XML 78 R66.htm IDEA: XBRL DOCUMENT v3.5.0.2
Phillips 66 Partners LP (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
May 10, 2016
Jun. 30, 2016
May 31, 2016
Mar. 31, 2016
Jun. 30, 2016
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Subsidiary or Equity Method Investee [Line Items]                
Issuance of Phillips 66 Partners LP common units           $ 562 $ 384  
Net properties, plants and equipment   $ 20,247     $ 20,247 20,247   $ 19,721
Noncontrolling Interest [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Issuance of Phillips 66 Partners LP common units           $ 381 $ 384  
Phillips 66 Partners LP [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Limited partner interest in Phillips 66 Partners owned by public, percentage           37.00%    
Phillips 66 Partners LP [Member] | Variable Interest Entity, Primary Beneficiary [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Limited partnership interest in Phillips 66 Partners, percentage           61.00%    
General partnership interest in Phillips 66 Partners, percentage           2.00%    
Equity investments   1,008     1,008 $ 1,008    
Net properties, plants and equipment   1,673     $ 1,673 $ 1,673    
Phillips 66 Partners LP [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Entities under common control, ownership percentage transferred       25.00%        
Total consideration for contributed assets       $ 236        
Note payable to us       212        
Entities under common control, ownership percentage transferred, wholly owned     100.00%          
Phillips 66 Partners LP [Member] | Common And General Partner Units [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Aggregate fair value of units received       $ 24        
Phillips 66 Partners LP [Member] | Phillips 66 Sweeny Frac LLC [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Entities under common control, ownership percentage transferred     75.00%          
Phillips 66 Partners LP [Member] | Sweeny Frac LLC And Phillips 66 Plymouth LLC [Member] [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Note payable to us     $ 675          
Phillips 66 Partners LP [Member] | Sweeny Frac LLC And Phillips 66 Plymouth LLC [Member] [Member] | Common And General Partner Units [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Aggregate fair value of units received     100          
Majority Shareholder [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Total consideration for contributed assets     $ 775          
Common Units [Member] | Phillips 66 Partners LP [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Units, sold in public offering, shares 12,650,000              
Sale of stock, price per share (in usd per share) $ 52.40              
Public sale of units net of offering costs $ 656              
Partners' capital account, units, amount authorized   $ 250            
Partners' capital account, units, sale of units         262,858      
Issuance of Phillips 66 Partners LP common units         $ 14