Phillips 66 (PSX)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Revenues [Abstract]
Revenue from Contract with Customer, Excluding Assessed Tax

20,878

29,125

27,218

27,847

23,103

29,098

29,788

28,980

23,595

29,746

25,627

24,087

22,894

23,397

21,624

21,849

17,409

21,893

25,792

28,512

22,778

34,963

40,417

45,549

40,283

43,049

44,146

43,190

41,211

43,815

42,945

46,747

45,783

47,948

50,610

52,594

44,779

Income (Loss) from Equity Method Investments

365

464

499

648

516

730

779

743

424

375

530

462

365

255

391

435

333

127

583

407

456

413

511

764

778

769

647

618

1,039

626

959

815

734

513

856

784

690

Gain (Loss) On Disposition

1

1

18

0

1

1

1

0

17

0

0

14

1

1

3

6

0

0

22

139

122

170

109

9

7

5

8

41

1

4

-1

188

2

1,813

-221

43

3

Nonoperating Income (Expense)

0

22

36

23

38

14

24

13

10

2

49

18

452

15

24

17

18

9

20

19

70

61

11

17

31

20

-7

49

23

53

4

77

1

17

18

9

1

Total Revenues and Other Income

21,244

29,612

27,771

28,518

23,658

29,843

30,592

29,736

24,046

30,123

26,206

24,581

23,712

23,668

22,042

22,307

17,760

22,029

26,417

29,077

23,426

35,607

41,048

46,339

41,099

43,843

44,794

43,898

42,274

44,498

43,907

47,827

46,520

50,291

51,263

53,430

45,473

Cost And Expenses [Abstract]
Purchased crude oil and products

18,440

26,114

23,806

24,554

21,055

24,660

26,385

25,747

21,138

23,914

19,463

18,353

17,679

18,379

15,961

16,198

11,930

15,871

18,580

22,253

16,695

28,449

33,602

39,316

34,381

37,028

38,717

37,257

35,243

37,498

36,189

40,398

40,328

42,915

43,905

46,600

39,348

Operating expenses

1,341

1,396

1,206

1,165

1,307

1,285

1,206

1,143

1,246

1,158

1,134

1,137

1,270

1,197

1,061

994

1,023

1,074

1,083

1,043

1,094

1,164

1,104

1,077

1,090

1,204

992

1,032

978

1,073

884

984

1,092

984

1,027

1,018

1,042

Selling, general and administrative expenses

319

491

416

408

366

419

440

432

386

437

435

439

384

420

411

421

386

433

437

406

394

448

401

412

402

434

349

368

327

442

432

480

349

352

372

347

323

Depreciation, Depletion and Amortization

342

340

336

334

331

337

346

337

336

346

337

320

315

305

293

290

280

281

270

274

253

273

249

239

234

243

233

229

242

237

229

224

216

235

222

226

219

Impairments

3,006

5

853

2

1

1

1

6

0

6

1

15

2

1

2

2

0

-

1

2

-

134

12

3

1

3

1

1

24

592

248

275

43

-

486

2

-

Taxes, Miscellaneous

157

79

105

97

128

97

109

109

110

3,494

3,456

3,356

3,156

3,209

3,424

3,594

3,461

3,456

3,610

3,549

3,462

3,696

3,874

3,832

3,638

3,670

3,624

3,501

3,324

3,435

3,410

3,475

3,420

3,502

3,674

3,631

3,480

Accretion Expense, Including Asset Retirement Obligations

6

6

6

5

6

6

5

6

6

6

5

6

5

6

5

5

5

5

5

6

5

6

6

6

6

6

6

6

6

7

7

6

5

5

5

6

5

Interest and debt expense

111

115

109

115

119

121

125

135

123

114

112

107

105

88

81

83

86

74

71

79

86

73

60

66

68

68

68

69

70

76

74

83

13

6

4

3

4

Foreign Currency Transaction Gain (Loss), before Tax

0

0

9

-9

-5

1

0

14

16

6

-7

0

1

-1

9

0

7

1

-1

0

-49

-3

-13

-29

19

24

0

18

-2

6

15

-8

15

-22

-18

31

43

Total Costs and Expenses

23,722

28,546

26,828

26,689

23,318

26,925

28,617

27,901

23,329

29,469

24,950

23,733

22,915

23,606

21,229

21,587

17,164

21,197

24,058

27,612

22,038

34,246

39,321

44,980

39,801

42,632

43,990

42,445

40,216

43,354

41,458

45,933

45,451

48,005

49,713

51,802

44,378

Income (loss) before income taxes

-2,478

1,066

943

1,829

340

2,918

1,975

1,835

717

654

1,256

848

797

62

813

720

596

832

2,359

1,465

1,388

1,361

1,727

1,359

1,298

1,211

804

1,453

2,058

1,144

2,449

1,894

1,069

2,286

1,550

1,628

1,095

Income Tax Expense (Benefit)

-51

256

150

325

70

602

407

431

132

-2,601

407

267

234

-132

277

204

198

166

767

440

391

203

538

487

426

396

278

507

663

482

848

712

431

317

499

588

418

Net Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

516

398

-

1,592

1,025

997

1,158

1,189

872

872

815

526

946

1,395

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

706

18

14

14

15

-

-

-

-

-

-

-

-

Net Income (Loss)

-2,427

810

793

1,504

270

2,316

1,568

1,404

585

3,255

849

581

563

-

-

-

-

-

-

-

-

1,158

1,189

872

1,578

833

540

960

1,410

710

1,601

1,182

638

2,012

1,051

1,040

677

Net Income (Loss) Attributable to Noncontrolling Interest

69

74

81

80

66

76

76

65

61

57

26

31

28

31

25

20

13

16

14

13

10

11

9

9

6

7

5

2

3

2

2

1

2

1

2

1

1

Net Income (Loss) Attributable to Phillips 66

-2,496

736

712

1,424

204

2,240

1,492

1,339

524

3,198

823

550

535

-

-

-

-

-

-

-

-

1,147

1,180

863

1,572

826

535

958

1,407

708

1,599

1,181

636

2,011

1,049

1,039

676

Net Income Attributable to Phillips 66

-

-

-

-

-

-

-

-

-

-

-

-

-

-

511

496

385

-

1,578

1,012

987

1,147

1,180

863

866

808

521

944

1,392

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

706

18

14

14

15

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Phillips 66 Per Share of Common Stock (dollars)
Basic
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.04

2.11

1.52

1.48

1.35

0.86

1.53

2.23

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.01

0.01

0.02

1.21

0.04

0.02

0.02

0.02

-

-

-

-

-

-

-

-

Basic (in usd per share)

-5.66

1.65

1.58

3.13

0.44

4.74

3.20

2.86

1.07

6.22

1.60

1.06

1.02

0.31

0.97

0.94

0.72

1.21

2.92

1.85

1.80

2.08

2.11

1.52

2.69

1.39

0.88

1.55

2.25

1.13

2.53

1.88

1.01

-

1.67

1.66

-

Diluted
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2.03

2.09

1.51

1.47

1.35

0.85

1.51

2.21

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.02

0.01

1.20

0.04

0.02

0.02

0.02

-

-

-

-

-

-

-

-

Diluted (in usd per share)

-5.66

1.63

1.58

3.12

0.44

4.71

3.18

2.84

1.07

6.17

1.60

1.06

1.02

0.31

0.96

0.93

0.72

1.20

2.90

1.84

1.79

2.06

2.09

1.51

2.67

1.39

0.87

1.53

2.23

1.11

2.51

1.86

1.00

-

1.65

1.64

-

Dividends Paid Per Share of Common Stock (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.70

0.70

0.63

-

0.63

0.63

0.56

0.56

0.56

0.56

0.50

0.50

0.50

0.50

0.39

0.39

0.31

0.31

0.31

0.25

0.20

0.00

0.00

-

-

-

-

Weighted-Average Common Shares Outstanding (thousands)
Basic (in shares)

441

445

449

453

457

461

466

468

487

508

512

517

521

524

525

528

531

536

540

544

548

554

559

565

584

598

608

619

625

628

630

628

627

-

627

627

-

Diluted (in shares)

441

449

451

455

459

465

469

471

489

513

515

520

524

525

528

531

534

541

544

548

552

560

564

571

589

605

614

624

631

639

637

635

634

-

634

634

-

Includes excise taxes on sales of refined petroleum products for the year ended December 31, 2017, prior to the adoption of Accounting Standards Update No. 2014-09 on January 1, 2018:

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,357

3,508

3,360

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-