Investor Presentation
Reconciliations of KMI FCF & CO2 Segment FCF
$ in millions
Reconciliation of KMI FCF
CFFO (GAAP)
Capital expenditures (GAAP)
FCF
Dividends paid (a)
FCF after dividends
Reconciliation of CO₂ Segment FCF
Segment EBDA
Certain items:
Non-cash impairments and project write-offs
Derivatives and other
Severance tax refund
Adjusted Segment EBDA
Capital expenditures (b)
Acquisitions
CO₂ Segment FCF
a) Includes dividends paid for the preferred shares for the years ended 2016, 2017, and 2018.
b) Includes sustaining and expansion capital expenditures.
2016
$
2018
2017
2019
2020
4,795 $ 4,601 $ 5,043 $ 4,748 $ 4,550
(2,882) (3,188) (2,904) (2,270) (1,707)
1,913 1,413 2,139 2,478 2,843
(1,272) (1,276) (1,774) (2,163) (2,362)
$ 641 $ 137 $ 365 $ 315 $ 481
$
827 $
847
$
759 $
681 $
(292)
29
79
75
950
63
40
90
(49)
(6)
(21)
919
887
907
707
652
(276)
(436)
(397)
(349)
(186)
-
(21)
$ 643 $ 451
$
489 $ 358 $
466
KINDER MORGAN
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