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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES:    
Net income (loss) $ 323 $ 422
Adjustments to reconcile to net cash provided (used) by operating activities:    
Depreciation and amortization 428 399
Provision (benefit) for deferred income taxes 31 261
Amortization of stock-based awards 23 20
Cash provided (used) by changes in current assets and liabilities:    
Accounts and notes receivable 17 (10)
Inventories (81) 2
Other current assets and deferred charges (37) (8)
Accounts payable (34) (22)
Accrued liabilities 60 42
Other, including changes in noncurrent assets and liabilities 29 57
Net cash provided (used) by operating activities 759 1,163
FINANCING ACTIVITIES:    
Proceeds from (payments of) commercial paper - net (226) 710
Proceeds from long-term debt 4,935 1,705
Payments of long-term debt 0 (2,081)
Proceeds from issuance of common stock 3,408 9
Proceeds from sale of limited partner units of consolidated partnership 0 617
Dividends paid (567) (472)
Dividends and distributions paid to noncontrolling interests (296) (224)
Contributions from noncontrolling interests 122 272
Other - net (20) 12
Net cash provided (used) by financing activities 7,356 548
INVESTING ACTIVITIES:    
Capital expenditures (1,839) (1,530)
Purchases of and contributions to equity-method investments (246) (188)
Cash held for ACMP Acquisition (Note 13) (5,995) 0
Other - net 144 (8)
Net cash provided (used) by investing activities (7,936) (1,726)
Increase (decrease) in cash and cash equivalents 179 (15)
Cash and cash equivalents at beginning of period 681 839
Cash and cash equivalents at end of period 860 824
Increases to property, plant and equipment (1,789) (1,605)
Changes in related accounts payable and accrued liabilities (50) 75
Capital expenditures $ (1,839) $ (1,530)