10-Q Filing

KINDER MORGAN MANAGEMENT LLC CIK: 1135017 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001135017-13-000023`
Period End Date	20130331
Filing Date	20130501
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	kmr-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 10 Cash Flow Statement 30 Stockholders Equity 10 Comprehensive Income 20

Balance Sheet 28 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, related party	`DueFromRelatedPartiesCurrent`	$12.00M	USD	Point-in-time
Accounts receivable, related party	`DueFromRelatedPartiesCurrent`	$15.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.00M	USD	Point-in-time
Investment in Kinder Morgan Energy Partners, L.P.	`EquityMethodInvestments`	$3.55B	USD	Point-in-time
Investment in Kinder Morgan Energy Partners, L.P.	`EquityMethodInvestments`	$3.45B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$10.00M	USD	Point-in-time
Total Assets	`Assets`	$3.57B	USD	Point-in-time
Total Assets	`Assets`	$3.48B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.00M	USD	Point-in-time
Accrued other current liabilities	`OtherLiabilitiesCurrent`	$13.00M	USD	Point-in-time
Accrued other current liabilities	`OtherLiabilitiesCurrent`	$8.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.83B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.75B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.00M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.46B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.55B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.48B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.57B	USD	Point-in-time

Income Statement 10 line items

Line Item	Tag	Value	Unit	Period
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$110.00M	USD	1 Quarter
Equity in loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-31.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-7.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$41.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$69.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.00M	USD	1 Quarter
Loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.59	USD	1 Quarter
Loss per share Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.24	USD	1 Quarter
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	116.00M	shares	1 Quarter
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	99.00M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$69.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$41.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-7.00M	USD	1 Quarter
Equity in (earnings) loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$110.00M	USD	1 Quarter
Equity in (earnings) loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-31.00M	USD	1 Quarter
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	1 Quarter
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$3.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.00M	USD	1 Quarter
Accrued other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.00M	USD	1 Quarter
Accrued other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.00M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Net increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
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

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Total Shareholders' Equity	`StockholdersEquity`	$3.46B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.55B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$69.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-12.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-4.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$3.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	1 Quarter
Total Shareholders' Equity	`StockholdersEquity`	$3.46B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.55B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Change in fair value of derivatives utilized for hedging purposes, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$2.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes, tax expense (benefit)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$5.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$69.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	-	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$-1.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-24.00M	USD	1 Quarter
Change in foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$2.00M	USD	1 Quarter
Change in foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-2.00M	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities, tax expense (benefit)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Adjustments to pension and other postretirement benefit plan liabilities, tax expense (benefit)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-12.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-4.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$3.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-5.00M	USD	1 Quarter
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.00M	USD	1 Quarter
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$59.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-29.00M	USD	1 Quarter

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