Phillips 66 Chemicals — Investments In and Advances to Affiliates increased by 1.5% to $8.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $7.90B to $8.02B.
An increase suggests strategic expansion through partnerships, while a decrease may indicate divestment or the receipt of significant cash distributions.
This metric captures the carrying value of equity investments in joint ventures, partnerships, and other non-consolidate...
Similar to equity method investment reporting found in the financial statements of companies with significant joint venture chemical operations.
psx_segment_chemicals_investments_in_and_advances_to_affiliates| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $6.37B | $6.79B | $7.34B | $7.82B | $7.90B | $7.89B | $7.90B | $7.90B | $8.02B |
| QoQ Change | — | +6.5% | +8.2% | +6.5% | +1.0% | -0.1% | +0.2% | -0.0% | +1.5% |
| YoY Change | — | +6.5% | +8.2% | +6.5% | — | — | — | +1.0% | +1.5% |