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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Capital in Excess of Par Value
Retained Deficit
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total Stockholders' Equity
Noncontrolling Interests
Beginning balance at Dec. 31, 2016 $ 14,046 $ 0 $ 785 $ 14,887 $ (9,649) $ (339) $ (1,041) $ 4,643 $ 9,403
Adoption of new accounting standard 37 0 0 1 36 0 0 37 0
Net income (loss) 2,509 0 0 0 2,174 0 0 2,174 335
Other comprehensive income (loss) 100 0 0 0 0 101 0 101 (1)
Issuance of stock (Note 16) 2,118 0 75 2,043 0 0 0 2,118 0
Cash dividends – common stock (992) 0 0 0 (992) 0 0 (992) 0
Dividends and distributions to noncontrolling interests (883) 0 0 0 0 0 0 0 (883)
Stock-based compensation and related common stock issuances, net of tax 74 0 1 73 0 0 0 74 0
Sales of limited partner units of Williams Partners L.P. 61 0 0 0 0 0 0 0 61
Changes in ownership of consolidated subsidiaries, net (910) 0 0 1,497 0 0 0 1,497 (2,407)
Contributions from noncontrolling interests 17 0 0 0 0 0 0 0 17
Other (2) 0 0 7 (3) 0 0 4 (6)
Net increase (decrease) in equity 2,129 0 76 3,621 1,215 101 0 5,013 (2,884)
Ending balance at Dec. 31, 2017 16,175 0 861 18,508 (8,434) (238) (1,041) 9,656 6,519
Adoption of new accounting standard (121) 0 0 0 (23) (61) 0 (84) (37)
Net income (loss) 193 0 0 0 (155) 0 0 (155) 348
Other comprehensive income (loss) 30 0 0 0 0 32 0 32 (2)
WPZ Merger (Note 1) 1,862 0 382 6,112 0 (3) 0 6,491 (4,629)
Issuance of stock (Note 16) 35 35 0 0 0 0 0 35 0
Cash dividends – common stock (1,386) 0 0 0 (1,386) 0 0 (1,386) 0
Dividends and distributions to noncontrolling interests (637) 0 0 0 0 0 0 0 (637)
Stock-based compensation and related common stock issuances, net of tax 61 0 1 60 0 0 0 61 0
Sales of limited partner units of Williams Partners L.P. 46 0 0 0 0 0 0 0 46
Changes in ownership of consolidated subsidiaries, net (4) 0 0 14 0 0 0 14 (18)
Contributions from noncontrolling interests 15 0 0 0 0 0 0 0 15
Deconsolidation of subsidiary (Note 6) (267) 0 0 0 0 0 0 0 (267)
Other (5) 0 1 (1) (4) 0 0 (4) (1)
Net increase (decrease) in equity (178) 35 384 6,185 (1,568) (32) 0 5,004 (5,182)
Ending balance at Dec. 31, 2018 15,997 35 1,245 24,693 (10,002) (270) (1,041) 14,660 1,337
Net income (loss) 714 0 0 0 850 0 0 850 (136)
Other comprehensive income (loss) 71 0 0 0 0 71 0 71 0
Cash dividends – common stock (1,842) 0 0 0 (1,842) 0 0 (1,842) 0
Dividends and distributions to noncontrolling interests (124) 0 0 0 0 0 0 0 (124)
Stock-based compensation and related common stock issuances, net of tax 58 0 2 56 0 0 0 58 0
Sales of limited partner units of Williams Partners L.P. 1,334 0 0 0 0 0 0 0 1,334
Changes in ownership of consolidated subsidiaries, net 141 0 0 (426) 0 0 0 (426) 567
Contributions from noncontrolling interests 36 0 0 0 0 0 0 0 36
Deconsolidation of subsidiary (Note 6) (13) 0 0 0 0 0 0 0 (13)
Other (8) 0 0 0 (8) 0 0 (8) 0
Net increase (decrease) in equity 367 0 2 (370) (1,000) 71 0 (1,297) 1,664
Ending balance at Dec. 31, 2019 $ 16,364 $ 35 $ 1,247 $ 24,323 $ (11,002) $ (199) $ (1,041) $ 13,363 $ 3,001