Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Net income (loss) $ 1,274 $ 490 $ (171)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization expense 424 339 156
Amortization of debt issuance costs, deferred commitment fees, premium and discount 30 36 30
Loss on modification or extinguishment of debt 12 67 72
Total losses (gains) on derivatives, net 87 20 (48)
Net cash provided by (used for) settlement of derivative instruments 32 (16) (8)
Other 13 8 1
Changes in operating assets and liabilities:      
Accounts and other receivables (122) (101) (90)
Accounts receivable—affiliate 47 (62) (98)
Advances to affiliate (84) (12) 0
Inventory (5) 13 (58)
Accounts payable and accrued liabilities 183 210 167
Due to affiliates (6) (42) 11
Deferred revenue 3 34 42
Other, net (12) (5) (7)
Other, net—affiliate (2) (2) 1
Net cash provided by operating activities 1,874 977 0
Cash flows from investing activities      
Property, plant and equipment, net (804) (1,290) (2,315)
Other 0 0 (38)
Net cash provided by (used in) investing activities (804) (1,290) (2,353)
Cash flows from financing activities      
Proceeds from issuances of debt 1,100 3,814 8,003
Repayments of debt (1,090) (2,173) (5,251)
Debt issuance and deferred financing costs (8) (50) (115)
Debt extinguishment costs (7) 0 (14)
Distributions to owners (1,113) (294) (99)
Net cash provided by (used in) financing activities (1,118) 1,297 2,524
Net increase (decrease) in cash, cash equivalents and restricted cash (48) 984 171
Cash, cash equivalents and restricted cash—beginning of period 1,589 605 434
Cash, cash equivalents and restricted cash—end of period $ 1,541 $ 1,589 $ 605