Guarantee of Securities of Subsidiaries (Tables)

6 Months Ended

Jun. 30, 2016

Jun. 30, 2015

Guarantee of Securities of Subsidiaries [Abstract]

Condensed Consolidating Statements of Income and Comprehensive Income [Table Text Block]

Condensed Consolidating Statements of Income and Comprehensive Income for the Three Months Ended June 30, 2016 (In Millions) (Unaudited)

	Parent Issuer and Guarantor			Subsidiary Issuer and Guarantor - KMP			Subsidiary Issuer and Guarantor - Copano			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated KMI
Total Revenues	$	8		$	—		$	—		$	2,777		$	371		$	(12	)	$	3,144

Operating Costs, Expenses and Other
Costs of sales	—			—			—			693			60			(1		)	752
Depreciation, depletion and amortization	4			—			—			462			86			—			552
Other operating expenses	30			2			—			681			198			(11		)	900
Total Operating Costs, Expenses and Other	34			2			—			1,836			344			(12		)	2,204

Operating (loss) income	(26		)	(2		)	—			941			27			—			940

Other Income (Expense)
Earnings (losses) from consolidated subsidiaries	752			734			(3		)	41			17			(1,541		)	—
Earnings from equity investments	—			—			—			106			—			—			106
Interest, net	(176		)	34			(12		)	(304		)	(13		)	—			(471		)
Amortization of excess cost of equity investments and other, net	1			—			—			6			6			—			13

Income (Loss) Before Income Taxes	551			766			(15		)	790			37			(1,541		)	588

Income Tax Expense	(179		)	(1		)	—			(16		)	(17		)	—			(213		)

Net Income (Loss)	372			765			(15		)	774			20			(1,541		)	375
Net Income Attributable to Noncontrolling Interests	—			—			—			—			—			(3		)	(3		)

Net Income (Loss) Attributable to Controlling Interests	372			765			(15		)	774			20			(1,544		)	372

Preferred Stock Dividends	(39		)	—			—			—			—			—			(39		)
Net Income (Loss) Available to Common Stockholders	$	333		$	765		$	(15	)	$	774		$	20		$	(1,544	)	$	333

Net Income (loss)	$	372		$	765		$	(15	)	$	774		$	20		$	(1,541	)	$	375
Total other comprehensive (loss) income	(140		)	(213		)	—			(223		)	8			428			(140		)
Comprehensive income (loss)	232			552			(15		)	551			28			(1,113		)	235
Comprehensive income attributable to noncontrolling interests	—			—			—			—			—			(3		)	(3		)
Comprehensive income (loss) attributable to controlling interests	$	232		$	552		$	(15	)	$	551		$	28		$	(1,116	)	$	232

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheets as of June 30, 2016 (In Millions) (Unaudited)

	Parent Issuer and Guarantor		Subsidiary Issuer and Guarantor - KMP		Subsidiary Issuer and Guarantor - Copano		Subsidiary Guarantors		Subsidiary Non-Guarantors		Consolidating Adjustments			Consolidated KMI
ASSETS
Cash and cash equivalents	$	8	$	—	$	—	$	11	$	168	$	(7	)	$	180
Other current assets - affiliates	5,859		6,192		115		13,171		745		(26,082		)	—
All other current assets	141		186		—		1,787		184		(8		)	2,290
Property, plant and equipment, net	270		—		—		32,366		8,563		—			41,199
Investments	16		2		—		6,062		122		—			6,202
Investments in subsidiaries	25,221		25,762		2,345		4,926		3,973		(62,227		)	—
Goodwill	15,089		22		287		5,220		3,184		—			23,802
Notes receivable from affiliates	1,024		21,741		—		1,239		319		(24,323		)	—
Deferred income taxes	7,211		—		—		—		—		(2,236		)	4,975
Other non-current assets	373		537		1		4,646		112		—			5,669
Total assets	$	55,212	$	54,442	$	2,748	$	69,428	$	17,370	$	(114,883	)	$	84,317

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Current portion of debt	$	1,510	$	600	$	—	$	1,187	$	122	$	—		$	3,419
Other current liabilities - affiliates	1,788		14,623		51		9,133		487		(26,082		)	—
All other current liabilities	373		481		7		1,831		470		(15		)	3,147
Long-term debt	14,226		19,662		374		5,260		679		—			40,201
Notes payable to affiliates	1,547		448		753		20,217		1,358		(24,323		)	—
Deferred income taxes	—		—		2		625		1,609		(2,236		)	—
All other long-term liabilities and deferred credits	657		70		—		889		461		—			2,077
Total liabilities	20,101		35,884		1,187		39,142		5,186		(52,656		)	48,844

Stockholders’ equity
Total KMI equity	35,111		18,558		1,561		30,286		12,184		(62,589		)	35,111
Noncontrolling interests	—		—		—		—		—		362			362
Total stockholders’ Equity	35,111		18,558		1,561		30,286		12,184		(62,227		)	35,473
Total Liabilities and Stockholders’ Equity	$	55,212	$	54,442	$	2,748	$	69,428	$	17,370	$	(114,883	)	$	84,317

Condensed Consolidating Balance Sheets as of June 30, 2016 (In Millions) (Unaudited)

	Parent Issuer and Guarantor		Subsidiary Issuer and Guarantor - KMP		Subsidiary Issuer and Guarantor - Copano		Subsidiary Guarantors		Subsidiary Non-Guarantors		Consolidating Adjustments			Consolidated KMI
ASSETS
Cash and cash equivalents	$	8	$	—	$	—	$	11	$	168	$	(7	)	$	180
Other current assets - affiliates	5,859		6,192		115		13,171		745		(26,082		)	—
All other current assets	141		186		—		1,787		184		(8		)	2,290
Property, plant and equipment, net	270		—		—		32,366		8,563		—			41,199
Investments	16		2		—		6,062		122		—			6,202
Investments in subsidiaries	25,221		25,762		2,345		4,926		3,973		(62,227		)	—
Goodwill	15,089		22		287		5,220		3,184		—			23,802
Notes receivable from affiliates	1,024		21,741		—		1,239		319		(24,323		)	—
Deferred income taxes	7,211		—		—		—		—		(2,236		)	4,975
Other non-current assets	373		537		1		4,646		112		—			5,669
Total assets	$	55,212	$	54,442	$	2,748	$	69,428	$	17,370	$	(114,883	)	$	84,317

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Current portion of debt	$	1,510	$	600	$	—	$	1,187	$	122	$	—		$	3,419
Other current liabilities - affiliates	1,788		14,623		51		9,133		487		(26,082		)	—
All other current liabilities	373		481		7		1,831		470		(15		)	3,147
Long-term debt	14,226		19,662		374		5,260		679		—			40,201
Notes payable to affiliates	1,547		448		753		20,217		1,358		(24,323		)	—
Deferred income taxes	—		—		2		625		1,609		(2,236		)	—
All other long-term liabilities and deferred credits	657		70		—		889		461		—			2,077
Total liabilities	20,101		35,884		1,187		39,142		5,186		(52,656		)	48,844

Stockholders’ equity
Total KMI equity	35,111		18,558		1,561		30,286		12,184		(62,589		)	35,111
Noncontrolling interests	—		—		—		—		—		362			362
Total stockholders’ Equity	35,111		18,558		1,561		30,286		12,184		(62,227		)	35,473
Total Liabilities and Stockholders’ Equity	$	55,212	$	54,442	$	2,748	$	69,428	$	17,370	$	(114,883	)	$	84,317

Condensed Consolidating Balance Sheets as of December 31, 2015 (In Millions)

	Parent Issuer and Guarantor		Subsidiary Issuer and Guarantor - KMP		Subsidiary Issuer and Guarantor - Copano		Subsidiary Guarantors		Subsidiary Non-Guarantors		Consolidating Adjustments			Consolidated KMI
ASSETS
Cash and cash equivalents	$	123	$	—	$	—	$	12	$	142	$	(48	)	$	229
Other current assets - affiliates	2,233		1,600		—		9,451		695		(13,979		)	—
All other current assets	126		119		—		2,163		195		(8		)	2,595
Property, plant and equipment, net	252		—		—		32,195		8,100		—			40,547
Investments	16		2		—		5,906		116		—			6,040
Investments in subsidiaries	27,401		28,038		2,341		4,361		3,320		(65,461		)	—
Goodwill	15,089		22		287		5,221		3,171		—			23,790
Notes receivable from affiliates	850		21,319		—		2,070		380		(24,619		)	—
Deferred income taxes	7,501		—		—		—		—		(2,178		)	5,323
Other non-current assets	215		307		1		4,943		114		—			5,580
Total assets	$	53,806	$	51,407	$	2,629	$	66,322	$	16,233	$	(106,293	)	$	84,104

LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Current portion of debt	$	67	$	500	$	—	$	132	$	122	$	—		$	821
Other current liabilities - affiliates	1,328		8,682		39		3,216		714		(13,979		)	—
All other current liabilities	321		458		7		1,987		527		(56		)	3,244
Long-term debt	13,845		20,053		378		7,447		683		—			42,406
Notes payable to affiliates	2,404		448		622		19,840		1,305		(24,619		)	—
Deferred income taxes	—		—		2		594		1,582		(2,178		)	—
Other long-term liabilities and deferred credits	722		193		—		907		408		—			2,230
Total liabilities	18,687		30,334		1,048		34,123		5,341		(40,832		)	48,701

Stockholders’ equity
Total KMI equity	35,119		21,073		1,581		32,199		10,892		(65,745		)	35,119
Noncontrolling interests	—		—		—		—		—		284			284
Total stockholders’ Equity	35,119		21,073		1,581		32,199		10,892		(65,461		)	35,403
Total Liabilities and Stockholders’ Equity	$	53,806	$	51,407	$	2,629	$	66,322	$	16,233	$	(106,293	)	$	84,104

Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Statements of Cash Flows for the Six Months Ended June 30, 2016 (In Millions) (Unaudited)

	Parent Issuer and Guarantor			Subsidiary Issuer and Guarantor - KMP			Subsidiary Issuer and Guarantor - Copano			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated KMI
Net cash (used in) provided by operating activities	$	(1,950	)	$	2,976		$	(143	)	$	5,616		$	221		$	(4,376	)	$	2,344

Cash flows from investing activities
Funding to affiliates	(1,670		)	(770		)	(1		)	(2,455		)	(219		)	5,115			—
Capital expenditures	(37		)	—			—			(929		)	(504		)	—			(1,470		)
Contributions to investments	(343		)	—			—			(13		)	(7		)	—			(363		)
Acquisitions of assets and investments, net of cash acquired	(2		)	—			—			(331		)	—			—			(333		)
Sale of property, plant and equipment, investments and other net assets, net of removal costs	—			—			—			220			—			—			220
Distributions from equity investments in excess of cumulative earnings	1,443			298			—			68			—			(1,728		)	81
Other, net	—			(54		)	—			37			2			—			(15		)
Net cash used in investing activities	(609		)	(526		)	(1		)	(3,403		)	(728		)	3,387			(1,880		)

Cash flows from financing activities
Issuances of debt	6,847			—			—			—			—			—			6,847
Payments of debt	(5,191		)	(500		)	—			(1,104		)	(5		)	—			(6,800		)
Funding from affiliates	1,429			882			144			2,124			536			(5,115		)	—
Debt issue costs	(6		)	—			—			—			—			—			(6		)
Cash dividends - common shares	(559		)	—			—			—			—			—			(559		)
Cash dividends - preferred shares	(76		)	—			—			—			—			—			(76		)
Contributions from parents	—			—			—			—			87			(87		)	—
Contributions from noncontrolling interests	—			—			—			—			—			87			87
Distributions to parents	—			(2,832		)	—			(3,234		)	(90		)	6,156			—
Distributions to noncontrolling interests	—			—			—			—			—			(11		)	(11		)
Net cash provided by (used in) financing activities	2,444			(2,450		)	144			(2,214		)	528			1,030			(518		)

Effect of exchange rate changes on cash and cash equivalents	—			—			—			—			5			—			5

Net (decrease) increase in cash and cash equivalents	(115		)	—			—			(1		)	26			41			(49		)
Cash and cash equivalents, beginning of period	123			—			—			12			142			(48		)	229
Cash and cash equivalents, end of period	$	8		$	—		$	—		$	11		$	168		$	(7	)	$	180

Condensed Consolidating Statements of Cash Flows for the Six Months Ended June 30, 2015 (In Millions) (Unaudited)

	Parent Issuer and Guarantor			Subsidiary Issuer and Guarantor - KMP			Subsidiary Issuer and Guarantor - Copano			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated KMI
Net cash (used in) provided by operating activities	$	(1,147	)	$	5,190		$	72		$	3,755		$	(26	)	$	(5,306	)	$	2,538

Cash flows from investing activities
Funding to affiliates	(2,118		)	(6,486		)	(1		)	(4,387		)	(351		)	13,343			—
Capital expenditures	(23		)	—			(3		)	(1,705		)	(183		)	5			(1,909		)
Contributions to investments	—			—			—			(45		)	—			—			(45		)
Investment in KMP	(159		)	—			—			—			—			159			—
Acquisitions of assets and investments, net of cash acquired	(1,709		)	—			—			(210		)	—			—			(1,919		)
Sale of property, plant and equipment, investments and other net assets, net of removal costs	—			—			5			4			—			(5		)	4
Distributions from equity investments in excess of cumulative earnings	292			—			—			80			—			(258		)	114
Other, net	—			(2		)	—			4			9			—			11
Net cash (used in) provided by investing activities	(3,717		)	(6,488		)	1			(6,259		)	(525		)	13,244			(3,744		)

Cash flows from financing activities
Issuances of debt	9,485			—			—			—			—			—			9,485
Payments of debt	(8,598		)	(300		)	—			(38		)	(5		)	—			(8,941		)
Funding from (to) affiliates	3,471			3,906			(73		)	5,546			493			(13,343		)	—
Debt issue costs	(20		)	—			—			—			—			—			(20		)
Issuances of common shares	2,562			—			—			—			—			—			2,562
Cash dividends	(2,006		)	—			—			—			—			—			(2,006		)
Repurchases of warrants	(5		)	—			—			—			—			—			(5		)
Contributions from parents	—			156			—			3			—			(159		)	—
Distributions to parents	—			(2,478		)	—			(3,010		)	(92		)	5,580			—
Distributions to noncontrolling interests	—			—			—			—			—			(16		)	(16		)
Other, net	—			(1		)	—			—			—			—			(1		)
Net cash provided by (used in) financing activities	4,889			1,283			(73		)	2,501			396			(7,938		)	1,058

Effect of exchange rate changes on cash and cash equivalents	—			—			—			—			(4		)	—			(4		)

Net increase (decrease) in cash and cash equivalents	25			(15		)	—			(3		)	(159		)	—			(152		)
Cash and cash equivalents, beginning of period	4			15			—			17			279			—			315
Cash and cash equivalents, end of period	$	29		$	—		$	—		$	14		$	120		$	—		$	163