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Consolidated Statments of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities:      
Net income $ 1,020,849 $ 1,333,925 $ 869,531
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 246,134 265,077 196,630
Gain on sale and retirement of assets (28,966) (328,055) (5,135)
Earnings of non-controlled entities (168,961) (181,117) (120,994)
Distributions from operations of non-controlled entities 203,602 196,686 146,211
Equity-based incentive compensation expense 24,012 32,053 20,641
Settlement cost, amortization of prior service credit and actuarial loss 8,245 12,135 8,650
Debt prepayment costs 8,270 0 0
Changes in components of operating assets and liabilities (Note 8) 7,994 22,246 15,695
Net cash provided by operating activities 1,321,179 1,352,950 1,131,229
Investing Activities:      
Additions to property, plant and equipment (943,990) (552,257) (558,669)
Proceeds from sale and disposition of assets 65,366 576,568 44,392
Investments in non-controlled entities (212,380) (216,424) (134,828)
Distributions from returns of investments in non-controlled entities 8,494 1,786 55,931
Deposits received from undivided joint interest third party 75,258 71,071 0
Net cash used by investing activities (1,007,252) (119,256) (593,174)
Financing Activities:      
Distributions paid (921,606) (865,431) (803,216)
Net commercial paper repayments 0 0 (49,986)
Borrowings under long-term notes 996,405 0 496,705
Payments on notes (550,000) (250,000) 0
Debt placement costs (12,012) (404) (6,316)
Net receipt (payment) on financial derivatives (33,342) 24,619 0
Payments associated with settlement of equity-based incentive compensation (9,764) (9,285) (13,875)
Debt prepayment costs (8,270) 0 0
Net cash used by financing activities (538,589) (1,100,501) (376,688)
Change in cash, cash equivalents and restricted cash (224,662) 133,193 161,367
Cash, cash equivalents and restricted cash at beginning of period 309,261 176,068 14,701
Cash, cash equivalents and restricted cash at end of period 84,599 309,261 176,068
Noncash Investing and Financing Items [Abstract]      
Contribution of property, plant and equipment to a non-controlled entity 0 0 97,638
Additions to property, plant and equipment (980,575) (562,296) (572,744)
Changes in accounts payable and other current liabilities related to capital expenditures 36,585 10,039 14,075
Additions to property, plant and equipment, net $ (943,990) $ (552,257) $ (558,669)