v2.4.0.6
Pension and Other Postretirement Benefit Plans (Notes)
3 Months Ended
Mar. 31, 2013
Pension and Other Postretirement Benefit Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Pension and Other Postretirement Benefit Plans
 
Kinder Morgan, Inc.
 
The components of net benefit (credit) cost for our pension and other postretirement benefit plans, not including KMP and EPB’s plans discussed below, are as follows (in millions):
 
Pension Benefits
 
OPEB
 
Three Months Ended
March 31,
 
Three Months Ended
March 31,
 
2013
 
2012
 
2013
 
2012
Service cost
$
6

 
$
3

 
$

 
$

Interest cost
23

 
4

 
5

 
1

Expected return on assets
(44
)
 
(6
)
 
(2
)
 
(1
)
Amortization of net actuarial loss (gain)

 
2

 
1

 
1

Settlement (gain) loss (a)
(3
)
 

 

 

Net benefit (credit) cost
$
(18
)
 
$
3

 
$
4

 
$
1

_______
(a)
Reflects the gain recognized upon the February 2013 settlement of our obligations under the El Paso Supplemental Executive Retirement Plan.

KMP
KMP’s combined net benefit costs for its pension and other postretirement benefit plans for each of the three months ended March 31, 2013 and 2012 was approximately $1 million and $3 million, respectively.   

EPB
EPB’s net benefit costs for its other postretirement benefit plans for the three months ended March 31, 2013 was a credit of approximately $1 million.