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2
PART I
As used in this document, unless the context otherwise indicates, the terms "we," "us," and "our" means Sunoco Logistics
Partners L.P. ("SXL" or the "Partnership"), one or more of our operating subsidiaries, or all of them as a whole.
ITEM 1. BUSINESS
(a) General Development of Business
We are a publicly traded Delaware limited partnership that owns and operates a logistics business, consisting of a
geographically diverse portfolio of complementary pipeline, terminalling, and acquisition and marketing assets which are used
to facilitate the purchase and sale of crude oil, refined products, and natural gas liquids ("NGLs"). The principal executive
offices of Sunoco Partners LLC, our general partner, are located at 1818 Market Street, Suite 1500, Philadelphia, Pennsylvania
19103 (telephone (866) 248-4344). Our website address is www.sunocologistics.com.
On October 5, 2012, Sunoco, Inc. ("Sunoco") was acquired by Energy Transfer Partners, L.P. ("ETP"). Prior to this
transaction, Sunoco (through its wholly-owned subsidiary Sunoco Partners LLC) served as our general partner and owned a
two percent general partner interest, all of our incentive distribution rights, and a 32.4 percent limited partner interest in the
Partnership. In connection with the acquisition, Sunoco's interests in the general partner and limited partnership were
contributed to ETP, resulting in a change in control of our general partner. As a result, we became a consolidated subsidiary of
ETP on the acquisition date.
(b) Financial Information about Segments
See Part II, Item 8. "Financial Statements and Supplementary Data."
(c) Narrative Description of Business
We are a Delaware limited partnership which is principally engaged in the transport, terminalling and storage of crude oil,
refined products and NGLs. In addition to logistics services, we also own acquisition and marketing assets which are used to
facilitate the purchase and sale of crude oil, refined products and NGLs. Our portfolio of geographically diverse assets earns
revenues in 35 states, located throughout the United States. Our reporting segments are as follows:
• The Crude Oil Pipelines transport crude oil in the southwest and midwest United States, principally in Oklahoma and
Texas. The segment contains approximately 5,300 miles of crude oil trunk pipelines for high-volume, long-distance
transportation, and approximately 500 miles of crude oil gathering lines that supply the trunk pipelines. The segment
includes the West Texas Gulf Pipe Line Company ("West Texas Gulf"), a wholly-owned subsidiary, a controlling
financial interest in Mid-Valley Pipeline Company ("Mid-Valley"), and an equity interest in SunVit Pipeline LLC
("SunVit").
• The Crude Oil Acquisition and Marketing business gathers, purchases, markets and sells crude oil, principally in the
mid-continent United States. The segment utilizes our proprietary fleet of approximately 335 crude oil transport trucks
and approximately 135 crude oil truck unloading facilities, as well as third-party assets.
• The Terminal Facilities consist of crude oil, refined products and NGL terminals, as well as a refined products and
NGL acquisition and marketing business. The segment operates with an aggregate storage capacity of approximately
48 million barrels, including the 25 million barrel Nederland, Texas crude oil and NGL terminal; the 6 million barrel
Eagle Point, New Jersey refined products and crude oil terminal; the 3 million barrel Marcus Hook, Pennsylvania
refined products and NGL facility (the "Marcus Hook Industrial Complex"); 39 active refined products marketing
terminals located in the northeast, midwest and southwest United States; and refinery terminals located in the northeast
United States.
• The Products Pipelines consist of approximately 2,400 miles of refined products and NGL pipelines, and joint venture
interests in four products pipelines in several regions of the United States. The pipelines primarily transport refined
products and NGLs in the northeast, midwest and southwest United States to markets in these areas, as well as
Ontario, Canada. These operations include our controlling financial interest in Inland, which owns approximately 350
miles of products pipeline.
In 2014, we continued to expand our crude oil pipeline capacity with the commencement of operations on several projects
in Texas, as well as the addition of incremental throughput on projects that began operations in prior years. We also increased
activity in the pipeline transportation, storage, and acquisition and marketing of NGLs in the northeastern United States with