Phillips 66 PSX M&S — Other Cost and Expense, Operating
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:OtherCostAndExpenseOperating.
The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Phillips 66's M&S — other cost and expense, operating?
- Phillips 66 (PSX) reported M&S — other cost and expense, operating of $19M in Q1 2026.
- How has Phillips 66's M&S — other cost and expense, operating changed year-over-year?
- Phillips 66's M&S — other cost and expense, operating increased by 5.6% year-over-year, from $18M to $19M.
- What is the long-term trend for Phillips 66's M&S — other cost and expense, operating?
- Over 3 years (2022 to 2025), Phillips 66's M&S — other cost and expense, operating has grown at a 13.4% compound annual growth rate (CAGR), from $50M to $73M.
- What does M&S — other cost and expense, operating mean?
- This captures the operational expenses within the Marketing & Specialties segment excluding raw material costs, such as maintenance, utilities, labor, and logistics. It reflects the efficiency of the segment's day-to-day operations and overhead management. Monitoring this helps assess the segment's ability to control non-commodity related costs.