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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 858 $ 730 $ 906
Reconciliation of net income to net cash provided by operating activities:      
Depreciation and amortization 626 494 432
Equity-indexed compensation expense 41 60 27
Inventory valuation adjustments (Note 4) 35 3 117
Deferred income tax expense/(benefit) 16 (60) 16
Settlement of terminated interest rate hedging instruments (29) (29) (48)
Change in fair value of Preferred Distribution Rate Reset Option (Note 12) (13) (30)  
Equity earnings in unconsolidated entities (290) (195) (183)
Distributions from unconsolidated entities 304 216 214
Other 10 23 (21)
Changes in assets and liabilities, net of acquisitions:      
Trade accounts receivable and other (511) (524) 803
Inventory 605 (463) (90)
Accounts payable and other current liabilities 847 508 (815)
Net cash provided by operating activities 2,499 733 1,358
CASH FLOWS FROM INVESTING ACTIVITIES      
Cash paid in connection with acquisitions, net of cash acquired (Note 6) (1,280) (282) (105)
Investments in unconsolidated entities (Note 8) (416) (301) (253)
Additions to property, equipment and other (1,024) (1,334) (2,079)
Proceeds from sales of assets (Note 6) 1,083 654 5
Return of investment from unconsolidated entities (Note 8) 21    
Cash received from sales of linefill and base gas 49   1
Cash paid for purchases of linefill and base gas (2) (7) (133)
Other investing activities (1) (3) 34
Net cash used in investing activities (1,570) (1,273) (2,530)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net borrowings/(repayments) under commercial paper program (Note 10) (690) (564) 631
Net borrowings under senior secured hedged inventory facility (Note 10) 36 447 300
Repayment under AAP senior secured revolving credit facility (Note 10)   (92)  
Repayment of AAP term loan (Note 10)   (550)  
Proceeds from the issuance of senior notes (Note 10)   748 998
Repayments of senior notes (Note 10) (1,350) (175) (549)
Net proceeds from the sale of Series A preferred units (Note 11)   1,569  
Net proceeds from the sale of Series B preferred units (Note 11) 788    
Net proceeds from the sale of common units (Note 11) 1,664 796 1,099
Contributions from general partner   42 23
Distributions paid to common unitholders (Note 11) (1,386) (1,062) (1,081)
Distributions paid to general partner (Note 11)   (565) (590)
Other financing activities (5) (38) (31)
Net cash provided by/(used in) financing activities (943) 556 800
Effect of translation adjustment on cash 4 4 (4)
Net increase/(decrease) in cash and cash equivalents (10) 20 (376)
Cash and cash equivalents, beginning of period 47 27 403
Cash and cash equivalents, end of period 37 47 27
Cash paid for:      
Interest, net of amounts capitalized 486 450 396
Income taxes, net of amounts refunded $ 50 $ 98 $ 50