Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

The following table sets forth, for the periods and at the dates indicated, our summary historical financial data. The table is derived from our consolidated financial statements and notes thereto, and should be read in conjunction with those audited financial statements. See also Item 7 “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this report for more information.

Five-Year Review Kinder Morgan, Inc. and Subsidiaries

	As of or for the Year Ended December 31,
	2014		2013			2012			2011		2010
	(In millions, except per share and ratio data)
Income and Cash Flow Data:
Revenues	$	16,226	$	14,070		$	9,973		$	7,943	$	7,852
Operating income	4,448		3,990			2,593			1,423		1,133
Earnings (loss) from equity investments	406		327			153			226		(274		)
Income from continuing operations	2,443		2,696			1,204			449		64
(Loss) income from discontinued operations, net of tax	—		(4		)	(777		)	211		236
Net income	2,443		2,692			427			660		300
Net income (loss) attributable to Kinder Morgan, Inc.	1,026		1,193			315			594		(41		)
Class P Shares
Basic and Diluted Earnings Per Common Share From Continuing Operations	$	0.89	$	1.15		$	0.56		$	0.70
Basic and Diluted (Loss) Earnings Per Common Share From Discontinued Operations	—		—			(0.21		)	0.04
Total Basic and Diluted Earnings Per Common Share	$	0.89	$	1.15		$	0.35		$	0.74
Class A Shares
Basic and Diluted Earnings Per Common Share From Continuing Operations						$	0.47		$	0.64
Basic and Diluted (Loss) Earnings Per Common Share From Discontinued Operations						(0.21		)	0.04
Total Basic and Diluted Earnings Per Common Share						$	0.26		$	0.68
Basic Weighted Average Number of Shares Outstanding:
Class P shares	1,137		1,036			461			118
Class A shares						446			589
Diluted Weighted Average Number of Shares Outstanding:
Class P shares	1,137		1,036			908			708
Class A shares						446			589

Dividends per common share declared for the period(a)(b)	$	1.74	$	1.60		$	1.40		$	1.05
Dividends per common share paid in the period(a)	1.70		1.56			1.34			0.74

Balance Sheet Data (at end of period):
Net property, plant and equipment	$	38,564	$	35,847		$	30,996		$	17,926	$	17,071
Total assets	83,198		75,185			68,245			30,717		28,908
Long-term debt(c)	38,312		31,910			29,409			13,261		13,219


(a)	Dividends for the fourth quarter of each year are declared and paid during the first quarter of the following year.


(b)	2011 declared dividend per share was prorated for the portion of the first quarter we were a public company ($0.14 per share). If we had been a public company for the entire year, the 2011 declared dividend would have been $1.20 per share.


(c)	Excludes debt fair value adjustments. Increases to long-term debt for debt fair value adjustments totaled $1,934 million, $1,977 million, $2,591 million, $1,095 million and $594 million as of December 31, 2014, 2013, 2012, 2011, and 2010, respectively.

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