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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,771 $ 1,046
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 441 386
(Gains)/losses on asset sales and asset impairments, net (7) (79)
Equity-indexed compensation expense 31 59
Inventory valuation adjustments 11  
Deferred income tax expense 65 50
Settlement of terminated interest rate hedging instruments (55) 14
Change in fair value of Preferred Distribution Rate Reset Option (Note 10) (16) (3)
Equity earnings in unconsolidated entities (274) (281)
Distributions on earnings from unconsolidated entities 307 324
Gain on investment in unconsolidated entities (271) (210)
Other 22 22
Changes in assets and liabilities, net of acquisitions (251) (36)
Net cash provided by operating activities 1,774 1,292
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid in connection with acquisitions, net of cash acquired (47)  
Investments in unconsolidated entities (367) (300)
Additions to property, equipment and other (919) (1,184)
Proceeds from sales of assets 8 1,298
Return of investment from unconsolidated entities   10
Cash paid for purchases of linefill and base gas (33)  
Other investing activities (9) (8)
Net cash used in investing activities (1,367) (184)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net repayments under PAA commercial paper program (Note 8)   (63)
Net repayments under PAA senior secured hedged inventory facility (Note 8)   (479)
Proceeds from PAA GO Zone term loans   200
Proceeds from the issuance of PAA senior notes (Note 8) 998  
Distributions paid to Class A shareholders (Note 9) (165) (142)
Distributions paid to noncontrolling interests (Note 9) (717) (611)
Sale of noncontrolling interest in a subsidiary (Note 9) 128  
Other financing activities (45) (17)
Net cash provided by/(used in) financing activities 199 (1,112)
Effect of translation adjustment (5) (3)
Net increase/(decrease) in cash and cash equivalents and restricted cash 601 (7)
Cash and cash equivalents and restricted cash, beginning of period 69 40
Cash and cash equivalents and restricted cash, end of period 670 33
Cash paid for:    
Interest, net of amounts capitalized 263 281
Income taxes, net of amounts refunded $ 110 $ 20