WILLIAMS COMPANIES INC
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
WMB$67.46+1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets at December 31, 2024 and 2023
Balance Sheet
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (Millions) | ||
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $— | $— |
| Trade accounts and other receivables: | ||
| Advances to affiliate | — | 158 |
| Trade | 39 | 39 |
| Affiliates | — | 1 |
| Other | 2 | 1 |
| Inventories | 9 | 8 |
| Regulatory assets | 6 | 2 |
| Other current assets and deferred charges | 6 | 5 |
| Total current assets | 62 | 214 |
| Property, plant, and equipment – net | 2,129 | 1,949 |
| Regulatory assets | 49 | 36 |
| Deferred charges and other | 29 | 28 |
| Total assets | $2,269 | $2,227 |
| LIABILITIES AND MEMBER’S EQUITY | ||
| Current Liabilities: | ||
| Payables: | ||
| Advances from affiliate | $26 | $— |
| Trade | 48 | 48 |
| Affiliates | 12 | 13 |
| Regulatory liabilities | 20 | 21 |
| Other current liabilities | 34 | 34 |
| Long-term debt due within one year | 85 | — |
| Total current liabilities | 225 | 116 |
| Long-term debt | 497 | 581 |
| Regulatory liabilities | 233 | 252 |
| Asset retirement obligations | 144 | 136 |
| Deferred income and other | 7 | 9 |
| Contingent liabilities and commitments (Note 18) | ||
| Member’s Equity: | ||
| Member’s capital | 1,074 | 1,074 |
| Retained earnings | 89 | 59 |
| Total member’s equity | $1,163 | $1,133 |
| Total liabilities and member’s equity | $2,269 | $2,227 |
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