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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 281 $ 132
Accounts receivable (net of $— allowance for expected credit loss for each period end)    
Third party 119 169
Notes receivable    
Third party 5 5
Related party 0 4
Deferred property taxes 19 25
Other 18 25
Total Current Assets 442 360
Investments    
Investments in equity method investees 1,679 1,691
Property    
Property, plant, and equipment 4,129 4,109
Accumulated depreciation (647) (619)
Net Property, plant, and equipment 3,482 3,490
Other Assets    
Goodwill 473 473
Long-term notes receivable    
Third party 1 2
Related party 4 0
Operating lease right-of-use assets 32 36
Intangible assets, net 2,068 2,082
Other 30 32
Total Other Assets 2,608 2,625
Total Assets 8,211 8,166
Accounts payable    
Third party 21 22
Current portion of long-term debt 10 10
Operating lease liabilities 15 16
Dividends payable 62 58
Interest payable 26 4
Property taxes payable 23 24
Other 31 43
Total Current Liabilities 188 177
Long-Term Debt (net of current portion) 3,033 3,036
Other Liabilities    
Deferred income taxes 878 856
Operating lease liabilities 20 21
Other 54 55
Total Other Liabilities 952 932
Total liabilities 4,173 4,145
Commitments and Contingencies (Note 9)
Stockholders' Equity/Member's Equity    
Preferred stock ($0.01 par value, 50,000,000 shares authorized and no shares issued or outstanding at March 31, 2022 and December 31, 2021) 0 0
Common stock ($0.01 par value, 550,000,000 shares authorized, and 96,734,024 and 96,734,010 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively) 1 1
Additional paid in capital 3,453 3,450
Retained earnings 446 431
Accumulated other comprehensive income (loss) (10) (10)
Total DT Midstream Equity 3,890 3,872
Noncontrolling interests 148 149
Total Equity 4,038 4,021
Total Liabilities and Equity $ 8,211 $ 8,166