Sunoco 2010 Annual Report Download - page 99
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12. Long-Term Debt
Long-term debt consists of the following (in millions of dollars):
December 31
2010 2009
9.625% notes due 2015 ......................................... $ 250 $ 250
9.00% debentures due 2024 ..................................... 65 65
8.75% notes due 2014 .......................................... 175 175
7.25% notes due 2012 .......................................... 250 250
6.85% notes due 2040 .......................................... 250 —
6.75% notes due 2011 .......................................... 177 177
6.75% convertible subordinated debentures due 2012 (Note 15) ....... 7 7
6.125% notes due 2016 ......................................... 175 175
5.50% notes due 2020 .......................................... 250 —
5.75% notes due 2017 .......................................... 400 400
4.875% notes due 2014 ......................................... 250 250
Revolving credit loan, floating interest rate due 2012 (Note 11) ......... — 238
Revolving credit loan, floating interest rate (2.77% at
December 31, 2010) due 2011 (Note 11) ......................... 31 31
Other ........................................................ 38 52
2,318 2,070
Less: unamortized discount ..................................... 4 3
current portion .......................................... 178 6
$2,136 $2,061
The aggregate amount of long-term debt maturing and sinking fund requirements in the years 2011 through
2015 is as follows (in millions of dollars):
2011 ............................ $178 2014 .......................... $426
2012 ............................ $318 2015 .......................... $251
2013 ............................ $1
Maturities in 2011 exclude $31 million outstanding under the Partnership’s $63 million revolving credit
facility since the Partnership has the ability and intent to refinance this amount on a long-term basis
(see Note 11).
Cash payments for interest related to short-term borrowings and long-term debt (net of amounts capitalized)
were $134, $91 and $69 million in 2010, 2009 and 2008, respectively.
The following table summarizes Sunoco’s long-term debt (including current portion) by issuer (in millions
of dollars):
December 31
2010 2009
Sunoco, Inc. .................................................. $1,147 $1,147
Sunoco Logistics Partners L.P. ................................... 1,129 868
Other ........................................................ 38 52
$2,314 $2,067
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