Phillips 66 Short-term debt and current portion of long-term debt increased by 713.9% to $8.45B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 696.2%, from $1.06B to $8.45B. Over 5 years (FY 2020 to FY 2025), Short-term debt and current portion of long-term debt shows relatively stable performance with a 1.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A significant increase may signal higher refinancing risk or a shift in capital structure, while a decrease indicates debt reduction or successful long-term refinancing.
This represents the portion of total debt obligations, including bank loans, commercial paper, and the current portion o...
Standard debt metric; peers report this as current portion of long-term debt or short-term borrowings.
other_debt_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.49B | $1.49B | $1.49B | $1.47B | $526.00M | $1.03B | $529.00M | $825.00M | $832.00M | $913.00M | $1.48B | $2.33B | $2.78B | $1.52B | $1.83B | $1.06B | $3.74B | $2.59B | $1.04B | $8.45B |
| QoQ Change | — | -40.2% | +0.0% | -1.0% | -64.3% | +96.2% | -48.7% | +56.0% | +0.8% | +9.7% | +62.3% | +56.9% | +19.6% | -45.3% | +20.3% | -42.1% | +252.0% | -30.7% | -59.9% | +713.9% |
| YoY Change | — | — | — | — | -78.9% | -30.7% | -64.5% | -44.0% | +58.2% | -11.5% | +180.2% | +181.8% | +234.1% | +66.7% | +23.5% | -54.4% | +34.4% | +70.0% | -43.3% | +696.2% |