Form 8-K

8-K — Phillips 66

Accession: 0001534701-26-000030

Filed: 2026-08-05

Period: 2026-08-05

CIK: 0001534701

SIC: 2911 (PETROLEUM REFINING)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — psx-20260805.htm (Primary)

EX-99.1 (psx-2026630_ex991.htm)

EX-99.2 (psx-20260630_erxsuppinfoxe.htm)

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XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: psx-20260805.htm · Sequence: 1

psx-20260805

0001534701false00015347012026-08-052026-08-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

August 5, 2026

Date of Report (date of earliest event reported)

Phillips 66

(Exact name of registrant as specified in its charter)

Delaware 001-35349 45-3779385

(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

2331 CityWest Boulevard

Houston, Texas 77042

(Address of Principal Executive Offices and Zip Code)

(832) 765-3010

Registrant's telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common stock, $0.01 par value PSX New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 5, 2026, Phillips 66 issued a press release announcing the company's financial and operating results for the quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. Additional financial and operating information about the quarter is furnished as Exhibit 99.2 hereto and incorporated herein by reference.

The information in this report and the exhibits attached hereto shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1

—

Press release issued by Phillips 66 on August 5, 2026

99.2

—

Supplemental financial and operating information.

104 — Cover Page Interactive Data File (embedded within the Inline XBRL document).

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PHILLIPS 66

By: /s/ Ann M. Kluppel

Ann M. Kluppel

Senior Vice President and Controller

Date: August 5, 2026

2

EX-99.1

EX-99.1

Filename: psx-2026630_ex991.htm · Sequence: 2

Document

Exhibit 99.1

•Reported second-quarter earnings of $3.8 billion or $9.55 per share; adjusted earnings of $3.8 billion or $9.41 per share

•Decreased total debt by $6.6 billion to $20.6 billion; net debt reduced to $16.5 billion

•Achieved record NGL fractionation volumes and LPG export volumes

•Delivered strong Refining utilization of 96% and clean product yield of 86%

•Earned industry recognition for 2025 exemplary safety performance in Midstream, Refining and Chemicals

HOUSTON, August 5, 2026 – Phillips 66 (NYSE: PSX) announced second-quarter earnings.

“Second quarter results reflect the strength of our operations and value of our integrated portfolio,” said Mark Lashier, chairman and CEO of Phillips 66. “We remain committed to our strategic priorities and continuous improvement. Our focus on operating excellence, coupled with our commercial footprint, enables us to reliably supply energy products across the United States and to global consumers.

“Our capital allocation framework is an integral component of the investment opportunity of Phillips 66. We remain committed to creating value for our stakeholders through disciplined capital investment, dividends, share repurchases and debt reduction.”

Business Highlights

•Achieved full production at Dos Picos II, a 220 million cubic feet per day (“MMCFD”) gas plant in the Permian Basin.

•Announced the construction of the 300 MMCFD Zeus Gas Plant in the Permian Basin and a 100 thousand barrels per day (“MBD”) Coastal Bend NGL Fractionator in Corpus Christi.

•Completed successful turnarounds at the Wood River and Humber refineries.

•Chevron Phillips Chemical Company LLC (“CPChem”) progressed the Golden Triangle Polymers Project in Orange, Texas, and Ras Laffan Polymers Project in Qatar, with full operations expected in 2027.

Financial Results Summary

(in millions of dollars, except as indicated)

2Q 2026 1Q 2026

Earnings $ 3,847 207

Adjusted Earnings1

3,788 200

Adjusted EBITDA1

5,891 1,230

Earnings Per Share

Earnings Per Share - Diluted 9.55 0.51

Adjusted Earnings Per Share - Diluted1

9.41 0.49

Cash Flow from (Used in) Operations 7,259 (2,264)

Cash Flow from Operations, Excluding Working Capital1

4,317 699

Capital Expenditures & Investments 726 582

Acquisitions, Net of Cash Acquired 113 66

Proceeds from Asset Dispositions 64 7

Return of Capital to Shareholders 887 778

Repurchases of Common stock 379 269

Dividends paid on Common stock 508 509

Cash and Cash Equivalents 4,099 5,150

Debt 20,565 27,124

Net Debt1

16,466 21,974

Debt-to-Capital Ratio 39% 48%

Net Debt-to-Capital Ratio1

33% 43%

1 Represents a non-GAAP financial measure. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

Segment Financial and Operating Highlights

(Millions of dollars, except as indicated)

2Q 2026 1Q 2026 Change

Earnings (Loss)1

$ 3,847 207 3,640

Midstream 785 591 194

Chemicals 404 114 290

Refining 3,062 208 2,854

Marketing and Specialties 583 (161) 744

Renewable Fuels 544 (41) 585

Corporate and Other (407) (451) 44

Income tax expense (1,092) (41) (1,051)

Noncontrolling interests (32) (12) (20)

Adjusted Earnings (Loss)1,2

$ 3,788 200 3,588

Midstream 785 591 194

Chemicals 404 85 319

Refining 3,086 208 2,878

Marketing and Specialties 514 (141) 655

Renewable Fuels 544 (41) 585

Corporate and Other (407) (451) 44

Income tax expense (1,106) (39) (1,067)

Noncontrolling interests (32) (12) (20)

Adjusted EBITDA2

$ 5,891 1,230 4,661

Midstream 1,046 860 186

Chemicals 528 212 316

Refining 3,307 423 2,884

Marketing and Specialties 580 (86) 666

Renewable Fuels 568 (18) 586

Corporate and Other (138) (161) 23

Operating Highlights

NGL Pipeline Throughput - Y-Grade to Market (MBD)3

943 930 13

NGL Fractionated (MBD) 1,020 980 40

Chemicals Global O&P Capacity Utilization 91% 94% (3%)

Refining

Turnaround Expense 123 178 (55)

Realized Margin ($/BBL)2

24.08 10.11 13.97

Crude Capacity Utilization 96% 95% 1%

Clean Product Yield 86% 87% (1%)

Renewable Fuels Produced (MBD) 53 40 13

1 Segment reporting is pre-tax.

2 Represents a non-GAAP financial measure. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release.

3 Represents volumes delivered to fractionation hubs, including Mont Belvieu, Sweeny and Conway. Includes 100% of DCP Midstream Class A Segment and Phillips 66's direct interest in DCP Sand Hills Pipeline, LLC and DCP Southern Hills Pipeline, LLC.

Second-Quarter 2026 Financial Results

Reported earnings were $3.8 billion for the second quarter of 2026 versus $207 million in the first quarter of 2026. Second-quarter earnings included pre-tax special item adjustments of $69 million in the Marketing and Specialties segment and ($24) million in the Refining segment. Adjusted earnings for the second quarter were $3.8 billion versus adjusted earnings of $200 million in the first quarter of 2026.

•Midstream pre-tax income increased compared with the first quarter mainly due to higher margins, as well as higher volumes largely driven by the absence of last quarter’s Winter Storm Fern impacts.

•Chemicals adjusted pre-tax income increased compared with the first quarter mainly due to higher margins.

•Refining adjusted pre-tax income increased compared with the first quarter mainly due to higher realized margins. Margins were primarily driven by an increase in market crack spreads and favorable mark-to-market impacts.

•Marketing and Specialties adjusted pre-tax income increased compared with the first quarter mainly due to higher global marketing margins and favorable mark-to-market impacts.

•Renewable Fuels pre-tax income increased compared with the first quarter mainly due to higher regulatory credits from higher pricing and renewable fuels production, as well as favorable mark-to-market impacts.

•Corporate and Other pre-tax loss decreased compared with the first quarter primarily due to lower net interest expense and employee-related costs.

As of June 30, 2026, the company had $4.1 billion of cash and cash equivalents and $6.4 billion of committed capacity available under credit facilities.

Investor Webcast

Members of Phillips 66 executive management will host a webcast at noon ET to provide an update on the company’s strategic initiatives and discuss the company’s second-quarter performance. To access the webcast and view related presentation materials, go to phillips66.com/investors and click on “Events & Presentations.” For detailed supplemental information, go to phillips66.com/supplemental.

About Phillips 66

Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Texas, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.

- # # # -

Investor Relations

investorrelations@p66.com

Media Relations

phillips66media@p66.com

Use of Non-GAAP Financial Information—This news release includes the terms “adjusted earnings (loss),” “adjusted pre-tax income (loss),” “adjusted EBITDA,” “adjusted earnings per share,” “adjusted controllable cost,” “cash from (used in) operations, excluding working capital,” “realized refining margin,” “net debt,” and “net debt-to-capital ratio.” These are non-GAAP financial measures that are included to help facilitate comparisons of operating performance across periods, to help facilitate comparisons with other companies in our industry and to help facilitate determination of enterprise value. Where applicable, these measures exclude items that do not reflect the core operating results of our businesses in the current period or other adjustments to reflect how management analyzes results. Reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measure are included within this release. References in the release to earnings refer to net income attributable to Phillips 66. References in the release to shareholder distributions refer to the sum of dividends paid to Phillips 66 stockholders and proceeds used by Phillips 66 to repurchase shares of its common stock.

Basis of Presentation— Phillips 66 and Refining results included herein through September 30, 2025, include our proportional share of WRB Refining LP equity earnings and beginning October 1, 2025, includes 100% of Borger Refinery and Wood River Refinery consolidated due to the acquisition of the remaining 50% of WRB.

Cautionary Statement for the Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995—This news release contains forward-looking statements within the meaning of the federal securities laws relating to Phillips 66’s operations, strategy and performance. Words such as “anticipated,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: changes in governmental policies relating to NGL, crude oil, natural gas, refined petroleum or renewable fuels products pricing, regulation or taxation, including exports; our ability to timely obtain or maintain permits, including those necessary for capital projects; fluctuations in NGL, crude oil, refined petroleum products, renewable fuels, renewable feedstocks and natural gas prices, and refined product, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for our products; changes to government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for biofuels; liability resulting from pending or future litigation or other legal proceedings; liability for remedial actions, including removal and reclamation obligations under environmental regulations; unexpected changes in costs or technical requirements for constructing, modifying or operating our facilities or transporting our products; our ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that we may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected technological or commercial difficulties in manufacturing, refining or transporting our products, including chemical products; the level and success of producers’ drilling plans and the amount and quality of production volumes around our midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; changes in the cost or availability of adequate and reliable transportation for our NGL, crude oil, natural gas and refined petroleum and renewable fuels products; failure to complete definitive agreements and feasibility studies for, and to complete construction of, announced and future capital projects on time or within budget; our ability to comply with governmental regulations or make capital expenditures to maintain compliance; limited access to capital or significantly higher cost of capital related to our credit profile or illiquidity or uncertainty in the domestic or international financial markets; damage to our facilities due to accidents, weather and climate events, civil unrest, insurrections, political events, terrorism or cyberattacks; domestic and international economic and political developments including war and armed hostilities, instability in the financial services and banking sector, excess inflation, expropriation of assets and changes in fiscal policy, including interest rates; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and properties, plants and equipment and/or strategic decisions or other developments with respect to our asset portfolio that cause impairment charges; substantial investments required, or reduced demand for products, as a result of existing or future environmental rules and regulations, including greenhouse gas emissions reductions and reduced consumer demand for refined petroleum products; changes in tax, environmental and other laws and regulations (including alternative energy mandates) applicable to our business; political and societal concerns about climate change that could result in changes to our business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of our joint ventures that we do not control; the potential impact of activist shareholder actions or tactics; and other economic, business, competitive and/or regulatory factors affecting Phillips 66’s businesses generally as set forth in our filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Earnings (Loss)

Millions of Dollars

2026 2025

2Q 1Q Jun YTD 2Q Jun YTD

Midstream $ 785  591  1,376  731  1,482

Chemicals 404  114  518  20  133

Refining 3,062  208  3,270  359  (578)

Marketing and Specialties 583  (161) 422  571  1,853

Renewable Fuels 544  (41) 503  (133) (318)

Corporate and Other (407) (451) (858) (428) (804)

Pre-Tax Income 4,971  260  5,231  1,120  1,768

Less: Income tax expense 1,092  41  1,133  212  334

Less: Noncontrolling interests 32  12  44  31  70

Phillips 66 $ 3,847  207  4,054  877  1,364

Adjusted Earnings (Loss)

Millions of Dollars

2026 2025

2Q 1Q Jun YTD 2Q Jun YTD

Midstream $ 785  591  1,376  731  1,414

Chemicals 404  85  489  20  133

Refining 3,086  208  3,294  392  (545)

Marketing and Specialties 514  (141) 373  660  925

Renewable Fuels 544  (41) 503  (133) (318)

Corporate and Other (407) (451) (858) (383) (738)

Pre-Tax Income (Loss) 4,926  251  5,177  1,287  871

Less: Income tax expense 1,106  39  1,145  283  205

Less: Noncontrolling interests 32  12  44  31  61

Phillips 66 $ 3,788  200  3,988  973  605

Page 1

Exhibit 99.1

Millions of Dollars

Except as Indicated

2026 2025

2Q 1Q Jun YTD 2Q Jun YTD

Reconciliation of Consolidated Earnings to Adjusted Earnings

Consolidated Earnings $ 3,847  207  4,054  877  1,364

Pre-tax adjustments:

Impairments —  —  —  —  21

Net (gain) loss on asset dispositions1

(110) —  (110) 89  (996)

Lower-of-cost-or-market inventory adjustments —  (29) (29) —  —

Legal accrual2

65  20  85  33  33

Professional advisory fees —  —  —  45  45

Tax impact of adjustments3

(14) 2  (12) (40) 160

Other tax impacts —  —  —  (31) (31)

Noncontrolling interests —  —  —  —  9

Adjusted earnings $ 3,788  200  3,988  973  605

Earnings per share of common stock (dollars)

$ 9.55  0.51  10.05  2.15  3.32

Adjusted earnings per share of common stock (dollars)

$ 9.41  0.49  9.88  2.38  1.47

Adjusted weighted-average diluted common shares outstanding (thousands)

402,618  403,273  403,472  407,934  409,012

Reconciliation of Segment Pre-Tax Income (Loss) to Adjusted Pre-Tax Income (Loss)

Midstream Pre-Tax Income $ 785  591  1,376  731  1,482

Pre-tax adjustments:

Net gain on asset dispositions —  —  —  —  (68)

Adjusted pre-tax income $ 785  591  1,376  731  1,414

Chemicals Pre-Tax Income $ 404  114  518  20  133

Pre-tax adjustments:

Lower-of-cost-or-market inventory adjustments —  (29) (29) —  —

Adjusted pre-tax income $ 404  85  489  20  133

Refining Pre-Tax Income (Loss) $ 3,062  208  3,270  359  (578)

Pre-tax adjustments:

Legal accrual 24  —  24  33  33

Adjusted pre-tax income (loss) $ 3,086  208  3,294  392  (545)

Marketing and Specialties Pre-Tax Income (Loss) $ 583  (161) 422  571  1,853

Pre-tax adjustments:

Net (gain) loss on asset dispositions1

(110) —  (110) 89  (928)

Legal accrual2

41  20  61  —  —

Adjusted pre-tax income (loss) $ 514  (141) 373  660  925

Page 2

Exhibit 99.1

Renewable Fuels Pre-Tax Income (Loss) $ 544  (41) 503  (133) (318)

Pre-tax adjustments:

None —  —  —  —  —

Adjusted pre-tax income (loss) $ 544  (41) 503  (133) (318)

Corporate and Other Pre-Tax Loss $ (407) (451) (858) (428) (804)

Pre-tax adjustments:

Impairments —  —  —  —  21

Professional advisory fees —  —  —  45  45

Adjusted pre-tax loss $ (407) (451) (858) (383) (738)

1 Net gain on dispositions in the second quarter of 2026 relates to the post-closing adjustments from the December 2025 sale of 65% of our interest in our Germany and Austria retail marketing business.

2 Legal accrual primarily related to ongoing litigation with Propel Fuels, Inc.

3 We generally tax effect taxable U.S.-based special items using a combined federal and state annual statutory income tax rate of approximately 24%. Taxable special items attributable to foreign locations likewise generally use a local statutory income tax rate, but certain transactions may be partially exempt, which could result in a lower overall effective tax rate on these items. Nontaxable events reflect zero income tax. These events include, but are not limited to, most goodwill impairments, transactions legislatively exempt from income tax, transactions related to entities for which we have made an assertion that the undistributed earnings are permanently reinvested, or transactions occurring in jurisdictions with a valuation allowance.

Page 3

Exhibit 99.1

Millions of Dollars Except as Indicated

2026

2Q 1Q

Reconciliation of Consolidated Net Income to Adjusted EBITDA Attributable to Phillips 66

Net Income $ 3,879  219

Plus:

Income tax expense 1,092  41

Net interest expense 233  255

Depreciation and amortization 585  558

Phillips 66 EBITDA $ 5,789  1,073

Special Item Adjustments (pre-tax):

Lower-of-cost-or-market inventory adjustments —  (29)

Net gain on asset dispositions (110) —

Legal accrual 65  20

Total Special Item Adjustments (pre-tax) (45) (9)

Change in Fair Value of NOVONIX Investment 6  9

Phillips 66 EBITDA, Adjusted for Special Items and Change in Fair Value of NOVONIX Investment $ 5,750  1,073

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 14  19

Proportional share of selected equity affiliates net interest 11  11

Proportional share of selected equity affiliates depreciation and amortization 168  161

Adjusted EBITDA attributable to noncontrolling interests (52) (34)

Phillips 66 Adjusted EBITDA $ 5,891  1,230

Reconciliation of Segment Income before Income Taxes to Adjusted EBITDA

Midstream Income before income taxes $ 785  591

Plus:

Depreciation and amortization 284  274

Midstream EBITDA $ 1,069  865

Special Item Adjustments (pre-tax):

None —  —

Midstream EBITDA, Adjusted for Special Items $ 1,069  865

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 2  3

Proportional share of selected equity affiliates net interest 3  3

Proportional share of selected equity affiliates depreciation and amortization 24  23

Adjusted EBITDA attributable to noncontrolling interests (52) (34)

Midstream Adjusted EBITDA $ 1,046  860

Page 4

Exhibit 99.1

Chemicals Income before income taxes $ 404  114

Plus:

None —  —

Chemicals EBITDA $ 404  114

Special Item Adjustments (pre-tax):

Lower-of-cost-or-market inventory adjustment —  (29)

Chemicals EBITDA, Adjusted for Special Items $ 404  85

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 2  13

Proportional share of selected equity affiliates net interest —  (1)

Proportional share of selected equity affiliates depreciation and amortization 122  115

Chemicals Adjusted EBITDA $ 528  212

Refining Income before income taxes $ 3,062  208

Plus:

Depreciation and amortization 221  215

Refining EBITDA $ 3,283  423

Special Item Adjustments (pre-tax):

Legal accrual 24  —

Refining EBITDA, Adjusted for Special Items $ 3,307  423

Marketing and Specialties Income (loss) before income taxes $ 583  (161)

Plus:

Depreciation and amortization 26  20

Marketing and Specialties EBITDA $ 609  (141)

Special Item Adjustments (pre-tax):

Legal accrual 41  20

Net gain on asset dispositions (110) —

Marketing and Specialties EBITDA, Adjusted for Special Items $ 540  (121)

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 10  3

Proportional share of selected equity affiliates net interest 8  9

Proportional share of selected equity affiliates depreciation and amortization 22  23

Marketing and Specialties Adjusted EBITDA $ 580  (86)

Renewable Fuels Income (loss) before income taxes $ 544  (41)

Plus:

Depreciation and amortization 24  23

Renewable Fuels EBITDA $ 568  (18)

Special Item Adjustments (pre-tax):

None —  —

Renewable Fuels EBITDA, Adjusted for Special Items $ 568  (18)

Corporate and Other Loss before income taxes $ (407) (451)

Plus:

Net interest expense 233  255

Depreciation and amortization 30  26

Corporate and Other EBITDA $ (144) (170)

Page 5

Exhibit 99.1

Special Item Adjustments (pre-tax):

None —  —

Total Special Item Adjustments (pre-tax) —  —

Change in Fair Value of NOVONIX Investment 6  9

Corporate EBITDA, Adjusted for Special Items and Change in

Fair Value of NOVONIX Investment $ (138) (161)

Millions of Dollars

Except as Indicated

June 30, 2026 March 31, 2026

Debt-to-Capital Ratio

Total Debt $ 20,565 27,124

Total Equity 32,703 29,681

Debt-to-Capital Ratio 39% 48%

Cash and Cash Equivalents 4,099 5,150

Net Debt-to-Capital Ratio 33% 43%

Millions of Dollars

June 30, 2026 March 31, 2026

Net Debt

Total Debt $ 20,565 27,124

Less: Cash and Cash Equivalents 4,099 5,150

Net Debt $ 16,466 $ 21,974

Page 6

Exhibit 99.1

Millions of Dollars Except as Indicated

2026

2Q 1Q

Reconciliation of Refining Income Before Income Taxes to Realized Refining

Margins

Income before income taxes $ 3,062  208

Plus:

Taxes other than income taxes 88  106

Depreciation, amortization and impairments 222  217

Selling, general and administrative expenses 25  52

Operating expenses 1,144  1,229

Equity in losses of affiliates 1  —

Other segment income, net (63) (11)

Proportional share of refining gross margins contributed by equity affiliates 20  26

Special items:

None —  —

Realized refining margins $ 4,499  1,827

Total processed inputs (thousands of barrels)

186,860  180,801

Income before income taxes (dollars per barrel)1

$ 16.39  1.15

Realized refining margins (dollars per barrel)2

$ 24.08  10.11

1 Income before income taxes divided by total processed inputs.

2 Realized refining margins per barrel, as presented, are calculated using the underlying realized refining margin amounts, in dollars, divided by total processed inputs, in barrels. As such, recalculated per barrel amounts using the rounded margins and barrels presented may differ from the presented per barrel amounts.

Page 7

EX-99.2

EX-99.2

Filename: psx-20260630_erxsuppinfoxe.htm · Sequence: 3

Document

Exhibit 99.2

Phillips 66 Earnings Release Supplemental Data

CONSOLIDATED INCOME STATEMENT ¹

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Revenues and Other Income

Sales and other operating revenues 32,540  51,004  83,544 30,430  33,323  34,515  34,108  132,376

Equity in earnings of affiliates 252  635  887 153  153  337  119  762

Net gain (loss) on dispositions 6  117  123 1,087  (93) 11  1,979  2,984

Other income 204  288  492 56  139  116  127  438

Total Revenues and Other Income 33,002  52,044  85,046 31,726  33,522  34,979  36,333  136,560

Costs and Expenses

Purchased crude oil and products 29,216  43,664  72,880 27,660  29,077  30,219  29,137  116,093

Operating expenses 1,881  1,810  3,691 1,622  1,440  1,492  1,869  6,423

Selling, general and administrative expenses 537  538  1,075 519  582  792  544  2,437

Depreciation and amortization 558  585  1,143 791  816  826  818  3,251

Impairments 8  9  17 26  4  951  79  1,060

Taxes other than income taxes 234  127  361 233  218  221  119  791

Accretion on discounted liabilities 12  13  25 12  10  12  13  47

Interest and debt expense 286  314  600 221  264  259  295  1,039

Foreign currency transaction (gains) losses 10  13  23 (6) (9) 8  6  (1)

Total Costs and Expenses 32,742  47,073  79,815 31,078  32,402  34,780  32,880  131,140

Income before income taxes 260  4,971  5,231 648  1,120  199  3,453  5,420

Income tax expense 41  1,092  1,133 122  212  32  526  892

Net Income 219  3,879  4,098 526  908  167  2,927  4,528

Less: net income attributable to

noncontrolling interests 12  32  44 39  31  34  21  125

Net Income Attributable to Phillips 66 207  3,847  4,054 487  877  133  2,906  4,403

Net Income Attributable to Phillips 66 Per Share

of Common Stock (dollars)

Basic 0.51  9.59  10.09 1.19  2.15  0.32  7.20  10.82

Diluted 0.51  9.55  10.05 1.18  2.15  0.32  7.17  10.79

Weighted-Average Common Shares Outstanding

(thousands)

Basic 402,036  400,954  401,493 409,182  406,763  404,508  403,122  406,008

Diluted 403,273  402,618  403,472 410,505  407,929  405,549  405,146  408,053

Effective tax rate (%) ² 15.9  % 22.0  % 21.7  % 18.8  % 19.0  % 16.0  % 15.2  % 16.5  %

Adjusted effective tax rate (%) ² 15.7  % 22.4  % 22.1  % 18.8  % 22.0  % 22.9  % 22.6  % 22.9  %

1 Refer to Change in Basis of Presentation on page 14.

2 Effective tax rate (%) and Adjusted effective tax rate (%), as presented, are calculated using the underlying Income Tax Expense divided by Income Before Income Taxes. As such, recalculated tax rate percentages using the rounded

Income Before Income Taxes and Income Tax Expense may differ from the presented tax rates (%).

Page 1

Phillips 66 Earnings Release Supplemental Data

RECONCILIATION OF INCOME (LOSS) BEFORE INCOME TAXES BY SEGMENT TO

NET INCOME ATTRIBUTABLE TO PHILLIPS 66

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Midstream 591  785  1,376  751  731  697  638  2,817

Chemicals 114  404  518  113  20  176  (12) 297

Refining ¹ 208  3,062  3,270  (937) 359  (518) 822  (274)

Marketing and Specialties (161) 583  422  1,282  571  251  2,396  4,500

Renewable Fuels (41) 544  503  (185) (133) (43) (19) (380)

Corporate and Other (451) (407) (858) (376) (428) (364) (372) (1,540)

Income before income taxes 260  4,971  5,231  648  1,120  199  3,453  5,420

Less: income tax expense 41  1,092  1,133  122  212  32  526  892

Net Income 219  3,879  4,098  526  908  167  2,927  4,528

Less: net income attributable to

noncontrolling interests 12  32  44  39  31  34  21  125

Net Income Attributable to Phillips 66 207  3,847  4,054  487  877  133  2,906  4,403

RECONCILIATION OF ADJUSTED INCOME (LOSS) BEFORE INCOME TAXES BY SEGMENT TO

ADJUSTED NET INCOME ATTRIBUTABLE TO PHILLIPS 66

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Midstream

Transportation 247  250  497  243  242  194  239  918

NGL 344  535  879  440  489  503  478  1,910

Total Midstream 591  785  1,376  683  731  697  717  2,828

Chemicals 85  404  489  113  20  176  19  328

Refining

Atlantic Basin/Europe 367  376  743  (199) 82  250  291  424

Gulf Coast 204  953  1,157  (333) 101  119  252  139

Central Corridor ¹ (418) 1,599  1,181  (50) 392  368  367  1,077

West Coast 55  158  213  (355) (183) (307) (368) (1,213)

Total Refining 208  3,086  3,294  (937) 392  430  542  427

Marketing and Specialties (141) 514  373  265  660  477  439  1,841

Renewable Fuels (41) 544  503  (185) (133) (43) (19) (380)

Corporate and Other (451) (407) (858) (355) (383) (364) (363) (1,465)

Adjusted income (loss) before income taxes 251  4,926  5,177  (416) 1,287  1,373  1,335  3,579

Less: adjusted income tax expense (benefit) 39  1,106  1,145  (78) 283  314  302  821

Adjusted Net Income (Loss) 212  3,820  4,032  (338) 1,004  1,059  1,033  2,758

Less: adjusted net income attributable to

noncontrolling interests 12  32  44  30  31  34  31  126

Adjusted Net Income (Loss) Attributable to Phillips 66 200  3,788  3,988  (368) 973  1,025  1,002  2,632

Adjusted Net Income (Loss) Attributable to Phillips 66

Per Share of Common Stock (dollars)

Diluted ² 0.49  9.41  9.88  (0.90) 2.38  2.52  2.47  6.44

Adjusted Weighted-Average Common Shares Outstanding

(thousands)

Diluted 403,273  402,618  403,472  409,182 407,934 406,045 404,733 407,605

ADJUSTED EBITDA BY SEGMENT ³

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Midstream

Transportation 306  316  622  300  301  292  299  1,192

NGL 554  730  1,284  585  671  672  653  2,581

Total Midstream 860  1,046  1,906  885  972  964  952  3,773

Chemicals 212  528  740  244  148  308  145  845

Refining ¹ 423  3,307  3,730  (452) 867  904  1,019  2,338

Marketing and Specialties (86) 580  494  315  718  525  488  2,046

Renewable Fuels (18) 568  550  (162) (110) (18) 5  (285)

Corporate and Other (161) (138) (299) (94) (94) (89) (77) (354)

Adjusted EBITDA 1,230  5,891  7,121  736  2,501  2,594  2,532  8,363

1 Refer to Change in Basis of Presentation on page 14.

2 Income allocated to participating securities, if applicable, in the adjusted earnings per share calculation is the same as that used in the GAAP diluted earnings per share calculation. Recalculated diluted EPS using the rounded

components may differ from the presented diluted EPS.

3 Refer to Use of Non-GAAP Financial Information on page 14. Also, refer to reconciliations of income (loss) before income taxes to segment Adjusted EBITDA in the "Midstream", "Chemicals", "Refining", "Marketing and

Specialties", "Renewable Fuels", "Corporate and Other" sections, as well as the "Reconciliation of Consolidated Net Income to Adjusted EBITDA Attributable to Phillips 66" on page 14. Adjusted EBITDA and Adjusted EBITDA by

segment presented includes our proportional share of selected equity affiliates.

Page 2

Phillips 66 Earnings Release Supplemental Data

SPECIAL ITEMS INCLUDED IN INCOME (LOSS) BEFORE INCOME TAXES BY SEGMENT

AND NET INCOME ATTRIBUTABLE TO PHILLIPS 66

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Midstream

Net gain on asset dispositions —  —  —  68  —  —  —  68

Impairments —  —  —  —  —  —  (79) (79)

Total Midstream —  —  —  68  —  —  (79) (11)

Chemicals

Lower of cost or market inventory adjustment 29  —  29  —  —  —  (31) (31)

Total Chemicals 29  —  29  —  —  —  (31) (31)

Refining

Certain tax impacts —  —  —  —  —  —  11  11

Impairments —  —  —  —  —  (948) —  (948)

Los Angeles Refinery cessation costs —  —  —  —  —  —  (35) (35)

Legal accrual —  (24) (24) —  (33) —  —  (33)

Legal settlement —  —  —  —  —  —  181  181

Pending claims and settlements —  —  —  —  —  —  123  123

Total Refining —  (24) (24) —  (33) (948) 280  (701)

Marketing and Specialties

Legal accrual ¹ (20) (41) (61) —  —  (241) (21) (262)

Net gain (loss) on asset dispositions ² —  110  110  1,017  (89) 15  1,978  2,921

Total Marketing and Specialties (20) 69  49  1,017  (89) (226) 1,957  2,659

Renewable Fuels —  —  —  —  —  —  —  —

Corporate and Other

Impairments —  —  —  (21) —  —  —  (21)

Professional advisory fees —  —  —  —  (45) —  —  (45)

Interest Expense —  —  —  —  —  —  (9) (9)

Total Corporate and Other —  —  —  (21) (45) —  (9) (75)

Total Special Items (Pre-tax) 9  45  54  1,064  (167) (1,174) 2,118  1,841

Less: Income Tax Expense (Benefit)

Tax impact of pre-tax special items ³ 2  (14) (12) 200  (40) (282) 19  (103)

Other tax impacts —  —  —  —  (31) —  205  174

Total Income Tax Expense (Benefit) 2  (14) (12) 200  (71) (282) 224  71

Less: Income (Loss) Attributable to Noncontrolling Interests

Net gain on asset dispositions —  —  —  9  —  —  —  9

Impairment of certain DCP assets —  —  —  —  —  —  (10) (10)

Total Income (Loss) Attributable to Noncontrolling Interests —  —  —  9  —  —  (10) (1)

Total Phillips 66 Special Items (After-tax) 7  59  66  855  (96) (892) 1,904  1,771

SPECIAL ITEMS INCLUDED IN INCOME (LOSS) BEFORE INCOME TAXES BY BUSINESS LINES/REGIONS

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Midstream

Transportation —  —  —  —  —  —  —  —

NGL —  —  —  68  —  —  (79) (11)

Total Midstream —  —  —  68  —  —  (79) (11)

Refining

Atlantic Basin/Europe —  (24) (24) —  (33) —  11  (22)

Gulf Coast —  —  —  —  —  —  —  —

Central Corridor —  —  —  —  —  (948) 304  (644)

West Coast —  —  —  —  —  —  (35) (35)

Total Refining —  (24) (24) —  (33) (948) 280  (701)

1 Legal accruals related to ongoing litigation with Propel Fuels, Inc

2 Net gain on dispositions in the second quarter relates to the post-closing adjustments from the December 2025 sale of 65% of our interest in our Germany and Austria retail marketing business.

3 We generally tax effect taxable U.S.-based special items using a combined federal and state annual statutory income tax rate of approximately 24%. Taxable special items attributable to foreign locations likewise generally use a

local statutory income tax rate, but certain transactions may be partially exempt, which could result in a lower overall effective tax rate on these items. Nontaxable events reflect zero income tax. These events include, but are not

limited to, most goodwill impairments, transactions legislatively exempt from income tax, transactions related to entities for which we have made an assertion that the undistributed earnings are permanently reinvested, or transactions

occurring in jurisdictions with a valuation allowance.

Page 3

Phillips 66 Earnings Release Supplemental Data

CASH FLOW INFORMATION ¹

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Cash Flows From Operating Activities

Net income 219  3,879  4,098  526  908  167  2,927  4,528

Depreciation and amortization 558  585  1,143  791  816  826  818  3,251

Impairments 8  9  17  26  4  951  79  1,060

Accretion on discounted liabilities 12  13  25  12  10  12  13  47

Deferred income taxes 67  66  133  (133) (48) 14  345  178

Undistributed equity earnings (86) (514) (600) 120  75  (55) (20) 120

Net (gain) loss on dispositions (6) (117) (123) (1,087) 93  (11) (1,979) (2,984)

Unrealized investment (gain) loss ² 9  8  17  10  4  (4) 2  12

Other (82) 388  306  (6) 58  20  (141) (69)

Net working capital changes (2,963) 2,942  (21) (72) (1,075) (742) 708  (1,181)

Net Cash Provided by (Used in) Operating Activities (2,264) 7,259  4,995  187  845  1,178  2,752  4,962

Cash Flows From Investing Activities

Capital expenditures and investments (582) (726) (1,308) (423) (587) (541) (682) (2,233)

Acquisitions, net of cash acquired (66) (113) (179) —  (2,220) 10  (1,288) (3,498)

Return of investments in equity affiliates 26  15  41  25  18  15  32  90

Proceeds from asset dispositions 7  64  71  2,034  (3) —  1,489  3,520

Other 9  22  31  (45) 58  29  (18) 24

Net Cash Provided by (Used in) Investing Activities (606) (738) (1,344) 1,591  (2,734) (487) (467) (2,097)

Cash Flows From Financing Activities

Issuance of debt ³ 9,629  (2,740) 6,889  —  3,499  2,450  2,446  8,395

Repayment of debt (1,965) (3,936) (5,901) (1,287) (1,088) (1,612) (4,787) (8,774)

Issuance of common stock 84  17  101  23  2  68  14  107

Repurchase of common stock (269) (379) (648) (247) (419) (267) (274) (1,207)

Dividends paid on common stock (509) (508) (1,017) (469) (487) (484) (482) (1,922)

Distributions to noncontrolling interests (22) (24) (46) (14) (81) (28) (41) (164)

Contributions from noncontrolling interests 15  36  51  —  106  18  8  132

Other (43) (13) (56) (55) (6) (33) (10) (104)

Net Cash Provided by (Used in) Financing Activities 6,920  (7,547) (627) (2,049) 1,526  112  (3,126) (3,537)

Effect of Exchange Rate Changes on Cash and

Cash Equivalents (16) (25) (41) 22  18  3  7  50

Net Change in Cash and Cash Equivalents, including

cash classified within Assets held for sale 4,034  (1,051) 2,983  (249) (345) 806  (834) (622)

Cash and cash equivalents at beginning of period 1,116  5,150  1,116  1,738  1,489  1,144  1,950  1,738

Cash and Cash Equivalents at End of Period, including

cash classified within Assets held for sale 5,150  4,099  4,099  1,489  1,144  1,950  1,116  1,116

Reconciliation of Cash and Cash Equivalents at end of

period

Cash and Cash equivalents 5,150  4,099  4,099  1,489  1,052  1,845  1,116  1,116

Cash and cash equivalents included in Assets held for sale —  —  —  —  92  105  —  —

Cash and cash equivalents at end of period, including

cash classified within Assets held for sale 5,150  4,099  4,099  1,489  1,144  1,950  1,116  1,116

CAPITAL PROGRAM

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Consolidated Capital Expenditures and Investments ⁴

Midstream 343  428  771  216  384  347  284  1,231

Chemicals —  —  —  —  —  —  —  —

Refining ¹ 210  255  465  176  148  145  307  776

Marketing and Specialties 9  20  29  15  34  26  43  118

Renewable Fuels 10  6  16  9  9  15  23  56

Corporate and Other 10  17  27  7  12  8  25  52

Consolidated Capital Expenditures and Investments 582  726  1,308  423  587  541  682  2,233

Consolidated Capital Expenditures and Investments ¹ ⁴ ⁵

Growth 336  469  805  229  379  289  332  1,229

Sustaining 246  257  503  194  208  252  350  1,004

Consolidated Capital Expenditures and Investments 582  726  1,308  423  587  541  682  2,233

Proportional Share of Selected Equity Affiliates Capital

Expenditures and Investments

CPChem (Chemicals) 133  129  262  182  225  202  187  796

WRB (Refining) ¹ —  —  —  21  44  34  —  99

Selected Equity Affiliates 133  129  262  203  269  236  187  895

1 Refer to Change in Basis of Presentation on page 14.

2 Represents the unrealized loss on our investment in NOVONIX. See NOVONIX Investment table on page 13 for more details.

3 Includes proceeds from borrowings, net of cash receipts and payments related to debt with an original maturity of three months or less, primarily related to commercial paper activity.

4 Excludes net acquisitions of $113MM, $66MM, $1,288MM, $(10)MM, $2,220MM and $58MM in Q2 2026, Q1 2026, Q4 2025, Q3 2025, Q2 2025, respectively.

5 Refer to Use of Non-GAAP Financial Information on page 14.

Page 4

Phillips 66 Earnings Release Supplemental Data

MIDSTREAM

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Income before Income Taxes

Transportation 247  250  497  243  242  194  239  918

NGL 344  535  879  508  489  503  399  1,899

Income before Income Taxes 591  785  1,376  751  731  697  638  2,817

Equity in Earnings of Affiliates

Transportation 92  89  181  97  87  82  87  353

NGL 11  10  21  13  11  11  11  46

Total 103  99  202  110  98  93  98  399

Depreciation and Amortization ¹

Transportation 45  52  97  44  43  73  50  210

NGL 229  232  461  189  217  205  209  820

Total 274  284  558  233  260  278  259  1,030

Operating and SG&A Expenses ²

Transportation 184  216  400  173  191  205  194  763

NGL 413  406  819  338  373  354  410  1,475

Total 597  622  1,219  511  564  559  604  2,238

Transportation Volumes (MB/D)

Pipelines ³ 2,932  3,142  3,038  2,893  3,093  3,111  2,993  3,023

Terminals 3,180  3,433  3,307  2,938  3,074  3,127  3,226  3,092

PSX Other Volumes

Wellhead Volume (Bcf/D) ⁴ 4.4  4.5  4.4  4.1  4.2  4.3  4.4  4.3

NGL Production (MB/D) ⁴ 446  465  455  437  456  483  470  462

NGL Pipeline Throughput–Y-Grade to Market (MB/D) ⁵ 930  943  937  704  956  999  1,006  917

NGL Fractionated (MB/D) 980  1,020  1,000  748  883  930  1,018  896

Market Indicators

Weighted-Average NGL Price ($/gal) ⁶ 0.62  0.73  0.68  0.74  0.64  0.60  0.59  0.64

Henry Hub Natural Gas Price ($/MMBtu) ⁷ 4.87  2.93  3.90  4.27  3.16  3.03  3.69  3.54

WTI ($/BBL) ⁷ 71.98  93.21  82.59  71.46  63.86  65.03  59.22  64.89

1 Excludes D&A of all non-consolidated affiliates.

2 Excludes operating and SG&A expenses of all non-consolidated affiliates.

3 Pipelines represent the sum of volumes transported through each separately tariffed consolidated pipeline segment, excluding NGL's pipelines.

4 Includes 100% of DCP Midstream Class A Segment.

5 Represents volumes delivered to fractionation market hubs, including Mont Belvieu, Sweeny and Conway. Includes 100% of DCP Midstream Class A Segment and Phillips 66's direct interest in DCP Sand Hills Pipeline, LLC and

DCP Southern Hills Pipeline, LLC.

6 Based on index prices from the Mont Belvieu market hub, which are weighted by NGL component mix.

7 Based on daily spot prices.

Page 5

Phillips 66 Earnings Release Supplemental Data

MIDSTREAM (continued)

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Reconciliation of Midstream Income before Income

Taxes to Adjusted EBITDA ¹

Income before income taxes 591  785  1,376  751  731  697  638  2,817

Plus:

Depreciation and amortization 274  284  558  233  260  278  259  1,030

EBITDA 865  1,069  1,934  984  991  975  897  3,847

Special Item Adjustments (pre-tax):

Net gain on asset dispositions —  —  —  (68) —  —  —  (68)

Impairments —  —  —  —  —  —  79  79

EBITDA, Adjusted for Special Items 865  1,069  1,934  916  991  975  976  3,858

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 3  2  5  3  4  4  2  13

Proportional share of selected equity affiliates net interest 3  3  6  3  3  3  3  12

Proportional share of selected equity affiliates depreciation

and amortization 23  24  47  23  24  33  21  101

Adjusted EBITDA attributable to noncontrolling interests (34) (52) (86) (60) (50) (51) (50) (211)

Adjusted EBITDA 860  1,046  1,906  885  972  964  952  3,773

Transportation

Income before income taxes 247  250  497  243  242  194  239  918

Plus:

Depreciation and amortization 45  52  97  44  43  73  50  210

EBITDA 292  302  594  287  285  267  289  1,128

Special Item Adjustments (pre-tax):

None —  —  —  —  —  —  —  —

EBITDA, Adjusted for Special Items 292  302  594  287  285  267  289  1,128

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 3  2  5  3  4  4  2  13

Proportional share of selected equity affiliates net interest 3  3  6  3  3  3  3  12

Proportional share of selected equity affiliates depreciation

and amortization 15  16  31  15  15  23  12  65

Adjusted EBITDA attributable to noncontrolling interests (7) (7) (14) (8) (6) (5) (7) (26)

Adjusted EBITDA 306  316  622  300  301  292  299  1,192

NGL

Income before income taxes 344  535  879  508  489  503  399  1,899

Plus:

Depreciation and amortization 229  232  461  189  217  205  209  820

EBITDA 573  767  1,340  697  706  708  608  2,719

Special Item Adjustments (pre-tax):

Net gain on asset disposition —  —  —  (68) —  —  —  (68)

Impairments —  —  —  —  —  —  79  79

EBITDA, Adjusted for Special Items 573  767  1,340  629  706  708  687  2,730

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes —  —  —  —  —  —  —  —

Proportional share of selected equity affiliates net interest —  —  —  —  —  —  —  —

Proportional share of selected equity affiliates depreciation

and amortization 8  8  16  8  9  10  9  36

Adjusted EBITDA attributable to noncontrolling interests (27) (45) (72) (52) (44) (46) (43) (185)

Adjusted EBITDA 554  730  1,284  585  671  672  653  2,581

1 Refer to Use of Non-GAAP Financial Information on page 14.

Page 6

Phillips 66 Earnings Release Supplemental Data

CHEMICALS

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Income (loss) before Income Taxes 114  404  518  113  20  176  (12) 297

Equity in Earnings (Losses) of Affiliate 114  403  517  113  20  176  (12) 297

100% CPChem Results

Net Income, excludes parent company income tax related

to CPChem's earnings 228  806  1,034  226  40  351  (24) 593

Income (loss) before Income Taxes 238  828  1,066  235  50  360  (14) 631

Depreciation and Amortization 180  195  375  170  166  177  183  696

Net Interest Expense ¹ —  —  —  (2) (1) (1) —  (4)

Investing Cash Flows – Outflows/(Inflows)

Capital Expenditures and Investments 266  258  524  363  450  405  374  1,592

Return of Investments from Equity Companies —  —  —  —  (7) (18) (25) (50)

Global Olefins and Polyolefins Capacity Utilization (%) 94  % 91  % 92  % 100  % 92  % 104  % 97  % 98  %

Market Indicator ²

Ethylene to High-Density Polyethylene Chain

Cash Margin (cents/lb) 10.7  43.6  27.2  10.9  7.4  7.6  2.6  7.1

Reconciliation of Chemicals Income before Income

Taxes to Adjusted EBITDA ³

Income (loss) before income taxes 114  404  518  113  20  176  (12) 297

Plus:

None —  —  —  —  —  —  —  —

EBITDA 114  404  518  113  20  176  (12) 297

Special Item Adjustments (pre-tax):

Lower of cost or market inventory adjustment (29) —  (29) —  —  —  31  31

EBITDA, Adjusted for Special Items 85  404  489  113  20  176  19  328

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 13  2  15  13  13  11  2  39

Proportional share of selected equity affiliates net interest (1) —  (1) (1) (1) (1) 1  (2)

Proportional share of selected equity affiliates depreciation

and amortization 115  122  237  119  116  122  123  480

Adjusted EBITDA 212  528  740  244  148  308  145  845

1 Net of interest income.

2 Source: IHS, Inc.

3 Refer to Use of Non-GAAP Financial Information on page 14.

Page 7

Phillips 66 Earnings Release Supplemental Data

REFINING

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Income (Loss) before Income Taxes

Atlantic Basin/Europe 367  352  719  (199) 49  250  302  402

Gulf Coast 204  953  1,157  (333) 101  119  252  139

Central Corridor ¹ (418) 1,599  1,181  (50) 392  (580) 671  433

West Coast 55  158  213  (355) (183) (307) (403) (1,248)

Income (Loss) before Income Taxes 208  3,062  3,270  (937) 359  (518) 822  (274)

Income (Loss) before Income Taxes ($/BBL)

Atlantic Basin/Europe 7.21  7.20  7.20  (5.15) 1.00  4.94  5.65  2.09

Gulf Coast 3.87  17.80  10.88  (8.95) 1.93  2.19  5.10  0.72

Central Corridor ¹ (6.12) 21.07  8.18  (1.85) 13.67  (20.61) 8.74  2.70

West Coast 6.41  18.69  12.49  (16.60) (8.37) (15.06) (41.08) (16.99)

Worldwide 1.15  16.39  8.90  (7.53) 2.36  (3.38) 4.34  (0.44)

Realized Refining Margins ($/BBL) ²

Atlantic Basin/Europe 15.62  14.44  15.04  7.08  8.16  11.94  12.60  10.18

Gulf Coast 11.31  24.25  17.82  4.43  8.71  8.74  12.48  8.86

Central Corridor ¹ 4.60  29.56  17.73  8.29  15.61  15.82  13.06  13.26

West Coast 13.12  29.65  21.31  7.12  14.06  12.31  8.85  10.86

Worldwide 10.11  24.08  17.21  6.81  11.25  12.15  12.48  10.88

Equity in Earnings (Losses) of Affiliates

Atlantic Basin/Europe —  (1) (1) (2) (2) (2) (3) (9)

Gulf Coast —  —  —  —  —  —  —  —

Central Corridor ¹ —  —  —  (103) —  33  —  (70)

West Coast —  —  —  —  —  —  —  —

Total —  (1) (1) (105) (2) 31  (3) (79)

Depreciation and Amortization ³

Atlantic Basin/Europe 57  57  114  56  53  54  53  216

Gulf Coast 66  67  133  72  67  66  66  271

Central Corridor ¹ 76  81  157  41  41  43  79  204

West Coast 16  16  32  287  282  281  279  1,129

Total 215  221  436  456  443  444  477  1,820

Operating and SG&A Expenses ³

Atlantic Basin/Europe 317  326  643  379  289  256  280  1,204

Gulf Coast 299  255  554  390  262  263  275  1,190

Central Corridor ¹ 613  525  1,138  171  159  180  522  1,032

West Coast 52  63  115  180  170  250  204  804

Total 1,281  1,169  2,450  1,120  880  949  1,281  4,230

Turnaround Expense, included in Operating and SG&A

Expenses ³

Atlantic Basin/Europe 30  25  55  97  18  5  11  131

Gulf Coast 41  15  56  164  27  15  40  246

Central Corridor ¹ 105  81  186  2  2  10  77  91

West Coast 2  2  4  7  6  6  7  26

Total 178  123  301  270  53  36  135  494

Taxes Other than Income Taxes

Atlantic Basin/Europe 20  16  36  22  20  17  18  77

Gulf Coast 29  25  54  35  24  26  23  108

Central Corridor ¹ 42  41  83  26  25  26  19  96

West Coast 15  6  21  27  25  21  3  76

Total 106  88  194  110  94  90  63  357

Foreign Currency Gains (Losses) Pre-Tax (12) (15) (27) 9  20  (4) (4) 21

Refining—Equity Affiliate Information ¹

Equity in earnings (losses) of affiliates —  (1) (1) (105) (2) 31  (3) (79)

Less: Share of equity affiliate gross margin included in Realized

Refining Margin and other equity affiliate-related costs ⁴ (26) (20) (46) (141) (234) (262) (25) (662)

Equity affiliate-related expenses not included in Realized

Refining Margins

(26) (21) (47) (246) (236) (231) (28) (741)

Proportional Share of Certain Equity Affiliate

Operating and SG&A Expenses ¹

19  19  38  200  185  186  19  590

Proportional Share of Certain Equity Affiliate

Turnaround Expense, included in Equity Affiliate

Operating and SG&A Expenses ¹

—  —  —  27  24  23  —  74

Operating expenses 1,229  1,144  2,373  1,074  848  909  1,229  4,060

Selling, general and administrative expenses 52  25  77  46  32  40  52  170

Refining Controllable Costs ¹ ⁵ 1,281  1,169  2,450  1,120  880  949  1,281  4,230

Refining Controllable Costs ($/BBL) ¹ ⁵ 7.08  6.26  6.67  9.00  5.79  6.18  6.76  6.83

Refining Adjusted Controllable Costs, Excluding

Adjusted Turnaround Expense ($/BBL) ⁶

6.21  5.57  5.88  7.03  5.46  6.07  5.96  6.09

1 Refer to Change in Basis of Presentation on page 14.

2 Refer to Use of Non-GAAP Financial Information on page 14. Also, reconciliations of income (loss) before income taxes to realized refining margin for each period and by region are included in the "Realized Margin Non-GAAP

Reconciliations" section.

3 Excludes expenses of all equity affiliates.

4 Other costs associated with equity affiliates which do not flow through equity earnings (losses).

5 Excludes operating and SG&A expenses of all equity affiliates. See note on the use of non-GAAP measures. Also, see reconciliation of Refining operating and SG&A expenses to Refining Adjusted Controllable Costs per barrel

included in the "Reconciliation of Refining Operating and SG&A Expenses to Refining Adjusted Controllable Costs" section.

6 Refer to Use of Non-GAAP Financial Information on page 14. Also, see reconciliation of Refining operating and SG&A expenses to Refining Adjusted Controllable Costs included in the "Reconciliation of Refining Operating and

SG&A Expenses to Refining Adjusted Controllable Costs" section.

Page 8

Phillips 66 Earnings Release Supplemental Data

REFINING (continued)

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Reconciliation of Refining Income (Loss) before Income Taxes

to Adjusted EBITDA ($ Millions) ¹

Income (Loss) before income taxes 208  3,062  3,270  (937) 359  (518) 822  (274)

Plus:

Depreciation and amortization 215  221  436  456  443  444  477  1,820

EBITDA 423  3,283  3,706  (481) 802  (74) 1,299  1,546

Special Item Adjustments (pre-tax):

Certain tax impacts —  —  —  —  —  —  (11) (11)

Impairments —  —  —  —  —  948  —  948

Los Angeles Refinery cessation costs —  —  —  —  —  —  35  35

Legal accrual —  24  24  —  33  —  —  33

Legal settlement —  —  —  —  —  —  (181) (181)

Pending claims and settlements —  —  —  —  —  —  (123) (123)

EBITDA, Adjusted for Special Items 423  3,307  3,730  (481) 835  874  1,019  2,247

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes —  —  —  —  —  —  —  —

Proportional share of selected equity affiliates net interest —  —  —  2  3  1  —  6

Proportional share of selected equity affiliates depreciation

and amortization —  —  —  27  29  29  —  85

Adjusted EBITDA 423  3,307  3,730  (452) 867  904  1,019  2,338

Operating Statistics

Atlantic Basin/Europe ²

Crude Oil Charge Input (MB/D) 531  510  521  359  518  534  553  492

Total Processed Inputs (MB/D) 566  538  552  430  541  551  582  526

Crude Oil Capacity Utilization (%) 96  % 92  % 94  % 67  % 97  % 99  % 103  % 92  %

Clean Product Yield (%) 88  % 87  % 88  % 89  % 87  % 88  % 87  % 88  %

Gulf Coast

Crude Oil Charge Input (MB/D) 530  520  525  369  508  528  481  472

Total Processed Inputs (MB/D) 587  588  588  413  573  590  538  529

Crude Oil Capacity Utilization (%) 98  % 96  % 97  % 70  % 96  % 100  % 91  % 89  %

Clean Product Yield (%) 80  % 81  % 81  % 81  % 80  % 81  % 80  % 80  %

Central Corridor ³

Crude Oil Charge Input (MB/D) 734  800  767  521  550  549  805  606

Total Processed Inputs (MB/D) 760  834  797  536  566  567  834  626

Crude Oil Capacity Utilization (%) 92  % 101  % 97  % 98  % 104  % 103  % 104  % 102  %

Clean Product Yield (%) 90  % 89  % 90  % 91  % 90  % 90  % 94  % 91  %

West Coast

Crude Oil Charge Input (MB/D) 90  89  89  228  234  214  99  193

Total Processed Inputs (MB/D) 96  93  94  237  241  222  107  201

Crude Oil Capacity Utilization (%) ⁴ 86  % 84  % 85  % 93  % 96  % 88  % 95  % 93  %

Clean Product Yield (%) 91  % 89  % 90  % 89  % 90  % 87  % 91  % 89  %

Worldwide—Including Proportional Share of

Equity Affiliates ²

Crude Oil Charge Input (MB/D) 1,885  1,919  1,902  1,477  1,810  1,825  1,938  1,763

Total Processed Inputs (MB/D) 2,009  2,053  2,031  1,616  1,921  1,930  2,061  1,882

Crude Oil Capacity Utilization (%) 95  % 96  % 95  % 80  % 98  % 99  % 99  % 94  %

Clean Product Yield (%) 87  % 86  % 86  % 87  % 86  % 86  % 88  % 87  %

1 Refer to Use of Non-GAAP Financial Information on page 14.

2 Includes our proportional share of a refinery complex in Karlsruhe, Germany.

3 Refer to Change in Basis of Presentation on page 14.

4 In the fourth quarter 2025, we ceased fuel production and began idling the facilities at our Los Angeles Refinery, and the associated crude oil capacity is excluded in the calculation of this statistic beginning on October 1, 2025.

Page 9

Phillips 66 Earnings Release Supplemental Data

REFINING (continued)

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Refined Petroleum Products Production (MB/D)

Atlantic Basin/Europe ¹

Gasoline 251  225  238  199  225  230  242  224

Distillates 231  228  230  166  232  242  253  223

Other 88  86  86  70  86  80  92  82

Total 570  539  554  435  543  552  587  529

Gulf Coast

Gasoline 236  236  236  184  243  245  221  223

Distillates 219  226  222  138  202  215  197  189

Other 140  134  137  87  134  137  121  120

Total 595  596  595  409  579  597  539  532

Central Corridor ²

Gasoline 379  408  394  263  276  271  432  311

Distillates 302  333  318  223  233  235  347  260

Other 84  91  88  56  63  65  63  62

Total 765  832  800  542  572  571  842  633

West Coast

Gasoline 51  50  51  131  135  117  58  110

Distillates 37  33  35  81  82  76  39  69

Other 7  10  9  24  21  26  9  20

Total 95  93  95  236  238  219  106  199

Worldwide—Including Proportional Share of

Equity Affiliates

Gasoline 917  919  919  777  879  863  953  868

Distillates 789  820  805  608  749  768  836  741

Other 319  321  320  237  304  308  285  284

Total 2,025  2,060  2,044  1,622  1,932  1,939  2,074  1,893

Market Indicators

Crude and Crude Differentials ($/BBL) ³

WTI 71.98  93.21  82.59  71.46  63.86  65.03  59.22  64.89

Brent 80.61  104.52  92.57  75.66  67.82  69.07  63.69  69.06

ANS 77.00  103.66  90.33  75.99  68.92  70.07  64.00  69.74

WTI less Maya 5.52  4.18  4.85  6.36  5.39  4.03  4.90  5.17

WTI less WCS (settlement differential) 14.13  14.61  14.37  12.65  10.20  10.38  11.19  11.11

Natural Gas ($/MMBtu) ³

Henry Hub 4.87  2.93  3.90  4.27  3.16  3.03  3.69  3.54

1 Includes our proportional share of a refinery complex in Karlsruhe, Germany.

2 Refer to Change in Basis of Presentation on page 14.

3 Based on daily spot prices, unless otherwise noted.

Page 10

Phillips 66 Earnings Release Supplemental Data

MARKETING AND SPECIALTIES

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Income (Loss) before Income Taxes (161) 583  422  1,282  571  251  2,396  4,500

Income (Loss) before Income Taxes ($/BBL)

U.S. (1.14) 1.13  0.05  0.67  2.32  0.18  1.13  1.09

International (3.27) 11.92  4.02  39.88  1.96  4.55  70.99  28.39

Realized Marketing Fuel Margins ($/BBL) ¹

U.S. (0.47) 1.82  0.73  1.36  2.83  2.04  1.55  1.95

International (3.53) 4.63  0.39  4.87  7.11  5.37  5.00  5.58

Other Realized Margins and Revenues

not included in Marketing Fuel Margins ² 301  279  580  243  287  280  283  1,093

Equity in Earnings of Affiliates 35  135  170  36  38  36  36  146

Depreciation and Amortization ³ 20  26  46  20  33  23  21  97

Operating and SG&A Expenses ³ 316  354  670  346  351  603  365  1,665

Refined Products Sales (MB/D)

U.S. Marketing

Gasoline 1,144  1,210  1,177  1,080  1,191  1,164  1,196  1,158

Distillates 785  871  828  735  809  828  1,003  844

Other 19  34  26  13  28  13  19  18

Total 1,948  2,115  2,031  1,828  2,028  2,005  2,218  2,020

International Marketing

Gasoline 73  67  70  114  110  176  156  139

Distillates 131  121  126  171  162  165  151  162

Other 30  26  28  27  42  29  11  27

Total 234  214  224  312  314  370  318  328

Worldwide Marketing

Gasoline 1,217  1,277  1,247  1,194  1,301  1,340  1,352  1,297

Distillates 916  992  954  906  971  993  1,154  1,006

Other 49  60  54  40  70  42  30  45

Total 2,182  2,329  2,255  2,140  2,342  2,375  2,536  2,348

Foreign Currency Gains (Losses) Pre-Tax (2) 1  (1) 2  1  (4) (1) (2)

Reconciliation of Marketing and Specialties Income

(Loss) before Income Taxes to Adjusted EBITDA ⁴

Income (Loss) before income taxes (161) 583  422  1,282  571  251  2,396  4,500

Plus:

Depreciation and amortization 20  26  46  20  33  23  21  97

EBITDA (141) 609  468  1,302  604  274  2,417  4,597

Special Item Adjustments (pre-tax):

Legal accrual 20  41  61  —  —  241  21  262

Net (gain) loss on asset dispositions —  (110) (110) (1,017) 89  (15) (1,978) (2,921)

EBITDA, Adjusted for Special Items (121) 540  419  285  693  500  460  1,938

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 3  10  13  2  —  —  —  2

Proportional share of selected equity affiliates net interest 9  8  17  10  10  10  10  40

Proportional share of selected equity affiliates depreciation

and amortization 23  22  45  18  15  15  18  66

Adjusted EBITDA (86) 580  494  315  718  525  488  2,046

1 Refer to Use of Non-GAAP Financial Information on page 14. Also, reconciliations of income (loss) before income taxes to realized marketing fuel margin for each period and by region are included in the "Realized Margin

Non-GAAP Reconciliations" section.

2 Excludes gain on dispositions and excise taxes on sales of refined products.

3 Excludes expenses of all equity affiliates.

4 Refer to Use of Non-GAAP Financial Information on page 14.

Page 11

Phillips 66 Earnings Release Supplemental Data

RENEWABLE FUELS

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Income (Loss) before Income Taxes (41) 544  503  (185) (133) (43) (19) (380)

Operating and SG&A Expenses ¹ 110  98  208  114  104  103  110  431

Operating Statistics

Total Renewable Fuels Produced (MB/D) 40  53  47  44  40  36  32  38

Total Renewable Fuel Sales (MB/D) 53  65  59  63  71  63  65  66

Market Indicators ²

Chicago Board of Trade (CBOT) soybean oil

(dollars per pound) 0.58  0.73  0.66  0.44  0.49  0.53  0.50  0.49

California Low-Carbon Fuel Standard (LCFS) carbon credit

(dollars per metric ton) 65.48  68.65  67.07  66.28  52.33  53.40  53.50  56.38

California Air Resource Board (CARB) ULSD - San Francisco

(dollars per gallon) 2.93  4.19  3.56  2.44  2.52  2.55  2.37  2.47

Biodiesel Renewable Identification Number (RIN)

(dollars per RIN) 1.44  2.12  1.78  0.79  1.08  1.13  1.03  1.01

Reconciliation of Renewable Fuels Income (Loss)

before Income Taxes to Adjusted EBITDA ³

Income (Loss) before income taxes (41) 544  503  (185) (133) (43) (19) (380)

Plus:

Depreciation and amortization 23  24  47  23  23  25  24  95

EBITDA (18) 568  550  (162) (110) (18) 5  (285)

Special Item Adjustments (pre-tax):

None —  —  —  —  —  —  —  —

EBITDA, Adjusted for Special Items (18) 568  550  (162) (110) (18) 5  (285)

1 Excludes operating and SG&A expenses of all equity affiliates.

2 Based on daily spot prices, unless otherwise noted.

3 Refer to Use of Non-GAAP Financial Information on page 14.

Page 12

Phillips 66 Earnings Release Supplemental Data

CORPORATE AND OTHER

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Loss before Income Taxes (451) (407) (858) (376) (428) (364) (372) (1,540)

Detail of Gain (Loss) before Income Taxes

Net interest expense (255) (233) (488) (187) (230) (225) (256) (898)

Corporate overhead and other ¹ (187) (168) (355) (174) (196) (145) (114) (629)

NOVONIX (9) (6) (15) (15) (2) 6  (2) (13)

Total (451) (407) (858) (376) (428) (364) (372) (1,540)

Net Interest Expense

Interest expense (296) (329) (625) (230) (267) (267) (296) (1,060)

Capitalized interest 10  15  25  9  3  8  1  21

Interest income 31  81  112  34  34  34  39  141

Total (255) (233) (488) (187) (230) (225) (256) (898)

NOVONIX Investment

Unrealized Investment Gain (Loss) (10) (6) (16) (15) (3) 5  (2) (15)

Unrealized Foreign Currency Transaction Gain 1  —  1  —  1  1  —  2

Change in Fair Value of NOVONIX Investment (9) (6) (15) (15) (2) 6  (2) (13)

Reconciliation of Corporate and Other Loss

before Income Taxes to Adjusted EBITDA ²

Loss before income taxes (451) (407) (858) (376) (428) (364) (372) (1,540)

Plus:

Net interest expense 255  233  488  187  230  225  256  898

Depreciation and amortization 26  30  56  59  57  56  37  209

EBITDA (170) (144) (314) (130) (141) (83) (79) (433)

Special Item Adjustments (pre-tax):

Impairment —  —  —  21  —  —  —  21

Professional advisory fees —  —  —  —  45  —  —  45

Total Special Item Adjustments (pre-tax) —  —  —  21  45  —  —  66

Change in Fair Value of NOVONIX Investment 9  6  15  15  2  (6) 2  13

EBITDA, Adjusted for Special Items and Change in

Fair Value of NOVONIX Investment (161) (138) (299) (94) (94) (89) (77) (354)

Other Adjustments (pre-tax):

None —  —  —  —  —  —  —  —

Adjusted EBITDA (161) (138) (299) (94) (94) (89) (77) (354)

Foreign Currency Losses Pre-Tax —  —  —  (2) (4) (4) (2) (12)

Phillips 66 Company

Total Debt 27,124  20,565  20,565  18,803  20,935  21,755  19,716  19,716

Total Equity 29,681  32,703  32,703  28,353  28,626  28,077  30,241  30,241

Debt-to-Capital Ratio (%) 48  % 39  % 39  % 40  % 42  % 44  % 39  % 39  %

Cash and cash equivalents at end of period, including

cash classified within Assets held for sale 5,150  4,099  4,099  1,489  1,144  1,950  1,116  1,116

Net Debt-to-Capital Ratio (%) ² 43  % 33  % 33  % 38  % 41  % 41  % 38  % 38  %

1 Includes 2026 idling costs of $43 million and $38 million in Q1 2026 and Q2 2026, respectively, related to the idled Los Angeles and San Francisco Refineries.

2 Refer to Use of Non-GAAP financial information on page 14.

Page 13

Phillips 66 Earnings Release Supplemental Data

RECONCILIATION OF CONSOLIDATED NET INCOME TO ADJUSTED EBITDA ATTRIBUTABLE TO PHILLIPS 66

Millions of Dollars

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Net income 219  3,879  4,098  526  908  167  2,927  4,528

Plus:

Income tax expense 41  1,092  1,133  122  212  32  526  892

Net interest expense 255  233  488  187  230  225  256  898

Depreciation and amortization 558  585  1,143  791  816  826  818  3,251

Phillips 66 EBITDA ¹ 1,073  5,789  6,862  1,626  2,166  1,250  4,527  9,569

Special Item Adjustments (pre-tax):

Certain tax impacts —  —  —  —  —  —  (11) (11)

Net (gain) loss on asset dispositions —  (110) (110) (1,085) 89  (15) (1,978) (2,989)

Impairments —  —  —  21  —  948  79  1,048

Los Angeles Refinery cessation costs —  —  —  —  —  —  35  35

Legal accrual 20  65  85  —  33  241  21  295

Legal settlement —  —  —  —  —  —  (181) (181)

Professional advisory fees —  —  —  —  45  —  —  45

Pending claims and settlements —  —  —  —  —  —  (123) (123)

Lower of cost or market inventory adjustment (29) —  (29) —  —  —  31  31

Total Special Item Adjustments (pre-tax) (9) (45) (54) (1,064) 167  1,174  (2,127) (1,850)

Change in Fair Value of NOVONIX Investment ² 9  6  15  15  2  (6) 2  13

Phillips 66 EBITDA, Adjusted for Special Items and

Change in Fair Value of NOVONIX Investment ¹ 1,073  5,750  6,823  577  2,335  2,418  2,402  7,732

Other Adjustments (pre-tax):

Proportional share of selected equity affiliates income taxes 19  14  33  18  17  15  4  54

Proportional share of selected equity affiliates net interest 11  11  22  14  15  13  14  56

Proportional share of selected equity affiliates depreciation

and amortization 161  168  329  187  184  199  162  732

Adjusted EBITDA attributable to noncontrolling interests (34) (52) (86) (60) (50) (51) (50) (211)

Phillips 66 Adjusted EBITDA ¹ 1,230  5,891  7,121  736  2,501  2,594  2,532  8,363

1 Refer to Use of Non-GAAP financial information and Change in Basis of Presentation on page 14

2 See NOVONIX Investment table on page 13 for more details.

Use of Non-GAAP Financial Information - This earnings release supplemental data includes the terms "EBITDA," "adjusted EBITDA," "realized refining margin per barrel," "realized marketing fuel margin per barrel," "refining adjusted controllable costs per barrel," "net debt-to-capital", "cash flow from operations, excluding working capital", and "returns to shareholders". These are non-GAAP financial measures. EBITDA and adjusted EBITDA are included to help facilitate comparisons of operating performance across periods, to help facilitate comparisons with other companies in our industry and to help facilitate determination of enterprise value. The GAAP measures most directly comparable to EBITDA and adjusted EBITDA are net income for consolidated company information and income before income taxes for segment information. Reconciliations of net income (loss) and income (loss) before income taxes to EBITDA and adjusted EBITDA are included in this earnings release supplemental data. Realized refining margin per barrel is calculated on a similar basis as industry crack spreads and we believe it provides a useful measure of how well we performed relative to benchmark industry margins. Realized marketing fuel margin per barrel demonstrates the value uplift our marketing operations provide by optimizing the placement and ultimate sale of our refineries' fuel production. The GAAP measure most directly comparable to both realized margin per barrel measures is income before income taxes per barrel. Reconciliations of income (loss) before income taxes per barrel to realized refining margin and realized marketing fuel margin are included in this earnings release supplemental data. Refining controllable cost and Refining adjusted controllable costs per barrel are included to help facilitate comparisons with other companies in our industry on refinery operational performance. The GAAP measures most directly comparable to Refining controllable cost are operating expenses and selling, general and administrative expenses (SG&A). A reconciliation of refining operating and SG&A expenses to refining adjusted controllable costs plus our proportional share of operating and SG&A expenses of two refining equity affiliates that are reflected in earnings of affiliates, is included in this earnings release supplemental data. Net debt-to-capital ratio is included to help facilitate comparisons of leverage across periods and relative to other companies in our industry. The GAAP financial measure most directly comparable to net debt-to-capital ratio is debt-to-capital. Cash flow from operations, excluding working capital is included to show cash provided by operating activities before the effects of working capital changes. The GAAP financial measure most directly comparable to cash flow from operations, excluding working capital is cash provided by operating activities. Returns to shareholders is included to show the amount returned to shareholders based on GAAP amounts reported in the cash flow statement and derived from the related cash flow statement calculations. Reconciliations of debt-to-capital to net debt-to-capital and cash provided by operating activities to cash flow from operations excluding working capital are included in this earnings release supplemental data. Adjusted effective tax rate demonstrates the effective tax rate with the consideration of the tax effect on special items. The GAAP financial measure most comparable to adjusted effective tax rate is effective tax rate. A reconciliation of effective tax rate to adjusted effective tax rate is included in this earnings release supplemental data.

Sustaining capital expenditures demonstrate the capital required to maintain and extend the life of existing assets to ensure the ongoing operation and integrity of assets, including equipment, infrastructure, and facilities. A reconciliation of sustaining capital to consolidated capital expenditures and investments, excluding acquisitions and purchases of government obligations, is included in this earnings release supplemental data.

Changes in Basis of Presentation - in connection with the acquisition of the remaining 50% equity interest in WRB Refining (WRB), beginning October 1, 2025, the results in our Refining segment, correlating to our Central Corridor business, reflect consolidated results of 100% of the Borger Refinery and Wood River Refinery. Prior to October 1, 2025, our 50% investment in WRB was accounted for using the equity method and prior periods reflect our proportional share of our equity method investment.

Page 14

Phillips 66 Earnings Release Supplemental Data

REALIZED MARGIN NON-GAAP RECONCILIATIONS

RECONCILIATION OF INCOME (LOSS) BEFORE INCOME TAXES TO REALIZED REFINING MARGINS

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

ATLANTIC BASIN/EUROPE

Income (loss) before income taxes 367  352  719  (199) 49  250  302  402

Plus:

Taxes other than income taxes 20  16  36  22  20  17  18  77

Depreciation, amortization and impairments 59  58  117  56  53  56  53  218

Selling, general and administrative expenses 9  12  21  6  8  7  10  31

Operating expenses 308  314  622  373  281  249  270  1,173

Equity in losses of affiliates —  1  1  2  2  2  3  9

Other segment (income) expense, net 9  (66) (57) (6) (33) (1) 1  (39)

Proportional share of refining gross margins contributed by

equity affiliates 26  20  46  21  22  24  25  92

Special items:

Certain tax impacts —  —  —  —  —  —  (11) (11)

Realized refining margins 798  707  1,505  275  402  604  671  1,952

Total processed inputs (MB) ¹ 50,907  48,969  99,876  38,716  49,270  50,624  53,499  192,109

Adjusted total processed inputs (MB) ¹ 50,907  48,969  99,876  38,716  49,270  50,624  53,499  192,109

Income (loss) before income taxes ($/BBL) ² 7.21  7.20  7.20  (5.15) 1.00  4.94  5.65  2.09

Realized refining margins ($/BBL) ³ 15.62  14.44  15.04  7.08  8.16  11.94  12.60  10.18

GULF COAST

Income (loss) before income taxes 204  953  1,157  (333) 101  119  252  139

Plus:

Taxes other than income taxes 29  25  54  35  24  26  23  108

Depreciation, amortization and impairments 66  67  133  72  67  66  66  271

Selling, general and administrative expenses 1  8  9  9  5  7  7  28

Operating expenses 298  247  545  381  257  256  268  1,162

Other segment (income) expense, net —  (2) (2) 1  —  —  1  2

Special items:

None —  —  —  —  —  —  —  —

Realized refining margins 598  1,298  1,896  165  454  474  617  1,710

Total processed inputs (MB) 52,864  53,522  106,386  37,206  52,111  54,239  49,459  193,015

Adjusted total processed inputs (MB) 52,864  53,522  106,386  37,206  52,111  54,239  49,459  193,015

Income (loss) before income taxes ($/BBL) ² 3.87  17.80  10.88  (8.95) 1.93  2.19  5.10  0.72

Realized refining margins ($/BBL) ³ 11.31  24.25  17.82  4.43  8.71  8.74  12.48  8.86

CENTRAL CORRIDOR ⁴

Income (loss) before income taxes (418) 1,599  1,181  (50) 392  (580) 671  433

Plus:

Taxes other than income taxes 42  41  83  26  25  26  19  96

Depreciation, amortization and impairments 76  81  157  41  44  992  79  1,156

Selling, general and administrative expenses 39  (5) 34  23  13  18  26  80

Operating expenses 574  530  1,104  148  146  162  496  952

Equity in (earnings) losses of affiliates —  —  —  103  —  (33) —  70

Other segment (income) expense, net 3  (3) —  (12) (28) 1  3  (36)

Proportional share of refining gross margins contributed by

equity affiliates —  —  —  120  212  238  —  570

Special items:

Legal settlement —  —  —  —  —  —  (181) (181)

Pending claims and settlements —  —  —  —  —  —  (123) (123)

Realized refining margins 316  2,243  2,559  399  804  824  990  3,017

Total processed inputs (MB) 68,400  75,902  144,302  27,169  28,710  28,113  76,703  160,695

Adjusted total processed inputs (MB) ¹ 68,400  75,902  144,302  48,275  51,477  52,127  76,703  228,582

Income (loss) before income taxes ($/BBL) ² (6.12) 21.07  8.18  (1.85) 13.67  (20.61) 8.74  2.70

Realized refining margins ($/BBL) ³ 4.60  29.56  17.73  8.29  15.61  15.82  13.06  13.26

1 Includes our proportional share of processed inputs of an equity affiliate.

2 Income (loss) before income taxes divided by total processed inputs.

3 Realized refining margins per barrel, as presented, are calculated using the underlying realized refining margin amounts, in dollars, divided by adjusted total processed inputs, in barrels. As such, recalculated per barrel amounts

using the rounded margins and barrels presented may differ from the presented per barrel amounts.

4 Refer to Change in Basis of Presentation on page 14.

Page 15

Phillips 66 Earnings Release Supplemental Data

RECONCILIATION OF INCOME (LOSS) BEFORE INCOME TAXES TO REALIZED REFINING MARGINS (continued)

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

WEST COAST

Income (loss) before income taxes 55  158  213  (355) (183) (307) (403) (1,248)

Plus:

Taxes other than income taxes 15  6  21  27  25  21  3  76

Depreciation, amortization and impairments 16  16  32  288  282  281  279  1,130

Selling, general and administrative expenses 3  10  13  8  6  8  9  31

Operating expenses 49  53  102  172  164  242  195  773

Other segment (income) expense, net (23) 8  (15) 12  14  7  6  39

Special items:

None —  —  —  —  —  —  —  —

Realized refining margins 115  251  366  152  308  252  89  801

Total processed inputs (MB) 8,630  8,467  17,097  21,362  21,914  20,403  9,804  73,483

Adjusted total processed inputs (MB) 8,630  8,467  17,097  21,362  21,914  20,403  9,804  73,483

Income (loss) before income taxes ($/BBL) ¹ 6.41  18.69  12.49  (16.60) (8.37) (15.06) (41.08) (16.99)

Realized refining margins ($/BBL) ² 13.12  29.65  21.31  7.12  14.06  12.31  8.85  10.86

WORLDWIDE ³

Income (loss) before income taxes 208  3,062  3,270  (937) 359  (518) 822  (274)

Plus:

Taxes other than income taxes 106  88  194  110  94  90  63  357

Depreciation, amortization and impairments 217  222  439  457  446  1,395  477  2,775

Selling, general and administrative expenses 52  25  77  46  32  40  52  170

Operating expenses 1,229  1,144  2,373  1,074  848  909  1,229  4,060

Equity in (earnings) losses of affiliates —  1  1  105  2  (31) 3  79

Other segment (income) expense, net (11) (63) (74) (5) (47) 7  11  (34)

Proportional share of refining gross margins contributed

by equity affiliates 26  20  46  141  234  262  25  662

Special items:

Certain tax impacts —  —  —  —  —  —  (11) (11)

Legal settlement —  —  —  —  —  —  (181) (181)

Pending claims and settlements —  —  —  —  —  —  (123) (123)

Realized refining margins 1,827  4,499  6,326  991  1,968  2,154  2,367  7,480

Total processed inputs (MB) 180,801  186,860  367,661  124,453  152,005  153,379  189,465  619,302

Adjusted total processed inputs (MB) ¹ ⁴ 180,801  186,860  367,661  145,559  174,772  177,393  189,465  687,189

Income (loss) before income taxes ($/BBL) ¹ 1.15  16.39  8.90  (7.53) 2.36  (3.38) 4.34  (0.44)

Realized refining margins ($/BBL) ² 10.11  24.08  17.21  6.81  11.25  12.15  12.48  10.88

OPERATING AND SG&A EXPENSES NON-GAAP RECONCILIATION

RECONCILIATION OF REFINING OPERATING AND SG&A EXPENSES TO REFINING ADJUSTED CONTROLLABLE COSTS

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

WORLDWIDE ³

Turnaround expenses 178  123  301  270  53  36  135  494

Other operating expenses 1,051  1,021  2,072  804  795  873  1,094  3,566

Total operating expenses 1,229  1,144  2,373  1,074  848  909  1,229  4,060

Selling, general and administrative expenses 52  25  77  46  32  40  52  170

Refining Controllable Costs 1,281  1,169  2,450  1,120  880  949  1,281  4,230

Plus:

Proportional share of equity affiliate turnaround

expenses ⁵ —  —  —  27  24  23  —  74

Proportional share of equity affiliate other operating

and SG&A expenses ⁵ 19  19  38  173  161  163  19  516

Total proportional share of equity affiliate operating

and SG&A expenses ⁵ 19  19  38  200  185  186  19  590

Special item adjustments (pre-tax):

Legal accrual —  (24) (24) —  (33) —  —  (33)

Los Angeles Refinery cessation costs —  —  —  —  —  —  (35) (35)

Refining Adjusted Controllable Costs 1,300  1,164  2,464  1,320  1,032  1,135  1,265  4,752

Total processed inputs (MB) 180,801  186,860  367,661  124,453  152,005  153,379  189,465  619,302

Adjusted total processed inputs (MB) ⁴ 180,801  186,860  367,661  145,559  174,772  177,393  189,465  687,189

Refining Controllable Costs ($/BBL) ⁶ 7.08  6.26  6.67  9.00  5.79  6.18  6.76  6.83

Refining turnaround expense ($/BBL) ⁶ 0.98  0.66  0.82  2.17  0.35  0.23  0.71  0.80

Refining controllable costs, excluding turnaround

expense ($/BBL) ⁶ 6.10  5.60  5.85  6.83  5.44  5.95  6.05  6.03

Refining Adjusted Controllable Costs ($/BBL) ⁷ 7.19  6.23  6.70  9.07  5.90  6.40  6.67  6.92

Refining adjusted turnaround expense ($/BBL) ⁷ 0.98  0.66  0.82  2.04  0.44  0.33  0.71  0.83

Refining adjusted controllable costs, excluding

adjusted turnaround expense ($/BBL) ⁷ 6.21  5.57  5.88  7.03  5.46  6.07  5.96  6.09

1 Income (loss) before income taxes divided by total processed inputs.

2 Realized refining margins per barrel, as presented, are calculated using the underlying realized refining margin amounts, in dollars, divided by adjusted total processed inputs, in barrels. As such, recalculated per barrel amounts

using the rounded margins and barrels presented may differ from the presented per barrel amounts.

3 Refer to Change in Basis of Presentation on page 14.

4 Includes our proportional share of processed inputs of an equity affiliate.

5 Represents proportional share of operating and SG&A of equity affiliates for our Refining segment that are reflected as a component of equity in earnings of affiliates on our consolidated statement of income.

6 Denominator is total processed inputs.

7 Denominator is adjusted total processed inputs.

Page 16

Phillips 66 Earnings Release Supplemental Data

RECONCILIATION OF INCOME BEFORE INCOME TAXES TO REALIZED MARKETING FUEL MARGINS

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

UNITED STATES

Income (loss) before income taxes (200) 217  17  111  429  34  230  804

Plus:

Depreciation and amortization 12  14  26  13  12  11  12  48

Selling, general and administrative expenses 229  271  500  203  202  460  223  1,088

Equity in earnings of affiliates (9) (17) (26) (7) (11) (13) (16) (47)

Other operating revenues ¹ (122) (145) (267) (105) (121) (129) (116) (471)

Other (income) expense, net 7  10  17  9  12  13  (15) 19

Special items:

None —  —  —  —  —  —  —  —

Realized marketing fuel margins (83) 350  267  224  523  376  318  1,441

Total fuel sales volumes (MB) 175,331  192,410  367,741  164,499  184,591  184,435  204,076  737,601

Income (loss) before income taxes ($/BBL) (1.14) 1.13  0.05  0.67  2.32  0.18  1.13  1.09

Realized marketing fuel margins ($/BBL) ² (0.47) 1.82  0.73  1.36  2.83  2.04  1.55  1.95

INTERNATIONAL

Income (loss) before income taxes (69) 232  163  1,117  56  155  2,073  3,401

Plus:

Depreciation and amortization 2  1  3  2  13  5  2  22

Selling, general and administrative expenses 9  8  17  65  72  63  62  262

Equity in earnings of affiliates (17) (40) (57) (8) (1) (1) —  (10)

Other operating revenues ¹ (1) (1) (2) (12) (8) (9) (7) (36)

Other expense, net 1  —  1  3  —  —  4  7

Special items:

Net (gain) loss on asset dispositions —  (110) (110) (1,017) 89  (15) (1,978) (2,921)

Marketing margins (75) 90  15  150  221  198  156  725

Less: margin for nonfuel related sales —  —  —  14  18  15  10  57

Realized marketing fuel margins (75) 90  15  136  203  183  146  668

Total fuel sales volumes (MB) 21,090  19,466  40,556  28,011  28,560  34,035  29,202  119,808

Income (loss) before income taxes ($/BBL) (3.27) 11.92  4.02  39.88  1.96  4.55  70.99  28.39

Realized marketing fuel margins ($/BBL) ² (3.53) 4.63  0.39  4.87  7.11  5.37  5.00  5.58

ADJUSTED EFFECTIVE TAX RATE NON-GAAP RECONCILIATION

RECONCILIATION OF EFFECTIVE TAX RATE TO ADJUSTED EFFECTIVE TAX RATE

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

EFFECTIVE TAX RATES

Income before income taxes 260  4,971  5,231  648  1,120  199  3,453  5,420

Special items (9) (45) (54) (1,064) 167  1,174  (2,118) (1,841)

Adjusted income (loss) before income taxes 251  4,926  5,177  (416) 1,287  1,373  1,335  3,579

Income tax expense 41  1,092  1,133  122  212  32  526  892

Special items (2) 14  12  (200) 71  282  (224) (71)

Adjusted income tax expense (benefit) 39  1,106  1,145  (78) 283  314  302  821

Effective tax rate (%) ³ 15.9  % 22.0  % 21.7  % 18.8  % 19.0  % 16.0  % 15.2  % 16.5  %

Adjusted effective tax rate (%) ³ 15.7  % 22.4  % 22.1  % 18.8  % 22.0  % 22.9  % 22.6  % 22.9  %

1 Includes other nonfuel revenues and expenses.

2 Realized marketing fuel margins per barrel, as presented, are calculated using the underlying realized marketing fuel margin amounts, in dollars, divided by sales volumes, in barrels. As such, recalculated per barrel amounts using

the rounded margins and barrels presented may differ from the presented per barrel amounts.

3 Effective tax rate (%) and Adjusted effective tax rate (%), as presented, are calculated using the underlying Income Tax Expense (Benefit) divided by Income (Loss) Before Income Taxes. As such, recalculated tax rate percentages

using the rounded Income (Loss) Before Income Taxes and Income Tax Expense (Benefit) may differ from the presented tax rates (%).

Page 17

Phillips 66 Earnings Release Supplemental Data

SELECTED PERFORMANCE METRICS

Millions of Dollars, Except as Indicated

2026 2025

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr YTD

Reference Page

MIDSTREAM

Transportation Volumes - Pipeline (MB/D) ¹ 5 2,932  3,142  3,038  2,893  3,093  3,111  2,993  3,023

Wellhead Volume (Bcf/D) ² 5 4.4  4.5  4.4  4.1  4.2  4.3  4.4  4.3

NGL Fractionated (MB/D) 5 980  1,020  1,000  748  883  930  1,018  896

CHEMICALS

Global Olefins and Polyolefins Capacity Utilization (%) 7 94  % 91  % 92  % 100  % 92  % 104  % 97  % 98  %

Ethylene to High-Density Polyethylene Chain Cash Margin (cents/lb) 7 10.7  43.6  27.2  10.9  7.4  7.6  2.6  7.1

REFINING

Total Processed Inputs (MB/D) 9 2,009  2,053  2,031  1,616  1,921  1,930  2,061  1,882

Crude Oil Capacity Utilization (%) 9 95  % 96  % 95  % 80  % 98  % 99  % 99  % 94  %

Clean Product Yield (%) 9 87  % 86  % 86  % 87  % 86  % 86  % 88  % 87  %

Refining Adjusted Controllable Costs, Excluding Adjusted Turnaround Expense ($/bbl) ³ ⁶ 16 6.21  5.57  5.88  7.03  5.46  6.07  5.96  6.09

MARKETING AND SPECIALTIES

Worldwide Refined Product Sales (MB/D) 11 2,182  2,329  2,255  2,140  2,342  2,375  2,536  2,348

RENEWABLE FUELS

Total Renewable Fuels Produced (MB/D) 12 40  53  47  44  40  36  32  38

CORPORATE

Cash Flow from Operations, Excluding Working Capital ³ 4 699  4,317  5,016  259  1,920  1,920  2,044  6,143

Returns to Shareholders % ³ ⁵ 4 111  % 21  % 33  % 276  % 47  % 39  % 37  % 51  %

Net Debt-to-Capital Ratio (%) ⁴ 13 43  % 33  % 33  % 38  % 41  % 41  % 38  % 38  %

1 Pipelines represent the sum of volumes transported through each separately tariffed consolidated pipeline segment, excluding NGL's pipelines.

2 Includes 100% of DCP Midstream Class A Segment.

3 Refer to Use of Non-GAAP Financial Information on page 14.

4 Refer to reconciliation to GAAP financial information on page 13.

5 "Returns to Shareholders" percentage is calculated as repurchases of common stock plus dividends paid on common stock divided by cash flow from operations, excluding working capital.

6 "Refining adjusted controllable costs" is the sum of operating and SG&A expenses for our Refining segment, plus our proportional share of operating and SG&A expenses of refining equity affiliates that are reflected in equity in

earnings of affiliates. The sum of these amounts is also adjusted for any special items in the respective periods. The per barrel amounts are based on total processed units for the respective period. Refer to reconciliations on page 16.

Page 18

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na

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duration

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Namespace Prefix:

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Data Type:

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Balance Type:

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Period Type:

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- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

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Data Type:

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na

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

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Data Type:

dei:fileNumberItemType

Balance Type:

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Period Type:

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X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

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Data Type:

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Balance Type:

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Period Type:

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

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Data Type:

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

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- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

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Data Type:

xbrli:normalizedStringItemType

Balance Type:

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Period Type:

duration

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

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Namespace Prefix:

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Data Type:

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Balance Type:

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Period Type:

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X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

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Data Type:

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Balance Type:

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Period Type:

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X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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Name:

dei_Security12bTitle

Namespace Prefix:

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Data Type:

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Balance Type:

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Period Type:

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

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Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

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Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

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X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

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Period Type:

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- Definition

Document and entity information.

+ References

No definition available.

+ Details

Name:

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Namespace Prefix:

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Data Type:

xbrli:stringItemType

Balance Type:

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Period Type:

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