Williams Companies Inc. (The) (WMB) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
ONE WILLIAMS CTR TULSA, OK 74172 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4922 - Natural Gas Transmission (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Receivables | 1,563 | 1,781 | 1,863 | 1,310 | 1,398 | 1,355 | |||
| Inventory, net of allowances, customer advances and progress billings | 335 | 249 | 279 | 275 | 274 | 239 | |||
| Inventory | 335 | 249 | 279 | 275 | 274 | 239 | |||
| Derivative instruments and hedges, assets | 202 | 181 | 267 | 143 | 218 | 173 | |||
| Other current assets | 218 | 224 | 192 | 208 | 170 | 176 | |||
| Other undisclosed current assets | 903 | 100 | 60 | 762 | 55 | 667 | |||
| Total current assets: | 3,221 | 2,535 | 2,661 | 2,698 | 2,115 | 2,610 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 39,773 | 39,155 | 38,692 | 37,974 | 36,702 | 36,451 | |||
| Intangible assets, net (including goodwill), including: | 7,100 | 7,115 | 7,209 | 7,305 | 7,402 | 7,496 | |||
| Goodwill | 466 | ||||||||
| Intangible assets, net (excluding goodwill) | 6,743 | ||||||||
| Other undisclosed intangible assets, net (including goodwill) | 7,100 | 7,115 | 7,305 | 7,402 | 7,496 | ||||
| Other noncurrent assets | 1,838 | 1,819 | 1,830 | 1,659 | 1,578 | 1,551 | |||
| Other undisclosed noncurrent assets | 4,209 | 4,300 | 4,140 | 4,201 | 4,612 | 4,639 | |||
| Total noncurrent assets: | 52,920 | 52,389 | 51,871 | 51,139 | 50,294 | 50,137 | |||
| TOTAL ASSETS: | 56,141 | 54,924 | 54,532 | 53,837 | 52,409 | 52,747 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,414 | 1,551 | 1,613 | 2,340 | 2,421 | 2,119 | |||
| Accounts payable | 1,414 | 1,551 | 1,613 | 1,137 | 1,192 | 1,042 | |||
| Accrued liabilities | 1,203 | 1,229 | 1,077 | ||||||
| Debt | 2,969 | 3,289 | 2,175 | 2,284 | 2,166 | 2,787 | |||
| Derivative instruments and hedges, liabilities | 108 | 137 | 164 | 95 | 109 | 75 | |||
| Other liabilities | 1,521 | 1,289 | 1,360 | ||||||
| Total current liabilities: | 6,012 | 6,266 | 5,312 | 4,719 | 4,696 | 4,981 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 25,603 | 24,122 | 24,736 | 24,825 | 24,096 | 24,100 | |||
| Other undisclosed long-term debt and lease obligation | 25,603 | 24,122 | 24,736 | 24,825 | 24,096 | 24,100 | |||
| Liabilities, other than long-term debt | 142 | ||||||||
| Operating lease, liability | 142 | ||||||||
| Other undisclosed noncurrent liabilities | 9,721 | 9,671 | 9,502 | 9,428 | 8,871 | 8,736 | |||
| Total noncurrent liabilities: | 35,324 | 33,793 | 34,380 | 34,253 | 32,967 | 32,836 | |||
| Total liabilities: | 41,336 | 40,059 | 39,692 | 38,972 | 37,663 | 37,817 | |||
| Equity | |||||||||
| Equity, attributable to parent | 12,438 | 12,487 | 12,436 | 12,428 | 12,296 | 12,449 | |||
| Preferred stock | 35 | 35 | 35 | 35 | 35 | 35 | |||
| Common stock | 1,260 | 1,260 | 1,258 | 1,258 | 1,258 | 1,258 | |||
| Treasury stock, value | (1,180) | (1,180) | (1,180) | (1,180) | (1,180) | (1,180) | |||
| Additional paid in capital | 24,633 | 24,616 | 24,643 | 24,611 | 24,589 | 24,564 | |||
| Accumulated other comprehensive income | 77 | 76 | 76 | 13 | 10 | ||||
| Accumulated deficit | (12,387) | (12,320) | (12,396) | (12,296) | (12,419) | (12,238) | |||
| Equity, attributable to noncontrolling interest | 2,367 | 2,378 | 2,404 | 2,437 | 2,450 | 2,481 | |||
| Total equity: | 14,805 | 14,865 | 14,840 | 14,865 | 14,746 | 14,930 | |||
| TOTAL LIABILITIES AND EQUITY: | 56,141 | 54,924 | 54,532 | 53,837 | 52,409 | 52,747 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,781 | 3,048 | 2,743 | 2,653 | 2,336 | 2,771 | ||
| Cost of revenue | (1,096) | (1,218) | (1,196) | (1,065) | (954) | (1,062) | ||
| Gross profit: | 1,685 | 1,830 | 1,547 | 1,588 | 1,382 | 1,709 | ||
| Operating expenses | (740) | (736) | (754) | (750) | (686) | (697) | ||
| Other operating income (expense), net | (13) | 10 | (9) | 25 | 27 | 17 | ||
| Other undisclosed operating income (loss) | 13 | (10) | 9 | (25) | (27) | (17) | ||
| Operating income: | 945 | 1,094 | 793 | 838 | 696 | 1,012 | ||
| Nonoperating income | 20 | 22 | 24 | 321 | 51 | 55 | ||
| Investment income, nonoperating | 4 | 8 | 11 | 290 | 18 | 24 | ||
| Other nonoperating income | 16 | 14 | 13 | 31 | 33 | 31 | ||
| Interest and debt expense | (350) | (349) | (338) | (338) | (339) | (349) | ||
| Income from continuing operations before equity method investments, income taxes: | 615 | 767 | 479 | 821 | 408 | 718 | ||
| Income from equity method investments | 142 | 155 | 129 | 147 | 147 | 137 | ||
| Income from continuing operations before income taxes: | 757 | 922 | 608 | 968 | 555 | 855 | ||
| Income tax expense | (174) | (193) | (91) | (227) | (129) | (193) | ||
| Net income: | 583 | 729 | 517 | 741 | 426 | 662 | ||
| Net loss attributable to noncontrolling interest | (37) | (38) | (31) | (35) | (25) | (30) | ||
| Net income attributable to parent: | 546 | 691 | 486 | 706 | 401 | 632 | ||
| Preferred stock dividends and other adjustments | (1) | (1) | (1) | (1) | ||||
| Net income available to common stockholders, diluted: | 546 | 690 | 485 | 705 | 401 | 631 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 583 | 729 | 517 | 741 | 426 | 662 | ||
| Other comprehensive income (loss) | 1 | (13) | 3 | 10 | ||||
| Other undisclosed comprehensive income | 76 | |||||||
| Comprehensive income: | 584 | 729 | 593 | 728 | 429 | 672 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (37) | (38) | (31) | (35) | (25) | (30) | ||
| Comprehensive income, net of tax, attributable to parent: | 547 | 691 | 562 | 693 | 404 | 642 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.