Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v3.19.3
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 727 $ 923
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 390 318
Amortization of debt issuance costs, deferred commitment fees, premium and discount 23 24
Loss on modification or extinguishment of debt 13 12
Total losses (gains) on derivatives, net (30) 29
Net cash provided by (used for) settlement of derivative instruments 11 0
Impairment expense and loss on disposal of assets 6 8
Other 8 5
Changes in operating assets and liabilities:    
Accounts and other receivables 36 (33)
Accounts receivable—affiliate 47 140
Advances to affiliate (47) (79)
Inventory (3) 6
Accounts payable and accrued liabilities (209) (77)
Due to affiliates (3) (5)
Deferred revenue 54 6
Other, net (42) (10)
Other, net—affiliate (4) (3)
Net cash provided by operating activities 977 1,264
Cash flows from investing activities    
Property, plant and equipment, net (1,156) (578)
Other (1) 0
Net cash used in investing activities (1,157) (578)
Cash flows from financing activities    
Proceeds from issuances of debt 2,230 1,100
Repayments of debt (730) (1,090)
Debt issuance and deferred financing costs (33) (8)
Debt extinguishment costs (4) (6)
Distributions to owners (935) (814)
Other 3 0
Net cash provided by (used in) financing activities 531 (818)
Net increase (decrease) in cash, cash equivalents and restricted cash 351 (132)
Cash, cash equivalents and restricted cash—beginning of period 1,541 1,589
Cash, cash equivalents and restricted cash—end of period $ 1,892 $ 1,457