Sunoco 2014 Annual Report Download - page 95

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93
(1) Sales and other operating revenue for the periods presented includes the following amounts from ETP and its affiliates:
Successor Predecessor
Year Ended December 31, Period from
Acquisition,
October 5, 2012 to
December 31, 2012
Period from
January 1, 2012 to
October 4, 2012
2014 2013
(in millions) (in millions)
Crude Oil Pipelines $ — $ — $ — $ —
Crude Oil Acquisition and Marketing 842 1,394 139 307
Terminal Facilities 202 139 50 118
Products Pipelines 26 33 11 36
Total sales and other operating revenue $ 1,070 $ 1,566 $ 200 $ 461
(2) In the first quarter 2012, the Partnership recognized a non-cash impairment charge related to a cancelled software project for the
crude oil acquisition and marketing business and a refined products pipeline project in Texas.
(3) In the second quarter 2012, the Partnership recognized a $10 million gain on the reversal of certain regulatory obligations.
(4) During the fourth quarter 2014, the Partnership recognized a non-cash write down on the cost basis of crude oil, refined products
and NGLs inventory of $258 million.
(5) Total capital expenditures in 2014 exclude $448 million for acquisitions and investments in joint ventures. Total capital
expenditures in 2013 exclude $60 million for the acquisition of the Marcus Hook Industrial Complex.
(6) Net income includes $25, $21, $5 and $15 million for the years ended December 31, 2014 and 2013; and for the periods from
October 5, 2012 to December 31, 2012 and from January 1, 2012 to October 4, 2012, respectively, of equity income attributable to
the Products Pipelines equity ownership interest in joint ventures.
The following table provides consolidated balance sheet information concerning the Partnership's business segments as of
December 31, 2014, 2013 and 2012, respectively:
Crude Oil
Pipelines
Crude Oil
Acquisition and
Marketing Terminal
Facilities Products
Pipelines Total
(in millions)
Successor
As of December 31, 2014
Investment in affiliates $ 36 $ 17 $ — $ 173 $ 226
Goodwill $ 200 $ 557 $ 601 $ — $ 1,358
Identifiable assets (1) $ 3,765 $ 3,329 $ 3,534 $ 2,763 $ 13,644
As of December 31, 2013
Investment in affiliates $ 3 $ — $ — $ 122 $ 125
Goodwill $ 200 $ 545 $ 601 $ — $ 1,346
Identifiable assets (2) $ 3,321 $ 3,863 $ 2,701 $ 1,684 $ 11,897
As of December 31, 2012
Investment in affiliates $ — $ — $ — $ 118 $ 118
Goodwill $ 200 $ 545 $ 623 $ — $ 1,368
Identifiable assets (3) $ 3,167 $ 3,495 $ 2,402 $ 1,198 $ 10,361
(1) Total identifiable assets include the Partnership's unallocated $94 million cash and cash equivalents, $124 million to properties,
plants and equipment, net, and $35 million of other assets.
(2) Total identifiable assets include the Partnership's unallocated $12 million cash and cash equivalents, $239 million advances to
affiliates, $66 million to properties, plants and equipment, net and $11 million of other assets.
(3) Total identifiable assets include the Partnership's unallocated $2 million cash and cash equivalents, $56 million advances to
affiliates, $40 million to properties, plants and equipment, net and $1 million of other assets.