Discontinued — last reported Q3 '17
Consolidation · Income Tax Expense Benefit
Consolidation Eliminations — Income Tax Expense Benefit
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2017
Rolls up toIncome Tax
How to read this metric
Changes in this metric reflect shifts in internal tax planning and the allocation of tax burdens across the organization.
Detailed definition
This adjustment removes income tax effects arising from intercompany transactions or internal profit allocations. It ens...
Peer comparison
Standard for large, multi-jurisdictional companies to ensure accurate consolidated tax reporting.
Metric ID:
psx_segment_consolidation_eliminations_income_tax_expense_benefitSimilar Metrics at Other Companies
Frequently Asked Questions
- What does consolidation eliminations — income tax expense benefit mean?
- The removal of internal income tax effects between company segments.