| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Proceeds from Contributions from Parent | ||||||
74 | 41 | 0 | 225 | 1 | 0 | - |
Operating activities: | ||||||
Net income/(loss) | ||||||
1,462 | 2,006 | 836 | 434 | 333 | 239 | 211 |
Adjustments to reconcile net income/(loss) to net cash provided by operating activities: | ||||||
Amortization of deferred financing costs | ||||||
42 | 55 | 53 | 46 | 5 | 1 | - |
Depreciation and amortization | ||||||
1,254 | 867 | 683 | 591 | 129 | 75 | 70 |
Goodwill and Intangible Asset Impairment | ||||||
1,197 | 0 | 0 | 130 | 0 | 0 | - |
Deferred income taxes | ||||||
-2 | 8 | -1 | -17 | 1 | 0 | 0 |
Asset retirement expenditures | ||||||
1 | 7 | 2 | 6 | 1 | 2 | 8 |
(Gain)/loss on disposal of assets | ||||||
6 | -3 | 0 | 1 | 0 | 0 | 0 |
Loss/(income) from equity method investments(2) | ||||||
290 | 247 | 78 | -74 | 3 | 0 | 0 |
Distributions from unconsolidated affiliates | ||||||
525 | 412 | 241 | 148 | 15 | 0 | 0 |
Changes in: | ||||||
Current receivables | ||||||
-17 | 104 | -8 | 52 | 29 | -2 | -6 |
Inventories | ||||||
9 | 5 | 3 | 8 | -1 | -1 | -1 |
Fair value of derivatives | ||||||
-2 | 10 | -6 | -43 | 6 | 0 | 0 |
Current accounts payable and accrued liabilities | ||||||
-59 | 88 | 48 | 102 | 5 | 1 | -3 |
Current assets/current liabilities - related parties | ||||||
163 | 61 | -55 | 19 | 34 | -15 | -19 |
Increase (Decrease) in Other Operating Assets and Liabilities, Net | ||||||
-4 | 0 | 0 | - | - | - | - |
Prepaid other current assets from related parties | ||||||
- | - | - | 0 | 0 | - | - |
Deferred revenue | ||||||
100 | 61 | 33 | 10 | 4 | - | - |
All other, net | ||||||
9 | 5 | 28 | 16 | 7 | 2 | 1 |
Net cash provided by operating activities | ||||||
4,082 | 3,071 | 1,907 | 1,491 | 427 | 334 | 297 |
Investing activities: | ||||||
Additions to property, plant and equipment | ||||||
2,408 | 2,111 | 1,411 | 1,313 | 334 | 141 | 151 |
Issuance of redeemable preferred units | ||||||
- | - | - | 984 | 0 | 0 | - |
Issuance of units in MarkWest Merger | ||||||
- | - | - | - | 169 | - | 0 |
Proceeds from Contributions from Affiliates | ||||||
6 | - | - | - | 1,230 | 0 | 0 |
Proceeds from Contributions from Affiliates | ||||||
- | 451 | 249 | 0 | 1,218 | 0 | 0 |
Investments - net related party loans | ||||||
0 | 0 | -80 | 17 | 118 | 0 | 0 |
Disposal of assets | ||||||
30 | 8 | 7 | 1 | 0 | 0 | - |
Investments in unconsolidated affiliates | ||||||
713 | 341 | 761 | 87 | 14 | 0 | 0 |
Distributions from unconsolidated affiliates - return of capital | ||||||
18 | 16 | 26 | 0 | 0 | - | - |
All other, net | ||||||
-4 | -1 | 0 | 1 | 2 | -4 | 7 |
Net cash used in investing activities | ||||||
-3,063 | -2,878 | -2,308 | -1,417 | -1,686 | -137 | -158 |
Financing activities: | ||||||
Long-term debt - borrowings | ||||||
9,174 | 13,476 | 2,911 | 434 | 1,490 | 1,160 | 0 |
Long-term debt - repayments | ||||||
7,924 | 6,946 | 416 | 1,312 | 1,441 | 526 | 1 |
Related party debt - borrowings | ||||||
9,313 | 3,962 | 2,369 | 2,532 | 301 | 0 | 0 |
Related party debt - repayments | ||||||
8,719 | 4,347 | 1,983 | 2,540 | 293 | 0 | 0 |
Distributions to noncontrolling interests | ||||||
30 | 17 | 7 | 3 | 1 | 47 | 82 |
Debt issuance costs | ||||||
20 | 76 | 29 | 0 | 11 | 3 | 0 |
Net proceeds from equity offerings | ||||||
0 | 0 | 483 | 792 | 1 | 230 | 0 |
Distributions to preferred unitholders | ||||||
- | - | 65 | 25 | 0 | 0 | - |
Distributions of cash received from joint-interest acquisition entities to MPC | ||||||
- | - | - | - | 0 | 25 | 41 |
Distributions to MPC for acquisitions | ||||||
0 | 4,111 | 1,951 | 0 | 0 | - | - |
Distributions related to purchase of additional interest in Pipe Line Holdings | ||||||
- | - | - | - | 12 | 910 | 100 |
Distributions to MPC from Predecessor | ||||||
0 | 0 | 113 | 104 | 0 | - | - |
Distributions to unitholders and general partner | ||||||
2,435 | 1,819 | 1,120 | 845 | 158 | 103 | 78 |
Contributions from noncontrolling interests | ||||||
95 | 11 | 129 | 6 | 0 | 0 | - |
Consideration payment to Class B unitholders | ||||||
0 | 0 | 25 | 25 | 0 | 0 | - |
All other, net | ||||||
-13 | 19 | -12 | -6 | -1 | 0 | - |
Net cash used in financing activities | ||||||
-1,089 | -117 | 171 | 113 | 1,275 | -224 | -302 |
Net (decrease)/increase in cash, cash equivalents and restricted cash | ||||||
-70 | 76 | -230 | 187 | 16 | -27 | -163 |