XML 63 R52.htm IDEA: XBRL DOCUMENT v3.10.0.1
SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION, Income Statement (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Condensed Financial Statements, Captions [Line Items]        
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
Impairment of long-lived assets 0 15,970 0 15,970
Gain on sale of assets (163) (274) (348) (904)
Operating income 495,534 354,622 1,363,599 991,209
Equity in net earnings (loss) from investments 39,313 40,058 116,070 118,985
Impairment of equity investments 0 (4,270) 0 (4,270)
Interest expense, net (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
Northern Border Pipeline        
Condensed Financial Statements, Captions [Line Items]        
Equity Method Investment, Ownership Percentage 50.00%   50.00%  
Equity in net earnings (loss) from investments $ 16,486 16,440 $ 48,863 50,879
Reportable Legal Entities | Parent Issuer & Guarantor        
Condensed Financial Statements, Captions [Line Items]        
Commodity sales 0 0 0 0
Services 0 0 0 0
Total revenues 0 0 0 0
Cost of sales and fuel (exclusive of items shown separately below) 0 0 0 0
Operating expenses 2,000 1,200 3,300 25,900
Impairment of long-lived assets   0   0
Gain on sale of assets 0 0 0 0
Operating income (2,000) (1,200) (3,300) (25,900)
Equity in net earnings (loss) from investments 457,300 298,000 1,226,600 842,000
Impairment of equity investments   0   0
Other income (expense), net 9,300 4,100 23,100 (15,500)
Interest expense, net (49,100) (43,200) (129,200) (93,500)
Income before income taxes 415,500 257,700 1,117,200 707,100
Income taxes (102,300) (91,900) (258,400) (180,900)
Net income 313,200 165,800 858,800 526,200
Less: Net income attributable to noncontrolling interests 0 100 0 201,400
Net income attributable to ONEOK 313,200 165,700 858,800 324,800
Less: Preferred stock dividends 200 200 800 500
Net income available to common shareholders 313,000 165,500 858,000 324,300
Reportable Legal Entities | Subsidiary Issuer & Guarantor        
Condensed Financial Statements, Captions [Line Items]        
Commodity sales 0 0 0 0
Services 0 0 0 0
Total revenues 0 0 0 0
Cost of sales and fuel (exclusive of items shown separately below) 0 0 0 0
Operating expenses 0 0 0 0
Impairment of long-lived assets   0   0
Gain on sale of assets 0 0 0 0
Operating income 0 0 0 0
Equity in net earnings (loss) from investments 457,100 298,300 1,231,200 845,900
Impairment of equity investments   0   0
Other income (expense), net 80,300 86,100 234,900 272,200
Interest expense, net (80,300) (86,100) (234,900) (272,200)
Income before income taxes 457,100 298,300 1,231,200 845,900
Income taxes 0 0 0 0
Net income 457,100 298,300 1,231,200 845,900
Less: Net income attributable to noncontrolling interests 0 0 0 0
Net income attributable to ONEOK 457,100 298,300 1,231,200 845,900
Less: Preferred stock dividends 0 0 0 0
Net income available to common shareholders 457,100 298,300 1,231,200 845,900
Reportable Legal Entities | Guarantor Subsidiary        
Condensed Financial Statements, Captions [Line Items]        
Commodity sales 0 0 0 0
Services 0 0 0 0
Total revenues 0 0 0 0
Cost of sales and fuel (exclusive of items shown separately below) 0 0 0 0
Operating expenses 0 2,600 0 8,800
Impairment of long-lived assets   0   0
Gain on sale of assets 0 0 0 0
Operating income 0 (2,600) 0 (8,800)
Equity in net earnings (loss) from investments 457,100 300,900 1,231,200 854,700
Impairment of equity investments   0   0
Other income (expense), net 80,300 86,100 234,900 272,200
Interest expense, net (80,300) (86,100) (234,900) (272,200)
Income before income taxes 457,100 298,300 1,231,200 845,900
Income taxes 0 0 0 0
Net income 457,100 298,300 1,231,200 845,900
Less: Net income attributable to noncontrolling interests 0 0 0 0
Net income attributable to ONEOK 457,100 298,300 1,231,200 845,900
Less: Preferred stock dividends 0 0 0 0
Net income available to common shareholders 457,100 298,300 1,231,200 845,900
Reportable Legal Entities | Combined Non-Guarantor Subsidiaries        
Condensed Financial Statements, Captions [Line Items]        
Commodity sales 3,083,600 2,322,500 8,578,900 6,700,300
Services 310,800 584,300 879,100 1,683,000
Total revenues 3,394,400 2,906,800 9,458,000 8,383,300
Cost of sales and fuel (exclusive of items shown separately below) 2,560,800 2,229,400 7,104,600 6,464,300
Operating expenses 336,300 303,300 986,800 878,000
Impairment of long-lived assets   16,000   16,000
Gain on sale of assets (200) (300) (300) (900)
Operating income 497,500 358,400 1,366,900 1,025,900
Equity in net earnings (loss) from investments 30,100 27,600 86,200 72,100
Impairment of equity investments   (4,300)   (4,300)
Other income (expense), net (5,300) (4,300) (23,300) (4,300)
Interest expense, net (72,800) (83,300) (221,900) (268,000)
Income before income taxes 449,500 294,100 1,207,900 821,400
Income taxes (700) (5,300) (7,900) (15,000)
Net income 448,800 288,800 1,200,000 806,400
Less: Net income attributable to noncontrolling interests 700 700 3,300 2,500
Net income attributable to ONEOK 448,100 288,100 1,196,700 803,900
Less: Preferred stock dividends 0 0 0 0
Net income available to common shareholders 448,100 288,100 1,196,700 803,900
Reportable Legal Entities | Total        
Condensed Financial Statements, Captions [Line Items]        
Commodity sales 3,083,600 2,322,500 8,578,900 6,700,300
Services 310,300 583,800 877,600 1,681,500
Total revenues 3,393,900 2,906,300 9,456,500 8,381,800
Cost of sales and fuel (exclusive of items shown separately below) 2,560,800 2,229,400 7,104,600 6,464,300
Operating expenses 337,800 306,600 988,600 911,200
Impairment of long-lived assets   16,000   16,000
Gain on sale of assets (200) (300) (300) (900)
Operating income 495,500 354,600 1,363,600 991,200
Equity in net earnings (loss) from investments 39,300 40,100 116,100 119,000
Impairment of equity investments   (4,300)   (4,300)
Other income (expense), net 4,000 (200) (200) (19,800)
Interest expense, net (121,900) (126,500) (351,100) (361,500)
Income before income taxes 416,900 263,700 1,128,400 724,600
Income taxes (103,000) (97,200) (266,300) (195,900)
Net income 313,900 166,500 862,100 528,700
Less: Net income attributable to noncontrolling interests 700 800 3,300 203,900
Net income attributable to ONEOK 313,200 165,700 858,800 324,800
Less: Preferred stock dividends 200 200 800 500
Net income available to common shareholders 313,000 165,500 858,000 324,300
Consolidating Entries        
Condensed Financial Statements, Captions [Line Items]        
Commodity sales 0 0 0 0
Services (500) (500) (1,500) (1,500)
Total revenues (500) (500) (1,500) (1,500)
Cost of sales and fuel (exclusive of items shown separately below) 0 0 0 0
Operating expenses (500) (500) (1,500) (1,500)
Impairment of long-lived assets   0   0
Gain on sale of assets 0 0 0 0
Operating income 0 0 0 0
Equity in net earnings (loss) from investments (1,362,300) (884,700) (3,659,100) (2,495,700)
Impairment of equity investments   0   0
Other income (expense), net (160,600) (172,200) (469,800) (544,400)
Interest expense, net 160,600 172,200 469,800 544,400
Income before income taxes (1,362,300) (884,700) (3,659,100) (2,495,700)
Income taxes 0 0 0 0
Net income (1,362,300) (884,700) (3,659,100) (2,495,700)
Less: Net income attributable to noncontrolling interests 0 0 0 0
Net income attributable to ONEOK (1,362,300) (884,700) (3,659,100) (2,495,700)
Less: Preferred stock dividends 0 0 0 0
Net income available to common shareholders $ (1,362,300) $ (884,700) $ (3,659,100) $ (2,495,700)