Sunoco 2008 Annual Report Download - page 105

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Segment Information (millions of dollars)
Refining
and
Supply
Retail
Marketing Chemicals Logistics Coke
Corporate
and Other Consolidated
2006
Sales and other operating revenue
(including consumer excise taxes):
Unaffiliated customers .............. $18,140 $13,482 $2,544 $3,995 $475 $— $38,636
Intersegment ...................... $11,068 $— $— $1,837 $10 $— $—
Pretax segment income (loss) .......... $1,467 $129 $ 61 $ 55 $ 52 $(184) $1,580
Income tax (expense) benefit .......... (586) (53) (18) (19) (2) 77 (601)
After-tax segment income (loss) ........ $ 881 $ 76 $43 $36 $50 $(107)* $ 979
Equity income ....................... $4 $— $— $22 $— $— $26
Depreciation, depletion and
amortization ....................... $225 $104 $74 $38 $18 $— $459
Capital expenditures .................. $712 $112 $62** $119*** $14†$— $1,019
Investments in affiliated companies ..... $22 $— $— $85 $2 $— $109
Identifiable assets .................... $5,144 $1,409 $1,598 $1,991 $483 $430†† $10,982†††
*Consists of $58 million of after-tax corporate expenses and $49 million of after-tax net financing expenses and other.
**Excludes a $14 million purchase price adjustment to the 2001 Aristech Chemical Corporation acquisition attributable to an earn-out payment made in
2006. The earn out, which relates to 2005, was due to realized margins for phenol exceeding certain agreed-upon threshold amounts.
***Excludes the acquisition of two separate crude oil pipeline systems and related storage facilities located in Texas, one from Alon USA Energy, Inc. for
$68 million and the other from Black Hills Energy, Inc. for $41 million (Note 2).
†Excludes $155 million acquisition of the minority interest in the Jewell cokemaking operations (Notes 2 and 15).
††Consists of Sunoco’s $93 million consolidated deferred income tax asset and $337 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
(in millions of dollars):
2008 2007 2006
Gasoline:
Wholesale ............................................................ $ 7,971 $ 6,451 $ 5,633
Retail ................................................................ 11,843 10,344 9,490
Middle distillates ......................................................... 15,570 11,824 9,952
Residual fuel ............................................................ 1,923 1,637 1,428
Petrochemicals .......................................................... 3,580 3,489 3,196
Lubricants .............................................................. 695 506 562
Other refined products .................................................... 962 727 622
Convenience store merchandise ............................................ 521 536 528
Other products and services ............................................... 280 257 228
Resales of purchased crude oil ............................................. 7,386 5,566 3,888
Coke and coal operations ................................................. 827 506 475
Consumer excise taxes ................................................... 2,494 2,627 2,634
$54,052 $44,470 $38,636
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