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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 19.0 $ 50.3
Accounts receivable—related parties 39.8 21.4
Accounts receivable—third parties 1.6 3.3
Materials and supplies 5.5 4.5
Prepaid expenses 3.8 1.9
Other current assets 0.4 2.3
Total Current Assets 70.1 83.7
Equity investments 1,103.4 944.9
Net properties, plants and equipment 1,674.3 1,644.1
Goodwill 2.5 2.5
Deferred rentals—related parties 5.3 5.6
Deferred tax assets 0.0 0.1
Other assets 24.9 0.7
Total Assets 2,880.5 2,681.6
Liabilities    
Accounts payable—related parties 7.3 3.9
Accounts payable—third parties 19.6 66.9
Payroll and benefits payable 0.0 0.7
Accrued property and other taxes 11.8 7.7
Accrued interest 5.1 22.2
Short-term debt 50.0  
Deferred revenues—related parties 10.0 4.6
Other current liabilities 1.1 0.9
Total Current Liabilities 104.9 106.9
Notes payable—related party   964.0
Long-term debt 1,091.4 1,090.7
Asset retirement obligations 4.0 3.9
Accrued environmental costs 0.9 0.8
Deferred income taxes 1.0 0.3
Deferred revenues—related parties—long-term 19.9 11.0
Total Liabilities 1,222.1 2,177.6
Equity    
General partner—Phillips 66 (2016—1,978,603 units issued and outstanding; 2015—1,683,425 units issued and outstanding) (599.6) (650.3)
Accumulated other comprehensive loss (1.2) (1.5)
Total Equity 1,658.4 504.0
Total Liabilities and Equity 2,880.5 2,681.6
Phillips 66 [Member]    
Equity    
Net investment—Predecessors 0.0 113.9
Public [Member] | Common Units [Member]    
Equity    
Unitholders 1,790.3 808.9
Total Equity 1,790.3 808.9
Non-public [Member] | Common Units [Member] | Phillips 66 [Member]    
Equity    
Unitholders 468.9 233.0
Total Equity $ 468.9 $ 233.0