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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows From (Used In) Operating Activities:      
Net earnings [1],[2],[3] $ 600 $ 306 $ 277 [4]
Adjustments to reconcile net earnings to net cash from operating activities:      
Depreciation and amortization expenses [4] 368 313 233 [2]
Amortization of debt issuance costs [4] 10 10 9
Debt redemption charges [4] 0 77 0
(Gain) loss on asset disposals and impairments [3] 4 (25) 4 [4]
Unit-based compensation expense [4] 9 9 6
Distributions received in excess of equity in earnings of equity method investments [4] 21 17 16
Other non-cash operating activities 0 (6) 1 [4]
Changes in receivables [4] (17) 24 (172)
Changes in other current assets [4] (39) 1 (6)
Changes in current liabilities [4] 104 3 81
Changes in other noncurrent assets and liabilities (31) (42) (7) [4]
Net cash from operating activities 1,029 687 442 [4]
Cash Flows From (Used In) Investing Activities:      
Capital expenditures (770) (349) (298) [4]
Acquisitions, net of cash acquired (379) (1,231) (332) [4]
Proceeds from sale of assets 0 47 0 [4]
Deposits for acquisitions [4] 0 0 (33)
Other investing activities [4] 0 0 5
Net cash used in investing activities (1,149) (1,533) (658) [4]
Cash Flows From (Used In) Financing Activities:      
Proceeds from debt offering [4] 0 1,750 1,451
Proceeds from issuance of common units, net of issuance costs 0 284 364 [4]
Proceeds from issuance of preferred units, net of issuance costs [4] 0 589 0
Proceeds from issuance of general partner units, net of issuance costs 0 6 0 [4]
Quarterly distributions to common unitholders (859) (530) (324) [4]
Distributions to preferred unitholders (29) 0 0 [4]
Quarterly distributions to general partner 0 (131) (137) [4]
Distributions in connection with acquisitions from our Sponsor (300) (406) (760) [4]
Borrowings under revolving credit agreement 1,320 1,225 1,451 [4]
Repayments under revolving credit agreement (498) (1,152) (1,426) [4]
Repayments of Long-term Debt including capital leases [4] (1) (2,070) (251)
Premiums paid on debt redemption [4] 0 (85) 0
Sponsor contributions of equity to the Predecessors 374 742 515
Financing costs [4] 0 0 (7)
Payments of Debt Issuance Costs [4] 0 (22) (21)
Contributions from general partner [4] 0 0 4
Capital Contributions by affiliate [4] 51 34 29
Other Financing Activities (3) (1) 0 [4]
Net cash from (used in) financing activities 55 233 888 [4]
Increase (Decrease) in Cash and Cash Equivalents (65) (613) 672 [4]
Cash and Cash Equivalents, Beginning of Year 75 [5] 688 [4] 16 [4]
Cash and Cash Equivalents, End of Year $ 10 $ 75 [5] $ 688 [4]
[1] Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[2] Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[3] All periods include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[4] All periods include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[5] Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.