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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 160 $ 167
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation, amortization and accretion 12 13
Amortization of contract assets - related parties 4 4
Impairment of fixed assets 0 3
Undistributed equity earnings (21) (5)
Changes in operating assets and liabilities    
Accounts receivable 0 (4)
Allowance oil (5) (5)
Prepaid expenses and other assets 9 8
Accounts payable (2) (5)
Deferred revenue and other unearned income 6 0
Accrued liabilities (6) (10)
Net cash provided by operating activities 157 166
Cash flows from investing activities    
Capital expenditures (2) (1)
Contributions to investment 0 (2)
Return of investment 16 12
Net cash provided by investing activities 14 9
Cash flows from financing activities    
Repayments of credit facilities (150) 0
Distributions to noncontrolling interests (2) (4)
Distributions to unitholders and general partner (130) (173)
Prepayment fee on credit facility 0 (2)
Receipt of principal payments on financing receivables 1 1
Net cash used in financing activities (281) (178)
Net decrease in cash and cash equivalents (110) (3)
Cash and cash equivalents at beginning of the period 361 320
Cash and cash equivalents at end of the period 251 317
Non-cash investing and financing transactions:    
Change in accrued capital expenditures $ 0 $ 1