2014 Q4 Form 10-K Financial Statement

#000010726316000021 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4 2013
Revenue $2.141B $1.660B $6.860B
YoY Change 28.98% -11.18% -8.36%
Cost Of Revenue $716.0M $726.0M $3.027B
YoY Change -1.38% 13.26% -13.42%
Gross Profit $1.425B $934.0M $3.833B
YoY Change 52.57% -23.94% -3.93%
Gross Profit Margin 66.56% 56.27% 55.87%
Selling, General & Admin $678.0M $404.0M $512.0M
YoY Change 67.82% 180.56% -10.33%
% of Gross Profit 47.58% 43.25% 13.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $379.0M $209.0M $815.0M
YoY Change 81.34% -0.95% 7.8%
% of Gross Profit 26.6% 22.38% 21.26%
Operating Expenses $894.0M $671.0M $512.0M
YoY Change 33.23% -20.31% -10.33%
Operating Profit $531.0M $263.0M $1.375B
YoY Change 101.9% -31.87% -14.7%
Interest Expense -$123.0M -$71.00M $510.0M
YoY Change 73.24% -26.04% -258.88%
% of Operating Profit -23.16% -27.0% 37.09%
Other Income/Expense, Net $16.00M -$1.000M $0.00
YoY Change -1700.0% 0.0% -100.0%
Pretax Income $424.0M $191.0M $1.080B
YoY Change 121.99% -33.91% -16.21%
Income Tax $116.0M $141.0M $401.0M
% Of Pretax Income 27.36% 73.82% 37.13%
Net Earnings $193.0M -$14.00M $430.0M
YoY Change -1478.57% -109.03% -49.94%
Net Earnings / Revenue 9.01% -0.84% 6.27%
Basic Earnings Per Share $0.63
Diluted Earnings Per Share $256.7K -$20.48K $0.62
COMMON SHARES
Basic Shares Outstanding 747.5M shares 683.4M shares 682.9M shares
Diluted Shares Outstanding 687.2M shares

Balance Sheet

Concept 2014 Q4 2013 Q4 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments $240.0M $681.0M $681.0M
YoY Change -64.76% -18.83% -18.83%
Cash & Equivalents $240.0M $681.0M $681.0M
Short-Term Investments
Other Short-Term Assets $213.0M $107.0M $134.0M
YoY Change 99.07% 1.9% -39.64%
Inventory $231.0M $194.0M $194.0M
Prepaid Expenses
Receivables $972.0M $600.0M $600.0M
Other Receivables $167.0M $74.00M $74.00M
Total Short-Term Assets $1.890B $1.683B $1.683B
YoY Change 12.3% -12.53% -12.53%
LONG-TERM ASSETS
Property, Plant & Equipment $28.08B $18.21B $18.21B
YoY Change 54.21% 17.73% 17.73%
Goodwill $1.120B $646.0M
YoY Change 73.37% -0.46%
Intangibles $10.45B $1.644B
YoY Change 535.83% -3.52%
Long-Term Investments $8.400B $4.360B $4.360B
YoY Change 92.66% 9.36% 9.36%
Other Assets $511.0M $599.0M $599.0M
YoY Change -14.69% 0.5% 0.5%
Total Long-Term Assets $48.57B $25.46B $25.46B
YoY Change 90.76% 13.64% 13.64%
TOTAL ASSETS
Total Short-Term Assets $1.890B $1.683B $1.683B
Total Long-Term Assets $48.57B $25.46B $25.46B
Total Assets $50.46B $27.14B $27.14B
YoY Change 85.89% 11.57% 11.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $865.0M $960.0M $960.0M
YoY Change -9.9% 4.35% 4.35%
Accrued Expenses $900.0M $797.0M $652.0M
YoY Change 12.92% 26.91% 3.82%
Deferred Revenue
YoY Change
Short-Term Debt $798.0M $225.0M $225.0M
YoY Change 254.67%
Long-Term Debt Due $4.000M $1.000M $1.000M
YoY Change 300.0% 0.0% 0.0%
Total Short-Term Liabilities $2.567B $1.983B $1.983B
YoY Change 29.45% 28.02% 28.02%
LONG-TERM LIABILITIES
Long-Term Debt $20.78B $11.35B $11.35B
YoY Change 83.04% 5.76% 5.76%
Other Long-Term Liabilities $2.224B $1.356B $1.356B
YoY Change 64.01% -23.61% -23.61%
Total Long-Term Liabilities $23.00B $12.71B $12.71B
YoY Change 81.01% 1.59% 1.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.567B $1.983B $1.983B
Total Long-Term Liabilities $23.00B $12.71B $12.71B
Total Liabilities $41.68B $22.28B $22.28B
YoY Change 87.08% 13.81% 13.81%
SHAREHOLDERS EQUITY
Retained Earnings -$5.548B -$6.248B
YoY Change -11.2% 9.71%
Common Stock $15.71B $12.32B
YoY Change 27.52% 3.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.041B $1.041B
YoY Change 0.0% 0.0%
Treasury Stock Shares 35.00M shares 35.00M shares
Shareholders Equity $8.777B $4.864B $4.864B
YoY Change
Total Liabilities & Shareholders Equity $50.46B $27.14B $27.14B
YoY Change 85.89% 11.57% 11.57%

Cashflow Statement

Concept 2014 Q4 2013 Q4 2013
OPERATING ACTIVITIES
Net Income $193.0M -$14.00M $430.0M
YoY Change -1478.57% -109.03% -49.94%
Depreciation, Depletion And Amortization $379.0M $209.0M $815.0M
YoY Change 81.34% -0.95% 7.8%
Cash From Operating Activities $1.011B $515.0M $2.217B
YoY Change 96.31% -5.68% 20.82%
INVESTING ACTIVITIES
Capital Expenditures -$1.088B -$1.030B $3.572B
YoY Change 5.63% 17.45% 41.24%
Acquisitions $6.000M
YoY Change -99.71%
Other Investing Activities -$59.00M -$119.0M $22.00M
YoY Change -50.42% -94.97% -120.37%
Cash From Investing Activities -$1.147B -$1.149B -$4.052B
YoY Change -0.17% -64.55% -41.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $18.00M
YoY Change -99.29%
Debt Paid & Issued, Net $2.081B
YoY Change 41.76%
Cash From Financing Activities 74.00M 583.0M $1.677B
YoY Change -87.31% -77.03% -66.7%
NET CHANGE
Cash From Operating Activities 1.011B 515.0M $2.217B
Cash From Investing Activities -1.147B -1.149B -$4.052B
Cash From Financing Activities 74.00M 583.0M $1.677B
Net Change In Cash -62.00M -51.00M -$158.0M
YoY Change 21.57% -67.52% 216.0%
FREE CASH FLOW
Cash From Operating Activities $1.011B $515.0M $2.217B
Capital Expenditures -$1.088B -$1.030B $3.572B
Free Cash Flow $2.099B $1.545B -$1.355B
YoY Change 35.86% 8.57% 95.24%

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27000000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
39000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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39000000 USD
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752000000 USD
CY2014 us-gaap Depreciation
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CY2015 us-gaap Depreciation
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DepreciationDepletionAndAmortization
815000000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2015 us-gaap Depreciation Depletion And Amortization
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1738000000 USD
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CY2014 us-gaap Dividends Common Stock Cash
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CY2015 us-gaap Dividends Common Stock Cash
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1836000000 USD
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CY2015Q4 us-gaap Due To Affiliate Current
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0.63
CY2014 us-gaap Earnings Per Share Basic
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2.94
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0.62
CY2014 us-gaap Earnings Per Share Diluted
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2.92
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2014Q4 us-gaap Employee Related Liabilities Current
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167000000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
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215000000 USD
CY2014Q4 us-gaap Energy Related Inventory Natural Gas Liquids
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150000000 USD
CY2015Q4 us-gaap Energy Related Inventory Natural Gas Liquids
EnergyRelatedInventoryNaturalGasLiquids
57000000 USD
CY2014Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
3700000000 USD
CY2015Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
2400000000 USD
CY2013 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
247000000 USD
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
440000000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
633000000 USD
CY2013 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2014 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2015 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
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CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
599000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
773000000 USD
CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
850000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
633000000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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627000000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
460000000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
611000000 USD
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EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
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CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
9549000000 USD
CY2014Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
954000000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
1450000000 USD
CY2013 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
2406000000 USD
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EquityMethodInvestmentSummarizedFinancialInformationRevenue
1623000000 USD
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1707000000 USD
CY2014Q4 us-gaap Equity Method Investments
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8400000000 USD
CY2015Q4 us-gaap Equity Method Investments
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7336000000 USD
CY2014Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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0 USD
CY2015Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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0 USD
CY2014Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2015Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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0 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
354000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
354000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
354000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
354000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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354000000 USD
CY2014Q4 us-gaap Goodwill
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CY2015Q4 us-gaap Goodwill
Goodwill
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CY2013 us-gaap Goodwill Impairment Loss
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CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015Q4 us-gaap Goodwill Impairment Loss
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CY2015 us-gaap Goodwill Impairment Loss
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CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
441000000 USD
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2110000000 USD
CY2015 us-gaap Income Loss From Continuing Operations
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CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1080000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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3584000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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119000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
102000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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20000000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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2335000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
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2.91
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
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IncomeLossFromDiscontinuedOperationsNetOfTax
4000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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4000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
134000000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
144000000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
335000000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
401000000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1249000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-32000000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-11000000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
8000000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
378000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1255000000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-600000000 USD
CY2013 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
78000000 USD
CY2014 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
75000000 USD
CY2015 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
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CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
8000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
35000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
22000000 USD
CY2013 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
99000000 USD
CY2014 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-37000000 USD
CY2015 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
0 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
26000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
82000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
29000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2014Q4 us-gaap Income Taxes Receivable
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167000000 USD
CY2015Q4 us-gaap Income Taxes Receivable
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7000000 USD
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CY2014 us-gaap Increase Decrease In Accounts And Notes Receivable
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276000000 USD
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-35000000 USD
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175000000 USD
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26000000 USD
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17000000 USD
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36000000 USD
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44000000 USD
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40000000 USD
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InsuredEventGainLoss
232000000 USD
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126000000 USD
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9970000000 USD
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101000000 USD
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141000000 USD
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74000000 USD
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611000000 USD
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888000000 USD
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1118000000 USD
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510000000 USD
CY2014 us-gaap Interest Expense
InterestExpense
747000000 USD
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1044000000 USD
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472000000 USD
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681000000 USD
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1023000000 USD
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268000000 USD
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284000000 USD
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231000000 USD
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127000000 USD
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81000000 USD
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InvestmentIncomeNonoperating
43000000 USD
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27000000 USD
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58000000 USD
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109000000 USD
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LeaseAndRentalExpense
164000000 USD
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50455000000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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49020000000 USD
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2567000000 USD
CY2015Q4 us-gaap Liabilities Current
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2497000000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
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0.02
CY2014Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
20780000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
23812000000 USD
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4000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
176000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
175000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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2121000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
32000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1350000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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785000000 USD
CY2014Q4 us-gaap Minority Interest
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CY2015Q4 us-gaap Minority Interest
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MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
489000000 USD
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
840000000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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942000000 USD
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1677000000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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7601000000 USD
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481000000 USD
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2217000000 USD
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2115000000 USD
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2678000000 USD
CY2013 us-gaap Net Income Loss
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430000000 USD
CY2014 us-gaap Net Income Loss
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2114000000 USD
CY2015 us-gaap Net Income Loss
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CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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238000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
225000000 USD
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CY2014 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
63000000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Business Combination
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7502000000 USD
CY2013 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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1819000000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
55000000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
59000000 USD
CY2013 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1097000000 USD
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OperatingCostsAndExpenses
1492000000 USD
CY2015 us-gaap Operating Costs And Expenses
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1655000000 USD
CY2013 us-gaap Operating Income Loss
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1375000000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
1569000000 USD
CY2015 us-gaap Operating Income Loss
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226000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
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419000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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86000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
39000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
45000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
56000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
74000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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119000000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
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343000000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
279000000 USD
CY2014Q4 us-gaap Other Assets Current
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213000000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
217000000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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511000000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
561000000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
1000000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
0 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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189000000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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0.05
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UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
11000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
12000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
51000000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
687185000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
723641000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
749271000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
682948000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
719325000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
749271000 shares
CY2013 wmb Asset Retirement Obligation Accretion Expense For Nonregulated Operations
AssetRetirementObligationAccretionExpenseForNonregulatedOperations
15000000 USD
CY2014 wmb Asset Retirement Obligation Accretion Expense For Nonregulated Operations
AssetRetirementObligationAccretionExpenseForNonregulatedOperations
18000000 USD
CY2015 wmb Asset Retirement Obligation Accretion Expense For Nonregulated Operations
AssetRetirementObligationAccretionExpenseForNonregulatedOperations
28000000 USD
CY2014Q2 wmb Common Units Sold In Offering
CommonUnitsSoldInOffering
8000000 shares
CY2013 wmb Contributionto Gulfstreamforrepaymentofdebt
ContributiontoGulfstreamforrepaymentofdebt
0 USD
CY2014 wmb Contributionto Gulfstreamforrepaymentofdebt
ContributiontoGulfstreamforrepaymentofdebt
0 USD
CY2015 wmb Contributionto Gulfstreamforrepaymentofdebt
ContributiontoGulfstreamforrepaymentofdebt
248000000 USD
CY2013 wmb Deferred Income Tax Expense Benefit From Continuing And Discontinued Operations
DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations
424000000 USD
CY2014 wmb Deferred Income Tax Expense Benefit From Continuing And Discontinued Operations
DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations
1264000000 USD
CY2015 wmb Deferred Income Tax Expense Benefit From Continuing And Discontinued Operations
DeferredIncomeTaxExpenseBenefitFromContinuingAndDiscontinuedOperations
-337000000 USD
CY2015 wmb Defined Benefit Plans Asset Management Manager Responsibility Maximum Range Percentage
DefinedBenefitPlansAssetManagementManagerResponsibilityMaximumRangePercentage
0.28
CY2015 wmb Defined Benefit Plans Asset Management Manager Responsibility Minimum Range Percentage
DefinedBenefitPlansAssetManagementManagerResponsibilityMinimumRangePercentage
0.01
CY2014Q4 wmb Employee Sharebased Compensation Tax Benefit Excluded From Deferred Income Tax Assets
EmployeeSharebasedCompensationTaxBenefitExcludedFromDeferredIncomeTaxAssets
23000000 USD
CY2015Q4 wmb Employee Sharebased Compensation Tax Benefit Excluded From Deferred Income Tax Assets
EmployeeSharebasedCompensationTaxBenefitExcludedFromDeferredIncomeTaxAssets
23000000 USD
CY2013 wmb Equity Method Investment Summarized Financial Information Operating Income
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncome
699000000 USD
CY2014 wmb Equity Method Investment Summarized Financial Information Operating Income
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncome
534000000 USD
CY2015 wmb Equity Method Investment Summarized Financial Information Operating Income
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncome
690000000 USD
CY2013 wmb Impairment Of And Net Gain Loss On Sale Of Property Plant And Equipment
ImpairmentOfAndNetGainLossOnSaleOfPropertyPlantAndEquipment
29000000 USD
CY2014 wmb Impairment Of And Net Gain Loss On Sale Of Property Plant And Equipment
ImpairmentOfAndNetGainLossOnSaleOfPropertyPlantAndEquipment
67000000 USD
CY2013 wmb Special Distribution From Gulfstream
SpecialDistributionFromGulfstream
0 USD
CY2014 wmb Special Distribution From Gulfstream
SpecialDistributionFromGulfstream
0 USD
CY2015 wmb Special Distribution From Gulfstream
SpecialDistributionFromGulfstream
396000000 USD
CY2015Q4 wmb Threshold For Amortization Of Unrecognized Actuarial Gains Losses
ThresholdForAmortizationOfUnrecognizedActuarialGainsLosses
0.1
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of estimates</font></div><div style="line-height:120%;padding-top:13px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</font></div><div style="line-height:120%;padding-top:13px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant estimates and assumptions include:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Impairment assessments of investments, property, plant, and equipment, goodwill, and other identifiable intangible assets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Litigation-related contingencies;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Environmental remediation obligations;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Realization of deferred income tax assets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Depreciation and/or amortization of equity-method investment basis differences;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Asset retirement obligations;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Pension and postretirement valuation variables;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:12pt;padding-left:24px;"><font style="font-family:inherit;font-size:12pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;">Acquisition related purchase price allocations.</font></div></td></tr></table><div style="line-height:120%;padding-top:13px;text-align:justify;padding-left:48px;text-indent:-24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These estimates are discussed further throughout these notes.</font></div></div>
CY2015 wmb Equity Method Investment Basis Difference Policy Policy Textblock
EquityMethodInvestmentBasisDifferencePolicyPolicyTextblock
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-indent:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Equity-method investment basis differences</font></div><div style="line-height:120%;padding-top:13px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Differences between the cost of our equity-method investments and our underlying equity in the net assets of investees are accounted for as if the investees were consolidated subsidiaries. </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Equity earnings (losses)</font><font style="font-family:inherit;font-size:10pt;"> in the </font><font style="font-family:inherit;font-size:10pt;color:#000000;font-weight:normal;text-decoration:none;">Consolidated Statement of Operations</font><font style="font-family:inherit;font-size:10pt;"> includes our allocable share of net income (loss) of investees adjusted for any depreciation and amortization, as applicable, associated with basis differences.</font></div></div>

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