10-Q Filing

KINDER MORGAN MANAGEMENT LLC CIK: 1135017 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001135017-12-000064`
Period End Date	20120630
Filing Date	20120727
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	kmr-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 24 Income Statement 20 Cash Flow Statement 36 Comprehensive Income 44

Balance Sheet 24 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, related party	`DueFromRelatedPartiesCurrent`	$10.00M	USD	Point-in-time
Accounts receivable, related party	`DueFromRelatedPartiesCurrent`	$10.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.00M	USD	Point-in-time
Investment in Kinder Morgan Energy Partners, L.P.	`EquityMethodInvestments`	$2.67B	USD	Point-in-time
Investment in Kinder Morgan Energy Partners, L.P.	`EquityMethodInvestments`	$2.72B	USD	Point-in-time
Total Assets	`Assets`	$2.73B	USD	Point-in-time
Total Assets	`Assets`	$2.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.00M	USD	Point-in-time
Accrued other current liabilities	`OtherLiabilitiesCurrent`	$7.00M	USD	Point-in-time
Accrued other current liabilities	`OtherLiabilitiesCurrent`	$7.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$205.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$218.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.55B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.26B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$22.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.47B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$2.50B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.68B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.73B	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-5.00M	USD	2 Qtrs
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-54.00M	USD	1 Quarter
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-20.00M	USD	1 Quarter
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-85.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-7.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-25.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-2.00M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-18.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.36	USD	1 Quarter
Loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.60	USD	2 Qtrs
Loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	2 Qtrs
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	101.00M	shares	1 Quarter
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	94.00M	shares	2 Qtrs
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	94.00M	shares	1 Quarter
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	100.00M	shares	2 Qtrs

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-25.00M	USD	2 Qtrs
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-5.00M	USD	2 Qtrs
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-54.00M	USD	1 Quarter
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-20.00M	USD	1 Quarter
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-85.00M	USD	2 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	2 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$4.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	-	USD	2 Qtrs
Accrued other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.00M	USD	2 Qtrs
Accrued other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Purchase of i-units of Kinder Morgan Energy Partners, L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Purchase of i-units of Kinder Morgan Energy Partners, L.P.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Shares issued	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Shares issued	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Net increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	2 Qtrs
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and Cash Equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.00M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-13.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$16.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$10.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$11.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-6.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes (net of tax expense (benefit) of $16, $10, $11 and $(6), respectively)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-10.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income, tax expense (benefit)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$5.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income, tax expense (benefit)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$8.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income, tax expense (benefit)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	-	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes (net of tax expense (benefit) of $16, $10, $11 and $(6), respectively)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$32.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes (net of tax expense (benefit) of $16, $10, $11 and $(6), respectively)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$20.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income, tax expense (benefit)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$1.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes (net of tax expense (benefit) of $16, $10, $11 and $(6), respectively)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$18.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income (net of tax expense of $-, $5, $1 and $8, respectively)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	1 Quarter
Change in foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	$4.00M	USD	2 Qtrs
Change in foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	$-2.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income (net of tax expense of $-, $5, $1 and $8, respectively)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$14.00M	USD	2 Qtrs
Change in foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Change in foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	$1.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income (net of tax expense of $-, $5, $1 and $8, respectively)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	-	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income (net of tax expense of $-, $5, $1 and $8, respectively)	`OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$8.00M	USD	1 Quarter
Foreign currency translation adjustments (net of tax (benefit) expense of $(2), $1, $- and $4, respectively)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.00M	USD	2 Qtrs
Foreign currency translation adjustments (net of tax (benefit) expense of $(2), $1, $- and $4, respectively)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-4.00M	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities, tax expense (benefit)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	-	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities, tax expense (benefit)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	-	USD	2 Qtrs
Foreign currency translation adjustments (net of tax (benefit) expense of $(2), $1, $- and $4, respectively)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$6.00M	USD	2 Qtrs
Adjustments to pension and other postretirement benefit plan liabilities, tax expense (benefit)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	$-1.00M	USD	2 Qtrs
Foreign currency translation adjustments (net of tax (benefit) expense of $(2), $1, $- and $4, respectively)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$1.00M	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities, tax expense (benefit)	`OtherComprehensiveIncomeDefinedBenefitPlansTax`	-	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities (net of tax benefit of $-, $-, $- and $(1), respectively)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	-	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities (net of tax benefit of $-, $-, $- and $(1), respectively)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	-	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities (net of tax benefit of $-, $-, $- and $(1), respectively)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	-	USD	2 Qtrs
Adjustments to pension and other postretirement benefit plan liabilities (net of tax benefit of $-, $-, $- and $(1), respectively)	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.00M	USD	2 Qtrs
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$27.00M	USD	1 Quarter
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$22.00M	USD	2 Qtrs
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$9.00M	USD	2 Qtrs
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$27.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.00M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.