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Consolidated Statement of Income (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Service revenues $ 4,116us-gaap_SalesRevenueServicesNet $ 2,939us-gaap_SalesRevenueServicesNet $ 2,729us-gaap_SalesRevenueServicesNet
Product sales 3,521us-gaap_SalesRevenueGoodsNet 3,921us-gaap_SalesRevenueGoodsNet 4,757us-gaap_SalesRevenueGoodsNet
Total revenues 7,637us-gaap_Revenues 6,860us-gaap_Revenues 7,486us-gaap_Revenues
Costs and expenses:      
Product costs 3,016us-gaap_CostOfPurchasedOilAndGas 3,027us-gaap_CostOfPurchasedOilAndGas 3,496us-gaap_CostOfPurchasedOilAndGas
Operating and maintenance expenses 1,492us-gaap_OperatingCostsAndExpenses 1,097us-gaap_OperatingCostsAndExpenses 1,027us-gaap_OperatingCostsAndExpenses
Depreciation and amortization expenses 1,176us-gaap_DepreciationDepletionAndAmortization 815us-gaap_DepreciationDepletionAndAmortization 756us-gaap_DepreciationDepletionAndAmortization
Selling, general, and administrative expenses 661us-gaap_SellingGeneralAndAdministrativeExpense 512us-gaap_SellingGeneralAndAdministrativeExpense 571us-gaap_SellingGeneralAndAdministrativeExpense
Net insurance recoveries - Geismar Incident (232)us-gaap_InsuredEventGainLoss (40)us-gaap_InsuredEventGainLoss 0us-gaap_InsuredEventGainLoss
Other (income) expense - net (45)us-gaap_OtherOperatingIncomeExpenseNet 74us-gaap_OtherOperatingIncomeExpenseNet 24us-gaap_OtherOperatingIncomeExpenseNet
Total costs and expenses 6,068us-gaap_CostsAndExpenses 5,485us-gaap_CostsAndExpenses 5,874us-gaap_CostsAndExpenses
Operating income (loss) 1,569us-gaap_OperatingIncomeLoss 1,375us-gaap_OperatingIncomeLoss 1,612us-gaap_OperatingIncomeLoss
Equity earnings (losses) 144us-gaap_IncomeLossFromEquityMethodInvestments [1] 134us-gaap_IncomeLossFromEquityMethodInvestments [1] 111us-gaap_IncomeLossFromEquityMethodInvestments [1]
Gain on remeasurement of equity-method investment 2,544us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain [1] 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain [1] 0us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain [1]
Other investing income (loss) - net 43us-gaap_InvestmentIncomeNonoperating 81us-gaap_InvestmentIncomeNonoperating 77us-gaap_InvestmentIncomeNonoperating
Interest incurred (888)us-gaap_InterestCostsIncurred (611)us-gaap_InterestCostsIncurred (568)us-gaap_InterestCostsIncurred
Interest capitalized 141us-gaap_InterestCostsCapitalizedAdjustment 101us-gaap_InterestCostsCapitalizedAdjustment 59us-gaap_InterestCostsCapitalizedAdjustment
Other income (expense) - net 31us-gaap_OtherNonoperatingIncomeExpense 0us-gaap_OtherNonoperatingIncomeExpense (2)us-gaap_OtherNonoperatingIncomeExpense
Income (loss) from continuing operations before income taxes 3,584us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,080us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,289us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision (benefit) for income taxes 1,249us-gaap_IncomeTaxExpenseBenefit 401us-gaap_IncomeTaxExpenseBenefit 360us-gaap_IncomeTaxExpenseBenefit
Income (loss) from continuing operations 2,335us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 679us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 929us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations 4us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (11)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 136us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income (loss) 2,339us-gaap_ProfitLoss 668us-gaap_ProfitLoss 1,065us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests 225us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 238us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 206us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income (loss) attributable to The Williams Companies, Inc. 2,114us-gaap_NetIncomeLoss 430us-gaap_NetIncomeLoss 859us-gaap_NetIncomeLoss
Amounts attributable to The Williams Companies, Inc.:      
Income (loss) from continuing operations 2,110us-gaap_IncomeLossFromContinuingOperations 441us-gaap_IncomeLossFromContinuingOperations 723us-gaap_IncomeLossFromContinuingOperations
Income (loss) from discontinued operations 4us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (11)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 136us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income (loss) attributable to The Williams Companies, Inc. $ 2,114us-gaap_NetIncomeLoss $ 430us-gaap_NetIncomeLoss $ 859us-gaap_NetIncomeLoss
Basic earnings (loss) per common share:      
Income (loss) from continuing operations $ 2.93us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.65us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.17us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Income (loss) from discontinued operations $ 0.01us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.22us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income (loss) $ 2.94us-gaap_EarningsPerShareBasic $ 0.63us-gaap_EarningsPerShareBasic $ 1.39us-gaap_EarningsPerShareBasic
Weighted-average shares (thousands) 719,325us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 682,948us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 619,792us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted earnings (loss) per common share:      
Income (loss) from continuing operations $ 2.91us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.64us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.15us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income (loss) from discontinued operations $ 0.01us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (0.02)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.22us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income (loss) $ 2.92us-gaap_EarningsPerShareDiluted $ 0.62us-gaap_EarningsPerShareDiluted $ 1.37us-gaap_EarningsPerShareDiluted
Weighted-average shares (thousands) 723,641us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 687,185us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 625,486us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Items also included in Segment profit (loss). (See Note 19 – Segment Disclosures.)