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Phillips 66 PSX Chemicals — Selling, General and Administrative Expense
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.
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 |
|---|---|---|---|---|---|---|---|---|
| Costs and Expenses | ||||||||
| Purchased crude oil and products | 4,639 | — | 31,453 | 31,354 | 2,074 | — | (25,856) | 43,664 |
| Operating expenses* | 568 | 1 | 1,144 | 22 | 79 | 27 | (31) | 1,810 |
| Selling, general and administrative expenses* | 54 | (2) | 25 | 332 | 19 | 110 | — | 538 |
| Depreciation and amortization | 284 | — | 221 | 26 | 24 | 30 | — | 585 |
| Impairments | — | — | 1 | — | — | 8 | — | 9 |
| Taxes other than income taxes | 60 | — | 88 | 2 | (41) | 18 | — | 127 |
| Interest and debt expense | — | — | — | — | — | 314 | — | 314 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's chemicals — selling, general and administrative expense?
- Phillips 66 (PSX) reported chemicals — selling, general and administrative expense of -$2M in Q2 2026.
- How has Phillips 66's chemicals — selling, general and administrative expense changed year-over-year?
- Phillips 66's chemicals — selling, general and administrative expense decreased by 100.0% year-over-year, from -$1M to -$2M.
- What is the long-term trend for Phillips 66's chemicals — selling, general and administrative expense?
- Over 3 years (2022 to 2025), Phillips 66's chemicals — selling, general and administrative expense has grown at a 11.9% compound annual growth rate (CAGR), from -$5M to -$7M.
- What does chemicals — selling, general and administrative expense mean?
- Captures the administrative and overhead costs associated with managing the Chemicals business segment, including salaries, office expenses, and marketing costs. This metric reflects the fixed cost structure required to support the segment's commercial and corporate functions. It is a key indicator of the segment's administrative efficiency and scale management.
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