2012 Q3 Form 10-Q Financial Statement

#000110465912073758 Filed on November 02, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $162.2M $164.8M
YoY Change -1.58% 71.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $446.5M $128.8M
YoY Change 246.66% -71.37%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $446.5M $128.8M
YoY Change 246.66% -71.37%
Operating Profit
YoY Change
Interest Expense $17.87M $17.74M
YoY Change 0.71% 70.07%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.112B -$3.185B
YoY Change -166.33% -332.35%
Income Tax $9.612M $11.54M
% Of Pretax Income 0.46%
Net Earnings $127.4M -$243.4M
YoY Change -152.35% -2848.44%
Net Earnings / Revenue 78.55% -147.7%
Basic Earnings Per Share
Diluted Earnings Per Share $494.6K -$1.093M
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.603B $1.261B
YoY Change 27.12% -3.07%
Cash & Equivalents $1.278B $821.8M
Short-Term Investments
Other Short-Term Assets $12.00M $11.00M
YoY Change 9.09% 10.0%
Inventory
Prepaid Expenses
Receivables $258.0M $119.0M
Other Receivables $434.0M $159.0M
Total Short-Term Assets $2.307B $1.550B
YoY Change 48.84% 2.79%
LONG-TERM ASSETS
Property, Plant & Equipment $78.98M $49.00M
YoY Change 61.19% -2.0%
Goodwill
YoY Change
Intangibles $21.47M
YoY Change
Long-Term Investments $40.94B $32.24B
YoY Change 27.0% -2.67%
Other Assets $170.0M $4.244B
YoY Change -95.99% 5635.14%
Total Long-Term Assets $41.34B $37.08B
YoY Change 11.48% 11.18%
TOTAL ASSETS
Total Short-Term Assets $2.307B $1.550B
Total Long-Term Assets $41.34B $37.08B
Total Assets $43.65B $38.63B
YoY Change 12.98% 10.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $765.0M $482.0M
YoY Change 58.71% 19.6%
Accrued Expenses $142.0M $217.0M
YoY Change -34.56% 34.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $976.0M $311.0M
YoY Change 213.83% 44.65%
LONG-TERM LIABILITIES
Long-Term Debt $1.315B $1.565B
YoY Change -15.97% -9.95%
Other Long-Term Liabilities $641.0M $357.0M
YoY Change 79.55% 200.0%
Total Long-Term Liabilities $1.956B $1.922B
YoY Change 1.77% 3.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $976.0M $311.0M
Total Long-Term Liabilities $1.956B $1.922B
Total Liabilities $3.008B $2.719B
YoY Change 10.61% -91.94%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.843B $1.265B
YoY Change
Total Liabilities & Shareholders Equity $43.65B $38.63B
YoY Change 12.98% 10.81%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $127.4M -$243.4M
YoY Change -152.35% -2848.44%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $1.883B -$1.308B
YoY Change -244.0% -217.59%
INVESTING ACTIVITIES
Capital Expenditures -$11.20M -$3.700M
YoY Change 202.7% 37.04%
Acquisitions
YoY Change
Other Investing Activities -$36.30M $1.300M
YoY Change -2892.31% -117.81%
Cash From Investing Activities -$47.40M -$2.400M
YoY Change 1875.0% -76.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.296B 1.198B
YoY Change -208.16% -322.53%
NET CHANGE
Cash From Operating Activities 1.883B -1.308B
Cash From Investing Activities -47.40M -2.400M
Cash From Financing Activities -1.296B 1.198B
Net Change In Cash 539.4M -111.7M
YoY Change -582.9% -119.82%
FREE CASH FLOW
Cash From Operating Activities $1.883B -$1.308B
Capital Expenditures -$11.20M -$3.700M
Free Cash Flow $1.894B -$1.304B
YoY Change -245.26% -216.97%

Facts In Submission

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11221000 USD
CY2012Q3 kkr Noninterest Expense Reconciliation Others
NoninterestExpenseReconciliationOthers
2943000 USD
CY2012Q3 kkr Investment Income Loss Reconciliation Allocation To Carry Pool
InvestmentIncomeLossReconciliationAllocationToCarryPool
169633000 USD
CY2012Q3 kkr Investment Income Loss Reconciliation Management Fees Refunds
InvestmentIncomeLossReconciliationManagementFeesRefunds
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CY2012Q3 kkr Exclusion Of Partners Capital Attributable To Noncontrolling Interest
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5044473000 USD
CY2012Q3 kkr Partners Capital Adjustment Related To Equity Impact And Other
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7777000 USD
CY2012Q3 kkr Net Income Loss Attributable To Noncontrolling Interest Holdings
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249460000 USD
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
122157000 USD
CY2012Q3 kkr Economic Net Income Loss
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509874000 USD
CY2012Q3 kkr Fee Related Earnings
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90704000 USD
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
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0.80 pure
CY2011Q3 kkr Fee Credits As Percentage Of Monitoring And Transaction Fees Net
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0.80 pure
us-gaap Net Income Loss
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CY2011Q3 us-gaap Common Stock Dividends Per Share Declared
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0.10
us-gaap Common Stock Dividends Per Share Declared
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0.42
CY2011Q3 kkr Net Income Loss Attributable To Noncontrolling Interest Consolidated Entities
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CY2011Q3 us-gaap Assets
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38633762000 USD
CY2011Q3 us-gaap Segment Reporting Information Net Assets
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1265239000 USD
CY2011Q3 kkr Investment Advisory Fees Reconciliation Management Fees
InvestmentAdvisoryFeesReconciliationManagementFees
113791000 USD
CY2011Q3 kkr Investment Advisory Fees Reconciliation Fee Credits
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26786000 USD
CY2011Q3 kkr Investment Advisory Fees Reconciliation Reimbursable Expenses
InvestmentAdvisoryFeesReconciliationReimbursableExpenses
15368000 USD
CY2011Q3 kkr Investment Income Loss Reconciliation Allocation To Carry Pool
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-151191000 USD
CY2011Q3 kkr Investment Income Loss Reconciliation Management Fees Refunds
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-21115000 USD
CY2011Q3 kkr Exclusion Of Partners Capital Attributable To Noncontrolling Interest
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CY2011Q3 kkr Partners Capital Adjustment Related To Equity Impact And Other
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55533000 USD
CY2011Q3 us-gaap Share Based Compensation
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123858000 USD
CY2011Q3 kkr Economic Net Income Loss
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-592091000 USD
CY2011Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Diluted
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-1.09
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1783191000 USD
kkr Fee Related Earnings
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us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Diluted
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-0.20
kkr Net Income Loss Attributable To Noncontrolling Interest Consolidated Entities
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6097245000 USD
kkr Investment Advisory Fees Reconciliation Management Fees
InvestmentAdvisoryFeesReconciliationManagementFees
322911000 USD
kkr Investment Advisory Fees Reconciliation Fee Credits
InvestmentAdvisoryFeesReconciliationFeeCredits
65761000 USD
kkr Investment Advisory Fees Reconciliation Reimbursable Expenses
InvestmentAdvisoryFeesReconciliationReimbursableExpenses
17369000 USD
kkr Investment Advisory Fees Reconciliation Others
InvestmentAdvisoryFeesReconciliationOthers
35249000 USD
kkr Noninterest Expense Reconciliation Allocation To Carry Pool
NoninterestExpenseReconciliationAllocationToCarryPool
473692000 USD
kkr Noninterest Expense Reconciliation Reimbursable Expenses
NoninterestExpenseReconciliationReimbursableExpenses
25096000 USD
kkr Noninterest Expense Reconciliation Others
NoninterestExpenseReconciliationOthers
11068000 USD
kkr Investment Income Loss Reconciliation Allocation To Carry Pool
InvestmentIncomeLossReconciliationAllocationToCarryPool
473692000 USD
kkr Investment Income Loss Reconciliation Management Fees Refunds
InvestmentIncomeLossReconciliationManagementFeesRefunds
135011000 USD
kkr Net Income Loss Attributable To Noncontrolling Interest Holdings
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946484000 USD
kkr Stock Issued During Period Units Equity Exchange For Common Units
StockIssuedDuringPeriodUnitsEquityExchangeForCommonUnits
10157372 shares
CY2011Q3 kkr Fee Related Earnings
FeeRelatedEarnings
98242000 USD
CY2011Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit
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-1.09
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WeightedAverageLimitedPartnershipUnitsOutstanding
222733648 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
218501107 shares
kkr Net Income Loss Attributable To Noncontrolling Interest Consolidated Entities
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347705000 USD
kkr Investment Advisory Fees Reconciliation Management Fees
InvestmentAdvisoryFeesReconciliationManagementFees
329331000 USD
kkr Investment Advisory Fees Reconciliation Fee Credits
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110655000 USD
kkr Investment Advisory Fees Reconciliation Reimbursable Expenses
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29631000 USD
kkr Investment Advisory Fees Reconciliation Others
InvestmentAdvisoryFeesReconciliationOthers
38553000 USD
kkr Noninterest Expense Reconciliation Allocation To Carry Pool
NoninterestExpenseReconciliationAllocationToCarryPool
67915000 USD
kkr Noninterest Expense Reconciliation Reimbursable Expenses
NoninterestExpenseReconciliationReimbursableExpenses
29631000 USD
kkr Noninterest Expense Reconciliation Others
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4429000 USD
kkr Investment Income Loss Reconciliation Allocation To Carry Pool
InvestmentIncomeLossReconciliationAllocationToCarryPool
67915000 USD
kkr Investment Income Loss Reconciliation Management Fees Refunds
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15594000 USD
us-gaap Share Based Compensation
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386533000 USD
kkr Economic Net Income Loss
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kkr Fee Related Earnings
FeeRelatedEarnings
300578000 USD
CY2011Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
222733648 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
218501107 shares
CY2012Q3 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
162154000 USD
us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
390821000 USD
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NoninterestExpense
446519000 USD
us-gaap Noninterest Expense
NoninterestExpense
1240516000 USD
CY2012Q3 kkr Investment Income Loss
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kkr Investment Income Loss
InvestmentIncomeLoss
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CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2112398000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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6617681000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
2102786000 USD
us-gaap Profit Loss
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CY2012Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2012Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
0.53
CY2012Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossPerOutstandingLimitedPartnershipUnitDiluted
0.49
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossPerOutstandingLimitedPartnershipUnitDiluted
1.86
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
1.98
CY2012Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
239696358 shares
CY2012Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
257646622 shares
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2108554000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
6580266000 USD
CY2012Q3 kkr Comprehensive Income Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest
9994000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-245452000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1968908000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-45681000 USD
kkr Realized Gains Losses On Investments
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2906193000 USD
kkr Unrealized Gains Losses On Investments
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-2438915000 USD
us-gaap Other Noncash Income Expense
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kkr Change In Cash And Cash Equivalents Held At Consolidated Entities
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-268555000 USD
kkr Increase Decrease In Due From Or To Affiliates
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-16091000 USD
us-gaap Increase Decrease In Other Operating Assets
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29892000 USD
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
249359200 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
234876879 shares
kkr Comprehensive Income Net Of Tax Attributable To Redeemable Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest
18551000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6096686000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
129652000 USD
kkr Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
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212613000 USD
us-gaap Payments To Acquire Investments
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us-gaap Proceeds From Sale Of Securities Operating Activities
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kkr Increase Decrease In Restricted Cash And Cash Equivalents
IncreaseDecreaseInRestrictedCashAndCashEquivalents
30998000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2011Q4 us-gaap Investments
Investments
37495360000 USD
CY2011Q4 us-gaap Assets
Assets
40377645000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
2692995000 USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2011Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
275507000 USD
CY2011Q4 us-gaap Limited Partners Capital Account
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1330887000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2189000 USD
CY2011Q4 us-gaap Partners Capital
PartnersCapital
1328698000 USD
CY2011Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
36080445000 USD
CY2011Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
37409143000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
40377645000 USD
CY2011Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
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CY2011Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
227150182 shares
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4801000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8381000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-35799000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
132068000 USD
kkr Payments To Noncontrolling Interest Consolidated Entities
PaymentsToNoncontrollingInterestConsolidatedEntities
4522612000 USD
kkr Proceeds From Noncontrolling Interest Consolidated Entities
ProceedsFromNoncontrollingInterestConsolidatedEntities
3812856000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
79476000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9535000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-4175811000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-773239000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
435093000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
83076000 USD
us-gaap Interest Paid Net
InterestPaidNet
42195000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
59680000 USD
kkr Noncash Contributions For Equity Based Payments
NoncashContributionsForEquityBasedPayments
386533000 USD
kkr Exchange Of Units Cash Flow Impact
ExchangeOfUnitsCashFlowImpact
103780000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4619285000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
892114000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
738693000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
821769000 USD
dei Entity Registrant Name
EntityRegistrantName
KKR & Co. L.P.
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1356000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0001404912
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012Q3 kkr Investment Income Loss Reconciliation Investment Income Attributable To Noncontrolling Interest Upon Consolidation Of Kkr Funds
InvestmentIncomeLossReconciliationInvestmentIncomeAttributableToNoncontrollingInterestUponConsolidationOfKkrFunds
1745151000 USD
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
843261000 USD
CY2011Q4 kkr Cash And Cash Equivalents Held At Consolidated Entities
CashAndCashEquivalentsHeldAtConsolidatedEntities
930886000 USD
CY2010Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
36000042000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
465029000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
362000 USD
kkr Contribution Of Assets From Unconsolidated Entity
ContributionOfAssetsFromUnconsolidatedEntity
69600000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1278354000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
386533000 USD
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
3812856000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
4654680000 USD
kkr Realized Gains Losses On Investments
RealizedGainsLossesOnInvestments
3240874000 USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2012Q3 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
241407805 shares
CY2012Q3 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
241407805 shares
CY2011Q3 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
35914422000 USD
kkr Net Deferred Tax Effects Resulting From Exchange Of Units
NetDeferredTaxEffectsResultingFromExchangeOfUnits
1223000 USD
CY2012Q3 kkr Tax Receivable Agreement Cumulative Cash Payments
TaxReceivableAgreementCumulativeCashPayments
200000 USD
CY2012Q3 kkr Amount Required To Pay To Transferees As Percentage Of Cash Savings In Us Federal State And Local Income Tax
AmountRequiredToPayToTransfereesAsPercentageOfCashSavingsInUsFederalStateAndLocalIncomeTax
0.85 pure
kkr Investment Income Loss Reconciliation Investment Income Attributable To Noncontrolling Interest Upon Consolidation Of Kkr Funds
InvestmentIncomeLossReconciliationInvestmentIncomeAttributableToNoncontrollingInterestUponConsolidationOfKkrFunds
5303516000 USD
kkr Investment Income Loss Reconciliation Investment Income Attributable To Noncontrolling Interest Upon Consolidation Of Kkr Funds
InvestmentIncomeLossReconciliationInvestmentIncomeAttributableToNoncontrollingInterestUponConsolidationOfKkrFunds
488180000 USD
CY2011Q3 kkr Investment Income Loss Reconciliation Investment Income Attributable To Noncontrolling Interest Upon Consolidation Of Kkr Funds
InvestmentIncomeLossReconciliationInvestmentIncomeAttributableToNoncontrollingInterestUponConsolidationOfKkrFunds
2359999000 USD
us-gaap Share Based Goods And Nonemployee Services Transaction Expense
ShareBasedGoodsAndNonemployeeServicesTransactionExpense
386533000 USD
CY2012Q3 us-gaap Share Based Goods And Nonemployee Services Transaction Expense
ShareBasedGoodsAndNonemployeeServicesTransactionExpense
122157000 USD
us-gaap Share Based Goods And Nonemployee Services Transaction Expense
ShareBasedGoodsAndNonemployeeServicesTransactionExpense
330037000 USD
CY2012Q3 kkr Noninterest Expense Reconciliation Operating Expenses Upon Consolidation Of Kkr Funds
NoninterestExpenseReconciliationOperatingExpensesUponConsolidationOfKkrFunds
13492000 USD
kkr Noninterest Expense Reconciliation Operating Expenses Upon Consolidation Of Kkr Funds
NoninterestExpenseReconciliationOperatingExpensesUponConsolidationOfKkrFunds
39102000 USD
kkr Noninterest Expense Reconciliation Operating Expenses Upon Consolidation Of Kkr Funds
NoninterestExpenseReconciliationOperatingExpensesUponConsolidationOfKkrFunds
31183000 USD
CY2011Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-6689000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-3203044000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
298521000 USD
us-gaap Interest Paid Net
InterestPaidNet
124522000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
59041000 USD
kkr Noncash Contributions For Equity Based Payments
NoncashContributionsForEquityBasedPayments
330037000 USD
kkr Noncash Distributions To Noncontrolling Interests In Consolidated Entities
NoncashDistributionsToNoncontrollingInterestsInConsolidatedEntities
38369000 USD
kkr Exchange Of Units Cash Flow Impact
ExchangeOfUnitsCashFlowImpact
138119000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
330037000 USD
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
2276163000 USD
CY2012Q3 kkr Unfunded Investment Commitments To Funds
UnfundedInvestmentCommitmentsToFunds
125000000 USD
kkr Profit Loss Excluding Portion Attributable To Redeemable Noncontrolling Interest
ProfitLossExcludingPortionAttributableToRedeemableNoncontrollingInterest
6561353000 USD
kkr Foreign Exchange On Debt Obligations Gain Loss Unrealized
ForeignExchangeOnDebtObligationsGainLossUnrealized
-901000 USD
CY2012Q3 kkr Cash And Cash Equivalents Held At Consolidated Entities
CashAndCashEquivalentsHeldAtConsolidatedEntities
325084000 USD
CY2012Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
69582000 USD
CY2012Q3 kkr Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
947000 USD
CY2011Q3 kkr Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
947000 USD
kkr Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
2841000 USD
kkr Finite Lived Intangible Assets Amortization Expenses
FiniteLivedIntangibleAssetsAmortizationExpenses
2841000 USD
CY2012Q3 us-gaap Investments
Investments
40940868000 USD
CY2011Q3 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
4224000 USD
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
105330000 USD
CY2011Q3 kkr Investment Advisory Fees Reconciliation Others
InvestmentAdvisoryFeesReconciliationOthers
11666000 USD
CY2011Q3 us-gaap Share Based Goods And Nonemployee Services Transaction Expense
ShareBasedGoodsAndNonemployeeServicesTransactionExpense
123858000 USD
CY2011Q3 kkr Noninterest Expense Reconciliation Allocation To Carry Pool
NoninterestExpenseReconciliationAllocationToCarryPool
-151191000 USD
CY2011Q3 kkr Noninterest Expense Reconciliation Reimbursable Expenses
NoninterestExpenseReconciliationReimbursableExpenses
15368000 USD
CY2011Q3 kkr Noninterest Expense Reconciliation Operating Expenses Upon Consolidation Of Kkr Funds
NoninterestExpenseReconciliationOperatingExpensesUponConsolidationOfKkrFunds
13736000 USD
CY2011Q3 kkr Noninterest Expense Reconciliation Others
NoninterestExpenseReconciliationOthers
522000 USD
CY2012Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
366350000 USD
CY2012Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
14344000 USD
CY2012Q3 kkr General Administrative And Other Expense
GeneralAdministrativeAndOtherExpense
65825000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1019400000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
43636000 USD
kkr General Administrative And Other Expense
GeneralAdministrativeAndOtherExpense
177480000 USD
CY2012Q3 kkr Gain Loss From Investment Activities Net
GainLossFromInvestmentActivitiesNet
2308613000 USD
CY2012Q3 us-gaap Investment Income Dividend
InvestmentIncomeDividend
10440000 USD
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
95578000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
17868000 USD
kkr Gain Loss From Investment Activities Net
GainLossFromInvestmentActivitiesNet
6997166000 USD
us-gaap Investment Income Dividend
InvestmentIncomeDividend
263298000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
259669000 USD
us-gaap Interest Expense
InterestExpense
52757000 USD
kkr Unrealized Gains Losses On Investments
UnrealizedGainsLossesOnInvestments
3756292000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
9994000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
18551000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Basis Of Accounting
BasisOfAccounting
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Basis of Presentation</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The accompanying unaudited condensed consolidated financial statements of KKR&#160;&amp;&#160;Co.&#160;L.P. have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) for interim financial information and the instructions to Form&#160;10-Q. The condensed consolidated financial statements, including these notes, are unaudited and exclude some of the disclosures required in annual financial statements. Management believes it has made all necessary adjustments (consisting of only normal recurring items) such that the condensed consolidated financial statements are presented fairly and that estimates made in preparing the condensed consolidated financial statements are reasonable and prudent. The operating results presented for interim periods are not necessarily indicative of the results that may be expected for any other interim period or for the entire year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated and combined financial statements included in KKR&#160;&amp;&#160;Co.&#160;L.P.&#8217;s Annual Report on Form&#160;10-K filed with the Securities and Exchange Commission (&#8220;SEC&#8221;).</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The condensed consolidated financial statements (referred to hereafter as the &#8220;financial statements&#8221;) include the accounts of KKR&#8217;s management and capital markets companies, the general partners of certain unconsolidated funds, general partners of consolidated funds and their respective consolidated funds (the &#8220;KKR Funds&#8221;) and certain other entities.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">KKR&#160;&amp;&#160;Co.&#160;L.P. consolidates the financial results of the KKR Group Partnerships and their consolidated subsidiaries. KKR Holdings&#8217; ownership interest in the KKR Group Partnerships is reflected as noncontrolling interests in the accompanying financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">References in the accompanying financial statements to KKR&#8217;s &#8220;principals&#8221; are to KKR&#8217;s senior employees and non-employee operating consultants who hold interests in KKR&#8217;s business through KKR Holdings, including those principals who also hold interests in the Managing Partner entitling those principals to vote for the election of the managing partners&#8217; directors (the &#8220;Senior Principals&#8221;).</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p></td></tr></table>
us-gaap Use Of Estimates
UseOfEstimates
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Use of Estimates</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of fees, expenses and investment income (loss) during the reporting periods. Such estimates include but are not limited to the valuation of investments and financial instruments. Actual results could differ from those estimates and such differences could be material to the financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p></td></tr></table>
kkr Stock Issued During Period Units Equity Exchange For Common Units
StockIssuedDuringPeriodUnitsEquityExchangeForCommonUnits
13151729 shares
CY2011Q3 kkr Amount Of Carried Interest Subject To Management Fee Refunds
AmountOfCarriedInterestSubjectToManagementFeeRefunds
81200000 USD
CY2011Q3 kkr Net Income Loss Attributable To Noncontrolling Interest Holdings
NetIncomeLossAttributableToNoncontrollingInterestHoldings
-484879000 USD
kkr Net Income Loss Attributable To Noncontrolling Interest Holdings
NetIncomeLossAttributableToNoncontrollingInterestHoldings
52051000 USD
CY2012Q3 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
1844057000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1526000 USD
CY2012Q3 us-gaap Partners Capital
PartnersCapital
1842531000 USD
CY2012Q3 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
38325332000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43648620000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2957592000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
344202000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
6410418000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
35113000 USD
kkr Change In Cash And Cash Equivalents Held At Consolidated Entities
ChangeInCashAndCashEquivalentsHeldAtConsolidatedEntities
-605227000 USD
kkr Increase Decrease In Due From Or To Affiliates
IncreaseDecreaseInDueFromOrToAffiliates
-31536000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-48239000 USD
kkr Increase Decrease In Accounts Payable Accrued Expenses And Other Liabilities
IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities
372000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
8006391000 USD
us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
11754084000 USD
kkr Increase Decrease In Restricted Cash And Cash Equivalents
IncreaseDecreaseInRestrictedCashAndCashEquivalents
-20246000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28627000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
138217000 USD
kkr Proceeds From Noncontrolling Interest Holding
ProceedsFromNoncontrollingInterestHolding
179767000 USD
kkr Payments To Noncontrolling Interest Consolidated Entities
PaymentsToNoncontrollingInterestConsolidatedEntities
6233832000 USD
kkr Proceeds From Noncontrolling Interest Consolidated Entities
ProceedsFromNoncontrollingInterestConsolidatedEntities
2276163000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
519996000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
770924000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7776000 USD

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