$PSX
Phillips 66 Stock $psx

$psx Overview Financials Valuation SEC Filings Company Website

2016 Q3 Form 10-Q Financial Statement

#000153470116000175 Filed on October 28, 2016

Income Statement

Concept	2016 Q3	2015 Q3
Revenue	$21.62B	$25.79B
YoY Change	-16.16%	-36.19%
Cost Of Revenue	$19.35B	$22.09B
YoY Change	-12.4%	-40.9%
Gross Profit	$2.276B	$3.699B
YoY Change	-38.47%	21.92%
Gross Profit Margin	10.53%	14.34%
Selling, General & Admin	$411.0M	$437.0M
YoY Change	-5.95%	8.98%
% of Gross Profit	18.06%	11.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$293.0M	$270.0M
YoY Change	8.52%	8.43%
% of Gross Profit	12.87%	7.3%
Operating Expenses	$411.0M	$437.0M
YoY Change	-5.95%	8.98%
Operating Profit	$1.865B	$3.262B
YoY Change	-42.83%	23.89%
Interest Expense	$357.0M	$511.0M
YoY Change	-30.14%	16.67%
% of Operating Profit	19.14%	15.67%
Other Income/Expense, Net	$24.00M	$20.00M
YoY Change	20.0%	81.82%
Pretax Income	$813.0M	$2.359B
YoY Change	-65.54%	36.6%
Income Tax	$277.0M	$767.0M
% Of Pretax Income	34.07%	32.51%
Net Earnings	$511.0M	$1.578B
YoY Change	-67.62%	33.73%
Net Earnings / Revenue	2.36%	6.12%
Basic Earnings Per Share	$0.97	$2.92
Diluted Earnings Per Share	$0.96	$2.90
COMMON SHARES
Basic Shares Outstanding	526.0M shares	540.4M shares
Diluted Shares Outstanding	528.8M shares	544.7M shares

Balance Sheet

Concept	2016 Q3	2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.337B	$4.822B
YoY Change	-51.53%	55.15%
Cash & Equivalents	$2.337B	$4.822B
Short-Term Investments
Other Short-Term Assets	$721.0M	$641.0M
YoY Change	12.48%	-0.93%
Inventory	$3.905B	$4.388B
Prepaid Expenses
Receivables	$5.001B	$5.198B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$11.96B	$15.05B
YoY Change	-20.5%	-17.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$20.45B	$19.26B
YoY Change	6.18%	13.6%
Goodwill	$3.267B	$3.275B
YoY Change	-0.24%	0.0%
Intangibles	$892.0M	$879.0M
YoY Change	1.48%	7.33%
Long-Term Investments	$13.28B	$10.60B
YoY Change	25.24%	3.56%
Other Assets	$407.0M	$354.0M
YoY Change	14.97%	103.45%
Total Long-Term Assets	$38.29B	$34.37B
YoY Change	11.42%	9.25%
TOTAL ASSETS
Total Short-Term Assets	$11.96B	$15.05B
Total Long-Term Assets	$38.29B	$34.37B
Total Assets	$50.25B	$49.42B
YoY Change	1.7%	-0.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$5.767B	$6.151B
YoY Change	-6.24%	-40.75%
Accrued Expenses	$1.955B	$1.970B
YoY Change	-0.76%	-12.99%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.583B	$43.00M
YoY Change	3581.4%	22.86%
Total Short-Term Liabilities	$10.10B	$8.875B
YoY Change	13.8%	-35.54%
LONG-TERM LIABILITIES
Long-Term Debt	$7.275B	$8.908B
YoY Change	-18.33%	44.19%
Other Long-Term Liabilities	$2.000B	$2.199B
YoY Change	-9.05%	17.16%
Total Long-Term Liabilities	$9.275B	$11.11B
YoY Change	-16.49%	37.89%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.10B	$8.875B
Total Long-Term Liabilities	$9.275B	$11.11B
Total Liabilities	$25.94B	$25.38B
YoY Change	2.21%	-7.55%
SHAREHOLDERS EQUITY
Retained Earnings	$12.78B	$12.00B
YoY Change	6.46%	42.2%
Common Stock	$19.48B	$19.12B
YoY Change	1.87%	0.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$8.558B	$7.340B
YoY Change	16.59%	28.73%
Treasury Stock Shares	120.1M shares	105.2M shares
Shareholders Equity	$22.91B	$23.19B
YoY Change
Total Liabilities & Shareholders Equity	$50.25B	$49.42B
YoY Change	1.7%	-0.47%

Cashflow Statement

Concept	2016 Q3	2015 Q3
OPERATING ACTIVITIES
Net Income	$511.0M	$1.578B
YoY Change	-67.62%	33.73%
Depreciation, Depletion And Amortization	$293.0M	$270.0M
YoY Change	8.52%	8.43%
Cash From Operating Activities	$883.0M	$1.437B
YoY Change	-38.55%	234.97%
INVESTING ACTIVITIES
Capital Expenditures	-$661.0M	-$992.0M
YoY Change	-33.37%	-34.48%
Acquisitions
YoY Change
Other Investing Activities	$110.0M	$28.00M
YoY Change	292.86%	-78.95%
Cash From Investing Activities	-$551.0M	-$964.0M
YoY Change	-42.84%	-30.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-230.0M	-699.0M
YoY Change	-67.1%	-10.15%
NET CHANGE
Cash From Operating Activities	883.0M	1.437B
Cash From Investing Activities	-551.0M	-964.0M
Cash From Financing Activities	-230.0M	-699.0M
Net Change In Cash	102.0M	-226.0M
YoY Change	-145.13%	-86.94%
FREE CASH FLOW
Cash From Operating Activities	$883.0M	$1.437B
Capital Expenditures	-$661.0M	-$992.0M
Free Cash Flow	$1.544B	$2.429B
YoY Change	-36.43%	25.01%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001534701
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	520850205	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Phillips 66
	dei	Trading Symbol TradingSymbol	PSX
CY2015Q4	psx	Accounts And Notes Receivable Net Including Related Parties AccountsAndNotesReceivableNetIncludingRelatedParties	5173000000	USD
CY2016Q3	psx	Accounts And Notes Receivable Net Including Related Parties AccountsAndNotesReceivableNetIncludingRelatedParties	5001000000	USD
CY2015Q4	psx	Accounts And Notes Receivable Net Of Allowance AccountsAndNotesReceivableNetOfAllowance	4411000000	USD
CY2016Q3	psx	Accounts And Notes Receivable Net Of Allowance AccountsAndNotesReceivableNetOfAllowance	4101000000	USD
CY2015Q4	psx	Accounts Payable Including Related Parties AccountsPayableIncludingRelatedParties	5655000000	USD
CY2016Q3	psx	Accounts Payable Including Related Parties AccountsPayableIncludingRelatedParties	6562000000	USD
CY2015Q4	psx	Asset Retirement Obligations And Accrued Environmental Cost AssetRetirementObligationsAndAccruedEnvironmentalCost	665000000	USD
CY2016Q3	psx	Asset Retirement Obligations And Accrued Environmental Cost AssetRetirementObligationsAndAccruedEnvironmentalCost	654000000	USD
	psx	Capital Expenditures And Investments CapitalExpendituresAndInvestments	3286000000	USD
	psx	Capital Expenditures And Investments CapitalExpendituresAndInvestments	2031000000	USD
CY2015Q4	psx	Common Stock And Other CommonStockAndOther	11405000000	USD
CY2016Q3	psx	Common Stock And Other CommonStockAndOther	10922000000	USD
CY2015Q3	psx	Cost And Expenses CostAndExpenses	24058000000	USD
	psx	Cost And Expenses CostAndExpenses	73708000000	USD
CY2016Q3	psx	Cost And Expenses CostAndExpenses	21229000000	USD
	psx	Cost And Expenses CostAndExpenses	59980000000	USD
CY2015Q4	psx	Difference In Carrying Value And Fair Value Liability DifferenceInCarryingValueAndFairValueLiability	195000000	USD
CY2016Q3	psx	Difference In Carrying Value And Fair Value Liability DifferenceInCarryingValueAndFairValueLiability	-935000000	USD
CY2015Q4	psx	Employee Benefit Obligations Current EmployeeBenefitObligationsCurrent	576000000	USD
CY2016Q3	psx	Employee Benefit Obligations Current EmployeeBenefitObligationsCurrent	453000000	USD
CY2015Q4	psx	Estimated Percentage Of Derivative Contract Volume Expiring Within Twelve Months EstimatedPercentageOfDerivativeContractVolumeExpiringWithinTwelveMonths	0.99
CY2016Q3	psx	Estimated Percentage Of Derivative Contract Volume Expiring Within Twelve Months EstimatedPercentageOfDerivativeContractVolumeExpiringWithinTwelveMonths	0.97
	psx	Expected Years To Incur Majority Of Expenditures1 ExpectedYearsToIncurMajorityOfExpenditures1	P30Y
CY2015Q3	psx	Gain Loss On Disposition GainLossOnDisposition	22000000	USD
	psx	Gain Loss On Disposition GainLossOnDisposition	283000000	USD
CY2016Q3	psx	Gain Loss On Disposition GainLossOnDisposition	3000000	USD
	psx	Gain Loss On Disposition GainLossOnDisposition	9000000	USD
	psx	Increase Decrease In Taxes And Other Accruals IncreaseDecreaseInTaxesAndOtherAccruals	-33000000	USD
	psx	Increase Decrease In Taxes And Other Accruals IncreaseDecreaseInTaxesAndOtherAccruals	223000000	USD
	psx	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Adjustments To Additional Paid In Capital Other MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAndAdjustmentsToAdditionalPaidInCapitalOther	30000000	USD
	psx	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Adjustments To Additional Paid In Capital Other MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAndAdjustmentsToAdditionalPaidInCapitalOther	45000000	USD
CY2015Q4	psx	Non Monetary Notional Amount Of Price Risk Derivative Instruments Not Designated As Hedging Instruments Short Position NonMonetaryNotionalAmountOfPriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsShortPosition	17	MMBbls
CY2016Q3	psx	Non Monetary Notional Amount Of Price Risk Derivative Instruments Not Designated As Hedging Instruments Short Position NonMonetaryNotionalAmountOfPriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsShortPosition	37	MMBbls
CY2016Q1	psx	Number Of Classifications NumberOfClassifications	2	classification
CY2016Q1	psx	Number Of Provisions NumberOfProvisions	1	provision
CY2015Q3	psx	Other Comprehensive Income Loss Non Sponsored Defined Benefit Plans Before Tax OtherComprehensiveIncomeLossNonSponsoredDefinedBenefitPlansBeforeTax	4000000	USD
	psx	Other Comprehensive Income Loss Non Sponsored Defined Benefit Plans Before Tax OtherComprehensiveIncomeLossNonSponsoredDefinedBenefitPlansBeforeTax	14000000	USD
CY2016Q3	psx	Other Comprehensive Income Loss Non Sponsored Defined Benefit Plans Before Tax OtherComprehensiveIncomeLossNonSponsoredDefinedBenefitPlansBeforeTax	2000000	USD
	psx	Other Comprehensive Income Loss Non Sponsored Defined Benefit Plans Before Tax OtherComprehensiveIncomeLossNonSponsoredDefinedBenefitPlansBeforeTax	11000000	USD
CY2015Q3	psx	Period Of Deferral Of Effective Date PeriodOfDeferralOfEffectiveDate	P1Y
	psx	Proceeds From Asset Dispositions ProceedsFromAssetDispositions	68000000	USD
	psx	Proceeds From Asset Dispositions ProceedsFromAssetDispositions	159000000	USD
	psx	Proceeds From Payments For Issuance Of Common Stock ProceedsFromPaymentsForIssuanceOfCommonStock	-27000000	USD
	psx	Proceeds From Payments For Issuance Of Common Stock ProceedsFromPaymentsForIssuanceOfCommonStock	-30000000	USD
CY2015Q3	psx	Related Party Transaction Purchases From Transactions With Related Party RelatedPartyTransactionPurchasesFromTransactionsWithRelatedParty	1927000000	USD
	psx	Related Party Transaction Purchases From Transactions With Related Party RelatedPartyTransactionPurchasesFromTransactionsWithRelatedParty	6281000000	USD
CY2016Q3	psx	Related Party Transaction Purchases From Transactions With Related Party RelatedPartyTransactionPurchasesFromTransactionsWithRelatedParty	2118000000	USD
	psx	Related Party Transaction Purchases From Transactions With Related Party RelatedPartyTransactionPurchasesFromTransactionsWithRelatedParty	5769000000	USD
CY2015Q3	psx	Revenues And Other Income RevenuesAndOtherIncome	26417000000	USD
	psx	Revenues And Other Income RevenuesAndOtherIncome	78920000000	USD
CY2016Q3	psx	Revenues And Other Income RevenuesAndOtherIncome	22042000000	USD
	psx	Revenues And Other Income RevenuesAndOtherIncome	62109000000	USD
CY2015Q3	psx	Taxes Other Than Income Taxes TaxesOtherThanIncomeTaxes	3610000000	USD
	psx	Taxes Other Than Income Taxes TaxesOtherThanIncomeTaxes	10621000000	USD
CY2016Q3	psx	Taxes Other Than Income Taxes TaxesOtherThanIncomeTaxes	3424000000	USD
	psx	Taxes Other Than Income Taxes TaxesOtherThanIncomeTaxes	10479000000	USD
	psx	Total Adjustments To Equity From Share Based Compensation TotalAdjustmentsToEquityFromShareBasedCompensation	64000000	USD
	psx	Total Adjustments To Equity From Share Based Compensation TotalAdjustmentsToEquityFromShareBasedCompensation	55000000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	5155000000	USD
CY2016Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	5767000000	USD
CY2015Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	500000000	USD
CY2016Q3	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	795000000	USD
CY2015Q3	us-gaap	Accretion Expense Including Asset Retirement Obligations AccretionExpenseIncludingAssetRetirementObligations	5000000	USD
	us-gaap	Accretion Expense Including Asset Retirement Obligations AccretionExpenseIncludingAssetRetirementObligations	16000000	USD
CY2016Q3	us-gaap	Accretion Expense Including Asset Retirement Obligations AccretionExpenseIncludingAssetRetirementObligations	5000000	USD
	us-gaap	Accretion Expense Including Asset Retirement Obligations AccretionExpenseIncludingAssetRetirementObligations	15000000	USD
CY2015Q4	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	485000000	USD
CY2016Q3	us-gaap	Accrual For Environmental Loss Contingencies AccrualForEnvironmentalLossContingencies	484000000	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10589000000	USD
CY2016Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10915000000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-531000000	USD
CY2015Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-588000000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-653000000	USD
CY2016Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-792000000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	19145000000	USD
CY2016Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	19474000000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	55000000	USD
CY2016Q3	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	38000000	USD
CY2015Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	1000000	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	3000000	USD
CY2016Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	2000000	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	4000000	USD
CY2015Q4	us-gaap	Assets Assets	48580000000	USD
CY2016Q3	us-gaap	Assets Assets	50254000000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	12256000000	USD
CY2016Q3	us-gaap	Assets Current AssetsCurrent	11964000000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5207000000	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4822000000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3074000000	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2337000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-385000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-737000000	USD
CY2015Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.56
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.62
CY2016Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.63
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.82
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2500000000	shares
CY2016Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2500000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	637032000	shares
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	638634000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	639336287	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	639336000	shares
CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	640916732	shares
CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	640917000	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	6000000	USD
CY2016Q3	us-gaap	Common Stock Value CommonStockValue	6000000	USD
CY2015Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1459000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3520000000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	471000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1253000000	USD
CY2015Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	14000000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	37000000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	25000000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	58000000	USD
CY2015Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1473000000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3557000000	USD
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	496000000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1311000000	USD
CY2015Q3	us-gaap	Cost Of Purchased Oil And Gas CostOfPurchasedOilAndGas	18580000000	USD
	us-gaap	Cost Of Purchased Oil And Gas CostOfPurchasedOilAndGas	57528000000	USD
CY2016Q3	us-gaap	Cost Of Purchased Oil And Gas CostOfPurchasedOilAndGas	15961000000	USD
	us-gaap	Cost Of Purchased Oil And Gas CostOfPurchasedOilAndGas	44089000000	USD
CY2015Q4	us-gaap	Debt Current DebtCurrent	44000000	USD
CY2016Q3	us-gaap	Debt Current DebtCurrent	1583000000	USD
CY2015Q4	us-gaap	Deferred Credits And Other Liabilities Noncurrent DeferredCreditsAndOtherLiabilitiesNoncurrent	277000000	USD
CY2016Q3	us-gaap	Deferred Credits And Other Liabilities Noncurrent DeferredCreditsAndOtherLiabilitiesNoncurrent	285000000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-125000000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	467000000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	6041000000	USD
CY2016Q3	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	6568000000	USD
CY2015Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	270000000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	797000000	USD
CY2016Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	293000000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	863000000	USD
	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	0	USD
CY2016Q3	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	4000000	USD
	us-gaap	Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet	-12000000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	874000000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	954000000	USD
CY2015Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	762000000	USD
CY2016Q3	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	900000000	USD
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.92
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	6.56
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.97
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.62
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.90
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	6.52
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.96
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.61
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	15000000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	11000000	USD
	us-gaap	Effect Of Lifo Inventory Liquidation On Income EffectOfLIFOInventoryLiquidationOnIncome	-37000000	USD
CY2016Q3	us-gaap	Effect Of Lifo Inventory Liquidation On Income EffectOfLIFOInventoryLiquidationOnIncome	-13000000	USD
	us-gaap	Effect Of Lifo Inventory Liquidation On Income EffectOfLIFOInventoryLiquidationOnIncome	-71000000	USD
CY2015Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.33
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.31
CY2016Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.34
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.32
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2015Q4	us-gaap	Excess Of Replacement Or Current Costs Over Stated Lifo Value ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue	1300000000	USD
CY2016Q3	us-gaap	Excess Of Replacement Or Current Costs Over Stated Lifo Value ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue	3000000000	USD
CY2015Q3	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	3513000000	USD
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	10338000000	USD
CY2016Q3	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	3357000000	USD
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	10225000000	USD
CY2016Q3	us-gaap	Fair Value Assets Level2 To Level1 Transfers Amount FairValueAssetsLevel2ToLevel1TransfersAmount	180000000	USD
CY2016Q3	us-gaap	Fair Value Liabilities Level2 To Level1 Transfers Amount FairValueLiabilitiesLevel2ToLevel1TransfersAmount	149000000	USD
CY2015Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-1000000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-50000000	USD
CY2016Q3	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	9000000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	16000000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	3275000000	USD
CY2016Q3	us-gaap	Goodwill Goodwill	3267000000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1578000000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	3577000000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	511000000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1392000000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2359000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5212000000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	813000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2129000000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	1592000000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	3614000000	USD
CY2016Q3	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	536000000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	1450000000	USD
CY2015Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	583000000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1446000000	USD
CY2016Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	391000000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1159000000	USD
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-17000000	USD
	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	772000000	USD
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	767000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1598000000	USD
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	277000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	679000000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1136000000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1025000000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1047000000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	510000000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-165000000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	453000000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-2158000000	USD
	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-185000000	USD
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	4339000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	4672000	shares
CY2016Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	2807000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	3000000	shares
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	906000000	USD
CY2016Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	892000000	USD
CY2015Q3	us-gaap	Interest And Debt Expense InterestAndDebtExpense	71000000	USD
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	236000000	USD
CY2016Q3	us-gaap	Interest And Debt Expense InterestAndDebtExpense	81000000	USD
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	250000000	USD
CY2015Q4	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	3214000000	USD
CY2016Q3	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	3643000000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	3477000000	USD
CY2016Q3	us-gaap	Inventory Net InventoryNet	3905000000	USD
CY2015Q4	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	3085000000	USD
CY2016Q3	us-gaap	Lifo Inventory Amount LIFOInventoryAmount	3537000000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	24642000000	USD
CY2016Q3	us-gaap	Liabilities Liabilities	25943000000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	48580000000	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	50254000000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	7531000000	USD
CY2016Q3	us-gaap	Liabilities Current LiabilitiesCurrent	10100000000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	8843000000	USD
CY2016Q3	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	7275000000	USD
CY2015Q4	us-gaap	Long Term Investments And Receivables Net LongTermInvestmentsAndReceivablesNet	12143000000	USD
CY2016Q3	us-gaap	Long Term Investments And Receivables Net LongTermInvestmentsAndReceivablesNet	13277000000	USD
CY2015Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	8629000000	USD
CY2016Q3	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	8582000000	USD
CY2015Q4	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	50000000	USD
CY2016Q3	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	100000000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	838000000	USD
CY2016Q3	us-gaap	Minority Interest MinorityInterest	1406000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-1400000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-881000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-3216000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2163000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	4216000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	2296000000	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	14000000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	37000000	USD
CY2016Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	25000000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	58000000	USD
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1577000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3572000000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	509000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1387000000	USD
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1578000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	3577000000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	510000000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1389000000	USD
CY2015Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	20000000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	109000000	USD
CY2016Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	24000000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	59000000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	279000000	USD
CY2016Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	407000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-151000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-184000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	3000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-7000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax	31000000	USD
	us-gaap	Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax	31000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-106000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-91000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-61000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-183000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-111000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-88000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-62000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-187000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	5000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-3000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	1000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	4000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-119000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-57000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-40000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-139000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	8000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-31000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-19000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-55000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-116000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-116000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-28000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-28000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	6000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-14000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-9000000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-29000000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-98000000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-147000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-23000000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax	-70000000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	1000000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-5000000	USD
CY2015Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1083000000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	3220000000	USD
CY2016Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1061000000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	3078000000	USD
CY2015Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	263000000	USD
CY2016Q3	us-gaap	Other Inventory Supplies OtherInventorySupplies	262000000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	378000000	USD
CY2016Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	633000000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-70000000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	192000000	USD
CY2015Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	1000000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	5000000	USD
CY2016Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	2000000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	5000000	USD
CY2016Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	1000000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	3000000	USD
	us-gaap	Partners Capital Account Sale Of Units PartnersCapitalAccountSaleOfUnits	384000000	USD
	us-gaap	Partners Capital Account Sale Of Units PartnersCapitalAccountSaleOfUnits	818000000	USD
	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	50000000	USD
	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	266000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	132000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1106000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	812000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	874000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	954000000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	30000000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	45000000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1285000000	USD
CY2016Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	721000000	USD
	us-gaap	Proceeds From Collection Of Advance To Affiliate ProceedsFromCollectionOfAdvanceToAffiliate	50000000	USD
CY2016Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1061000000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	532000000	USD
	us-gaap	Proceeds From Collection Of Advance To Affiliate ProceedsFromCollectionOfAdvanceToAffiliate	107000000	USD
	us-gaap	Proceeds From Issuance Of Common Limited Partners Units ProceedsFromIssuanceOfCommonLimitedPartnersUnits	384000000	USD
	us-gaap	Proceeds From Issuance Of Common Limited Partners Units ProceedsFromIssuanceOfCommonLimitedPartnersUnits	972000000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	1169000000	USD
	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	400000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	2000000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	6000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	30310000000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	31362000000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	19721000000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20447000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-94000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-45000000	USD
CY2015Q3	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	29000000	USD
	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	91000000	USD
CY2016Q3	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	31000000	USD
	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	92000000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	918000000	USD
	us-gaap	Repayments Of Debt And Capital Lease Obligations RepaymentsOfDebtAndCapitalLeaseObligations	418000000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	12348000000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	12775000000	USD
CY2015Q3	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	581000000	USD
	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	1872000000	USD
CY2016Q3	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	588000000	USD
	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	1544000000	USD
CY2015Q3	us-gaap	Sales Revenue Net SalesRevenueNet	25792000000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	77082000000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	21624000000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	60882000000	USD
CY2015Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	437000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1237000000	USD
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	411000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1218000000	USD
	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	1602000	shares
	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	1581000	shares
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	23100000000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	22905000000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	22037000000	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	24032000000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	23938000000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	24311000000	USD
CY2015Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	878000000	USD
CY2016Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	869000000	USD
CY2014Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	90650000	shares
CY2015Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	105194000	shares
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	109925907	shares
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	109926000	shares
CY2016Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	120066527	shares
CY2016Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	120067000	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	14544000	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	10141000	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	7746000000	USD
CY2016Q3	us-gaap	Treasury Stock Value TreasuryStockValue	8558000000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1106000000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	812000000	USD
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	544696000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	549034000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	528798000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	531650000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	4739000	shares
	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	4746000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	4176000	shares
	us-gaap	Weighted Average Number Of Shares Contingently Issuable WeightedAverageNumberOfSharesContingentlyIssuable	4285000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	535618000	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	539616000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	521815000	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	524365000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	540357000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	544362000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	525991000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	528650000	shares
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">New Accounting Standards</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;"> </font></div><div style="line-height:120%;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” which clarifies the treatment of several cash flow categories. In addition, ASU No. 2016-15 clarifies that when cash receipts and cash payments have aspects of more than one class of cash flows and cannot be separated, classification will depend on the predominant source or use. Public business entities should apply the guidance in ASU No. 2016-15 for annual periods beginning after December 15, 2017, including interim periods within those annual periods, with early adoption permitted. We are currently evaluating the provisions of ASU No. 2016-15 and assessing the impact on our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The new standard amends the impairment model to utilize an expected loss methodology in place of the currently used incurred loss methodology, which will result in the more timely recognition of losses. Public business entities should apply the guidance in ASU No. 2016-13 for annual periods beginning after December 15, 2019, including interim periods within those annual periods. Early adoption will be permitted for annual periods beginning after December 15, 2018. We are currently evaluating the provisions of ASU No. 2016-13 and assessing the impact on our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In March 2016, the FASB issued ASU No. 2016-09, “Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting,” which simplifies several aspects of the accounting for share-based payment award transactions including accounting for income taxes and classification of excess tax benefits on the statement of cash flows, forfeitures and minimum statutory tax withholding requirements. Public business entities should apply the guidance in ASU No. 2016-09 for annual periods beginning after December 15, 2016, including interim periods within those annual periods. Early adoption is permitted. We are currently evaluating the provisions of ASU No. 2016-09 and assessing the impact on our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842).” In the new standard, the FASB modified its determination of whether a contract is a lease rather than whether a lease is a capital or operating lease under the previous accounting principles generally accepted in the United States (GAAP). A contract represents a lease if a transfer of control occurs over an identified property, plant and equipment for a period of time in exchange for consideration. Control over the use of the identified asset includes the right to obtain substantially all of the economic benefits from the use of the asset and the right to direct its use. The FASB continued to maintain </font><font style="font-family:inherit;font-size:10.5pt;">two</font><font style="font-family:inherit;font-size:10.5pt;"> classifications of leases </font><font style="font-family:inherit;font-size:10pt;">—</font><font style="font-family:inherit;font-size:10.5pt;"> financing and operating </font><font style="font-family:inherit;font-size:10pt;">—</font><font style="font-family:inherit;font-size:10.5pt;"> which are substantially similar to capital and operating leases in the previous lease guidance. Under the new standard, recognition of assets and liabilities arising from operating leases will require recognition on the balance sheet. The effect of all leases in the statement of comprehensive income and the statement of cash flows will be largely unchanged. Lessor accounting will also be largely unchanged. Additional disclosures will be required for financing and operating leases for both lessors and lessees. Public business entities should apply the guidance in ASU No. 2016-02 for annual periods beginning after December 15, 2018, including interim periods within those annual periods. Early adoption is permitted. We are currently evaluating the provisions of ASU No. 2016-02 and assessing its impact on our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities,” to meet its objective of providing more decision-useful information about financial instruments. The majority of this ASU’s provisions amend only the presentation or disclosures of financial instruments; however, </font><font style="font-family:inherit;font-size:10.5pt;">one</font><font style="font-family:inherit;font-size:10.5pt;"> provision will also affect net income. Equity investments carried under the cost method or lower of cost or fair value method of accounting, in accordance with current GAAP, will have to be carried at fair value upon adoption of ASU No. 2016-01, with changes in fair value recorded in net income. For equity investments that do not have readily determinable fair values, a company may elect to carry such investments at cost less impairments, if any, adjusted up or down for price changes in similar financial instruments issued by the investee, when and if observed. Public business entities should apply the guidance in ASU No. 2016-01 for annual periods beginning after December 15, 2017, and interim periods within those annual periods, with early adoption prohibited. We are currently evaluating the provisions of ASU No. 2016-01. Our initial review indicates that ASU No. 2016-01 will have a limited impact on our financial statements.</font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” The new standard converged guidance on recognizing revenues in contracts with customers under GAAP and International Financial Reporting Standards. This ASU is intended to improve comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date.” The amendment in this ASU defers the effective date of ASU No. 2014-09 for all entities for </font><font style="font-family:inherit;font-size:10.5pt;">one</font><font style="font-family:inherit;font-size:10.5pt;"> year. Public business entities should apply the guidance in ASU No. 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier adoption is permitted only as of annual reporting periods beginning after December 31, 2016, including interim reporting periods within that reporting period. Retrospective or modified retrospective application of the accounting standard is required. We are currently evaluating the provisions of ASU No. 2014-09 and assessing the impact on our financial statements. As part of our assessment work to-date, we have formed an implementation work team, completed training on the new ASU’s revenue recognition model and are continuing our contract review and documentation.</font></div></div>

Files In Submission

Name	View Source	Status
0001534701-16-000175-index-headers.html	Edgar Link	pending
0001534701-16-000175-index.html	Edgar Link	pending
0001534701-16-000175.txt	Edgar Link	pending
0001534701-16-000175-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
psx-20160930.xml	Edgar Link	completed
psx-20160930.xsd	Edgar Link	pending
psx-20160930_cal.xml	Edgar Link	unprocessable
psx-20160930_def.xml	Edgar Link	unprocessable
psx-20160930_lab.xml	Edgar Link	unprocessable
psx-20160930_pre.xml	Edgar Link	unprocessable
psx-2016930_10q.htm	Edgar Link	pending
psx-2016930_ex12.htm	Edgar Link	pending
psx-2016930_ex311.htm	Edgar Link	pending
psx-2016930_ex312.htm	Edgar Link	pending
psx-2016930_ex32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PSX
Phillips 66 Stock $psx

2016 Q3 Form 10-Q Financial Statement

#000153470116000175 Filed on October 28, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSX Phillips 66 Stock $psx

2016 Q3 Form 10-Q Financial Statement

#000153470116000175 Filed on October 28, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSX
Phillips 66 Stock $psx