Kinder morgan, inc. (KMI)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues
Revenues

12,886

13,209

13,638

13,941

14,155

14,144

13,995

13,759

13,699

13,705

13,462

13,511

13,287

13,058

13,305

13,682

14,001

14,403

14,718

15,302

15,776

16,226

16,147

15,612

15,057

14,070

13,277

12,391

11,176

9,973

8,831

8,083

7,868

7,943

8,094

7,963

0

0

0

Operating Costs, Expenses and Other
Costs of sales

2,978

3,263

3,686

4,059

4,350

4,421

4,429

4,301

4,303

4,345

4,113

4,077

3,759

3,429

3,232

3,367

3,700

4,059

4,664

5,200

5,725

6,278

6,381

6,282

5,926

5,253

4,753

4,064

3,447

3,057

2,799

2,859

3,065

3,278

3,514

3,448

0

0

0

Operations and maintenance

2,613

2,591

2,552

2,530

2,501

2,522

2,656

2,619

2,558

2,472

2,326

2,293

2,340

2,372

2,430

2,466

2,453

2,393

2,284

2,229

2,179

2,157

2,113

2,073

2,176

2,112

2,097

2,071

1,815

1,702

1,511

1,419

1,499

1,491

1,494

1,414

0

0

0

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

1,419

1,289

1,167

1,092

1,068

1,050

1,039

0

0

0

General and Administrative Expense

589

590

566

566

582

601

670

684

677

688

662

665

697

703

700

689

664

690

689

664

654

610

593

616

645

613

594

622

940

929

932

855

464

515

707

703

0

0

0

Taxes, other than income taxes

400

426

410

393

375

345

360

376

382

398

394

398

417

421

424

426

432

439

431

428

423

418

426

416

407

395

374

367

334

286

247

196

178

174

175

179

0

0

0

Loss on impairments and divestitures, net (Note 2)

-29

942

601

-55

0

-

0

0

-

-

0

0

-

-387

737

1,046

1,100

919

489

111

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of Long-Lived Assets Held-for-use

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income, net

4

3

1

4

0

-

0

0

-

1

-5

-4

-7

1

-2

-1

5

3

0

-2

-6

-1

-76

-11

6

1

116

47

10

13

-40

-37

-4

-6

11

9

0

0

0

Total Operating Costs, Expenses and Other

8,988

8,336

9,638

9,377

10,292

10,350

10,451

10,904

10,198

10,176

9,841

9,834

9,588

9,520

10,911

11,449

11,816

11,956

11,071

11,044

11,397

11,778

11,495

11,251

10,937

10,080

9,482

8,785

8,082

7,380

6,762

6,485

6,294

6,520

6,931

6,775

0

0

0

Operating Income

3,898

4,873

4,000

4,564

3,863

3,794

3,544

2,855

3,501

3,529

3,621

3,677

3,699

3,538

2,394

2,233

2,185

2,447

3,647

4,258

4,379

4,448

4,652

4,361

4,120

3,990

3,795

3,606

3,094

2,593

2,069

1,598

1,574

1,423

1,163

1,187

0

0

0

Other Income (Expense)
Income (Loss) from Equity Method Investments

101

101

705

692

589

617

389

396

473

428

631

601

572

497

453

430

438

414

404

397

383

406

404

397

390

392

209

210

189

153

308

257

241

226

213

224

0

0

0

Amortization of excess cost of equity investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on impairment of equity investment

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

-

0

-

0

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Depreciation and Amortization

-

-

79

79

-

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

6

5

0

0

0

Interest, net

-1,777

-1,801

-1,820

-1,846

-1,910

-1,917

-1,901

-1,887

-1,834

-1,832

-1,809

-1,822

-1,830

-1,806

-1,911

-1,979

-1,980

-2,051

-2,002

-1,894

-1,862

-1,798

-1,748

-1,734

-1,721

-1,675

0

0

0

-

-

-

-

-

-

-

-

-

-

Gain on remeasurement of previously held equity investments to fair value (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investments in Express pipeline system (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

0

-

0

-

-

-

-

Gain on remeasurement of previously held equity interest in Eagle Ford Gathering to fair value (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

-

-

-

-

-

-

-

Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

697

685

0

0

0

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

23

0

0

0

Loss on remeasurement of previously held equity interest in KinderHawk (Note 2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Other, net

67

75

52

60

81

107

116

124

114

97

107

91

84

78

52

49

43

43

57

78

80

80

74

55

61

53

25

35

23

19

35

17

17

17

16

11

0

0

0

Total Other Expense

-1,703

-1,708

-1,142

-1,173

-1,324

-1,288

-1,489

-1,454

-1,325

-1,368

-1,396

-1,805

-1,838

-1,900

-1,837

-1,579

-1,588

-1,675

-1,592

-1,469

-1,446

-1,357

-1,378

-1,390

-818

-552

-680

-767

-1,215

-1,250

-836

-716

-609

-613

-619

-433

0

0

0

(Loss) Income Before Income Taxes

2,195

3,165

2,858

3,391

2,539

2,506

2,055

1,401

2,176

2,161

2,225

1,872

1,861

1,638

557

654

597

772

2,055

2,789

2,933

3,091

3,274

2,971

3,302

3,438

3,115

2,839

1,879

1,343

1,233

882

965

810

543

754

0

0

0

Income Tax Expense (Benefit)

814

926

744

789

595

587

1,630

1,594

1,856

1,938

795

1,012

1,009

917

787

518

494

564

545

683

672

648

691

616

663

742

649

538

322

139

277

283

361

361

269

249

0

0

0

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,696

2,466

2,301

1,557

1,204

956

599

604

449

273

505

0

0

0

Income from operations of the FTC Natural Gas Pipelines disposal group and other, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

160

110

117

110

211

0

0

0

-

-

Loss on sale and the remeasurement of KMPs FTC Natural Gas Pipelines disposal group to fair value, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

Loss from Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-121

-401

-777

-724

-538

-218

211

145

90

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

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

419

595

0

0

0

Net Income Attributable to Noncontrolling Interests

53

49

40

302

303

310

316

57

53

40

32

23

19

13

-34

-42

-36

-45

436

889

1,093

1,417

1,343

1,158

1,449

1,499

1,401

1,191

570

112

-18

-141

-74

66

-30

252

0

0

0

Net (Loss) Income Attributable to Kinder Morgan, Inc.

1,328

2,190

2,074

2,300

1,641

1,609

109

-250

267

183

1,398

837

833

708

-196

178

139

253

1,074

1,217

1,168

1,026

1,238

1,195

1,188

1,193

1,075

989

586

315

250

202

460

594

449

343

0

0

0

Preferred Stock Dividends

-

-

11

50

-

128

156

156

156

156

156

156

156

156

143

104

65

26

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

-

-

2,063

2,250

-

1,481

-47

-406

111

27

1,242

681

677

552

-339

74

74

227

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class P Shares
Basic and Diluted (Loss) Earnings Per Common Share

-0.14

0.27

0.22

0.23

0.24

0.21

0.31

-0.08

0.22

-0.47

0.15

0.15

0.18

0.08

-0.10

0.15

0.12

-

0.08

0.15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and Diluted Weighted Average Common Shares Outstanding

2,264

2,268

2,264

2,262

2,262

2,248

2,205

2,204

2,207

2,229

2,231

2,230

2,230

2,232

2,230

2,229

2,229

-

2,203

2,175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted Earnings Per Common Share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.10

0.15

0.12

-0.33

0.08

0.15

0.20

0.02

0.32

0.27

0.28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted Weighted Average Common Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,230

2,229

2,229

2,231

2,203

2,187

2,151

1,463

1,028

1,028

1,029

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends Per Common Share Declared for the Period

-

-

0.25

0.25

-

-

0.20

0.20

0.20

-

0.12

0.12

0.12

0.12

0.12

0.12

0.12

-

0.51

0.49

-

-

-

-

-

0.41

0.41

0.40

0.38

0.37

0.36

0.35

0.32

0.31

0.30

0.30

0.14

-

-

Services
Revenues

8,153

8,198

8,101

8,052

8,025

7,955

7,940

7,919

7,875

7,885

7,847

7,915

8,009

8,146

8,496

8,505

8,434

8,290

7,918

7,953

7,791

7,650

7,476

7,101

6,902

6,677

6,569

6,425

5,856

5,013

4,185

3,391

3,070

3,050

2,948

2,963

0

0

0

Commodity sales
Revenues

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Revenues

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural gas sales
Revenues

-

-

2,940

3,110

-

-

3,125

3,040

3,071

-

2,995

3,000

2,720

2,454

2,373

2,398

2,597

2,839

3,167

3,466

3,803

4,115

4,110

4,035

3,965

3,605

3,409

3,111

2,664

2,511

2,481

2,736

3,086

3,305

3,540

3,463

0

0

0

Product sales and other [Member]
Revenues

-

-

2,622

2,804

-

-

2,914

2,784

2,737

-

2,620

2,596

2,558

2,458

2,436

2,779

2,970

3,274

3,633

3,883

4,182

4,461

4,561

4,476

4,190

3,788

3,299

2,855

2,656

2,449

2,165

1,956

1,712

1,588

1,604

1,535

0

0

0