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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Natural gas sales $ 735 $ 584
Services 1,188 761
Product sales and other 738 503
Total Revenues 2,661 1,848
Operating Costs, Expenses and Other    
Cost of Sales 957 580
Operations and maintenance 384 306
Depreciation, depletion and amortization 328 239
General and administrative 134 107
Taxes, other than income taxes 74 50
Total Operating Costs, Expenses and Other 1,877 1,282
Operating Income 784 566
Other Income (Expense)    
Earnings from equity investments 83 65
Amortization of excess cost of equity investments (2) (2)
Interest expense (199) (135)
Gain on sale of investments in Express pipeline system 225 0
Other, net 4 1
Total Other Income (Expense) 111 (71)
Income from Continuing Operations Before Income Taxes 895 495
Income Tax (Expense) Benefit (101) (15)
Income from Continuing Operations 794 480
Discontinued operations (Note 1 and 2)    
Income from operations of FTC Natural Gas Pipelines disposal group 0 50
Loss on remeasurement of FTC Natural Gas Pipelines disposal group to fair value (2) (322)
Income (Loss) from Discontinued Operations (2) (272)
Net Income 792 208
Net Income Attributable to Noncontrolling Interests (9) (2)
Net Income Attributable to Kinder Morgan Energy Partners, L.P. 783 206
Attributable to Kinder Morgan Energy Partners, L.P.:    
Income from Continuing Operations 785 475
Pre-acquisition income from operations of drop-down asset group allocated to General Partner (19) 0
Drop-down severance expenses allocated to General Partner 2 0
Less: General Partner’s Interest (402) (321)
Limited Partners’ Interest 366 154
Add: Limited Partners’ Interest in Discontinued Operations (2) (266)
Limited Partners’ Interest in Net Loss $ 364 $ (112)
Limited Partners’ Net Income (Loss) per Unit:    
Income (Loss) from Continuing Operations 0.97 0.46
Income (Loss) from Discontinued Operations 0.00 (0.79)
Net Income (Loss) - Basic and Diluted 0.97 (0.33)
Weighted Average Number of Units Used in Computation of Limited Partners’ Net Income (Loss) per Unit 376 338
Per Unit Cash Distribution Declared (usd per share) $ 1.30 $ 1.20