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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2019
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION
18.
SUPPLEMENTAL CASH FLOW INFORMATION

In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in millions):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Decrease (increase) in current assets:
 
 
 
 
 
Receivables, net
$
(1,468
)
 
$
(457
)
 
$
(870
)
Inventories
(385
)
 
(197
)
 
(516
)
Prepaid expenses and other
427

 
(77
)
 
151

Increase (decrease) in current liabilities:
 
 
 
 
 
Accounts payable
1,534

 
304

 
1,842

Accrued expenses
(27
)
 
(113
)
 
21

Taxes other than income taxes payable
60

 
(73
)
 
172

Income taxes payable
153

 
(684
)
 
489

Changes in current assets and current liabilities
$
294

 
$
(1,297
)
 
$
1,289



Cash flows related to interest and income taxes were as follows (in millions):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Interest paid in excess of amount capitalized,
including interest on finance leases
$
452

 
$
463

 
$
457

Income taxes paid (refunded), net (see Note 15)
(116
)
 
1,361

 
410



Supplemental cash flow information related to our operating and finance leases was as follows (in millions):
 
Year Ended
December 31, 2019
 
Operating
Leases
 
Finance
Leases
Cash paid for amounts included in the
measurement of lease liabilities:
 
 
 
Operating cash flows
$
441

 
$
50

Investing cash flows
1

 

Financing cash flows

 
34

Changes in lease balances resulting from new
and modified leases (a)
1,756

 
239

___________________
(a)
Includes noncash activity of $1.3 billion for operating lease ROU assets recorded on January 1, 2019 upon adoption of Topic 842.

Noncash investing and financing activities for the year ended December 31, 2019 also included the derecognition of the property, plant, and equipment and the related long-term liability associated with a build-to-suit lease arrangement with respect to the MVP Terminal, and the subsequent recognition of our investment in MVP, which is the unconsolidated joint venture that owns the MVP Terminal, as described in Note 10.

Noncash investing and financing activities for the years ended December 31, 2018 and 2017 included the recognition of (i) finance lease assets and related obligations primarily for the lease of storage tanks and (ii) terminal assets and related obligations under owner accounting as described in Note 10.