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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Natural gas sales $ 3,053 $ 2,454 $ 2,839
Services 7,901 8,146 8,290
Product sales and other 2,751 2,458 3,274
Total Revenues 13,705 13,058 14,403
Operating Costs, Expenses and Other      
Costs of sales 4,345 3,429 4,059
Operations and maintenance 2,472 2,372 2,393
Depreciation, depletion and amortization 2,261 2,209 2,309
General and administrative 673 669 690
Taxes, other than income taxes 398 421 439
Loss on impairment of goodwill 0 0 1,150
Loss on impairments and divestitures, net 13 387 919
Other income, net (1) (1) (3)
Total Operating Costs, Expenses and Other 10,161 9,486 11,956
Operating Income 3,544 3,572 2,447
Other Income (Expense)      
Earnings from equity investments 578 497 414
Loss on impairments and divestitures of equity investments, net (150) (610) (30)
Amortization of excess cost of equity investments (61) (59) (51)
Interest, net (1,832) (1,806) (2,051)
Other, net 82 44 43
Total Other Expense (1,383) (1,934) (1,675)
Income Before Income Taxes 2,161 1,638 772
Income Tax Expense (1,938) (917) (564)
Net Income 223 721 208
Net (Income) Loss Attributable to Noncontrolling Interests (40) (13) 45
Net Income Attributable to Kinder Morgan, Inc. 183 708 253
Preferred Stock Dividends (156) (156) (26)
Net Income Available to Common Stockholders $ 27 $ 552 $ 227
Class P Shares      
Basic Earnings Per Common Share $ 0.01 $ 0.25 $ 0.10
Basic Weighted Average Common Shares Outstanding 2,230 2,230 2,187
Diluted Earnings Per Common Share $ 0.01 $ 0.25 $ 0.10
Diluted Weighted Average Common Shares Outstanding 2,230 2,230 2,193
Dividends Per Common Share Declared for the Period $ 0.500 $ 0.500 $ 1.605