v3.25.2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Basic        
Net Income Attributable to Phillips 66 $ 877 $ 1,015 $ 1,364 $ 1,763
Income allocated to participating securities (2) (3) (5) (5)
Net income available to common stockholders $ 875 $ 1,012 $ 1,359 $ 1,758
Weighted-average common shares outstanding (in shares) 405,726 421,313 406,820 424,239
Effect of share-based compensation (in shares) 1,037 1,556 1,146 1,675
Weighted-average commons shares outstanding - EPS (in shares) 406,763 422,869 407,966 425,914
Earnings Per Share of Common Stock (in usd per share) $ 2.15 $ 2.39 $ 3.33 $ 4.13
Diluted        
Net Income Attributable to Phillips 66 $ 877 $ 1,015 $ 1,364 $ 1,763
Income allocated to participating securities (1) (1) (3) (2)
Net income available to common stockholders $ 876 $ 1,014 $ 1,361 $ 1,761
Weighted-average common shares outstanding (in shares) 406,763 422,869 407,966 425,914
Effect of share-based compensation (in shares) 1,166 2,865 1,482 3,079
Weighted-average commons shares outstanding - EPS (in shares) 407,929 425,734 409,448 428,993
Earnings Per Share of Common Stock (in usd per share) $ 2.15 $ 2.38 $ 3.32 $ 4.10