Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2011

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

Note 20.  Supplemental Cash Flow Information

The following table provides information regarding the net effect of changes in our operating accounts and cash payments for interest and income taxes for the periods presented:

	For Year Ended December 31,
	2011			2010			2009
Decrease (increase) in:
Accounts receivable – trade	$	(709.0	)	$	(683.7	)	$	(1,069.1	)
Accounts receivable – related parties		(7.0	)		2.9			7.2
Inventories		135.8			(437.5	)		(317.4	)
Prepaid and other current assets		(27.7	)		(87.4	)		71.1
Other assets		3.9			14.7			15.0
Increase (decrease) in:
Accounts payable – trade		44.2			104.7			(44.4	)
Accounts payable – related parties		78.4			46.0			44.9
Accrued product payables		726.2			772.6			1,553.0
Accrued interest		35.2			25.1			28.2
Other current liabilities		(23.2	)		52.9			(55.2	)
Other liabilities		10.1			(0.7	)		16.8
Net effect of changes in operating accounts	$	266.9		$	(190.4	)	$	250.1
Cash payments for interest, net of $106.7, $47.2 and $53.1 capitalized in 2011, 2010 and 2009, respectively	$	711.4		$	724.1		$	646.8
Cash payments for federal and state income taxes	$	13.4		$	15.6		$	29.5

We incurred liabilities for construction in progress that had not been paid at December 31, 2011 2010 and 2009 of $286.9 million, $201.6 million and $182.6 million, respectively.  Such amounts are not included under the caption “Capital expenditures” on the Statements of Consolidated Cash Flows.

 On certain of our capital projects, third parties are obligated to reimburse us for all or a portion of project expenditures.  The majority of such arrangements are associated with projects related to pipeline construction and production well tie-ins.  These cash receipts are presented as “Contributions in aid of construction costs” within the investing activities section of our Statements of Consolidated Cash Flows.

In December 2011, we acquired the remaining noncontrolling 10% interest in Seminole for $15.0 million in cash.   This acquisition was accounted for as an equity transaction.

The following table presents our cash proceeds from asset sales for the periods indicated:

	For Year Ended December 31,
	2011		2010		2009
Sale of Crystal ownership interests (see Note 8)	$	547.8	$	--	$	--
Sale of Energy Transfer Equity common units (see Note 9)		375.2		--		--
Proceeds from other asset sales		110.8		105.9		3.6
Total proceeds from sale of assets	$	1,033.8	$	105.9	$	3.6

The following table presents our gains (losses) from asset sales and related transactions for the periods indicated:

	For Year Ended December 31,
	2011			2010		2009
Sale of Crystal ownership interests (see Note 8)	$	129.1		$	--	$	--
Sale of Energy Transfer Equity common units (see Note 9)		27.2			--		--
Gains (losses) from other asset sales		(0.6	)		46.7		--
Total gains from sale of assets and related transactions	$	155.7		$	46.7	$	--

See Note 13 for information regarding cash amounts attributable to noncontrolling interests.