Sunoco 2013 Annual Report Download - page 98

96
Consolidating Statement of Comprehensive Income (Loss)
Year Ended December 31, 2011 (Predecessor)
(in millions)
Parent
Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Consolidating Adjustments Total
Revenues
Sales and other operating revenue:
Unaffiliated customers $ — $ — $ 10,473 $ — $ 10,473
Affiliates — — 432 — 432
Total Revenues — — 10,905 — 10,905
Costs and Expenses
Cost of products sold — — 10,153 — 10,153
Operating expenses — — 111 — 111
Selling, general and administrative
expenses — — 90 — 90
Depreciation and amortization expense — — 86 — 86
Impairment charge — — 42 — 42
Total Costs and Expenses — — 10,482 — 10,482
Operating Income — — 423 — 423
Net interest income (cost) to affiliates — — (3) — (3)
Other interest cost and debt expense, net — (93) — — (93)
Capitalized interest — 7 — — 7
Other income — — 13 — 13
Equity in earnings of subsidiaries 313 399 — (712) —
Income (Loss) Before Provision for
Income Taxes 313 313 433 (712) 347
Provision for income taxes — — (25) — (25)
Net Income (Loss) 313 313 408 (712) 322
Net Income attributable to
noncontrolling interests — — (9) — (9)
Net Income (Loss) Attributable to
Sunoco Logistics Partners L.P. $ 313 $ 313 $ 399 $ (712) $ 313
Net Income (Loss) $ 313 $ 313 $ 408 $ (712) $ 322
Gain on cash flow hedges — — 4 — 4
Other Comprehensive Income (Loss) — — 4 — 4
Comprehensive Income (Loss) 313 313 412 (712) 326
Less: Comprehensive income
attributable to noncontrolling interests — — (9) — (9)
Comprehensive Income (Loss)
Attributable to Sunoco Logistics
Partners L.P. $ 313 $ 313 $ 403 $ (712) $ 317