Phillips 66 PSX Amount that if recognized, would affect the effective tax rate or regulatory liability

Amount that if recognized, would affect the effective tax rate or regulatory liability at other companies

The Travelers CompaniesTRV

$15M-11.8%

PNC Financial ServicesPNC

$243M-22.6%

State StreetSTT

$230M+4.5%

Phillips 66PSX

$87M0.0%

Duke EnergyDUK

$68M+19.3%

Bank of AmericaBAC

$415M-27.6%

Questions, answered.

What is Phillips 66's amount that if recognized, would affect the effective tax rate or regulatory liability?

Phillips 66 (PSX) reported amount that if recognized, would affect the effective tax rate or regulatory liability of $87M in Q4 2025.

How has Phillips 66's amount that if recognized, would affect the effective tax rate or regulatory liability changed year-over-year?

Phillips 66's amount that if recognized, would affect the effective tax rate or regulatory liability decreased by 0.0% year-over-year, from $87M to $87M.

What is the long-term trend for Phillips 66's amount that if recognized, would affect the effective tax rate or regulatory liability?

Over 5 years (2020 to 2025), Phillips 66's amount that if recognized, would affect the effective tax rate or regulatory liability has grown at a 18.6% compound annual growth rate (CAGR), from $37M to $87M.

What does amount that if recognized, would affect the effective tax rate or regulatory liability mean?

This represents the portion of unrecognized tax benefits that, if recognized, would directly impact the company's effective tax rate. It isolates the tax positions that have a direct effect on the income statement rather than just timing differences. This is a critical metric for investors evaluating the sustainability of the company's reported tax rate.