← KINDER MORGAN, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $708.0m $183.0m $1.6b $2.2b $119.0m $1.8b $2.5b $2.4b $2.6b $3.1b
Net Income (Loss) Available to Common Stockholders, Basic $552.0m $27.0m $1.5b $2.2b $119.0m $1.8b $2.5b $2.4b $2.6b $3.2b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $721.0m $223.0m $1.9b $2.2b $180.0m $1.9b $2.6b $2.5b $2.7b $3.2b
Net Income (Loss) Attributable to Noncontrolling Interest $13.0m $40.0m $310.0m $49.0m $61.0m $66.0m $77.0m $95.0m $107.0m $104.0m
Depreciation, Depletion and Amortization $2.2b $2.3b $2.3b $2.4b $2.2b $2.1b $2.2b $2.2b $2.4b $2.5b
Amortization of Intangible Assets $223.0m $220.0m $219.0m $214.0m $212.0m $237.0m $253.0m $202.0m $197.0m $190.0m
Other Depreciation and Amortization $59.0m $61.0m $95.0m $83.0m $140.0m $78.0m $75.0m $66.0m — —
Deferred Income Tax Expense (Benefit) $1.1b $2.1b $405.0m $717.0m $345.0m $355.0m $692.0m $710.0m $647.0m $780.0m
Equity Method Investment, Other than Temporary Impairment $610.0m $150.0m $270.0m — — — — — — —
Gain (Loss) on Sale of Assets and Asset Impairment Charges — $172.0m ($167.0m) $942.0m ($1.9b) ($1.6b) $32.0m $15.0m $74.0m $6.0m
Goodwill, Impairment Loss $0 $0 — — $1.6b — — — — —
Equity Method Investment, Realized Gain (Loss) on Disposal — — — $0 $0 $206.0m $0 $0 $0 $123.0m
Gain (Loss) on Extinguishment of Debt $45.0m ($4.0m) $0 — — — — — — —
Income (Loss) from Equity Method Investments $497.0m $578.0m $887.0m $101.0m $780.0m $591.0m $803.0m $838.0m $890.0m $896.0m
Income Tax Expense (Benefit) $917.0m $1.9b $587.0m $926.0m $481.0m $369.0m $710.0m $715.0m $687.0m $832.0m
Operating Lease, Lease Income — — — $951.0m $1.2b $1.3b $1.3b $1.4b $1.4b $1.5b
Other Nonoperating Income (Expense) $44.0m $82.0m $107.0m $75.0m $56.0m $282.0m $55.0m ($37.0m) $27.0m $173.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $107.0m $78.0m $50.0m ($105.0m) ($88.0m) $265.0m $220.0m ($301.0m) ($52.0m) $192.0m
Increase (Decrease) in Inventories ($49.0m) $90.0m ($15.0m) ($4.0m) ($16.0m) $202.0m $183.0m ($188.0m) $12.0m $21.0m
Increase (Decrease) in Accounts Payable $144.0m $73.0m $21.0m ($198.0m) ($19.0m) $387.0m $161.0m ($201.0m) ($5.0m) $96.0m
Asset Retirement Obligation, Accretion Expense — — — — — — $12.0m $12.0m $13.0m $14.0m
General and Administrative Expense $669.0m $673.0m $601.0m $590.0m $648.0m $655.0m $637.0m $668.0m $712.0m $744.0m
Goodwill $22.2b $22.2b $22.0b $21.5b $19.9b $19.9b $20.0b $20.1b $20.1b $20.1b
Marketable Securities, Unrealized Gain (Loss) — ($40.0m) — — — — — — — —
Nonoperating Income (Expense) ($1.9b) ($1.4b) ($1.3b) ($1.7b) ($899.0m) ($697.0m) ($730.0m) ($1.1b) ($977.0m) ($732.0m)
Operating Costs and Expenses $2.3b $2.5b $2.5b $2.6b $2.5b $2.4b $2.7b $2.8b $3.0b $3.1b
Operating Expenses — — — — — — — $759.0m $736.0m $746.0m
Proceeds from Contributions from Parent — — — $0 — — — — — —
Unrealized Gain (Loss) on Derivatives — — ($77.0m) $22.0m $5.0m — — $126.0m ($72.0m) $23.0m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $116.0m $171.0m ($84.0m) ($6.0m) — — — — — —
Other Operating Income (Expense), Net $1.0m $1.0m $3.0m $3.0m $2.0m $7.0m $7.0m ($2.0m) $92.0m $15.0m
Net Cash Provided by (Used in) Operating Activities $4.8b $4.6b $5.0b $4.7b $4.5b $5.7b $5.0b $6.5b $5.6b $5.9b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.9b $3.2b $2.9b $2.3b $1.7b $1.3b $1.6b $2.3b $2.6b $3.0b
Payments to Acquire Businesses, Net of Cash Acquired $333.0m $4.0m $39.0m $79.0m $16.0m — — — — —
Payments for (Proceeds from) Other Investing Activities $44.0m ($22.0m) $0 ($23.0m) $25.0m $8.0m $0 $4.0m ($6.0m) $39.0m
Net Cash Provided by (Used in) Investing Activities ($1.7b) ($3.4b) ($68.0m) ($1.7b) ($911.0m) ($2.3b) ($2.2b) ($4.2b) ($2.6b) ($3.2b)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $0 $0 — — — — — — — —
Payments for Repurchase of Common Stock — — $273.0m $2.0m $50.0m $0 $368.0m $522.0m $7.0m $0
Payments of Ordinary Dividends, Common Stock $1.1b $1.1b $1.6b $2.2b $2.4b $2.4b $2.5b $2.5b $2.6b $2.6b
Proceeds from Noncontrolling Interests $117.0m $12.0m $19.0m $3.0m $0 $0 — $3.0m $0 $0
Proceeds from (Payments for) Other Financing Activities $0 ($9.0m) ($17.0m) ($28.0m) ($13.0m) ($25.0m) ($14.0m) ($29.0m) ($20.0m) ($29.0m)
Net Cash Provided by (Used in) Financing Activities ($2.6b) ($1.7b) ($1.8b) ($6.2b) ($2.6b) ($3.5b) ($3.1b) ($3.0b) ($2.9b) ($2.8b)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2.0m $22.0m ($146.0m) $29.0m ($1.0m) $0 $0 $0 ($1.0m) $0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $2.0m $22.0m $3.0b ($3.1b) $1.0b ($62.0m) ($353.0m) ($698.0m) $118.0m ($105.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $2.0m $22.0m $3.3b $209.0m $1.2b $1.1b $794.0m $96.0m $214.0m $109.0m
Restricted Cash and Investments, Current $103.0m $62.0m $51.0m $24.0m $25.0m $7.0m $49.0m $13.0m $126.0m $46.0m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $2.0b $1.9b $1.9b $1.9b $1.7b $1.5b $1.5b $1.8b $1.8b $1.8b
Income Taxes Paid, Net $4.0m ($140.0m) ($109.0m) $372.0m $227.0m $10.0m $13.0m $11.0m $33.0m $47.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.