SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT



                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934



      Date of Report (Date of earliest event reported):  September 10, 2003
                                                        --------------------



                          The Williams Companies, Inc.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)



              Delaware              1-4174               73-0569878
          ---------------       ---------------     -------------------
          (State or other         (Commission        (I.R.S. Employer
          jurisdiction of        File Number)       Identification No.)
          incorporation)



      One Williams Center, Tulsa, Oklahoma                         74172
    ----------------------------------------                    ----------
    (Address of principal executive offices)                    (Zip Code)



        Registrant's telephone number, including area code:  918/573-2000
                                                           ----------------



                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)





Item 5. Other Events.

         On September 10, 2003, The Williams Companies, Inc. ("Williams")
announced that it has has entered into two transactions for the sale of assets
the company has previously identified for divestiture including the sale of the
natural gas liquids fractionation, storage and distribution business at its
Redwater, Alberta, plant and its investment in American Soda, LLP.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

a)         None

b)         None

c)         Exhibits

        Exhibit 99.1  Copy of Williams' press release dated September 10, 2003,
                      publicly reporting the matters discussed herein, furnished
                      pursuant to Item 9.

Item 9. Regulation FD Disclosure.

           On September 10, 2003, Williams issued a press release publicly
reporting the matters discussed herein. A copy of the press release is furnished
as Exhibit 99.1 to this report.

           Pursuant to the requirements of the Securities Exchange Act of 1934,
Williams has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                        THE WILLIAMS COMPANIES, INC.


Date: September 12, 2003                /s/ Brian K. Shore
                                        -------------------------------------
                                        Name:  Brian K. Shore
                                        Title: Secretary




                                INDEX TO EXHIBITS



EXHIBIT
NUMBER     DESCRIPTION
-------    -----------
        

 99.1      Copy of Williams' press release dated September 10, 2003, publicly
           reporting the matters discussed herein.