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Supplemental Cash Flow Information
 3 Months Ended
Mar. 31, 2017
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION
10.
SUPPLEMENTAL CASH FLOW INFORMATION

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):
 
Three Months Ended
March 31,
 
2017
 
2016
Decrease (increase) in current assets:
 
 
 
Receivables, net
$
817

 
$
(47
)
Inventories
(291
)
 
147

Income taxes receivable
41

 
45

Prepaid expenses and other
12

 
(126
)
Increase (decrease) in current liabilities:
 
 
 
Accounts payable
(306
)
 
108

Accrued expenses
20

 
(137
)
Taxes other than income taxes
(123
)
 
(113
)
Income taxes payable
(19
)
 
(54
)
Changes in current assets and current liabilities
$
151

 
$
(177
)


Noncash investing and financing activities during the three months ended March 31, 2017 included the recognition of a capital lease asset and related obligation associated with an agreement for storage tanks near three of our refineries. This noncash transaction is further described in Note 3. There were no significant noncash investing or financing activities during the three months ended March 31, 2016.

Cash flows related to interest and income taxes were as follows (in millions):
 
Three Months Ended
March 31,
 
2017
 
2016
Interest paid in excess of amount capitalized
$
128

 
$
95

Income taxes paid, net
96

 
95