ONEOK, Inc. OKE Income Statement

Oneok, inc. (OKE)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
Revenues
9,521	10,164	10,637	11,768	12,271	12,593	13,248	12,761	12,526	12,173	11,036	10,487	9,896	8,920	8,197	7,738	7,732	7,763	8,677	9,898	10,837	12,195	12,799	12,815	12,517	11,871	9,633	9,527	9,287	10,184	9,562	10,063	10,978	11,324	13,739	13,153	12,515	12,678	13,097	12,519	11,939	10,805	11,621	13,429	0	0	0
Cost of sales and fuel (exclusive of items shown separately below)
6,108	6,788	7,314	8,461	9,011	9,422	10,178	9,847	9,762	9,538	8,485	8,007	7,444	6,496	5,807	5,417	5,492	5,641	6,589	7,811	8,779	10,088	10,815	10,943	10,728	10,222	8,528	8,292	7,916	8,540	7,917	8,439	9,385	9,745	11,525	11,019	10,442	10,616	11,006	10,427	9,874	8,807	9,730	11,569	0	0	0
Operations and maintenance
831	863	846	833	829	803	781	754	743	724	702	688	665	658	652	633	606	605	607	614	626	599	565	528	484	479	181	270	366	437	455	434	428	428	773	772	753	740	746	742	748	729	706	697	0	0	0
Net margin
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1,105	1,235	1,371	1,643	1,644	1,623	1,593	1,579	2,214	2,133	2,072	2,062	2,091	2,091	2,065	1,997	1,890	1,859	0	0	0
Depreciation and amortization
494	476	461	447	438	428	421	416	411	406	401	398	396	391	385	375	363	354	341	328	313	294	277	264	251	239	131	151	177	205	194	189	183	179	310	312	308	307	303	298	294	288	275	263	0	0	0
Impairment charges (Note A)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets (Note D)
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
General taxes
117	119	113	111	108	103	103	104	100	98	100	94	94	88	85	84	84	87	81	83	78	75	71	66	65	62	23	32	42	54	53	52	51	49	99	96	95	90	93	98	98	100	99	91	0	0	0
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	326	444	575	697	714	686	673	656	1,183	1,181	1,157	1,138	1,143	1,139	1,142	1,119	1,081	1,052	0	0	0
Gain on sale of assets
-2	-2	-2	-2	0	0	0	0	1	0	1	6	5	9	15	9	9	5	4	6	6	6	13	11	11	11	6	6	6	6	0	0	-0	-0	2	18	18	18	16	-0	3	4	4	5	0	0	0
Operating income (loss)
1,362	1,914	1,898	1,912	1,884	1,835	1,764	1,623	1,494	1,391	1,330	1,305	1,301	1,295	1,198	1,153	1,111	996	1,060	1,067	1,045	1,143	1,082	1,022	1,000	880	785	796	802	953	931	937	919	922	1,033	971	933	942	964	951	927	882	813	812	0	0	0
Equity in net earnings from investments (Note I)
155	154	157	159	161	158	156	157	159	159	158	153	146	139	132	129	127	125	203	119	114	117	37	117	118	110	110	111	114	123	125	129	129	127	124	121	112	101	88	79	72	72	84	82	0	0	0
Impairment of equity investments (Note A)
0	-	-	-	0	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for equity funds used during construction
67	64	49	36	20	7	3	1	0	0	0	0	0	0	0	0	1	2	2	4	4	14	23	28	32	30	28	25	21	13	6	4	2	2	1	1	1	1	1	8	18	26	41	45	0	0	0
Other income
26	27	14	13	9	0	11	9	11	15	8	9	10	6	6	2	-2	0	4	4	7	5	10	14	13	18	5	6	4	8	13	8	8	2	5	11	11	11	11	13	20	19	31	23	0	0	0
Other expense
18	18	17	15	15	14	15	15	35	35	43	40	16	14	-3	3	4	4	10	5	4	29	40	39	38	13	-2	-2	1	2	-0	11	7	7	16	5	12	11	19	17	11	14	17	16	0	0	0
Interest expense (net of capitalized interest of $30,875 and $19,192, respectively)
516	491	480	473	469	469	475	479	484	485	475	467	467	469	466	454	438	416	392	371	358	356	343	323	301	270	215	220	226	237	230	232	236	240	298	295	295	292	299	301	299	300	285	153	0	0	0
Income (loss) before income taxes
1,038	1,650	1,622	1,632	1,591	1,517	1,444	1,291	1,141	1,040	974	960	973	957	694	647	614	521	792	741	733	819	769	819	825	755	717	721	714	858	848	836	817	806	850	805	752	753	747	733	727	686	668	675	0	0	0
Income tax expense (benefit)
239	372	370	376	365	362	517	511	468	447	250	208	217	212	170	153	149	136	179	179	173	151	134	141	142	166	150	148	145	180	164	155	151	161	209	205	200	213	217	221	220	203	167	103	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	745	524	494	465	385	612	562	559	668	634	678	683	589	566	573	568	677	684	680	666	644	0	0	0	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-3	-6	-6	-6	-3	0	-7	-5	10	0	-65	-12	22	32	106	52	114	114	114	114	0	0	0	-	-	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations, net of tax (Note B)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	13	13	13	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income (loss)
799	1,278	1,251	1,255	1,226	1,155	926	779	673	593	723	750	754	743	520	487	458	379	608	562	552	663	645	679	617	576	588	606	675	743	812	808	793	759	642	602	553	541	537	519	514	491	500	511	0	0	0
Less: Net income attributable to noncontrolling interests
-	-	0	0	-	3	5	5	108	205	307	409	398	391	233	210	190	134	294	266	270	349	335	370	370	310	301	315	325	382	448	449	440	399	314	278	243	206	192	181	176	185	230	247	0	0	0
Less: Preferred stock dividends
1	1	1	1	1	1	1	1	1	0	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) available to common shareholders
798	1,277	1,250	1,254	1,223	1,150	920	773	563	387	416	336	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	354	290	284	274	251	317	295	288	319	299	307	313	278	265	257	243	294	236	231	225	245	0	0	0	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-3	-6	-6	-6	-3	0	-7	-5	10	0	-65	-12	22	32	106	65	127	127	127	114	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income attributable to ONEOK
-	-	1,251	1,255	-	1,151	921	774	564	387	415	341	355	352	287	277	267	244	314	296	281	314	310	308	247	266	287	290	350	360	364	359	353	360	328	323	310	334	345	337	337	305	270	263	0	0	0
Basic earnings per common share:
Income (Loss) from Continuing Operations, Per Basic Share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.43	0.44	0.41	0.40	0.13	0.41	0.36	0.29	0.45	0.31	0.33	0.44	0.36	0.35	0.36	0.28	0.30	0.32	0.29	0.52	-0.59	0.29	0.26	1.21	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	0.00	0.00	0.00	0.00	-0.02	0.00	0.00	0.00	0.00	-0.04	0.01	0.08	-0.05	-0.36	0.27	0.25	0.00	0.00	0.07	0.54	0.00	0.00	0.01	-	-	-	-	-	-	-	-	-	-
Basic earnings (loss) per common share (Note G)
-0.34	0.77	0.75	0.75	0.82	0.71	0.76	0.68	0.65	0.12	0.43	0.34	0.41	0.42	0.44	0.41	0.40	0.13	0.39	0.36	0.29	0.45	0.31	0.29	0.45	0.44	0.30	0.00	0.55	0.55	0.32	0.29	0.59	-0.05	0.29	0.26	1.22	-0.80	0.52	0.39	1.46	0.88	0.46	0.40	1.16	0.56	0.40
Diluted earnings per common share:
Income (Loss) from Continuing Operations, Per Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	0.42	0.44	0.41	0.40	0.13	0.41	0.36	0.29	0.44	0.31	0.33	0.44	0.35	0.35	0.36	0.27	0.29	0.31	0.29	0.51	-0.57	0.29	0.25	1.18	-	-	-	-	-	-	-	-	-	-
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0.01	-0.01	-0.01	0.00	-0.01	-0.02	0.00	0.00	0.00	0.00	-0.04	0.01	0.08	-0.05	-0.36	0.27	0.24	0.00	0.00	0.07	0.53	-0.01	0.00	0.01	-	-	-	-	-	-	-	-	-	-
Diluted earnings (loss) per common share (Note G)
-0.34	0.77	0.74	0.75	0.81	0.71	0.75	0.68	0.64	0.12	0.43	0.33	0.41	0.43	0.43	0.40	0.40	0.12	0.39	0.36	0.29	0.44	0.31	0.29	0.45	0.43	0.30	0.00	0.54	0.53	0.31	0.29	0.58	-0.04	0.28	0.25	1.19	-0.79	0.51	0.39	1.44	0.87	0.45	0.39	1.16	0.55	0.39
Average shares (thousands)
Average shares (thousands)
Basic
414	413	413	413	412	412	412	411	409	385	380	211	211	211	211	211	210	210	210	210	209	209	209	209	209	206	206	206	205	204	205	207	207	630	206	0	0	850	0	0	0	-210	0	105	105	104	104
Diluted
415	415	415	415	415	415	414	414	412	388	383	214	213	212	212	212	211	210	210	210	210	210	210	210	210	210	209	208	209	209	209	211	211	645	211	0	0	861	0	0	0	-211	0	105	105	105	106
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	0.74	0.61	0.61	-	0.61	0.61	0.61	0.61	0.60	0.60	0.60	0.59	0.57	0.56	0.40	0.38	0.38	0.36	0.36	0.30	0.33	0.33	0.30	0.02	0.28	0.26	0.52	-0.43	0.46	0.44	0.44	0.42	0.42	0.40	0.40	0.40	0.38
Commodity Sales
Revenues
8,251	8,916	9,384	10,520	11,048	11,395	11,741	10,980	10,465	9,862	8,801	8,319	7,791	6,858	6,213	5,857	5,946	6,098	7,090	8,361	9,353	10,724	11,371	11,424	11,157	10,549	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services
Revenues
1,269	1,248	1,253	1,247	1,222	1,197	1,507	1,780	2,060	2,311	2,234	2,168	2,104	2,062	1,984	1,881	1,786	1,664	1,586	1,537	1,483	1,470	1,427	1,390	1,360	1,322	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-