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Phillips 66 PSX Impairment Charges
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
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 |
|---|---|---|---|---|
| Operating expenses | 1,810 | 1,440 | 3,691 | 3,062 |
| Selling, general and administrative expenses | 538 | 582 | 1,075 | 1,101 |
| 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) |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's impairment charges?
- Phillips 66 (PSX) reported impairment charges of $9M in Q2 2026.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.
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