Phillips 66
For the period ended Sep 30, 2024. Filed Oct 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 29, 2024
PSX$253.02+3.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Income
| Consolidated Statement of Income | Phillips 66 |
|---|
| Millions of Dollars | ||||
|---|---|---|---|---|
| Three Months EndedSeptember 30 | Nine Months EndedSeptember 30 | |||
| 2024 | 2023 | 2024 | 2023 | |
| Revenues and Other Income | ||||
| Sales and other operating revenues | $35,528 | 39,643 | 109,468 | 109,129 |
| Equity in earnings of affiliates | 549 | 562 | 1,564 | 1,736 |
| Net gain on dispositions | 2 | 102 | 239 | 124 |
| Other income | 84 | 15 | 239 | 162 |
| Total Revenues and Other Income | 36,163 | 40,322 | 111,510 | 111,151 |
| Costs and Expenses | ||||
| Purchased crude oil and products | 32,194 | 34,330 | 99,208 | 94,242 |
| Operating expenses | 1,499 | 1,633 | 4,358 | 4,595 |
| Selling, general and administrative expenses | 1,194 | 669 | 2,303 | 1,867 |
| Depreciation and amortization | 543 | 488 | 1,544 | 1,459 |
| Impairments | 29 | 3 | 419 | 15 |
| Taxes other than income taxes | 53 | 171 | 267 | 552 |
| Accretion on discounted liabilities | 8 | 6 | 27 | 19 |
| Interest and debt expense | 229 | 221 | 687 | 679 |
| Foreign currency transaction (gains) losses | 1 | (12) | 9 | 15 |
| Total Costs and Expenses | 35,750 | 37,509 | 108,822 | 103,443 |
| Income before income taxes | 413 | 2,813 | 2,688 | 7,708 |
| Income tax expense | 44 | 670 | 538 | 1,754 |
| Net Income | 369 | 2,143 | 2,150 | 5,954 |
| Less: net income attributable to noncontrolling interests | 23 | 46 | 41 | 199 |
| Net Income Attributable to Phillips 66 | $346 | 2,097 | 2,109 | 5,755 |
| Net Income Attributable to Phillips 66 Per Share of Common Stock (dollars) | ||||
| Basic | $0.82 | 4.72 | 4.97 | 12.65 |
| Diluted | 0.82 | 4.69 | 4.94 | 12.59 |
| Weighted-Average Common Shares Outstanding (thousands) | ||||
| Basic | 417,305 | 444,283 | 423,024 | 454,440 |
| Diluted | 418,803 | 447,258 | 425,555 | 457,205 |
| See Notes to Consolidated Financial Statements. | ||||
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