Energy Transfer 2013 Annual Report Download - page 189

Table of Contents
Sunoco Logistics Quarterly Distributions of Available Cash
Distributions declared during the periods presented below are summarized as follows:
Quarter Ended
Record Date
Payment Date
Rate
December 31, 2012
February 8, 2013
February 14, 2013
$0.54500
March 31, 2013
May 9, 2013
May 15, 2013
0.57250
June 30, 2013
August 8, 2013
August 14, 2013
0.60000
September 30, 2013
November 8, 2013
November 14, 2013
0.63000
December 31, 2013 February 10, 2014
February 14, 2014
0.66250
Accumulated Other Comprehensive Income (Loss)
The following table presents the components of AOCI, net of tax:
December 31,
2013
2012
Available-for-sale securities $ 2
$ —
Foreign currency translation adjustment (1)
—
Net loss on commodity related hedges (4)
—
Actuarial gain (loss) related to pensions and other postretirement benefits 56
(10)
Equity investments, net 8
(9)
Subtotal 61
(19)
Amounts attributable to noncontrolling interest —
6
Total AOCI, net of tax $61
$(13)
The tables below set forth the tax amounts included in the respective components of other comprehensive income (loss) for the periods presented:
December 31,
2013
2012
Net gains on commodity related hedges $ —
$ 1
Actuarial (gain) loss relating to pension and other postretirement benefits (39)
5
Total $(39)
$ 6
8. UNIT-BASED COMPENSATION PLANS:
ETP Unit-Based Compensation Plan
We have issued equity incentive plans for employees, officers and directors, which provide for various types of awards, including options to purchase
ETP Common Units, restricted units, phantom units, Common Units, distribution equivalent rights (“DERs”), Common Unit appreciation rights, and
other unit-based awards. As of December 31, 2013, an aggregate total of 0.9 million ETP Common Units remain available to be awarded under our equity
incentive plans.
Unit Grants
We have granted restricted unit awards to employees that vest over a specified time period, typically a five-year service vesting requirement, with vesting
based on continued employment as of each applicable vesting date. Upon vesting, ETP Common Units are issued. These unit awards entitle the recipients
of the unit awards to receive, with respect to each Common Unit subject to such award that has not either vested or been forfeited, a cash payment equal
to each cash distribution per Common Unit made by us on our Common Units promptly following each such distribution by us to our Unitholders. We
refer to these rights as “distribution equivalent rights.” Under our equity incentive plans, our non-employee directors each receive grants with a five-year
service vesting requirement.
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