Phillips 66 (LTS:0KHZ) Accumulated Depreciation : $-19,503 Mil (As of Mar. 2024)

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What is Phillips 66 Accumulated Depreciation?

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 Sep. 2023 ($-18,958 Mil) to Dec. 2023 ($-19,480 Mil) and increased from Dec. 2023 ($-19,480 Mil) to Mar. 2024 ($-19,503 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 Accumulated Depreciation Chart

Phillips 66 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-14,285.00

-16,507.00

-17,362.00

-17,827.00

-19,480.00

Phillips 66 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-18,083.00	-18,543.00	-18,958.00	-19,480.00	-19,503.00

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 (LTS:0KHZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 (LTS:0KHZ) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

PSX:USA PSX:Mexico 1PSX:Italy 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.

Phillips 66 (LTS:0KHZ) Headlines

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