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Phillips 66 PSX Midstream — 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 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 |
|---|---|---|---|---|---|---|---|---|
| Total Revenues and Other Income | 6,393 | 403 | 36,012 | 32,318 | 2,698 | 107 | (25,887) | 52,044 |
| 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 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's midstream — other cost and expense, operating?
- Phillips 66 (PSX) reported midstream — other cost and expense, operating of $568M in Q2 2026.
- How has Phillips 66's midstream — other cost and expense, operating changed year-over-year?
- Phillips 66's midstream — other cost and expense, operating increased by 10.9% year-over-year, from $512M to $568M.
- What is the long-term trend for Phillips 66's midstream — other cost and expense, operating?
- Over 3 years (2022 to 2025), Phillips 66's midstream — other cost and expense, operating has grown at a 13.0% compound annual growth rate (CAGR), from $1.4B to $2.02B.
- What does midstream — other cost and expense, operating mean?
- Operating expenses incurred by the midstream segment, excluding purchased product costs, such as maintenance, labor, energy consumption, and administrative overhead. This captures the efficiency of managing the physical infrastructure.
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