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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present our revenues disaggregated by revenue source and type of revenue for each revenue source (in millions):
 
 
Year ended December 31, 2019
 
 
Natural Gas Pipelines
 
Products Pipelines
 
Terminals
 
CO2
 
Corporate and Eliminations
 
Total
Revenues from contracts with customers(a)
 
 
 
 
 
 
 
 
 
 
 
 
Services
 
 
 
 
 
 
 
 
 
 
 
 
Firm services(b)
 
$
3,549

 
$
319

 
$
1,012

 
$
1

 
$
(4
)
 
$
4,877

Fee-based services
 
780

 
1,016

 
560

 
60

 

 
2,416

Total services
 
4,329

 
1,335

 
1,572

 
61

 
(4
)
 
7,293

Commodity sales
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas sales
 
2,603

 

 

 
1

 
(9
)
 
2,595

Product sales
 
805

 
289

 
20

 
1,111

 
(33
)
 
2,192

Total commodity sales
 
3,408

 
289

 
20

 
1,112

 
(42
)
 
4,787

Total revenues from contracts with customers
 
7,737

 
1,624

 
1,592

 
1,173

 
(46
)
 
12,080

Other revenues(c)
 
433

 
207

 
442

 
46

 
1

 
1,129

Total revenues
 
$
8,170

 
$
1,831

 
$
2,034

 
$
1,219

 
$
(45
)
 
$
13,209


 
 
Year ended December 31, 2018
 
 
Natural Gas Pipelines
 
Products Pipelines
 
Terminals
 
CO2
 
Kinder Morgan Canada(d)
 
Corporate and Eliminations
 
Total
Revenues from contracts with customers(a)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Services
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Firm services(b)
 
$
3,387

 
$
376

 
$
983

 
$
2

 
$

 
$
(2
)
 
$
4,746

Fee-based services
 
692

 
956

 
584

 
67

 
167

 

 
2,466

Total services
 
4,079

 
1,332

 
1,567

 
69

 
167

 
(2
)
 
7,212

Commodity sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas sales
 
3,327

 

 

 
2

 

 
(11
)
 
3,318

Product sales
 
1,190

 
393

 
20

 
1,222

 

 
(37
)
 
2,788

Total commodity sales
 
4,517

 
393

 
20

 
1,224

 

 
(48
)
 
6,106

Total revenues from contracts with customers
 
8,596

 
1,725

 
1,587

 
1,293

 
167

 
(50
)
 
13,318

Other revenues(c)
 
259

 
162

 
440

 
(38
)
 
3

 

 
826

Total revenues
 
$
8,855

 
$
1,887

 
$
2,027

 
$
1,255

 
$
170

 
$
(50
)
 
$
14,144

_______
(a)
Differences between the revenue classifications presented on the consolidated statements of income and the categories for the disaggregated revenues by type of revenue above are primarily attributable to revenues reflected in the “Other revenues” category above (see note (c) below).
(b)
Includes non-cancellable firm service customer contracts with take-or-pay or minimum volume commitment elements, including those contracts where both the price and quantity amount are fixed. Excludes service contracts with indexed-based pricing, which along with revenues from other customer service contracts are reported as Fee-based services.
(c)
Amounts recognized as revenue under guidance prescribed in Topics of the Accounting Standards Codification other than in Topic 606 and primarily include leases of $951 million and $868 million and derivatives of $49 million and $(133) million for the years ended December 31, 2019 and 2018, respectively. See Notes 14 for additional information related to our derivatives.
(d)
On August 31, 2018, the assets comprising the Kinder Morgan Canada business segment were sold; therefore, this segment does not have results of operations on a prospective basis (see Note 3).
Revenue Allocated to Remaining Performance Obligations
The following table presents our estimated revenue allocated to remaining performance obligations for contracted revenue that has not yet been recognized, representing our “contractually committed” revenue as of December 31, 2019 that we will invoice or transfer from contract liabilities and recognize in future periods (in millions):
Year
 
Estimated Revenue
2020
 
$
4,399

2021
 
3,752

2022
 
3,099

2023
 
2,510

2024
 
2,181

Thereafter
 
13,301

Total
 
$
29,242