivalents (15,843) 23,725
Cash and cash equivalents as of the beginning of the period 118,862 87,912
Cash and cash equivalents as of the end of the period $ 103,019 $ 111,637