Williams companies, inc. (WMB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
OPERATING ACTIVITIES:
Net income (loss)

714

193

2,509

-350

-1,314

2,339

668

1,065

661

-922

361

1,592

1,080

Reclassification of deferred net hedge gains related to sale of power business

-

-

-

-

-

-

-

-

-

-

-

-

-429

Depreciation, Depletion and Amortization

1,714

1,725

1,736

1,763

1,738

1,176

815

756

1,614

1,507

1,469

1,310

1,082

Deferred Income Tax Expense (Benefit)

376

220

-2,012

-26

-337

1,264

424

206

-179

-155

249

611

370

Income (Loss) from Equity Method Investments

375

396

434

397

335

-

-

-

-

-

-

-

-

Distributions from unconsolidated affiliates

657

693

784

742

619

-

-

-

-

-

-

-

-

Net (gain) loss on disposition of equity-method investments (Note 5)

122

0

269

27

0

-

-

-

-

-

-

-

-

Impairment of goodwill (Note 11)

-

-

-

-

1,098

0

0

-

-

-

-

-

-

Equity Method Investment, Other than Temporary Impairment

186

32

0

430

1,359

0

0

-

-

-

-

-

-

Gain (Loss) on Disposition of Assets

-2

692

1,095

0

0

-

-

52

1

-

-

-

-

Impairment of and net (gain) loss on sale of Property, plant, and equipment

-

-

-

-

-

-

29

-

-

-

-

-

-

Impairment of certain assets (Note 18)

464

1,915

1,249

918

215

67

-

-

882

1,735

386

166

162

(Gain) loss on deconsolidation of businesses (Note 6)

-29

203

0

0

-

-

-

-

-

-

-

-

-

Net (gain) loss on dispositions of assets

-2

692

1,095

0

0

-

-

-

-

82

-

-

16

Gain on reconsolidation of Wilpro entities (Note 4)

-

-

-

-

-

-

-

144

0

0

-

-

-

Gain on sale of contractual production rights

-

-

-

-

-

-

-

-

-

-

-

148

0

Provision for doubtful accounts and notes

-

-

-

-

-

-

-

-

-

-

48

15

12

Amortization of stock-based awards

57

55

78

73

82

53

37

36

52

48

43

31

70

RegulatoryChargesResultingFromTaxReform

0

-15

776

0

0

-

-

-

-

-

-

-

-

Gain on remeasurement of equity-method investment

-

-

-

-

-

2,544

0

0

-

-

-

-

-

Early debt retirement costs

-

-

-

-

-

-

-

-

-271

-606

-1

1

-19

Cash provided (used) by changes in current assets and liabilities:
Accounts receivable

-34

36

88

-82

-39

276

-35

-27

197

36

-52

-335

-122

Inventories

-5

16

-8

25

-105

36

17

-5

-60

81

-33

48

29

Margin deposits and customer margin deposits payable

-

-

-

-

-

-

-

-

-

-

-4

-88

-135

Other current assets and deferred charges

-21

-17

21

4

-4

44

-25

-29

15

-43

-7

82

-10

Accounts payable

-46

-93

118

35

-88

-8

-35

-110

250

-14

5

-343

26

Accrued liabilities

153

23

-92

512

54

-184

175

0

51

-29

-170

7

-200

Changes in current and noncurrent derivative assets and liabilities

-

-

-

-

-

-

-

-

-

-

-36

121

370

Other, including changes in noncurrent assets and liabilities

-176

-129

-158

429

-125

327

61

17

-10

-31

-48

59

-103

Net cash provided (used) by operating activities

3,693

3,293

3,089

4,155

3,114

2,134

2,217

1,835

3,439

2,651

2,572

3,355

2,237

FINANCING ACTIVITIES:
Proceeds from (payments of) commercial paper – net

-4

-2

-93

-409

-306

572

224

0

0

-

-

-

-

Proceeds from long-term debt

767

3,926

3,333

6,528

9,772

7,321

2,699

3,486

3,172

5,129

595

674

684

Payments of long-term debt

909

3,204

5,925

7,091

6,516

1,828

2,081

1,468

2,055

4,305

33

665

-806

Proceeds from issuance of common stock

10

15

2,131

9

27

3,416

18

2,550

49

12

-

-

56

Proceeds from sale of partial interest in consolidated subsidiary (Note 2)

1,334

0

0

114

59

55

1,819

1,559

0

806

0

362

333

Tax benefit of stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

32

Common dividends paid

1,842

1,386

992

1,261

1,836

1,412

982

742

457

284

256

250

-233

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

474

-526

Dividends and distributions paid to noncontrolling interests

124

591

822

940

942

840

489

349

214

145

129

122

-75

Distributions paid to noncontrolling interests on sale of Wilpro assets (Note 4)

-

-

-

-

-

-

-

38

0

0

-

-

-

Contributions from noncontrolling interests

36

15

17

29

111

340

467

13

0

-

-

-

-

Payments for debt issuance costs

0

26

17

9

35

40

15

17

-

71

7

4

-

Special distribution from Gulfstream

-

-

-

-

396

0

0

-

-

-

-

-

-

Contribution to Gulfstream for repayment of debt

-

-

-

148

248

0

0

-

-

-

-

-

-

Cash of WPX Energy, Inc. at spin-off

-

-

-

-

-

-

-

-

526

0

0

-

-

Premiums paid on early debt retirements

-

-

-

-

-

-

-

-

254

574

0

-

-27

Changes in restricted cash

-

-

-

-

-

-

-

-

-

-

40

-5

-

Changes in cash overdrafts

-

-

-

-

-

-

-

-

-

-

-

-

52

Other – net

-13

-46

-92

-16

-31

-2

17

42

-57

5

-44

52

-1

Net cash provided (used) by financing activities

-745

-1,299

-2,460

-3,194

451

7,582

1,677

5,036

-342

573

166

-432

-511

INVESTING ACTIVITIES:
Capital expenditures (1)

2,109

3,256

2,399

2,051

3,167

4,031

3,572

2,529

2,796

2,788

2,387

3,394

-2,868

Dispositions - net

40

7

41

-30

-3

-

-

-

-

-

-

-

-

Contributions in aid of construction

52

411

426

218

87

-

-

-

-

-

-

-

-

Proceeds from sale of businesses, net of cash divested

-2

1,296

2,067

1,020

0

0

-

-

-

-

-

-

471

Purchases of investments/advances to affiliates

-

-

-

-

-

-

-

-

-

-

142

111

-60

Purchases of businesses, net of cash acquired (Note 2)

728

0

0

-

112

5,958

6

2,049

41

1,099

0

-

-

Proceeds from dispositions of equity-method investments (Note 5)

485

0

200

34

0

34

3

-

-

-

-

-

12

Purchases of and contributions to equity-method investments

453

1,132

132

177

595

482

455

2,651

211

488

-

-

-

Distributions from unconsolidated affiliates in excess of cumulative earnings

-

-

-

-

-

206

-

-

-

-

-

-

-

Proceeds from dispositions of investments

-

-

-

-

-

-

-

79

16

46

-

-

-

Cash of Wilpro entities upon reconsolidation (Note 4)

-

-

-

-

-

-

-

121

0

0

-

-

-

Distribution from Gulfstream Natural Gas System, L.L.C.

-

-

-

-

-

-

-

-

-

-

148

-

0

Purchases of auction rate securities

-

-

-

-

-

-

-

-

-

-

-

-

-304

Purchases of ARO trust investments

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sales of ARO trust investments

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from dispositions of investments and other assets

-

-

-

-

-

-

-

-

-

-

-

-

92

Proceeds from sales of auction rate securities

-

-

-

-

-

-

-

-

-

-

-

-

353

Proceeds from sale of contractual production rights

-

-

-

-

-

-

-

-

-

-

-

148

0

Other – net

32

37

21

-35

-79

-74

22

-108

-29

-33

-71

-174

8

Net cash provided (used) by investing activities

-2,827

-2,725

100

-891

-3,705

-10,157

-4,052

-6,921

-3,003

-4,296

-2,310

-3,183

-2,296

Increase (decrease) in cash and cash equivalents

121

-731

729

70

-140

-441

-158

-50

94

-1,072

428

-260

-570

(1) Increases to property, plant, and equipment

2,023

3,021

2,662

1,912

3,024

3,916

3,653

2,755

2,953

2,755

2,314

-3,475

-2,816

Changes in related accounts payable and accrued liabilities

-86

-235

263

-139

-143

-115

-81

226

157

-33

-73

81

-52