Sunoco 2012 Annual Report Download - page 74

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SUNOCO LOGISTICS PARTNERS L.P.
CONSOLIDATED STATEMENTS OF EQUITY
(in millions)
Limited Partners
General
Partner
Accumulated
Other
Comprehensive
Income (Loss)
Noncontrolling
Interests Total
Common Class A
Units $ Units $ $ $ $ $
Predecessor
Balance at December 31, 2009 .................... 93.0 $ 837 — $ — $ 27 $ (2) $ — $ 862
Net Income ............................... — $ 298 — $— $ 48 $— $ 2 $ 348
Recognition of funded status of affiliates’
postretirement plans ...................... — — — — — 1 — 1
Loss on cash flow hedges .................... — — — — — (2) — (2)
Total comprehensive income (loss) ................ — 298 — — 48 (1) 2 347
Issuance of Limited Partner units to the public ........ 6.0 143 — — 3 — — 146
Units issued under incentive plans ................. 0.2 5 — — — — — 5
Distribution equivalent rights ..................... — (1) — — — — — (1)
Payment of statutory withholding on issuance of
LTIP ...................................... — (2) — — — — — (2)
Noncontrolling equity in joint venture acquisitions .... — — — — — — 80 80
Distribution related to IDR transaction .............. — (197) — — (4) — — (201)
Distributions .................................. — (143) — — (46) — (4) (193)
Other ........................................ — — — — — — (1) (1)
Balance at December 31, 2010 .................... 99.2 $ 940 — $ — $ 28 $ (3) $ 77 $1,042
Net Income ............................... — $ 257 $ 2 $ 54 $— $ 9 $ 322
Gain on cash flow hedges .................... — — — — — 4 — 4
Total comprehensive income ..................... — 257 — 2 54 4 9 326
Issuance of Class A units to Sunoco, Inc. ............ — — 3.9 20 2 — — 22
Units issued under incentive plans ................. 0.2 6 — — — — — 6
Distribution equivalent rights ..................... — (2) — — — — — (2)
Payment of statutory withholding on issuance of
LTIP ...................................... — (3) — — — — — (3)
Noncontrolling equity in joint venture acquisitions .... — — — — — — 20 20
Distributions .................................. — (160) — — (50) — (8) (218)
Other ........................................ — 1 — — — — — 1
Balance at December 31, 2011 .................... 99.4 $1,039 3.9 $ 22 $ 34 $ 1 $ 98 $1,194
Net Income ............................... — $ 324 — $ 2 $ 55 $— $ 8 $ 389
Loss on cash flow hedges .................... — — — — — (21) — (21)
Total comprehensive income (loss) ................ — 324 — 2 55 (21) 8 368
Units issued under incentive plans ................. 0.3 6 — — — — — 6
Distribution equivalent rights ..................... — (1) — — — — — (1)
Payment of statutory withholding on issuance of
LTIP ...................................... — (5) — — — — — (5)
Conversion of Class A units to common units ........ 3.9 24 (3.9) (24) — — — —
Distributions .................................. — (133) — — (45) — (5) (183)
Balance at October 4, 2012 ....................... 103.6 $1,254 — $ — $ 44 $ (20) $ 101 $1,379
Successor
Balance at October 5, 2012 ....................... 103.6 $5,118 — $ — $893 $ — $ 123 $6,134
Net Income ............................... — $ 115 — $— $ 24 — $ 3 $ 142
Gain on cash flow hedges .................... — — — — — — — —
Total comprehensive income ..................... — 115 — — 24 — 3 142
Units issued under incentive plans ................. 0.2 2 — — — — — 2
Distribution equivalent rights ..................... — — — — — — — —
Payment of statutory withholding on issuance of
LTIP ...................................... — (7) — — — — — (7)
Distributions .................................. — (54) — — (20) — (2) (76)
Other ........................................ — 1 — — — — (1) —
Balance at December 31, 2012 .................... 103.8 $5,175 — $ — $897 $ — $ 123 $6,195
(See Accompanying Notes)
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