XML 24 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Revenues $ 15,334 $ 19,200 $ 16,610
Operating Costs, Expenses and Other      
Costs of sales (exclusive of items shown separately below) 4,938 9,255 6,493
Operations and maintenance 2,807 2,655 2,368
Depreciation, depletion and amortization 2,250 2,186 2,135
General and administrative 668 637 655
Taxes, other than income taxes 421 441 426
(Gain) loss on divestitures and impairments, net (Note 4) (15) (32) 1,624
Other expense (income), net 2 (7) (7)
Total Operating Costs, Expenses and Other 11,071 15,135 13,694
Operating Income 4,263 4,065 2,916
Other Income (Expense)      
Earnings from equity investments 838 803 591
Amortization of excess cost of equity investments (66) (75) (78)
Interest, net (1,797) (1,513) (1,492)
Other, net (Note 3) (37) 55 282
Total Other Expense (1,062) (730) (697)
Income Before Income Taxes 3,201 3,335 2,219
Income Tax Expense (715) (710) (369)
Net Income 2,486 2,625 1,850
Net Income Attributable to Noncontrolling Interests (95) (77) (66)
Net Income Attributable to Kinder Morgan, Inc. $ 2,391 $ 2,548 $ 1,784
Class P Common Stock      
Basic Earnings Per Share $ 1.06 $ 1.12 $ 0.78
Diluted Earnings Per Share $ 1.06 $ 1.12 $ 0.78
Basic Weighted Average Shares Outstanding 2,234 2,258 2,266
Diluted Weighted Average Shares Outstanding 2,234 2,258 2,266
Services      
Revenues      
Revenues $ 8,371 $ 8,145 $ 7,757
Commodity sales      
Revenues      
Revenues 6,786 10,897 8,714
Other      
Revenues      
Revenues $ 177 $ 158 $ 139