Sunoco 2015 Annual Report Download - page 104

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102
Consolidating Statement of Cash Flows
Year Ended December 31, 2015
(in millions)
Parent
Guarantor Subsidiary
Issuer
Non-
Guarantor
Subsidiaries Consolidating
Adjustments Total
Net Cash Flows from Operating Activities $ 393 $ 388 $ 736 $ (919) $ 598
Cash Flows from Investing Activities:
Capital expenditures — — (2,706) — (2,706)
Acquisitions — (131) — (131)
Change in long-term note receivable — — (17) — (17)
Intercompany (1,223) (1,814) 2,118 919 —
Net cash provided by (used in) investing
activities (1,223) (1,814) (736) 919 (2,854)
Cash Flows from Financing Activities:
Distributions paid to limited and general
partners (686) — — — (686)
Distributions paid to noncontrolling interests (3) — — — (3)
Net proceeds from issuance of limited partner
units 1,519 — — — 1,519
Payments of statutory withholding on net
issuance of limited partner units under LTIP — — (11) — (11)
Repayments under credit facilities — (3,662) — — (3,662)
Borrowings under credit facilities — 4,039 — — 4,039
Net proceeds from issuance of long-term debt — 991 — — 991
Contributions attributable to acquisition from
affiliate — — 11 — 11
Other — (6) — — (6)
Net cash provided by financing activities 830 1,362 — — 2,192
Net change in cash and cash equivalents — (64) — — (64)
Cash and cash equivalents at beginning of
period — 101 — — 101
Cash and cash equivalents at end of period $ — $ 37 $ — $ — $ 37