XML 19 R7.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net income (loss) $ (1,948.7) $ 32.7
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization in interest expense 5.0 4.6
Depreciation and amortization expense 443.6 474.6
Impairment of long-lived assets 2,442.8 0.0
Accretion of asset retirement obligations 1.7 2.3
Equity (earnings) loss of unconsolidated affiliates (35.5) (5.9)
Distributions of earnings received from unconsolidated affiliates 44.5 14.4
Risk management activities (125.9) 0.1
(Gain) loss on sale or disposition of assets 0.0 3.1
(Gain) loss from financing activities (61.1) 1.4
Change in contingent considerations 0.0 8.9
Changes in operating assets and liabilities, net of business acquisitions:    
Receivables and other assets 240.1 198.2
Inventories (56.7) (76.7)
Accounts payable, accrued liabilities and other liabilities (262.1) (154.1)
Interest payable 18.9 41.4
Net cash provided by operating activities 706.6 545.0
Cash flows from investing activities    
Outlays for property, plant and equipment (615.9) (1,750.5)
Proceeds from sale of business and assets 134.8 2.4
Investments in unconsolidated affiliates (1.4) (194.8)
Return of capital from unconsolidated affiliates 6.9 0.1
Other, net 3.5 (19.1)
Net cash used in investing activities (472.1) (1,961.9)
Debt obligations:    
Proceeds from borrowings under credit facility 1,240.0 1,320.0
Repayments of credit facility (800.0) (1,830.0)
Proceeds from borrowings under accounts receivable securitization facility 226.4 742.9
Repayments of accounts receivable securitization facility (346.4) (724.6)
Proceeds from issuance of senior notes 0.0 1,500.0
Redemption of senior notes (239.8) (749.4)
Principal payments of finance leases (6.2) (5.5)
Costs incurred in connection with financing arrangements (0.5) (25.1)
Payment of contingent consideration 0.0 (317.1)
Sale of ownership interests in subsidiaries 0.0 1,619.7
Contributions from general partner 1.0 3.8
Contributions from TRC 49.0 186.2
Contributions from noncontrolling interests 25.7 403.5
Distributions to noncontrolling interests (206.2) (35.9)
Distributions to unitholders (295.0) (679.1)
Net cash provided by (used in) financing activities (352.0) 1,409.4
Net change in cash and cash equivalents (117.5) (7.5)
Cash and cash equivalents, beginning of period 291.1 203.3
Cash and cash equivalents, end of period $ 173.6 $ 195.8