Phillips 66

For the period ended Jun 30, 2025. Filed Jul 28, 2025.

About this filing

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.

Jun 30, 2025 · Filed Jul 28, 2025

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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Contents

Consolidated Statement of Changes in Equity

Consolidated Statement of Changes in Equity	Phillips 66

	Millions of Dollars
	Three Months Ended June 30
	Common Stock
	Par Value	Capital in Excess of Par	Treasury Stock	Retained Earnings	Accum. Other Comprehensive Loss	Noncontrolling Interests	Total
March 31, 2025	$7	19,789	(22,995)	30,785	(313)	1,080	28,353
Net income	—	—	—	877	—	31	908
Other comprehensive income	—	—	—	—	195	—	195
Dividends paid on common stock ($1.20 per share)	—	—	—	(487)	—	—	(487)
Repurchase of common stock	—	—	(395)	—	—	—	(395)
Distributions to noncontrolling interests	—	—	—	—	—	(81)	(81)
Contributions from noncontrolling interests	—	—	—	—	—	106	106
Benefit plan activity	—	31	—	(3)	—	—	28
June 30, 2025	$7	19,820	(23,390)	31,172	(118)	1,136	28,627
March 31, 2024	$7	19,674	(20,489)	30,846	(312)	1,067	30,793
Net income	—	—	—	1,015	—	5	1,020
Other comprehensive income	—	—	—	—	3	—	3
Dividends paid on common stock ($1.15 per share)	—	—	—	(485)	—	—	(485)
Repurchase of common stock	—	—	(843)	—	—	—	(843)
Distributions to noncontrolling interests	—	—	—	—	—	(20)	(20)
Benefit plan activity	—	43	—	(4)	—	—	39
June 30, 2024	$7	19,717	(21,332)	31,372	(309)	1,052	30,507

	Shares
	Three Months Ended June 30
	Common Stock Issued	Treasury Stock
March 31, 2025	658,173,402	250,591,516
Repurchase of common stock	—	3,545,412
Shares issued—share-based compensation	87,791	—
June 30, 2025	658,261,193	254,136,928
March 31, 2024	656,284,691	232,332,556
Repurchase of common stock	—	5,633,070
Shares issued—share-based compensation	250,118	—
June 30, 2024	656,534,809	237,965,626
See Notes to Consolidated Financial Statements.

	Millions of Dollars
	Six Months Ended June 30
	Common Stock
	Par Value	Capital in Excess of Par	Treasury Stock	Retained Earnings	Accum. Other Comprehensive Loss	Noncontrolling Interests	Total
December 31, 2024	$7	19,788	(22,751)	30,771	(407)	1,055	28,463
Net income	—	—	—	1,364	—	70	1,434
Other comprehensive income	—	—	—	—	289	—	289
Dividends paid on common stock ($2.35 per share)	—	—	—	(956)	—	—	(956)
Repurchase of common stock	—	—	(639)	—	—	—	(639)
Distributions to noncontrolling interests	—	—	—	—	—	(95)	(95)
Contributions from noncontrolling interests	—	—	—	—	—	106	106
Benefit plan activity	—	32	—	(7)	—	—	25
June 30, 2025	$7	19,820	(23,390)	31,172	(118)	1,136	28,627
December 31, 2023	$7	19,650	(19,342)	30,550	(282)	1,067	31,650
Net income	—	—	—	1,763	—	18	1,781
Other comprehensive loss	—	—	—	—	(27)	—	(27)
Dividends paid on common stock ($2.20 per share)	—	—	—	(933)	—	—	(933)
Repurchase of common stock	—	—	(1,990)	—	—	—	(1,990)
Distributions to noncontrolling interests	—	—	—	—	—	(33)	(33)
Benefit plan activity	—	67	—	(8)	—	—	59
June 30, 2024	$7	19,717	(21,332)	31,372	(309)	1,052	30,507

	Shares
	Six Months Ended June 30
	Common Stock Issued	Treasury Stock
December 31, 2024	656,987,861	248,594,923
Repurchase of common stock	—	5,542,005
Shares issued—share-based compensation	1,273,332	—
June 30, 2025	658,261,193	254,136,928
December 31, 2023	654,842,101	224,377,439
Repurchase of common stock	—	13,588,187
Shares issued—share-based compensation	1,692,708	—
June 30, 2024	656,534,809	237,965,626
See Notes to Consolidated Financial Statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.