v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 186 $ 78
Accounts receivable, net 4,175 3,010
Inventories 1,338 948
Other current assets 554 452
Total current assets 6,253 4,488
Property, plant and equipment    
Property, plant and equipment 58,041 55,489
Accumulated depreciation and amortization 8,666 7,628
Net property, plant and equipment 49,375 47,861
Other assets    
Investments in unconsolidated affiliates 3,382 2,889
Goodwill 8,058 8,058
Intangible assets, net 2,801 2,901
Cash held for acquisition (Notes B & F) 4,000 0
Other assets 423 444
Total other assets 18,664 14,292
Total assets 74,292 66,641
Current liabilities    
Current maturities of long-term debt (Note E) 1,500 1,241
Short-term borrowings (Note E) 85 820
Accounts payable 4,219 2,838
Commodity imbalances 374 217
Accrued interest 437 499
Other current liabilities 806 750
Total current liabilities 7,421 6,365
Long-term debt, excluding current maturities 26,935 30,755
Deferred credits and other liabilities    
Deferred income taxes 6,806 6,349
Other deferred credits 620 603
Total deferred credits and other liabilities 7,426 6,952
Commitments and contingencies (Note J)
Redeemable noncontrolling interests in consolidated subsidiaries (Note G) 50 0
Equity (Note F)    
Common stock 7 7
Paid-in capital 20,889 20,961
Accumulated other comprehensive loss (204) (27)
Retained earnings 3,429 2,373
Treasury stock, at cost (805) (829)
Total ONEOK shareholders' equity 23,316 22,485
Noncontrolling interests in consolidated subsidiaries (Note F) 9,144 84
Total equity 32,460 22,569
Total liabilities, redeemable noncontrolling interests and equity $ 74,292 $ 66,641