Phillips 66 Long-term asset retirement obligations and accrued environmental costs decreased by 9.5% to $1.02B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.5%, from $1.13B to $1.02B. Over 5 years (FY 2020 to FY 2025), Long-term asset retirement obligations and accrued environmental costs shows an upward trend with a 9.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A large balance indicates significant long-term environmental and decommissioning obligations that will impact future cash flows.
This represents the long-term portion of the total asset retirement and environmental loss contingency liabilities, excl...
Reflects the long-term nature of energy infrastructure; peers in the refining sector will show substantial long-term environmental liabilities.
other_asset_retirement_obligation_and_accrual_for_enviro_538dcb| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $727.00M | $879.00M | $864.00M | $1.13B | $1.02B |
| QoQ Change | — | +20.9% | -1.7% | +30.7% | -9.5% |
| YoY Change | — | +20.9% | -1.7% | +30.7% | -9.5% |