Sunoco 2004 Annual Report Download - page 75

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Segment Information
(Millions of Dollars)
Refining
and
Supply
Retail
Marketing Chemicals Logistics Coke
Corporate
and Other Consolidated
2002
Sales and other operating revenue
(including consumer excise taxes):
Unaffiliated customers $5,827 $6,172 $1,362 $ 690 $248 $ — $14,299
Intersegment $3,828 $ — $ — $1,158 $ — $ — $ —
Pretax segment income (loss) $ (46) $ 31 $ 43 $ 47 $ 65 $(213) $ (73)
Income tax (expense) benefit 15 (11) (15) (14) (23) 74 26
After-tax segment income (loss) $ (31) $ 20 $ 28 $ 33 $ 42 $(139)* $ (47)
Equity income $3 $— $ 6 $ 14 $— $— $ 23
Depreciation, depletion and amortization $ 153 $ 95 $ 44 $ 25 $ 12 $ — $ 329
Capital expenditures $ 179 $ 124 $ 36 $ 41** $ 5 $ — $ 385
Investments in and advances to affiliated
companies $ 16 $ — $ 101 $ 81 $ — $ — $ 198
Identifiable assets $ 2,252 $1,135 $1,325 $1,021 $278 $ 452*** $ 6,441†
* Consists of $26 million of after-tax corporate expenses, $91 million of after-tax net financing expenses and other and a $22 million after-tax provision for asset write-downs and
other matters (Note 2).
** Excludes $54 million purchase from Unocal of interests in three Midwestern and Western U.S. products pipeline companies and a $6 million purchase which increased the
Company’s ownership interest in the West Texas Gulf Pipeline (Note 2).
*** Consists of Sunoco’s $94 million consolidated deferred income tax asset, $5 million of prepaid retirement costs and $353 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) 2004 2003 2002
Gasoline:
Wholesale $ 3,934 $ 2,167 $ 1,787
Retail 6,169 4,529 3,545
Middle distillates 5,764 3,518 2,736
Residual fuel 948 797 549
Petrochemicals 2,719 1,987 1,599
Lubricants 324 295 263
Other refined products 656 505 510
Other products and services 763 703 596
Resales of purchased crude oil 1,637 1,218 632
Coke and coal 272 251 248
Consumer excise taxes 2,282 1,999 1,834
$25,468 $17,969 $14,299
73