Phillips 66 (Phillips 66) Accumulated Depreciation

: $-19,480 Mil (As of Dec. 2023)

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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Phillips 66's quarterly accumulated depreciation increased from Jun. 2023 ($-18,543 Mil) to Sep. 2023 ($-18,958 Mil) and increased from Sep. 2023 ($-18,958 Mil) to Dec. 2023 ($-19,480 Mil).

Phillips 66's annual accumulated depreciation increased from Dec. 2021 ($-17,362 Mil) to Dec. 2022 ($-17,827 Mil) and increased from Dec. 2022 ($-17,827 Mil) to Dec. 2023 ($-19,480 Mil).

Phillips 66 Accumulated Depreciation Historical Data

The historical data trend for Phillips 66's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Phillips 66 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

-14,285.00

-16,507.00

-17,362.00

-17,827.00

-19,480.00

Phillips 66 Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation																-17,827.00	-18,083.00	-18,543.00	-18,958.00	-19,480.00

Phillips 66 Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Phillips 66 Accumulated Depreciation Related Terms

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Phillips 66 (Phillips 66) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 (NYSE:PSX) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

PSX:Mexico 1PSX:Italy R66:Germany R66:Germany R66:Germany R66:Germany P1SX34:Brazil PSXC:Austria

Address

2331 CityWest Boulevard, Houston, TX, USA, 77042

Website

https://www.phillips66.com

Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 1.9 million barrels per day, or mmb/d. In 2023, the Rodeo, California, facility will cease operations and be converted to produce renewable diesel. The midstream segment comprises extensive transportation and NGL processing assets and includes DCP Midstream, which holds 600 mbd of NGL fractionation and 22,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.

Executives

Zhanna Golodryga	officer: Executive Vice President	PO BOX 10247, BIRMINGHAM AL 35202-0247
Vanessa Allen Sutherland	officer: EVP, GC and Secretary	650 W PEACHTREE ST NW, ATLANTA GA 30308
Joseph Scott Pruitt	officer: Vice President and Controller	2331 CITYWEST BLVD., HOUSTON TX 77042
Kevin J Mitchell	officer: Exec. VP, Finance and CFO	3010 BRIARPARK DRIVE, HOUSTON TX 77042
Timothy D. Roberts	officer: Executive Vice President	C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Greg C. Garland	officer: Chairman, Pres. and CEO-Desig	2331 CITYWEST BLVD., HOUSTON TX 77042
Brian Mandell	officer: Senior Vice President	370 17TH STREET, SUITE 2500, DENVER CO 80202
Gregory Hayes	director	870 WINTER STREET, WALTHAM MA 02451
Paula Ann Johnson	officer: SVP, Gen Counsel & Sec (Desig)	600 N. DAIRY ASHFORD, HOUSTON TX 77079
Richard G Harbison	officer: Senior VP, Refining	2331 CITYWEST BLVD., HOUSTON TX 77042
Robert A Herman	officer: Executive Vice President	3010 BRIARPARK DRIVE, 9TH FLOOR, HOUSTON TX 77042
Douglas T Terreson	director	2331 CITYWEST BLVD., HOUSTON TX 77042
Denise R Singleton	director	3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Mark E Lashier	officer: President and COO	2331 CITYWEST BLVD., HOUSTON TX 77042
Charles M Holley	director