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Phillips 66 PSX Chemicals — Investments In and Advances to Affiliates
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.
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 / Total Consolidated |
|---|---|---|---|---|---|---|---|
| As of June 30, 2026 | |||||||
| Investments In and Advances to Affiliates | $2,082 | 8,390 | 56 | 1,402 | 14 | 4 | 11,948 |
| Total Assets | 31,130 | 8,417 | 21,229 | 12,025 | 3,001 | 6,008 | 81,810 |
| As of December 31, 2025 | |||||||
| Investments In and Advances to Affiliates | $2,117 | 7,899 | 65 | 1,330 | 15 | 2 | 11,428 |
| Total Assets | 30,172 | 7,899 | 19,435 | 10,059 | 3,197 | 2,918 | 73,680 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's chemicals — investments in and advances to affiliates?
- Phillips 66 (PSX) reported chemicals — investments in and advances to affiliates of $8.39B in Q2 2026.
- How has Phillips 66's chemicals — investments in and advances to affiliates changed year-over-year?
- Phillips 66's chemicals — investments in and advances to affiliates increased by 6.3% year-over-year, from $7.89B to $8.39B.
- What does chemicals — investments in and advances to affiliates mean?
- This metric captures the carrying value of equity investments in joint ventures, partnerships, and other non-consolidated entities operating within the chemicals sector. It reflects the company's reliance on collaborative business models to share risks and access specialized chemical production capabilities. Changes in this balance indicate either new capital contributions to partners or the recognition of earnings and distributions from these shared ventures.
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