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Consolidated Statement of Income (Unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Service revenues $ 819 $ 706
Product sales 930 1,104
Total revenues 1,749 1,810
Costs and expenses:    
Product costs 769 790
Operating and maintenance expenses 298 260
Depreciation and amortization epxenses 214 201
Selling, general, and administrative expenses 150 132
Net insurance recoveries - Geismar Incident (119) 0
Other (income) expense - net 17 1
Total costs and expenses 1,329 1,384
Operating income (loss) 420 426
Equity earnings (losses) (48) 18
Interest incurred (169) (152)
Interest capitalized 29 24
Other investing income - net 14 13
Other income (expense) - net 1 (2)
Income (loss) from continuing operations before income taxes 247 327
Provision (benefit) for income taxes 51 96
Income (loss) from continuing operations 196 231
Income (loss) from discontinued operations 0 (1)
Net income (loss) 196 230
Less: Net income attributable to noncontrolling interests 56 69
Net income (loss) attributable to The Williams Companies, Inc. 140 161
Amounts attributable to The Williams Companies, Inc.:    
Income (loss) from continuing operations 140 162
Income (loss) from discontinued operations 0 (1)
Net income (loss) $ 140 $ 161
Basic earnings (loss) per common share:    
Income (loss) from continuing operations $ 0.20 $ 0.24
Income (loss) from discontinued operations $ 0.00 $ 0.00
Net income (loss) $ 0.20 $ 0.24
Weighted-average shares (thousands) 684,773 682,052
Diluted earnings (loss) per common share:    
Income (loss) from continuing operations $ 0.20 $ 0.23
Income (loss) from discontinued operations $ 0.00 $ 0.00
Net income (loss) $ 0.20 $ 0.23
Weighted-average shares (thousands) 688,904 687,143
Cash dividends declared per common share $ 0.4025 $ 0.33875