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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Par Value
Capital in Excess of Par
Treasury Stock
Retained Earnings
Accum. Other Comprehensive Loss
Noncontrolling Interests
Beginning Balance at Dec. 31, 2018 $ 27,153 $ 6 $ 19,873 $ (15,023) $ 20,489 $ (692) $ 2,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Tax Cuts and Jobs Act, Reclassification from AOCI to Retained Earnings, Tax Effect $ (89)            
Beginning balance, common stock issued (in shares) at Dec. 31, 2018 645,692,000            
Beginning balance, treasury stock (in shares) at Dec. 31, 2018 189,526,000            
Beginning Balance at Dec. 31, 2018 $ 27,153 6 19,873 (15,023) 20,489 (692) 2,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 270       204   66
Other comprehensive income (loss) 72         72  
Dividends paid on common stock (364)       (364)    
Repurchase of common stock (344)     (344)      
Benefit plan activity 2   4   (2)    
Issuance of Phillips 66 Partners LP common units 21   2       19
Distributions to noncontrolling interests (56)           (56)
Ending Balance at Mar. 31, 2019 $ 26,745 6 19,879 (15,367) 20,408 (709) 2,528
Beginning balance, common stock issued (in shares) at Dec. 31, 2018 645,692,000            
Beginning balance, treasury stock (in shares) at Dec. 31, 2018 189,526,000            
Stockholders' Equity, Shares [Roll Forward]              
Repurchase of common stock (in shares) 3,639,000            
Shares issued - share-based compensation (in shares) 1,024,000            
Ending balance, common stock issued (in shares) at Mar. 31, 2019 646,716,000            
Ending balance, treasury stock (in shares) at Mar. 31, 2019 193,165,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cumulative effect of accounting changes $ (9)       81 (89) (1)
Beginning Balance at Dec. 31, 2019 27,169 6 20,301 (16,673) 22,064 (788) 2,259
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (2,427)       (2,496)   69
Other comprehensive income (loss) (208)         (208)  
Dividends paid on common stock (396)       (396)    
Repurchase of common stock (443)     (443)      
Benefit plan activity 2   4   (2)    
Distributions to noncontrolling interests (61)           (61)
Tax Cuts and Jobs Act, Reclassification from AOCI to Retained Earnings, Tax Effect 3       (2) 5  
Ending Balance at Mar. 31, 2020 $ 23,639 $ 6 $ 20,305 $ (17,116) $ 19,168 $ (991) $ 2,267
Beginning balance, common stock issued (in shares) at Dec. 31, 2019 647,416,633            
Beginning balance, treasury stock (in shares) at Dec. 31, 2019 206,390,806            
Stockholders' Equity, Shares [Roll Forward]              
Repurchase of common stock (in shares) 5,381,000            
Shares issued - share-based compensation (in shares) 1,030,000            
Ending balance, common stock issued (in shares) at Mar. 31, 2020 648,446,534            
Ending balance, treasury stock (in shares) at Mar. 31, 2020 211,771,827