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Condensed Combined Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities:    
Net income $ 2,350 $ 23 [1]
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 70 73 [1]
Impairment loss [1]   15
Equity in earnings from investments in affiliates (4) (3) [1]
Gain on foreign currency transactions (1)  
Amortization of deferred financing costs 1 2
Distributions from unconsolidated affiliates 4 4
Deferred income taxes (2,288) (15)
Changes in working capital and other 9 (4)
Net cash provided by operating activities 141 95
Investing Activities:    
Capital expenditures for property and equipment (37) (65)
Investments in affiliates (1)  
Change in restricted cash   14
Distributions from unconsolidated affiliates 1 2
Net cash used in investing activities (37) (49)
Financing Activities:    
Change in restricted cash (5) (34)
Net transfers (to) from Parent (9) 35
Dividends paid (110)  
Distributions to noncontrolling interests   (2)
Net cash used in financing activities (124) (1)
Effect of exchange rate changes on cash and cash equivalents 1 (1)
Net (decrease) increase in cash and cash equivalents (19) 44
Cash and cash equivalents, beginning of period 337 72
Cash and cash equivalents, end of period 318 $ 116
Non-cash financing activities:    
Dividends paid in stock 441  
Dividends declared but unpaid $ 92  
[1] Prior to the spin-off, we had one operating and reportable segment, our ownership segment. Prior period presentation has been restated to reflect our current reportable segment.