XML 44 R34.htm IDEA: XBRL DOCUMENT v3.20.2
Supplemental Cash Flow Information (Tables)
 6 Months Ended
Jun. 30, 2020
Supplemental Cash Flow Information [Abstract]  
Schedule of cash flows, supplemental disclosures
Cash flows related to interest and income taxes were as follows (in millions):
 
Six Months Ended
June 30,
 
2020
 
2019
Interest paid in excess of amount capitalized,
including interest on finance leases
$
250

 
$
227

Income taxes paid (refunded), net
76

 
(331
)


Supplemental cash flow information related to our operating and finance leases was as follows (in millions):
 
Six Months Ended June 30,
 
2020
 
2019
 
Operating
Leases
 
Finance
Leases
 
Operating
Leases
 
Finance
Leases
Cash paid for amounts included in the
measurement of lease liabilities:
 
 
 
 
 
 
 
Operating cash flows
$
216

 
$
48

 
$
216

 
$
25

Financing cash flows
—

 
32

 
—

 
21

Changes in lease balances resulting from new
and modified leases (a)
163

 
1,495

 
1,592

 
192

___________________
(a)
Noncash activity for the six months ended June 30, 2020 primarily includes $1.4 billion for a finance lease ROU asset and related liability recognized in connection with the terminaling agreement with MVP described in Note 5. Noncash activity for the six months ended June 30, 2019 included $1.3 billion for operating lease ROU assets and related liabilities recorded on January 1, 2019 upon adoption of Financial Accounting Standards Board Accounting Standards Codification Topic 842, “Leases.”

In order to determine net cash provided by operating activities, net income (loss) is adjusted by, among other things, changes in current assets and current liabilities as follows (in millions):
 
Six Months Ended
June 30,
 
2020
 
2019
Decrease (increase) in current assets:
 
 
 
Receivables, net
$
4,616

 
$
(1,664
)
Inventories
1,136

 
278

Prepaid expenses and other
(383
)
 
406

Increase (decrease) in current liabilities:
 
 
 
Accounts payable
(5,446
)
 
1,555

Accrued expenses
(73
)
 
(195
)
Taxes other than income taxes payable
(180
)
 
(75
)
Income taxes payable
(148
)
 
108

Changes in current assets and current liabilities
$
(478
)
 
$
413