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,
	2017		2016		2015		2014		2013
	(In millions, except per share amounts)
Income and Cash Flow Data:
Revenues	$	13,705	$	13,058	$	14,403	$	16,226	$	14,070
Operating income	3,544		3,572		2,447		4,448		3,990
Earnings from equity investments	578		497		414		406		327
Income from continuing operations	223		721		208		2,443		2,696
Loss from discontinued operations, net of tax	—		—		—		—		(4		)
Net income	223		721		208		2,443		2,692
Net income attributable to Kinder Morgan, Inc.	183		708		253		1,026		1,193
Net income available to common stockholders	27		552		227		1,026		1,193
Class P Shares
Basic and Diluted Earnings Per Common Share From Continuing Operations	$	0.01	$	0.25	$	0.10	$	0.89	$	1.15
Basic Weighted Average Common Shares Outstanding	2,230		2,230		2,187		1,137		1,036
Diluted Weighted Average Common Shares Outstanding	2,230		2,230		2,193		1,137		1,036

Dividends per common share declared for the period(a)	$	0.50	$	0.50	$	1.605	$	1.74	$	1.60
Dividends per common share paid in the period(a)	0.50		0.50		1.93		1.70		1.56

Balance Sheet Data (at end of period):
Property, plant and equipment, net	$	40,155	$	38,705	$	40,547	$	38,564	$	35,847
Total assets	79,055		80,305		84,104		83,049		75,071
Long-term debt(b)	34,088		36,205		40,732		38,312		31,910


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


(b)	Excludes debt fair value adjustments. Increases to long-term debt for debt fair value adjustments totaled $927 million, $1,149 million, $1,674 million, $1,785 million and $1,863 million as of December 31, 2017, 2016, 2015, 2014 and 2013, respectively.

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