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Income Statement
Balance Sheet
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Common Size IS
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Williams Partners L.P. (WPZ)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-14Jun-30-14Mar-31-14Dec-31-13Sep-30-13Jun-30-13Mar-31-13Dec-31-12
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenues:          
Service revenues  766.0763.0763.0763.0731.0717.0702.0704.0
Product sales  942.0853.0930.0853.0887.01,046.01,104.01,114.0
    Total revenues  1,708.01,616.01,693.01,616.01,618.01,763.01,806.01,818.0
            Total revenues growth  5.6%-8.3%-6.3%-11.1%-5.8%-3.0%-8.2%-34.9%
Costs and expenses:          
Product costs  807.0724.0769.0 710.0801.0790.0 
Operating and maintenance expenses  267.0251.0248.0 265.0289.0257.0 
Depreciation and amortization expenses  209.0207.0208.0193.0201.0191.0196.0199.0
Selling, general, and administrative expenses  129.0132.0130.0123.0130.0131.0130.0145.0
Net insurance recoveries - Geismar Incident   -42.0-119.0 -50.0   
Other (income) expense - net  -1.027.017.0 21.04.01.0 
    Total costs and expenses  1,411.01,299.01,253.01,331.01,277.01,416.01,374.01,454.0
    Operating income  297.0317.0440.0285.0341.0347.0432.0364.0
            Operating margin  17.4%19.6%26.0%17.6%21.1%19.7%23.9%20.0%
Equity earnings (losses)  36.032.023.020.031.035.018.024.0
Interest incurred  -155.0-142.0-131.0-456.0-119.0-118.0-118.0-441.0
   
Interest capitalized          
Other income (expense) - net  13.07.03.0 7.07.06.0 
Provision (benefit) for income taxes  9.05.08.0 -1.021.015.0 
    Net income  218.0234.0352.0 285.0272.0344.0 
Less: Net income attributable to noncontrolling interests  1.02.0 -1,709.01.01.0  
    Net Income (Loss) Attributable to controlling interests  217.0232.0352.0209.0284.0271.0344.0291.0
   
Allocation of net income for calculation of earnings per common unit:          
Net Income (Loss) Attributable to controlling interests  217.0232.0352.0209.0284.0271.0344.0291.0
Allocation of net income to general partner  171.0167.0180.0 60.0141.0142.0 
Allocation of net income to Class D units  17.018.014.0     
Allocation of net income to common units  29.047.0158.0 224.0130.0202.0 
   
Basic net income per common unit  $0.07$0.11$0.36 $0.52$0.31$0.50 
Diluted net income per common unit  $0.07$0.11$0.36 $0.52$0.31$0.50 
   
Basic weighted average number of common units outstanding (thousands)  439.1438.6438.6 428.7413.9402.0 
Diluted weighted average number of common units outstanding (thousands)  439.1438.6438.6 428.7413.9402.0 
Cash distributions per common unit  0.00.00.0 0.00.00.0 
   
Other Comprehensive Income (Loss):          
Net unrealized gain (loss) from derivative instruments          
Reclassifications into earnings of net derivative instruments (gain) loss          
Foreign currency translation adjustments          
    Other comprehensive income (loss)          
Comprehensive income          
Less: Comprehensive income attributable to noncontrolling interests          
    Comprehensive income attributable to controlling interests  164.0271.0313.0208.0302.0246.0325.0277.0

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