WILLIAMS COMPANIES, INC. (WMB) FY2024 Q3 P&L / Income Statement

WILLIAMS COMPANIES, INC. (WMB) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Product and Service by Status Of Gain (Loss). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

2,653,000,000 US dollars

Cost of revenue (calculated)

524,000,000 US dollars

Gross profit (calculated)

2,129,000,000 US dollars

Operating expenses (calculated)

1,291,000,000 US dollars

Operating income (loss)

838,000,000 US dollars

Other income (expense), net (calculated)

130,000,000 US dollars

Income (loss) before income taxes

968,000,000 US dollars

Less: Provision (benefit) for income taxes

227,000,000 US dollars

Net income (loss)

741,000,000 US dollars

Product

703,000,000 US dollars

Service

1,911,000,000 US dollars

NonRegulated Service Commodity Consideration

34,000,000 US dollars

Energy Commodities and Service - Unrealized Gain (Loss)

12,000,000 US dollars

Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization

524,000,000 US dollars

Operating and maintenance expenses

580,000,000 US dollars

Depreciation and amortization expenses

566,000,000 US dollars

Selling, general, and administrative expenses

170,000,000 US dollars

Gain on sale of business (Note 3)

0 US dollars

Other (income) expense – net

negative 25,000,000 US dollars

Revenue before reconciliation (calculated)

2,660,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Energy Commodities and Service - Realized Gain (Loss)

negative 7,000,000 US dollars. Reported reconciliation to consolidated revenue.

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

0 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to WILLIAMS COMPANIES, INC.: $706.00 M; to noncontrolling interests: $35.00 M.