KINDER MORGAN, INC. KMI Cash Flow

Kinder morgan, inc. (KMI)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows From Operating Activities
Net (loss) income
-291,000	627,000	517,000	528,000	567,000	502,000	1,005,000	-130,000	542,000	-992,000	387,000	383,000	445,000	215,000	-183,000	375,000	314,000	-736,000	183,000	342,000	419,000	566,000	779,000	497,000	601,000	704,000	551,000	781,000	656,000	488,000	255,000	-243,000	-73,000	293,000	84,000	82,000	201,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities
Depreciation, depletion and amortization
565,000	661,000	578,000	579,000	593,000	587,000	569,000	571,000	570,000	564,000	562,000	577,000	558,000	557,000	549,000	552,000	551,000	584,000	617,000	570,000	538,000	522,000	520,000	502,000	496,000	479,000	467,000	445,000	415,000	409,000	403,000	333,000	281,000	285,000	287,000	264,000	256,000
Deferred income taxes
-69,000	463,000	143,000	142,000	-31,000	261,000	42,000	-47,000	149,000	1,449,000	170,000	210,000	244,000	320,000	379,000	209,000	179,000	168,000	111,000	192,000	221,000	246,000	161,000	97,000	111,000	166,000	96,000	206,000	172,000	27,000	99,000	-88,000	9,000	6,000	54,000	21,000	3,000
Amortization of excess cost of equity investments
32,000	-	-	-	21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Depreciation and Amortization
-	-	-	-	-	18,000	21,000	24,000	32,000	16,000	15,000	15,000	15,000	14,000	15,000	16,000	14,000	12,000	13,000	14,000	12,000	12,000	12,000	11,000	10,000	10,000	11,000	9,000	9,000	14,000	5,000	2,000	2,000	2,000	2,000	2,000	1,000
Change in fair market value of derivative contracts
36,000	2,000	13,000	17,000	-10,000	111,000	-49,000	-99,000	-40,000	-	-	-	6,000	-49,000	-29,000	-16,000	30,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from sale of investments in Express pipeline system (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	225,000	-	-	-	-	-	-	-	-
Loss on impairments and divestitures, net (Note 2)
-971,000	929,000	3,000	10,000	0	-	-	-	-	-	-	-	-	-694,000	76,000	-4,000	235,000	430,000	385,000	50,000	54,000	271,000	0	3,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairments and divestitures of equity investments, net (Note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from equity investments
192,000	-425,000	173,000	161,000	192,000	179,000	160,000	58,000	220,000	-49,000	167,000	135,000	175,000	154,000	137,000	106,000	100,000	84,000	140,000	114,000	76,000	100,000	107,000	100,000	99,000	98,000	100,000	93,000	101,000	-79,000	123,000	92,000	87,000	98,000	71,000	76,000	68,000
Loss on sale and the remeasurement of KMP's FTC Natural Gas Pipelines disposal group to to fair value, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	428,000	-	167,000	0	0
Distributions from equity investment earnings
152,000	178,000	155,000	133,000	124,000	148,000	114,000	110,000	127,000	56,000	162,000	106,000	102,000	110,000	118,000	112,000	91,000	102,000	102,000	95,000	92,000	87,000	110,000	107,000	77,000	95,000	104,000	98,000	101,000	91,000	122,000	88,000	80,000	86,000	65,000	71,000	65,000
Pension contributions and noncash pension benefit expenses (credits)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	11,000	9,000	59,000	61,000	0	0	59,000	22,000	-4,000	-4,000	17,000	-10,000	10,000	0	0
Accounts receivable
-222,000	121,000	53,000	-86,000	-193,000	117,000	49,000	10,000	-126,000	252,000	11,000	-80,000	-105,000	133,000	55,000	35,000	-116,000	-78,000	62,000	-150,000	-216,000	107,000	71,000	84,000	-178,000	257,000	-119,000	0	-7,000	206,000	-70,000	184,000	-89,000	27,000	21,000	44,000	-100,000
Income tax receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-195,000	195,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-59,000	-32,000	-45,000	21,000	52,000	23,000	-32,000	-21,000	15,000	4,000	-7,000	58,000	35,000	19,000	-19,000	-3,000	-46,000	-32,000	-36,000	40,000	-6,000	1,000	5,000	34,000	-10,000	-4,000	7,000	37,000	13,000	-7,000	15,000	7,000	77,000	45,000	3,000	-12,000	0
Other current assets
-50,000	2,000	13,000	20,000	-128,000	-2,000	-3,000	25,000	-4,000	23,000	2,000	10,000	-10,000	61,000	27,000	7,000	-14,000	-31,000	-32,000	-50,000	0	20,000	-39,000	55,000	-19,000	85,000	-90,000	70,000	-33,000	8,000	-45,000	54,000	-49,000	8,000	-78,000	130,000	-50,000
Accounts payable
-200,000	68,000	-11,000	-66,000	-189,000	48,000	50,000	63,000	-140,000	135,000	-3,000	-24,000	-35,000	190,000	98,000	28,000	-172,000	110,000	-42,000	19,000	-241,000	89,000	27,000	23,000	-140,000	196,000	-51,000	-29,000	-152,000	117,000	-51,000	58,000	-54,000	36,000	-17,000	50,000	-40,000
Cash book overdrafts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,000	-17,000	3,000
Accrued interest, net of interest rate swaps
-202,000	175,000	-169,000	187,000	-236,000	176,000	-172,000	169,000	-195,000	168,000	-114,000	121,000	-165,000	140,000	-109,000	110,000	-159,000	109,000	-81,000	98,000	-89,000	174,000	-147,000	188,000	-154,000	183,000	-147,000	150,000	-136,000	149,000	-153,000	181,000	-203,000	203,000	-192,000	194,000	-186,000
Accrued taxes
-59,000	-35,000	88,000	7,000	-202,000	3,000	268,000	15,000	-45,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,000	-83,000	93,000
Other current liabilities
-126,000	67,000	-62,000	75,000	-149,000	357,000	-202,000	9,000	-91,000	161,000	73,000	50,000	-146,000	-137,000	75,000	96,000	-23,000	-127,000	13,000	5,000	-12,000	-120,000	127,000	6,000	95,000	-120,000	98,000	-270,000	192,000	-147,000	-27,000	-66,000	172,000	-34,000	-4,000	-74,000	77,000
Rate reparations, refunds and other litigation reserve adjustments
-	-	-	-	-	-	-	-	-	-	-65,000	-35,000	0	-63,000	0	0	31,000	15,000	-24,000	-33,000	60,000	-	-	36,000	0	-	-	-	-	-16,000	-43,000	20,000	0	11,000	58,000	165,000	-63,000
Other, net
17,000	-2,000	-27,000	2,000	50,000	-243,000	-75,000	30,000	90,000	29,000	-57,000	-7,000	-31,000	43,000	-39,000	-58,000	-63,000	106,000	-145,000	-93,000	-139,000	-160,000	-109,000	-103,000	-27,000	145,000	-171,000	62,000	-132,000	-26,000	62,000	34,000	-39,000	94,000	44,000	34,000	-9,000
Net Cash Provided by Operating Activities
893,000	1,627,000	1,023,000	1,463,000	635,000	1,668,000	907,000	1,494,000	974,000	1,294,000	1,141,000	1,280,000	886,000	1,255,000	1,158,000	1,295,000	1,050,000	1,806,000	969,000	1,282,000	1,256,000	975,000	1,289,000	1,085,000	1,118,000	1,330,000	1,058,000	967,000	767,000	881,000	914,000	453,000	560,000	770,000	642,000	471,000	483,000
Cash Flows From Investing Activities
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	19,000	0	0	20,000	0	0	0	4,000	0	0	3,000	330,000	160,000	0	55,000	1,864,000	427,000	0	1,000	960,000	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions of other assets and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	107,000	2,000	30,000	-	-	-	-	-	42,000	0	30,000	-	-	-	-
Repayments from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,000	20,000	0	-	-	-	-
Acquisitions of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66,000
Capital expenditures
440,000	551,000	541,000	624,000	554,000	698,000	733,000	766,000	707,000	957,000	895,000	672,000	664,000	773,000	639,000	659,000	811,000	897,000	1,090,000	1,012,000	897,000	939,000	961,000	872,000	845,000	1,099,000	925,000	747,000	598,000	623,000	582,000	463,000	354,000	355,000	305,000	270,000	270,000
Proceeds from sales of assets and investments, net of working capital adjustments
907,000	-	188,000	-96,000	16,000	-	0	0	33,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,000	0	491,000	-	-	-	-	-	-	-	-
Proceeds from sale or casualty of property, plant and equipment, investments and other net assets, net of removal of costs
-	-	-	-	-	-	-	5,000	1,000	0	47,000	0	71,000	80,000	30,000	226,000	-6,000	-	-	-	-	-	-	-	-	-	51,000	26,000	-3,000	-	-	-	-	-6,000	12,000	16,000	1,000
Natural gas storage and natural gas and liquids line-fill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-10,000	10,000	-	-	-	-	-	-	-	-
(Loans to) repayments from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	-	-	-	-	-	-	-	-
Net proceeds from margin and restricted deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	-4,000	47,000
Contributions to investments
151,000	151,000	336,000	481,000	331,000	139,000	183,000	45,000	66,000	53,000	83,000	357,000	191,000	19,000	26,000	319,000	44,000	27,000	24,000	15,000	30,000	47,000	239,000	67,000	36,000	46,000	78,000	53,000	40,000	34,000	57,000	52,000	49,000	74,000	237,000	37,000	23,000
Distributions from equity investments in excess of cumulative earnings
41,000	126,000	76,000	50,000	81,000	40,000	48,000	107,000	42,000	122,000	38,000	76,000	138,000	73,000	77,000	38,000	43,000	47,000	67,000	64,000	50,000	44,000	48,000	52,000	38,000	68,000	39,000	41,000	37,000	41,000	46,000	65,000	48,000	51,000	54,000	47,000	84,000
Payments to Fund Long-term Loans to Related Parties
-	-	-	-	-	8,000	7,000	8,000	8,000	7,000	9,000	7,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
22,000	-	-	-	-6,000	-	-	-	-	-	-	-	-	-27,000	11,000	19,000	-4,000	-59,000	-28,000	-45,000	34,000	-35,000	54,000	-2,000	-14,000	-82,000	16,000	-34,000	19,000	-38,000	-24,000	57,000	-20,000	-	-	-	-
Net Cash Provided by (Used in) Investing Activities
335,000	896,000	-815,000	-981,000	-814,000	-754,000	2,118,000	-707,000	-725,000	-895,000	-898,000	-960,000	-650,000	-578,000	833,000	-736,000	-1,144,000	-984,000	-978,000	-969,000	-2,775,000	-1,190,000	-1,313,000	-888,000	-1,819,000	-1,069,000	-936,000	-1,001,000	-116,000	1,268,000	-575,000	-5,425,000	-365,000	-606,000	-1,267,000	-292,000	-227,000
Cash Flows From Financing Activities
Issuances of debt
2,125,000	2,918,000	2,076,000	1,643,000	1,399,000	2,914,000	3,272,000	2,526,000	6,039,000	1,078,000	3,460,000	2,813,000	1,517,000	144,000	1,638,000	2,237,000	4,610,000	2,035,000	2,796,000	2,349,000	7,136,000	11,174,000	3,951,000	4,257,000	5,191,000	-	-	-	-	-	-	-	-	-	289,000	659,000	802,000
Payments of debt
1,969,000	4,921,000	1,681,000	1,632,000	2,990,000	3,370,000	2,646,000	2,891,000	5,684,000	1,410,000	3,530,000	4,002,000	2,122,000	925,000	2,335,000	2,464,000	4,336,000	3,223,000	2,952,000	2,636,000	6,305,000	6,216,000	3,073,000	4,328,000	4,184,000	-	-	-	-	-	-	-	-	-	310,000	628,000	1,187,000
Debt issue costs
7,000	1,000	3,000	4,000	2,000	11,000	0	10,000	21,000	1,000	9,000	59,000	1,000	4,000	9,000	0	6,000	4,000	0	4,000	16,000	37,000	23,000	17,000	12,000	15,000	11,000	5,000	7,000	7,000	11,000	87,000	6,000	57,000	10,000	1,000	8,000
Common stock dividends
569,000	570,000	569,000	569,000	455,000	455,000	444,000	442,000	277,000	280,000	280,000	280,000	280,000	279,000	280,000	280,000	279,000	1,140,000	1,078,000	1,044,000	962,000	456,000	444,000	435,000	425,000	426,000	417,000	395,000	384,000	-	-	-	-	-	-	-	-
Issuances of common shares (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,000	1,271,000	936,000	1,626,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
-	-	-	-	-	39,000	39,000	39,000	39,000	39,000	39,000	39,000	39,000	39,000	39,000	39,000	37,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common shares
50,000	0	0	0	2,000	23,000	0	0	250,000	250,000	0	0	0	-	-	-	-	-	-	-	-	0	0	43,000	149,000	174,000	332,000	51,000	80,000	21,000	26,000	110,000	0	-	-	-	-
Contributions from investment partner and noncontrolling interests
5,000	-	-	-	38,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Partnership Contribution
-	-	-	-	-	33,000	51,000	59,000	38,000	41,000	29,000	24,000	391,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	364,000	226,000	220,000	-	212,000	99,000	246,000
Contributions from noncontrolling interests - other
-	-	-	-	-	0	2,000	14,000	3,000	0	1,000	5,000	6,000	29,000	1,000	0	87,000	4,000	7,000	0	0	129,000	243,000	711,000	684,000	286,000	343,000	612,000	465,000	535,000	1,119,000	161,000	124,000	153,000	108,000	628,000	81,000
Distributions to investment partner
18,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests - KML distribution of the TMPL sale proceeds
0	0	0	0	879,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests - other
3,000	13,000	14,000	14,000	14,000	20,000	23,000	18,000	17,000	16,000	11,000	6,000	9,000	7,000	6,000	7,000	4,000	9,000	9,000	6,000	10,000	522,000	515,000	497,000	479,000	472,000	459,000	386,000	375,000	366,000	340,000	262,000	251,000	249,000	245,000	233,000	229,000
Other, net
-1,000	0	-24,000	-1,000	-3,000	0	-16,000	0	-1,000	0	-8,000	0	-1,000	0	-7,000	-1,000	0	-10,000	0	0	-1,000	-1,000	-1,000	-1,000	0	-	-	-	-	-	-	-	-	-4,000	-1,000	2,000	-1,000
Net Cash Used in Financing Activities
-487,000	-2,585,000	-187,000	-505,000	-2,908,000	-971,000	157,000	-801,000	-209,000	-687,000	-159,000	-297,000	-538,000	-305,000	-1,813,000	-554,000	35,000	-769,000	28,000	-410,000	1,468,000	60,000	138,000	-353,000	626,000	-470,000	-331,000	-41,000	-253,000	-2,205,000	-254,000	5,162,000	-119,000	-34,000	563,000	-16,000	-570,000
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Deposits
-8,000	3,000	-2,000	2,000	26,000	-172,000	31,000	-2,000	-3,000	-6,000	18,000	9,000	1,000	-2,000	-1,000	0	5,000	-3,000	-3,000	1,000	-5,000	-2,000	-5,000	6,000	-10,000	-9,000	8,000	-14,000	-6,000	-5,000	15,000	-9,000	7,000	7,000	-18,000	1,000	2,000
Net increase (decrease) in Cash, Cash Equivalents and Restricted Deposits
733,000	-59,000	19,000	-21,000	-3,061,000	-229,000	3,213,000	-16,000	37,000	-294,000	102,000	32,000	-301,000	370,000	177,000	5,000	-54,000	50,000	16,000	-96,000	-56,000	-157,000	109,000	-150,000	-85,000	-218,000	-201,000	-89,000	392,000	-61,000	100,000	181,000	83,000	137,000	-80,000	164,000	-312,000
Noncash Investing and Financing Activities
Assets acquired by the assumption or incurrence of liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	43,000	1,000	9,000	65,000	1,606,000	33,000	0	73,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Net assets contributed to equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12,000	7,000	27,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash Investing and Financing Activities
ROU assets and operating lease obligations recognized
14,000	-365,000	21,000	42,000	701,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in property, plant and equipment from both accruals and contractor retainage
41,000	-	-	-	-	-	2,000	-11,000	44,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,000	-	-	-	-
Liabilities settled by the issuance of shares and warrents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,452,000	11,457,000	7,000	-	-	-	0
Supplemental Disclosures of Cash Flow Information
Contribution of net assets to investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8,000
Cash paid during the period for interest (net of capitalized interest)
661,000	276,000	632,000	262,000	690,000	286,000	639,000	297,000	657,000	288,000	571,000	352,000	643,000	452,000	551,000	388,000	659,000	389,000	594,000	410,000	592,000	272,000	591,000	289,000	566,000	290,000	550,000	299,000	513,000	298,000	563,000	139,000	349,000	12,000	329,000	15,000	325,000
Cash paid during the period for income taxes, net
134,000	8,000	-6,000	25,000	345,000	-146,000	19,000	3,000	15,000	4,000	-145,000	3,000	-2,000	0	-1,000	7,000	-2,000	-148,000	2,000	11,000	-196,000	-1,000	65,000	165,000	-2,000	-15,000	11,000	78,000	-7,000	7,000	-14,000	183,000	6,000	100,000	16,000	160,000	1,000