XML 45 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities    
Net Income $ 572.8 $ 592.5
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 451.2 450.5
Amortization of excess cost of equity investments 3.1 2.9
Non-cash compensation expense allocated from parent 89.9 2.7
Earnings from equity investments (141.3) (101.9)
Distributions from equity investments 135.7 101.9
Changes in components of working capital:    
Accounts receivable 55.0 62.9
Inventories 12.1 (29.7)
Other current assets (71.0) (20.8)
Accounts payable 14.8 (42.7)
Accrued interest 4.3 10.3
Accrued taxes 18.9 (2.2)
Accrued liabilities (9.8) (13.0)
Rate reparations, refunds and other litigation reserve adjustments 102.0 (48.3)
Other, net 14.3 (32.9)
Net Cash Provided by Operating Activities 1,252.0 932.2
Cash Flows From Investing Activities    
Acquisitions of investments (65.9) (929.7)
Acquisitions of assets (44.1) (218.1)
Capital expenditures (535.4) (451.1)
Sale or casualty of property, plant and equipment, and other net assets net of removal costs 16.6 22.5
Net proceeds from margin and restricted deposits 48.9 (3.9)
Contributions to equity investments (60.1) (180.9)
Distributions from equity investments in excess of cumulative earnings 121.2 93.3
Other, net (Investing) 0.1 0
Net Cash Used in Investing Activities (518.7) (1,667.9)
Cash Flows From Financing Activities    
Issuance of debt 3,514.6 4,709.5
Payment of debt (3,641.3) (3,443.0)
Repayments from related party 1.4 1.3
Debt issue costs (7.5) (22.3)
(Decrease) Increase in cash book overdrafts (13.2) 8.1
Proceeds from issuance of common units 705.8 433.2
Contributions from noncontrolling interests 13.1 7.2
Distributions to partners and noncontrolling interests:    
Common units (498.4) (439.5)
Class B units (12.1) (11.3)
General Partner (561.8) (498.2)
Noncontrolling interests (13.5) (12.0)
Other, net (Financing) 0.1 0
Net Cash (Used in) Provided by Financing Activities (512.8) 733.0
Effect of Exchange Rate Changes on Cash and Cash Equivalents 3.0 (0.8)
Net increase (decrease) in Cash and Cash Equivalents 223.5 (3.5)
Cash and Cash Equivalents, beginning of period 129.1 146.6
Cash and Cash Equivalents, end of period 352.6 143.1
Noncash Investing and Financing Activities    
Assets acquired by the assumption or incurrence of liabilities 9.7 8.1
Assets acquired by the issuance of common units 23.7 81.7
Contribution of net assets to investments 7.9 0
Sale of investment ownership interest in exchange for note 4.1 0
Supplemental Disclosures of Cash Flow Information    
Cash paid during the period for interest (net of capitalized interest) 260.8 224.7
Cash paid during the period for income taxes $ 9.5 $ 7.9