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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table The following table sets forth information regarding the relationship between compensation actually paid to our named executive officers, as defined
in the Securities and Exchange Commission rules, and the financial performance of the company.
Year
Summary
Compensation
Table Total
for Terry K.
Spencer (2)
Compensation
Actually Paid
to Terry K.
Spencer (1),(2)
Summary
Compensation
Table Total
for Pierce H.
Norton II (3)
Compensation
Actually Paid
to Pierce H.
Norton II (1),(2)
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs (4)
Average
Compensation
Actually Paid
to Non-PEO
NEOs (1),(4)
Value of Initial Fixed $100
Investment Based on:
Net
Income
Earnings
Per
Share (7)
Total
Shareholder
Return (5)
Peer
Group Total
Shareholder
Return (5),(6)
2024
$—
$—
$13,237,333
$20,978,410
$4,612,550
$6,946,295
$188.65
$177.30
$3,112,495,133
$5.17
2023
$—
$—
$9,547,574
$6,585,820
$3,650,976
$2,575,822
$125.62
$167.71
$2,658,934,437
$5.48
2022
$—
$—
$8,139,024
$7,369,578
$3,040,323
$1,844,648
$111.01
$169.96
$1,722,221,246
$3.84
2021
$9,287,113
$5,136,261
$7,246,578
$8,150,397
$3,163,660
$5,392,850
$93.37
$102.56
$1,499,706,012
$3.35
2020
$10,143,927
$(5,589,662)
$—
$—
$2,525,762
$(1,426,729)
$56.64
$66.32
$612,808,674
$1.42
        
Company Selected Measure Name diluted EPS        
Named Executive Officers, Footnote Mr. Spencer retired as our President and Chief Executive Officer, effective June 28, 2021, and retired as an advisor to the President and Chief Executive Officer
and from the Board, effective September 30, 2021.
(3)Mr. Norton was appointed by the Board as Mr. Spencer’s successor, effective June 28, 2021.
Our named executive officers whose compensation amounts are included in the Non-PEO average are Walter S. Hulse, III, Kevin L. Burdick, Sheridan C. Swords
and Robert F. Martinovich for 2020, 2021 and 2022. For 2023, the named executive officers included in the Non-PEO average are Walter S. Hulse, III, Kevin L.
Burdick, Sheridan C. Swords, Charles M. Kelley, and Stephen B. Allen. For 2024, the named executive officers included in the Non-PEO average are Walter S.
Hulse, III, Kevin L. Burdick, Sheridan C. Swords, and Lyndon C. Taylor.
        
Peer Group Issuers, Footnote Peer Group TSR is the S&P 500 Energy Index: We replaced the Alerian Midstream Energy Select Index with the S&P 500 Energy Index as it is more relevant to
our business subsequent to the Magellan acquisition. The S&P 500 Energy Index is a subindex of the S&P 500 that includes those companies classified as
members of the energy sector. The graph below includes both peer groups for comparison purposes through FY 2024. 		       
Adjustment To PEO Compensation, Footnote The following table sets forth amounts that were deducted from, and added to, the Summary Compensation Table total compensation amounts to calculate the
compensation actually paid amounts.
2024
Description
Pierce H.
Norton II
Non-PEO NEO
Average
Deduction for Grant-Date Fair Value of stock awards granted during covered year reported under the
“Stock Awards” column of the Summary Compensation Table
$(9,081,124)
$(2,470,639)
Increase for year-end fair value of equity awards granted during the covered fiscal year that are
outstanding and unvested as of the end of the covered fiscal year (b),(c)
$12,348,710
$3,357,280
Increase for vesting date fair value of awards that are granted and vest in the same covered fiscal year(c)
$—
$—
Increase/deduction for change as of the end of the covered fiscal year (from the end of the prior fiscal
year) in fair value of awards granted in prior years that are outstanding and unvested as of the end of the
covered fiscal year (b),(c)
$3,859,147
$1,389,316
Increase/deduction for change as of the vesting date (from the end of the prior fiscal year) in fair value of
awards granted in prior years that vest in the covered fiscal year (b),(c)
$614,344
$84,250
Deduction for the fair value amount at the end of the prior fiscal year for awards granted in prior years
that fail to meet the applicable vesting conditions during the covered fiscal year (b),(c)
$—
$—
Deduction for change in actuarial present value reported under the “Change in Pension Value” column
of the Summary Compensation Table for applicable fiscal year
$—
$(67,253)
Increase for actuarially determined service cost for pension plans (a)
$—
$40,791
Total Adjustments
$7,741,077
$2,333,745
Though 2022 and 2023 are not covered years in the pay versus performance adjustments, year-end Monte Carlo valuations were used for the outstanding 2022,
2023 and 2024 PSU awards to calculate their change in fair value during 2024.
For PSUs granted February 23, 2022, the risk-free interest rate used in the fair value valuation adjustments was 4.38% for December 31, 2022, 4.71% for
December 31, 2023, and 4.39% for December 31, 2024. In comparison, the risk-free interest rate used at the time of grant for all outstanding 2022 NEO PSUs was
1.78%. The historical stock price volatility used in the fair value valuation adjustments was 35.2%, based on 2.15-years, historical price data as of December 31,
2022, 25.38%, based on 1.15-years historical price data as of December 31, 2023, and 28.93%, based on 0.15-years historical price data as of December 31,
2024. In comparison, the annualized 3-year historical volatility used at the time of grant for all outstanding 2021 NEO PSUs was 61.1%.
For PSUs granted February 22, 2023, the risk-free interest rate used in the fair value valuation adjustments was 4.20% for December 31, 2023, and 4.17% for
December 31, 2024. The historical stock price volatility used in the fair value valuation adjustments was 29.87%, based on 2.15-years historical price data as of
December 31, 2023, and 20.80%, based on 1.14-years historical price data as of December 31, 2024. In comparison, the risk-free interest rate and the annualized
3-year historical volatility used at the time of grant for all outstanding 2023 NEO PSUs were 4.43% and 63.3%, respectively.
For PSUs granted February 21, 2024, the risk-free interest rate used in the fair value valuation adjustment was 4.25% and the historical stock price volatility used
in the fair value valuation adjustments was 22.82%, based on 2.0-years historical price data as of December 31, 2024. In comparison, the risk-free interest rate
and the annualized 3-year historical volatility used at the time of grant for all outstanding 2024 NEO PSUs were 4.46% and 29%, respectively.
(a)Includes service cost for pension and SERP retirement plans. There was no prior service cost.
(b)Dividend equivalents are accrued in the form of restricted units or performance units, as applicable, over the term of the vesting period and are paid when the
awards vest. Dividends (and corresponding dividend equivalents) are reflected in the fair value of the applicable award.
(c)Fair value is calculated pursuant to ASC Topic 718.
        
Non-PEO NEO Average Total Compensation Amount $ 4,612,550 $ 3,650,976 $ 3,040,323 $ 3,163,660 $ 2,525,762
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,946,295 2,575,822 1,844,648 5,392,850 (1,426,729)
Adjustment to Non-PEO NEO Compensation Footnote The following table sets forth amounts that were deducted from, and added to, the Summary Compensation Table total compensation amounts to calculate the
compensation actually paid amounts.
2024
Description
Pierce H.
Norton II
Non-PEO NEO
Average
Deduction for Grant-Date Fair Value of stock awards granted during covered year reported under the
“Stock Awards” column of the Summary Compensation Table
$(9,081,124)
$(2,470,639)
Increase for year-end fair value of equity awards granted during the covered fiscal year that are
outstanding and unvested as of the end of the covered fiscal year (b),(c)
$12,348,710
$3,357,280
Increase for vesting date fair value of awards that are granted and vest in the same covered fiscal year(c)
$—
$—
Increase/deduction for change as of the end of the covered fiscal year (from the end of the prior fiscal
year) in fair value of awards granted in prior years that are outstanding and unvested as of the end of the
covered fiscal year (b),(c)
$3,859,147
$1,389,316
Increase/deduction for change as of the vesting date (from the end of the prior fiscal year) in fair value of
awards granted in prior years that vest in the covered fiscal year (b),(c)
$614,344
$84,250
Deduction for the fair value amount at the end of the prior fiscal year for awards granted in prior years
that fail to meet the applicable vesting conditions during the covered fiscal year (b),(c)
$—
$—
Deduction for change in actuarial present value reported under the “Change in Pension Value” column
of the Summary Compensation Table for applicable fiscal year
$—
$(67,253)
Increase for actuarially determined service cost for pension plans (a)
$—
$40,791
Total Adjustments
$7,741,077
$2,333,745
Though 2022 and 2023 are not covered years in the pay versus performance adjustments, year-end Monte Carlo valuations were used for the outstanding 2022,
2023 and 2024 PSU awards to calculate their change in fair value during 2024.
For PSUs granted February 23, 2022, the risk-free interest rate used in the fair value valuation adjustments was 4.38% for December 31, 2022, 4.71% for
December 31, 2023, and 4.39% for December 31, 2024. In comparison, the risk-free interest rate used at the time of grant for all outstanding 2022 NEO PSUs was
1.78%. The historical stock price volatility used in the fair value valuation adjustments was 35.2%, based on 2.15-years, historical price data as of December 31,
2022, 25.38%, based on 1.15-years historical price data as of December 31, 2023, and 28.93%, based on 0.15-years historical price data as of December 31,
2024. In comparison, the annualized 3-year historical volatility used at the time of grant for all outstanding 2021 NEO PSUs was 61.1%.
For PSUs granted February 22, 2023, the risk-free interest rate used in the fair value valuation adjustments was 4.20% for December 31, 2023, and 4.17% for
December 31, 2024. The historical stock price volatility used in the fair value valuation adjustments was 29.87%, based on 2.15-years historical price data as of
December 31, 2023, and 20.80%, based on 1.14-years historical price data as of December 31, 2024. In comparison, the risk-free interest rate and the annualized
3-year historical volatility used at the time of grant for all outstanding 2023 NEO PSUs were 4.43% and 63.3%, respectively.
For PSUs granted February 21, 2024, the risk-free interest rate used in the fair value valuation adjustment was 4.25% and the historical stock price volatility used
in the fair value valuation adjustments was 22.82%, based on 2.0-years historical price data as of December 31, 2024. In comparison, the risk-free interest rate
and the annualized 3-year historical volatility used at the time of grant for all outstanding 2024 NEO PSUs were 4.46% and 29%, respectively.
(a)Includes service cost for pension and SERP retirement plans. There was no prior service cost.
(b)Dividend equivalents are accrued in the form of restricted units or performance units, as applicable, over the term of the vesting period and are paid when the
awards vest. Dividends (and corresponding dividend equivalents) are reflected in the fair value of the applicable award.
(c)Fair value is calculated pursuant to ASC Topic 718.
        
Compensation Actually Paid vs. Total Shareholder Return The following graph reflects the relationship between compensation actually paid and our cumulative TSR. (TSR reflects the value of a $100
investment in ONEOK common stock on December 31, 2019 and assumes reinvestment of dividends).
COMPENSATION ACTUALLY PAID VERSUS TOTAL SHAREHOLDER RETURN:
34084860489059
03 02_438518-3_legend_BLUE.jpg
Non-PEO NEO Average
03 02_438518-3_legend_NAVY.jpg
Terry K. Spencer
02_438518-3_legend_bar_green.jpg
Pierce H. Norton II
03 02_438518-3_legend_LIGHT BLUE.jpg
S&P 500 Energy Index
02_438518-3_legend_line_gray.jpg
Total Shareholder
Return
02 438518(1)_icon_chart legend.jpg
Alerian Midstream Energy Select Index
        
Compensation Actually Paid vs. Net Income The following graph reflects the relationship between compensation actually paid and net income.
COMPENSATION ACTUALLY PAID VERSUS NET INCOME:
34084860489223
03 02_438518-3_legend_BLUE.jpg
Non-PEO NEO Average
03 02_438518-3_legend_NAVY.jpg
Terry K. Spencer
02_438518-3_legend_bar_green.jpg
Pierce H. Norton II
03 02_438518-3_legend_LIGHT BLUE.jpg
Net Income
        
Compensation Actually Paid vs. Company Selected Measure The following graph reflects the relationship between compensation actually paid and Earnings per Share.
COMPENSATION ACTUALLY PAID VERSUS EARNINGS PER SHARE:
34084860489405
03 02_438518-3_legend_BLUE.jpg
Non-PEO NEO Average
03 02_438518-3_legend_NAVY.jpg
Terry K. Spencer
02_438518-3_legend_bar_green.jpg
Pierce H. Norton II
03 02_438518-3_legend_LIGHT BLUE.jpg
Earnings Per Share
        
Total Shareholder Return Vs Peer Group The following graph reflects the relationship between compensation actually paid and our cumulative TSR. (TSR reflects the value of a $100
investment in ONEOK common stock on December 31, 2019 and assumes reinvestment of dividends).
COMPENSATION ACTUALLY PAID VERSUS TOTAL SHAREHOLDER RETURN:
34084860489059
03 02_438518-3_legend_BLUE.jpg
Non-PEO NEO Average
03 02_438518-3_legend_NAVY.jpg
Terry K. Spencer
02_438518-3_legend_bar_green.jpg
Pierce H. Norton II
03 02_438518-3_legend_LIGHT BLUE.jpg
S&P 500 Energy Index
02_438518-3_legend_line_gray.jpg
Total Shareholder
Return
02 438518(1)_icon_chart legend.jpg
Alerian Midstream Energy Select Index
        
Tabular List, Table We believe the following performance measures represent the most important performance measures used by us to link compensation actually paid
to our named executive officers for the fiscal year ended December 31, 2024:
•Earnings Per Share
•Return on Invested Capital
•Relative TSR Percentile
        
Total Shareholder Return Amount $ 188.65 125.62 111.01 93.37 56.64
Peer Group Total Shareholder Return Amount 177.30 167.71 169.96 102.56 66.32
Net Income (Loss) $ 3,112,495,133 $ 2,658,934,437 $ 1,722,221,246 $ 1,499,706,012 $ 612,808,674
Company Selected Measure Amount | $ / shares 5.17 5.48 3.84 3.35 1.42
Additional 402(v) Disclosure TSR is calculated from December 31, 2019 to the end of the applicable fiscal year.In accordance with Securities and Exchange Commission rules, we are required to include in the "Pay versus Performance" table the "most important" financial
performance measure (as determined by the company) used to link compensation actually paid to our NEOs to company performance. The company determined
diluted EPS meets this requirement. Diluted EPS is as reflected in our 2024 annual report to shareholders (which includes our Annual Report on Form 10-K for the
year ended December 31, 2024).
        
Measure:: 1          
Pay vs Performance Disclosure          
Name Earnings Per Share        
Measure:: 2          
Pay vs Performance Disclosure          
Name Return on Invested Capital        
Measure:: 3          
Pay vs Performance Disclosure          
Name Relative TSR Percentile        
Pierce H. Norton II [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 13,237,333 $ 9,547,574 $ 8,139,024 $ 7,246,578  
PEO Actually Paid Compensation Amount $ 20,978,410 $ 6,585,820 $ 7,369,578 8,150,397  
PEO Name Mr. Norton Mr. Norton Mr. Norton    
Terry K. Spencer [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount       9,287,113 $ 10,143,927
PEO Actually Paid Compensation Amount       $ 5,136,261 $ (5,589,662)
PEO Name       Mr. Spencer Mr. Spencer
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 7,741,077        
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (9,081,124)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 12,348,710        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,859,147        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 614,344        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,333,745        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (67,253)        
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 40,791        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,470,639)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,357,280        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,389,316        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 84,250        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0