Phillips 66 Quarterly Income Tax Expense (Benefit) in USD from Q1 2011 to Q4 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Phillips 66 quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q1 2011 to Q4 2024.
  • Phillips 66 Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was -$38M, a 108% decline year-over-year.
  • Phillips 66 Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $500M, a 77.6% decline year-over-year.
  • Phillips 66 annual Income Tax Expense (Benefit) for 2024 was $500M, a 77.6% decline from 2023.
  • Phillips 66 annual Income Tax Expense (Benefit) for 2023 was $2.23B, a 31.3% decline from 2022.
  • Phillips 66 annual Income Tax Expense (Benefit) for 2022 was $3.25B, a 2125% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q4 2024 $500M -$38M -$514M -108% Oct 1, 2024 Dec 31, 2024 10-K 2025-02-21
Q3 2024 $1.01B $44M -$626M -93.4% Jul 1, 2024 Sep 30, 2024 10-Q 2024-10-29
Q2 2024 $1.64B $291M -$219M -42.9% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-31
Q1 2024 $1.86B $203M -$371M -64.6% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-29
Q4 2023 $2.23B $476M -$59M -11% Oct 1, 2023 Dec 31, 2023 10-K 2025-02-21
Q3 2023 $2.29B $670M -$948M -58.6% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-29
Q2 2023 $3.24B $510M -$414M -44.8% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-31
Q1 2023 $3.65B $574M +$403M +236% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-29
Q4 2022 $3.25B $535M +$279M +109% Oct 1, 2022 Dec 31, 2022 10-K 2025-02-21
Q3 2022 $2.97B $1.62B +$1.66B Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-03
Q2 2022 $1.31B $924M +$862M +1390% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $449M $171M +$303M Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-04
Q4 2021 $146M $256M +$453M Oct 1, 2021 Dec 31, 2021 10-K 2024-02-21
Q3 2021 -$307M -$40M +$584M +93.6% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-09
Q2 2021 -$891M $62M +$440M Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-29
Q1 2021 -$1.33B -$132M -$81M -159% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-29
Q4 2020 -$1.25B -$197M -$453M -177% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-22
Q3 2020 -$797M -$624M -$774M -516% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-29
Q2 2020 -$23M -$378M -$703M -216% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-03
Q1 2020 $680M -$51M -$121M -173% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-30
Q4 2019 $801M $256M -$346M -57.5% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-18
Q3 2019 $1.15B $150M -$257M -63.1% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-30
Q2 2019 $1.4B $325M -$106M -24.6% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-31
Q1 2019 $1.51B $70M -$62M -47% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-01
Q4 2018 $1.57B $602M +$3.2B Oct 1, 2018 Dec 31, 2018 10-K 2021-02-24
Q3 2018 -$1.63B $407M $0 0% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-25
Q2 2018 -$1.63B $431M +$164M +61.4% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-26
Q1 2018 -$1.8B $132M -$102M -43.6% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-30
Q4 2017 -$1.69B -$2.6B -$2.47B -1870% Oct 1, 2017 Dec 31, 2017 10-K 2020-02-21
Q3 2017 $776M $407M +$130M +46.9% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-26
Q2 2017 $646M $267M +$63M +30.9% Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-27
Q1 2017 $583M $234M +$36M +18.2% Jan 1, 2017 Mar 31, 2017 10-Q 2018-04-27
Q4 2016 $547M -$132M -$298M -180% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-22
Q3 2016 $845M $277M -$490M -63.9% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-27
Q2 2016 $1.34B $204M -$236M -53.6% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-01
Q1 2016 $1.57B $198M -$193M -49.4% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-05
Q4 2015 $1.76B $166M -$37M -18.2% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-23
Q3 2015 $1.8B $767M +$229M +42.6% Jul 1, 2015 Sep 30, 2015 10-Q 2016-10-28
Q2 2015 $1.57B $440M -$47M -9.65% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-29
Q1 2015 $1.62B $391M -$35M -8.22% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-29
Q4 2014 $1.65B $203M -$193M -48.7% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-17
Q3 2014 $1.85B $538M +$260M +93.5% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-30
Q2 2014 $1.59B $487M -$20M -3.95% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-31
Q1 2014 $1.61B $426M -$237M -35.7% Jan 1, 2014 Mar 31, 2014 10-Q 2015-05-01
Q4 2013 $1.84B $396M -$86M -17.8% Oct 1, 2013 Dec 31, 2013 10-K 2016-02-19
Q3 2013 $1.93B $278M -$570M -67.2% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-30
Q2 2013 $2.5B $507M -$205M -28.8% Apr 1, 2013 Jun 30, 2013 10-Q 2014-07-31
Q1 2013 $2.71B $663M +$232M +53.8% Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-01
Q4 2012 $2.47B $482M +$165M +52.1% Oct 1, 2012 Dec 31, 2012 10-K 2015-02-20
Q3 2012 $2.31B $848M +$349M +69.9% Jul 1, 2012 Sep 30, 2012 10-Q 2013-10-31
Q2 2012 $1.96B $712M +$124M +21.1% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-01
Q1 2012 $1.84B $431M +$13M +3.11% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-02
Q4 2011 $1.82B $317M Oct 1, 2011 Dec 31, 2011 10-K 2014-02-21
Q3 2011 $499M Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-01
Q2 2011 $588M Apr 1, 2011 Jun 30, 2011 10-Q 2012-08-03
Q1 2011 $418M Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.