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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues      
Natural gas sales $ 2,514 $ 3,305 $ 3,571
Services 3,637 2,942 2,837
Product sales and other 2,491 1,642 1,331
Total Revenues 8,642 7,889 7,739
Operating Costs, Expenses and Other      
Gas purchases and other costs of sales 2,990 3,278 3,499
Operations and maintenance 1,531 1,490 1,366
Depreciation, depletion and amortization 1,093 928 879
General and administrative 493 473 375
Taxes, other than income taxes 223 174 160
Other expense (income) (28) (11) 0
Total Operating Costs, Expenses and Other 6,302 6,332 6,279
Operating Income 2,340 1,557 1,460
Other Income (Expense)      
Earnings from equity investments 339 224 136
Amortization of excess cost of equity investments (7) (7) (6)
Interest expense (658) (534) (508)
Interest income 23 21 20
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net 0 (167) 0
Other, net 18 18 24
Total Other Income (Expense) (285) (445) (334)
Income from Continuing Operations Before Income Taxes 2,055 1,112 1,126
Income Tax (Expense) Benefit (30) (45) (34)
Income from Continuing Operations 2,025 1,067 1,092
Discontinued operations (Note 2)      
Income from operations of FTC Natural Gas Pipelines disposal group 160 201 235
Loss on remeasurement of FTC Natural Gas Pipelines disposal group to fair value (829) 0 0
Income (Loss) from Discontinued Operations (669) 201 235
Net Income 1,356 1,268 1,327
Net Income Attributable to Noncontrolling Interests (17) (10) (11)
Net Income Attributable to Kinder Morgan Energy Partners, L.P. 1,339 1,258 1,316
Attributable to Kinder Morgan Energy Partners, L.P.:      
Income from Continuing Operations 2,001 1,059 1,083
Pre-acquisition income from operations of drop-down asset group allocated to General Partner (23) 0 0
Drop-down severance expenses allocated to General Partner 9 0 0
Less: General Partner’s Interest (1,410) (1,173) (883)
Limited Partners’ Interest 577 (114) 200
Add: Limited Partners’ Interest in Discontinued Operations (655) 197 231
Limited Partners’ Interest in Net Loss $ (78) $ 83 $ 431
Limited Partners’ Net Income (Loss) per Unit:      
Income (Loss) from Continuing Operations 1.64 (0.35) 0.65
Income (Loss) from Discontinued Operations (1.86) 0.60 0.75
Net Loss (0.22) 0.25 1.40
Weighted Average Number of Units Used in Computation of Limited Partners’ Net Income (Loss) per Unit 351 326 307
Per Unit Cash Distribution Declared (usd per share) $ 4.98 $ 4.61 $ 4.40