Williams partners l.p. (WPZ)
Income statement / Yearly
Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Service revenues

2,914

2,714

2,518

2,346

-

-

Product sales

3,921

4,757

5,398

4,113

-

-

Total revenues

6,835

7,471

7,916

6,459

4,602

5,847

Costs and expenses:
Product costs

3,027

3,501

3,934

-

-

-

Product costs

-

-

-

3,223

-

-

Operating and maintenance expenses

1,080

1,019

982

837

-

-

Depreciation and amortization expenses

791

734

637

-

-

-

Depreciation and amortization expenses

-

-

-

578

-

-

Costs and operating expenses

-

-

-

-

3,100

4,206

Selling, general, and administrative expenses

519

583

431

408

300

282

Other (income) expense - net

-11

-24

-18

14

34

-

Total costs and expenses

5,428

5,861

6,002

5,032

-

-

Segment cost and expenses

-

-

-

-

3,366

-

Other (income) expense - net

-

-

-

-

-

-10

Segment costs and expenses

-

-

-

-

-

4,498

General corporate expenses

-

-

-

-

109

-

General corporate expenses

-

-

-

-

-

95

Operating income

1,407

1,610

1,914

1,427

1,127

1,254

Equity earnings (losses)

104

111

142

109

81

76

Interest incurred

477

458

439

393

-

-

Interest capitalized

90

54

24

29

-

-

Interest accrued

-

-

-

-

-

-217

Interest accrued - affiliate

-

-

-

-

-

-35

Interest capitalized

-

-

-

-

-

-43

Interest capitalized

-

-

-

-

58

-

Interest income

-

-

-

4

-

-

Interest Income

-

-

-

-

-

2

Interest Income - affiliate

-

-

-

-

-

23

Other income (expense) - net

25

16

9

12

9

10

Income before Income Taxes

1,149

1,333

1,650

-

-

-

Income before income taxes

-

-

-

-

-

1,156

Provision (benefit) for income taxes

30

42

46

-

-

-952

Net income

1,119

1,291

1,604

1,188

1,036

2,108

Less: Net income attributable to noncontrolling interests

3

0

0

16

27

25

Net Income (Loss) Attributable to controlling interests

1,116

1,291

1,604

1,172

1,009

2,083

Net Income (Loss) Attributable to controlling interests

1,116

1,291

1,604

1,172

1,009

2,083

Net income

1,119

1,291

1,604

1,188

1,036

2,108

Allocation of net income to general partner

505

646

534

-

-

-

Allocation of net income to general partner and Class C units

-

-

-

604

857

-

Allocation of net income to general partner

-

-

-

-

-

-1,921

Allocation of net income to common units

611

645

1,070

568

152

162

Basic net income per common unit

1.45

1.89

3.69

2.66

-

-

Diluted net income per common unit

1.45

1.89

3.69

2.66

-

-

Basic net income per common unit

-

-

-

-

2

-

Diluted net income per common unit

-

-

-

-

2

-

Basic weighted average number of common units outstanding (thousands)

420

341

290

213

52

-

Diluted weighted average number of common units outstanding (thousands)

420

341

290

213

52

-

Cash distributions per common unit

3.48

3.20

2.96

-

-

-

Cash distributions per common unit

-

-

-

2.72

2.54

-

Other Comprehensive Income (Loss):
Net unrealized gain (loss) from derivative instruments

1

30

-17

-17

-

-

Reclassifications into earnings of net derivative instruments (gain) loss

0

30

-18

-

-

-

Foreign currency translation adjustments

-56

20

-16

-

-

-

Reclassifications into earnings of net derivative instruments (gain) loss

-

-

-

12

-

-

Other comprehensive income (loss)

-55

20

-15

-5

-

-

Comprehensive income

1,064

1,311

1,589

1,183

-

-

Less: Comprehensive income attributable to noncontrolling interests

3

0

0

16

-

-

Comprehensive income attributable to controlling interests

1,061

1,311

1,589

1,167

-

-

Basic and diluted net income per common unit

-

-

-

-

-

3.08

Weighted average number of common units outstanding

-

-

-

-

-

52