Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net income (loss) $ 93 $ (175)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 152 48
Amortization of debt issuance costs, deferred commitment fees, premium and discount 19 11
Loss on early extinguishment of debt 42 28
Total losses on derivatives, net 43 48
Net cash used for settlement of derivative instruments (16) (4)
Changes in operating assets and liabilities:    
Accounts and other receivables (47) (71)
Accounts receivable—affiliate 59 1
Advances to affiliate (19) 1
Inventory 12 (17)
Accounts payable and accrued liabilities 68 47
Due to affiliates (57) (3)
Deferred revenue (10) (2)
Other, net (13) (9)
Other, net—affiliate (2) (1)
Net cash provided by (used in) operating activities 324 (98)
Cash flows from investing activities    
Property, plant and equipment, net (898) (1,224)
Other 0 (39)
Net cash used in investing activities (898) (1,263)
Cash flows from financing activities    
Proceeds from issuances of debt 2,314 3,365
Repayments of debt (703) (1,842)
Debt issuance and deferred financing costs (29) (70)
Distributions to owners (50) (50)
Net cash provided by financing activities 1,532 1,403
Net increase in cash, cash equivalents and restricted cash 958 42
Cash, cash equivalents and restricted cash—beginning of period 605 434
Cash, cash equivalents and restricted cash—end of period $ 1,563 $ 476