# WILLIAMS COMPANIES, INC. (WMB) FY2024 YTD Q3 P&L / Income Statement - Company: WILLIAMS COMPANIES, INC. (WMB) - Period: 2024-01-01 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-ytd-q3-income-statement - Chart image: https://plicit.ai/charts/wmb-fy2024-ytd-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Status of Gain Income statement for 2024-01-01 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**: 7,760,000,000 US dollars - **Cost of revenue (calculated)**: 1,496,000,000 US dollars - **Gross profit (calculated)**: 6,264,000,000 US dollars - **Operating expenses (calculated)**: 3,718,000,000 US dollars - **Operating income (loss)**: 2,546,000,000 US dollars - **Other income (expense), net (calculated)**: negative 168,000,000 US dollars - **Income (loss) before income taxes**: 2,378,000,000 US dollars - **Less: Provision (benefit) for income taxes**: 549,000,000 US dollars - **Net income (loss)**: 1,829,000,000 US dollars - **Product**: 2,158,000,000 US dollars - **Service**: 5,653,000,000 US dollars - **NonRegulated Service Commodity Consideration**: 82,000,000 US dollars - **Energy Commodities and Service - Realized Gain (Loss)**: 74,000,000 US dollars - **Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization**: 1,496,000,000 US dollars - **Operating and maintenance expenses**: 1,613,000,000 US dollars - **Depreciation and amortization expenses**: 1,654,000,000 US dollars - **Selling, general, and administrative expenses**: 520,000,000 US dollars - **Gain on sale of business (Note 3)**: 0 US dollars - **Other (income) expense – net**: negative 69,000,000 US dollars - **Revenue before reconciliation (calculated)**: 7,967,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Energy Commodities and Service - Unrealized Gain (Loss)**: negative 207,000,000 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.: $1.74 B; to noncontrolling interests: $90.00 M. ## Chart details: Revenue by Subsegment - Page: https://plicit.ai/financials/wmb/fy2024-ytd-q3-income-statement/revenue-by-subsegment - Chart image: https://plicit.ai/charts/wmb-fy2024-ytd-q3-revenue-by-subsegment-sankey.png Income statement for 2024-01-01 through 2024-09-30. View: Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 7,760,000,000 US dollars - **Cost of revenue (calculated)**: 1,496,000,000 US dollars - **Gross profit (calculated)**: 6,264,000,000 US dollars - **Operating expenses (calculated)**: 3,718,000,000 US dollars - **Operating income (loss)**: 2,546,000,000 US dollars - **Other income (expense), net (calculated)**: negative 168,000,000 US dollars - **Income (loss) before income taxes**: 2,378,000,000 US dollars - **Less: Provision (benefit) for income taxes**: 549,000,000 US dollars - **Net income (loss)**: 1,829,000,000 US dollars - **Regulated Interstate Transportation & Storage**: 2,711,000,000 US dollars - **Gulf of Mexico Midstream and Storage**: 650,000,000 US dollars - **Northeast Midstream**: 1,494,000,000 US dollars - **West Midstream**: 1,985,000,000 US dollars - **Gas & NGL Marketing Services**: 1,343,000,000 US dollars - **Other**: 311,000,000 US dollars - **Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization**: 1,496,000,000 US dollars - **Operating and maintenance expenses**: 1,613,000,000 US dollars - **Depreciation and amortization expenses**: 1,654,000,000 US dollars - **Selling, general, and administrative expenses**: 520,000,000 US dollars - **Gain on sale of business (Note 3)**: 0 US dollars - **Other (income) expense – net**: negative 69,000,000 US dollars - **Revenue before reconciliation (calculated)**: 8,494,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Intersegment Eliminations**: negative 734,000,000 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.: $1.74 B; to noncontrolling interests: $90.00 M. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/wmb/fy2024-ytd-q3-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/wmb-fy2024-ytd-q3-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 7,760,000,000 US dollars - **Cost of revenue (calculated)**: 1,496,000,000 US dollars - **Gross profit (calculated)**: 6,264,000,000 US dollars - **Operating expenses (calculated)**: 3,718,000,000 US dollars - **Operating income (loss)**: 2,546,000,000 US dollars - **Other income (expense), net (calculated)**: negative 168,000,000 US dollars - **Income (loss) before income taxes**: 2,378,000,000 US dollars - **Less: Provision (benefit) for income taxes**: 549,000,000 US dollars - **Net income (loss)**: 1,829,000,000 US dollars - **Transmission And Gulf Of Mexico**: 3,357,000,000 US dollars - **Northeast G And P**: 1,494,000,000 US dollars - **West**: 1,985,000,000 US dollars - **Gas & NGL Marketing Services**: 1,343,000,000 US dollars - **Other**: 311,000,000 US dollars - **Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization**: 1,496,000,000 US dollars - **Operating and maintenance expenses**: 1,613,000,000 US dollars - **Depreciation and amortization expenses**: 1,654,000,000 US dollars - **Selling, general, and administrative expenses**: 520,000,000 US dollars - **Gain on sale of business (Note 3)**: 0 US dollars - **Other (income) expense – net**: negative 69,000,000 US dollars - **Revenue before reconciliation (calculated)**: 8,490,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Intersegment Eliminations**: negative 730,000,000 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.: $1.74 B; to noncontrolling interests: $90.00 M. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/wmb/fy2024-ytd-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/wmb-fy2024-ytd-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-09-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 7,760,000,000 US dollars - **Cost of revenue (calculated)**: 1,496,000,000 US dollars - **Gross profit (calculated)**: 6,264,000,000 US dollars - **Operating expenses (calculated)**: 3,718,000,000 US dollars - **Operating income (loss)**: 2,546,000,000 US dollars - **Other income (expense), net (calculated)**: negative 168,000,000 US dollars - **Income (loss) before income taxes**: 2,378,000,000 US dollars - **Less: Provision (benefit) for income taxes**: 549,000,000 US dollars - **Net income (loss)**: 1,829,000,000 US dollars - **Other - Product**: 105,000,000 US dollars - **Other - Service**: 12,000,000 US dollars - **Gas & NGL Marketing Services - Product**: 1,800,000,000 US dollars - **Gas & NGL Marketing Services - Service**: 0 US dollars - **Northeast G And P - Product**: 15,000,000 US dollars - **Northeast G And P - Service**: 1,410,000,000 US dollars - **Transmission And Gulf Of Mexico - Product**: 85,000,000 US dollars - **Transmission And Gulf Of Mexico - Service**: 3,077,000,000 US dollars - **West - Product**: 153,000,000 US dollars - **West - Service**: 1,154,000,000 US dollars - **Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization**: 1,496,000,000 US dollars - **Operating and maintenance expenses**: 1,613,000,000 US dollars - **Depreciation and amortization expenses**: 1,654,000,000 US dollars - **Selling, general, and administrative expenses**: 520,000,000 US dollars - **Gain on sale of business (Note 3)**: 0 US dollars - **Other (income) expense – net**: negative 69,000,000 US dollars - **Revenue before reconciliation (calculated)**: 7,811,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Components above reported revenue (calculated)**: negative 51,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item. - **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.: $1.74 B; to noncontrolling interests: $90.00 M. ## Chart details: Revenue by Product and Service - Page: https://plicit.ai/financials/wmb/fy2024-ytd-q3-income-statement/revenue-by-product-and-service - Chart image: https://plicit.ai/charts/wmb-fy2024-ytd-q3-revenue-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-09-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 7,760,000,000 US dollars - **Cost of revenue (calculated)**: 1,496,000,000 US dollars - **Gross profit (calculated)**: 6,264,000,000 US dollars - **Operating expenses (calculated)**: 3,718,000,000 US dollars - **Operating income (loss)**: 2,546,000,000 US dollars - **Other income (expense), net (calculated)**: negative 168,000,000 US dollars - **Income (loss) before income taxes**: 2,378,000,000 US dollars - **Less: Provision (benefit) for income taxes**: 549,000,000 US dollars - **Net income (loss)**: 1,829,000,000 US dollars - **Service**: 5,653,000,000 US dollars - **NonRegulated Service Commodity Consideration**: 82,000,000 US dollars - **Product**: 2,158,000,000 US dollars - **Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization**: 1,496,000,000 US dollars - **Operating and maintenance expenses**: 1,613,000,000 US dollars - **Depreciation and amortization expenses**: 1,654,000,000 US dollars - **Selling, general, and administrative expenses**: 520,000,000 US dollars - **Gain on sale of business (Note 3)**: 0 US dollars - **Other (income) expense – net**: negative 69,000,000 US dollars - **Revenue before reconciliation (calculated)**: 7,893,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Energy Commodities and Service**: negative 133,000,000 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.: $1.74 B; to noncontrolling interests: $90.00 M.