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Phillips 66 (WBO:PSXC) Deferred Tax : €-313 Mil (TTM As of Mar. 2025)


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What is Phillips 66 Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Phillips 66's change in deferred tax for the three months ended in Mar. 2025 was €-123 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2025 was €-313 Mil.

Phillips 66 Deferred Tax Historical Data

The historical data trend for Phillips 66's Deferred Tax 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 Deferred Tax Chart

Phillips 66 Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.57 -240.72 1,246.08 770.28 -239.71

Phillips 66 Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -50.60 -134.71 101.81 -156.62 -123.03

Phillips 66 Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-313 Mil.


* 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.

Phillips 66 Deferred Tax Related Terms

Thank you for viewing the detailed overview of Phillips 66's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.

Phillips 66 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 (WBO:PSXC) » Definitions » Deferred Tax
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MPC VLO SUN DINO IEP DKL PBF CVI WKC CAPL NSE:RELIANCE NSE:IOC XKAZ:KMGZ BOM:500547 TSE:5020 TPE:6505 XKRX:096770 NSE:HINDPETRO HKSE:00135 TSE:5019
Traded in Other Exchanges
PSX:USA 1PSX:Italy 0KHZ:UK R66:Germany
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Website
https://www.phillips66.com
Phillips 66 is an independent refiner that owns or holds interest in 11 refineries with a total crude throughput capacity of 1.8 million barrels per day, or mmb/d, at the end of 2024. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.

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