XML 58 R42.htm IDEA: XBRL DOCUMENT v3.20.4
Reportable Segments (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Financial information by segment follows: 
Year Ended December 31,
202020192018
(In millions)
Revenues   
Natural Gas Pipelines   
Revenues from external customers$7,222 $8,128 $8,807 
Intersegment revenues37 42 48 
Products Pipelines1,721 1,831 1,887 
Terminals 
Revenues from external customers1,719 2,031 2,025 
Intersegment revenues
CO2
1,038 1,219 1,255 
Kinder Morgan Canada— — 170 
Corporate and intersegment eliminations(40)(45)(50)
Total consolidated revenues$11,700 $13,209 $14,144 
 Year Ended December 31,
202020192018
(In millions)
Operating expenses(a)   
Natural Gas Pipelines$3,457 $4,213 $5,218 
Products Pipelines779 684 748 
Terminals762 888 823 
CO2
404 496 453 
Kinder Morgan Canada— — 72 
Corporate and intersegment eliminations(4)(1)(26)
Total consolidated operating expenses$5,398 $6,280 $7,288 
 Year Ended December 31,
 202020192018
(In millions)
Other expense (income)(b)   
Natural Gas Pipelines$1,009 $(680)$629 
Products Pipelines21 — (2)
Terminals(50)(342)54 
CO2
950 77 79 
Kinder Morgan Canada— (596)
Corporate— (2)— 
Total consolidated other expense (income)$1,930 $(945)$164 
 Year Ended December 31,
 202020192018
(In millions)
DD&A   
Natural Gas Pipelines$1,062 $1,005 $955 
Products Pipelines347 338 326 
Terminals438 494 489 
CO2
291 548 473 
Kinder Morgan Canada— — 29 
Corporate26 26 25 
Total consolidated DD&A$2,164 $2,411 $2,297 
 Year Ended December 31,
 202020192018
(In millions)
Earnings (loss) from equity investments and amortization of excess cost of equity investments, including loss on impairments of equity investments   
Natural Gas Pipelines$551 $(101)$410 
Products Pipelines45 63 56 
Terminals22 23 22 
CO2
22 33 34 
Total consolidated equity earnings$640 $18 $522 
 Year Ended December 31,
 202020192018
(In millions)
Other, net-income (expense)   
Natural Gas Pipelines$11 $53 $39 
Products Pipelines
Terminals13 (5)
Kinder Morgan Canada— — 26 
Corporate31 21 37 
Total consolidated other, net-income (expense)$56 $75 $107 
 Year Ended December 31,
 202020192018
(In millions)
Segment EBDA(c)   
Natural Gas Pipelines$3,483 $4,661 $3,540 
Products Pipelines977 1,225 1,209 
Terminals1,045 1,506 1,175 
CO2
(292)681 759 
Kinder Morgan Canada— (2)720 
Total Segment EBDA5,213 8,071 7,403 
DD&A(2,164)(2,411)(2,297)
Amortization of excess cost of equity investments(140)(83)(95)
General and administrative and corporate charges(653)(611)(588)
Interest, net(1,595)(1,801)(1,917)
Income tax expense(481)(926)(587)
Total consolidated net income$180 $2,239 $1,919 
 Year Ended December 31,
 202020192018
(In millions)
Capital expenditures   
Natural Gas Pipelines$945 $1,377 $1,565 
Products Pipelines122 175 199 
Terminals433 347 386 
CO2
186 349 397 
Kinder Morgan Canada— — 332 
Corporate21 22 25 
Total consolidated capital expenditures$1,707 $2,270 $2,904 
December 31,
 20202019
(In millions)
Investments  
Natural Gas Pipelines$7,262 $6,991 
Products Pipelines494 491 
Terminals136 251 
CO2
25 26 
Total consolidated investments               $7,917 $7,759 
December 31,
 20202019
(In millions)
Assets  
Natural Gas Pipelines$48,597 $50,310 
Products Pipelines9,182 9,468 
Terminals8,639 8,890 
CO2
2,478 3,523 
Corporate assets(d)3,077 1,966 
Total consolidated assets                                                                          $71,973 $74,157 
(a)Includes costs of sales, operations and maintenance expenses, and taxes, other than income taxes.
(b)Includes loss (gain) on impairments and divestitures, net and other income, net.
(c)Includes revenues, earnings from equity investments, and other, net, less operating expenses, loss (gain) on impairments and divestitures, net and other income, net.
(d)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 balances) 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:
 Year Ended December 31,
 202020192018
(In millions)
Revenues from external customers   
U.S.$11,625 $12,833 $13,596 
Canada— 300 447 
Mexico and other foreign75 76 101 
Total consolidated revenues from external customers$11,700 $13,209 $14,144 
December 31,
 202020192018
(In millions)
Long-term assets, excluding goodwill and other intangibles  
U.S.$46,384 $46,709 $47,468 
Canada748 
Mexico and other foreign81 82 83 
Total consolidated long-lived assets$46,466 $46,792 $48,299