XML 69 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Service revenues $ 2,729 $ 2,532 $ 2,359
Product sales 4,757 5,398 4,279
Total revenues 7,486 7,930 6,638
Costs and expenses:      
Product costs 3,496 3,934 3,260
Operating and maintenance expenses 1,027 990 870
Depreciation and amortization expenses 756 661 612
Selling, general, and administrative expenses 571 477 504
Other (income) expense - net 24 1 (15)
Total costs and expenses 5,874 6,063 5,231
Operating income (loss) 1,612 1,867 1,407
Equity earnings (losses) 111 [1] 155 [1] 143 [1]
Interest incurred (568) (598) (628)
Interest capitalized 59 25 36
Other investing income - net 77 13 45
Early debt retirement costs 0 (271) (606)
Other income (expense) - net (2) 11 (12)
Income (loss) from continuing operations before income taxes 1,289 1,202 385
Provision (benefit) for income taxes 360 124 114
Income (loss) from continuing operations 929 1,078 271
Income (loss) from discontinued operations 136 (417) (1,193)
Net income (loss) 1,065 661 (922)
Less: Net income attributable to noncontrolling interests 206 285 175
Net income (loss) attributable to The Williams Companies, Inc. 859 376 (1,097)
Amounts attributable to The Williams Companies, Inc.:      
Income (loss) from continuing operations 723 803 104
Income (loss) from discontinued operations 136 (427) (1,201)
Net income (loss) $ 859 $ 376 $ (1,097)
Basic earnings (loss) per common share:      
Income (loss) from continuing operations $ 1.17 $ 1.36 $ 0.17
Income (loss) from discontinued operations $ 0.22 $ (0.72) $ (2.05)
Net income (loss) $ 1.39 $ 0.64 $ (1.88)
Weighted-average shares (thousands) 619,792 588,553 584,552
Diluted earnings (loss) per common share:      
Income (loss) from continuing operations $ 1.15 $ 1.34 $ 0.17
Income (loss) from discontinued operations $ 0.22 $ (0.71) $ (2.03)
Net income (loss) $ 1.37 $ 0.63 $ (1.86)
Weighted-average shares (thousands) 625,486 598,175 590,699
[1] Items also included in segment profit (loss). (See Note 18.)