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Phillips 66 PSX Midstream — Cost And Expenses
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept psx:CostAndExpenses.
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 |
|---|---|---|---|---|---|---|---|---|
| Impairments | — | — | 1 | — | — | 8 | — | 9 |
| Taxes other than income taxes | 60 | — | 88 | 2 | (41) | 18 | — | 127 |
| Interest and debt expense | — | — | — | — | — | 314 | — | 314 |
| Other segment items** | 3 | — | 18 | (1) | (1) | 7 | — | 26 |
| Total Costs and Expenses | 5,608 | (1) | 32,950 | 31,735 | 2,154 | 514 | (25,887) | 47,073 |
| Income (loss) before income taxes | $785 | 404 | 3,062 | 583 | 544 | (407) | — | 4,971 |
| * These significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. The total of the line items "Operating expenses" and "Selling, general and administrative expenses" is considered "Controllable costs" and is provided to the CODM. | ||||||||
| ** “Other segment items” for each reportable segment includes the following line items on our consolidated statement of income: “Accretion on discounted liabilities” and “Foreign currency transaction (gains) losses.” |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's midstream — cost and expenses?
- Phillips 66 (PSX) reported midstream — cost and expenses of $5.61B in Q2 2026.
- How has Phillips 66's midstream — cost and expenses changed year-over-year?
- Phillips 66's midstream — cost and expenses increased by 26.8% year-over-year, from $4.42B to $5.61B.
- What is the long-term trend for Phillips 66's midstream — cost and expenses?
- Over 3 years (2022 to 2025), Phillips 66's midstream — cost and expenses has grown at a 1.8% compound annual growth rate (CAGR), from $17.87B to $18.84B.
- What does midstream — cost and expenses mean?
- The total operating and non-operating costs incurred by the midstream segment, encompassing direct operating expenses, maintenance, administrative costs, and depreciation. This provides a comprehensive view of the segment's total cost structure.
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