XML 16 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 90,761 $ 395,289
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 156,800 96,500
Gain From Business Combination, Step Acquisition 0 335,260
Amortization of debt issuance costs and discount or premium 7,563 8,467
Amortization of unearned income and initial direct costs on direct financing leases (10,856) (11,286)
Payments received under direct financing leases 15,501 15,501
Equity in earnings of investments in equity investees (35,362) (48,440)
Cash distributions of earnings of equity investees 49,528 54,463
Non-cash effect of equity-based compensation plans 6,102 6,387
Deferred and other tax liabilities 2,058 2,242
Unrealized loss on derivative transactions 742 68
Other, net 8,967 816
Net changes in components of operating assets and liabilities (Note 12) (63,407) 7,381
Net cash provided by operating activities 228,397 192,128
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments to acquire fixed and intangible assets (363,218) (359,504)
Cash distributions received from equity investees - return of investment 16,652 19,360
Investments in equity investees 0 (2,900)
Acquisitions (25,394) (1,517,428)
Proceeds from Contribution in Aid of Construction 12,208 0
Proceeds from asset sales 3,303 2,571
Other, net 185 (2,137)
Net cash used in investing activities (356,264) (1,860,038)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on senior secured credit facility 883,600 1,168,850
Repayments on senior secured credit facility (831,600) (705,150)
Proceeds from issuance of senior unsecured notes 0 1,139,718
Repayment of senior unsecured notes 0 (350,000)
Debt issuance costs (1,578) (28,361)
Issuance of common units for cash, net 298,051 633,759
Payments of Distributions To Noncontrolling Interests 0 560
Distributions to common unitholders (227,454) (186,026)
Other, net (600) 1,786
Net cash provided by financing activities 120,419 1,674,016
Net increase in cash and cash equivalents (7,448) 6,106
Cash and cash equivalents at beginning of period 10,895 9,462
Cash and cash equivalents at end of period $ 3,447 $ 15,568