The Williams Companies, Inc. (WMB)

The Williams Companies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	2,884	3,176	2,046	1,514	208	847
Depreciation & Amortization	2,113	2,071	2,009	1,842	1,721	1,714
Share-Based Compensation	84	77	73	81	52	57
Other Operating Activities	577	611	758	505	1,512	1,072
Operating Cash Flow	5,658	5,938	4,889	3,945	3,496	3,693
Operating Cash Flow Growth	6.33%	21.46%	23.93%	12.84%	-5.33%	12.15%
Capital Expenditures	-2,565	-2,567	-2,283	-1,247	-1,238	-2,097
Acquisitions	-2,017	-1,222	-933	-151	0	-728
Change in Investments	-154	-141	-166	-115	-325	32
Other Investing Activities	48	39	7	48	5	-34
Investing Cash Flow	-4,688	-3,891	-3,375	-1,465	-1,558	-2,827
Dividends Paid	-2,212	-2,179	-2,071	-1,992	-1,941	-1,842
Share Issuance / Repurchase	-48	-124	45	9	9	10
Debt Issued / Paid	1,683	2,470	-793	1,235	38	-142
Other Financing Activities	-203	-216	-223	-194	-191	1,229
Financing Cash Flow	-780	-49	-3,042	-942	-2,085	-745
Net Cash Flow	190	1,998	-1,528	1,538	-147	121
Free Cash Flow	3,093	3,371	2,606	2,698	2,258	1,596
Free Cash Flow Growth	11.02%	29.36%	-3.41%	19.49%	41.48%	261.90%
Free Cash Flow Margin	29.19%	30.91%	23.77%	25.39%	29.25%	19.46%
Free Cash Flow Per Share	2.54	2.77	2.14	2.22	1.86	1.32

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).