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Consolidated Statement of Income (Unaudited) - Williams - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Revenues $ 2,923 $ 2,653 $ 8,752 $ 7,760
Costs and expenses:        
Operating and maintenance expenses 583 580 1,697 1,613
Depreciation, depletion, and amortization expenses 564 566 1,754 1,654
Selling, general, and administrative expenses 168 170 530 520
Other (income) expense – net 14 (25) 17 (69)
Total costs and expenses 1,814 1,815 5,604 5,214
Operating income (loss) 1,109 838 3,148 2,546
Equity earnings (losses) 152 147 449 431
Other investing income (loss) – net 19 290 31 332
Interest expense (372) (338) (1,071) (1,026)
Other income (expense) – net 21 31 51 95
Income (loss) before income taxes 929 968 2,608 2,378
Less: Provision (benefit) for income taxes 246 227 613 549
Net income (loss) 683 741 1,995 1,829
Less: Net income (loss) attributable to noncontrolling interests 36 35 111 90
Net income (loss) attributable to The Williams Companies, Inc. 647 706 1,884 1,739
Less: Preferred stock dividends 1 1 2 2
Net income (loss) available to common stockholders $ 646 $ 705 $ 1,882 $ 1,737
Basic earnings (loss) per common share:        
Net income (loss) available to common stockholders - Basic $ 0.53 $ 0.58 $ 1.54 $ 1.43
Weighted Average Number of Shares Outstanding, Basic 1,222 1,220 1,221 1,219
Diluted earnings (loss) per common share:        
Net income (loss) available to common stockholders - Diluted $ 0.53 $ 0.58 $ 1.54 $ 1.42
Weighted Average Number of Shares Outstanding, Diluted 1,225 1,223 1,224 1,222
Service [Member]        
Revenues:        
Revenues $ 2,121 $ 1,911 $ 6,165 $ 5,653
NonRegulated Service Commodity Consideration [Member]        
Revenues:        
Revenues 45 34 141 82
Product [Member]        
Revenues:        
Revenues 701 703 2,416 2,158
Energy Commodities and Service        
Revenues:        
Revenues 56 5 30 (133)
Oil and Gas, Purchased [Member]        
Costs and expenses:        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 471 517 1,560 1,467
Natural Gas Purchased For Shrink [Member]        
Costs and expenses:        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $ 14 $ 7 $ 46 $ 29