| Schedule of Segment Reporting Information, by Segment |
Financial information by segment follows (in millions): | | | | | | | | | | Three Months Ended
March 31, | | 2013 | | 2012 | Revenues | | | | Natural Gas Pipelines | | | | Revenues from external customers(a) | $ | 1,755 |
| | $ | 794 |
| Intersegment revenues | 1 |
| | — |
| CO2–KMP | 429 |
| | 417 |
| Products Pipelines–KMP | 454 |
| | 223 |
| Terminals–KMP | 337 |
| | 341 |
| Kinder Morgan Canada–KMP | 72 |
| | 73 |
| Other | 4 |
| | — |
| Total segment revenues | 3,052 |
| | 1,848 |
| Other revenues | 9 |
| | 9 |
| Less: Total intersegment revenues | (1 | ) | | — |
| Total consolidated revenues | $ | 3,060 |
| | $ | 1,857 |
|
| | | | | | | | | | Three Months Ended
March 31, | | 2013 | | 2012 | Segment earnings before depreciation, depletion, amortization and amortization of excess cost of equity investments(b) | | | | Natural Gas Pipelines(a) | $ | 896 |
| | $ | 227 |
| CO2–KMP | 342 |
| | 334 |
| Products Pipelines–KMP | 185 |
| | 174 |
| Terminals–KMP | 186 |
| | 186 |
| Kinder Morgan Canada–KMP(c) | 193 |
| | 50 |
| Other | 4 |
| | — |
| Total segment earnings before DD&A | 1,806 |
| | 971 |
| Total segment depreciation, depletion and amortization | (412 | ) | | (274 | ) | Total segment amortization of excess cost of investments | (9 | ) | | (2 | ) | Other revenues | 9 |
| | 9 |
| General and administrative expenses | (140 | ) | | (129 | ) | Unallocable interest and other, net of unallocable interest income | (409 | ) | | (182 | ) | Unallocable income tax expense | (187 | ) | | (88 | ) | Loss from discontinued operations, net of tax | (2 | ) | | (378 | ) | Total consolidated net income (loss) | $ | 656 |
| | $ | (73 | ) |
| | | | | | | | | | March 31,
2013 | | December 31,
2012 | Assets | | | | Natural Gas Pipelines | $ | 46,422 |
| | $ | 46,540 |
| CO2–KMP | 4,174 |
| | 4,148 |
| Products Pipelines–KMP | 6,149 |
| | 6,089 |
| Terminals–KMP | 6,151 |
| | 5,931 |
| Kinder Morgan Canada–KMP | 1,688 |
| | 1,724 |
| Other | 565 |
| | 601 |
| Total segment assets | 65,149 |
| | 65,033 |
| Corporate assets(d) | 3,127 |
| | 2,854 |
| Assets held for sale(e) | 32 |
| | 298 |
| Total consolidated assets | $ | 68,308 |
| | $ | 68,185 |
|
_______ | | (a) | The increase in the 2013 amount versus 2012 amount reflects our May 25, 2012 acquisition of EP. See Note 2. |
| | (b) | Includes revenues, earnings from equity investments, allocable interest income, and other, net, less operating expenses, allocable income taxes, and other expense (income). |
| | (c) | 2013 amount includes a $141 million increase in earnings from the after-tax gain on the sale of KMP’s investments in the Express pipeline system. |
| | (d) | Includes cash and cash equivalents, margin and restricted deposits, unallocable interest receivable, prepaid assets and deferred charges, risk management assets related to debt fair value adjustment and miscellaneous corporate assets (such as information technology and telecommunications equipment) not allocated to individual segments. |
| | (e) | 2012 amount primarily represents amounts attributable to KMP’s Express pipelines system and our ownership interest in Bolivia to Brazil Pipeline as of December 31, 2012. |
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