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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES    
Net income $ 528 $ 482
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 210 317
Deferred income taxes (2) (7)
Provision for uncollectible accounts 7 7
Accrued interest on affiliate note 28 28
Net loss on early retirement of debt 0 8
Changes in current assets and liabilities:    
Accounts receivable 15 17
Accounts payable (33) (7)
Accrued income and other taxes 22 30
Other current assets and liabilities, net (56) (64)
Changes in other noncurrent assets and liabilities, net (5) (14)
Changes in affiliate obligations, net (29) 5
Other, net 2 12
Net cash provided by operating activities 687 814
INVESTING ACTIVITIES    
Capital expenditures (144) (219)
Payments for advances to affiliates (482)  
Proceeds from collection of advances to affiliates   0
Proceeds from sale of property, plant and equipment and other assets 1 8
Net cash used in investing activities (625) (211)
FINANCING ACTIVITIES    
Payments of long-term debt 0 (235)
Dividends paid 0 (300)
Changes in advances from affiliates (55) (72)
Net cash used in financing activities (55) (607)
Net increase (decrease) in cash, cash equivalents and restricted cash 7 (4)
Cash, cash equivalents and restricted cash at beginning of period 4 15
Cash, cash equivalents and restricted cash at end of period 11 11
Supplemental cash flow information:    
Income taxes paid, net (178) (172)
Interest paid (net of capitalized interest of $6 and $5) (31) (37)
Cash, cash equivalents and restricted cash:    
Cash and cash equivalents 9 10
Restricted cash - noncurrent 2 1
Total $ 11 $ 11