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Statement of Comprehensive Income

Difficulty: Beginner

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Phillips 66, Consolidated Statement of Comprehensive Income

USD $ in millions

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Based on: 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-17), 10-K (filing date: 2016-02-19), 10-K (filing date: 2015-02-20), 10-K (filing date: 2014-02-21).

Item Description The company
Net income attributable to Phillips 66 The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Phillips 66's net income attributable to Phillips 66 declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Comprehensive income attributable to Phillips 66 Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Phillips 66's comprehensive income attributable to Phillips 66 declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.