← WILLIAMS COMPANIES, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($424.0m) $2.2b ($155.0m) $850.0m $211.0m $1.5b $2.0b $3.2b $2.2b $2.6b
Net Income (Loss) Available to Common Stockholders, Basic ($350.0m) $2.5b ($156.0m) $847.0m $208.0m $1.5b $2.0b $3.2b $2.2b $2.6b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($350.0m) $2.5b $193.0m $714.0m $198.0m $1.6b $2.1b $3.3b $2.3b $2.8b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($424.0m) — — $862.0m $208.0m $1.5b — $3.3b — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($350.0m) — — $729.0m $198.0m $1.6b — $3.4b $2.3b $2.8b
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — ($15.0m) $0 $0 — ($97.0m) $0 $0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 — — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $74.0m $335.0m $348.0m ($136.0m) ($13.0m) $45.0m $68.0m $124.0m $121.0m $150.0m
Depreciation, Depletion and Amortization $1.8b $1.7b $1.7b $1.7b $1.7b $1.8b $2.0b $2.1b $2.2b $2.3b
Amortization of Intangible Assets $356.0m $347.0m $333.0m $324.0m $328.0m — — — — —
Depreciation $1.4b $1.4b $1.4b $1.4b $1.4b $1.5b $1.5b $1.7b $1.8b $2.0b
Deferred Income Tax Expense (Benefit) ($26.0m) ($2.0b) $220.0m $379.0m $108.0m $509.0m $431.0m $981.0m $506.0m $744.0m
Share-based Payment Arrangement, Noncash Expense $73.0m $78.0m $55.0m $57.0m $52.0m $81.0m $73.0m $77.0m $99.0m $93.0m
Equity Method Investment, Other than Temporary Impairment $430.0m $0 $32.0m $186.0m $1.0b $0 $0 — — —
Goodwill, Impairment Loss $0 $0 — — $187.0m $0 $0 — — —
Equity Method Investment, Realized Gain (Loss) on Disposal — $269.0m $0 $122.0m $0 $0 — — $149.0m $0
Gain (Loss) on Disposition of Assets — $1.1b $692.0m ($2.0m) $0 — — — — —
Gain (Loss) on Disposition of Business — $1.1b — — — — — $129.0m $0 $0
Income (Loss) from Equity Method Investments $397.0m $434.0m $396.0m $375.0m $328.0m $608.0m $637.0m $589.0m $560.0m $760.0m
Income Tax Expense (Benefit) ($25.0m) ($2.0b) $138.0m $335.0m $79.0m $511.0m $425.0m $1.0b $640.0m $857.0m
Interest Expense Nonoperating — — — — — — — — $1.4b $1.4b
Other Nonoperating Income (Expense) $74.0m ($2.0m) $92.0m $33.0m ($43.0m) $6.0m $18.0m $99.0m $108.0m $69.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories $25.0m ($8.0m) $16.0m ($5.0m) $11.0m $124.0m $110.0m ($13.0m) $9.0m $45.0m
Increase (Decrease) in Accounts Payable $25.0m $118.0m ($93.0m) ($46.0m) ($7.0m) $643.0m $410.0m ($1.0b) $139.0m $115.0m
Asset Retirement Obligation, Accretion Expense $69.0m $141.0m $71.0m $59.0m $65.0m $73.0m $85.0m $97.0m $118.0m $133.0m
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount — — $203.0m ($29.0m) $0 $0 — — — —
Gain (Loss) Related to Litigation Settlement — — — — — — — $534.0m $0 $0
General and Administrative Expense — — — — — — — — — $721.0m
Goodwill — — — $188.0m — — — $463.0m $466.0m $466.0m
Insured Event, Gain (Loss) $7.0m $9.0m — — — — — — — —
Inventory Write-down — — — — — — $161.0m $30.0m $10.0m $8.0m
Investment Income, Interest — — — — — — — $79.0m $67.0m $40.0m
Operating Costs and Expenses $1.6b $1.6b $1.5b $1.5b $1.3b $1.5b $1.8b $2.0b $2.2b $2.3b
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $2.0m ($6.0m) ($8.0m) — — — — — — —
Other Operating Income (Expense), Net ($142.0m) ($80.0m) ($67.0m) ($8.0m) ($22.0m) ($14.0m) ($28.0m) $30.0m $60.0m $7.0m
Net Cash Provided by (Used in) Operating Activities $3.7b $2.6b $3.3b $3.7b $3.5b $3.9b $4.9b $5.9b $5.0b $5.9b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.1b $2.4b $3.3b $2.1b $1.2b $1.2b $2.3b $2.5b $2.6b $4.9b
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $0 $728.0m $0 $151.0m $933.0m $1.6b $2.2b $1.0m
Payments for (Proceeds from) Other Investing Activities ($290.0m) $17.0m $37.0m $32.0m ($5.0m) $5.0m $5.0m ($39.0m) ($12.0m) ($22.0m)
Net Cash Provided by (Used in) Investing Activities ($416.0m) $633.0m ($2.7b) ($2.8b) ($1.6b) ($1.5b) ($3.4b) ($3.9b) ($4.9b) ($5.5b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $6.5b $3.3b $3.9b $767.0m $3.9b $2.2b $1.8b $2.8b $3.6b $4.9b
Repayments of Long-term Debt $7.1b $5.9b $3.2b $909.0m $3.8b $894.0m $2.9b $634.0m $2.9b $2.8b
Proceeds from Issuance of Common Stock $9.0m $2.1b $15.0m $10.0m $9.0m $9.0m $54.0m $6.0m $10.0m $9.0m
Payments for Repurchase of Common Stock — — — — — — — $130.0m $0 $0
Payments of Ordinary Dividends, Common Stock $1.3b $992.0m $1.4b $1.8b $1.9b $2.0b $2.1b $2.2b $2.3b $2.4b
Proceeds from Noncontrolling Interests $29.0m $17.0m $15.0m $36.0m $7.0m $9.0m $18.0m $18.0m $36.0m $36.0m
Proceeds from (Payments for) Other Financing Activities $0 ($92.0m) ($46.0m) ($13.0m) ($13.0m) ($16.0m) ($46.0m) ($21.0m) ($36.0m) ($63.0m)
Net Cash Provided by (Used in) Financing Activities ($3.2b) ($2.5b) ($1.3b) ($745.0m) ($2.1b) ($942.0m) ($3.0b) ($49.0m) ($2.2b) ($406.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($731.0m) $121.0m ($147.0m) $1.5b ($1.5b) $2.0b ($2.1b) $3.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($731.0m) $121.0m ($147.0m) $1.5b $152.0m $2.1b $60.0m $63.0m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.2b $1.1b $1.1b $1.2b $1.1b $1.1b $1.1b $1.2b ($242.0m) ($259.0m)
Income Taxes Paid, Net $5.0m $28.0m $11.0m — — — — — — —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.