The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 4,528 | 2,175 | 7,239 | 11,391 |
| Depreciation and amortization | 3,251 | 2,363 | 1,977 | 1,629 |
| Impairments | 1,060 | 456 | 24 | 60 |
| Accretion on discounted liabilities | 47 | 40 | 29 | 23 |
| Deferred income taxes | 178 | -251 | 840 | 1,320 |
| Undistributed equity earnings | -120 | 411 | 822 | 1,308 |
| Loss (gain) on early redemption of debt | 0 | 3 | -53 | - |
| Net gain on dispositions | 2,984 | 321 | 115 | 7 |
| Gain related to merger of businesses | - | 0 | 0 | 3,013 |
| Unrealized investment loss | -12 | 0 | -38 | -433 |
| Other | 69 | -758 | 419 | -217 |
| Accounts and notes receivable | 508 | -574 | 696 | 2,073 |
| Inventories | -160 | 278 | 245 | -74 |
| Prepaid expenses and other current assets | 259 | -44 | -269 | 249 |
| Accounts payable | -804 | -491 | -480 | 1,736 |
| Taxes and other accruals | 230 | -464 | -663 | 580 |
| Net cash provided by operating activities | 4,962 | 4,191 | 7,029 | 10,813 |
| Capital expenditures and investments | 2,233 | 1,859 | 2,418 | 2,194 |
| Acquisitions, net of cash acquired | 3,498 | 625 | - | - |
| Purchases of government obligations | 0 | 1,100 | - | - |
| Return of investments in equity affiliates | 90 | 141 | 201 | 125 |
| Proceeds from asset dispositions | 3,520 | 1,082 | 392 | 4 |
| Advances/loansrelated parties | - | 0 | 0 | 75 |
| Collection of advances/loansrelated parties | - | 4 | 3 | 662 |
| Other | -24 | 106 | -32 | 10 |
| Net cash used in investing activities | -2,097 | -2,463 | -1,790 | -1,488 |
| Issuance of debt | 8,395 | 6,272 | 6,260 | 453 |
| Repayment of debt | 8,774 | 4,140 | 4,252 | 2,883 |
| Issuance of common stock | 107 | 86 | 123 | 103 |
| Repurchase of common stock | 1,207 | 3,451 | 4,014 | 1,513 |
| Dividends paid on common stock | 1,922 | 1,882 | 1,882 | 1,793 |
| Distributions to noncontrolling interests | 164 | 70 | 163 | 185 |
| Repurchase of noncontrolling interests | 0 | 0 | 4,067 | 500 |
| Net proceeds from issuance of phillips 66 partners lp common and preferred units | - | - | - | 0 |
| Contributions from noncontrolling interests | 132 | - | - | - |
| Other | -104 | -120 | -97 | -70 |
| Net cash used in financing activities | -3,537 | -3,305 | -8,092 | -6,388 |
| Effect of exchange rate changes on cash and cash equivalents | 50 | -8 | 43 | 49 |
| Net change in cash and cash equivalents | -622 | -1,585 | -2,810 | 2,986 |
| Cash and cash equivalents at beginning of year | 1,738 | 3,323 | 6,133 | 3,147 |
| Cash and cash equivalents at end of year | 1,116 | 1,738 | 3,323 | 6,133 |
Phillips 66 (PSX)
Phillips 66 (PSX)