Sunoco 2007 Annual Report Download - page 70

Download and view the complete annual report

Please find page 70 of the 2007 Sunoco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 78

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78

Segment Information
(Millions of Dollars)
Refining and
Supply
Retail
Marketing Chemicals Logistics Coke
Corporate
and Other Consolidated
2005
Sales and other operating revenue
(including consumer excise taxes):
Unaffiliated customers $16,620 $11,783 $2,440 $2,497 $414 $ — $33,754
Intersegment $ 9,420 $ — $ — $1,983 $ 6 $ — $ —
Pretax segment income (loss) $ 1,582 $ 50 $ 152 $ 37 $ 69 $ (310) $ 1,580
Income tax (expense) benefit (635) (20) (58) (15) (21) 143 (606)
After-tax segment income (loss) $ 947 $ 30 $ 94 $ 22 $ 48 $ (167)* $ 974
Equity income $ 10 $ — $ — $ 16 $ — $ — $ 26
Depreciation, depletion and amortization $ 201 $ 105 $ 71 $ 36 $ 16 $ — $ 429
Capital expenditures $ 687 $ 117 $ 55 $ 79** $ 32 $ — $ 970
Investments in affiliated companies $ 37 $ — $ — $ 86 $ 1 $ — $ 124
Identifiable assets $ 3,866 $ 1,390 $1,583 $1,586 $417 $1,152*** $ 9,931†
* Consists of $84 million of after-tax corporate expenses, $45 million of after-tax net financing expenses and other, an $18 million net after-tax gain related to income tax matters
and a $56 million after-tax loss associated with the Chemicals segment’s phenol supply contract dispute (Notes 2, 3 and 4).
** Excludes $100 million acquisition from ExxonMobil of a crude oil pipeline system and related storage facilities located in Texas and $5 million acquisition from Chevron of an
ownership interest in Mesa Pipeline (Note 2).
*** Consists of Sunoco’s $215 million consolidated deferred income tax asset and $937 million attributable to corporate activities.
†After elimination of intersegment receivables.
The following table sets forth Sunoco’s sales to unaffiliated
customers and other operating revenue by product or
service:
(Millions of Dollars) 2007 2006 2005
Gasoline:
Wholesale $ 6,451 $ 5,633 $ 5,339
Retail 10,344 9,490 7,929
Middle distillates 11,824 9,952 8,866
Residual fuel 1,637 1,428 1,509
Petrochemicals 3,489 3,196 3,014
Lubricants 506 562 417
Other refined products 727 622 517
Convenience store merchandise 536 528 535
Other products and services 289 228 204
Resales of purchased crude oil 5,566 3,888 2,422
Coke and coal 474 475 414
Consumer excise taxes 2,627 2,634 2,588
$44,470 $38,636 $33,754
68