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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Revenues $ 2,263,228 $ 3,393,890 $ 7,500,761 $ 9,456,496
Cost of sales and fuel (exclusive of items shown separately below) 1,414,528 2,560,765 4,996,699 7,104,609
Operations and maintenance 218,305 206,247 632,332 589,465
Depreciation and amortization 121,430 107,383 350,552 317,908
General taxes 26,830 24,124 91,257 81,263
(Gain) loss on sale of assets (16) (163) 2,882 (348)
Operating income 482,151 495,534 1,427,039 1,363,599
Equity in net earnings from investments (Note I) 37,576 39,313 115,175 116,070
Allowance for equity funds used during construction 15,792 2,294 45,175 3,328
Other income 6,643 5,072 21,685 7,667
Other expense (6,065) (3,404) (14,024) (11,104)
Interest expense (net of capitalized interest of $27,610, $8,326, $73,601 and $15,498, respectively) (129,577) (121,910) (362,490) (351,131)
Income before income taxes 406,520 416,899 1,232,560 1,128,429
Income taxes (97,365) (102,983) (274,234) (266,285)
Net income 309,155 313,916 958,326 862,144
Less: Net income attributable to noncontrolling interests 0 657 0 3,329
Net income attributable to ONEOK 309,155 313,259 958,326 858,815
Less: Preferred stock dividends 275 275 825 825
Net income available to common shareholders $ 308,880 $ 312,984 $ 957,501 $ 857,990
Basic earnings per common share (Note G) $ 0.75 $ 0.76 $ 2.32 $ 2.09
Diluted earnings per common share (Note G) $ 0.74 $ 0.75 $ 2.31 $ 2.07
Average shares (thousands)        
Basic 413,816 412,117 413,443 411,400
Diluted 415,578 414,847 415,277 414,035
Commodity Sales        
Revenues        
Revenues $ 1,947,834 $ 3,083,625 $ 6,567,634 $ 8,578,891
Services        
Revenues        
Revenues $ 315,394 $ 310,265 $ 933,127 $ 877,605