XML 25 R48.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Equity-Based Compensation (Tables) - Williams Companies Incentive Plan [Member]
12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Option Rollfoward and related information [Table Text Block]
The following summary reflects stock option activity and related information for the year ended December 31, 2019:
Stock Options
Options
 
Weighted-
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
 
(Millions)
 
 
 
(Millions)
Outstanding at December 31, 2018
7.3

 
$
31.55

 
 
Granted

 
$

 
 
Exercised
(0.4
)
 
$
11.31

 
 
Cancelled
(0.1
)
 
$
35.62

 
 
Outstanding at December 31, 2019
6.8

 
$
32.64

 
$
2

Exercisable at December 31, 2019
5.8

 
$
33.22

 
$
2


Cash Proceeds Received and Tax Benefit from Share-based Payment Awards [Table Text Block]
The following table summarizes additional information related to stock option activity during each of the last three years:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(Millions)
Total intrinsic value of options exercised
$
6

 
$
3

 
$
4

Tax benefits realized on options exercised
$
1

 
$

 
$
1

Cash received from the exercise of options
$
4

 
$
9

 
$
7


Stock Options Schedule of Valuation Assumptions [Table Text Block]
The estimated fair value at date of grant of options for our common stock granted in each respective year, using the Black-Scholes option pricing model, is as follows:
 
2018
 
2017
Weighted-average grant date fair value of options for our common stock granted during the year, per share
$
5.49

 
$
6.61

Weighted-average assumptions:
 
 
 
Dividend yield
4.7
%
 
4.2
%
Volatility
30.1
%
 
35.1
%
Risk-free interest rate
2.7
%
 
2.1
%
Expected life (years)
6.0

 
6.0


Nonvested Restricted Stock Unit Rollforward and related information [Table Text Block]
The following summary reflects nonvested restricted stock unit activity and related information for the year ended December 31, 2019:
Restricted Stock Units Outstanding
Shares
 
Weighted-
Average
Fair Value (1)
 
(Millions)
 
 
Nonvested at December 31, 2018
4.5

 
$
28.96

Granted
2.5

 
$
25.87

Forfeited
(0.5
)
 
$
28.48

Vested
(1.1
)
 
$
26.25

Nonvested at December 31, 2019
5.4

 
$
28.11

______________
(1)
Performance-based restricted stock units are valued considering measures of total shareholder return utilizing a Monte Carlo valuation method and return on capital employed. All other restricted stock units are valued at the grant-date market price. Restricted stock units generally vest after three years.
Other restricted stock unit information [Table Text Block]
Value of Restricted Stock Units
2019
 
2018
 
2017
Weighted-average grant date fair value of restricted stock units granted during the year, per share
$
25.87

 
$
30.48

 
$
29.47

Total fair value of restricted stock units vested during the year (in millions)
$
29

 
$
35

 
$
33