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Consolidated Statement of Income (Unaudited) - Williams - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenues $ 2,781 $ 2,336 $ 5,829 $ 5,107
Costs and expenses:        
Operating and maintenance expenses 572 522 1,114 1,033
Depreciation, depletion, and amortization expenses 605 540 1,190 1,088
Selling, general, and administrative expenses 168 164 362 350
Other (income) expense – net 13 (27) 3 (44)
Total costs and expenses 1,836 1,640 3,790 3,399
Operating income (loss) 945 696 2,039 1,708
Equity earnings (losses) 142 147 297 284
Other investing income (loss) – net 4 18 12 42
Interest expense (350) (339) (699) (688)
Other income (expense) – net 16 33 30 64
Income (loss) before income taxes 757 555 1,679 1,410
Less: Provision (benefit) for income taxes 174 129 367 322
Net income (loss) 583 426 1,312 1,088
Less: Net income (loss) attributable to noncontrolling interests 37 25 75 55
Net income (loss) attributable to The Williams Companies, Inc. 546 401 1,237 1,033
Less: Preferred stock dividends 0 0 1 1
Net income (loss) available to common stockholders $ 546 $ 401 $ 1,236 $ 1,032
Basic earnings (loss) per common share:        
Net income (loss) available to common stockholders - Basic $ 0.45 $ 0.33 $ 1.01 $ 0.85
Weighted Average Number of Shares Outstanding, Basic 1,221,650 1,219,367 1,221,158 1,218,761
Diluted earnings (loss) per common share:        
Net income (loss) available to common stockholders - Diluted $ 0.45 $ 0.33 $ 1.01 $ 0.84
Weighted Average Number of Shares Outstanding, Diluted 1,224,284 1,222,236 1,224,462 1,222,229
Service [Member]        
Revenues:        
Revenues $ 2,041 $ 1,837 $ 4,044 $ 3,742
NonRegulated Service Commodity Consideration [Member]        
Revenues:        
Revenues 47 18 96 48
Product [Member]        
Revenues:        
Revenues 657 610 1,715 1,455
Energy Commodities and Service        
Revenues:        
Revenues 36 (129) (26) (138)
Oil and Gas, Purchased [Member]        
Costs and expenses:        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 474 424 1,089 950
Natural Gas Purchased For Shrink [Member]        
Costs and expenses:        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $ 4 $ 17 $ 32 $ 22