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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Commodity sales $ 3,083,625 $ 2,322,534 $ 8,578,891 $ 6,700,260
Services 310,265 583,832 877,605 1,681,489
Total revenues 3,393,890 2,906,366 9,456,496 8,381,749
Cost of sales and fuel (exclusive of items shown separately below) 2,560,765 2,229,416 7,104,609 6,464,281
Operations and maintenance 206,247 179,693 589,465 532,529
Depreciation and amortization 107,383 102,298 317,908 302,566
Impairment of long-lived assets 0 15,970 0 15,970
General taxes 24,124 24,641 81,263 76,098
Gain on sale of assets (163) (274) (348) (904)
Operating income 495,534 354,622 1,363,599 991,209
Equity in net earnings from investments (Note I) 39,313 40,058 116,070 118,985
Impairment of equity investments (Note I) 0 (4,270) 0 (4,270)
Allowance for equity funds used during construction 2,294 40 3,328 75
Other income 5,072 3,296 7,667 11,670
Other expense (3,404) (3,554) (11,104) (31,581)
Interest expense (net of capitalized interest of $8,326, $1,068, $15,498, and $4,254, respectively) (121,910) (126,533) (351,131) (361,468)
Income before income taxes 416,899 263,659 1,128,429 724,620
Income taxes (102,983) (97,128) (266,285) (195,913)
Net income 313,916 166,531 862,144 528,707
Less: Net income attributable to noncontrolling interests 657 789 3,329 203,911
Net income attributable to ONEOK 313,259 165,742 858,815 324,796
Less: Preferred stock dividends 275 276 825 493
Net income available to common shareholders $ 312,984 $ 165,466 $ 857,990 $ 324,303
Basic earnings per common share $ 0.76 $ 0.43 $ 2.09 $ 1.21
Diluted earnings per common share $ 0.75 $ 0.43 $ 2.07 $ 1.20
Average shares (thousands)        
Basic 412,117 380,907 411,400 268,108
Diluted 414,847 383,419 414,035 270,349
Dividends declared per share of common stock $ 0.825 $ 0.745 $ 2.390 $ 1.975