Phillips 66 PSX Deferred Taxes
Deferred Taxes at other companies
Other financials
Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:DeferredIncomeTaxLiabilitiesNet.
The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Phillips 66's deferred taxes?
- Phillips 66 (PSX) reported deferred taxes of $7.38B in Q1 2026.
- How has Phillips 66's deferred taxes changed year-over-year?
- Phillips 66's deferred taxes increased by 5.8% year-over-year, from $6.97B to $7.38B.
- What is the long-term trend for Phillips 66's deferred taxes?
- Over 5 years (2020 to 2025), Phillips 66's deferred taxes has grown at a 5.3% compound annual growth rate (CAGR), from $5.64B to $7.31B.
- What does deferred taxes mean?
- This represents the net amount of income taxes that will be payable in future periods due to temporary differences between the carrying amount of assets and liabilities for financial reporting and their tax bases. It reflects the long-term tax impact of accounting choices and depreciation schedules. Investors use this to understand future tax obligations and the impact of tax timing on cash flow.