Stock Analysis on Net
Stock Analysis on Net

Kinder Morgan Inc. (NYSE:KMI)

$22.49

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

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Kinder Morgan Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Current portion of debt
Accounts payable
Distributions payable to KML noncontrolling interests
Accrued interest
Accrued taxes
Other current liabilities
Current liabilities
Outstanding
Debt fair value adjustments
Long-term debt, excluding current portion
Other long-term liabilities and deferred credits
Long-term liabilities and deferred credits
Total liabilities
Redeemable noncontrolling interest
Class P shares, $0.01 par value
Additional paid-in capital
Retained deficit
Accumulated other comprehensive loss
Total Kinder Morgan, Inc.’s stockholders’ equity
Noncontrolling interests
Total stockholders’ equity
Total liabilities, redeemable noncontrolling interest and stockholders’ equity

Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

The analysis of the quarterly financial data reveals several notable trends and fluctuations across key financial items over the examined periods.

Current Portion of Debt
The current portion of debt experienced significant volatility, with a sharp decline from 3,435 million USD in March 2015 to a low of 821 million USD in December 2015, followed by fluctuations and a marked increase to 4,406 million USD in September 2019 before decreasing again to 3,540 million USD by March 2020. This pattern indicates variability in short-term debt obligations.
Accounts Payable
Accounts payable showed a gradual decline overall, starting at 1,393 million USD in March 2015, decreasing to 752 million USD by March 2020. The decline was not steady, with minor fluctuations during the intervals, suggesting some variability in the company's short-term payment obligations.
Accrued Interest
Accrued interest displayed a generally decreasing trend from 538 million USD in early 2015 to 337 million USD by March 2020, with intermediate fluctuations. This trend may reflect changes in interest-bearing liabilities or adjustments in interest accrual practices.
Other Current Liabilities
Other current liabilities fluctuated moderately, peaking at 1,446 million USD in September 2018, then declining to 684 million USD by March 2020. This suggests variable short-term obligations not classified elsewhere.
Total Current Liabilities
Current liabilities exhibited considerable volatility, dropping significantly from 6,784 million USD in March 2015 to 4,065 million USD in December 2015, then rising and falling intermittently, ending at 5,608 million USD in March 2020. This fluctuations indicate changes in the company's short-term financial obligations.
Outstanding Debt
The outstanding debt decreased steadily over the period, falling from 39,733 million USD in March 2015 to 29,955 million USD in March 2020. This decline points to a reduction in the company's long-term borrowings.
Long-term Debt, Excluding Current Portion
Long-term debt followed a downward trajectory, decreasing from 41,824 million USD in March 2015 to 31,405 million USD by March 2020, consistent with the pattern observed in outstanding debt, reflecting deleveraging efforts.
Total Liabilities
Total liabilities decrease from 50,805 million USD in March 2015 to 39,273 million USD in March 2020, with some minor fluctuations. The overall trend towards reduced liabilities complements the reductions in debt categories.
Stockholders’ Equity
Total stockholders’ equity remained relatively stable, fluctuating slightly around the mid-30,000 million USD range, starting at 35,359 million USD in 2015 and ending at 33,464 million USD in March 2020. This stability suggests balanced changes in retained earnings, paid-in capital, and comprehensive income impacts.
Retained Deficit
Retained deficit deepened over the period, increasing in magnitude from -2,639 million USD in March 2015 to -8,568 million USD in March 2020. This trend indicates accumulated net losses or distributions exceeding earnings.
Accumulated Other Comprehensive Loss
The accumulated other comprehensive loss showed improvement, decreasing from -193 million USD in March 2015 to -62 million USD by March 2020, though with some fluctuations. This may reflect reduced losses in certain valuation adjustments or foreign currency effects.

Overall, the financial data shows a clear effort to reduce outstanding and long-term debt, resulting in lower total liabilities. Despite this deleveraging, the retained deficit increased, indicating ongoing challenges in profitability or earnings retention. Current liabilities and related short-term obligations were subject to significant fluctuations, possibly reflecting shifting operational or financing activities. Stockholders' equity remained relatively consistent in this context, with minor variations influenced by comprehensive income and capital transactions.