v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 161 $ 78
Accounts receivable, net 3,550 3,010
Inventories 1,056 948
Other current assets 543 452
Total current assets 5,310 4,488
Property, plant and equipment    
Property, plant and equipment 57,094 55,489
Accumulated depreciation and amortization 8,320 7,628
Net property, plant and equipment 48,774 47,861
Other assets    
Investments in unconsolidated affiliates 3,139 2,889
Goodwill 8,058 8,058
Intangible assets, net 2,835 2,901
Other assets 433 444
Total other assets 14,465 14,292
Total assets 68,549 66,641
Current liabilities    
Current maturities of long-term debt (Note D) 750 1,241
Short-term borrowings (Note D) 1,499 820
Accounts payable 3,533 2,838
Accrued interest 459 499
Other current liabilities 963 967
Total current liabilities 7,204 6,365
Long-term debt, excluding current maturities 30,773 30,755
Deferred credits and other liabilities    
Deferred income taxes 6,892 6,349
Other deferred credits 599 603
Total deferred credits and other liabilities 7,491 6,952
Commitments and contingencies (Note I)
Redeemable noncontrolling interests in consolidated subsidiaries (Note F) 44 0
Equity (Note E)    
Common stock 7 7
Paid-in capital 21,007 20,961
Accumulated other comprehensive loss (28) (27)
Retained earnings 2,759 2,373
Treasury stock, at cost (808) (829)
Total ONEOK shareholders' equity 22,937 22,485
Noncontrolling interests in consolidated subsidiaries 100 84
Total equity 23,037 22,569
Total liabilities, redeemable noncontrolling interests and equity $ 68,549 $ 66,641