Stock Analysis on Net
Stock Analysis on Net

Phillips 66 (NYSE:PSX)

This company has been moved to the archive! The financial data has not been updated since February 21, 2020.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Phillips 66, common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Accounts payable 13.70 11.26 13.32 12.38 10.61
Accounts payable, related parties 0.91 0.87 1.44 1.29 1.03
Short-term debt 0.93 0.12 0.08 1.06 0.09
Accrued income and other taxes 1.67 2.06 1.84 1.56 1.81
Employee benefit obligations 1.21 1.33 1.07 1.02 1.19
Other accruals 1.42 0.81 0.84 1.01 0.78
Current liabilities 19.83% 16.45% 18.59% 18.32% 15.50%
Long-term debt 19.10 20.43 18.52 18.56 18.20
Asset retirement obligations and accrued environmental costs 1.09 1.15 1.18 1.27 1.37
Deferred income taxes 9.46 9.71 9.21 13.05 12.44
Employee benefit obligations 1.78 1.60 1.63 2.35 2.65
Other liabilities and deferred credits 2.48 0.65 0.43 0.51 0.57
Noncurrent liabilities 33.90% 33.54% 30.97% 35.75% 35.22%
Total liabilities 53.73% 50.00% 49.55% 54.07% 50.72%
Common stock, $0.01 par value 0.01 0.01 0.01 0.01 0.01
Capital in excess of par 34.57 36.60 36.36 37.87 39.41
Treasury stock, at cost -28.39 -27.67 -19.09 -17.01 -15.94
Retained earnings 37.57 37.73 29.99 24.41 25.42
Accumulated other comprehensive loss -1.34 -1.27 -1.13 -1.93 -1.34
Stockholders’ equity 42.42% 45.40% 46.14% 43.35% 47.55%
Noncontrolling interests 3.85 4.60 4.31 2.58 1.72
Total equity 46.27% 50.00% 50.45% 45.93% 49.28%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Phillips 66 current liabilities as a percentage of total liabilities and equity decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Phillips 66 noncurrent liabilities as a percentage of total liabilities and equity increased from 2017 to 2018 and from 2018 to 2019.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Phillips 66 total liabilities as a percentage of total liabilities and equity increased from 2017 to 2018 and from 2018 to 2019.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Phillips 66 stockholders’ equity as a percentage of total liabilities and equity decreased from 2017 to 2018 and from 2018 to 2019.