XML 15 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Revenues $ 3,517 $ 3,281 $ 10,363 $ 10,073
Operating Costs, Expenses and Other        
Costs of sales 1,135 1,007 3,222 3,138
Operations and maintenance 646 609 1,882 1,698
Depreciation, depletion and amortization 569 562 1,710 1,697
General and administrative 154 168 491 509
Taxes, other than income taxes 86 102 259 297
(Gain) loss on divestitures and impairments, net (588) 7 65 13
Other income, net 0 0 (2) 0
Total Operating Costs, Expenses and Other 2,002 2,455 7,627 7,352
Operating Income 1,515 826 2,736 2,721
Other Income (Expense)        
Earnings from equity investments 160 167 708 477
Loss on impairment of equity investment 0 0 (270) 0
Amortization of excess cost of equity investments (21) (15) (77) (45)
Interest, net (473) (459) (1,456) (1,387)
Other, net 20 28 90 71
Total Other Expense (314) (279) (1,005) (884)
Income Before Income Taxes 1,201 547 1,731 1,837
Income Tax Expense (196) (160) (314) (622)
Net Income 1,005 387 1,417 1,215
Net Income Attributable to Noncontrolling Interests (273) (14) (302) (26)
Net Income Attributable to Kinder Morgan, Inc. 732 373 1,115 1,189
Preferred Stock Dividends (39) (39) (117) (117)
Net Income Available to Common Stockholders $ 693 $ 334 $ 998 $ 1,072
Class P Shares        
Basic and Diluted Earnings Per Common Share $ 0.31 $ 0.15 $ 0.45 $ 0.48
Basic and Diluted Weighted Average Common Shares Outstanding 2,205 2,231 2,205 2,230
Dividends Per Common Share Declared for the Period $ 0.200 $ 0.125 $ 0.600 $ 0.375
Natural gas sales        
Revenues        
Revenues $ 799 $ 714 $ 2,353 $ 2,281
Services        
Revenues        
Revenues 1,959 1,938 5,910 5,855
Product sales and other        
Revenues        
Revenues $ 759 $ 629 $ 2,100 $ 1,937