Energy Infrastructure & Transition Overview
GAAP Reconciliations
$ in millions
Reconciliation of DD&A and amortization of excess cost of equity investments for DCF
Depreciation, depletion and amortization (GAAP)
Amortization of excess cost of equity investments (GAAP)
DD&A and amortization of excess cost of equity investments
JV DD&A
DD&A and amortization of excess cost of equity investments for DCF
Reconciliation of general and administrative and corporate charges
General and administrative (GAAP)
Corporate charges
Certain Items
General and administrative and corporate charges (a
(a)
Reconciliation of interest, net
Interest, net (GAAP)
Certain Items
Interest, net(a)
a) Amounts are adjusted for Certain items.
b) Amounts are associated with our Citrus, NGPL and Plantation equity investments.
KINDER MORGAN
2020
($2,164)
Reconciliation of income tax expense for DCF
Income tax expense (GAAP)
(140)
Certain Items
(2,304)
Income tax expense (a)
(367)
Unconsolidated JV income tax expense (b)
($2,671)
Income tax expense for DCF(a)
2020
$
(481)
(107)
(588)
(82)
(670)
($648)
Reconciliation of additional JV information
Unconsolidated JV DD&A
$
(407)
(5)
Less: Consolidated JV partners' DD&A
(40)
92
JV DD&A
(367)
($561)
Unconsolidated JV income tax expense (a,b)
(82)
JV DD&A and income tax expense (a)
$
(449)
Unconsolidated JV cash taxes (b)
$
(62)
(1,595)
Unconsolidated JV sustaining capital expenditures
$
(120)
(15)
(1,610)
Less: Consolidated JV partners' sustaining capital expenditures
(6)
JV sustaining capital expenditures
$
(114)
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