WMB · 10-Q · 2026Q3 · Full report

Balance Sheet and Liquidity

WILLIAMS COMPANIES, INC. · 2026-11-02 · Importance 59 · Surprise 48 · From source text

At September 30, 2026, Williams reported total assets of $70.680 billion, up from $58.573 billion at December 31, 2025. Cash and cash equivalents were $1.756 billion at September 30, while the balance sheet showed $2.202 billion of long-term debt due within one year and $31.732 billion of long-term debt. Nine-month operating cash flow was $4.484 billion, compared with $4.322 billion in 2025. Long-term debt due within one year plus long-term debt totaled $33.934 billion, versus $28.661 billion at year-end 2025.

Key facts

• At September 30, 2026, Williams had $1.756 billion in cash, $3.750 billion of available Williams Credit Agreement capacity net of commercial paper, and $1.000 billion of available 364-Day Credit Agreement capacity, for total available liquidity of $6.506 billion.
• Williams' cash and cash equivalents were $1.756 billion at September 30, 2026.
• Williams' total assets were $70.680 billion at September 30, 2026, compared with $58.573 billion at December 31, 2025.
• At September 30, 2026, Williams had a working capital deficit of $1.6 billion, including cash and cash equivalents and long-term debt due within one year.
• For the nine months ended September 30, 2026, Williams paid $1.940 billion in common dividends, $1.137 billion in long-term debt, and $700 million net in commercial paper payments.
• Williams expected to have sufficient liquidity to manage its businesses in 2026 based on forecast operating cash flow and other liquidity sources.
• Williams’ guarantee of lease performance obligations for its previously owned WilTel communications subsidiary extends through 2042, with maximum potential undiscounted liquidity exposure of an unspecified amount at September 30, 2026.

Impact estimates