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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES        
Net income $ 97 $ 147 $ 211 $ 298
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 405 436 801 873
Deferred income taxes     54 92
Changes in current assets and liabilities:        
Accounts receivable     33 (26)
Accounts payable     (29) (9)
Other assets and liabilities, net     (113) (74)
Other assets and liabilities, affiliate     85 (499)
Changes in other noncurrent assets and liabilities, net     64 13
Other, net     78 (35)
Net cash provided by operating activities     1,184 633
INVESTING ACTIVITIES        
Capital expenditures     (554) (591)
Proceeds from sale of property, plant and equipment and other assets     1 52
Net cash used in investing activities     (553) (539)
FINANCING ACTIVITIES        
Net proceeds from issuance of long-term debt     0 891
Distributions     (553) (25)
Payments of long-term debt     (64) (925)
Other     0 (1)
Net cash used in financing activities     (617) (60)
Net increase in cash, cash equivalents and restricted cash     14 34
Cash, cash equivalents and restricted cash at beginning of period     191 205
Cash, cash equivalents and restricted cash at end of period 205 239 205 239
Supplemental cash flow information:        
Income taxes paid, net     (23) (16)
Interest paid (net of capitalized interest of $8 and $8)     (182) (190)
Cash, cash equivalents and restricted cash:        
Cash and cash equivalents 154 233 154 233
Cash and cash equivalents included in assets held for sale 48 0 48 0
Restricted cash included in Other current assets 1 2 1 2
Restricted cash included in Other, net noncurrent assets 2 4 2 4
Total $ 205 $ 239 $ 205 $ 239