WMB · 10-Q · 2026Q3 · Full report

Income Tax Rate Changes

WILLIAMS COMPANIES, INC. · 2026-11-02 · Importance 19 · Surprise 22

The quarterly provision for income taxes changed favorably by $25 million, or 10%, compared with the third quarter of 2025. The filing says the favorable change primarily reflected the absence of a 2025 provision associated with an increase in the estimated state deferred income tax rate, partly offset by higher pretax income. For the nine-month period, the income tax provision change was favorable by $112 million, or 18%.

Key facts

• Williams’ three-month provision for income taxes changed favorably primarily because there was no provision for a 2025 increase in the estimated state deferred income tax rate, partly offset by higher pretax income.