XML 28 R10.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES:      
Net income (loss) $ 1,562 $ 198 $ 714
Adjustments to reconcile to net cash provided (used) by operating activities:      
Depreciation and amortization 1,842 1,721 1,714
Provision (benefit) for deferred income taxes 509 108 376
Equity (earnings) losses (608) (328) (375)
Distributions from unconsolidated affiliates 757 653 657
Gain on disposition of equity-method investments (Note 9) 0 0 (122)
(Gain) loss on deconsolidation of businesses (Note 9) 0 0 29
Impairment of goodwill (Note 17) 0 187 0
Impairment of equity-method investments (Note 17) 0 1,046 186
Impairment of certain assets (Note 17) 2 182 464
Net unrealized (gain) loss from derivative instruments 109 0 (3)
Amortization of stock-based awards 81 52 57
Cash provided (used) by changes in current assets and liabilities:      
Accounts receivable (545) (2) 34
Inventories (124) (11) 5
Other current assets and deferred charges (63) 11 21
Accounts payable 643 (7) (46)
Accrued liabilities 58 (309) 153
Changes in current and noncurrent derivative assets and liabilities (277) (4) 3
Other, including changes in noncurrent assets and liabilities (1) (1) (174)
Net cash provided (used) by operating activities 3,945 3,496 3,693
FINANCING ACTIVITIES:      
Proceeds from long-term debt 2,155 3,899 767
Payments of long-term debt (894) (3,841) (909)
Proceeds from issuance of common stock 9 9 10
Common dividends paid (1,992) (1,941) (1,842)
Dividends and distributions paid to noncontrolling interests (187) (185) (124)
Proceeds from Noncontrolling Interests 9 7 36
Payments for debt issuance costs (26) (20) 0
Other – net (16) (13) (17)
Net cash provided (used) by financing activities (942) (2,085) (745)
INVESTING ACTIVITIES:      
Capital expenditures (1) (1,239) (1,239) (2,109)
Dispositions – net (8) (36) (40)
Contributions in aid of construction 52 37 52
Purchases of businesses, net of cash acquired (Note 3) (151) 0 (728)
Proceeds from dispositions of equity-method investments (Note 9) 1 0 485
Purchases of and contributions to equity-method investments (Note 9) (115) (325) (453)
Other – net (5) 5 (34)
Net cash provided (used) by investing activities (1,465) (1,558) (2,827)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 1,538 (147) 121
Cash and cash equivalents at beginning of year 142 289 168
Cash and cash equivalents at end of year 1,680 142 289
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]      
(1) Increases to property, plant, and equipment (1,305) (1,160) (2,023)
Changes in related accounts payable and accrued liabilities 66 (79) (86)
Capital expenditures (1,239) (1,239) (2,109)
Northeast JV [Member]      
FINANCING ACTIVITIES:      
Proceeds from Noncontrolling Interests $ 0 $ 0 $ 1,334