Renewable Natural Gas Growth and CO2 Emission Reduction Strategies
Reconciliation of Adjusted EBITDA, Normalized for Divestitures
KINDER MORGAN
$ in millions
Reconciliation of Adjusted EBITDA, Normalized for Divestitures
Net income attributable to Kinder Morgan, Inc. (GAAP)
Noncontrolling interests certain item
s(a)
KML noncontrolling interests (a
Total Certain Items
DD&A and amortization of excess cost of equity investments
(a)
Income tax expense
JV DD&A and income tax expense (a,b)
Interest, net (a)
Adjusted EBITDA
Divested adjusted EBITDA
(a)
As normalized for divestitures
Note: See Non-GAAP Financial Measures and Reconciliations.
a) Amounts are adjusted for Certain items.
b) Represents JV DD&A and income tax expense.
2016
2017
2018
2019
2020
2021
708 $
183
$ 1,609 $ 2,190 $
119 $ 1,784
(8)
28
58
33
933
1,445
501
(29)
1,892
1,220
2,268
2,322
2,392
2,494
2,304
2,213
899
853
645
627
588
860
443
496
472
487
449
351
1,999
1,871
1,891
1,816
1,610
1,518
$
7,242 $
7,198 $ 7,568 $
7,618 $
6,962 $
7,946
(660)
(499)
(497)
(360)
(55)
(9)
$
6,582 $
6,699 $ 7,071 $
7,258 $
6,908 $
7,938
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