XML 63 R46.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Reportable Segments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial information by segment follows (in millions):
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Revenues |  |  |  |  |
Natural Gas Pipelines |  |  |  |  |
Revenues from external customers | $ | 9,004 |  |  | $ | 8,608 |  |  | $ | 7,998 |
Intersegment revenues | 11 |  |  | 10 |  |  | 7 |
Products Pipelines |  |  |  |  |
Revenues from external customers | 1699 |  |  | 1645 |  |  | 1631 |
Intersegment revenues | 14 |  |  | 16 |  |  | 18 |
Terminals |  |  |  |  |  |
Revenues from external customers | 2,017 |  |  | 1,965 |  |  | 1,921 |
Intersegment revenues | 2 |  |  | 1 |  |  | 1 |
CO2 | 1,255 |  |  | 1,196 |  |  | 1,221 |
Kinder Morgan Canada | 170 |  |  | 256 |  |  | 253 |
Corporate and intersegment eliminations(a) | (28 | ) |  | 8 |  |  | 8 |
Total consolidated revenues | $ | 14,144 |  |  | $ | 13,705 |  |  | $ | 13,058 |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Operating expenses(b) |  |  |  |  |
Natural Gas Pipelines | $ | 5,353 |  |  | $ | 5,457 |  |  | $ | 4,393 |
Products Pipelines | 594 |  |  | 487 |  |  | 573 |
Terminals | 818 |  |  | 788 |  |  | 768 |
CO 2 | 453 |  |  | 394 |  |  | 399 |
Kinder Morgan Canada | 72 |  |  | 95 |  |  | 87 |
Corporate and intersegment eliminations | (2 | ) |  | (6 | ) |  | 2 |
Total consolidated operating expenses | $ | 7,288 |  |  | $ | 7,215 |  |  | $ | 6,222 |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Other expense (income)(c) |  |  |  |  |
Natural Gas Pipelines | $ | 593 |  |  | $ | 26 |  |  | $ | 199 |
Products Pipelines | 34 |  |  | — |  |  | 76 |
Terminals | 54 |  |  | (14 | ) |  | 99 |
CO 2 | 79 |  |  | (1 | ) |  | 19 |
Kinder Morgan Canada | (596 | ) |  | — |  |  | — |
Corporate | — |  |  | 1 |  |  | (7 | )
Total consolidated other expense (income) | $ | 164 |  |  | $ | 12 |  |  | $ | 386 |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
DD&A |  |  |  |  |
Natural Gas Pipelines | $ | 1,058 |  |  | $ | 1,011 |  |  | $ | 1,041 |
Products Pipelines | 228 |  |  | 216 |  |  | 221 |
Terminals | 484 |  |  | 472 |  |  | 435 |
CO 2 | 473 |  |  | 493 |  |  | 446 |
Kinder Morgan Canada | 29 |  |  | 46 |  |  | 44 |
Corporate | 25 |  |  | 23 |  |  | 22 |
Total consolidated DD&A | $ | 2,297 |  |  | $ | 2,261 |  |  | $ | 2,209 |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Earnings from equity investments and amortization of excess cost of equity investments, including loss on impairments |  |  |  |  |
Natural Gas Pipelines | $ | 391 |  |  | $ | 253 |  |  | $ | (269 | )
Products Pipelines | 75 |  |  | 48 |  |  | 56 |
Terminals | 22 |  |  | 24 |  |  | 19 |
CO 2 | 34 |  |  | 42 |  |  | 22 |
Total consolidated equity earnings | $ | 522 |  |  | $ | 367 |  |  | $ | (172 | )
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Other, net-income (expense) |  |  |  |  |
Natural Gas Pipelines | $ | 37 |  |  | $ | 49 |  |  | $ | 19 |
Products Pipelines | 3 |  |  | (1 | ) |  | 2 |
Terminals | 2 |  |  | 8 |  |  | 4 |
Kinder Morgan Canada | 26 |  |  | 25 |  |  | 15 |
Corporate | 39 |  |  | 16 |  |  | 38 |
Total consolidated other, net-income (expense) | $ | 107 |  |  | $ | 97 |  |  | $ | 78 |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Segment EBDA(d) |  |  |  |  |
Natural Gas Pipelines | $ | 3,580 |  |  | $ | 3,487 |  |  | $ | 3,211 |
Products Pipelines | 1,173 |  |  | 1,231 |  |  | 1,067 |
Terminals | 1,171 |  |  | 1,224 |  |  | 1,078 |
CO 2 | 759 |  |  | 847 |  |  | 827 |
Kinder Morgan Canada | 720 |  |  | 186 |  |  | 181 |
Total segment EBDA | 7,403 |  |  | 6,975 |  |  | 6,364 |
DD&A | (2,297 | ) |  | (2,261 | ) |  | (2,209 | )
Amortization of excess cost of equity investments | (95 | ) |  | (61 | ) |  | (59 | )
General and administrative and corporate charges | (588 | ) |  | (660 | ) |  | (652 | )
Interest, net | (1,917 | ) |  | (1,832 | ) |  | (1,806 | )
Income tax expense | (587 | ) |  | (1,938 | ) |  | (917 | )
Total consolidated net income | $ | 1,919 |  |  | $ | 223 |  |  | $ | 721 |
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Capital expenditures |  |  |  |  |
Natural Gas Pipelines | $ | 1,620 |  |  | $ | 1,376 |  |  | $ | 1,227 |
Products Pipelines | 150 |  |  | 127 |  |  | 244 |
Terminals | 380 |  |  | 888 |  |  | 983 |
CO 2 | 397 |  |  | 436 |  |  | 276 |
Kinder Morgan Canada | 332 |  |  | 338 |  |  | 124 |
Corporate | 25 |  |  | 23 |  |  | 28 |
Total consolidated capital expenditures | $ | 2,904 |  |  | $ | 3,188 |  |  | $ | 2,882 |
| 2018 |  | 2017 |  |
Investments at December 31 |  |  |  |  |
Natural Gas Pipelines | $ | 6,358 |  |  | $ | 6,218 |  |  |
Products Pipelines | 839 |  |  | 777 |  |  |
Terminals | 268 |  |  | 263 |  |  |
CO 2 | 16 |  |  | 6 |  |  |
Kinder Morgan Canada | — |  |  | 34 |  |  |
Total consolidated investments | $ | 7,481 |  |  | $ | 7,298 |  |  |
| 2018 |  | 2017 |  |
Assets at December 31 |  |  |  |  |
Natural Gas Pipelines | $ | 51,562 |  |  | $ | 51,173 |  |  |
Products Pipelines | 8,429 |  |  | 8,539 |  |  |
Terminals | 9,283 |  |  | 9,935 |  |  |
CO 2 | 3,928 |  |  | 3,946 |  |  |
Kinder Morgan Canada | — |  |  | 2,080 |  |  |
Corporate assets(e) | 5,664 |  |  | 3,382 |  |  |
Total consolidated assets | $ | 78,866 |  |  | $ | 79,055 |  |  |
_______
(a) | 2017 and 2016 amounts include a management fee of $35 million and $34 million, respectively, for services we perform as operator of an equity investee.
(b) | Includes costs of sales, operations and maintenance expenses, and taxes, other than income taxes.
(c) | Includes loss on impairments and divestitures, net and other income, net.
(d) | Includes revenues, earnings from equity investments, other, net, less operating expenses, loss on impairments and divestitures, net, loss on impairments and divestitures of equity investments, net and other income, net,
(e) | Includes cash and cash equivalents, margin and restricted deposits, certain prepaid assets and deferred charges, including income tax related assets, risk management assets related to debt fair value adjustments, corporate headquarters in Houston, Texas and miscellaneous corporate assets (such as information technology, telecommunications equipment and legacy activity) not allocated to our reportable segments.
Schedule of Revenue and Long-lived Assets from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] | Following is geographic information regarding the revenues and long-lived assets of our business (in millions):
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Revenues from external customers |  |  |  |  |
U.S. | $ | 13,596 |  |  | $ | 13,073 |  |  | $ | 12,459 |
Canada | 447 |  |  | 503 |  |  | 483 |
Mexico and other foreign | 101 |  |  | 129 |  |  | 116 |
Total consolidated revenues from external customers | $ | 14,144 |  |  | $ | 13,705 |  |  | $ | 13,058 |
| December 31,
| 2018 |  | 2017 |  | 2016
Long-term assets, excluding goodwill and other intangibles |  |  |  |  |
U.S. | $ | 47,468 |  |  | $ | 47,928 |  |  | $ | 49,125 |
Canada | 748 |  |  | 3,071 |  |  | 2,399 |
Mexico and other foreign | 83 |  |  | 80 |  |  | 82 |
Total consolidated long-lived assets | $ | 48,299 |  |  | $ | 51,079 |  |  | $ | 51,606 |

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration