2024 Q2 Form 10-Q Financial Statement
#000150630724000031 Filed on April 19, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
Revenue | $3.572B | $3.842B |
YoY Change | 2.03% | -1.18% |
Cost Of Revenue | $1.708B | $1.787B |
YoY Change | 3.14% | -3.61% |
Gross Profit | $1.864B | $2.055B |
YoY Change | 1.03% | 1.03% |
Gross Profit Margin | 52.18% | 53.49% |
Selling, General & Admin | $288.0M | $286.0M |
YoY Change | 5.88% | 3.62% |
% of Gross Profit | 15.45% | 13.92% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $584.0M | $587.0M |
YoY Change | 4.85% | 3.89% |
% of Gross Profit | 31.33% | 28.56% |
Operating Expenses | $184.0M | $864.0M |
YoY Change | -77.78% | 2.86% |
Operating Profit | $1.038B | $1.191B |
YoY Change | 2.06% | -0.25% |
Interest Expense | -$464.0M | -$229.0M |
YoY Change | 97.45% | -18.21% |
% of Operating Profit | -44.7% | -19.23% |
Other Income/Expense, Net | -$268.0M | -$12.00M |
YoY Change | 1476.47% | -20.0% |
Pretax Income | $770.0M | $982.0M |
YoY Change | -1.03% | 9.23% |
Income Tax | $168.0M | $209.0M |
% Of Pretax Income | 21.82% | 21.28% |
Net Earnings | $575.0M | $742.0M |
YoY Change | -1.2% | 9.28% |
Net Earnings / Revenue | 16.1% | 19.31% |
Basic Earnings Per Share | $0.26 | $0.33 |
Diluted Earnings Per Share | $0.26 | $0.33 |
COMMON SHARES | ||
Basic Shares Outstanding | 2.219B shares | 2.219B shares |
Diluted Shares Outstanding | 2.219B shares | 2.220B shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $98.00M | $119.0M |
YoY Change | -80.28% | -71.39% |
Cash & Equivalents | $98.00M | $119.0M |
Short-Term Investments | ||
Other Short-Term Assets | $190.0M | $236.0M |
YoY Change | -48.37% | -89.65% |
Inventory | $537.0M | $548.0M |
Prepaid Expenses | ||
Receivables | $1.293B | $1.404B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.190B | $2.307B |
YoY Change | -19.43% | -14.43% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $37.53B | $37.31B |
YoY Change | 4.96% | 4.7% |
Goodwill | $20.08B | $20.09B |
YoY Change | 0.6% | 0.65% |
Intangibles | $1.858B | $1.907B |
YoY Change | 9.55% | 9.41% |
Long-Term Investments | $7.851B | $7.906B |
YoY Change | 2.43% | 3.81% |
Other Assets | $1.186B | $1.209B |
YoY Change | -6.61% | -59.9% |
Total Long-Term Assets | $68.51B | $68.43B |
YoY Change | 3.25% | 3.31% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.190B | $2.307B |
Total Long-Term Assets | $68.51B | $68.43B |
Total Assets | $70.70B | $70.74B |
YoY Change | 2.36% | 2.62% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.204B | $1.074B |
YoY Change | 5.43% | -1.2% |
Accrued Expenses | $524.0M | $365.0M |
YoY Change | 2.54% | 3.99% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $3.062B | $1.975B |
YoY Change | 10.94% | -8.56% |
Total Short-Term Liabilities | $5.958B | $4.575B |
YoY Change | 6.34% | -4.19% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $28.65B | $30.17B |
YoY Change | 0.06% | 2.81% |
Other Long-Term Liabilities | $2.672B | $2.679B |
YoY Change | 39.24% | -0.63% |
Total Long-Term Liabilities | $33.05B | $32.85B |
YoY Change | 8.18% | 2.52% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.958B | $4.575B |
Total Long-Term Liabilities | $33.05B | $32.85B |
Total Liabilities | $39.01B | $40.36B |
YoY Change | 1.31% | 5.74% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$10.64B | -$10.57B |
YoY Change | 0.85% | 0.71% |
Common Stock | $22.00M | $22.00M |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $30.34B | $30.37B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $70.70B | $70.74B |
YoY Change | 2.36% | 2.62% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $575.0M | $742.0M |
YoY Change | -1.2% | 9.28% |
Depreciation, Depletion And Amortization | $584.0M | $587.0M |
YoY Change | 4.85% | 3.89% |
Cash From Operating Activities | $1.687B | $1.189B |
YoY Change | 8.84% | -10.8% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $639.0M | $619.0M |
YoY Change | 16.39% | 22.09% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $39.00M | $47.00M |
YoY Change | -234.48% | 176.47% |
Cash From Investing Activities | -$600.0M | -$572.0M |
YoY Change | 3.81% | 12.6% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.106B | -570.0M |
YoY Change | 24.27% | -51.74% |
NET CHANGE | ||
Cash From Operating Activities | 1.687B | 1.189B |
Cash From Investing Activities | -600.0M | -572.0M |
Cash From Financing Activities | -1.106B | -570.0M |
Net Change In Cash | -19.00M | 47.00M |
YoY Change | -123.17% | -113.2% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.687B | $1.189B |
Capital Expenditures | $639.0M | $619.0M |
Free Cash Flow | $1.048B | $570.0M |
YoY Change | 4.7% | -30.99% |
Facts In Submission
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---|---|---|---|---|
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Revenues
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Revenues
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Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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Operating Costs And Expenses
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Depreciation Depletion And Amortization
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Debt Instrument Carrying Amount Of Long Term Portion
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Debt Fair Value Adjustments
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DeferredCreditsAndOtherLiabilitiesNoncurrent
|
2615000000 | usd |
CY2024Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
34418000000 | usd |
CY2023Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
32070000000 | usd |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
38993000000 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
39291000000 | usd |
CY2024Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
4000000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
4000000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2219374654 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2219374654 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2219729644 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2219729644 | shares |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
22000000 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
22000000 | usd |
CY2024Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
41200000000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
41190000000 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10574000000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10689000000 | usd |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-276000000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-217000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
30372000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
30306000000 | usd |
CY2024Q1 | us-gaap |
Minority Interest
MinorityInterest
|
1371000000 | usd |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1423000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
31743000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
31729000000 | usd |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
70736000000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
71020000000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
773000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
703000000 | usd |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
587000000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
565000000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
198000000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
190000000 | usd |
CY2024Q1 | kmi |
Amortizationofexcesscostofequityinvestments
Amortizationofexcesscostofequityinvestments
|
12000000 | usd |
CY2023Q1 | kmi |
Amortizationofexcesscostofequityinvestments
Amortizationofexcesscostofequityinvestments
|
17000000 | usd |
CY2024Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-50000000 | usd |
CY2023Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
66000000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
32000000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
0 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
243000000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
165000000 | usd |
CY2024Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
183000000 | usd |
CY2023Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
188000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-159000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-536000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
17000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-88000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-25000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-93000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-187000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-368000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-134000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-162000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-75000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-73000000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-101000000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-161000000 | usd |
CY2024Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-9000000 | usd |
CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-52000000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1189000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1333000000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
619000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
507000000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
18000000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
45000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
35000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
61000000 | usd |
CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-30000000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
17000000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-572000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-508000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
4007000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
2794000000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
3882000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
3180000000 | usd |
CY2024Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
17000000 | usd |
CY2023Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
13000000 | usd |
CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
631000000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
627000000 | usd |
CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7000000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
113000000 | usd |
CY2024Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
39000000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
39000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-3000000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-570000000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1181000000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
47000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-356000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
794000000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
143000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
438000000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
83000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
745000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
13000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
49000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
794000000 | usd |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
119000000 | usd |
CY2023Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
416000000 | usd |
CY2024Q1 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
24000000 | usd |
CY2023Q1 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
22000000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
143000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
438000000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
47000000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-356000000 | usd |
CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
20000000 | usd |
CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
11000000 | usd |
CY2024Q1 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
0 | usd |
CY2023Q1 | us-gaap |
Contribution Of Property
ContributionOfProperty
|
16000000 | usd |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
usd | |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
15000000 | usd |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
606000000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
617000000 | usd |
CY2024Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-2000000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
31729000000 | usd |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
7000000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
17000000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
773000000 | usd |
CY2024Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
631000000 | usd |
CY2024Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
39000000 | usd |
CY2024Q1 | us-gaap |
Business Combination Provisional Information Initial Accounting Incomplete Adjustment Equity Interests
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentEquityInterests
|
-38000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
2000000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-59000000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
31743000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
32114000000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
113000000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
15000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
703000000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
627000000 | usd |
CY2023Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
39000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
61000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
32114000000 | usd |
CY2024Q1 | kmi |
Miles Of Pipeline
MilesOfPipeline
|
79000 | mi |
CY2024Q1 | kmi |
Number Of Pipeline Terminals Owned Interest In And Or Operated
NumberOfPipelineTerminalsOwnedInterestInAndOrOperated
|
139 | terminals |
CY2024Q1 | kmi |
Working Capacity Of Business
WorkingCapacityOfBusiness
|
702 | bcf |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
746000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
679000000 | usd |
CY2024Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
4000000 | usd |
CY2023Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
4000000 | usd |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2220000000 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2247000000 | shares |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.33 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
20121000000 | usd |
CY2024Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-27000000 | usd |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
20094000000 | usd |
CY2024Q1 | us-gaap |
Debt Current
DebtCurrent
|
1975000000 | usd |
CY2023Q4 | us-gaap |
Debt Current
DebtCurrent
|
4049000000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
30071000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
27880000000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
32046000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
31929000000 | usd |
CY2024Q1 | kmi |
Debt Fair Value Adjustments
DebtFairValueAdjustments
|
100000000 | usd |
CY2023Q4 | kmi |
Debt Fair Value Adjustments
DebtFairValueAdjustments
|
187000000 | usd |
CY2024Q1 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
3000000000 | usd |
CY2024Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
7000000 | usd |
CY2024Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
16.50 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2875 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.2825 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.2825 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.2775 | |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
3589000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
4223000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
3565000000 | usd |
CY2024Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
85000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
178000000 | usd |
CY2024Q1 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
521000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
395000000 | usd |
CY2024Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-27000000 | usd |
CY2023Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
97000000 | usd |
CY2024Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
118000000 | usd |
CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3410000000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
342000000 | usd |
CY2024Q1 | kmi |
Revenues From Derivatives Adjustments
RevenuesFromDerivativesAdjustments
|
9000000 | usd |
CY2024Q1 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
81000000 | usd |
CY2024Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
432000000 | usd |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
3842000000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3445000000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
330000000 | usd |
CY2023Q1 | kmi |
Revenues From Derivatives Adjustments
RevenuesFromDerivativesAdjustments
|
86000000 | usd |
CY2023Q1 | us-gaap |
Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
|
27000000 | usd |
CY2023Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
443000000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
3888000000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
26000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
34000000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
19000000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
417000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
415000000 | usd |
CY2024Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
43000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2931000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
2530000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
||
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
14490000000 | usd |
CY2024Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
31328000000 | usd |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
3842000000 | usd |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
3888000000 | usd |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
587000000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
565000000 | usd |
CY2024Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
12000000 | usd |
CY2023Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
17000000 | usd |
CY2024Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
180000000 | usd |
CY2023Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
179000000 | usd |
CY2024Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-472000000 | usd |
CY2023Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-445000000 | usd |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
209000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
196000000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
773000000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
703000000 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
70736000000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
71020000000 | usd |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
209000000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
196000000 | usd |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.213 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.218 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2024Q1 | us-gaap |
Litigation Reserve
LitigationReserve
|
32000000 | usd |
CY2023Q4 | us-gaap |
Litigation Reserve
LitigationReserve
|
23000000 | usd |
CY2023Q4 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
199000000 | usd |
CY2024Q1 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
199000000 | usd |
CY2024Q1 | us-gaap |
Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
|
10000000 | usd |
CY2023Q4 | us-gaap |
Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
|
11000000 | usd |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |