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Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following tables present our revenues disaggregated by revenue source and type of revenue for each revenue source:

						Year Ended December 31, 2020
						Natural Gas Pipelines						Products Pipelines						Terminals						CO2						Corporate and Eliminations						Total
						(In millions)
Revenues from contracts with customers(a)
Services
Firm services(b)						$	3,345					$	271					$	756					$	1					$	(3)					$	4,370
Fee-based services						714						905						395						42						—						2,056
Total services						4,059						1,176						1,151						43						(3)						6,426
Commodity sales
Natural gas sales						2,038						—						—						1						(7)						2,032
Product sales						562						358						14						735						(30)						1,639
Total commodity sales						2,600						358						14						736						(37)						3,671
Total revenues from contracts with customers						6,659						1,534						1,165						779						(40)						10,097
Other revenues(c)
Leasing services						466						166						557						47						—						1,236
Derivatives adjustments on commodity sales						18						—						—						203						—						221
Other						116						21						—						9						—						146
Total other revenues						600						187						557						259						—						1,603
Total revenues						$	7,259					$	1,721					$	1,722					$	1,038					$	(40)					$	11,700

						Year Ended December 31, 2019
						Natural Gas Pipelines						Products Pipelines						Terminals						CO2						Corporate and Eliminations						Total
						(In millions)
Revenues from contracts with customers(a)
Services
Firm services(b)						$	3,549					$	319					$	1,012					$	1					$	(4)					$	4,877
Fee-based services						780						1,016						560						60						—						2,416
Total services						4,329						1,335						1,572						61						(4)						7,293
Commodity sales
Natural gas sales						2,603						—						—						1						(9)						2,595
Product sales						805						289						20						1,111						(33)						2,192
Total commodity sales						3,408						289						20						1,112						(42)						4,787
Total revenues from contracts with customers						7,737						1,624						1,592						1,173						(46)						12,080
Other revenues(c)
Leasing services						273						182						442						54						—						951
Derivatives adjustments on commodity sales						70						—						—						(21)						—						49
Other						90						25						—						13						1						129
Total other revenues						433						207						442						46						1						1,129
Total revenues						$	8,170					$	1,831					$	2,034					$	1,219					$	(45)					$	13,209

						Year Ended December 31, 2018
						Natural Gas Pipelines						Products Pipelines						Terminals						CO2						Kinder Morgan Canada(d)						Corporate and Eliminations						Total
						(In millions)
Revenues from contracts with customers(a)
Services
Firm services(b)						$	3,387					$	376					$	983					$	2					$	—					$	(2)					$	4,746
Fee-based services						692						956						584						67						167						—						2,466
Total services						4,079						1,332						1,567						69						167						(2)						7,212
Commodity sales
Natural gas sales						3,327						—						—						2						—						(11)						3,318
Product sales						1,190						393						20						1,222						—						(37)						2,788
Total commodity sales						4,517						393						20						1,224						—						(48)						6,106
Total revenues from contracts with customers						8,596						1,725						1,587						1,293						167						(50)						13,318
Other revenues(c)
Leasing services						220						158						440						48						2						—						868
Derivatives adjustments on commodity sales						(25)						—						—						(108)						—						—						(133)
Other						64						4						—						22						1						—						91
Total other revenues						259						162						440						(38)						3						—						826
Total revenues						$	8,855					$	1,887					$	2,027					$	1,255					$	170					$	(50)					$	14,144

(a)Differences between the revenue classifications presented on the consolidated statements of income and the categories for the disaggregated revenues by type of revenue above are primarily attributable to revenues reflected in the “Other revenues” category above (see note (c)).

(b)Includes non-cancellable firm service customer contracts with take-or-pay or minimum volume commitment elements, including those contracts where both the price and quantity amount are fixed. Excludes service contracts with indexed-based pricing, which along with revenues from other customer service contracts are reported as Fee-based services.

(c)Amounts recognized as revenue under guidance prescribed in Topics of the ASC other than in Topic 606 were primarily from leases and derivative contracts. See Note 14 for additional information related to our derivative contracts.

(d)On August 31, 2018, the assets comprising the Kinder Morgan Canada business segment were sold; therefore, this segment does not have results of operations on a prospective basis (see Note 4).

Revenue Allocated to Remaining Performance Obligations

The following table presents our estimated revenue allocated to remaining performance obligations for contracted revenue that has not yet been recognized, representing our “contractually committed” revenue as of December 31, 2020 that we will invoice or transfer from contract liabilities and recognize in future periods:

Year						Estimated Revenue
						(In millions)
2021						$	4,281
2022						3,500
2023						2,824
2024						2,439
2025						2,073
Thereafter						13,286
Total						$	28,403

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

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- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

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