Sunoco 2014 Annual Report Download - page 105

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103
Consolidating Statement of Cash Flows
Year Ended December 31, 2013 (Successor)
(in millions)
Parent
Guarantor Subsidiary
Issuer
Non-
Guarantor
Subsidiaries Consolidating
Adjustments Total
Net Cash Flows from Operating Activities
$ 463 $ 446 $ 838 $ (998) $ 749
Cash Flows from Investing Activities:
Capital expenditures — — (897) — (897)
Acquisitions — — (60) — (60)
Intercompany 95 (1,177) 84 998 —
Net cash provided by (used in) investing
activities 95 (1,177) (873) 998 (957)
Cash Flows from Financing Activities:
Distributions paid to limited and general
partners (353) — — — (353)
Distributions paid to noncontrolling interests (13) — — — (13)
Payments of statutory withholding on net
issuance of limited partner units under LTIP — — (3) — (3)
Repayments under credit facilities — (119) — — (119)
Borrowings under credit facilities — 200 15 — 215
Net proceeds from issuance of long-term debt — 691 — — 691
Advances to affiliated companies, net (192) (31) 40 — (183)
Contributions attributable to acquisition from
affiliate — — 9 — 9
Net cash used in financing activities (558) 741 61 — 244
Net change in cash and cash equivalents — 10 26 — 36
Cash and cash equivalents at beginning of
period — 2 1 — 3
Cash and cash equivalents at end of period $ — $ 12 $ 27 $ — $ 39