Phillips 66 Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,403	2,117	7,015	11,024	1,317
Depreciation & Amortization	2,287	2,110	1,977	1,629	1,605
Loss (Gain) From Sale of Assets	-2,984	-321	-115	-7	-7
Asset Writedown & Restructuring Costs	2,024	709	24	60	1,498
Loss (Gain) From Sale of Investments	12	-	38	433	-365
Loss (Gain) on Equity Investments	120	-411	-822	-1,308	-128
Other Operating Activities	281	602	727	-1,086	-22
Change in Accounts Receivable	-	574	-696	-2,073	-922
Change in Inventory	-	-278	-245	74	511
Change in Accounts Payable	-	-491	-480	1,736	2,925
Change in Income Taxes	-	-464	-663	580	-56
Change in Other Net Operating Assets	-1,181	44	269	-249	-339
Operating Cash Flow	4,962	4,191	7,029	10,813	6,017
Operating Cash Flow Growth	18.40%	-40.38%	-34.99%	79.71%	185.03%
Capital Expenditures	-2,233	-1,859	-2,155	-1,888	-1,860
Sale of Property, Plant & Equipment	3,520	1,082	392	4	27
Cash Acquisitions	-3,498	-625	-263	-306	-
Investment in Securities	90	141	201	125	267
Other Investing Activities	24	-1,202	35	577	-306
Investing Cash Flow	-2,097	-2,463	-1,790	-1,488	-1,872
Long-Term Debt Issued	8,395	6,272	6,260	453	1,443
Long-Term Debt Repaid	-8,774	-4,140	-4,252	-2,883	-2,954
Net Debt Issued (Repaid)	-379	2,132	2,008	-2,430	-1,511
Issuance of Common Stock	107	86	123	103	26
Repurchase of Common Stock	-1,207	-3,451	-4,014	-1,513	-
Common Dividends Paid	-1,922	-1,882	-1,882	-1,793	-1,585
Other Financing Activities	-136	-190	-4,327	-755	-400
Financing Cash Flow	-3,537	-3,305	-8,092	-6,388	-3,470
Foreign Exchange Rate Adjustments	50	-8	43	49	-42
Net Cash Flow	-622	-1,585	-2,810	2,986	633
Free Cash Flow	2,729	2,332	4,874	8,925	4,157
Free Cash Flow Growth	17.02%	-52.15%	-45.39%	114.70%	-
Free Cash Flow Margin	2.06%	1.63%	3.31%	5.25%	3.73%
Free Cash Flow Per Share	6.69	5.53	10.75	18.84	9.44
Cash Interest Paid	-	901	816	572	549
Cash Income Tax Paid	-	1,186	1,397	2,071	-1,065
Levered Free Cash Flow	-	445	2,810	5,593	1,844
Unlevered Free Cash Flow	-	1,012	3,371	5,980	2,207
Change in Working Capital	-1,181	-615	-1,815	68	2,119

Source: S&P Global Market Intelligence. Standard template. Financial Sources.