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Analysis of Revenues
Revenues as Reported
Phillips 66, Income Statement, Revenues
US$ in millions
|12 months ended:||Dec 31, 2019||Dec 31, 2018||Dec 31, 2017||Dec 31, 2016||Dec 31, 2015|
|Refined petroleum products|
|Crude oil resales|
|Services and other|
|Consolidated sales and other operating revenues by product line|
|Consolidated sales and other operating revenues by product line||Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).||Phillips 66’s consolidated sales and other operating revenues by product line increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.|