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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
OPERATING ACTIVITIES          
Net (loss) income $ (1,924) $ 97 $ (1,883) $ 211  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:          
Depreciation and amortization 355 405 702 801  
Loss on disposal group held for sale 8 0 85 0  
Goodwill impairment     1,970 0  
Deferred income taxes     (6) 54  
Changes in current assets and liabilities:          
Accounts receivable     3 33  
Accounts payable     (16) (29)  
Other assets and liabilities, net     (34) (113)  
Other assets and liabilities, affiliate     (1) 85  
Changes in other noncurrent assets and liabilities, net     16 64  
Other, net     (3) 78  
Net cash provided by operating activities     833 1,184  
INVESTING ACTIVITIES          
Capital expenditures     (530) (554)  
Proceeds from sale of property, plant and equipment and other assets     24 1  
Other, net     0 0  
Net cash used in investing activities     (506) (553)  
FINANCING ACTIVITIES          
Distributions     (161) (553)  
Payments of long-term debt     (14) (64)  
Other     (12) 0  
Net cash used in financing activities     (187) (617)  
Net increase in cash, cash equivalents and restricted cash     140 14  
Cash, cash equivalents and restricted cash at beginning of period     164 191 $ 191
Cash, cash equivalents and restricted cash at end of period 304 205 304 205 164
Supplemental cash flow information:          
Income taxes paid, net     (4) (23)  
Interest paid (net of capitalized interest of $10 and $8)     (183) (182)  
Supplemental non-cash information regarding financing activities:          
Issuance of senior secured notes as part of exchange offers (Note 6)     924 0  
Cash, cash equivalents and restricted cash:          
Cash and cash equivalents 256 154 256 154 118
Cash and cash equivalents and restricted cash included in assets held for sale 46 48 46 48  
Restricted cash included in Other current assets 0 1 0 1  
Restricted cash included in Other, net noncurrent assets 2 2 2 2  
Total $ 304 $ 205 $ 304 $ 205 $ 164