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Phillips 66 PSX Refining — Gross PP&E
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.
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 / June 30, 2026 / Gross PP&E | Millions of Dollars / June 30, 2026 / Accum.D&A | Millions of Dollars / June 30, 2026 / Net PP&E | Millions of Dollars / December 31, 2025 / Gross PP&E | Millions of Dollars / December 31, 2025 / Accum.D&A | Millions of Dollars / December 31, 2025 / Net PP&E |
|---|---|---|---|---|---|---|
| Midstream | $30,851 | 6,391 | 24,460 | 29,558 | 5,771 | 23,787 |
| Chemicals | — | — | — | — | — | — |
| Refining | 22,880 | 10,940 | 11,940 | 25,955 | 13,685 | 12,270 |
| Marketing and Specialties | 1,038 | 562 | 476 | 1,014 | 543 | 471 |
| Renewable Fuels | 3,792 | 1,813 | 1,979 | 3,772 | 1,762 | 2,010 |
| Corporate and Other | 4,598 | 3,804 | 794 | 1,492 | 933 | 559 |
| $63,159 | 23,510 | 39,649 | 61,791 | 22,694 | 39,097 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's refining — gross PP&E?
- Phillips 66 (PSX) reported refining — gross PP&E of $22.88B in Q2 2026.
- How has Phillips 66's refining — gross PP&E changed year-over-year?
- Phillips 66's refining — gross PP&E increased by 0.3% year-over-year, from $22.8B to $22.88B.
- What is the long-term trend for Phillips 66's refining — gross PP&E?
- Over 4 years (2021 to 2025), Phillips 66's refining — gross PP&E has grown at a -1.5% compound annual growth rate (CAGR), from $100.09B to $94.17B.
- What does refining — gross PP&E mean?
- Represents the total historical cost of property, plant, and equipment assets specifically allocated to the refining business segment. This metric reflects the scale of physical infrastructure, including refineries and processing units, before accounting for depreciation. It serves as a primary indicator of the capital intensity required to maintain refining operations.
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