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Consolidated Statement of Income (Unaudited) - Williams - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Revenues $ 3,048 $ 2,771
Costs and expenses:    
Operating and maintenance expenses 542 511
Depreciation, depletion, and amortization expenses 585 548
Selling, general, and administrative expenses 194 186
Other (income) expense – net (10) (17)
Total costs and expenses 1,954 1,759
Operating income (loss) 1,094 1,012
Equity earnings (losses) 155 137
Other investing income (loss) – net 8 24
Interest expense (349) (349)
Other income (expense) – net 14 31
Income (loss) before income taxes 922 855
Less: Provision (benefit) for income taxes 193 193
Net income (loss) 729 662
Less: Net income (loss) attributable to noncontrolling interests 38 30
Net income (loss) attributable to The Williams Companies, Inc. 691 632
Less: Preferred stock dividends 1 1
Net income (loss) available to common stockholders $ 690 $ 631
Basic earnings (loss) per common share:    
Net income (loss) available to common stockholders - Basic $ 0.57 $ 0.52
Weighted Average Number of Shares Outstanding, Basic 1,220,661 1,218,155
Diluted earnings (loss) per common share:    
Net income (loss) available to common stockholders - Diluted $ 0.56 $ 0.52
Weighted Average Number of Shares Outstanding, Diluted 1,224,641 1,222,222
Service [Member]    
Revenues:    
Revenues $ 2,003 $ 1,905
NonRegulated Service Commodity Consideration [Member]    
Revenues:    
Revenues 49 30
Product [Member]    
Revenues:    
Revenues 1,058 845
Energy Commodities and Service    
Revenues:    
Revenues (62) (9)
Oil and Gas, Purchased [Member]    
Costs and expenses:    
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 615 526
Natural Gas Purchased For Shrink [Member]    
Costs and expenses:    
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $ 28 $ 5