XML 82 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 675 $ 411
Restricted deposits 53 34
Accounts, notes and interest receivable, net 1,275 914
Inventories 313 110
Gas in underground storage 48 62
Fair value of derivative contracts 161 72
Assets held for sale 2,019 [1] 0 [1]
Other current assets 787 60
Total current assets 5,331 1,663
Property, plant and equipment, net 30,613 17,926
Investments 6,114 3,744
Notes receivable 187 165
Goodwill 23,453 5,074
Other intangibles, net 1,142 1,185
Fair value of derivative contracts 793 698
Deferred charges and other assets 1,942 262
Total Assets 69,575 30,717
Current liabilities    
Current portion of debt 3,271 [2] 2,899 [2]
Cash book overdrafts 28 23
Accounts payable 947 728
Accrued interest 516 330
Accrued taxes 182 38
Deferred revenues 109 100
Fair value of derivative contracts 178 121
Accrued other current liabilities 901 290
Total current liabilities 6,132 4,529
Long-term debt    
Outstanding – KMI (Note 13) 30,953 13,137
Preferred interest in general partner of KMP 100 100
Value of interest rate swaps 2,780 1,119
Total long-term debt 33,833 14,356
Deferred income taxes 3,627 2,199
Fair value of derivative contracts 201 39
Other long-term liabilities and deferred credits 2,592 1,026
Total long-term liabilities and deferred credits 40,253 17,620
Total Liabilities 46,385 22,149
Commitments and contingencies (Notes 4 and 11)      
Stockholders' Equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none outstanding 0 0
Additional paid-in capital 14,807 3,431
Retained deficit (556) (3)
Accumulated other comprehensive loss (42) (115)
Total Kinder Morgan, Inc.'s stockholders' equity 14,220 3,321
Noncontrolling interests 8,970 5,247
Total Stockholders' Equity 23,190 8,568
Total Liabilities and Stockholders' Equity 69,575 30,717
Class P [Member]
   
Stockholders' Equity    
Common Stock 5 2
Class A [Member]
   
Stockholders' Equity    
Common Stock 5 5
Class B [Member]
   
Stockholders' Equity    
Common Stock 1 1
Class C [Member]
   
Stockholders' Equity    
Common Stock 0 0
KMI [Member]
   
Current assets    
Cash and cash equivalents 106 [3] 2 [3]
Property, plant and equipment, net 9,483 [3] 2,330 [3]
Investments 3,955 [4] 398 [4]
Goodwill 22,080 [3] 3,638 [3]
Current liabilities    
Current portion of debt 2,209 [3],[5] 1,261 [3],[5]
Long-term debt    
Outstanding – KMI (Note 13) 14,262 [3] 1,978 [3]
KMP and EPB [Member]
   
Current assets    
Cash and cash equivalents 569 409
Current liabilities    
Current portion of debt 1,062 1,638
Long-term debt    
Outstanding – KMI (Note 13) $ 16,691 $ 11,159
[1] Represents KMP’s FTC Natural Gas Pipelines disposal group and EP’s “Assets held for sale.”
[2] As of June 30, 2012 and December 31, 2011, includes (i) KMI credit facility borrowings of $920 million and $421 million, respectively, and (ii) KMP commercial paper borrowings of $446 million and $645 million, respectively. The June 30, 2012 amount also includes (i) $360 million outstanding under the 364-day bridge facility and (ii) $839 million in principal amount of KMI's 6.50% senior notes due September 1, 2012 and $500 million in principal amount of KMP’s 5.85% senior notes that mature September 15, 2012.
[3] Includes assets and liabilities of KMI's consolidated subsidiaries, excluding KMP and EPB.
[4] Represents our equity investments in unconsolidated subsidiaries, excluding those equity investments of KMP and EPB.
[5] Net of a $10 million note receivable from EPB.