$PSX
Phillips 66

2020 Q1 Form 10-Q Financial Statement

#000153470120000085 Filed on May 01, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $20.88B $23.10B
YoY Change -9.63% -2.09%
Cost Of Revenue $18.44B $21.06B
YoY Change -12.42% -0.39%
Gross Profit $2.438B $2.048B
YoY Change 19.04% -16.65%
Gross Profit Margin 11.68% 8.86%
Selling, General & Admin $319.0M $366.0M
YoY Change -12.84% -5.18%
% of Gross Profit 13.08% 17.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $342.0M $331.0M
YoY Change 3.32% -1.49%
% of Gross Profit 14.03% 16.16%
Operating Expenses $319.0M $366.0M
YoY Change -12.84% -5.18%
Operating Profit $2.119B $1.682B
YoY Change 25.98% -18.78%
Interest Expense $1.377B $73.00M
YoY Change 1786.3% -74.65%
% of Operating Profit 64.98% 4.34%
Other Income/Expense, Net $0.00 $38.00M
YoY Change -100.0% 280.0%
Pretax Income -$2.478B $340.0M
YoY Change -828.82% -52.58%
Income Tax -$51.00M $70.00M
% Of Pretax Income 20.59%
Net Earnings -$2.496B $204.0M
YoY Change -1323.53% -61.07%
Net Earnings / Revenue -11.96% 0.88%
Basic Earnings Per Share -$5.66 $0.44
Diluted Earnings Per Share -$5.66 $0.44
COMMON SHARES
Basic Shares Outstanding 441.3M shares 457.6M shares
Diluted Shares Outstanding 441.3M shares 459.3M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.221B $1.253B
YoY Change -2.55% 48.81%
Cash & Equivalents $1.221B $1.253B
Short-Term Investments
Other Short-Term Assets $594.0M $915.0M
YoY Change -35.08% 119.95%
Inventory $5.331B $5.344B
Prepaid Expenses
Receivables $4.559B $7.303B
Other Receivables $0.00 $0.00
Total Short-Term Assets $11.71B $14.82B
YoY Change -20.99% 22.19%
LONG-TERM ASSETS
Property, Plant & Equipment $24.05B $22.26B
YoY Change 8.03% 3.55%
Goodwill $1.425B $3.270B
YoY Change -56.42% 0.0%
Intangibles $880.0M $864.0M
YoY Change 1.85% -0.8%
Long-Term Investments $13.64B $14.79B
YoY Change -7.78% 6.11%
Other Assets $1.764B $1.857B
YoY Change -5.01% 329.86%
Total Long-Term Assets $41.76B $43.04B
YoY Change -2.99% 7.58%
TOTAL ASSETS
Total Short-Term Assets $11.71B $14.82B
Total Long-Term Assets $41.76B $43.04B
Total Assets $53.46B $57.86B
YoY Change -7.6% 10.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.882B $8.310B
YoY Change -41.25% 23.37%
Accrued Expenses $2.928B $2.277B
YoY Change 28.59% 29.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.243B $30.00M
YoY Change 7376.67% -28.57%
Total Short-Term Liabilities $10.53B $11.33B
YoY Change -7.05% 22.65%
LONG-TERM LIABILITIES
Long-Term Debt $10.72B $11.27B
YoY Change -4.86% -2.69%
Other Long-Term Liabilities $3.085B $3.058B
YoY Change 0.88% 61.12%
Total Long-Term Liabilities $13.81B $14.33B
YoY Change -3.64% 6.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.53B $11.33B
Total Long-Term Liabilities $13.81B $14.33B
Total Liabilities $29.82B $31.11B
YoY Change -4.14% 11.78%
SHAREHOLDERS EQUITY
Retained Earnings $19.17B $20.41B
YoY Change -6.08% 23.41%
Common Stock $20.31B $19.89B
YoY Change 2.14% 0.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.12B $15.37B
YoY Change 11.38% 10.63%
Treasury Stock Shares 211.8M shares 193.2M shares
Shareholders Equity $21.37B $24.22B
YoY Change
Total Liabilities & Shareholders Equity $53.46B $57.86B
YoY Change -7.6% 10.98%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$2.496B $204.0M
YoY Change -1323.53% -61.07%
Depreciation, Depletion And Amortization $342.0M $331.0M
YoY Change 3.32% -1.49%
Cash From Operating Activities $217.0M -$478.0M
YoY Change -145.4% -197.95%
INVESTING ACTIVITIES
Capital Expenditures -$923.0M -$1.097B
YoY Change -15.86% 234.45%
Acquisitions
YoY Change
Other Investing Activities -$15.00M $18.00M
YoY Change -183.33% -60.0%
Cash From Investing Activities -$877.0M -$1.012B
YoY Change -13.34% 183.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $437.0M $336.0M
YoY Change 30.06% -89.72%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $276.0M -$284.0M
YoY Change -197.18% -88.21%
NET CHANGE
Cash From Operating Activities $217.0M -$478.0M
Cash From Investing Activities -$877.0M -$1.012B
Cash From Financing Activities $276.0M -$284.0M
Net Change In Cash -$393.0M -$1.766B
YoY Change -77.75% -22.44%
FREE CASH FLOW
Cash From Operating Activities $217.0M -$478.0M
Capital Expenditures -$923.0M -$1.097B
Free Cash Flow $1.140B $619.0M
YoY Change 84.17% -24.14%

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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2020Q1 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Stockholders Equity
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CY2020Q1 us-gaap Minority Interest
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CY2019Q4 us-gaap Minority Interest
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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27169000000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
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53460000000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
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58720000000 USD
CY2020Q1 us-gaap Profit Loss
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CY2019Q1 us-gaap Profit Loss
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CY2020Q1 us-gaap Depreciation Depletion And Amortization
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342000000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
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CY2019Q1 us-gaap Asset Impairment Charges
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CY2019Q1 us-gaap Accretion Expense Including Asset Retirement Obligations
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CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
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CY2020Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2019Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2019Q1 psx Gain Loss On Disposition
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CY2020Q1 psx Increase Decrease In Taxes And Other Accruals
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CY2020Q1 us-gaap Increase Decrease In Receivables
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CY2019Q1 us-gaap Increase Decrease In Receivables
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CY2020Q1 us-gaap Increase Decrease In Inventories
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1620000000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
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1790000000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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90000000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020Q1 us-gaap Increase Decrease In Accounts Payable
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CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020Q1 psx Capital Expenditures And Investments
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CY2019Q1 psx Capital Expenditures And Investments
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1097000000 USD
CY2020Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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38000000 USD
CY2019Q1 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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21000000 USD
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CY2019Q1 us-gaap Proceeds From Sale Of Productive Assets
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CY2019Q1 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019Q1 us-gaap Proceeds From Issuance Of Debt
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CY2019Q1 us-gaap Repayments Of Debt And Capital Lease Obligations
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CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
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CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
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396000000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
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364000000 USD
CY2020Q1 us-gaap Payments Of Dividends Minority Interest
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CY2019Q1 us-gaap Payments Of Dividends Minority Interest
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CY2019Q1 us-gaap Proceeds From Issuance Of Common Limited Partners Units
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CY2019Q1 us-gaap Proceeds From Payments For Other Financing Activities
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276000000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1221000000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1253000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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27169000000 USD
CY2020Q1 us-gaap Profit Loss
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q1 us-gaap Dividends Common Stock Cash
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CY2020Q1 psx Total Adjustments To Equity From Share Based Compensation
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CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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61000000 USD
CY2020Q1 us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
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3000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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27153000000 USD
CY2019Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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CY2019Q1 us-gaap Profit Loss
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270000000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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72000000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
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364000000 USD
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
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344000000 USD
CY2019Q1 psx Total Adjustments To Equity From Share Based Compensation
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CY2019Q1 us-gaap Partners Capital Account Sale Of Units
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21000000 USD
CY2019Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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56000000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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26745000000 USD
CY2019Q4 us-gaap Common Stock Shares Issued
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647417000 shares
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
206391000 shares
CY2020Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
5381000 shares
CY2020Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
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1030000 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2020Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2018Q4 us-gaap Common Stock Shares Issued
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CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2019Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3639000 shares
CY2019Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
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1024000 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
193165000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1690000 shares
CY2020Q1 us-gaap Basis Of Accounting
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<span style="font-family:inherit;font-size:10.5pt;color:#000000;font-weight:bold;text-decoration:none;">Interim Financial Information</span><span style="font-family:inherit;font-size:10.5pt;font-weight:bold;"> </span><div style="line-height:120%;font-size:10.5pt;"><span style="font-family:inherit;font-size:10.5pt;"><br/></span></div><span style="font-family:inherit;font-size:10.5pt;">The unaudited interim financial information presented in the financial statements included in this report is prepared in accordance with generally accepted accounting principles in the United States (GAAP) and includes all known accruals and adjustments necessary, in the opinion of management, for a fair presentation of the consolidated financial position of Phillips 66 and its results of operations and cash flows for the periods presented. Unless otherwise specified, all such adjustments are of a normal and recurring nature. Certain notes and other information have been condensed or omitted from the interim financial statements included in this report. Therefore, these interim financial statements should be read in conjunction with the consolidated financial statements and notes included in our </span><span style="font-family:inherit;font-size:10.5pt;">2019</span><span style="font-family:inherit;font-size:10.5pt;"> Annual Report on Form 10-K. The results of operations for the </span><span style="font-family:inherit;font-size:10.5pt;">three months</span><span style="font-family:inherit;font-size:10.5pt;"> ended </span><span style="font-family:inherit;font-size:10.5pt;">March 31, 2020</span>, are not necessarily indicative of the results expected for the full year.
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23103000000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20878000000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23103000000 USD
CY2020Q1 us-gaap Accounts Receivable Net
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3344000000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
6902000000 USD
CY2020Q1 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
357000000 USD
CY2019Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
336000000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
0 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4559000000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8510000000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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41000000 USD
CY2020Q1 psx Accounts And Notes Receivable Percent Outstanding Less Than60 Days
AccountsAndNotesReceivablePercentOutstandingLessThan60Days
0.98
CY2019Q4 psx Property Plantand Equipmentand Finance Lease Rightof Use Asset Accumulated Depreciationand Amortization
PropertyPlantandEquipmentandFinanceLeaseRightofUseAssetAccumulatedDepreciationandAmortization
14285000000 USD
CY2019Q4 psx Property Plantand Equipmentand Finance Lease Rightof Use Assetafter Accumulated Depreciationand Amortization
PropertyPlantandEquipmentandFinanceLeaseRightofUseAssetafterAccumulatedDepreciationandAmortization
23786000000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
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CY2020Q1 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
5008000000 USD
CY2019Q4 us-gaap Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
3452000000 USD
CY2020Q1 us-gaap Other Inventory Net Of Reserves
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323000000 USD
CY2019Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
324000000 USD
CY2020Q1 us-gaap Inventory Net
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5331000000 USD
CY2019Q4 us-gaap Inventory Net
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3776000000 USD
CY2020Q1 us-gaap Lifo Inventory Amount
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4879000000 USD
CY2019Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
3331000000 USD
CY2020Q1 psx Property Plantand Equipmentand Finance Lease Rightof Use Assetbefore Accumulated Depreciationand Amortization
PropertyPlantandEquipmentandFinanceLeaseRightofUseAssetbeforeAccumulatedDepreciationandAmortization
38573000000 USD
CY2020Q1 psx Property Plantand Equipmentand Finance Lease Rightof Use Asset Accumulated Depreciationand Amortization
PropertyPlantandEquipmentandFinanceLeaseRightofUseAssetAccumulatedDepreciationandAmortization
14522000000 USD
CY2020Q1 psx Property Plantand Equipmentand Finance Lease Rightof Use Assetafter Accumulated Depreciationand Amortization
PropertyPlantandEquipmentandFinanceLeaseRightofUseAssetafterAccumulatedDepreciationandAmortization
24051000000 USD
CY2019Q4 psx Property Plantand Equipmentand Finance Lease Rightof Use Assetbefore Accumulated Depreciationand Amortization
PropertyPlantandEquipmentandFinanceLeaseRightofUseAssetbeforeAccumulatedDepreciationandAmortization
38071000000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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441345000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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457599000 shares
CY2019Q4 us-gaap Goodwill
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3270000000 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
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1845000000 USD
CY2020Q1 us-gaap Goodwill
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1425000000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations
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CY2020Q1 us-gaap Income Loss From Continuing Operations
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CY2019Q1 us-gaap Income Loss From Continuing Operations
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204000000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations
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204000000 USD
CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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CY2019Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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1000000 USD
CY2019Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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203000000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
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203000000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Issued Basic
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CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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441345000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Issued Basic
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CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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457599000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Contingently Issuable
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2331000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2019Q1 us-gaap Weighted Average Number Of Shares Contingently Issuable
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2713000 shares
CY2020Q1 psx Estimated Percentage Of Derivative Contract Volume Expiring Within Twelve Months
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CY2020Q1 psx Non Monetary Notional Amount Of Price Risk Derivative Instruments Not Designated As Hedging Instruments Net
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33000000 MMBbls
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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459289000 shares
CY2019Q4 psx Non Monetary Notional Amount Of Price Risk Derivative Instruments Not Designated As Hedging Instruments Net
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16000000 MMBbls
CY2020Q1 us-gaap Earnings Per Share Diluted
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CY2019Q1 us-gaap Earnings Per Share Basic
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0.44
CY2019Q1 us-gaap Earnings Per Share Diluted
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CY2020Q1 us-gaap Accrual For Environmental Loss Contingencies
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442000000 USD
CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
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441000000 USD
CY2020Q1 us-gaap Derivative Liability Fair Value Gross Asset
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6179000000 USD
CY2020Q1 us-gaap Assets Fair Value Disclosure
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6952000000 USD
CY2020Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
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CY2020Q1 us-gaap Derivative Asset Fair Value Gross Liability
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CY2020Q1 us-gaap Derivative Collateral Obligation To Return Securities
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455000000 USD
CY2020Q1 psx Derivative Asset Difference In Carrying Value And Fair Value
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0 USD
CY2020Q1 psx Asset Fair Value Amount Offset Against Collateral
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318000000 USD
CY2020Q1 us-gaap Liabilities Fair Value Disclosure
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18880000000 USD
CY2020Q1 psx Financial And Nonfinancial Liability Difference Incarrying Value And Fair Value
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17000000 USD
CY2020Q1 psx Financial And Nonfinancial Liability Fair Value Amount Offset Against Collateral
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12718000000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
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CY2019Q4 us-gaap Derivative Asset Fair Value Gross Liability
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CY2019Q4 us-gaap Derivative Collateral Obligation To Return Securities
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CY2019Q4 psx Derivative Asset Difference In Carrying Value And Fair Value
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CY2019Q4 psx Asset Fair Value Amount Offset Against Collateral
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154000000 USD
CY2019Q4 us-gaap Liabilities Fair Value Disclosure
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14195000000 USD
CY2019Q4 us-gaap Derivative Liability Fair Value Gross Asset
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1188000000 USD
CY2019Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
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80000000 USD
CY2019Q4 psx Financial And Nonfinancial Liability Difference Incarrying Value And Fair Value
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CY2019Q4 psx Financial And Nonfinancial Liability Fair Value Amount Offset Against Collateral
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11489000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2020Q1 us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
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5000000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q1 us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
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-89000000 USD
CY2020Q1 us-gaap Revenue From Related Parties
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534000000 USD
CY2019Q1 us-gaap Revenue From Related Parties
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683000000 USD
CY2020Q1 psx Related Party Transaction Purchases From Transactions With Related Party
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2126000000 USD
CY2019Q1 psx Related Party Transaction Purchases From Transactions With Related Party
RelatedPartyTransactionPurchasesFromTransactionsWithRelatedParty
2668000000 USD
CY2020Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
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