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Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues and Other Income        
Sales and other operating revenues $ 10,913 $ 27,847 $ 31,791 $ 50,950
Equity in earnings of affiliates 157 648 522 1,164
Net gain on dispositions 85 0 86 1
Other income 28 23 28 61
Total Revenues and Other Income 11,183 28,518 32,427 52,176
Costs and Expenses        
Purchased crude oil and products 9,608 24,554 28,048 45,609
Operating expenses 1,026 1,165 2,367 2,472
Selling, general and administrative expenses 409 408 728 774
Depreciation and amortization 343 334 685 665
Impairments 0 2 3,006 3
Taxes other than income taxes 114 97 271 225
Accretion on discounted liabilities 5 5 11 11
Interest and debt expense 117 115 228 234
Foreign currency transaction losses 6 9 6 14
Total Costs and Expenses 11,628 26,689 35,350 50,007
Income (loss) before income taxes (445) 1,829 (2,923) 2,169
Income tax expense (benefit) (378) 325 (429) 395
Net Income (Loss) (67) 1,504 (2,494) 1,774
Less: net income attributable to noncontrolling interests 74 80 143 146
Net Income (Loss) Attributable to Phillips 66 $ (141) $ 1,424 $ (2,637) $ 1,628
Net Income (Loss) Attributable to Phillips 66 Per Share of Common Stock (dollars)        
Basic (in usd per share) $ (0.33) $ 3.13 $ (6.00) $ 3.57
Diluted (in usd per share) $ (0.33) $ 3.12 $ (6.00) $ 3.55
Weighted-Average Common Shares Outstanding (thousands)        
Basic (in shares) 438,756 453,681 440,050 455,630
Diluted (in shares) 438,756 455,585 440,050 457,620