Below are the financial statements of Phillips 66, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues and other income | — | — | — |
Sales and other operating revenues | 143,153a | 147,399a | 169,990a |
Equity in earnings of affiliates | 1,779a | 2,017a | 2,968a |
Net gain on dispositions | 321a | 115a | 7a |
Other income | 243a | 359a | 2,737a |
Total revenues and other income | 145,496a | 149,890a | 175,702a |
Costs and expenses | — | — | — |
Purchased crude oil and products | -129,962a | -128,086a | -149,932a |
Operating expenses | -5,939a | -6,154a | -6,111a |
Selling, general and administrative expenses | -2,814a | -2,525a | -2,168a |
Depreciation and amortization | -2,363a | -1,977a | -1,629a |
Impairments | -456a | -24a | -60a |
Taxes other than income taxes | -329a | -707a | -530a |
Accretion on discounted liabilities | -40a | -29a | -23a |
Interest and debt expense | -907a | -897a | -619a |
Foreign currency transaction (gains) losses | 11a | 22a | -9a |
Total costs and expenses | -142,821a | -140,421a | -161,063a |
Income before income taxes | 2,675a | 9,469a | 14,639a |
Income tax expense | -500a | -2,230a | -3,248a |
Net income | 2,175a | 7,239a | 11,391a |
Less: net income attributable to noncontrolling interests | 58a | 224a | 367a |
Net income attributable to Phillips 66 | 2,117a | 7,015a | 11,024a |
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