v2.4.0.8
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
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

Schedule of Dividends Payable [Table Text Block]
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

Schedule of Warrants Outstanding Roll Forward [Table Text Block]
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


Schedule of Noncontrolling Interest
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

Schedule of noncontrolling interest contributions text block [Table Text Block]

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

Schedule of Distributions by Noncontrolling Interests [Table Text Block]

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.