Consolidated Balance Sheet (Unaudited) - Williams - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 903	$ 60
Receivables, Net, Current	1,563	1,863
Inventories	335	279
Derivative assets	202	267
Other current assets and deferred charges	218	192
Total current assets	3,221	2,661
Investments	4,209	4,140
Property, Plant and Equipment, Gross	59,391	57,395
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(19,618)	(18,703)
Property, plant, and equipment - net	39,773	38,692
Intangible assets – net	7,100	7,209
Regulatory assets, deferred charges, and other	1,838	1,830
Total assets	56,141	54,532
Current liabilities:
Accounts payable	1,414	1,613
Derivative Liability, Current	108	164
Other current liabilities	1,521	1,360
Commercial paper	0	455
Long-term debt due within one year	2,969	1,720
Total current liabilities	6,012	5,312
Long-term debt	25,603	24,736
Deferred income tax liabilities	4,563	4,376
Regulatory liabilities, deferred income, and other	5,158	5,268
Contingent liabilities and commitments (Note 10)
Stockholders’ equity:
Preferred stock ($1 par value; 30 million shares authorized at June 30, 2025 and December 31, 2024; 35 thousand shares issued at June 30, 2025 and December 31, 2024)	35	35
Common stock ($1 par value; 1,470 million shares authorized at June 30, 2025 and December 31, 2024; 1,260 million shares issued at June 30, 2025 and 1,258 million shares issued at December 31, 2024)	1,260	1,258
Capital in excess of par value	24,633	24,643
Retained deficit	(12,387)	(12,396)
Accumulated other comprehensive income (loss)	77	76
Treasury stock, at cost (39 million shares at June 30, 2025 and December 31, 2024 of common stock)	(1,180)	(1,180)
Total stockholders’ equity	12,438	12,436
Noncontrolling interests in consolidated subsidiaries	2,367	2,404
Total equity	14,805	14,840
Total liabilities and equity	$ 56,141	$ 54,532