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Phillips 66 (PSX)

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82.72 +0.42  +0.51% NYSE Apr 24, 3:24PM BATS Real time Currency in USD

Phillips 66 Total Liabilities (Quarterly):

27.85B for Dec. 31, 2013

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Phillips 66 Total Liabilities (Quarterly) Chart

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Phillips 66 Historical Total Liabilities (Quarterly) Data

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Data for this Date Range  
Dec. 31, 2013 27.85B
Sept. 30, 2013 29.43B
June 30, 2013 28.27B
March 31, 2013 29.81B
Dec. 31, 2012 27.30B
Sept. 30, 2012 31.66B
June 30, 2012 29.63B
March 31, 2012 28.09B
Dec. 31, 2011 19.95B
Sept. 30, 2011 21.58B
Dec. 31, 2010 18.95B

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About Total Liabilities

Liabilities are obligations of a company arising from past transactions or events which are expected to reduce assets when they are settled.

Note : This is a simple term, but fairly complex topic. A company's balance sheet is made up of three components : Assets, Liabilities, and Shareholder's Equity. Assets are equivalent to the sum of liabilities and shareholder's equity.

Let's say a company sells computers. The assets would be the machinery, the plant, the inventory, etc. the company. However, the value of these assets belong to who funded the company. Is the company backed by obligations/debt (loans from a bank, inventory from a supplier)? or ... The founder / common public's (shareholder's equity)? Most likely, a combination of both.

Simply, liabilities are the part of a company's assets that it has yet to repay back.
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PSX Total Liabilities (Quarterly) Benchmarks

Marathon Petroleum 17.46B
Valero Energy 27.80B
Phillips 66 Partners 10.10M

PSX Total Liabilities (Quarterly) Range, Past 5 Years

Minimum 18.95B Dec 2010
Maximum 31.66B Sep 2012
Average 26.59B

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