Eqt corporation (EQT)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-1,221

-2,007

1,858

-131

321

510

437

196

479

227

156

255

257

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Deferred income tax benefit

-275

-510

-1,050

-180

17

32

110

95

234

153

234

245

33

Depreciation and depletion

1,538

1,729

1,077

927

819

679

676

499

339

270

196

136

109

Amortization of intangible assets

35

77

10

0

0

-

-

-

-

-

-

-

-

Other than temporary impairment of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

7

-

Gain on sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

1

Gain on sale of assets

-

-

-

8

0

34

19

0

-

-

-

-

126

Impairment of long-lived assets and leases

-

-

-

-

-

-

14

5

2

0

-

-

-

Amortization of financing costs and accretion expense

-

-

-

0

-

-

-

-

-

-

-

-

-

Impairment of long-lived assets and leases and exploratory well costs

1,710

2,989

20

75

182

281

-

-

-

-

-

-

-

Impairment of goodwill

0

798

0

0

-

-

-

-

-

-

-

-

-

Unrealized loss on investment in Equitrans Midstream Corporation

-336

-72

0

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

0

0

-12

0

0

2

166

0

202

-

-

-

-

Equity in earnings of nonconsolidated investments

-

-

-

-

-

-

-

-

-

-

-

5

3

Share-based compensation expense

31

25

94

44

58

42

52

40

20

14

6

6

3

Provision for (recoveries of) losses on accounts receivable

-

-

-

3

-1

0

2

-1

1

5

-1

11

0

Amortization, accretion and other

-23

33

25

31

9

6

9

15

34

12

8

6

7

Gain recognized in operating revenues for hedging ineffectiveness

-

-

-

-

-

24

-21

-0

1

4

-

-

-

(Gain) loss on derivatives not designated as hedges

616

-178

390

-248

385

80

2

2

-

-

-

-

-

Cash settlements received (paid) on derivatives not designated as hedges

246

-225

40

279

172

34

1

7

-

-

-

-

-

Net premiums received on derivative instruments

-22

0

0

-

-

-

-

-

-

-

-

-

-

Pension settlement charge

-

-

-

9

0

0

-

-

-

-

-

-

-

Noncash financial instrument put premium

-

-

-

-

-

-

-

-8

-

-

-

-

-

Reimbursements for tenant improvements

-

-

-

-

-

-

-

-

-

-4

-12

-

-

Changes in other assets and liabilities:
Accounts receivable

-432

439

8

165

-131

70

44

48

-14

6

-66

33

-2

Dividend from Nora Gathering, LLC

-

-

-

-

-

-9

-9

-12

-23

-

-

-

-

Excess tax benefits on stock-based compensation

-

-

-

-

22

33

12

0

-

-

-

-

15

Inventory

-

-

-

-

-

-

-

-43

-1

-45

-73

4

14

Prepaid expenses and other

-

-

-

-

-

-

-

-

-22

-126

-11

100

-39

Accounts payable

-238

457

-16

40

-37

30

15

20

42

-36

-107

77

65

Capital expenditures from continuing operations

-

-

-

-

-

-

1,612

1,346

1,232

-

-

-

-

Tax receivable

167

117

12

-34

-

-

-

-

-

-

-

-

-

Derivative instruments, at fair value

-

-

-

-

-

-

-

-

-

-

-56

82

-10

Other current liabilities

-

-

-

-

-

-

-

-

-

-2

33

-58

99

Other items, net

-6

-20

27

-84

-27

47

76

-64

-37

6

-4

-58

26

Net cash provided by operating activities

1,851

2,976

1,637

1,064

1,216

1,414

1,162

796

905

789

725

509

426

Capital expenditures

1,602

2,999

1,559

942

2,434

2,277

114

0

-

1,246

963

1,343

776

Payments to Acquire Businesses, Net of Cash Acquired

0

0

2,379

0

0

-

-

-

-

-

-

-

-

Capital expenditures for other acquisitions

-

-

-

1,061

0

174

-

-

-

-

-

-

-

Sales of investments in trading securities

-

-

-

-

0

0

-

-

-

-

-

-

-

Capital expenditures for discontinued operations

0

732

380

584

-

-

36

28

31

-

-

-

-

Net sales of trading securities

0

0

283

-

-

-

-

-

-

-

-

-

-

Exploratory dry hole costs

0

0

11

1

17

0

0

-

-

-

-

-

-

Net proceeds from the issuance of common shares of EQT Corporation

-

-

-

1,225

0

0

-

-

-

537

-

560

-

Capital contributions to Mountain Valley Pipeline, LLC

0

820

159

-

-

-

-

-

-

-

-

-

28

Net investments in trading securities

-

-

-

284

0

0

-

-

-

-

-

-

-

Sales of interests in Mountain Valley Pipeline, LLC

-

-

-

-

9

0

-

-

-

-

-

-

-

Restricted cash, net

-

-

-

-

0

0

-

-

-

-

-

-

-

Proceeds from sale of assets

0

583

3

75

0

7

740

4

619

-

-

-

-

Capital contributions to Mountain Valley Pipeline, LLC

-

-

-

85

84

0

0

-

-

-

-

-

-

Other investing activities

-1

9

0

0

-

-

-

-

-

-

-

-

-

Proceeds from sale of energy marketing contracts

-

-

-

-

-

-

23

0

-

-

-

-

-

Capital contributions to Nora Gathering LLC

-

-

-

-

-

-

-

-

-

-

6

29

-

Proceeds from contribution of assets

-

-

-

-

-

-

-

-

-

-

-

-

23

Tenant improvements

-

-

-

-

-

-

-

-

-

4

12

-

-

Proceeds from sale of available-for-sale securities

-

-

-

-

-

-

-

-

29

12

-

-

7

Net cash used in investing activities

-1,601

-3,979

-4,202

-2,886

-2,525

-2,444

-999

-1,370

-614

-1,239

-985

-1,375

-590

Cash flows from financing activities:
Repayment of borrowings on credit facilities

-

-

-

1,039

318

450

178

0

-

-

-

-

-

Proceeds from borrowings on credit facility

2,978

8,637

2,063

-

-

450

178

0

-53

48

-314

-130

314

Repayment of borrowings on credit facility

3,484

8,953

1,076

-

-

-

-

-

-

-

-

-

-

Proceeds from dispositions

-

-

-

-

-

-

-

-

-

-

-

-

193

Investment in available-for-sale securities

-

-

-

-

-

-

-

-

-

0

3

3

9

Net proceeds from the issuance of common units of EQM Midstream Partners, LP

-

-

-

217

1,182

902

529

276

-

-

-

-

-

Proceeds from the sale of common units of EQT GP Holdings, LP, net of issuance costs

-

-

-

-

673

0

0

-

-

-

-

-

-

Proceeds from issuance of debt

0

2,500

3,000

500

0

-

-

-

-

-

-

-

-

Increase in borrowings on credit facilities

-

-

-

740

617

-

-

-

-

-

-

-

-

Proceeds from borrowings on term loan facility

1,000

0

0

-

-

500

0

0

750

-

700

500

69

Debt issuance costs

0

40

41

8

0

12

0

4

11

10

6

6

-

Repayments and retirements of debt

704

8

2,000

5

169

11

23

219

15

-

4

-

10

Premiums paid on debt extinguishment

0

0

89

0

0

-

-

-

-

-

-

-

-

Dividends paid

30

31

20

20

18

18

18

131

131

127

115

111

107

Proceeds and excess tax benefits from awards under employee compensation plans

0

1

0

6

36

52

45

7

2

2

1

1

3

Cash paid for taxes related to net settlement of share-based incentive awards

7

22

72

26

47

51

0

0

-

-

-

-

-

Repurchase and retirement of common stock

0

538

0

0

-

-

-

-

-

-

-

-

-

Repurchase of common stock

0

0

0

0

3

32

0

0

-

-

-

-

-

Distributions to noncontrolling interests

0

380

236

189

121

67

32

5

-

-

-

-

-

Contribution to Strike Force Midstream LLC by minority owner, net of distribution

0

0

6

0

0

-

-

-

-

-

-

-

-

Acquisition of 25% of Strike Force Midstream LLC

0

175

0

0

-

-

-

-

-

-

-

-

-

Net cash transferred at Separation and Distribution

0

129

0

0

-

-

-

-

-

-

-

-

-

Repayments of note payable to Nora Gathering, LLC

-

-

-

-

-

-

-

-

-

-

-

29

40

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

15

Net cash used in financing activities

-249

859

1,533

1,399

1,832

1,261

500

-75

540

449

259

785

245

Net change in cash and cash equivalents

1

-143

-1,031

-422

523

231

663

-649

831

-

-

-81

81

Cash paid (received) during the period for:
Interest, net of amount capitalized

-

-

-

144

147

128

143

187

129

127

107

51

48

Income taxes, net

-

-

-

-41

95

204

163

27

47

-129

-120

-13

63

Noncash activity during the year for:
Increase in Mountain Valley Pipeline, LLC investment/payable for capital contributions

-

-

-

-

-

0

-

-

-

-

-

-

-