ONEOK, Inc. OKE Income Statement

Oneok, inc. (OKE)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Revenues
Revenues
10,164	12,593	12,173	8,920	7,763	12,195	11,871	10,184	11,324	12,678	10,805	16,157	13,477
Cost of sales and fuel (exclusive of items shown separately below)
6,788	9,422	9,538	6,496	5,641	10,088	10,222	8,540	9,745	10,616	8,807	14,221	11,667
Operations and maintenance
863	803	724	658	605	599	479	437	428	740	729	694	675
Net margin
-	-	-	-	-	-	-	1,643	1,579	2,062	1,997	1,935	1,810
Depreciation and amortization
476	428	406	391	354	294	239	205	179	307	288	243	227
Impairment of long-lived assets (Note D)
0	0	16	0	83	0	0	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	0	-	-	-
General taxes
119	103	98	88	87	75	62	54	49	90	100	82	85
Total operating expenses
-	-	-	-	-	-	-	697	656	1,138	1,119	1,020	989
Gain on sale of assets
-2	0	0	9	5	6	11	6	-0	18	4	2	1
Operating income (loss)
1,914	1,835	1,391	1,295	996	1,143	880	953	922	942	882	917	822
Equity in net earnings from investments (Note I)
154	158	159	139	125	117	110	123	127	101	72	101	89
Impairment of equity investments (Note A)
0	0	4	0	180	76	0	-	-	-	-	-	-
Allowance for equity funds used during construction
64	7	0	0	2	14	30	13	2	1	26	50	12
Other income
27	0	15	6	0	5	18	8	2	11	19	16	21
Other expense
18	14	35	14	4	29	13	2	7	11	14	27	7
Interest expense (net of capitalized interest of $30,875 and $19,192, respectively)
491	469	485	469	416	356	270	237	240	292	300	264	256
Income (loss) before income taxes
1,650	1,517	1,040	957	521	819	755	858	806	753	686	794	682
Income tax expense (benefit)
372	362	447	212	136	151	166	180	161	213	203	194	184
Income from continuing operations
-	-	-	745	385	668	589	677	644	540	483	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-2	-6	-5	-12	52	114	1	7	-	-
Gain on sale of discontinued operations, net of tax (Note B)
-	-	-	-	-	-	-	13	0	0	-	-	-
Net income (loss)
1,278	1,155	593	743	379	663	576	743	759	541	491	600	498
Less: Net income attributable to noncontrolling interests
0	3	205	391	134	349	310	382	399	206	185	288	193
Less: Preferred stock dividends
1	1	0	0	0	-	-	-	-	-	-	-	-
Net income (loss) available to common shareholders
1,277	1,150	387	352	244	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	354	251	319	278	294	245	333	297	-	-
Income (loss) from discontinued operations
-	-	-	-2	-6	-5	-12	65	114	1	7	-	-
Net income attributable to ONEOK
1,278	1,151	387	352	244	314	266	360	360	334	305	311	304
Basic earnings per common share:
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	1.68	1.19	1.53	1.35	1.43	1.17	1.57	2.83	-	-
Income (loss) from discontinued operations
-	-	-	-0.01	-0.02	-0.03	-0.06	0.32	0.55	0.00	0.07	-	-
Basic earnings (loss) per common share (Note G)
3.09	2.80	1.30	1.67	1.17	1.50	1.29	1.75	1.72	1.57	2.90	2.99	2.84
Diluted earnings per common share:
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	1.67	1.19	1.52	1.33	1.40	1.15	1.55	2.80	-	-
Income (loss) from discontinued operations
-	-	-	-0.01	-0.03	-0.03	-0.06	0.31	0.53	0.00	0.07	-	-
Diluted earnings (loss) per common share (Note G)
3.07	2.78	1.29	1.66	1.16	1.49	1.27	1.71	1.68	1.55	2.87	2.95	2.79
Average shares (thousands)
Average shares (thousands)
Basic
413	411	297	211	210	209	206	206	209	212	0	0	107
Diluted
415	414	299	212	210	210	209	210	214	215	0	0	109
Common Stock, Dividends, Per Share, Declared
-	-	-	-	2.43	2.12	1.48	1.27	1.08	0.91	1.64	1.56	1.40
Commodity Sales
Revenues
8,916	11,395	9,862	6,858	6,098	10,724	10,549	9,010	-	-	-	-	-
Services
Revenues
1,248	1,197	2,311	2,062	1,664	1,470	1,322	1,173	-	-	-	-	-