XML 16 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Natural gas sales $ 809 $ 543
Services 1,977 2,114
Product sales and other 638 538
Total Revenues 3,424 3,195
Operating Costs, Expenses and Other    
Costs of sales 1,081 731
Operations and maintenance 513 565
Depreciation, depletion and amortization 558 551
General and administrative 181 190
Taxes, other than income taxes 104 108
Loss on impairments and divestitures, net 6 235
Other expense (income), net 1 (1)
Total Operating Costs, Expenses and Other 2,444 2,379
Operating Income 980 816
Other Income (Expense)    
Earnings from equity investments 175 100
Loss on impairments and divestitures of equity investments, net 0 (6)
Amortization of excess cost of equity investments (15) (14)
Interest, net (465) (441)
Other, net 16 13
Total Other Expense (289) (348)
Income Before Income Taxes 691 468
Income Tax Expense (246) (154)
Net Income 445 314
Net (Income) Loss Attributable to Noncontrolling Interests (5) 1
Net Income Attributable to Kinder Morgan, Inc. 440 315
Preferred Stock Dividends (39) (39)
Net Income Available to Common Stockholders $ 401 $ 276
Class P Shares    
Basic Earnings Per Common Share $ 0.18 $ 0.12
Basic Weighted Average Common Shares Outstanding 2,230 2,229
Diluted Earnings Per Common Share $ 0.18 $ 0.12
Diluted Weighted Average Common Shares Outstanding 2,230 2,229
Dividends Per Common Share Declared for the Period $ 0.125 $ 0.125