# WILLIAMS COMPANIES, INC. (WMB) FY2024 Q3 P&L / Income Statement - Company: WILLIAMS COMPANIES, INC. (WMB) - Period: 2024-07-01 to 2024-09-30 - Filing: Q3 FY2024 10-Q, filed 2024-11-06, accession number 0000107263-24-000095 - Page: https://plicit.ai/financials/wmb/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/wmb-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Status of Gain 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. ## Chart details: Revenue by Subsegment - Page: https://plicit.ai/financials/wmb/fy2024-q3-income-statement/revenue-by-subsegment - Chart image: https://plicit.ai/charts/wmb-fy2024-q3-revenue-by-subsegment-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Subsegments. 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 - **Regulated Interstate Transportation & Storage**: 916,000,000 US dollars - **Gulf of Mexico Midstream and Storage**: 256,000,000 US dollars - **Northeast Midstream**: 502,000,000 US dollars - **West Midstream**: 663,000,000 US dollars - **Gas & NGL Marketing Services**: 482,000,000 US dollars - **Other**: 103,000,000 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)**: 2,922,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Intersegment Eliminations**: negative 269,000,000 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. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/wmb/fy2024-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/wmb-fy2024-q3-revenue-by-business-segment-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Business segment. 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 - **Transmission And Gulf Of Mexico**: 1,170,000,000 US dollars - **Northeast G And P**: 502,000,000 US dollars - **West**: 663,000,000 US dollars - **Gas & NGL Marketing Services**: 482,000,000 US dollars - **Other**: 103,000,000 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)**: 2,920,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Intersegment Eliminations**: negative 267,000,000 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. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/wmb/fy2024-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/wmb-fy2024-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Segments by Product and Service. 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 - **Other - Product**: 33,000,000 US dollars - **Other - Service**: 4,000,000 US dollars - **Gas & NGL Marketing Services - Product**: 585,000,000 US dollars - **Gas & NGL Marketing Services - Service**: 0 US dollars - **Northeast G And P - Product**: 8,000,000 US dollars - **Northeast G And P - Service**: 473,000,000 US dollars - **Transmission And Gulf Of Mexico - Product**: 30,000,000 US dollars - **Transmission And Gulf Of Mexico - Service**: 1,049,000,000 US dollars - **West - Product**: 47,000,000 US dollars - **West - Service**: 385,000,000 US dollars - **Undisclosed (calculated)**: 39,000,000 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 - **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. - Of which attributable to WILLIAMS COMPANIES, INC.: $706.00 M; to noncontrolling interests: $35.00 M. ## Chart details: Revenue by Product and Service - Page: https://plicit.ai/financials/wmb/fy2024-q3-income-statement/revenue-by-product-and-service - Chart image: https://plicit.ai/charts/wmb-fy2024-q3-revenue-by-product-and-service-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Product and service. 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 - **Service**: 1,911,000,000 US dollars - **NonRegulated Service Commodity Consideration**: 34,000,000 US dollars - **Product**: 703,000,000 US dollars - **Energy Commodities and Service**: 5,000,000 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 - **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. - Of which attributable to WILLIAMS COMPANIES, INC.: $706.00 M; to noncontrolling interests: $35.00 M.