KINDER MORGAN, INC. KMI Cash Flow

Kinder morgan, inc. (KMI)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash Flows From Operating Activities
Net (loss) income
2,239	1,919	223	721	208	2,443	2,692	427	660	300	773
Adjustments to reconcile net (loss) income to net cash provided by operating activities
Depreciation, depletion and amortization
2,411	2,297	2,261	2,209	2,309	2,040	1,806	1,426	1,092	1,079	1,070
Deferred income taxes
717	405	2,073	1,087	692	615	640	47	84	-8	52
Other Depreciation and Amortization
83	95	61	59	51	45	39	23	7	6	5
Change in fair market value of derivative contracts
22	-77	-40	-64	166	-	-	-	-	-	-
Loss (gain) on impairments and disposals of long-lived assets and equity investments, net
-	-	-	-	-	-	-33	-	-	-	-
Gain from the remeasurement of net assets to fair value and the sale of discontinued operations (net of cash selling expenses), net of tax (Note 3)
-	-	-	-	-	-	-556	859	167	0	-
Gain from sale of investments in Express pipeline system (Note 3)
-	-	-	-	-	-	224	0	0	-	-
Loss (gain) on early extinguishment of debt
-	-	-	45	0	0	-	-82	0	0	-
Loss on impairments and divestitures, net (Note 2)
942	-167	-13	-387	919	274	-	0	-	-	-
Loss on impairment of goodwill (Note 4)
-	-	-	-	1,150	0	0	-	-	-	-
Loss on impairments and divestitures of equity investments, net (Note 4)
-	-	-	610	30	0	-	-	-	-	-
Earnings from equity investments
101	617	428	497	414	406	392	223	313	-186	-
Noncash compensation expense on settlement of EP stock awards
-	-	-	-	-	-	-	87	0	0	-
Distributions from equity investment earnings
590	499	426	431	391	381	398	381	287	220	277
Loss on remeasurement of previously held equity interest in KinderHawk (Note 3)
-	-	-	-	-	-	-	-	-	-	0
Proceeds from termination of interest rate swap agreements
-	-	-	-	-	-	96	53	73	-157	-146
Pension contributions and noncash pension benefit expenses (credits)
-	-	-	-	90	88	120	31	0	-	7
Earnings from equity method investments
-	-	-	-	-	-	-	-	-	-	-221
Changes in components of working capital
Accounts receivable
-105	50	78	107	-382	84	131	231	-8	-18	-47
Income tax receivable
0	-137	-7	148	-195	195	0	0	-	-	-
Inventories
-4	-15	90	-49	-34	30	53	92	36	-19	20
Other current assets
-93	16	25	81	-113	17	32	-32	10	0	93
Accounts payable
-198	21	73	144	-154	-1	-36	70	29	-1	-180
Cash book overdrafts
-	-	-	-	-	-	-	-	-	-2	-8
Accrued interest, net of interest rate swaps
-43	-22	10	-18	37	61	50	-26	19	18	50
Accrued taxes
-142	241	-37	31	-	-	-	-	-	-	-131
Other current liabilities
-69	73	138	11	-121	108	-100	-68	-35	-49	-125
Rate reparations, refunds and other litigation reserve adjustments
-	-	-	-32	18	-280	174	-39	171	-34	2
Other, net
23	-198	-66	-117	-271	-399	-96	31	163	4	-56
Net Cash Provided by Operating Activities
4,748	5,043	4,601	4,758	5,313	4,467	4,122	2,808	2,366	1,913	1,579
Cash Flows From Investing Activities
Proceeds from Divestiture of Interest in Consolidated Subsidiaries
1,527	0	0	1,401	0	0	-	-	-	-	-
Payment for Contingent Consideration Liability, Investing Activities
28	-	-	-	-	-	-	-	-	-	-
Proceeds from Divestiture of Businesses, Net of Cash Divested
-	2,998	0	0	-	-	-	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
79	39	4	333	2,079	1,388	292	-	-	288	-
Acquisitions of other assets and investments
-	-	-	-	-	-	-	-	-	926	36
Proceeds from disposal of discontinued operations
-	-	-	-	-	-	-	1,791	0	0	-
Repayments from related party
-	-	-	-	-	-	-	-	31	3	3
Acquisitions of assets
-	-	-	-	-	-	-	-	-	-	292
Repayments from customers
-	-	-	-	-	-	-	-	-	-	109
Capital expenditures
2,270	2,904	3,188	2,882	3,896	3,617	3,369	2,022	1,200	1,006	1,324
Proceeds from sales of assets and investments, net of working capital adjustments
-	-	-	0	-	-	490	0	0	-	-
Proceeds from sale or casualty of property, plant and equipment, investments and other net assets, net of removal of costs
110	104	118	330	39	5	-	154	23	49	47
Deconsolidation of variable interest entity
-	-	-	-	-	-	-	-	-	-	0
Net proceeds from margin and restricted deposits
-	-	-	-	-	-	-	-	-	-	-55
Contributions to investments
1,299	433	684	408	96	389	217	192	371	299	2,051
Distributions from equity investments in excess of cumulative earnings
333	237	374	231	228	182	185	200	236	225	125
Payments to Fund Long-term Loans to Related Parties
31	31	23	-	-	-	-	-	-	-	-
Loans (to) from related parties
-	-	-	35	-	-	-	-	-	-	-
Other, net
-23	0	-4	-1	-98	3	-81	-25	-68	46	-0
Net Cash Provided by (Used in) Investing Activities
-1,714	-68	-3,403	-1,625	-5,706	-5,210	-3,122	-5,097	-2,392	-2,288	-3,473
Cash Flows From Financing Activities
Issuances of debt
8,036	14,751	8,868	8,629	14,316	24,573	13,581	18,148	-	-	1,028
Payments of debt
11,224	14,591	11,064	10,060	15,116	17,801	12,393	14,755	-	-	871
Debt issue costs
10	42	70	19	24	89	38	111	76	31	16
Common stock dividends
2,163	1,618	1,120	1,118	4,224	1,760	1,622	1,184	770	700	-
Issuances of common shares (Note 11)
-	-	-	-	3,870	0	0	-	-	-	-
Issuance of mandatory convertible preferred stock (Note 11)
-	-	-	-	1,541	0	0	-	-	-	-
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
0	156	156	154	0	0	-	-	-	-	-
Repurchases of common shares
2	273	250	0	12	192	637	157	0	0	-
Proceeds from Partnership Contribution
148	181	485	0	0	-	-	-	-	-	-
Contributions from noncontrolling interests - net proceeds from KML IPO
0	0	1,245	0	0	-	-	-	-	-	-
Proceeds from noncontrolling interests preferred share issuances
0	0	420	0	-	-	-	-	-	-	-
Contributions from noncontrolling interests - net proceeds from KML preferred share issuance
-	-	-	-	0	-	-	-	-	-	-
Cash consideration of Merger Transactions (Note 1)
-	-	-	-	-	3,937	0	0	-	-	-
Merger Transactions costs
-	-	-	-	-	74	0	0	-	-	-
Cash dividends
-	-	-	-	-	-	-	-	-	-	650
Contributions from noncontrolling interests - other
3	19	12	117	11	1,767	1,706	1,939	970	-	1,155
Distributions to investment partner
11	0	0	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests - KML distribution of the TMPL sale proceeds
879	0	0	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests - other
55	78	42	24	34	2,013	1,692	1,219	956	849	744
Other, net
-28	-17	-9	-8	-11	-3	0	-77	-4	-1	-1
Net Cash Used in Financing Activities
-6,185	-1,824	-1,681	-2,637	317	471	-1,095	2,584	-57	710	1,935
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Deposits
29	-146	22	2	-10	-11	-21	8	-8	2	6
Net increase (decrease) in Cash, Cash Equivalents and Restricted Deposits
-3,122	3,005	-461	498	-86	-283	-116	303	-91	337	47
Noncash Investing and Financing Activities
Marketable securities obtained as consideration for divestiture (Note 3)
892	0	0	-	-	-	-	-	-	-	-
Assets acquired by the assumption or incurrence of liabilities
-	-	-	43	1,681	106	1,510	0	207	14	7
Net assets contributed to equity investments
-	-	-	37	46	0	0	-	-	-	-
Non-cash Investing and Financing Activities
ROU assets and operating lease obligations recognized
399	-	-	-	-	-	-	-	-	-	-
Net assets and liabilities or noncontrolling interests acquired by the issuance of shares and warrants (Notes 1)
-	-	-	-	-	16,023	0	11,454	0	0	-
Assets acquired or liabilities settled by contributions from noncontrolling interests
-	-	-	-	-	-	3,733	306	24	82	5
Increase in property, plant and equipment from both accruals and contractor retainage
-	-	-	-	-	-	-	-	35	28	-
Decrease in noncontrolling interests for distribution accrual
0	905	0	0	-	-	-	-	-	-	-
Liabilities settled by the issuance of shares and warrents
-	-	-	-	-	-	-	-	-	0	-
Supplemental Disclosures of Cash Flow Information
Contribution of net assets to investments
-	-	-	-	-	-	-	-	-	-	0
Sale of investment ownership interest in exchange for note
-	-	-	-	-	-	-	-	-	-	0
Cash paid during the period for interest (net of capitalized interest)
1,860	1,879	1,854	2,050	1,985	1,718	1,652	1,349	681	628	572
Cash paid during the period for income taxes, net
372	-109	-140	4	-331	227	67	182	277	147	401
Contributions from Noncontrolling Interests
-	-	-	-	-	-	-	-	-	759	-
Assets acquired by the issuance of note
-	-	-	-	-	-	-	-	-	-	0