Current Liabilities

Accrued Environmental Liabilities

Phillips 66 Accrued Environmental Liabilities decreased by 3.8% to 48700000000.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from 43500000000.0% to 48700000000.0%. Over 5 years (FY 2020 to FY 2025), Accrued Environmental Liabilities shows an upward trend with a 3.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase may signal new regulatory requirements or identified contamination, while a decrease suggests successful remediation.

Detailed definition

This represents the estimated costs for environmental remediation, cleanup, and compliance activities related to past op...

Peer comparison

Standard for manufacturing and industrial companies with legacy site remediation responsibilities.

Metric ID: accrued_environmental_liabilities

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value45,500,000,000%45,300,000,000%43,600,000,000%43,600,000,000%43,000,000,000%43,600,000,000%43,400,000,000%43,900,000,000%44,900,000,000%45,300,000,000%44,600,000,000%44,200,000,000%44,800,000,000%43,900,000,000%43,900,000,000%43,500,000,000%45,300,000,000%52,100,000,000%50,600,000,000%48,700,000,000%
QoQ Change-0.4%-3.8%+0.0%-1.4%+1.4%-0.5%+1.2%+2.3%+0.9%-1.5%-0.9%+1.4%-2.0%+0.0%-0.9%+4.1%+15.0%-2.9%-3.8%
YoY Change-5.5%-3.8%-0.5%+0.7%+4.4%+3.9%+2.8%+0.7%-0.2%-3.1%-1.6%-1.6%+1.1%+18.7%+15.3%+12.0%
Range43,000,000,000%52,100,000,000%
CAGR+1.4%
Avg YoY Growth+2.7%
Median YoY Growth+0.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Phillips 66's accrued environmental liabilities?
Phillips 66 (PSX) reported accrued environmental liabilities of 48700000000.0% in Q1 2026.
How has Phillips 66's accrued environmental liabilities changed year-over-year?
Phillips 66's accrued environmental liabilities increased by 12.0% year-over-year, from 43500000000.0% to 48700000000.0%.
What is the long-term trend for Phillips 66's accrued environmental liabilities?
Over 5 years (2020 to 2025), Phillips 66's accrued environmental liabilities has grown at a 3.5% compound annual growth rate (CAGR), from 42700000000.0% to 50600000000.0%.
What does accrued environmental liabilities mean?
Estimated costs for environmental cleanup and compliance.