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	2016 - 2020
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	2016 - 2020
Net Income	-	2,613	2,391	2,548	1,784	Upgrade
Depreciation & Amortization	-	2,354	2,250	2,186	2,135	Upgrade
Loss (Gain) From Sale of Assets	-	-74	-15	-32	-10	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	-	1,634	Upgrade
Loss (Gain) From Sale of Investments	-	50	66	75	-128	Upgrade
Loss (Gain) on Equity Investments	-	-67	-83	-78	129	Upgrade
Other Operating Activities	-	774	1,557	505	205	Upgrade
Change in Accounts Receivable	-	52	301	-220	-265	Upgrade
Change in Inventory	-	-12	188	-183	-202	Upgrade
Change in Accounts Payable	-	-5	-201	161	387	Upgrade
Change in Income Taxes	-	5	2	-5	-	Upgrade
Change in Other Net Operating Assets	-	-55	35	10	39	Upgrade
Operating Cash Flow	-	5,635	6,491	4,967	5,708	Upgrade
Operating Cash Flow Growth	-	-13.19%	30.68%	-12.98%	25.45%	Upgrade
Capital Expenditures	-	-2,691	-4,159	-2,108	-2,828	Upgrade
Sale of Property, Plant & Equipment	-	-	-	-	406	Upgrade
Investment in Securities	-	56	16	-73	125	Upgrade
Other Investing Activities	-	6	-32	6	-8	Upgrade
Investing Cash Flow	-	-2,629	-4,175	-2,175	-2,305	Upgrade
Long-Term Debt Issued	-	10,441	7,590	9,058	5,959	Upgrade
Long-Term Debt Repaid	-	-10,557	-7,356	-9,735	-6,831	Upgrade
Net Debt Issued (Repaid)	-	-116	234	-677	-872	Upgrade
Repurchase of Common Stock	-	-7	-522	-368	-	Upgrade
Common Dividends Paid	-	-2,557	-2,529	-2,504	-2,525	Upgrade
Dividends Paid	-	-2,557	-2,529	-2,504	-2,525	Upgrade
Other Financing Activities	-	-207	-197	404	-68	Upgrade
Financing Cash Flow	-	-2,887	-3,014	-3,145	-3,465	Upgrade
Foreign Exchange Rate Adjustments	-	-1	-	-	-	Upgrade
Net Cash Flow	-	118	-698	-353	-62	Upgrade
Free Cash Flow	-	2,944	2,332	2,859	2,880	Upgrade
Free Cash Flow Growth	-	26.24%	-18.43%	-0.73%	1.88%	Upgrade
Free Cash Flow Margin	-	19.50%	15.21%	14.89%	17.34%	Upgrade
Free Cash Flow Per Share	-	1.33	1.04	1.27	1.27	Upgrade
Cash Interest Paid	-	1,816	1,844	1,460	1,529	Upgrade
Cash Income Tax Paid	-	33	11	13	10	Upgrade
Levered Free Cash Flow	-	1,305	-63.75	1,479	1,249	Upgrade
Unlevered Free Cash Flow	-	2,457	1,059	2,425	2,182	Upgrade
Change in Working Capital	-	-15	325	-237	-41	Upgrade

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.