Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA

For periods prior to the Separation, the following selected financial data consisted of the combined operations of the downstream businesses of ConocoPhillips. All financial information presented for periods after the Separation represents the consolidated results of operations, financial position and cash flows of Phillips 66. Accordingly, the selected income statement data for the year ended December 31, 2012, consists of the consolidated results of Phillips 66 for the eight months ended December 31, 2012, and the combined results of the downstream businesses of ConocoPhillips for the four months ended April 30, 2012.



	Millions of Dollars Except Per Share Amounts
	2016		2015	2014	2013	2012

Sales and other operating revenues	$	84,279	98,975	161,212	171,596	179,290
Income from continuing operations	1,644		4,280	4,091	3,682	4,083
Income from continuing operations attributable to Phillips 66	1,555		4,227	4,056	3,665	4,076
Per common share
Basic	2.94		7.78	7.15	5.97	6.47
Diluted	2.92		7.73	7.10	5.92	6.40
Net income	1,644		4,280	4,797	3,743	4,131
Net income attributable to Phillips 66	1,555		4,227	4,762	3,726	4,124
Per common share
Basic	2.94		7.78	8.40	6.07	6.55
Diluted	2.92		7.73	8.33	6.02	6.48
Total assets	51,653		48,580	48,692	49,769	48,035
Long-term debt	9,588		8,843	7,793	6,101	6,924
Cash dividends declared per common share	2.4500		2.1800	1.8900	1.3275	0.4500

To ensure full understanding, you should read the selected financial data presented above in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and accompanying notes included elsewhere in this Annual Report on Form 10-K.

Index to Financial Statements

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