Phillips 66 (PSX) - Total Liabilities
Based on the latest financial reports, Phillips 66 (PSX) has total liabilities worth $49.11 Billion USD as of June 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore long-term investment intensity of Phillips 66 to see how much of total assets are deployed in long-term investments.
Phillips 66 - Total Liabilities Trend (2009–2025)
This chart illustrates how Phillips 66's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Phillips 66 balance sheet assets.
Phillips 66 Competitors by Total Liabilities
The table below lists competitors of Phillips 66 ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Lumentum Holdings Inc
NASDAQ:LITE
|
USA | $2.66 Billion |
|
Tata Consultancy Services Limited
NSE:TCS
|
India | Rs735.22 Billion |
|
Equinor ASA
F:DNQA
|
Germany | €97.77 Billion |
|
Enterprise Products Partners LP
NYSE:EPD
|
USA | $816.00 Million |
|
Glencore plc
MX:GLENN
|
Mexico | MX$108.59 Billion |
|
American Tower Corp
NYSE:AMT
|
USA | $52.84 Billion |
|
Comcast Corp
NASDAQ:CMCSA
|
USA | $171.67 Billion |
|
State Bank of India
F:SID
|
Germany | €72.70 Trillion |
Liability Composition Analysis (2009–2025)
This chart breaks down Phillips 66's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Phillips 66 balance sheet independence to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.32 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.56 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.60 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Phillips 66's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Phillips 66 (2009–2025)
The table below shows the annual total liabilities of Phillips 66 from 2009 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $43.44 Billion | -1.54% |
| 2024-12-31 | $44.12 Billion | +0.61% |
| 2023-12-31 | $43.85 Billion | +3.58% |
| 2022-12-31 | $42.34 Billion | +24.68% |
| 2021-12-31 | $33.96 Billion | +2.29% |
| 2020-12-31 | $33.20 Billion | +5.22% |
| 2019-12-31 | $31.55 Billion | +16.21% |
| 2018-12-31 | $27.15 Billion | +0.76% |
| 2017-12-31 | $26.94 Billion | -3.53% |
| 2016-12-31 | $27.93 Billion | +13.33% |
| 2015-12-31 | $24.64 Billion | -7.72% |
| 2014-12-31 | $26.70 Billion | -2.56% |
| 2013-12-31 | $27.41 Billion | +0.51% |
| 2012-12-31 | $27.27 Billion | +36.90% |
| 2011-12-31 | $19.92 Billion | +5.22% |
| 2010-12-31 | $18.93 Billion | +18.75% |
| 2009-12-31 | $15.94 Billion | -- |
About Phillips 66
Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and storage services, as well as natural … Read more