WILLIAMS COMPANIES, INC. (WMB) FY2024 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-09-30

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WILLIAMS COMPANIES, INC. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $1,829,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $1,654,000,000.00Distributions from equity-method investees → Operating adjustments reconciliation: $580,000,000.00Provision (benefit) for deferred income taxes → Operating adjustments reconciliation: $467,000,000.00Accounts receivable → Operating adjustments reconciliation: $367,000,000.00Net unrealized (gain) loss from commodity derivative instruments → Operating adjustments reconciliation: $210,000,000.00Amortization of stock-based awards → Operating adjustments reconciliation: $69,000,000.00Inventory write-downs → Operating adjustments reconciliation: $8,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,927,000,000.00Operating adjustments reconciliation → Equity (earnings) losses: $431,000,000.00Operating adjustments reconciliation → Accounts payable: $317,000,000.00Operating adjustments reconciliation → Other, including changes in noncurrent assets and liabilities: $200,000,000.00Operating adjustments reconciliation → Gain on disposition of equity-method investments (Note 3): $149,000,000.00Operating adjustments reconciliation → Gain on consolidation of equity-method investments (Note 3): $127,000,000.00Operating adjustments reconciliation → Accrued and other current liabilities: $108,000,000.00Operating adjustments reconciliation → Changes in current and noncurrent commodity derivative assets and liabilities: $74,000,000.00Operating adjustments reconciliation → Other current assets and deferred charges: $16,000,000.00Operating adjustments reconciliation → Inventories: $6,000,000.00Proceeds from dispositions of equity-method investments (Note 3) → investing reconciliation: $161,000,000.00Other – net → investing reconciliation: $20,000,000.00investing reconciliation → Purchases of businesses, net of cash acquired (Note 3): $1,995,000,000.00investing reconciliation → Capital expenditures (1): $1,805,000,000.00investing reconciliation → Purchases of and contributions to equity-method investments: $101,000,000.00investing reconciliation → Dispositions – net: $73,000,000.00Net cash used in financing activities → financing reconciliation: $1,351,000,000.00Proceeds from long-term debt → financing reconciliation: $3,594,000,000.00Contributions from noncontrolling interests → financing reconciliation: $36,000,000.00Proceeds from issuance of common stock → financing reconciliation: $8,000,000.00financing reconciliation → Payments of long-term debt: $2,286,000,000.00financing reconciliation → Common dividends paid: $1,737,000,000.00financing reconciliation → Proceeds from (payments of) commercial paper – net: $723,000,000.00financing reconciliation → Dividends and distributions paid to noncontrolling interests: $178,000,000.00financing reconciliation → Other – net: $34,000,000.00financing reconciliation → Payments for debt issuance costs: $31,000,000.00Net cash used in investing activities → investing reconciliation: $3,793,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,150,000,000.00Net cash from operating activities → Cash sources and uses: $3,756,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $762,000,000.00Cash sources and uses → Net cash used in investing activities: $3,793,000,000.00Cash sources and uses → Net cash used in financing activities: $1,351,000,000.00Net income (loss): $1,829,000,000.00Net income (loss)+$1.83 BDepreciation and amortization: $1,654,000,000.00Depreciation & amortization+$1.65 BProvision (benefit) for deferred income taxes: $467,000,000.00Deferred income taxes+$467.00 MEquity (earnings) losses: -$431,000,000.00Equity-method results−$431.00 MDistributions from equity-method investees: $580,000,000.00Equity-method distributions+$580.00 MNet unrealized (gain) loss from commodity derivative instruments: $210,000,000.00Derivative value change+$210.00 MGain on sale of business (Note 3): $0.00Gain on disposition of equity-method investments (Note 3): -$149,000,000.00Equity-method sale gain & loss−$149.00 MGain on consolidation of equity-method investments (Note 3): -$127,000,000.00Remeasurement gain−$127.00 MInventory write-downs: $8,000,000.00Inventory write-downs+$8.00 MAmortization of stock-based awards: $69,000,000.00Stock-based compensation+$69.00 MAccounts receivable: $367,000,000.00Accounts & notes receivable+$367.00 MInventories: -$6,000,000.00Inventories−$6.00 MOther current assets and deferred charges: -$16,000,000.00Other current assets−$16.00 MAccounts payable: -$317,000,000.00Accounts payable−$317.00 MAccrued and other current liabilities: -$108,000,000.00Accrued liabilities−$108.00 MChanges in current and noncurrent commodity derivative assets and liabilities: -$74,000,000.00Derivative balances, net−$74.00 MOther, including changes in noncurrent assets and liabilities: -$200,000,000.00Other operating, net−$200.00 MNet cash from operating activities: $3,756,000,000.00Operating cash+$3.76 BOperating adjustments reconciliation: $3,355,000,000.00Proceeds from (payments of) commercial paper – net: -$723,000,000.00Commercial paper, net−$723.00 MProceeds from long-term debt: $3,594,000,000.00Long-term debt issued+$3.59 BPayments of long-term debt: -$2,286,000,000.00Long-term debt repaid−$2.29 BPayments for debt issuance costs: -$31,000,000.00Debt issuance costs−$31.00 MProceeds from issuance of common stock: $8,000,000.00Common stock issued+$8.00 MPurchases of treasury stock: $0.00Common dividends paid: -$1,737,000,000.00Common dividends paid−$1.74 BDividends and distributions paid to noncontrolling interests: -$178,000,000.00Noncontrolling dividends−$178.00 MContributions from noncontrolling interests: $36,000,000.00From noncontrolling interests+$36.00 MOther – net: -$34,000,000.00Other financing, net−$34.00 MNet cash used in financing activities: -$1,351,000,000.00. Cash required to fund net payments.Financing cash−$1.35 Bfinancing reconciliation: $4,989,000,000.00Capital expenditures (1): -$1,805,000,000.00PP&E purchases−$1.81 BDispositions – net: -$73,000,000.00Dispositions – net−$73.00 MProceeds from sale of business (Note 3): $0.00Purchases of businesses, net of cash acquired (Note 3): -$1,995,000,000.00Acquisitions, net of cash−$2.00 BProceeds from dispositions of equity-method investments (Note 3): $161,000,000.00Equity-method investment sales+$161.00 MPurchases of and contributions to equity-method investments: -$101,000,000.00Equity-method investments made−$101.00 MOther – net: $20,000,000.00Other investing, net+$20.00 MNet cash used in investing activities: -$3,793,000,000.00. Cash required to fund net payments.Investing cash−$3.79 Binvesting reconciliation: $3,974,000,000.00Cash sources and uses: $5,906,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,150,000,000.00Beginning cash$2.15 BEnding cash: Cash, cash equivalents, and restricted cash: $762,000,000.00Ending cash$762.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$1.95 BOperating cash − cash spent on PP&ECash flow / Net income2.05×Operating cash flow ÷ net incomeNet cash change−$1.39 BEnding cash − beginning cash
Chart details

WILLIAMS COMPANIES, INC. cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
2,150,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,756,000,000 US dollars. Net cash provided.
Net income (loss)
1,829,000,000 US dollars
Depreciation and amortization
1,654,000,000 US dollars
Provision (benefit) for deferred income taxes
467,000,000 US dollars
Equity (earnings) losses
negative 431,000,000 US dollars
Distributions from equity-method investees
580,000,000 US dollars
Net unrealized (gain) loss from commodity derivative instruments
210,000,000 US dollars
Gain on sale of business (Note 3)
0 US dollars
Gain on disposition of equity-method investments (Note 3)
negative 149,000,000 US dollars
Gain on consolidation of equity-method investments (Note 3)
negative 127,000,000 US dollars
Inventory write-downs
8,000,000 US dollars
Amortization of stock-based awards
69,000,000 US dollars
Accounts receivable
367,000,000 US dollars
Inventories
negative 6,000,000 US dollars
Other current assets and deferred charges
negative 16,000,000 US dollars
Accounts payable
negative 317,000,000 US dollars
Accrued and other current liabilities
negative 108,000,000 US dollars
Changes in current and noncurrent commodity derivative assets and liabilities
negative 74,000,000 US dollars
Other, including changes in noncurrent assets and liabilities
negative 200,000,000 US dollars
Investing activities
negative 3,793,000,000 US dollars. Net cash used.
Capital expenditures (1)
negative 1,805,000,000 US dollars
Dispositions – net
negative 73,000,000 US dollars
Proceeds from sale of business (Note 3)
0 US dollars
Purchases of businesses, net of cash acquired (Note 3)
negative 1,995,000,000 US dollars
Proceeds from dispositions of equity-method investments (Note 3)
161,000,000 US dollars
Purchases of and contributions to equity-method investments
negative 101,000,000 US dollars
Other – net
20,000,000 US dollars
Financing activities
negative 1,351,000,000 US dollars. Net cash used.
Proceeds from (payments of) commercial paper – net
negative 723,000,000 US dollars
Proceeds from long-term debt
3,594,000,000 US dollars
Payments of long-term debt
negative 2,286,000,000 US dollars
Payments for debt issuance costs
negative 31,000,000 US dollars
Proceeds from issuance of common stock
8,000,000 US dollars
Purchases of treasury stock
0 US dollars
Common dividends paid
negative 1,737,000,000 US dollars
Dividends and distributions paid to noncontrolling interests
negative 178,000,000 US dollars
Contributions from noncontrolling interests
36,000,000 US dollars
Other – net
negative 34,000,000 US dollars
Operating adjustment reconciliation
3,355,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
4,989,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
3,974,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Sep 30, 2024
762,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
5,906,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 1,388,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.05×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
3,756,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,805,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,951,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.93B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 3,756,000,000 US dollars minus 1,805,000,000 US dollars equals 1,951,000,000 US dollars.
WILLIAMS COMPANIES, INC. (WMB) FY2024 YTD Q3 Statement of Cash Flows Sankey chart
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