Sunoco 2015 Annual Report Download - page 105

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103
Consolidating Statement of Cash Flows
Year Ended December 31, 2014
(in millions)
Parent
Guarantor Subsidiary
Issuer
Non-
Guarantor
Subsidiaries Consolidating
Adjustments Total
Net Cash Flows from Operating Activities $ 290 $ 271 $ 649 $ (644) $ 566
Cash Flows from Investing Activities:
Capital expenditures — — (2,416) — (2,416)
Acquisitions — — (433) — (433)
Change in long-term not receivable, affiliated
companies — — (17) — (17)
Intercompany (876) (2,012) 2,244 644 —
Net cash provided by (used in) investing
activities (876) (2,012) (622) 644 (2,866)
Cash Flows from Financing Activities:
Distributions paid to limited and general
partners (468) — — — (468)
Distributions paid to noncontrolling interests (4) — — — (4)
Contributions from general partner 2 — — — 2
Net proceeds from issuance of limited partner
units 839 839
Payments of statutory withholding on net
issuance of limited partner units under LTIP — — (9) — (9)
Repayments under credit facilities — (2,845) — — (2,845)
Borrowings under credit facilities — 2,795 — — 2,795
Net proceeds from issuance of long-term debt — 1,976 — — 1,976
Repayment of senior notes — (175) — — (175)
Advances to affiliated companies, net 217 79 (57) — 239
Contributions attributable to acquisition from
affiliate — — 12 — 12
Net cash provided by (used in) financing
activities 586 1,830 (54) — 2,362
Net change in cash and cash equivalents — 89 (27) — 62
Cash and cash equivalents at beginning of
period — 12 27 — 39
Cash and cash equivalents at end of period $ — $ 101 $ — $ — $ 101