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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)

 
Millions of Dollars
 
Per Share of Common Stock
 
Sales and Other Operating Revenues*

Income Before Income Taxes

Net Income

Net Income Attributable to Phillips 66

 
Net Income Attributable to Phillips 66
 
 
Basic

Diluted

2017
 
 
 
 
 
 
 
First
$
22,894

797

563

535

 
1.02

1.02

Second
24,087

848

581

550

 
1.06

1.06

Third
25,627

1,256

849

823

 
1.60

1.60

Fourth**
29,746

654

3,255

3,198

 
6.29

6.25

 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
First
$
17,409

596

398

385

 
0.72

0.72

Second
21,849

720

516

496

 
0.94

0.93

Third
21,624

813

536

511

 
0.97

0.96

Fourth
23,397

62

194

163

 
0.31

0.31

* Includes excise taxes on sales of petroleum products.
** Includes a $2,721 million provisional income tax benefit from the enactment of the U.S. Tax Cuts and Jobs Act on December 22, 2017.