Phillips 66 partners lp (PSXP)
Balance Sheet / 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'13
Assets
Cash and cash equivalents

92

286

655

130

2

1

100

151

167

185

2

1

1

2

19

35

20

50

72

104

137

17

43

34

21

425

421

Accounts receivable—related parties

91

101

97

-

-

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

24

-

9

Accounts receivable—third parties

4

4

4

88

90

5

5

6

3

3

4

4

6

7

1

1

1

7

0

0

0

1

0

0

0

0

0

Materials and supplies

13

13

13

13

13

13

12

13

13

12

12

12

12

11

5

5

5

8

2

2

2

2

2

2

2

2

0

Prepaid Expense and Other Assets, Current

14

10

5

9

11

20

10

10

12

9

3

5

3

4

3

-

-

2

-

-

-

-

-

-

-

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3

1

2

2

2

2

2

2

2

1

2

3

Total current assets

214

414

774

240

116

129

239

263

283

292

87

94

88

100

70

83

64

91

105

133

170

45

67

58

48

441

434

Equity Method Investments

3,136

2,961

2,921

2,912

2,897

2,448

2,215

2,104

1,986

1,932

1,874

1,212

1,176

1,142

1,103

1,007

967

945

858

835

800

-

-

-

-

-

-

Property, Plant and Equipment, Net

3,410

3,349

3,258

3,158

3,104

3,052

2,999

2,948

2,925

2,918

2,893

2,670

2,669

2,675

1,674

1,672

1,641

2,437

489

481

465

1,030

273

274

273

325

135

Goodwill

185

185

185

185

185

185

185

185

185

185

185

185

185

185

2

2

2

182

2

2

2

2

2

2

2

2

2

Deferred rentals and other assets

-

-

-

-

-

-

5

6

7

7

7

-

-

7

-

-

5

6

5

5

5

-

6

6

6

6

-

Intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

-

-

-

-

Deferred rentalsrelated parties

-

-

-

-

-

-

-

-

-

-

-

5

5

-

5

5

-

-

-

-

-

5

-

-

-

-

6

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

0

0

0

0

-

-

Other assets

52

52

52

49

51

5

-

-

-

-

-

2

2

-

24

0

0

1

10

10

9

0

0

0

0

-

-

Total Assets

6,997

6,961

7,190

6,544

6,353

5,819

5,643

5,506

5,386

5,334

5,046

4,168

4,125

4,109

2,880

2,772

2,682

3,662

1,471

1,469

1,454

1,093

350

342

332

775

578

Liabilities
Accounts payable—related parties

24

19

19

19

21

22

21

21

20

21

10

14

11

12

7

5

5

4

2

4

7

18

2

3

2

5

5

Accounts payable—third parties

75

84

79

74

82

88

99

49

30

39

31

27

28

31

19

20

15

82

9

13

14

112

4

4

6

17

3

Accrued interest

46

42

34

37

32

36

32

36

32

34

29

27

28

26

5

16

5

22

5

14

4

8

-

-

-

-

-

Contract with Customer, Liability, Current

19

16

19

17

22

60

60

61

60

35

25

24

18

14

10

6

5

4

6

3

1

0

3

1

2

-

-

Short-term Debt

25

25

325

150

15

50

0

25

25

25

42

25

2

15

50

-

-

0

-

-

-

-

-

-

-

-

-

Payroll and benefits payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3

-

-

-

0

-

0

0

0

0

Accrued property and other taxes

12

10

28

18

13

9

24

16

18

15

21

15

16

10

11

11

9

14

6

5

3

3

3

2

2

2

1

Accrued interestrelated parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

0

-

-

Current portion of accrued environmental costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

-

-

-

0

0

2

-

Other current liabilities

3

3

8

2

3

5

2

2

1

2

1

1

1

3

1

0

0

4

0

-

0

0

-

0

0

0

0

Total current liabilities

204

199

512

317

188

270

238

210

186

171

159

133

104

111

104

61

43

133

30

40

31

143

14

13

15

27

10

Notes payablerelated party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

212

212

964

-

-

-

763

160

160

160

-

-

Long-term debt

3,491

3,491

3,490

3,174

3,173

2,998

2,922

2,921

2,921

2,920

2,348

2,227

2,357

2,396

1,091

1,131

1,090

1,091

1,099

1,099

1,099

18

-

-

-

-

-

Obligation from equity interest transfer

356

343

340

341

341

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset Retirement Obligations And Accrued Environmental Cost

-

-

-

-

-

-

11

12

11

11

-

-

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

7

7

6

5

5

2

2

2

1

0

0

1

0

0

0

-

-

0

0

0

0

Deferred revenues and other liabilities

93

94

94

96

97

42

22

23

28

66

22

23

23

23

19

19

-

14

0

0

0

0

0

0

-

-

-

Asset retirement obligations

-

-

-

-

-

-

-

-

-

-

10

10

9

-

4

4

3

11

3

3

3

4

2

2

2

2

0

Accrued environmental costs

-

-

-

-

-

-

-

-

-

-

2

2

2

-

0

0

0

4

0

0

-

-

-

0

0

1

0

Deferred revenuesrelated partieslong-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

-

-

-

-

-

-

-

-

-

-

Total Liabilities

4,144

4,127

4,436

3,928

3,799

3,310

3,200

3,173

3,152

3,173

2,546

2,397

2,497

2,543

1,222

1,429

1,368

2,218

1,134

1,144

1,135

930

177

176

177

31

10

Equity
General partner—Phillips 66 (2019—0 units issued and outstanding; 2018—2,480,051 units issued and outstanding)

-

-

0

-1,310

-1,315

-1,313

-1,320

-1,332

-1,338

-1,345

-662

-678

-687

-704

-599

-605

-646

-650

-649

-653

-656

-517

-406

-407

-409

11

11

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

851

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-1

-0

-0

-2

-1

-1

-1

-

-

-

-

-

-

Partners' Capital

2,853

2,834

2,754

2,616

2,554

2,509

2,443

2,333

2,234

2,161

2,500

1,771

1,628

1,566

1,658

1,342

1,314

1,444

336

324

318

163

173

166

154

744

568

Total Liabilities and Equity

6,997

6,961

7,190

6,544

6,353

5,819

5,643

5,506

5,386

5,334

5,046

4,168

4,125

4,109

2,880

2,772

2,682

3,662

1,471

1,469

1,454

1,093

350

342

332

775

578

Affiliated Entity
Accounts receivable—related parties

-

-

-

85

87

-

112

83

88

83

66

72

66

76

39

37

36

22

26

23

27

21

18

-

-

11

-

Third Party
Accounts receivable—third parties

-

-

-

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Public
Preferred unitholders (2018 and 2017—13,819,791 units issued and outstanding)

-

-

-

-

-

-

-

-

746

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Unitholders Public
Partners' Capital

-

-

-

-

-

-

-

-

-

746

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-