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Acquisitions and Divestitures (Tables)
 12 Months Ended
Dec. 31, 2024
Business Acquisition [Line Items]  
Business Acquisition, Pro Forma Information [Table Text Block]
The following pro forma Revenues and Net income (loss) attributable to The Williams Companies, Inc. for 2024, 2023, and 2022, are presented as if the Crowheart Acquisition, Discovery Acquisition, and Gulf Coast Storage Acquisition had been completed on January 1, 2023, the DJ Basin Acquisitions and MountainWest Acquisition had been completed on January 1, 2022, and the Trace Acquisition had been completed on January 1, 2021. These pro forma amounts are not necessarily indicative of what the actual results would have been if the acquisitions had in fact occurred on the dates or for the periods indicated, nor do they purport to project Revenues or Net income (loss) attributable to The Williams Companies, Inc. for any future periods or as of any date. These amounts do not give
effect to any potential cost savings, operating synergies, or revenue enhancements to result from the transactions or the potential costs to achieve these cost savings, operating synergies, and revenue enhancements.
Year Ended December 31, 2024
As Reported
Pro Forma Crowheart (1)
Pro Forma Discovery (1)
Pro Forma Combined
(Millions)
Revenues$10,503 $60 $58 $10,621 
Net income (loss) attributable to The Williams Companies, Inc.2,225 8 (5)2,228 
Year Ended December 31, 2023
As Reported
Pro Forma Crowheart
Pro Forma Discovery
Pro Forma Gulf Coast Storage
Pro Forma DJ Basin (1)
Pro Forma MountainWest (1)
Pro Forma Combined
(Millions)
Revenues$10,907 $74 $129 $202 $270 $35 $11,617 
Net income (loss) attributable to The Williams Companies, Inc.3,179 19 (1)53 17 6 3,273 
Year Ended December 31, 2022
As Reported
Pro Forma DJ Basin
Pro Forma MountainWest
Pro Forma Trace (1)
Pro Forma Combined
(Millions)
Revenues$10,965 $218 $265 $45 $11,493 
Net income (loss) attributable to The Williams Companies, Inc.2,049 13 170 18 2,250 
(1)Excludes results from operations acquired in the acquisition for the period beginning on the acquisition date, as these results are included in the amounts as reported.
Crowheart Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the preliminary allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at November 1, 2024. The allocation is considered preliminary because the valuation work has not been completed due to the ongoing review of the valuation results and validation of significant inputs and assumptions. Preliminary fair value measurements were made for certain acquired assets and liabilities, primarily property, plant, and equipment, which utilized the income approach for proved developed producing reserves and the market approach for undeveloped reserves; however, adjustments to those measurements may be made in subsequent periods, up to one year from the acquisition date, as new information related to facts and circumstances as of the acquisition date may be identified.
(Millions)
Cash and cash equivalents$94 
Other current assets
15 
Property, plant, and equipment – net400 
Other noncurrent assets
2 
Total assets acquired511 
Current liabilities
(45)
Noncurrent liabilities
(115)
Total liabilities assumed(160)
Net assets acquired
$351 
Discovery Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the preliminary allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at August 1, 2024. The allocation is considered preliminary because the valuation work has not been completed due to the ongoing review of the valuation results and validation of significant inputs and assumptions. Preliminary fair value measurements were made for certain acquired assets and liabilities, primarily property, plant, and equipment, which utilized the cost approach; however, adjustments to those measurements may be made in subsequent periods, up to one year from the acquisition date, as new information related to facts and circumstances as of the acquisition date may be identified.
(Millions)
Cash and cash equivalents$22 
Other current assets19 
Property, plant, and equipment – net941 
Other noncurrent assets39 
Total assets acquired
1,021 
Current liabilities(40)
Noncurrent liabilities
(296)
Total liabilities assumed(336)
Net assets acquired$685 
Gulf Coast Storage Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at January 3, 2024.
(Millions)
Cash and cash equivalents$46 
Other current assets18 
Property, plant, and equipment – net2,035 
Other noncurrent assets2 
Total assets acquired
2,101 
Current liabilities(11)
Noncurrent liabilities
(107)
Total liabilities assumed(118)
Net assets acquired$1,983 
Cureton Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at November 30, 2023.
(Millions)
Cash and cash equivalents$6 
Other current assets21 
Property, plant, and equipment – net433 
Intangible assets – net of accumulated amortization117 
Other noncurrent assets1 
Total identifiable assets acquired578 
Current liabilities(29)
Noncurrent liabilities
(14)
Total liabilities assumed(43)
Net identifiable assets acquired535 
Goodwill included in Intangible assets – net of accumulated amortization
11 
Net assets acquired$546 
RMM Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at November 30, 2023. The net assets acquired primarily reflect the noncash consideration transferred, which includes the fair value of both Williams’ previous equity-method investment and the deferred consideration obligation.

(Millions)
Cash and cash equivalents$28 
Other current assets4 
Investments20 
Property, plant, and equipment – net1,041 
Intangible assets – net of accumulated amortization63 
Other noncurrent assets12 
Total identifiable assets acquired1,168 
Current liabilities(44)
Noncurrent liabilities
(103)
Total liabilities assumed(147)
Net identifiable assets acquired1,021 
Goodwill included in Intangible assets – net of accumulated amortization
55 
Net assets acquired$1,076 
MountainWest Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table presents the allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at February 14, 2023. The fair value of accounts receivable acquired equals contractual amounts receivable.
(Millions)
Cash and cash equivalents$23 
Trade accounts and other receivables33 
Other current assets26 
Investments20 
Property, plant, and equipment – net1,019 
Other noncurrent assets33 
Total identifiable assets acquired1,154 
Current liabilities(47)
Long-term debt(365)
Other noncurrent liabilities(95)
Total liabilities assumed(507)
Net identifiable assets acquired647 
Goodwill included in Intangible assets – net of accumulated amortization
400 
Net assets acquired$1,047 
Trace Midstream Acquisition  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
Williams accounted for the Trace Acquisition as a business combination. The following table presents the allocation of the acquisition date fair value of the major classes of the assets acquired and liabilities assumed at April 29, 2022. The valuation techniques used consisted of the income approach for valuation of intangible assets and the cost approach for property, plant, and equipment.
(Millions)
Cash and cash equivalents$39 
Trade accounts and other receivables
18 
Property, plant, and equipment – net448 
Intangible assets – net of accumulated amortization472 
Other noncurrent assets20 
Total assets acquired997 
Accounts payable(12)
Other current liabilities(5)
Other noncurrent liabilities(8)
Total liabilities assumed(25)
Net assets acquired$972