Stock Analysis on Net

Kinder Morgan Inc. (NYSE:KMI)

This company has been moved to the archive! The financial data has not been updated since April 29, 2020.

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Kinder Morgan Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Cash and cash equivalents 185 3,280 264 684 229
Restricted deposits 24 51 62 103 60
Marketable securities at fair value 925
Accounts receivable, net 1,370 1,498 1,448 1,370 1,315
Fair value of derivative contracts 84 260 114 198 507
Inventories 371 385 424 357 407
Other current assets 279 248 403 517 306
Current assets 3,238 5,722 2,715 3,229 2,824
Property, plant and equipment, net 36,419 37,897 40,155 38,705 40,547
Investments 7,759 7,481 7,298 7,027 6,040
Goodwill 21,451 21,965 22,162 22,152 23,790
Other intangibles, net 2,676 2,880 3,099 3,318 3,551
Deferred income taxes 857 1,566 2,044 4,352 5,323
Deferred charges and other assets 1,757 1,355 1,582 1,522 2,029
Non-current assets 70,919 73,144 76,340 77,076 81,280
Total assets 74,157 78,866 79,055 80,305 84,104

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Kinder Morgan Inc. current assets increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Kinder Morgan Inc. property, plant and equipment, net decreased from 2017 to 2018 and from 2018 to 2019.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Kinder Morgan Inc. non-current assets decreased from 2017 to 2018 and from 2018 to 2019.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Kinder Morgan Inc. total assets decreased from 2017 to 2018 and from 2018 to 2019.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Kinder Morgan Inc. cash and cash equivalents increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Marketable securities at fair value Amount of investment in marketable security, classified as current.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Kinder Morgan Inc. accounts receivable, net increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Kinder Morgan Inc. inventories decreased from 2017 to 2018 and from 2018 to 2019.