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Supplemental Cash Flow Information (Tables)
6 Months Ended
Jun. 30, 2011
Supplemental Cash Flow Information [Abstract]  
Changes in current assets and current liabilities
In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in millions):


 
Six Months Ended June 30,
 
2011
 
2010
Decrease (increase) in current assets:
 
 
 
Receivables, net
$
(1,422
)
 
$
(394
)
Inventories
978


 
102


Income taxes receivable
175


 
808


Prepaid expenses and other
(3
)
 
124


Increase (decrease) in current liabilities:
 
 
 
Accounts payable
1,147


 
122


Accrued expenses
202


 
(145
)
Taxes other than income taxes
(52
)
 
(151
)
Income taxes payable
122


 
147


Changes in current assets and current liabilities
$
1,147


 
$
613


Cash flows related to interest and income taxes
Cash flows related to interest and income taxes were as follows (in millions):


 
Six Months Ended June 30,
 
2011
 
2010
Interest paid in excess of amount capitalized
$
221


 
$
225


Income taxes paid, net
(10
)
 
(797
)
Cash flows related to discontinued operations
Cash flows related to the discontinued operations of the Paulsboro and Delaware City Refineries have been combined with the cash flows from continuing operations within each category in the consolidated statement of cash flows for the six months ended June 30, 2010 and are summarized as follows (in millions):


Cash provided by (used in) operating activities:
 
Paulsboro Refinery
$
32


Delaware City Refinery
(76
)
Cash used in investing activities:
 
Paulsboro Refinery
(28
)
Delaware City Refinery