XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net income $ 1,573 $ 1,312
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 780 985
Deferred income taxes (24) (30)
Provision for uncollectible accounts 18 45
Accrued interest on affiliate note 57 61
Net loss on early retirement of debt 8 36
Changes in current assets and liabilities:    
Accounts receivable 7 70
Accounts payable (19) (34)
Accrued income and other taxes 17 12
Other current assets and liabilities, net (113) (193)
Changes in other noncurrent assets and liabilities, net 10 45
Changes in affiliate obligations, net (23) (54)
Other, net 8 (4)
Net cash provided by operating activities 2,299 2,251
INVESTING ACTIVITIES    
Capital expenditures (557) (885)
Payments for advances to affiliates (368)  
Proceeds from collection of advances to affiliates   1,842
Proceeds from sale of property, plant and equipment and other assets 31 2
Net cash (used in) provided by investing activities (894) 959
FINANCING ACTIVITIES    
Payments of long-term debt (235) (1,860)
Dividends paid (570) (1,350)
Changes in advances from affiliates (592) 4
Net cash used in financing activities (1,397) (3,206)
Net increase in cash, cash equivalents and restricted cash 8 4
Cash, cash equivalents and restricted cash at beginning of period 15 4
Cash, cash equivalents and restricted cash at end of period 23 8
Supplemental cash flow information:    
Income taxes paid, net (557) (473)
Interest paid (net of capitalized interest of $14 and $24) (129) (232)
Sale of property, plant and equipment in exchange for receivable 56 0
Cash, cash equivalents and restricted cash:    
Cash and cash equivalents 2 6
Restricted cash - noncurrent 21 2
Total $ 23 $ 8