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Stockholders' Equity Stockholders' Equity (Notes) | 3 Months Ended
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Mar. 31, 2014
Stockholders' Equity Attributable to Parent [Abstract] |
Stockholders' Equity Note Disclosure [Text Block] | Stockholders’ Equity Common Equity As of March 31, 2014, our common equity consisted of our Class P common stock. For additional information regarding our common stock, see Note 10 “Stockholders’ Equity” to our consolidated financial statements included in our 2013 Form 10-K. On October 16, 2013, we announced that our board of directors had approved a share and warrant repurchase program authorizing us to repurchase in the aggregate up to $250 million of additional shares or warrants, which purchase was completed as of March 2014. On March 4, 2014 we announced that our board of directors had approved an additional share and warrant repurchase program authorizing us to repurchase in the aggregate up to $100 million of additional shares or warrants. As of March 31, 2014, we had $45 million of repurchases remaining. The following tables set forth the changes in our outstanding shares during the three months ended March 31, 2014 and 2013.
| Three Months Ended March 31,
| 2014 |  | 2013
Beginning balance | 1,030,677,076 |  |  | 1,035,668,596 |
Shares repurchased and canceled | (2,780,337 | ) |  | — |
Shares issued with conversions of EP Trust I Preferred securities | 933 |  |  | 55,319 |
Restricted shares vested | 6,500 |  |  | 7,905 |
Ending balance | 1,027,904,172 |  |  | 1,035,731,820 |
Dividends Holders of our common stock share equally in any dividend declared by our board of directors, subject to the rights of the holders of any outstanding preferred stock. The following table provides information about our per share dividends.
| Three Months Ended March 31,
| 2014 |  | 2013
Per common share cash dividend declared for the period | $ | 0.42 |  |  | $ | 0.38 |
Per common share cash dividend paid in the period | $ | 0.41 |  |  | $ | 0.37 |
Dividends Subsequent to March 31, 2014 On April 16, 2014, our board of directors declared a cash dividend of $0.42 per share for the quarterly period ended March 31, 2014, which is payable on May 16, 2014 to shareholders of record as of April 30, 2014. Warrants Each of our warrants entitles the holder to purchase one share of our common stock for an exercise price of $40 per share, payable in cash or by cashless exercise, at any time until May 25, 2017. For additional information regarding our warrants, see Note 10 “Stockholders’ Equity” to our consolidated financial statements included in our 2013 Form 10-K. The table below sets forth the changes in our outstanding warrants during the three months ended March 31, 2014 and 2013.
| Three Months Ended March 31,
| 2014 |  | 2013
Beginning balance | 347,933,107 |  |  | 439,809,442 |
Warrants repurchased and canceled | (31,045,227 | ) |  | (16,969,361 | )
Warrants issued with conversions of EP Trust I Preferred securities | 1,430 |  |  | 84,556 |
Ending balance | 316,889,310 |  |  | 422,924,637 |
Noncontrolling Interests The caption “Noncontrolling interests” in our accompanying consolidated balance sheets consists of interests that we do not own in the following subsidiaries (in millions):
| March 31, 2014 |  | December 31, 2013
KMP | $ | 7,995 |  |  | $ | 7,642 |
EPB | 4,147 |  |  | 4,122 |
KMR | 3,183 |  |  | 3,142 |
Other | 309 |  |  | 286 |
| $ | 15,634 |  |  | $ | 15,192 |
Contributions Contributions from our noncontrolling interests consist primarily of equity issuances by KMP, EPB and KMR. As of March 31, 2014, each of these subsidiaries has an equity distribution agreement in place which allows the subsidiary to sell its equity interests from time to time through a designated sales agent. The terms of each agreement are substantially similar. Sales of the subsidiary’s equity interests will be made by means of ordinary brokers’ transactions on the NYSE at market prices, in block transactions or as otherwise agreed between the subsidiary equity issuer and its sales agent. The subsidiary equity issuer may also sell its equity interests to its sales agent as principal for the sales agent’s own account at a price agreed upon at the time of the sale. Any sale of the subsidiary’s equity interests to the sales agent as principal would be pursuant to the terms of a separate agreement between the subsidiary equity issuer and its sales agent. The equity distribution agreement provides the subsidiary with the right, but not the obligation to offer and sell its equity units or shares, at prices to be determined by market conditions. The subsidiary retains at all times complete control over the amount and the timing of sales under its respective equity distribution agreement, and it will designate the maximum number of equity units or shares to be sold through its sales agent, on a daily basis or otherwise as the subsidiary equity issuer and its sales agent agree. The table below shows significant issuances to the public of common units or shares, the net proceeds from the issuances and the use of the proceeds during the three months ended March 31, 2014 for KMP, EPB and KMR (dollars in millions and units and shares in thousands).
| Issuances |  | Common units/shares |  | Net proceeds |  | Use of proceeds
|  |  | (in thousands) |  | (in millions) |  |
KMP |  |  |  |  |  |  |
Issued under equity distribution agreement
| 2014 |  | 198 |  |  | $ | 16 |  |  | Reduced borrowings under KMP's commercial paper program
Other issuances |  |  |  |  |  |
| February 2014 |  | 7,935 |  |  | $ | 603 |  |  | Reduced borrowings under KMP's commercial paper program that were used to fund KMP's APT acquisition in January 2014
EPB |  |  |  |  |  |  |
Issued under equity distribution agreement
| 2014 |  | 1,166 |  |  | $ | 35 |  |  | General partnership purposes
KMR |  |  |  |  |  |  |
Issued under equity distribution agreement
| 2014 |  | 76 |  |  | $ | 6 |  |  | Purchased additional KMP i-units; KMP then used proceeds to reduce borrowings under its commercial paper program
The above equity issuances by KMP, EPB and KMR during the three months ended March 31, 2014 had the associated effects of increasing our (i) noncontrolling interests by $639 million; (ii) accumulated deferred income taxes by $8 million; and (iii) additional paid-in capital by $13 million. Noncontrolling Interests Contributions Subsequent to March 31, 2014 In connection with EPB’s announced agreement to acquire certain assets from us, on April 29, 2014, EPB priced in a public offering, 7,820,000 of its common units, including the exercise of an underwriters’ overallotment option, at a price of $30.99 per unit, net of commissions and underwriting expenses. See Note 2 “Acquisitions and Divestitures—Subsequent Event—Drop-down of Assets to EPB” for additional information on the drop-down transaction. Distributions The following table provides information about distributions from our noncontrolling interests (in millions except per unit distribution amounts):
| Three Months Ended March 31,
| 2014 |  | 2013
KMP |  |  |
Per unit cash distribution declared for the period | $ | 1.38 |  |  | $ | 1.30 |
Per unit cash distribution paid in the period | $ | 1.36 |  |  | $ | 1.29 |
Cash distributions paid in the period to the public | $ | 395 |  |  | $ | 299 |
EPB |  |  |
Per unit cash distribution declared for the period | $ | 0.65 |  |  | $ | 0.62 |
Per unit cash distribution paid in the period | $ | 0.65 |  |  | $ | 0.61 |
Cash distributions paid in the period to the public | $ | 83 |  |  | $ | 76 |
KMR(a) |  |  |
Share distributions paid in the period to the public | $ | 1,952,970 |  |  | $ | 1,570,118 |
_______
(a) | KMR’s distributions are paid in the form of additional shares or fractions thereof calculated by dividing the KMP cash distribution per common unit by the average of the market closing prices of a KMR share determined for a ten-trading day period ending on the trading day immediately prior to the ex-dividend date for the shares. Represents share distributions made in the period to noncontrolling interests and excludes 284,288 and 234,478 of shares distributed in the three months ended March 31, 2014 and 2013, respectively, on KMR shares we directly and indirectly own. On April 16, 2014, KMR declared a share distribution of 0.018700 shares per outstanding share (2,386,814 total shares) payable on May 15, 2014 to shareholders of record as of April 30, 2014, based on the $1.38 per common unit distribution declared by KMP.
Distributions Subsequent to March 31, 2014 Noncontrolling Interests Distributions On April 16, 2014, KMP declared a cash distribution of $1.38 per unit for the quarterly period ended March 31, 2014. The distribution will be paid on May 15, 2014 to KMP’s unitholders of record as of April 30, 2014. On April 16, 2014, EPB declared a cash distribution of $0.65 per unit for the quarterly period ended March 31, 2014. The distribution will be paid on May 15, 2014 to EPB’s unitholders of record as of April 30, 2014.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Article 4 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 17: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 18: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph d -Article 4 Reference 19: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
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