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Phillips 66 PSX Refining — Net properties, plants and equipment
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.
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 — net properties, plants and equipment?
- Phillips 66 (PSX) reported refining — net properties, plants and equipment of $11.94B in Q2 2026.
- How has Phillips 66's refining — net properties, plants and equipment changed year-over-year?
- Phillips 66's refining — net properties, plants and equipment increased by 20.7% year-over-year, from $9.89B to $11.94B.
- What is the long-term trend for Phillips 66's refining — net properties, plants and equipment?
- Over 4 years (2021 to 2025), Phillips 66's refining — net properties, plants and equipment has grown at a -3.7% compound annual growth rate (CAGR), from $48.56B to $41.85B.
- What does refining — net properties, plants and equipment mean?
- The book value of the refining segment's physical assets, calculated as gross PP&E minus accumulated depreciation and amortization. This represents the current carrying value of the refining infrastructure on the balance sheet. It is a key metric for assessing the net capital investment deployed in the refining business.
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