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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income/(loss) $ 1,163 $ 600 $ (2,440)
Reconciliation of net income/(loss) to net cash provided by operating activities:      
Depreciation and amortization 968 777 656
(Gains)/losses on asset sales and asset impairments, net (Note 6, Note 7) 269 592 719
Goodwill impairment loss (Note 8) 0 0 2,515
Equity-indexed compensation expense 41 24 16
Inventory valuation adjustments (Note 5) 0 0 233
Deferred income tax expense/(benefit) 162 62 (218)
(Gains)/losses on sales of linefill (35) 0 1
(Gain)/loss on foreign currency revaluation 41 (7) (16)
Settlement of terminated interest rate hedging instruments 42   (100)
Embedded Derivative, Gain (Loss) on Embedded Derivative, Net 189 (14) (20)
Equity earnings in unconsolidated entities (403) (274) (355)
Distributions on earnings from unconsolidated entities 488 431 472
(Gains) losses on/impairment of investments in unconsolidated entities, net (Note 7, Note 9) (346) (2) 182
Other 16 29 23
Changes in assets and liabilities, net of acquisitions:      
Trade accounts receivable and other 649 (2,179) 1,432
Inventory (10) (18) (304)
Trade accounts payable and other (830) 1,970 (1,286)
Net cash provided by operating activities 2,404 1,991 1,510
CASH FLOWS FROM INVESTING ACTIVITIES      
Cash paid in connection with acquisitions, net of cash acquired (Note 7) (149) (32) (310)
Investments in unconsolidated entities (Note 9) (14) (94) (461)
Additions to property, equipment and other (455) (336) (738)
Proceeds from sales of assets (Note 7) 60 881 429
Cash received from sales of linefill 72 3 3
Cash paid for purchases of linefill (84) (37) (14)
Other investing activities 44 1 (2)
Net cash provided by/(used in) investing activities (526) 386 (1,093)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net borrowings/(repayments) under PAA commercial paper program (Note 11)   (545) 456
Net borrowings/(repayments) under PAA senior secured hedged inventory facility (Note 11)   (167) (160)
Repayment of PAA GO Zone term loans (Note 11)   (200)  
Proceeds from the issuance of PAA senior notes (Note 11)     748
Repayments of PAA senior notes (Note 11) (750)   (617)
Repurchase of common units by a subsidiary (Note 12) (74) (178) (50)
Distributions paid to Class A shareholders (Note 12) (162) (140) (166)
Distributions paid to noncontrolling interests (Note 12) (918) (589) (697)
Other financing activities (49) (161) 44
Net cash used in financing activities (1,927) (1,979) (430)
Effect of translation adjustment (3) (5) (8)
Net increase/(decrease) in cash and cash equivalents and restricted cash (52) 393 (21)
Cash and cash equivalents and restricted cash, beginning of period 456 63 84
Cash and cash equivalents and restricted cash, end of period 404 456 63
Cash paid for:      
Interest, net of amounts capitalized 393 401 428
Income taxes, net of amounts refunded 112 76 111
Noncontrolling Interests      
CASH FLOWS FROM FINANCING ACTIVITIES      
Contributions from noncontrolling interests (Note 12) $ 26 $ 1 $ 12