Millions of Dollars | |||||||||||
At December 31, 2013 | |||||||||||
Balance Sheet | Phillips 66 | Phillips 66 Company | All Other Subsidiaries | Consolidating Adjustments | Total Consolidated | ||||||
Assets | |||||||||||
Cash and cash equivalents | $ | — | 2,162 | 3,238 | — | 5,400 | |||||
Accounts and notes receivable | 9 | 2,176 | 8,131 | (684 | ) | 9,632 | |||||
Inventories | — | 1,962 | 1,392 | — | 3,354 | ||||||
Prepaid expenses and other current assets | 10 | 368 | 473 | — | 851 | ||||||
Total Current Assets | 19 | 6,668 | 13,234 | (684 | ) | 19,237 | |||||
Investments and long-term receivables | 33,178 | 27,414 | 7,496 | (56,868 | ) | 11,220 | |||||
Net properties, plants and equipment | — | 12,031 | 3,367 | — | 15,398 | ||||||
Goodwill | — | 3,094 | 2 | — | 3,096 | ||||||
Intangibles | — | 694 | 4 | — | 698 | ||||||
Other assets | 40 | 112 | 1 | (4 | ) | 149 | |||||
Total Assets | $ | 33,237 | 50,013 | 24,104 | (57,556 | ) | 49,798 | ||||
Liabilities and Equity | |||||||||||
Accounts payable | $ | 1 | 7,508 | 4,265 | (684 | ) | 11,090 | ||||
Short-term debt | — | 18 | 6 | — | 24 | ||||||
Accrued income and other taxes | — | 250 | 622 | — | 872 | ||||||
Employee benefit obligations | — | 422 | 54 | — | 476 | ||||||
Other accruals | 49 | 178 | 242 | — | 469 | ||||||
Total Current Liabilities | 50 | 8,376 | 5,189 | (684 | ) | 12,931 | |||||
Long-term debt | 5,796 | 152 | 183 | — | 6,131 | ||||||
Asset retirement obligations and accrued environmental costs | — | 527 | 173 | — | 700 | ||||||
Deferred income taxes | — | 5,045 | 1,084 | (4 | ) | 6,125 | |||||
Employee benefit obligations | — | 724 | 197 | — | 921 | ||||||
Other liabilities and deferred credits | 5,441 | 2,153 | 7,052 | (14,048 | ) | 598 | |||||
Total Liabilities | 11,287 | 16,977 | 13,878 | (14,736 | ) | 27,406 | |||||
Common stock | 16,291 | 25,938 | 8,302 | (34,240 | ) | 16,291 | |||||
Retained earnings | 5,622 | 7,061 | 1,163 | (8,224 | ) | 5,622 | |||||
Accumulated other comprehensive income | 37 | 37 | 319 | (356 | ) | 37 | |||||
Noncontrolling interests | — | — | 442 | — | 442 | ||||||
Total Liabilities and Equity | $ | 33,237 | 50,013 | 24,104 | (57,556 | ) | 49,798 | ||||
Millions of Dollars | |||||||||||
At December 31, 2012 | |||||||||||
Balance Sheet | Phillips 66 | Phillips 66 Company | All Other Subsidiaries | Consolidating Adjustments | Total Consolidated | ||||||
Assets | |||||||||||
Cash and cash equivalents | $ | — | 2,410 | 1,064 | — | 3,474 | |||||
Accounts and notes receivable | 47 | 2,889 | 8,456 | (989 | ) | 10,403 | |||||
Inventories | — | 1,938 | 1,492 | — | 3,430 | ||||||
Prepaid expenses and other current assets | 11 | 403 | 241 | — | 655 | ||||||
Total Current Assets | 58 | 7,640 | 11,253 | (989 | ) | 17,962 | |||||
Investments and long-term receivables | 28,934 | 20,937 | 6,235 | (45,635 | ) | 10,471 | |||||
Net properties, plants and equipment | — | 11,714 | 3,693 | — | 15,407 | ||||||
Goodwill | — | 3,344 | — | — | 3,344 | ||||||
Intangibles | — | 710 | 14 | — | 724 | ||||||
Other assets | 78 | 114 | 9 | (36 | ) | 165 | |||||
Total Assets | $ | 29,070 | 44,459 | 21,204 | (46,660 | ) | 48,073 | ||||
Liabilities and Equity | |||||||||||
Accounts payable | $ | 17 | 7,014 | 4,668 | (989 | ) | 10,710 | ||||
Short-term debt | — | 13 | — | — | 13 | ||||||
Accrued income and other taxes | — | 245 | 656 | — | 901 | ||||||
Employee benefit obligations | — | 391 | 50 | — | 441 | ||||||
Other accruals | 50 | 279 | 88 | — | 417 | ||||||
Total Current Liabilities | 67 | 7,942 | 5,462 | (989 | ) | 12,482 | |||||
Long-term debt | 6,795 | 165 | 1 | — | 6,961 | ||||||
Asset retirement obligations and accrued environmental costs | — | 563 | 177 | — | 740 | ||||||
Deferred income taxes | — | 4,478 | 1,002 | (36 | ) | 5,444 | |||||
Employee benefit obligations | — | 1,094 | 231 | — | 1,325 | ||||||
Other liabilities and deferred credits | 1,433 | 1,435 | 5,768 | (8,321 | ) | 315 | |||||
Total Liabilities | 8,295 | 15,677 | 12,641 | (9,346 | ) | 27,267 | |||||
Common stock | 18,376 | 25,951 | 8,149 | (34,100 | ) | 18,376 | |||||
Retained earnings | 2,713 | 3,145 | 87 | (3,232 | ) | 2,713 | |||||
Accumulated other comprehensive income (loss) | (314 | ) | (314 | ) | 296 | 18 | (314 | ) | |||
Noncontrolling interests | — | — | 31 | — | 31 | ||||||
Total Liabilities and Equity | $ | 29,070 | 44,459 | 21,204 | (46,660 | ) | 48,073 | ||||