Williams companies, inc. (WMB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenues:
Revenues

8,201

8,686

8,031

7,499

7,360

7,637

6,860

7,486

7,930

6,638

5,278

11,851

10,239

Costs and expenses:
Operating and maintenance expenses

1,468

1,507

1,576

1,592

1,659

1,492

1,097

1,027

990

870

3,712

8,739

7,832

Depreciation and amortization expenses

1,714

1,725

1,736

1,763

1,738

1,176

815

756

661

612

-

-

-

Selling, general, and administrative expenses

558

569

594

722

736

661

512

571

477

504

330

498

461

Impairment of goodwill (Note 11)

-

-

-

-

1,098

0

0

-

-

-

-

-

-

Impairment of certain assets (Note 18)

464

1,915

1,248

873

209

-

-

-

-

-

-

-

-

Gain on sale of certain assets and businesses (Note 3)

-2

692

1,095

0

-

-

-

-

-

-

-

-

-

Gain on sale of Geismar Interest (Note 2)

-

-

-

-

0

-

-

-

-

-

-

-

-

Regulatory Charges resulting From Tax Reform (Note 1)

0

-17

674

0

0

-

-

-

-

-

-

-

-

Insurance recoveries Geismar Incident

-

-

-

-

126

232

40

0

-

-

-

-

-

Impairment of certain assets (Note 13)

-

-

-

-

-

52

-

-

-

-

-

-

-

Impairments of goodwill and long-lived assets

-

-

-

-

-

-

-

-

-

-

-

10

-

Other (income) expense – net

-8

-67

-71

-135

-40

97

-74

-24

-1

15

34

-226

-2

Total costs and expenses

6,280

7,918

7,104

6,810

7,133

6,068

5,485

5,874

6,063

5,231

4,008

9,021

8,291

Operating income (loss)

-

-

-

-

-

-

-

-

-

-

-

2,830

-

General corporate expenses

-

-

-

-

-

-

-

-

-

-

164

149

161

Operating income (loss)

1,921

768

927

689

227

1,569

1,375

1,612

1,867

1,407

1,106

2,681

1,787

Equity earnings (losses) (Note 5)

375

396

434

397

335

144

134

111

155

143

-

-

-

Gain on remeasurement of equity-method investment (Note 2)

-

-

-

-

-

2,544

0

0

-

-

-

-

-

Impairment of equity-method investments (Note 11)

-

-

-

430

1,359

0

0

-

-

-

-

-

-

Other investing income (loss) – net

-79

187

282

63

27

43

81

77

13

45

-

-

-

Interest incurred

1,218

1,160

1,116

1,217

1,118

888

611

568

598

628

656

-

-

Interest capitalized

32

48

33

38

74

141

101

59

25

36

61

59

32

Early debt retirement costs

-

-

-

-

-

-

-

-

-271

-606

-1

1

-19

Interest accrued

-

-

-

-

-

-

-

-

-

-

-

636

-664

Investing Income - net

-

-

-

-

-

-

-

-

-

-

38

189

252

Other income (expense) – net

33

92

-25

85

101

31

0

-2

11

-12

2

-

12

Income (loss) before income taxes

1,064

331

535

-375

-1,713

3,584

1,080

1,289

1,202

385

550

2,292

1,400

Provision (benefit) for income taxes

335

138

-1,974

-25

-399

1,249

401

360

124

114

204

733

490

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

729

193

2,509

-

-

2,335

679

929

1,078

271

346

1,559

910

Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-15

0

0

-

-

4

-11

136

-417

-1,193

15

33

170

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

714

193

2,509

-350

-1,314

2,339

668

1,065

661

-922

361

1,592

1,080

Less: Net income (loss) attributable to noncontrolling interests

-136

348

335

74

-743

225

238

206

285

175

76

174

90

Preferred stock dividends

3

1

0

0

-

-

-

-

-

-

-

-

-

Net income (loss) available to common stockholders

847

-156

2,174

-424

-

-

-

-

-

-

-

-

-

Amounts attributable to The Williams Companies, Inc.:
Income (loss) from continuing operations available to common stockholders

862

-156

2,174

-

-

2,110

441

723

803

104

206

1,398

829

Income (loss) from discontinued operations

-

-

-

-

-

4

-11

136

-427

-1,201

79

20

161

Net income (loss) attributable to The Williams Companies, Inc.

850

-155

2,174

-424

-571

2,114

430

859

376

-1,097

285

1,418

990

Basic earnings (loss) per common share:
Net income (loss)

0.70

-0.16

2.63

-0.57

-0.76

2.94

0.63

1.39

0.64

-1.88

0.49

2.44

1.66

Basic

0.71

-0.16

2.63

-

-

2.93

0.65

1.17

1.36

0.17

0.35

2.41

1.39

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share

-0.01

0.00

0.00

-

-

0.01

-0.02

0.22

-0.72

-2.05

0.14

0.03

0.27

Weighted-average shares (thousands)

1,212

973

826

750

749

719

682

619

588

584

581

581

596

Diluted earnings (loss) per common share:
Net income (loss)

0.70

-0.16

2.62

-0.57

-0.76

2.92

0.62

1.37

0.63

-1.86

0.49

2.40

1.63

Diluted

0.71

-0.16

2.62

-

-

2.91

0.64

1.15

1.34

0.17

0.35

2.37

1.37

Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share

-0.01

0.00

0.00

-

-

0.01

-0.02

0.22

-0.71

-2.03

0.14

0.03

0.26

Weighted-average shares (thousands)

1,214

973

828

750

749

723

687

625

598

590

585

592

609

Service [Member]
Revenues

5,933

5,502

5,312

5,171

5,164

4,116

2,939

2,729

2,532

2,359

-

-

-

NonRegulated Service Commodity Consideration [Member]
Revenues

203

400

0

0

-

-

-

-

-

-

-

-

-

Product [Member]
Revenues

2,065

2,784

2,719

2,328

2,196

3,521

3,921

4,757

5,398

4,279

-

-

-

Oil and Gas, Purchased [Member]
Product costs

1,961

2,707

2,300

1,725

1,779

3,016

3,027

3,496

3,934

3,260

-

-

-

Natural Gas Purchased For Shrink [Member]
Product costs

105

137

0

0

-

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense) [Member]
Regulatory Charges resulting From Tax Reform (Note 1)

-

-17

-

-

-

-

-

-

-

-

-

-

-