10-K Filing

Phillips 66 CIK: 1534701 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001534701-22-000078`
Period End Date	20211231
Filing Date	20220218
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	psx-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 73 Cash Flow Statement 110 Stockholders Equity 55 Comprehensive Income 51

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts and notes receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$44.00M	USD	Point-in-time
Allowance for accounts and notes receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$37.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	2.50B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.15B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.51B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts and notes receivable (net of allowances of $44 million in 2021 and $37 million in 2020)	`AccountsNotesAndLoansReceivableNetCurrent`	$6.14B	USD	Point-in-time
Accounts and notes receivable (net of allowances of $44 million in 2021 and $37 million in 2020)	`AccountsNotesAndLoansReceivableNetCurrent`	$5.69B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	645.69M	shares	Point-in-time
Accounts and notes receivablerelated parties	`DueFromRelatedPartiesCurrent`	$834.00M	USD	Point-in-time
Accounts and notes receivablerelated parties	`DueFromRelatedPartiesCurrent`	$1.33B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	648.64M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	647.42M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	650.03M	shares	Point-in-time
Treasury Stock, shares repurchased (in shares)	`TreasuryStockShares`	206.39M	shares	Point-in-time
Treasury Stock, shares repurchased (in shares)	`TreasuryStockShares`	211.77M	shares	Point-in-time
Inventories	`InventoryNet`	$3.39B	USD	Point-in-time
Treasury Stock, shares repurchased (in shares)	`TreasuryStockShares`	211.77M	shares	Point-in-time
Inventories	`InventoryNet`	$3.89B	USD	Point-in-time
Treasury Stock, shares repurchased (in shares)	`TreasuryStockShares`	189.53M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$686.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$347.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$14.70B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$13.28B	USD	Point-in-time
Investments and long-term receivables	`LongTermInvestmentsAndReceivablesNet`	$13.62B	USD	Point-in-time
Investments and long-term receivables	`LongTermInvestmentsAndReceivablesNet`	$14.47B	USD	Point-in-time
Net properties, plants and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$23.72B	USD	Point-in-time
Net properties, plants and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$22.43B	USD	Point-in-time
Goodwill	`Goodwill`	$1.43B	USD	Point-in-time
Goodwill	`Goodwill`	$3.27B	USD	Point-in-time
Goodwill	`Goodwill`	$1.48B	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$843.00M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$813.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.84B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.69B	USD	Point-in-time
Total Assets	`Assets`	$54.72B	USD	Point-in-time
Total Assets	`Assets`	$58.72B	USD	Point-in-time
Total Assets	`Assets`	$55.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.17B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.63B	USD	Point-in-time
Accounts payablerelated parties	`AccountsPayableRelatedPartiesCurrent`	$378.00M	USD	Point-in-time
Accounts payablerelated parties	`AccountsPayableRelatedPartiesCurrent`	$832.00M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.49B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$987.00M	USD	Point-in-time
Accrued income and other taxes	`TaxesPayableCurrent`	$1.25B	USD	Point-in-time
Accrued income and other taxes	`TaxesPayableCurrent`	$1.35B	USD	Point-in-time
Employee benefit obligations	`EmployeeBenefitObligationsCurrent`	$638.00M	USD	Point-in-time
Employee benefit obligations	`EmployeeBenefitObligationsCurrent`	$573.00M	USD	Point-in-time
Other accruals	`OtherLiabilitiesCurrent`	$959.00M	USD	Point-in-time
Other accruals	`OtherLiabilitiesCurrent`	$1.06B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$9.52B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$12.80B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$12.96B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$14.91B	USD	Point-in-time
Asset retirement obligations and accrued environmental costs	`AssetRetirementObligationsAndAccruedEnvironmentalCost`	$727.00M	USD	Point-in-time
Asset retirement obligations and accrued environmental costs	`AssetRetirementObligationsAndAccruedEnvironmentalCost`	$657.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$5.47B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$5.64B	USD	Point-in-time
Employee benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.34B	USD	Point-in-time
Employee benefit obligations	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Other liabilities and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$940.00M	USD	Point-in-time
Other liabilities and deferred credits	`DeferredCreditsAndOtherLiabilitiesNoncurrent`	$1.13B	USD	Point-in-time
Total Liabilities	`Liabilities`	$33.96B	USD	Point-in-time
Total Liabilities	`Liabilities`	$33.20B	USD	Point-in-time
Common stock (2,500,000,000 shares authorized at $0.01 par value) Issued (2020648,572,012 shares; 2019647,416,633 shares) Par value	`CommonStockValue`	$6.00M	USD	Point-in-time
Common stock (2,500,000,000 shares authorized at $0.01 par value) Issued (2020648,572,012 shares; 2019647,416,633 shares) Par value	`CommonStockValue`	$7.00M	USD	Point-in-time
Capital in excess of par	`AdditionalPaidInCapitalCommonStock`	$20.38B	USD	Point-in-time
Capital in excess of par	`AdditionalPaidInCapitalCommonStock`	$20.50B	USD	Point-in-time
Treasury stock (at cost: 2021 and 2020211,771,827 shares)	`TreasuryStockValue`	$17.12B	USD	Point-in-time
Treasury stock (at cost: 2021 and 2020211,771,827 shares)	`TreasuryStockValue`	$17.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.50B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-445.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-789.00M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$18.98B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$19.17B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.47B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.54B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.15B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.52B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.17B	USD	Point-in-time
Total Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.64B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$55.59B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$54.72B	USD	Point-in-time

Income Statement 73 line items

Line Item	Tag	Value	Unit	Period
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.13B	USD	Annual
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$107.29B	USD	Annual
Sales and other operating revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$111.48B	USD	Annual
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$2.13B	USD	Annual
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$2.90B	USD	Annual
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$1.19B	USD	Annual
Net gain on dispositions	`GainLossOnDisposition`	$18.00M	USD	Annual
Net gain on dispositions	`GainLossOnDisposition`	$108.00M	USD	Annual
Net gain on dispositions	`GainLossOnDisposition`	$20.00M	USD	Annual
Other income	`NonoperatingIncomeExpense`	$66.00M	USD	Annual
Other income	`NonoperatingIncomeExpense`	$454.00M	USD	Annual
Other income	`NonoperatingIncomeExpense`	$119.00M	USD	Annual
Total Revenues and Other Income	`RevenuesAndOtherIncome`	$109.56B	USD	Annual
Total Revenues and Other Income	`RevenuesAndOtherIncome`	$114.85B	USD	Annual
Total Revenues and Other Income	`RevenuesAndOtherIncome`	$65.49B	USD	Annual
Purchased crude oil and products	`CostOfGoodsAndServicesSold`	$102.10B	USD	Annual
Purchased crude oil and products	`CostOfGoodsAndServicesSold`	$57.71B	USD	Annual
Purchased crude oil and products	`CostOfGoodsAndServicesSold`	$95.53B	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$4.56B	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.15B	USD	Annual
Operating expenses	`OtherCostAndExpenseOperating`	$5.07B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.74B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.54B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.68B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.40B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.34B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.60B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$155.00M	USD	1 Quarter
Impairments	`AssetImpairmentCharges`	$861.00M	USD	Annual
Impairments	`AssetImpairmentCharges`	$1.50B	USD	Annual
Impairments	`AssetImpairmentCharges`	$4.25B	USD	Annual
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$464.00M	USD	Annual
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$409.00M	USD	Annual
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$410.00M	USD	Annual
Accretion on discounted liabilities	`AccretionExpenseIncludingAssetRetirementObligations`	$24.00M	USD	Annual
Accretion on discounted liabilities	`AccretionExpenseIncludingAssetRetirementObligations`	$22.00M	USD	Annual
Accretion on discounted liabilities	`AccretionExpenseIncludingAssetRetirementObligations`	$23.00M	USD	Annual
Interest and debt expense	`InterestAndDebtExpense`	$458.00M	USD	Annual
Interest and debt expense	`InterestAndDebtExpense`	$499.00M	USD	Annual
Interest and debt expense	`InterestAndDebtExpense`	$581.00M	USD	Annual
Foreign currency transaction losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.00M	USD	Annual
Foreign currency transaction losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.00M	USD	Annual
Foreign currency transaction losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-12.00M	USD	Annual
Total Costs and Expenses	`CostAndExpenses`	$70.46B	USD	Annual
Total Costs and Expenses	`CostAndExpenses`	$113.11B	USD	Annual
Total Costs and Expenses	`CostAndExpenses`	$105.38B	USD	Annual
Income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$4.18B	USD	Annual
Income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.74B	USD	Annual
Income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-4.96B	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$801.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-1.25B	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$146.00M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$3.38B	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-3.71B	USD	Annual
Net Income (Loss)	`ProfitLoss`	$1.59B	USD	Annual
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$261.00M	USD	Annual
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$301.00M	USD	Annual
Less: net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$277.00M	USD	Annual
Net Income (Loss) Attributable to Phillips 66	`NetIncomeLoss`	$-3.98B	USD	Annual
Net Income (Loss) Attributable to Phillips 66	`NetIncomeLoss`	$1.32B	USD	Annual
Net Income (Loss) Attributable to Phillips 66	`NetIncomeLoss`	$3.08B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.97	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.80	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-9.06	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.97	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-9.06	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.77	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	440.03M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	439.53M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	451.36M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	440.36M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	453.89M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	439.53M	shares	Annual

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$3.38B	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-3.71B	USD	Annual
Net Income (Loss)	`ProfitLoss`	$1.59B	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.40B	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.34B	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.60B	USD	Annual
Impairments	`AssetImpairmentCharges`	$861.00M	USD	Annual
Impairments	`AssetImpairmentCharges`	$1.50B	USD	Annual
Impairments	`AssetImpairmentCharges`	$4.25B	USD	Annual
Accretion on discounted liabilities	`AccretionExpenseIncludingAssetRetirementObligations`	$24.00M	USD	Annual
Accretion on discounted liabilities	`AccretionExpenseIncludingAssetRetirementObligations`	$22.00M	USD	Annual
Accretion on discounted liabilities	`AccretionExpenseIncludingAssetRetirementObligations`	$23.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$183.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-272.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$126.00M	USD	Annual
Undistributed equity earnings	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-334.00M	USD	Annual
Undistributed equity earnings	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$128.00M	USD	Annual
Undistributed equity earnings	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$143.00M	USD	Annual
Net gain on dispositions	`GainLossOnDispositionOfAssets1`	$108.00M	USD	Annual
Net gain on dispositions	`GainLossOnDispositionOfAssets1`	$20.00M	USD	Annual
Net gain on dispositions	`GainLossOnDispositionOfAssets1`	$7.00M	USD	Annual
Unrealized investment gain	`EquitySecuritiesFvNiUnrealizedGainLoss`	$365.00M	USD	Annual
Unrealized investment gain	`EquitySecuritiesFvNiUnrealizedGainLoss`	-	USD	Annual
Unrealized investment gain	`EquitySecuritiesFvNiUnrealizedGainLoss`	-	USD	Annual
Other	`OtherNoncashIncomeExpense`	$51.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-16.00M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-130.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInReceivables`	$-2.02B	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInReceivables`	$922.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInReceivables`	$2.31B	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$71.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$204.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-511.00M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$339.00M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-92.00M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.89B	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.92B	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.94B	USD	Annual
Taxes and other accruals	`IncreaseDecreaseInTaxesAndOtherAccruals`	$-56.00M	USD	Annual
Taxes and other accruals	`IncreaseDecreaseInTaxesAndOtherAccruals`	$-245.00M	USD	Annual
Taxes and other accruals	`IncreaseDecreaseInTaxesAndOtherAccruals`	$517.00M	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$4.81B	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$2.11B	USD	Annual
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$6.02B	USD	Annual
Capital expenditures and investments	`CapitalExpendituresAndInvestments`	$1.86B	USD	Annual
Capital expenditures and investments	`CapitalExpendituresAndInvestments`	$2.92B	USD	Annual
Capital expenditures and investments	`CapitalExpendituresAndInvestments`	$3.87B	USD	Annual
Return of investments in equity affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$267.00M	USD	Annual
Return of investments in equity affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$192.00M	USD	Annual
Return of investments in equity affiliates	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$71.00M	USD	Annual
Proceeds from asset dispositions	`ProceedsFromSaleOfProductiveAssets`	$86.00M	USD	Annual
Proceeds from asset dispositions	`ProceedsFromSaleOfProductiveAssets`	$51.00M	USD	Annual
Proceeds from asset dispositions	`ProceedsFromSaleOfProductiveAssets`	$27.00M	USD	Annual
Advances/loansrelated parties	`PaymentsToFundLongtermLoansToRelatedParties`	$98.00M	USD	Annual
Advances/loansrelated parties	`PaymentsToFundLongtermLoansToRelatedParties`	$310.00M	USD	Annual
Advances/loansrelated parties	`PaymentsToFundLongtermLoansToRelatedParties`	$316.00M	USD	Annual
Collection of advances/loansrelated parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$95.00M	USD	Annual
Collection of advances/loansrelated parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$2.00M	USD	Annual
Collection of advances/loansrelated parties	`ProceedsFromCollectionOfLongtermLoansToRelatedParties`	$44.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-31.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.00M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$130.00M	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.87B	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.69B	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.08B	USD	Annual
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$1.78B	USD	Annual
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$1.44B	USD	Annual
Issuance of debt	`ProceedsFromIssuanceOfDebt`	$5.18B	USD	Annual
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.31B	USD	Annual
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$2.95B	USD	Annual
Repayment of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.05B	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$26.00M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.00M	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$32.00M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.65B	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$443.00M	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$1.57B	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$1.58B	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$1.57B	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$324.00M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$289.00M	USD	Annual
Distributions to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$241.00M	USD	Annual
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$24.00M	USD	Annual
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Repurchase of noncontrolling interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Net proceeds from issuance of Phillips 66 Partners LP common and preferred units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$173.00M	USD	Annual
Net proceeds from issuance of Phillips 66 Partners LP common and preferred units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	-	USD	Annual
Net proceeds from issuance of Phillips 66 Partners LP common and preferred units	`ProceedsFromIssuanceOfCommonLimitedPartnersUnits`	$2.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$269.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-52.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-39.00M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.47B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.79B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.51B	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.00M	USD	Annual
Effect of Exchange Rate Changes on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-42.00M	USD	Annual
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$900.00M	USD	Annual
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$633.00M	USD	Annual
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.41B	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.02B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.15B	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.02B	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.15B	USD	Point-in-time

Stockholders Equity 55 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.15B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.52B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.17B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.64B	USD	Point-in-time
Net income	`ProfitLoss`	$3.38B	USD	Annual
Net income	`ProfitLoss`	$-3.71B	USD	Annual
Net income	`ProfitLoss`	$1.59B	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$344.00M	USD	Annual
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	Annual
Dividends paid on common stock	`DividendsCommonStockCash`	$1.57B	USD	Annual
Dividends paid on common stock	`DividendsCommonStockCash`	$1.58B	USD	Annual
Dividends paid on common stock	`DividendsCommonStockCash`	$1.57B	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$443.00M	USD	Annual
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$1.65B	USD	Annual
Benefit plan activity	`TotalAdjustmentsToEquityFromShareBasedCompensation`	$73.00M	USD	Annual
Benefit plan activity	`TotalAdjustmentsToEquityFromShareBasedCompensation`	$68.00M	USD	Annual
Benefit plan activity	`TotalAdjustmentsToEquityFromShareBasedCompensation`	$108.00M	USD	Annual
Transfer of equity interest	`NonControllingInterestIncreaseFromTransferOfEquityInterest`	$307.00M	USD	Annual
Issuance of Phillips 66 Partners LP common units	`PartnersCapitalAccountSaleOfUnits`	$141.00M	USD	Annual
Impacts from Phillips 66 Partners LP GP/IDR restructuring transaction	`PartnersCapitalAccountIncentiveDistributionRightsRestructuringTransaction`	$-98.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$324.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$241.00M	USD	Annual
Distributions to noncontrolling interests	`NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersNetOfContributionsFromNoncontrollingInterestHolders`	$285.00M	USD	Annual
Other	`StockholdersEquityOther`	$-2.00M	USD	Annual
Repurchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$23.00M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.15B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.52B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$27.17B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$21.64B	USD	Point-in-time
Beginning Balance, Common shares (in shares)	`CommonStockSharesIssued`	645.69M	shares	Point-in-time
Beginning Balance, Common shares (in shares)	`CommonStockSharesIssued`	648.64M	shares	Point-in-time
Beginning Balance, Common shares (in shares)	`CommonStockSharesIssued`	647.42M	shares	Point-in-time
Beginning Balance, Common shares (in shares)	`CommonStockSharesIssued`	650.03M	shares	Point-in-time
Beginning Balance, Treasury stock (in shares)	`TreasuryStockShares`	206.39M	shares	Point-in-time
Beginning Balance, Treasury stock (in shares)	`TreasuryStockShares`	211.77M	shares	Point-in-time
Beginning Balance, Treasury stock (in shares)	`TreasuryStockShares`	211.77M	shares	Point-in-time
Beginning Balance, Treasury stock (in shares)	`TreasuryStockShares`	189.53M	shares	Point-in-time
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	5.38M	shares	Annual
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	Annual
Repurchase of common stock (in shares)	`TreasuryStockSharesAcquired`	16.86M	shares	Annual
Shares issuedshare-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	1.38M	shares	Annual
Shares issuedshare-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	1.23M	shares	Annual
Shares issuedshare-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	1.72M	shares	Annual
Ending Balance, Common shares (in shares)	`CommonStockSharesIssued`	645.69M	shares	Point-in-time
Ending Balance, Common shares (in shares)	`CommonStockSharesIssued`	648.64M	shares	Point-in-time
Ending Balance, Common shares (in shares)	`CommonStockSharesIssued`	647.42M	shares	Point-in-time
Ending Balance, Common shares (in shares)	`CommonStockSharesIssued`	650.03M	shares	Point-in-time
Ending Balance, Treasury stock (in shares)	`TreasuryStockShares`	206.39M	shares	Point-in-time
Ending Balance, Treasury stock (in shares)	`TreasuryStockShares`	211.77M	shares	Point-in-time
Ending Balance, Treasury stock (in shares)	`TreasuryStockShares`	211.77M	shares	Point-in-time
Ending Balance, Treasury stock (in shares)	`TreasuryStockShares`	189.53M	shares	Point-in-time
Dividends Paid Per Share of Common Stock (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$3.60	USD	Annual
Dividends Paid Per Share of Common Stock (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$3.62	USD	Annual
Dividends Paid Per Share of Common Stock (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$3.50	USD	Annual

Comprehensive Income 51 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$3.38B	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-3.71B	USD	Annual
Net Income (Loss)	`ProfitLoss`	$1.59B	USD	Annual
Net actuarial gain (loss) arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-156.00M	USD	Annual
Net actuarial gain (loss) arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-261.00M	USD	Annual
Net actuarial gain (loss) arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$320.00M	USD	Annual
Prior service credit arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	-	USD	Annual
Prior service credit arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	-	USD	Annual
Prior service credit arising during the period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$-2.00M	USD	Annual
Amortization of net actuarial loss, prior service credit and settlements	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-63.00M	USD	Annual
Amortization of net actuarial loss, prior service credit and settlements	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-122.00M	USD	Annual
Amortization of net actuarial loss, prior service credit and settlements	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-144.00M	USD	Annual
Plans sponsored by equity affiliates	`OtherComprehensiveIncomeLossDefinedBenefitPlanNonSponsoredPlansReclassificationAdjustmentFromAOCIBeforeTax`	$-77.00M	USD	Annual
Plans sponsored by equity affiliates	`OtherComprehensiveIncomeLossDefinedBenefitPlanNonSponsoredPlansReclassificationAdjustmentFromAOCIBeforeTax`	$96.00M	USD	Annual
Plans sponsored by equity affiliates	`OtherComprehensiveIncomeLossDefinedBenefitPlanNonSponsoredPlansReclassificationAdjustmentFromAOCIBeforeTax`	$-21.00M	USD	Annual
Income taxes on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$41.00M	USD	Annual
Income taxes on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$21.00M	USD	Annual
Income taxes on defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-127.00M	USD	Annual
Defined benefit plans, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$91.00M	USD	Annual
Defined benefit plans, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$153.00M	USD	Annual
Defined benefit plans, net of income taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-411.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$94.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-74.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$156.00M	USD	Annual
Income taxes on foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-4.00M	USD	Annual
Income taxes on foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$5.00M	USD	Annual
Income taxes on foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.00M	USD	Annual
Foreign currency translation adjustments, net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$151.00M	USD	Annual
Foreign currency translation adjustments, net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-70.00M	USD	Annual
Foreign currency translation adjustments, net of income taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$95.00M	USD	Annual
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-5.00M	USD	Annual
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$-15.00M	USD	Annual
Cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax`	$3.00M	USD	Annual
Income taxes on hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-4.00M	USD	Annual
Income taxes on hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	Annual
Income taxes on hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.00M	USD	Annual
Hedging activities, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-11.00M	USD	Annual
Hedging activities, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.00M	USD	Annual
Hedging activities, net of income taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.00M	USD	Annual
Other Comprehensive Income (Loss), Net of Income Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-6.00M	USD	Annual
Other Comprehensive Income (Loss), Net of Income Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$344.00M	USD	Annual
Other Comprehensive Income (Loss), Net of Income Taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-3.72B	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.94B	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.37B	USD	Annual
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$261.00M	USD	Annual
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$277.00M	USD	Annual
Less: comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$301.00M	USD	Annual
Comprehensive Income (Loss) Attributable to Phillips 66	`ComprehensiveIncomeNetOfTax`	$-3.98B	USD	Annual
Comprehensive Income (Loss) Attributable to Phillips 66	`ComprehensiveIncomeNetOfTax`	$3.07B	USD	Annual
Comprehensive Income (Loss) Attributable to Phillips 66	`ComprehensiveIncomeNetOfTax`	$1.66B	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.