The Williams Companies, Inc. (WMB) 8-K Other Events

Exhibit 99.2

THE WILLIAMS COMPANIES, INC.

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

			ADDITIONS
			Charged to
	Beginning		Cost and									Ending
	Balance		Expenses			Other			Deductions			Balance
	(Millions)
Year ended December 31, 2006:
Allowance for doubtful accounts — accounts and notes receivable(a)	$	86.5	$	3.7		$	(65.6	)(e)	$	9.8	(c)	$	14.8
Price-risk management credit reserves(a)		14.9		(8.2	)(d)		—			—			6.7
Processing plant major maintenance accrual(b)		7.2		1.6			—			.9			7.9
Year ended December 31, 2005:
Allowance for doubtful accounts — accounts and notes receivable(a)		98.1		3.5			—			15.1	(c)		86.5
Price-risk management credit reserves(a)		3.0		11.9	(d)		—			—			14.9
Processing plant major maintenance accrual(b)		5.7		1.5			—			—			7.2
Year ended December 31, 2004:
Allowance for doubtful accounts — accounts and notes receivable(a)		102.8		(.8	)		—			3.9	(c)		98.1
Price-risk management credit reserves(a)		1.2		1.8	(d)		—			—			3.0
Processing plant major maintenance accrual(b)		4.1		1.6			—			—			5.7

(a)	Deducted from related assets.
(b)	Included inaccrued liabilitiesin 2006 andother liabilities and deferred incomein 2005 and 2004.
(c)	Represents balances written off, reclassifications, and recoveries.
(d)	Included inrevenues.
(e)	During 2006, $65.6 million in previously reserved Enron receivables were sold.