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Condensed Consolidating Financial Information (Balance Sheet) (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 1,462 $ 1,614
Accounts and notes receivable 5,963 8,510
Inventories 4,897 3,776
Prepaid expenses and other current assets 500 495
Total Current Assets 12,822 14,395
Investments and long-term receivables 13,767 14,571
Net properties, plants and equipment 23,489 23,786
Goodwill 1,425 3,270
Intangibles 849 869
Other assets 1,929 1,829
Total Assets 54,281 58,720
Liabilities and Equity    
Accounts payable 5,457 8,575
Short-term debt 1,860 547
Accrued income and other taxes 1,229 979
Employee benefit obligations 443 710
Other accruals 1,524 835
Total Current Liabilities 10,513 11,646
Long-term debt 12,666 11,216
Asset retirement obligations and accrued environmental costs 644 638
Deferred income taxes 5,507 5,553
Employee benefit obligations 1,394 1,044
Other liabilities and deferred credits 1,252 1,454
Total Liabilities 31,976 31,551
Common stock 3,253 3,634
Retained earnings 17,436 22,064
Accumulated other comprehensive loss (967) (788)
Noncontrolling interests 2,583 2,259
Total Liabilities and Equity 54,281 58,720
Reportable Legal Entities | Phillips 66    
Assets    
Cash and cash equivalents 0 0
Accounts and notes receivable 0 86
Inventories 0 0
Prepaid expenses and other current assets 0 2
Total Current Assets 0 88
Investments and long-term receivables 30,358 33,082
Net properties, plants and equipment 0 0
Goodwill 0 0
Intangibles 0 0
Other assets 12 14
Total Assets 30,370 33,184
Liabilities and Equity    
Accounts payable 0 0
Short-term debt 1,498 500
Accrued income and other taxes 0 0
Employee benefit obligations 0 0
Other accruals 159 65
Total Current Liabilities 1,657 565
Long-term debt 8,939 7,434
Asset retirement obligations and accrued environmental costs 0 0
Deferred income taxes 0 0
Employee benefit obligations 0 0
Other liabilities and deferred credits 22 245
Total Liabilities 10,618 8,244
Common stock 3,253 3,634
Retained earnings 17,466 22,094
Accumulated other comprehensive loss (967) (788)
Noncontrolling interests 0 0
Total Liabilities and Equity 30,370 33,184
Reportable Legal Entities | Phillips 66 Company    
Assets    
Cash and cash equivalents 665 136
Accounts and notes receivable 4,477 6,334
Inventories 3,421 2,594
Prepaid expenses and other current assets 255 362
Total Current Assets 8,818 9,426
Investments and long-term receivables 25,272 25,039
Net properties, plants and equipment 12,783 13,676
Goodwill 1,047 2,853
Intangibles 717 732
Other assets 4,207 4,290
Total Assets 52,844 56,016
Liabilities and Equity    
Accounts payable 5,282 7,024
Short-term debt 15 16
Accrued income and other taxes 480 386
Employee benefit obligations 392 648
Other accruals 1,304 850
Total Current Liabilities 7,473 8,924
Long-term debt 156 155
Asset retirement obligations and accrued environmental costs 463 460
Deferred income taxes 3,566 3,727
Employee benefit obligations 1,166 825
Other liabilities and deferred credits 10,990 8,975
Total Liabilities 23,814 23,066
Common stock 25,886 25,838
Retained earnings 4,111 7,900
Accumulated other comprehensive loss (967) (788)
Noncontrolling interests 0 0
Total Liabilities and Equity 52,844 56,016
Reportable Legal Entities | All Other Subsidiaries    
Assets    
Cash and cash equivalents 797 1,478
Accounts and notes receivable 3,905 4,148
Inventories 1,476 1,182
Prepaid expenses and other current assets 245 131
Total Current Assets 6,423 6,939
Investments and long-term receivables 10,990 10,989
Net properties, plants and equipment 10,706 10,110
Goodwill 378 417
Intangibles 132 137
Other assets 713 714
Total Assets 29,342 29,306
Liabilities and Equity    
Accounts payable 2,594 3,609
Short-term debt 347 31
Accrued income and other taxes 749 593
Employee benefit obligations 51 62
Other accruals 425 249
Total Current Liabilities 4,166 4,544
Long-term debt 3,571 3,627
Asset retirement obligations and accrued environmental costs 181 178
Deferred income taxes 1,944 1,828
Employee benefit obligations 228 219
Other liabilities and deferred credits 5,664 5,465
Total Liabilities 15,754 15,861
Common stock 9,582 9,516
Retained earnings 1,743 1,940
Accumulated other comprehensive loss (320) (270)
Noncontrolling interests 2,583 2,259
Total Liabilities and Equity 29,342 29,306
Consolidating Adjustments    
Assets    
Cash and cash equivalents 0 0
Accounts and notes receivable (2,419) (2,058)
Inventories 0 0
Prepaid expenses and other current assets 0 0
Total Current Assets (2,419) (2,058)
Investments and long-term receivables (52,853) (54,539)
Net properties, plants and equipment 0 0
Goodwill 0 0
Intangibles 0 0
Other assets (3,003) (3,189)
Total Assets (58,275) (59,786)
Liabilities and Equity    
Accounts payable (2,419) (2,058)
Short-term debt 0 0
Accrued income and other taxes 0 0
Employee benefit obligations 0 0
Other accruals (364) (329)
Total Current Liabilities (2,783) (2,387)
Long-term debt 0 0
Asset retirement obligations and accrued environmental costs 0 0
Deferred income taxes (3) (2)
Employee benefit obligations 0 0
Other liabilities and deferred credits (15,424) (13,231)
Total Liabilities (18,210) (15,620)
Common stock (35,468) (35,354)
Retained earnings (5,884) (9,870)
Accumulated other comprehensive loss 1,287 1,058
Noncontrolling interests 0 0
Total Liabilities and Equity $ (58,275) $ (59,786)