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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2012
Business Combinations [Abstract]  
Business Acquisition, Purchase Price
The following is the purchase price for EP (in millions, except per share and per warrant amounts):
Cash portion of purchase price
$
11,551

 
 
Total KMI Class P shares issued
330

KMI Class P share price as of May 24, 2012
$
32.11

Fair value of KMI Class P shares portion of purchase price
$
10,601

 
 
Total KMI warrants issued
505

KMI warrant fair value per warrant as of May 24, 2012
$
1.71

Fair value of KMI warrants portion of purchase price
$
863

Total consideration paid (excluding debt assumed)
23,015

Less: EP share based awards expensed in the 37 day period after May 25, 2012
(87
)
 
 
Total Purchase Price
$
22,928

Schedule of Purchase Price Allocation
The preliminary allocation of the purchase price is as follows (in millions):
Purchase Price Allocation:
 
 
 
Current assets
$
7,175

 
Goodwill (a)
 
18,382

 
Investments (b)
 
4,201

 
Property, plant and equipment, net (c)
 
12,931

 
Deferred charges and other assets (d)
 
1,506

 
Current liabilities
 
(1,426
)
 
Deferred income taxes (e)
 
(869
)
 
Other deferred credits
 
(1,716
)
 
Long-term debt (f)
 
(13,459
)
 
  Net assets acquired
 
26,725

 
Less: Fair value of noncontrolling interests (g)
 
(3,797
)
 
Total Purchase Price
$
22,928

 
Business Acquisition, Pro Forma Information
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2012
 
2011
 
2012
 
2011
Revenues
$
2,575

 
$
2,646

 
$
5,200

 
$
5,309

(Loss) income from continuing operations
$
(245
)
 
$
208

 
$
179

 
$
518

Income from discontinued operations
$
1,767

 
$
215

 
$
1,410

 
$
238

Net income attributable to Kinder Morgan, Inc.
$
1,606

 
$
396

 
$
1,701

 
$
606

Class P shares
 
 
 
 
 
 
 
Basic earnings per common share
$
1.55

 
$
0.38

 
$
1.64

 
$
0.58

Diluted earnings per common share
$
1.55

 
$
0.38

 
$
1.64

 
$
0.58

Class A shares
 
 
 
 
 
 
 
Basic earnings per common share
$
1.52

 
$
0.36

 
$
1.59

 
$
0.56

Diluted earnings per common share
$
1.52

 
$
0.36

 
$
1.59

 
$
0.56

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures