Other Income and Expenses

12 Months Ended

Dec. 31, 2020

Other Income and Expenses [Abstract]

Other Income and Expenses [Text Block]

Note 6 – Other Income and Expenses

The following table presents by segment, certain items within Operating and maintenance expenses and Selling, general, and administrative expenses in the Consolidated Statement of Operations:

	Transmission & Gulf of Mexico		Northeast G&P		West		Other
	(Millions)
2020
Income related to benefit policy change	$	(22)	$	(9)	$	(9)	$	—
2019
Severance and related costs	39		7		10		1
2018
Expense from charitable contribution of preferred stock to the Williams Companies Foundation, Inc. (Note 16)	—		—		—		35
WPZ Merger related costs	—		—		—		20

Additional Items

Other income (expense) – net below Operating income (loss) includes $15 million, $32 million, and $89 million of income for equity AFUDC within the Transmission & Gulf of Mexico segment for the years ended December 31, 2020, 2019, and 2018, respectively. Other income (expense) – net below Operating income (loss) also includes $(13) million of loss and $9 million and $35 million of income, for the years ended December 31, 2020, 2019, and 2018, respectively, associated with regulatory assets related to the effects of deferred taxes on equity funds used during construction primarily within the Other segment.