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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
OPERATING ACTIVITIES        
Net (loss) income $ (62) $ 121 $ 149 $ 419
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 377 431 1,178 1,304
Gain on sale of business     (119) 0
Deferred income taxes     367 122
Net gain on early retirement of debt     (9) 0
Changes in current assets and liabilities:        
Accounts receivable     2 (41)
Accounts payable     (37) (34)
Other assets and liabilities, net     (141) (74)
Other assets and liabilities, affiliate     81 (780)
Changes in other noncurrent assets and liabilities, net     117 33
Other, net     99 (8)
Net cash provided by operating activities     1,687 941
INVESTING ACTIVITIES        
Capital expenditures     (877) (874)
Proceeds from sale of business     2,707 0
Proceeds from sale of property, plant and equipment and other assets     2 52
Net cash provided by (used in) investing activities     1,832 (822)
FINANCING ACTIVITIES        
Net proceeds from issuance of long-term debt     0 891
Distributions     (1,210) (25)
Payments of long-term debt     (2,367) (932)
Other     0 (1)
Net cash used in financing activities     (3,577) (67)
Net (decrease) increase in cash, cash equivalents and restricted cash     (58) 52
Cash, cash equivalents and restricted cash at beginning of period     191 205
Cash, cash equivalents and restricted cash at end of period 133 257 133 257
Supplemental cash flow information:        
Income taxes paid, net     (4) (23)
Interest paid (net of capitalized interest of $12 and $11)     (326) (304)
Cash, cash equivalents and restricted cash:        
Cash and cash equivalents 130 215 130 215
Cash and cash equivalents included in assets held for sale 0 36 0 36
Restricted cash included in Other current assets 1 2 1 2
Restricted cash included in Other, net noncurrent assets 2 4 2 4
Total $ 133 $ 257 $ 133 $ 257