Discontinued — last reported Q1 '18
Consolidation · Income Tax Expense Benefit
Reportable Legal Entities — Income Tax Expense Benefit
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2018
Rolls up toIncome Tax
How to read this metric
An increase in expense relative to earnings may indicate a higher effective tax rate, while a benefit may signal tax credits or loss carryforwards.
Detailed definition
This represents the total income tax expense or benefit recognized by the consolidated legal entities during the reporti...
Peer comparison
Standard income tax line item found in the income statement of all corporate entities.
Metric ID:
psx_segment_reportable_legal_entities_income_tax_expense_benefitSimilar Metrics at Other Companies
Frequently Asked Questions
- What does reportable legal entities — income tax expense benefit mean?
- The total amount of income tax the company owes or is credited for during the period.