Supplemental Cash Flow Information

3 Months Ended

Mar. 31, 2023

Supplemental Cash Flow Elements [Abstract]

The following table provides information regarding the net changes in components of operating assets and liabilities.


	Three Months Ended March 31,
	2023		2022
(Increase) decrease in:
Accounts receivable	$	180,813	$	(131,249)
Inventories	(23,663)		(282)
Deferred charges	11,461		12,805
Other current assets	(11,365)		(2,677)
Increase (decrease) in:
Accounts payable	(126,440)		107,747
Accrued liabilities	(48,454)		(15,513)
Net changes in components of operating assets and liabilities	$	(17,648)	$	(29,169)

Payments of interest and commitment fees were $79.0 million and $69.8 million for the three months ended March 31, 2023 and March 31, 2022, respectively.

We capitalized interest of $8.5 million and $2.0 million during the three months ended March 31, 2023 and March 31, 2022, respectively.

At March 31, 2023 and March 31, 2022, we had incurred liabilities for fixed and intangible asset additions totaling $46.4 million and $45.0 million, respectively, that had not been paid at the end of the quarter. Therefore, these amounts were not included in the caption “Payments to acquire fixed and intangible assets” under Cash Flows from Investing Activities in the Unaudited Condensed Consolidated Statements of Cash Flows. The amounts as of March 31, 2023 primarily relate to the capital expenditures associated with our GOP (Note 1 1) and offshore growth capital projects.