Intangibles (Tables)

9 Months Ended

Sep. 30, 2011

Intangibles - (Tables) [Abstract]

Goodwill

Changes in the gross amounts of our goodwill and accumulated impairment losses for the nine months ended September 30, 2011 are summarized as follows (in millions):

	Products Pipelines		Natural Gas Pipelines		CO2		Terminals			Kinder Morgan Canada			Total
Historical Goodwill.	$	263.2	$	337.0	$	46.1	$	337.9		$	626.5		$	1,610.7
Accumulated impairment losses(a).		-		-		-		-			(377.1	)		(377.1	)
Balance as of December 31, 2010		263.2		337.0		46.1		337.9			249.4			1,233.6
Acquisitions(b).		-		94.2		-		-			-			94.2
Disposals(c).		-		-		-		(11.8	)		-			(11.8	)
Impairments		-		-		-		-			-			-
Currency translation adjustments		-		-		-		-			(12.7	)		(12.7	)
Balance as of September 30, 2011	$	263.2	$	431.2	$	46.1	$	326.1		$	236.7		$	1,303.3

__________

(a)	On April 18, 2007, we announced that we would acquire the Trans Mountain pipeline system from KMI, and we completed this transaction on April 30, 2007.  Following the provisions of U.S. generally accepted accounting principles, the consideration of this transaction caused KMI to consider the fair value of the Trans Mountain pipeline system, and to determine whether goodwill related to these assets was impaired.  Based on this determination, KMI recorded a goodwill impairment charge of $377.1 million in the first quarter of 2007, and because we have included all of the historical results of Trans Mountain as though the net assets had been transferred to us on January 1, 2006, this impairment is now included in our accumulated impairment losses. We have no other goodwill impairment losses.
(b)	2011 acquisition amount relates to our July 2011 purchase of the remaining 50% ownership interest in KinderHawk Field Services LLC that we did not already own (discussed further in Note 2).
(c)	2011 disposal amount consists of (i) $10.6 million related to the sale of our ownership interest in the boat fleeting business we acquired from Megafleet Towing Co., Inc. in April 2009; and (ii) $1.2 million related to the sale of our subsidiary Arrow Terminals B.V. (both discussed further in Note 2).

Other Intangibles

Other Intangibles

Excluding goodwill, our other intangible assets include customer relationships, contracts and agreements, lease value, and technology-based assets.  These intangible assets have definite lives and are reported separately as "Other intangibles, net" in our accompanying consolidated balance sheets.  Following is information related to our intangible assets subject to amortization (in millions):

	September 30, 2011			December 31, 2010
Customer relationships, contracts and agreements
Gross carrying amount	$	1,312.7		$	399.8
Accumulated amortization		(152.0	)		(112.0	)
Net carrying amount		1,160.7			287.8
Lease value, technology-based assets and other
Gross carrying amount		10.6			17.9
Accumulated amortization		(3.8	)		(3.5	)
Net carrying amount		6.8			14.4
Total Other intangibles, net	$	1,167.5		$	302.2