10-Q Filing

KINDER MORGAN MANAGEMENT LLC CIK: 1135017 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001135017-13-000036`
Period End Date	20130630
Filing Date	20130730
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	kmr-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 20 Cash Flow Statement 38 Stockholders Equity 20 Comprehensive Income 36

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`	$14.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.00M	USD	Point-in-time
Investment in Kinder Morgan Energy Partners, L.P.	`EquityMethodInvestments`	$3.45B	USD	Point-in-time
Investment in Kinder Morgan Energy Partners, L.P.	`EquityMethodInvestments`	$3.78B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$10.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$3.48B	USD	Point-in-time
Total Assets	`Assets`	$3.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.00M	USD	Point-in-time
Accrued other current liabilities	`OtherLiabilitiesCurrent`	$11.00M	USD	Point-in-time
Accrued other current liabilities	`OtherLiabilitiesCurrent`	$8.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.00M	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`	$22.00M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.75B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-1.91B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.76B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.46B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.80B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.48B	USD	Point-in-time

Income Statement 20 line items

Line Item	Tag	Value	Unit	Period
Equity in earnings (loss) of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-85.00M	USD	2 Qtrs
Equity in earnings (loss) of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$271.00M	USD	2 Qtrs
Equity in earnings (loss) of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$161.00M	USD	1 Quarter
Equity in earnings (loss) of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-54.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-18.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$127.00M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-25.00M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$86.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$144.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$75.00M	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`	$1.23	USD	2 Qtrs
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`	$0.63	USD	1 Quarter
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`	100.00M	shares	2 Qtrs
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	118.00M	shares	1 Quarter
Number of shares used in computing loss per share, Basic and diluted (in shares)	`WeightedAverageSharesOutstandingBasicAndDiluted`	117.00M	shares	2 Qtrs

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$144.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$75.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-25.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$127.00M	USD	2 Qtrs
Equity in (earnings) loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-85.00M	USD	2 Qtrs
Equity in (earnings) loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$271.00M	USD	2 Qtrs
Equity in (earnings) loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$161.00M	USD	1 Quarter
Equity in (earnings) loss of Kinder Morgan Energy Partners, L.P.	`IncomeLossFromEquityMethodInvestments`	$-54.00M	USD	1 Quarter
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$2.00M	USD	2 Qtrs
Accounts receivable, related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.00M	USD	2 Qtrs
Accrued other current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.00M	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
Payments to Acquire Equity Method Investments	`PaymentsToAcquireEquityMethodInvestments`	$73.00M	USD	2 Qtrs
Payments to Acquire Equity Method Investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.00M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$73.00M	USD	1 Quarter
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$18.00M	USD	Point-in-time
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$73.00M	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$73.00M	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

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Total Shareholders' Equity	`StockholdersEquity`	$3.76B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.46B	USD	Point-in-time
Stock Issued During Period, Shares, New Issues	`StockIssuedDuringPeriodSharesNewIssues`	860,600.00	shares	1 Quarter
Stock Issued During Period, Shares, New Issues	`StockIssuedDuringPeriodSharesNewIssues`	215,200.00	shares	Point-in-time
Tax impact of KMI drop-down to KMP	`Adjustmenttoaddidionalpaidincapitalimpactfromincometax`	$63.00M	USD	1 Quarter
Tax impact of KMI drop-down to KMP	`Adjustmenttoaddidionalpaidincapitalimpactfromincometax`	$89.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$144.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$75.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$32.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$3.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$7.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$20.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$2.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	-	USD	1 Quarter
Total Shareholders' Equity	`StockholdersEquity`	$3.76B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$3.46B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Change in fair value of derivatives utilized for hedging purposes, tax benefit (expense)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$11.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes, tax benefit (expense)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$16.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes, tax benefit (expense)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$4.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes, tax benefit (expense)	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$2.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income, tax benefit (expense)	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$-1.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-60.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income, tax benefit (expense)	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$1.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$144.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income, tax benefit (expense)	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	$-1.00M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-36.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income, tax benefit (expense)	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$75.00M	USD	1 Quarter
Change in foreign currency translation adjustments, tax benefit (expense)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Change in foreign currency translation adjustments, tax benefit (expense)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-2.00M	USD	1 Quarter
Change in foreign currency translation adjustments, tax benefit (expense)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-5.00M	USD	1 Quarter
Change in foreign currency translation adjustments, tax benefit (expense)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-7.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$32.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$3.00M	USD	2 Qtrs
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$7.00M	USD	1 Quarter
Change in fair value of derivatives utilized for hedging purposes	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$20.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	1 Quarter
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$-1.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	$2.00M	USD	2 Qtrs
Reclassification of change in fair value of derivatives to net income	`OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	2 Qtrs
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.00M	USD	1 Quarter
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	1 Quarter
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	2 Qtrs
Total other comprehensive (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$22.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$74.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$133.00M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.00M	USD	2 Qtrs

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