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Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities    
Net income $ 1,630 $ 1,630
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 572 555
Deferred and other income taxes 52 60
Other operating activities, net (117) (43)
Changes in current assets and liabilities:    
Accounts receivable, net (59) (236)
Materials and supplies 13 (105)
Other current assets (73) (43)
Accounts payable and other current liabilities (437) 63
Income and other taxes 259 355
Cash provided by operating activities 1,840 2,236
Investing Activities    
Capital investments (772) (848)
Maturities of short-term investments (Note 11) 46 0
Proceeds from asset sales 12 32
Other investing activities, net (91) (20)
Cash used in investing activities (805) (836)
Financing Activities    
Debt issued (Note 12) 1,199 3,490
Dividends paid (795) (743)
Debt repaid (647) (866)
Share repurchase programs (Note 14) (575) (2,743)
Net issued/(paid) commercial paper (Note 12) (102) (100)
Other financing activities, net (7) (51)
Cash used in financing activities (927) (1,453)
Net change in cash, cash equivalents, and restricted cash 108 (53)
Cash, cash equivalents, and restricted cash at beginning of year 987 983
Cash, cash equivalents, and restricted cash at end of period 1,095 930
Non-cash investing and financing activities:    
Capital investments accrued but not yet paid 156 157
Common shares repurchased but not yet paid 15 10
Cash (paid for)/received from:    
Income taxes, net of refunds (35) (7)
Interest, net of amounts capitalized (454) (382)
Cash and cash equivalents 1,079 909
Total cash, cash equivalents and restricted cash equivalents per above 1,095 930
Other Current Assets [Member]    
Cash (paid for)/received from:    
Restricted cash equivalents 7 17
Other Noncurrent Assets [Member]    
Cash (paid for)/received from:    
Restricted cash equivalents 9 4
Accelerated Share Repurchase Agreement [Member]    
Financing Activities    
Share repurchase programs (Note 14) $ 0 $ (440)