Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - KINDER MORGAN, INC.kmi-06302018ex322.htm
EX-32.1 - EXHIBIT 32.1 - KINDER MORGAN, INC.kmi-06302018ex321.htm
EX-31.2 - EXHIBIT 31.2 - KINDER MORGAN, INC.kmi-06302018ex312.htm
EX-31.1 - EXHIBIT 31.1 - KINDER MORGAN, INC.kmi-06302018ex311.htm
EX-10.3 - EXHIBIT 10.3 - KINDER MORGAN, INC.kmi-06302018ex103.htm
EX-10.2 - EXHIBIT 10.2 - KINDER MORGAN, INC.kmi-06302018ex102.htm
EX-10.1 - EXHIBIT 10.1 - KINDER MORGAN, INC.kmi-06302018ex101.htm
10-Q - 10-Q - KINDER MORGAN, INC.kmi-06302018x10q.htm


Exhibit 12.1
KINDER MORGAN, INC. AND SUBSIDIARIES
EXHIBIT 12.1 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions except ratio amounts)
 
Six Months Ended June 30,
 
2018
 
2017
Earnings:
 
 
 
Pre-tax income before adjustment for net income attributable to noncontrolling interests and earnings from equity investments (including amortization of excess cost of equity investments) per statements of income
$
38

 
$
1,010

Add:
 
 
 
Fixed charges
1,062

 
982

Amortization of capitalized interest
7

 
6

Distributed income of equity investees
237

 
208

Less:
 
 
 
Interest capitalized from continuing operations
(38
)
 
(26
)
Preference security dividend requirements of consolidated subsidiaries
(14
)
 

Noncontrolling interest in pre-tax income of subsidiaries with no fixed charges
(7
)
 
(9
)
Income as adjusted
$
1,285

 
$
2,171

 
 
 
 
Fixed charges:
 
 
 
Interest and debt expense, net per statements of income (includes amortization of debt discount, premium, and debt issuance costs); also includes capitalized interest
$
1,024

 
$
958

Add:
 
 
 
Portion of rents representative of the interest factor
24

 
24

Preference security dividend requirements of consolidated subsidiaries
14

 

Fixed charges
$
1,062

 
$
982

 
 
 
 
Ratio of earnings to fixed charges
1.21

 
2.21