v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows From Operating Activities      
Net income (loss) $ 660.0 $ 299.6 $ 773.1
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation, depletion and amortization 1,091.9 1,078.8 1,070.2
Deferred income taxes 84.2 (8.0) 52.2
Amortization of excess cost of equity investments 6.7 5.8 5.8
Loss on remeasurement of previously held equity interest in KinderHawk (Note 3) 167.2    
(Earnings) loss from equity investments (313.1) 186.2 (221.9)
Distributions from equity investments 286.6 219.8 277.0
Proceeds from termination of interest rate swap agreements 73.0 157.6 146.0
Pension contributions in excess of expense (6.3) (4.7) (7.7)
Changes in components of working capital      
Accounts receivable 7.8 18.2 47.6
Inventories 17.6 (20.8) (20.0)
Other current assets (63.9) 40.3 (93.6)
Accounts payable 41.1 (4.2) (180.5)
Cash book overdrafts - operating (11.5) (2.2) (8.5)
Accrued interest 19.3 18.4 50.2
Accrued taxes (25.7) (4.8) (131.6)
Accrued liabilities (9.6) (45.3) (125.0)
Rate reparations, refunds and other litigation reserve adjustments 170.4 (34.3) 2.5
Other, net 169.4 8.4 (56.8)
Net Cash Provided by Operating Activities 2,365.1 1,908.8 1,579.0
Cash Flows From Investing Activities      
Acquisitions of investments (970.6) (925.7) (36.0)
Acquisitions of assets (208.1) (287.5) (292.9)
Repayments from related party 31.3 2.7 3.7
Repayments from customers 0 0 109.6
Capital expenditures (1,200.1) (1,002.5) (1,324.3)
Deconsolidation of variable interest entity 0 17.5 0
Sale or casualty of property, plant and equipment and other net assets, net of removal costs 23.3 49.3 47.9
Net proceeds from (investments in) margin and restricted deposits 63.7 (35.4) (55.7)
Contributions to investments (371.0) (299.3) (2,051.8)
Distributions from equity investments in excess of cumulative earnings 236.4 224.5 125.7
Other, net (3.6) (7.2) (0.2)
Net Cash Used in Investing Activities (2,391.5) (2,284.2) (3,473.6)
Cash Flows From Financing Activities      
Issuance of debt 2,069.9 2,233.1 1,028.9
Payment of debt (2,399.2) (1,655.3) (871.7)
Debt issue costs (76.1) (31.0) (16.9)
Cash dividends/distributions (Note 10) 769.6 700.0 650.0
Contributions from noncontrolling interests 970.0 758.7 1,155.6
Distributions to noncontrolling interests (955.8) (848.7) (744.0)
Other, net (4.4) (0.6) (1.1)
Net Cash (Used in) Provided by Financing Activities (57.0) 709.9 1,935.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents (7.6) 2.3 6.0
Net (decrease) increase in Cash and Cash Equivalents (91.0) 336.8 47.0
Cash and Cash Equivalents, beginning of period 502.4 165.6 118.6
Cash and Cash Equivalents, end of period 411.4 502.4 165.6
Noncash Investing and Financing Activities      
Assets acquired by the assumption or incurrence of liabilities 206.5 13.8 7.7
Assets acquired by contributions from noncontrolling interests 23.7 81.7 5.0
Assets acquired by the issuance of note 2.1 0 0
Contribution of net assets to investments 7.9 20.0 0
Sale of investment ownership interest in exchange for note 4.1 0 0
Supplemental Disclosures of Cash Flow Information      
Cash paid during the period for interest (net of capitalized interest) 681.4 627.9 572.8
Cash paid during the period for income taxes (net of refunds) 277.3 146.9 401.1
Kinder Morgan Energy Partners, L.P [Member]
     
Cash Flows From Financing Activities      
Issuance of debt 7,501.9 7,140.1 6,891.9
Payment of debt $ (6,393.7) $ (6,186.4) $ (4,857.1)