Sunoco 2006 Annual Report Download - page 74

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Segment Information
(Millions of Dollars)
Refining and
Supply
Retail
Marketing Chemicals Logistics Coke
Corporate
and Other Consolidated
2004
Sales and other operating revenue
(including consumer excise taxes):
Unaffiliated customers $11,732 $9,567 $2,197 $1,700 $272 $ — $25,468
Intersegment $ 7,125 $ — $ — $1,750 $ — $ — $ —
Pretax segment income (loss) $ 908 $ 111 $ 153 $ 44 $ 58 $(279) $ 995
Income tax (expense) benefit (367) (43) (59) (13) (18) 110 (390)
After-tax segment income (loss) $ 541 $ 68 $ 94 $ 31 $ 40 $(169)* $ 605
Equity income $ 5 $ — $ 2 $ 19 $ — $ — $ 26
Depreciation, depletion and amortization $ 188 $ 106 $ 70 $ 32 $ 13 $ — $ 409
Capital expenditures $ 463** $ 103*** $ 56** $ 75** $135 $ — $ 832
Investments in affiliated companies $ 11 $ — $ — $ 84 $ — $ — $ 95
Identifiable assets $ 3,125 $1,336 $1,582 $1,254 $374 $ 485†$ 8,079††
* Consists of $67 million of after-tax corporate expenses, $78 million of after-tax net financing expenses and other, an $18 million after-tax gain related to income tax matters, an
$8 million after-tax loss on the divestment of the Chemicals segment’s one-third interest in BEF and a $34 million after-tax loss from the early extinguishment of debt in
connection with a debt restructuring (Notes 2, 3, 4 and 12).
** Excludes $250 million acquisition from El Paso Corporation of the Eagle Point refinery and related chemical and logistics assets, which includes inventory. The $250 million
purchase price is comprised of $190, $40 and $20 million attributable to Refining and Supply, Chemicals and Logistics, respectively (Note 2).
*** Excludes $181 million acquisition from ConocoPhillips of 340 Mobil®retail outlets located primarily in Delaware, Maryland, Virginia and Washington, D.C., which includes
inventory (Note 2).
†Consists of Sunoco’s $110 million consolidated deferred income tax asset and $375 million attributable to corporate activities.
†† After elimination of intersegment receivables.
The following table sets forth Sunoco’s sales to un-
affiliated customers and other operating revenue by prod-
uct or service:
(Millions of Dollars) 2006 2005 2004
Gasoline:
Wholesale $ 5,633 $ 5,339 $ 3,934
Retail 9,490 7,929 6,169
Middle distillates 9,952 8,866 5,764
Residual fuel 1,428 1,509 948
Petrochemicals 3,196 3,014 2,719
Lubricants 562 417 324
Other refined products 622 517 656
Convenience store merchandise 528 535 585
Other products and services 228 204 178
Resales of purchased crude oil 3,888 2,422 1,637
Coke and coal 475 414 272
Consumer excise taxes 2,634 2,588 2,282
$38,636 $33,754 $25,468
72