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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES    
Net income (loss) $ (964) $ 1,118
Reconciliation of net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 867 774
Deferred income taxes 42 98
Non-cash compensation expense 22 29
Impairment losses 1,325 50
Losses on extinguishments of debt (62) (18)
Equity in (earnings) losses of unconsolidated affiliates 7 (65)
Distributions from unconsolidated affiliates 58 66
Inventory valuation adjustments 227 (93)
Distributions on unvested awards (11) (8)
Other non-cash 17 107
Net change in operating assets and liabilities, net of effects of acquisitions 164 (279)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 1,816 1,815
INVESTING ACTIVITIES    
Proceeds from Divestiture of Businesses and Interests in Affiliates 0 93
Cash paid for all other acquisitions, net of cash received 0 (5)
Capital expenditures, excluding allowance for equity funds used during construction (1,621) (1,150)
Contributions in aid of construction costs 25 15
Contributions to unconsolidated affiliate 9 28
Distributions from unconsolidated affiliates in excess of cumulative earnings 52 13
Proceeds from the sale of other assets 2 4
Other 6 40
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (1,557) (1,098)
FINANCING ACTIVITIES    
Proceeds from borrowings 12,134 11,295
Repayments of debt (12,898) (10,733)
Subsidiary equity offerings, net of issue costs 1,580 0
Distributions to partners (770) (800)
Debt issuance costs (51) (84)
Distributions to noncontrolling interests (444) (425)
Capital contributions from noncontrolling interest 95 140
Net cash used in financing activities (354) (607)
Increase (decrease) in cash and cash equivalents (95) 110
Cash and cash equivalents, beginning of period 291 419
Cash and cash equivalents, end of period $ 196 $ 529