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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows From Operating Activities:    
Net income (loss) $ (1,052) $ (2,386)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 861 334
Amortization of debt issuance costs 8 6
Impairments 0 6
Loss on derivatives, unsettled 2,524 2,952
Stock-based compensation 4 2
Loss on early extinguishment of debt 6 59
Other 2 3
Change in assets and liabilities, excluding impact from acquisitions:    
Accounts receivable (602) (147)
Accounts payable 506 58
Taxes payable 28 (10)
Interest payable (22) (13)
Inventories (8) (2)
Other assets and liabilities (59) (32)
Net cash provided by operating activities 2,196 830
Cash Flows From Investing Activities:    
Capital investments (1,623) (747)
Proceeds from sale of property and equipment 15 4
Cash acquired through acquisitions 0 55
Cash consideration 0 (373)
Other 0 (1)
Net cash used in investing activities (1,608) (1,062)
Cash Flows From Financing Activities:    
Payments on current portion of long-term debt (205) (844)
Payments on long-term debt (71) 0
Payments on revolving credit facility (10,341) (3,401)
Borrowings under revolving credit facility 10,061 3,366
Change in bank drafts outstanding 62 33
Proceeds from exercise of common stock options 7 0
Purchase of treasury stock (100) 0
Debt issuance/amendment costs (14) (25)
Cash paid for tax withholding (4) (3)
Repayment of Indigo revolving credit facility 0 (95)
Proceeds from issuance of long-term debt 0 1,200
Net cash provided by (used in) financing activities (605) 231
Decrease in cash and cash equivalents (17) (1)
Cash and cash equivalents at beginning of year 28 13
Cash and cash equivalents at end of period $ 11 $ 12