Sunoco 2014 Annual Report Download - page 68

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66
SUNOCO LOGISTICS PARTNERS L.P.
CONSOLIDATED BALANCE SHEETS
(in millions)
Successor
December 31,
2014 2013
Assets
Cash and cash equivalents $ 101 $ 39
Advances to affiliated companies (Note 4) 239
Accounts receivable, affiliated companies (Note 4) 9 11
Accounts receivable, net 1,766 2,184
Inventories (Note 6) 470 600
Other current assets 3 7
Total Current Assets 2,349 3,080
Properties, plants and equipment 9,358 6,785
Less accumulated depreciation and amortization (509)(266)
Properties, plants and equipment, net (Note 7) 8,849 6,519
Investment in affiliates (Note 8) 226 125
Long-term note receivable, affiliated companies (Note 4) 17
Goodwill (Note 9) 1,358 1,346
Intangible assets, net (Note 9) 770 794
Other assets 75 33
Total Assets $ 13,644 $ 11,897
Liabilities and Equity
Accounts payable $ 1,934 $ 2,451
Accounts payable, affiliated companies (Note 4) 21 17
Accrued liabilities 304 197
Accrued taxes payable (Note 2) 52 71
Total Current Liabilities 2,311 2,736
Long-term debt (Note 10) 4,260 2,503
Other deferred credits and liabilities 71 80
Deferred income taxes (Note 2) 249 253
Total Liabilities 6,891 5,572
Commitments and contingent liabilities (Note 11)
Redeemable noncontrolling interests (Note 3) 15
Equity
Sunoco Logistics Partners L.P. equity
Limited Partners' interests (226,072,578 and 207,699,602 units outstanding
at December 31, 2014 and 2013, respectively) (1) 5,753 5,292
General Partner's interest 925 912
Total Sunoco Logistics Partners L.P. equity 6,678 6,204
Noncontrolling interests 60 121
Total Equity 6,738 6,325
Total Liabilities and Equity $ 13,644 $ 11,897
(1) Amounts reflect the second quarter 2014 two-for-one stock split.
(See Accompanying Notes)