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Phillips 66 PSX Chemicals — Equity in earnings of affiliates
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.
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 / Operating Segments / Midstream | Millions of Dollars / Operating Segments / Chemicals | Millions of Dollars / Operating Segments / Refining | Millions of Dollars / Operating Segments / M&S | Millions of Dollars / Operating Segments / Renewable Fuels | Millions of Dollars / Corporate and Other | Millions of Dollars / Consolidating Adjustments | Millions of Dollars / Total Consolidated |
|---|---|---|---|---|---|---|---|---|
| Third-party sales and other operating revenues | $5,231 | — | 13,618 | 31,297 | 849 | 9 | — | 51,004 |
| Intercompany revenues | 1,069 | — | 22,314 | 789 | 1,714 | 1 | (25,887) | — |
| Total sales and other operating revenues | 6,300 | — | 35,932 | 32,086 | 2,563 | 10 | (25,887) | 51,004 |
| Equity in earnings (loss) of affiliates | 99 | 403 | (1) | 135 | (1) | — | — | 635 |
| Net gain on dispositions | — | — | — | 110 | — | 7 | — | 117 |
| Other income | (6) | — | 81 | (13) | 136 | 90 | — | 288 |
| Total Revenues and Other Income | 6,393 | 403 | 36,012 | 32,318 | 2,698 | 107 | (25,887) | 52,044 |
| Costs and Expenses |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's chemicals — equity in earnings of affiliates?
- Phillips 66 (PSX) reported chemicals — equity in earnings of affiliates of $403M in Q2 2026.
- How has Phillips 66's chemicals — equity in earnings of affiliates changed year-over-year?
- Phillips 66's chemicals — equity in earnings of affiliates increased by 1915.0% year-over-year, from $20M to $403M.
- What is the long-term trend for Phillips 66's chemicals — equity in earnings of affiliates?
- Over 4 years (2021 to 2025), Phillips 66's chemicals — equity in earnings of affiliates has grown at a -35.9% compound annual growth rate (CAGR), from $1.83B to $309M.
- What does chemicals — equity in earnings of affiliates mean?
- The company's proportional share of the net income generated by chemical-related joint ventures or non-consolidated affiliates. This reflects the profitability of chemical operations where the company holds a significant influence but not full control.
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