Current report filing

Consolidated Statements of Cash Flows

v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income $ 335 $ 47
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 105 66
Amortization of debt issuance costs, deferred commitment fees, premium and discount 8 10
Loss on early extinguishment of debt 0 42
Total losses on derivatives, net 42 39
Net cash used for settlement of derivative instruments (3) (13)
Other 2 0
Changes in operating assets and liabilities:    
Accounts and other receivables (50) (11)
Accounts receivable—affiliate 48 59
Advances to affiliate (56) (41)
Inventory 12 17
Accounts payable and accrued liabilities (69) (38)
Due to affiliates (25) (68)
Deferred revenue (18) (11)
Other, net 0 1
Other, net—affiliate 0 16
Net cash provided by operating activities 331 115
Cash flows from investing activities    
Property, plant and equipment, net (194) (524)
Net cash provided by (used in) investing activities (194) (524)
Cash flows from financing activities    
Proceeds from issuances of debt 0 2,314
Repayments of debt 0 (703)
Debt issuance and deferred financing costs 0 (26)
Distributions to owners (249) (25)
Net cash provided by (used in) financing activities (249) 1,560
Net increase (decrease) in cash, cash equivalents and restricted cash (112) 1,151
Cash, cash equivalents and restricted cash—beginning of period 1,589 605
Cash, cash equivalents and restricted cash—end of period $ 1,477 $ 1,756