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Consolidated Statement of Cash Flows (Unaudited) - Williams - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES:    
Net income (loss) $ 1,312 $ 1,088
Adjustments to reconcile to net cash provided (used) by operating activities:    
Depreciation, depletion, and amortization 1,190 1,088
Provision (benefit) for deferred income taxes 186 258
Equity (earnings) losses (297) (284)
Distributions from equity-method investees 412 394
Net unrealized (gain) loss from commodity derivative instruments (4) 223
Inventory write-downs 4 6
Amortization of stock-based awards 49 48
Cash provided (used) by changes in current assets and liabilities:    
Accounts receivable 301 270
Inventories (61) (3)
Other current assets and deferred charges (36) 12
Accounts payable (265) (219)
Other current liabilities 150 (76)
Changes in current and noncurrent commodity derivative assets and liabilities 19 (141)
Other, including changes in noncurrent assets and liabilities (77) (151)
Net cash provided (used) by operating activities 2,883 2,513
FINANCING ACTIVITIES:    
Proceeds from (payments of) commercial paper – net (454) (95)
Proceeds from long-term debt 2,994 2,100
Payments of long-term debt (975) (2,274)
Payments for debt issuance costs (26) (18)
Proceeds from issuance of common stock 5 5
Common dividends paid (1,221) (1,158)
Dividends and distributions paid to noncontrolling interests (131) (130)
Contributions from noncontrolling interests 19 36
Other – net (57) (18)
Net cash provided (used) by financing activities 154 (1,552)
INVESTING ACTIVITIES:    
Capital expenditures (1) (1,984) (1,123)
Dispositions – net (40) (27)
Purchases of businesses, net of cash acquired (Note 3) (1) (1,844)
Purchases of and contributions to equity-method investments (179) (82)
Other – net 10 20
Net cash provided (used) by investing activities (2,194) (3,056)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 843 (2,095)
Cash and cash equivalents at beginning of year 60 2,150
Cash and cash equivalents at end of period 903 55
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]    
(1)  Increases to property, plant, and equipment (2,041) (1,141)
Changes in related accounts payable and accrued liabilities 57 18
Capital expenditures $ (1,984) $ (1,123)