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v3.19.3.a.u2

Reportable Segments (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial information by segment follows (in millions):
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Revenues |  |  |  |  |
Natural Gas Pipelines |  |  |  |  |
Revenues from external customers | $ | 8,128 |  |  | $ | 8,807 |  |  | $ | 8,502 |
Intersegment revenues | 42 |  |  | 48 |  |  | 22 |
Products Pipelines | 1,831 |  |  | 1,887 |  |  | 1,744 |
Terminals |  |  |  |  |  |
Revenues from external customers | 2,031 |  |  | 2,025 |  |  | 1,972 |
Intersegment revenues | 3 |  |  | 2 |  |  | 2 |
CO 2 | 1,219 |  |  | 1,255 |  |  | 1,196 |
Kinder Morgan Canada | — |  |  | 170 |  |  | 256 |
Corporate and intersegment eliminations(a) | (45 | ) |  | (50 | ) |  | 11 |
Total consolidated revenues(b) | $ | 13,209 |  |  | $ | 14,144 |  |  | $ | 13,705 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Operating expenses(c) |  |  |  |  |
Natural Gas Pipelines | $ | 4,213 |  |  | $ | 5,218 |  |  | $ | 5,371 |
Products Pipelines | 684 |  |  | 748 |  |  | 564 |
Terminals | 888 |  |  | 823 |  |  | 793 |
CO 2 | 496 |  |  | 453 |  |  | 394 |
Kinder Morgan Canada | — |  |  | 72 |  |  | 95 |
Corporate and intersegment eliminations | (1 | ) |  | (26 | ) |  | (2 | )
Total consolidated operating expenses | $ | 6,280 |  |  | $ | 7,288 |  |  | $ | 7,215 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Other (income) expense(d) |  |  |  |  |
Natural Gas Pipelines | $ | (680 | ) |  | $ | 629 |  |  | $ | 26 |
Products Pipelines | — |  |  | (2 | ) |  | — |
Terminals | (342 | ) |  | 54 |  |  | (14 | )
CO 2 | 77 |  |  | 79 |  |  | (1 | )
Kinder Morgan Canada | 2 |  |  | (596 | ) |  | — |
Corporate | (2 | ) |  | — |  |  | 1 |
Total consolidated other (income) expense | $ | (945 | ) |  | $ | 164 |  |  | $ | 12 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
DD&A |  |  |  |  |
Natural Gas Pipelines | $ | 1,005 |  |  | $ | 955 |  |  | $ | 909 |
Products Pipelines | 338 |  |  | 326 |  |  | 310 |
Terminals | 494 |  |  | 489 |  |  | 480 |
CO 2 | 548 |  |  | 473 |  |  | 493 |
Kinder Morgan Canada | — |  |  | 29 |  |  | 46 |
Corporate | 26 |  |  | 25 |  |  | 23 |
Total consolidated DD&A | $ | 2,411 |  |  | $ | 2,297 |  |  | $ | 2,261 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Earnings (loss) from equity investments and amortization of excess cost of equity investments, including loss on impairments of equity investments |  |  |  |  |
Natural Gas Pipelines | $ | (101 | ) |  | $ | 410 |  |  | $ | 258 |
Products Pipelines | 63 |  |  | 56 |  |  | 43 |
Terminals | 23 |  |  | 22 |  |  | 24 |
CO 2 | 33 |  |  | 34 |  |  | 42 |
Total consolidated equity earnings | $ | 18 |  |  | $ | 522 |  |  | $ | 367 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Other, net-income (expense) |  |  |  |  |
Natural Gas Pipelines | $ | 53 |  |  | $ | 39 |  |  | $ | 44 |
Products Pipelines | 6 |  |  | 2 |  |  | 4 |
Terminals | (5 | ) |  | 3 |  |  | 8 |
Kinder Morgan Canada | — |  |  | 26 |  |  | 25 |
Corporate | 21 |  |  | 37 |  |  | 16 |
Total consolidated other, net-income (expense) | $ | 75 |  |  | $ | 107 |  |  | $ | 97 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Segment EBDA(e) |  |  |  |  |
Natural Gas Pipelines | $ | 4,661 |  |  | $ | 3,540 |  |  | $ | 3,478 |
Products Pipelines | 1,225 |  |  | 1,209 |  |  | 1,237 |
Terminals | 1,506 |  |  | 1,175 |  |  | 1,227 |
CO 2 | 681 |  |  | 759 |  |  | 847 |
Kinder Morgan Canada | (2 | ) |  | 720 |  |  | 186 |
Total Segment EBDA(f) | 8,071 |  |  | 7,403 |  |  | 6,975 |
DD&A | (2,411 | ) |  | (2,297 | ) |  | (2,261 | )
Amortization of excess cost of equity investments | (83 | ) |  | (95 | ) |  | (61 | )
General and administrative and corporate charges | (611 | ) |  | (588 | ) |  | (660 | )
Interest, net | (1,801 | ) |  | (1,917 | ) |  | (1,832 | )
Income tax expense | (926 | ) |  | (587 | ) |  | (1,938 | )
Total consolidated net income | $ | 2,239 |  |  | $ | 1,919 |  |  | $ | 223 |
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Capital expenditures |  |  |  |  |
Natural Gas Pipelines | $ | 1,377 |  |  | $ | 1,565 |  |  | $ | 1,349 |
Products Pipelines | 175 |  |  | 199 |  |  | 149 |
Terminals | 347 |  |  | 386 |  |  | 893 |
CO 2 | 349 |  |  | 397 |  |  | 436 |
Kinder Morgan Canada | — |  |  | 332 |  |  | 338 |
Corporate | 22 |  |  | 25 |  |  | 23 |
Total consolidated capital expenditures | $ | 2,270 |  |  | $ | 2,904 |  |  | $ | 3,188 |
| December 31,
| 2019 |  | 2018
Investments |  |  |
Natural Gas Pipelines | $ | 6,991 |  |  | $ | 6,709 |
Products Pipelines | 491 |  |  | 488 |
Terminals | 251 |  |  | 268 |
CO 2 | 26 |  |  | 16 |
Total consolidated investments | $ | 7,759 |  |  | $ | 7,481 |
| December 31,
| 2019 |  | 2018
Assets |  |  |
Natural Gas Pipelines | $ | 50,310 |  |  | $ | 50,261 |
Products Pipelines | 9,468 |  |  | 9,598 |
Terminals | 8,890 |  |  | 9,415 |
CO 2 | 3,523 |  |  | 3,928 |
Corporate assets(g) | 1,966 |  |  | 5,664 |
Total consolidated assets(h) | $ | 74,157 |  |  | $ | 78,866 |
_______
(a) | 2017 amount includes a management fee of $35 million for services we perform as operator of an equity investee.
(b) | Revenues previously reported (before reclassifications) for the year ended December 31, 2018 were $9,015 million, $1,713 million, $2,019 million and $(28) million and for the year ended December 31, 2017 were $8,618 million, $1,661 million, $1,966 million and $8 million for the Natural Gas Pipelines, Products Pipelines and Terminals business segments, and the Corporate and intersegment eliminations, respectively.
(c) | Includes costs of sales, operations and maintenance expenses, and taxes, other than income taxes.
(d) | Includes (gain) loss on divestitures and impairments, net and other income, net.
(e) | Includes revenues, earnings from equity investments, and other, net, less operating expenses, (gain) loss on divestitures and impairments, net and other income, net.
(f) | Segment EBDA previously reported (before reclassifications) for the year ended December 31, 2018 were $3,580 million, $1,173 million and $1,171 million and for the year ended December 31, 2017 were $3,487 million, $1,231 million and $1,224 million for the Natural Gas Pipelines, Products Pipelines and Terminals business segments, respectively.
(g) | 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.
(h) Assets previously reported as of December 31, 2018 were $51,562 million, $8,429 million and $9,283 million for the Natural Gas Pipelines, Products Pipelines and Terminals business segments, respectively. The reclassification included a transfer of $450 million of goodwill from the Natural Gas Pipelines Non-Regulated reporting unit to the Products Pipelines reporting unit.
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,
| 2019 |  | 2018 |  | 2017
Revenues from external customers |  |  |  |  |
U.S. | $ | 12,833 |  |  | $ | 13,596 |  |  | $ | 13,073 |
Canada | 300 |  |  | 447 |  |  | 503 |
Mexico and other foreign | 76 |  |  | 101 |  |  | 129 |
Total consolidated revenues from external customers | $ | 13,209 |  |  | $ | 14,144 |  |  | $ | 13,705 |
| December 31,
| 2019 |  | 2018 |  | 2017
Long-term assets, excluding goodwill and other intangibles |  |  |  |  |
U.S. | $ | 46,709 |  |  | $ | 47,468 |  |  | $ | 47,928 |
Canada | 1 |  |  | 748 |  |  | 3,071 |
Mexico and other foreign | 82 |  |  | 83 |  |  | 80 |
Total consolidated long-lived assets | $ | 46,792 |  |  | $ | 48,299 |  |  | $ | 51,079 |

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- 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
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