XML 104 R60.htm IDEA: XBRL DOCUMENT v3.22.4
DEBT (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
USD ($)
Rate
Dec. 31, 2022
USD ($)
Rate
Sep. 30, 2022
USD ($)
Rate
Dec. 31, 2021
USD ($)
Rate
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Rate
Mar. 31, 2020
USD ($)
Rate
Dec. 31, 2022
USD ($)
Rate
Dec. 31, 2021
USD ($)
Rate
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]                    
Total debt   $ 13,730,895   $ 13,756,709       $ 13,730,895 $ 13,756,709  
Unamortized portion of terminated swaps   9,878   11,596       9,878 11,596  
Unamortized debt issuance costs and discounts   (119,939)   (124,855)       (119,939) (124,855)  
Current maturities of long-term debt   (925,000)   (895,814)       (925,000) (895,814)  
Long-term debt   12,695,834   12,747,636       12,695,834 12,747,636  
Letters of Credit Outstanding, Amount   7,900   7,700       7,900 7,700  
Long-term Debt, Repurchased Face Amount                 55,200 $ 224,400
Repayments of Long-term Debt                 54,600 199,600
Gain (Loss) on Extinguishment of Debt                   $ 22,300
$2.5 Billion Credit Agreement [Member]                    
Debt Instrument [Line Items]                    
Line of Credit Facility, Maximum Borrowing Capacity   2,500,000           2,500,000    
Line of Credit Facility, Amount Outstanding   0   0       0 0  
Line of Credit Facility, Sublimit   100,000           100,000    
Line of Credit Facility, Swingline Subfacility   200,000           200,000    
Line Of Credit Facility, Option To Increase Borrowing Capacity   $ 1,000,000           $ 1,000,000    
Line of Credit Facility, Annual Facility Fee Description               the applicable rate is 15 basis points    
Line of Credit Facility, Interest Rate Description               Borrowings, if any, will accrue at Term SOFR plus an applicable margin based on our credit ratings at the time of determination plus an adjustment of 10 basis points. Under our current credit ratings, the applicable margin on any borrowings would be 110 basis points.    
Indebtedness to Adjusted EBITDA Maximum   5.0           5.0    
Indebtedness To Adjusted EBITDA Current   3.7           3.7    
Debt Instrument, Covenant Description               Among other things, beginning in June 2022, these covenants include maintaining a ratio of consolidated net indebtedness to adjusted EBITDA (EBITDA, as defined in our $2.5 Billion Credit Agreement, adjusted for all noncash charges and increased for projected EBITDA from certain lender-approved capital expansion projects) of no more than 5.0 to 1 at December 31, 2022.    
Guardian Pipeline [Member]                    
Debt Instrument [Line Items]                    
Line of Credit Facility, Interest Rate Description               bears interest at Term SOFR plus an applicable margin based on Guardian’s credit rating at the time of determination plus an adjustment of 10 basis points. Under Guardian’s current credit ratings, the applicable margin is 112.5 basis points    
Guardian Term Loan Agreement                    
Debt Instrument [Line Items]                    
Debt Instrument, Covenant Description               In June 2022, Guardian entered into a $120 million unsecured term loan agreement. The Guardian Term Loan Agreement matures in June 2025, and bears interest at Term SOFR plus an applicable margin based on Guardian’s credit rating at the time of determination plus an adjustment of 10 basis points. Under Guardian’s current credit ratings, the applicable margin is 112.5 basis points. The Guardian Term Loan Agreement allows prepayment of all or any portion outstanding without penalty or premium. During the second quarter 2022, Guardian drew the full $120 million available under the agreement and used the proceeds to repay intercompany debt with ONEOK. As of December 31, 2022, Guardian was in compliance with all covenants under the Guardian Term Loan Agreement.    
Notes Payable from Public Offering Due 2026, 2031 and 2051 [Member]                    
Debt Instrument [Line Items]                    
Senior Notes, Noncurrent           $ 1,500,000        
Proceeds from Debt, Net of Issuance Costs           1,480,000        
Notes Payable from Public Offering Due 2025, 2030 and 2050 [Member]                    
Debt Instrument [Line Items]                    
Senior Notes, Noncurrent             $ 1,750,000      
Proceeds from Debt, Net of Issuance Costs             1,730,000      
Notes Payable from Public Offering Due 2032                    
Debt Instrument [Line Items]                    
Senior Notes, Noncurrent   $ 750,000           $ 750,000    
Proceeds from Debt, Net of Issuance Costs   742,000                
Interest Obligations on Debt                    
Debt Instrument [Line Items]                    
2023   675,100           675,100    
2024   630,400           630,400    
2025   599,300           599,300    
2026   554,500           554,500    
2027   544,700           544,700    
Total Aggregate Maturities of Long-term Debt Outstanding and Interest Obligations on Debt                    
Debt Instrument [Line Items]                    
2023   1,600,100           1,600,100    
2024   1,130,400           1,130,400    
2025   1,606,300           1,606,300    
2026   1,154,500           1,154,500    
2027   1,044,700           1,044,700    
Senior Notes [Member]                    
Debt Instrument [Line Items]                    
2023   925,000           925,000    
2024   500,000           500,000    
2025   887,000           887,000    
2026   600,000           600,000    
2027   500,000           500,000    
Guardian Pipeline [Member] | Notes Payables 1 due 2022 [Member]                    
Debt Instrument [Line Items]                    
Repayments of Long-term Debt         $ 11,700          
Guardian Pipeline [Member] | Notes Payable due 2025 | Variable Rate                    
Debt Instrument [Line Items]                    
Total debt   120,000   0       120,000 0  
Debt Instrument, Face Amount   120,000           $ 120,000    
Debt Instrument, Interest Rate, Basis for Effective Rate | Rate               4.06%    
Guardian Pipeline [Member] | Unsecured Debt                    
Debt Instrument [Line Items]                    
2023   0           $ 0    
2024   0           0    
2025   120,000           120,000    
2026   0           0    
2027   0           0    
Subsidiary Issuer [Member] | 3.375% Notes Payable due 2022 [Member]                    
Debt Instrument [Line Items]                    
Total debt   0   895,814       0 895,814  
Debt Instrument, Face Amount   $ 900,000           $ 900,000    
Interest rates (in hundredths) | Rate   3.375% 3.375%         3.375%    
Debt Instrument, Redemption Price, Percentage     100.00%              
Repayments of Long-term Debt     $ 895,800              
Subsidiary Issuer [Member] | 5.0% Notes Payable due 2023 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 425,000   425,000       $ 425,000 425,000  
Debt Instrument, Face Amount   $ 425,000           $ 425,000    
Interest rates (in hundredths) | Rate   5.00%           5.00%    
Subsidiary Issuer [Member] | 5.0% Notes Payable due 2023 [Member] | Subsequent Event [Member]                    
Debt Instrument [Line Items]                    
Interest rates (in hundredths) | Rate 5.00%                  
Debt Instrument, Redemption Price, Percentage 100.00%                  
Repayments of Long-term Debt $ 425,000                  
Subsidiary Issuer [Member] | 4.9% Notes Payable due 2025 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 500,000   500,000       $ 500,000 500,000  
Debt Instrument, Face Amount   $ 500,000           $ 500,000    
Interest rates (in hundredths) | Rate   4.90%           4.90%    
Subsidiary Issuer [Member] | 6.65% Notes Payable due 2036 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 600,000   600,000       $ 600,000 600,000  
Debt Instrument, Face Amount   $ 600,000           $ 600,000    
Interest rates (in hundredths) | Rate   6.65%           6.65%    
Subsidiary Issuer [Member] | 6.85% Notes Payable due 2037 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 600,000   600,000       $ 600,000 600,000  
Debt Instrument, Face Amount   $ 600,000           $ 600,000    
Interest rates (in hundredths) | Rate   6.85%           6.85%    
Subsidiary Issuer [Member] | 6.125% Notes Payable due 2041 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 650,000   650,000       $ 650,000 650,000  
Debt Instrument, Face Amount   $ 650,000           $ 650,000    
Interest rates (in hundredths) | Rate   6.125%           6.125%    
Subsidiary Issuer [Member] | 6.2% Notes Payable due 2043 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 400,000   400,000       $ 400,000 400,000  
Debt Instrument, Face Amount   $ 400,000           $ 400,000    
Interest rates (in hundredths) | Rate   6.20%           6.20%    
Parent Company                    
Debt Instrument [Line Items]                    
Commercial Paper   $ 0   0       $ 0 0  
Parent Company | Term Loan Agreement due 2021 [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Face Amount           1,500,000        
Repayments of Long-term Debt           1,250,000        
Parent Company | 4.25% Notes Payable due 2022 [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Face Amount       $ 700,000         $ 700,000  
Interest rates (in hundredths) | Rate       4.25%         4.25%  
Repayments of Long-term Debt       $ 536,100            
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed       100.00%            
Parent Company | 7.5% Notes Payable due 2023 [Member]                    
Debt Instrument [Line Items]                    
Total debt   500,000   $ 500,000       500,000 $ 500,000  
Debt Instrument, Face Amount   $ 500,000           $ 500,000    
Interest rates (in hundredths) | Rate   7.50%           7.50%    
Parent Company | 2.75% Notes Payable due 2024 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 500,000   500,000       $ 500,000 500,000  
Debt Instrument, Face Amount   $ 500,000           $ 500,000    
Interest rates (in hundredths) | Rate   2.75%           2.75%    
Parent Company | 2.2% Notes Payable due 2025 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 387,000   387,000       $ 387,000 387,000  
Debt Instrument, Face Amount   $ 400,000         $ 400,000 $ 400,000    
Interest rates (in hundredths) | Rate   2.20%         2.20% 2.20%    
Parent Company | 5.85% Notes Payable due 2026 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 600,000   600,000       $ 600,000 600,000  
Debt Instrument, Face Amount   $ 600,000       $ 600,000   $ 600,000    
Interest rates (in hundredths) | Rate   5.85%       5.85%   5.85%    
Parent Company | 4.0% Notes Payable due 2027 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 500,000   500,000       $ 500,000 500,000  
Debt Instrument, Face Amount   $ 500,000           $ 500,000    
Interest rates (in hundredths) | Rate   4.00%           4.00%    
Parent Company | 4.55% Notes Payable due 2028 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 800,000   800,000       $ 800,000 800,000  
Debt Instrument, Face Amount   $ 800,000           $ 800,000    
Interest rates (in hundredths) | Rate   4.55%           4.55%    
Parent Company | 6.875% Notes Payable due 2028 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 100,000   100,000       $ 100,000 100,000  
Debt Instrument, Face Amount   $ 100,000           $ 100,000    
Interest rates (in hundredths) | Rate   6.875%           6.875%    
Parent Company | 4.35% Notes Payable due 2029 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 700,000   700,000       $ 700,000 700,000  
Debt Instrument, Face Amount   $ 700,000           $ 700,000    
Interest rates (in hundredths) | Rate   4.35%           4.35%    
Parent Company | 3.4% Notes Payable due 2029 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 714,251   714,251       $ 714,251 714,251  
Debt Instrument, Face Amount   $ 750,000           $ 750,000    
Interest rates (in hundredths) | Rate   3.40%           3.40%    
Parent Company | 3.1% Notes Payable due 2030 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 780,093   780,093       $ 780,093 780,093  
Debt Instrument, Face Amount   $ 850,000         $ 850,000 $ 850,000    
Interest rates (in hundredths) | Rate   3.10%         3.10% 3.10%    
Parent Company | 6.35% Notes Payable due 2031 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 600,000   600,000       $ 600,000 600,000  
Debt Instrument, Face Amount   $ 600,000       $ 600,000   $ 600,000    
Interest rates (in hundredths) | Rate   6.35%       6.35%   6.35%    
Parent Company | 6.1% Notes Payable due 2032                    
Debt Instrument [Line Items]                    
Total debt   $ 750,000   0       $ 750,000 0  
Debt Instrument, Face Amount   $ 750,000           $ 750,000    
Interest rates (in hundredths) | Rate   6.10%           6.10%    
Parent Company | 6.0% Notes Payable due 2035 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 400,000   400,000       $ 400,000 400,000  
Debt Instrument, Face Amount   $ 400,000           $ 400,000    
Interest rates (in hundredths) | Rate   6.00%           6.00%    
Parent Company | 4.95% Notes Payable due 2047 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 689,006   689,006       $ 689,006 689,006  
Debt Instrument, Face Amount   $ 700,000           $ 700,000    
Interest rates (in hundredths) | Rate   4.95%           4.95%    
Parent Company | 5.2% Notes Payable due 2048 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 1,000,000   1,000,000       $ 1,000,000 1,000,000  
Debt Instrument, Face Amount   $ 1,000,000           $ 1,000,000    
Interest rates (in hundredths) | Rate   5.20%           5.20%    
Parent Company | 4.45% Notes Payable due 2049 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 672,530   672,530       $ 672,530 672,530  
Debt Instrument, Face Amount   $ 750,000           $ 750,000    
Interest rates (in hundredths) | Rate   4.45%           4.45%    
Parent Company | 4.5% Notes Payable due 2050 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 443,015   443,015       $ 443,015 443,015  
Debt Instrument, Face Amount   $ 500,000         $ 500,000 $ 500,000    
Interest rates (in hundredths) | Rate   4.50%         4.50% 4.50%    
Parent Company | 7.15% Notes Payable due 2051 [Member]                    
Debt Instrument [Line Items]                    
Total debt   $ 300,000   $ 300,000       $ 300,000 $ 300,000  
Debt Instrument, Face Amount   $ 300,000       $ 300,000   $ 300,000    
Interest rates (in hundredths) | Rate   7.15%       7.15%   7.15%