Kinder Morgan Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	3,056	2,613	2,391	2,548	1,784
Depreciation & Amortization	2,453	2,354	2,250	2,186	2,135
Loss (Gain) From Sale of Assets	-6	-74	-15	-32	-10
Asset Writedown & Restructuring Costs	-	-	-	-	1,634
Loss (Gain) From Sale of Investments	-123	-	-	75	-128
Loss (Gain) on Equity Investments	-91	-17	-17	-78	129
Other Operating Activities	741	770	1,576	505	205
Change in Accounts Receivable	-192	52	301	-220	-265
Change in Inventory	-21	-12	188	-183	-202
Change in Accounts Payable	96	-5	-201	161	387
Change in Income Taxes	-15	5	2	-5	-
Change in Other Net Operating Assets	19	-51	16	10	39
Operating Cash Flow	5,917	5,635	6,491	4,967	5,708
Operating Cash Flow Growth	5.00%	-13.19%	30.68%	-12.98%	25.45%
Capital Expenditures	-3,674	-2,691	-4,159	-2,108	-2,828
Sale of Property, Plant & Equipment	-	-	-	-	406
Investment in Securities	534	56	16	-73	125
Other Investing Activities	-39	6	-32	6	-8
Investing Cash Flow	-3,179	-2,629	-4,175	-2,175	-2,305
Long-Term Debt Issued	10,017	10,441	7,590	9,058	5,959
Long-Term Debt Repaid	-10,054	-10,557	-7,356	-9,735	-6,831
Net Debt Issued (Repaid)	-37	-116	234	-677	-872
Repurchase of Common Stock	-	-7	-522	-368	-
Common Dividends Paid	-2,604	-2,557	-2,529	-2,504	-2,525
Dividends Paid	-2,604	-2,557	-2,529	-2,504	-2,525
Other Financing Activities	-202	-207	-197	404	-68
Financing Cash Flow	-2,843	-2,887	-3,014	-3,145	-3,465
Foreign Exchange Rate Adjustments	-	-1	-	-	-
Net Cash Flow	-105	118	-698	-353	-62
Free Cash Flow	2,243	2,944	2,332	2,859	2,880
Free Cash Flow Growth	-23.81%	26.24%	-18.43%	-0.73%	1.88%
Free Cash Flow Margin	13.24%	19.50%	15.21%	14.89%	17.34%
Free Cash Flow Per Share	1.01	1.33	1.04	1.27	1.27
Cash Interest Paid	1,811	1,816	1,844	1,460	1,529
Cash Income Tax Paid	-	-	-	13	10
Levered Free Cash Flow	455.88	1,305	-66.75	1,479	1,249
Unlevered Free Cash Flow	1,582	2,457	1,056	2,425	2,182
Change in Working Capital	-113	-11	306	-237	-41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.