v2.4.0.8
Reportable Segments (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Financial information by segment follows (in millions): 
 
Three Months Ended March 31,
 
2014
 
2013
Revenues
 
 
 
Natural Gas Pipelines
 
 
 
    Revenues from external customers
$
2,557

 
$
1,755

    Intersegment revenues
4

 
1

CO2–KMP
483

 
429

Products Pipelines–KMP
534

 
454

Terminals–KMP
391

 
337

Kinder Morgan Canada–KMP
69

 
72

Other
4

 
4

Total segment revenues
4,042

 
3,052

Other revenues
9

 
9

Less: Total intersegment revenues
(4
)
 
(1
)
Total consolidated revenues
$
4,047

 
$
3,060

 
Three Months Ended March 31,
 
2014
 
2013
Segment EBDA(a)
 
 
 
Natural Gas Pipelines
$
1,071

 
$
899

CO2–KMP
363

 
342

Products Pipelines–KMP
208

 
185

Terminals–KMP
214

 
186

Kinder Morgan Canada–KMP(b)
48

 
193

Other
7

 
4

Total segment EBDA
1,911

 
1,809

Total segment DD&A expense
(496
)
 
(415
)
Total segment amortization of excess cost of investments
(10
)
 
(9
)
Other revenues
9

 
9

General and administrative expense
(172
)
 
(140
)
Interest expense, net of unallocable interest income
(450
)
 
(409
)
Unallocable income tax expense
(191
)
 
(187
)
Loss from discontinued operations, net of tax

 
(2
)
Total consolidated net income
$
601

 
$
656

 
March 31,
2014
 
December 31,
2013
Assets
 
 
 
Natural Gas Pipelines
$
51,927

 
$
52,357

CO2–KMP
4,734

 
4,708

Products Pipelines–KMP
6,801

 
6,648

Terminals–KMP
7,938

 
6,888

Kinder Morgan Canada–KMP
1,621

 
1,677

Other
559

 
568

Total segment assets
73,580

 
72,846

Corporate assets(c)
2,474

 
2,339

Total consolidated assets
$
76,054

 
$
75,185

_______
(a)
Includes revenues, earnings from equity investments, allocable interest income, and other, net, less operating expenses, allocable income taxes, and other income, net. Operating expenses include natural gas purchases and other costs of sales, operations and maintenance expenses, and taxes, other than income taxes.
(b)
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.
(c)
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 adjustments and miscellaneous corporate assets (such as information technology and telecommunications equipment) not allocated to individual segments.