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Phillips 66 PSX Accretion of asset retirement obligations
Accretion of asset retirement obligations at other companies
Other financials
Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:AccretionExpenseIncludingAssetRetirementObligations.
The source filing: Phillips 66’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:43 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001534701-26-000032
| Line item | Millions of Dollars / Three Months Ended June 30 / 2026 | Millions of Dollars / 2025 | Millions of Dollars / Six Months Ended June 30 / 2026 | 2025 |
|---|---|---|---|---|
| Depreciation and amortization | 585 | 816 | 1,143 | 1,607 |
| Impairments | 9 | 4 | 17 | 30 |
| Taxes other than income taxes | 127 | 218 | 361 | 451 |
| Accretion on discounted liabilities | 13 | 10 | 25 | 22 |
| Interest and debt expense | 314 | 264 | 600 | 485 |
| Foreign currency transaction (gains) losses | 13 | (9) | 23 | (15) |
| Total Costs and Expenses | 47,073 | 32,402 | 79,815 | 63,480 |
| Income before income taxes | 4,971 | 1,120 | 5,231 | 1,768 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's accretion of asset retirement obligations?
- Phillips 66 (PSX) reported accretion of asset retirement obligations of $13M in Q2 2026.
- What does accretion of asset retirement obligations mean?
- Non-cash accretion expense on asset retirement obligations (mining/energy)
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