KINDER MORGAN, INC. KMI Cash Flow

Kinder morgan, inc. (KMI)

CashFlow / TTM

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
1,381	2,239	2,114	2,602	1,944	1,919	425	-193	320	223	1,430	860	852	721	-230	136	103	208	1,510	2,106	2,261	2,443	2,581	2,353	2,637	2,692	2,476	2,180	1,156	427	232	61	386	660	0	0	0
Adjustments to reconcile net (loss) income to net cash provided by operating activities
Depreciation, depletion and amortization
2,383	2,411	2,337	2,328	2,320	2,297	2,274	2,267	2,273	2,261	2,254	2,241	2,216	2,209	2,236	2,304	2,322	2,309	2,247	2,150	2,082	2,040	1,997	1,944	1,887	1,806	1,736	1,672	1,560	1,426	1,302	1,186	1,117	1,092	0	0	0
Deferred income taxes
679	717	515	414	225	405	1,593	1,721	1,978	2,073	944	1,153	1,152	1,087	935	667	650	692	770	820	725	615	535	470	579	640	501	504	210	47	26	-19	90	84	0	0	0
Amortization of excess cost of equity investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Depreciation and Amortization
-	-	-	-	-	95	93	87	78	61	59	59	60	59	57	55	53	51	51	50	47	45	43	42	40	39	43	37	30	23	11	8	8	7	0	0	0
Change in fair market value of derivative contracts
68	22	131	69	-47	-77	0	0	0	-	-	-	-88	-64	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from sale of investments in Express pipeline system (Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Loss on impairments and divestitures, net (Note 2)
-29	942	0	0	0	-	-	-	-	-	-	-	-	-387	737	1,046	1,100	919	760	375	328	274	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairments and divestitures of equity investments, net (Note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from equity investments
101	101	705	692	589	617	389	396	473	428	631	601	572	497	427	430	438	414	430	397	383	406	404	397	390	392	215	238	237	223	400	348	332	313	0	0	0
Loss on sale and the remeasurement of KMP's FTC Natural Gas Pipelines disposal group to to fair value, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Distributions from equity investment earnings
618	590	560	519	496	499	407	455	451	426	480	436	442	431	423	407	390	391	376	384	396	381	389	383	374	398	394	412	402	381	376	319	302	287	0	0	0
Pension contributions and noncash pension benefit expenses (credits)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	140	129	120	120	81	77	73	31	-1	13	17	0	0	0	0
Accounts receivable
-134	-105	-109	-113	-17	50	185	147	57	78	-41	3	118	107	-104	-97	-282	-382	-197	-188	46	84	234	44	-40	131	80	129	313	231	52	143	3	-8	0	0	0
Income tax receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-195	0	0	0	195	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-115	-4	51	64	22	-15	-34	-9	70	90	105	93	32	-49	-100	-117	-74	-34	-1	40	34	30	25	27	30	53	50	58	28	92	144	132	113	36	0	0	0
Other current assets
-15	-93	-97	-113	-108	16	41	46	31	25	63	88	85	81	-11	-70	-127	-113	-62	-69	36	17	82	31	46	32	-45	0	-16	-32	-32	-65	11	10	0	0	0
Accounts payable
-209	-198	-218	-157	-28	21	108	55	-32	73	128	229	281	144	64	-76	-85	-154	-175	-106	-102	-1	106	28	-24	-36	-115	-115	-28	70	-11	23	15	29	0	0	0
Cash book overdrafts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accrued interest, net of interest rate swaps
-9	-43	-42	-45	-63	-22	-30	28	-20	10	-18	-13	-24	-18	-49	-21	-33	37	102	36	126	61	70	70	32	50	16	10	41	-26	28	-11	2	19	0	0	0
Accrued taxes
1	-142	-104	76	84	241	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other current liabilities
-46	-69	221	81	15	73	-123	152	193	138	-160	-158	-112	11	21	-41	-132	-121	-114	0	1	108	108	79	-197	-100	-127	-252	-48	-68	45	68	60	-35	0	0	0
Rate reparations, refunds and other litigation reserve adjustments
-	-	-	-	-	-	-	-	-	-	-163	-98	-63	-32	46	22	-11	18	0	0	0	-	-	0	0	-	-	-	-	-39	-12	89	234	171	0	0	0
Other, net
-10	23	-218	-266	-238	-198	74	92	55	-66	-52	-34	-85	-117	-54	-160	-195	-271	-537	-501	-511	-399	-94	-156	9	-96	-267	-34	-62	31	151	133	133	163	0	0	0
Net Cash Provided by Operating Activities
5,006	4,748	4,789	4,673	4,704	5,043	4,669	4,903	4,689	4,601	4,562	4,579	4,594	4,758	5,309	5,120	5,107	5,313	4,482	4,802	4,605	4,467	4,822	4,591	4,473	4,122	3,673	3,529	3,015	2,808	2,697	2,425	2,443	2,366	0	0	0
Cash Flows From Investing Activities
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	39	20	20	20	4	4	4	7	333	493	493	545	2,079	2,346	2,346	2,292	1,388	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions of other assets and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-
Repayments from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Acquisitions of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Capital expenditures
2,156	2,270	2,417	2,609	2,751	2,904	3,163	3,325	3,231	3,188	3,004	2,748	2,735	2,882	3,006	3,457	3,810	3,896	3,938	3,809	3,669	3,617	3,777	3,741	3,616	3,369	2,893	2,550	2,266	2,022	1,754	1,477	1,284	1,200	0	0	0
Proceeds from sales of assets and investments, net of working capital adjustments
0	-	0	0	0	-	0	0	33	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	490	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale or casualty of property, plant and equipment, investments and other net assets, net of removal of costs
-	-	-	-	-	-	-	53	48	118	198	181	407	330	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	23	0	0	0
Natural gas storage and natural gas and liquids line-fill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
(Loans to) repayments from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net proceeds from margin and restricted deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Contributions to investments
1,119	1,299	1,287	1,134	698	433	347	247	559	684	650	593	555	408	416	414	110	96	116	331	383	389	388	227	213	217	205	184	183	192	232	412	397	371	0	0	0
Distributions from equity investments in excess of cumulative earnings
293	333	247	219	276	237	319	309	278	374	325	364	326	231	205	195	221	228	225	206	194	182	206	197	186	185	158	165	189	200	210	218	200	236	0	0	0
Payments to Fund Long-term Loans to Related Parties
-	-	-	-	-	31	30	32	31	23	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-1	-33	-72	-136	-98	-74	8	51	3	-44	-82	-114	-81	-37	-77	14	-25	0	0	0	-	-	-	-
Net Cash Provided by (Used in) Investing Activities
-565	-1,714	-3,364	-431	-157	-68	-209	-3,225	-3,478	-3,403	-3,086	-1,355	-1,131	-1,625	-2,031	-3,842	-4,075	-5,706	-5,912	-6,247	-6,166	-5,210	-5,089	-4,712	-4,825	-3,122	-785	-424	-4,848	-5,097	-6,971	-7,663	-2,530	-2,392	0	0	0
Cash Flows From Financing Activities
Issuances of debt
8,762	8,036	8,032	9,228	10,111	14,751	12,915	13,103	13,390	8,868	7,934	6,112	5,536	8,629	10,520	11,678	11,790	14,316	23,455	24,610	26,518	24,573	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Payments of debt
10,203	11,224	9,673	10,638	11,897	14,591	12,631	13,515	14,626	11,064	10,579	9,384	7,846	10,060	12,358	12,975	13,147	15,116	18,109	18,230	19,922	17,801	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Debt issue costs
15	10	20	17	23	42	32	41	90	70	73	73	14	19	19	10	14	24	57	80	93	89	67	55	43	38	30	30	112	111	161	160	74	76	0	0	0
Common stock dividends
2,277	2,163	2,048	1,923	1,796	1,618	1,443	1,279	1,117	1,120	1,119	1,119	1,119	1,118	1,979	2,777	3,541	4,224	3,540	2,906	2,297	1,760	1,730	1,703	1,663	1,622	0	0	0	-	-	-	-	-	-	-	-
Issuances of common shares (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,870	3,833	2,562	1,626	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
-	-	-	-	-	156	156	156	156	156	156	156	156	154	115	76	37	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common shares
50	2	25	25	25	273	500	500	500	250	0	0	0	-	-	-	-	-	-	-	-	192	366	698	706	637	484	178	237	157	0	0	0	-	-	-	-
Contributions from investment partner and noncontrolling interests
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Partnership Contribution
-	-	-	-	-	181	189	167	132	485	444	415	391	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Contributions from noncontrolling interests - other
-	-	-	-	-	19	19	18	9	12	41	41	36	117	92	98	98	11	136	372	1,083	1,767	1,924	2,024	1,925	1,706	1,955	2,731	2,280	1,939	1,557	546	1,013	970	0	0	0
Distributions to investment partner
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution to noncontrolling interests - KML distribution of the TMPL sale proceeds
0	879	879	879	879	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests - other
44	55	62	71	75	78	74	62	50	42	33	28	29	24	26	29	28	34	547	1,053	1,544	2,013	1,963	1,907	1,796	1,692	1,586	1,467	1,343	1,219	1,102	1,007	978	956	0	0	0
Other, net
-26	-28	-28	-20	-19	-17	-17	-9	-9	-9	-9	-8	-9	-8	-18	-11	-10	-11	-2	-3	-4	-3	0	0	0	-	-	-	-	-	-	-	-	-4	0	0	0
Net Cash Used in Financing Activities
-3,764	-6,185	-4,571	-4,227	-4,523	-1,824	-1,540	-1,856	-1,352	-1,681	-1,299	-2,953	-3,210	-2,637	-3,101	-1,260	-1,116	317	1,146	1,256	1,313	471	-59	-528	-216	-1,095	-2,830	-2,753	2,450	2,584	4,755	5,572	394	-57	0	0	0
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Deposits
-5	29	-146	-113	-117	-146	20	7	18	22	26	7	-2	2	1	-1	0	-10	-9	-11	-6	-11	-18	-5	-25	-21	-17	-10	-5	8	20	-13	-3	-8	0	0	0
Net increase (decrease) in Cash, Cash Equivalents and Restricted Deposits
672	-3,122	-3,292	-98	-93	3,005	2,940	-171	-123	-461	203	278	251	498	178	17	-84	-86	-293	-200	-254	-283	-344	-654	-593	-116	41	342	612	303	501	321	304	-91	0	0	0
Noncash Investing and Financing Activities
Assets acquired by the assumption or incurrence of liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	43	44	53	118	1,681	1,713	1,704	1,712	106	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net assets contributed to equity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	46	34	27	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash Investing and Financing Activities
ROU assets and operating lease obligations recognized
-288	399	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in property, plant and equipment from both accruals and contractor retainage
0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Liabilities settled by the issuance of shares and warrents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	0
Supplemental Disclosures of Cash Flow Information
Contribution of net assets to investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash paid during the period for interest (net of capitalized interest)
1,831	1,860	1,870	1,877	1,912	1,879	1,881	1,813	1,868	1,854	2,018	1,998	2,034	2,050	1,987	2,030	2,052	1,985	1,868	1,865	1,744	1,718	1,736	1,695	1,705	1,652	1,660	1,673	1,513	1,349	1,063	829	705	681	0	0	0
Cash paid during the period for income taxes, net
161	372	218	243	221	-109	41	-123	-123	-140	-144	0	4	4	-144	-141	-137	-331	-184	-121	33	227	213	159	72	67	89	64	169	182	275	305	282	277	0	0	0