| | |
Public Offering
Price(1) |
| |
Underwriting
Discount |
| |
Proceeds to
Us(1) |
| |||||||||
Per Note due 2029
|
| | | | 99.834% | | | | | | 0.350% | | | | | | 99.484% | | |
Total
|
| | | $ | 1,247,925,000 | | | | | $ | 4,375,000 | | | | | $ | 1,243,550,000 | | |
Per Note due 2034
|
| | | | 99.687% | | | | | | 0.450% | | | | | | 99.237% | | |
Total
|
| | | $ | 996,870,000 | | | | | $ | 4,500,000 | | | | | $ | 992,370,000 | | |
|
IMI — Intesa Sanpaolo
|
| |
Regions Securities LLC
|
|
| | | | | S-1 | | | |
| | | | | S-6 | | | |
| | | | | S-7 | | | |
| | | | | S-8 | | | |
| | | | | S-9 | | | |
| | | | | S-12 | | | |
| | | | | S-17 | | | |
| | | | | S-25 | | | |
| | | | | S-25 | | |
| | | | | 1 | | | |
| | | | | 1 | | | |
| | | | | 2 | | | |
| | | | | 2 | | | |
| | | | | 2 | | | |
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| | | | | 17 | | | |
| | | | | 21 | | | |
| | | | | 21 | | | |
| | | | | 23 | | | |
| | | | | 23 | | |
| | |
Year Ended December 31,
|
| | | | | | | | | | | | | |||||||||
| | |
2023
|
| |
2022
|
| |
increase/(decrease)
|
| |||||||||||||||
| | |
(In millions, except percentages; unaudited)
|
| |||||||||||||||||||||
Revenues
|
| | | $ | 15,334 | | | | | $ | 19,200 | | | | | $ | (3,866) | | | | | | (20)% | | |
Operating income
|
| | | | 4,263 | | | | | | 4,065 | | | | | | 198 | | | | | | 5% | | |
Net income attributable to Kinder Morgan, Inc.
|
| | | | 2,391 | | | | | | 2,548 | | | | | | (157) | | | | | | (6)% | | |
| | |
Year Ended December 31,
|
| | | | | | | | | | | | | |||||||||
| | |
2023
|
| |
2022
|
| |
increase/(decrease)
|
| |||||||||||||||
| | |
(In millions, except percentages; unaudited)
|
| |||||||||||||||||||||
Segment EBDA(a) | | | | | | | | | | | | | | | | | | | | | | | | | |
Natural Gas Pipelines
|
| | | $ | 5,282 | | | | | $ | 4,801 | | | | | $ | 481 | | | | | | 10% | | |
Products Pipelines
|
| | | | 1,062 | | | | | | 1,107 | | | | | | (45) | | | | | | (4)% | | |
Terminals
|
| | | | 1,040 | | | | | | 975 | | | | | | 65 | | | | | | 7% | | |
CO2
|
| | | | 689 | | | | | | 819 | | | | | | (130) | | | | | | (16)% | | |
| | |
December 31,
|
| |||||||||
| | |
2023
|
| |
2022
|
| ||||||
| | |
(In millions; unaudited)
|
| |||||||||
Cash and cash equivalents
|
| | | $ | 83 | | | | | $ | 745 | | |
Total assets
|
| | | $ | 71,021 | | | | | $ | 70,078 | | |
Total debt principal outstanding, including short-term(a)
|
| | | $ | 31,929 | | | | | $ | 31,673 | | |
Total stockholders’ equity
|
| | | $ | 31,730 | | | | | $ | 32,114 | | |
| | |
September 30, 2023
|
| |||||||||
| | |
Historical
|
| |
As Adjusted
|
| ||||||
| | |
(Unaudited)
(Dollars in millions) |
| |||||||||
Cash and cash equivalents(1)
|
| | | $ | 80 | | | | | $ | 2,310 | | |
Outstanding debt(2) | | | | | | | | | | | | | |
Credit facility
|
| | | $ | — | | | | | $ | — | | |
Commercial paper(3)
|
| | | | 320 | | | | | | 320 | | |
Other current debt
|
| | | | 2,810 | | | | | | 2,810 | | |
Current portion of long-term debt
|
| | | | 3,130 | | | | | | 3,130 | | |
Long-term debt, excluding current portion
|
| | | | 27,863 | | | | | | 27,863 | | |
Notes offered hereby
|
| | | | — | | | | | | 2,250 | | |
Total outstanding debt
|
| | | | 30,993 | | | | | | 33,243 | | |
Stockholders’ equity
|
| | | | 30,676 | | | | | | 30,676 | | |
Accumulated other comprehensive loss
|
| | | | (418) | | | | | | (418) | | |
Noncontrolling interests
|
| | | | 1,323 | | | | | | 1,323 | | |
Total stockholders’ equity
|
| | | | 31,581 | | | | | | 31,581 | | |
Total capitalization
|
| | | $ | 62,574 | | | | | $ | 64,824 | | |
Underwriters
|
| |
Principal Amount
of Notes due 2029 |
| |
Principal Amount
of Notes due 2034 |
| ||||||
Mizuho Securities USA LLC
|
| | | $ | 171,875,000 | | | | | $ | 137,500,000 | | |
SMBC Nikko Securities America, Inc.
|
| | | | 171,875,000 | | | | | | 137,500,000 | | |
TD Securities (USA) LLC
|
| | | | 171,875,000 | | | | | | 137,500,000 | | |
Wells Fargo Securities, LLC
|
| | | | 171,875,000 | | | | | | 137,500,000 | | |
BMO Capital Markets Corp.
|
| | | | 84,375,000 | | | | | | 67,500,000 | | |
CIBC World Markets Corp.
|
| | | | 84,375,000 | | | | | | 67,500,000 | | |
Citigroup Global Markets Inc.
|
| | | | 84,375,000 | | | | | | 67,500,000 | | |
Credit Agricole Securities (USA) Inc.
|
| | | | 84,375,000 | | | | | | 67,500,000 | | |
Truist Securities, Inc.
|
| | | | 84,375,000 | | | | | | 67,500,000 | | |
U.S. Bancorp Investments, Inc.
|
| | | | 84,375,000 | | | | | | 67,500,000 | | |
Intesa Sanpaolo IMI Securities Corp.
|
| | | | 28,125,000 | | | | | | 22,500,000 | | |
Regions Securities LLC
|
| | | | 28,125,000 | | | | | | 22,500,000 | | |
Total | | | | $ | 1,250,000,000 | | | | | $ | 1,000,000,000 | | |
| | |
Per Note
|
| |
Total
|
| ||||||
Notes due 2029
|
| | | | 0.350% | | | | | $ | 4,375,000 | | |
Notes due 2034
|
| | | | 0.450% | | | | | $ | 4,500,000 | | |
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| | | | | 23 | | |
Exhibit 107
Calculation of Filing Fee Tables
424(b)(2)
(Form Type)
Kinder
Morgan, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
Security Type | Security Class Title |
Fee Calculation or Carry Forward Rule |
Amount Registered |
Proposed Maximum Offering Price Per Unit |
Maximum Aggregate Offering Price |
Fee Rate | Amount of Registration Fee |
Carry Forward Form Type |
Carry Forward File Number |
Carry Forward Initial effective date |
Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |
Newly Registered Securities | ||||||||||||
Fees to Be Paid | Debt | 5.000% Senior Notes due 2029 | 457(r) | $1,250,000,000 | 99.834% | $1,247,925,000 | 0.0001476 | $184,193.73 | ||||
Fees to Be Paid
|
Debt | 5.400% Senior Notes due 2034 | 457(r) | $1,000,000,000 | 99.687% | $996,870,000 | 0.0001476 | $147,138.01 | ||||
Fees Previously Paid | ||||||||||||
Carry Forward Securities | ||||||||||||
Carry Forward Securities | ||||||||||||
Total Offering Amounts | $2,244,795,000 | $331,331.74 | ||||||||||
Total Fees Previously Paid | ||||||||||||
Total Fee Offsets | ||||||||||||
Net Fee Due | $331,331.74 |