(In millions) | 2013 | 2012 | 2011 | ||||||||
Net cash provided by operating activities included: | |||||||||||
Interest paid (net of amounts capitalized) | $ | 161 | $ | 67 | $ | 5 | |||||
Net income taxes paid to taxing authorities(a) | 1,099 | 1,211 | 617 | ||||||||
Non-cash investing and financing activities: | |||||||||||
Capital lease obligations increase | $ | 61 | $ | 62 | $ | 26 | |||||
Property, plant and equipment contributed by Marathon Oil | — | — | 81 | ||||||||
Property, plant and equipment sold | 43 | — | — | ||||||||
Preferred equity interest received in contract settlement(b) | — | 45 | — | ||||||||
Preferred equity interest dividend received in-kind | — | 1 | — | ||||||||
Acquisitions: | |||||||||||
Contingent consideration(c) | 600 | — | — | ||||||||
Payable to seller(c) | 6 | — | — | ||||||||
Intangible asset acquired | — | 3 | — | ||||||||
Liability assumed | — | 2 | — | ||||||||
(a) | U.S. and most state income taxes, if incurred, were paid by Marathon Oil for periods prior to the Spinoff. The amount for 2012 includes payments of $181 million for 2011 return period income taxes made to Marathon Oil under our tax sharing agreement, and in return we received an equal amount of tax credits. See Note 25. |
(b) | See Note 6. |
(c) | See Note 5. |
(In millions) | 2013 | 2012 | 2011 | ||||||||
Additions to property, plant and equipment | $ | 1,206 | $ | 1,369 | $ | 1,185 | |||||
Acquisitions(a) | 1,386 | 180 | 74 | ||||||||
Increase (decrease) in capital accruals | 73 | (117 | ) | 53 | |||||||
Total capital expenditures | $ | 2,665 | $ | 1,432 | $ | 1,312 | |||||
(a) | Includes $1.36 billion in 2013 for the acquisition of the Galveston Bay Refinery and Related Assets, comprised of total consideration, excluding inventory and other current assets, of $1.15 billion plus assumed liabilities of $210 million. The 2012 acquisitions exclude the inventory acquired and liability assumed. See Note 5. |
(In millions) | 2011 | ||
Distributions to Marathon Oil per consolidated statements of cash flows | $ | (783 | ) |
Non-cash contributions from Marathon Oil(a) | 57 | ||
Distributions to Marathon Oil per consolidated statements of equity / net investment | $ | (726 | ) |
(a) | See Note 7. |