Item 6. SELECTED FINANCIAL DATA

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Item 6. SELECTED FINANCIAL DATA



	Millions of Dollars Except Per Share Amounts
	2017		2016	2015	2014	2013

Sales and other operating revenues	$	102,354	84,279	98,975	161,212	171,596
Income from continuing operations	5,248		1,644	4,280	4,091	3,682
Income from continuing operations attributable to Phillips 66	5,106		1,555	4,227	4,056	3,665
Per common share
Basic	9.90		2.94	7.78	7.15	5.97
Diluted	9.85		2.92	7.73	7.10	5.92
Net income	5,248		1,644	4,280	4,797	3,743
Net income attributable to Phillips 66	5,106		1,555	4,227	4,762	3,726
Per common share
Basic	9.90		2.94	7.78	8.40	6.07
Diluted	9.85		2.92	7.73	8.33	6.02
Total assets	54,371		51,653	48,580	48,692	49,769
Long-term debt	10,069		9,588	8,843	7,793	6,101
Cash dividends declared per common share	2.7300		2.4500	2.1800	1.8900	1.3275

In December 2013, we entered into an agreement to exchange the stock of Phillips Specialty Products Inc. (PSPI), a flow improver business, which was included in our Marketing and Specialties segment, for shares of Phillips 66 common stock owned by the other party. The PSPI share exchange was completed in February 2014. Accordingly, the selected income from continuing operations data above for the years ended December 31, 2014 and 2013, exclude income from PSPI’s discontinued operations of $706 million and $61 million, respectively.

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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