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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION
18.
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):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Decrease (increase) in current assets:
 
 
 
 
 
Receivables, net
$
(457
)
 
$
(870
)
 
$
(1,531
)
Inventories
(197
)
 
(516
)
 
771

Prepaid expenses and other
(77
)
 
151

 
47

Increase (decrease) in current liabilities:
 
 
 
 
 
Accounts payable
304

 
1,842

 
1,556

Accrued expenses
(113
)
 
21

 
117

Taxes other than income taxes payable
(73
)
 
172

 
82

Income taxes payable
(684
)
 
489

 
(66
)
Changes in current assets and current liabilities
$
(1,297
)
 
$
1,289

 
$
976



Cash flows related to interest and income taxes were as follows (in millions):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Interest paid in excess of amount capitalized
$
463

 
$
457

 
$
427

Income taxes paid, net
1,361

 
410

 
444



Cash flows reflected as “other financing activities, net” for the year ended December 31, 2016 included the payment of a long-term liability of $137 million owed to a joint venture partner associated with an owner-method joint venture investment.

Noncash investing and financing activities for the year ended December 31, 2018 included the recognition of (i) capital lease assets and related obligations totaling $63 million primarily for the lease of storage tanks as described in Note 9 and (ii) terminal assets and related obligation totaling $198 million under owner accounting as described in Note 10.

Noncash investing and financing activities for the year ended December 31, 2017 included the recognition of (i) capital lease assets and related obligations totaling $502 million primarily for the lease of storage tanks as described in Note 9 and (ii) terminal assets and related obligation totaling $94 million under owner accounting as described in Note 10.

There were no significant noncash investing and financing activities for the year ended December 31, 2016.