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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows From Operating Activities    
Net income $ 737 $ 789
Adjustments to reconcile net income to net cash provided by operating activities    
Loss on remeasurement of FTC Natural Gas Pipelines disposal group to fair value 827 0
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain 0 167
Depreciation, depletion, and amortization 803 705
Amortization of excess cost of equity investments 5 5
Noncash compensation expense allocated from parent (Note 8) 0 90
Earnings from equity investments (289) (214)
Distributions from equity investments 277 201
Proceeds from termination of interest rate swap agreements 53 73
Changes in components of working capital    
Accounts receivable (40) 28
Inventories (98) 9
Other current assets 13 (2)
Accounts payable 41 (9)
Cash book overdrafts 42 9
Accrued interest (138) (143)
Accrued taxes 74 47
Accrued liabilities 49 (2)
Rate reparations, refunds and other litigation reserve adjustments (42) 161
Other, net 0 70
Net Cash Provided by Operating Activities 2,314 1,984
Cash Flows From Investing Activities    
Payment to parent as consideration for assets dropped down (3,482) 0
Acquisitions of assets and investments (72) (945)
Repayments from related party 42 29
Capital expenditures (1,273) (838)
Sale or casualty of property, plant and equipment, and other net assets, net of removal costs 36 29
(Investments in) Net proceeds from margin and restricted deposits (16) 56
Contributions to equity investments (155) (297)
Distributions from equity investments in excess of cumulative earnings 120 165
Refined products, natural gas liquids and transmix line-fill 14 3
Payments for (Proceeds from) Other Investing Activities 0 1
Net Cash Used in Investing Activities (4,786) (1,797)
Cash Flows From Financing Activities    
Issuance of debt 8,378 6,356
Payment of debt (5,074) (5,538)
Debt issue costs (16) (17)
Proceeds from issuance of common units 387 813
Proceeds from issuance of i-units 727 0
Contributions from noncontrolling interests 40 15
Common units (847) (762)
Class B units (19) (18)
General Partner (970) (859)
Noncontrolling interests (23) (20)
Proceeds from (Payments for) Other Financing Activities (1) 0
Net Cash Used in Financing Activities 2,582 (30)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 13 (15)
Net increase in Cash and Cash Equivalents 123 142
Cash and Cash Equivalents, beginning of period 409 129
Cash and Cash Equivalents, end of period 532 271
Noncash Investing and Financing Activities    
Net assets acquired in asset drop down 6,371 0
Assets acquired or liabilities settled by the issuance of common units 686 24
Assets acquired by the assumption or incurrence of liabilities 0 180
Contribution of net assets to investments 0 8
Sale of investment ownership interest in exchange for note 0 4
Supplemental Disclosures of Cash Flow Information    
Cash paid during the period for interest (net of capitalized interest) 586 510
Net cash paid during the period for income taxes $ 16 $ 9