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2
PART I
As used in this document, unless the context otherwise indicates, the terms "we," "us," and "our" means Sunoco Logistics
Partners L.P. ("SXL" or the "Partnership"), one or more of our operating subsidiaries, or all of them as a whole.
ITEM 1. BUSINESS
(a) General Development of Business
We are a publicly traded Delaware limited partnership that owns and operates a logistics business, consisting of a
geographically diverse portfolio of complementary pipeline, terminalling, and acquisition and marketing assets which are used
to facilitate the purchase and sale of crude oil, natural gas liquids ("NGLs") and refined products. Sunoco Partners LLC, a
Pennsylvania limited liability company and the general partner of Sunoco Logistics Partners, is a consolidated subsidiary of
Energy Transfer Partners, L.P., a publicly traded Delaware limited partnership ("ETP"). The principal executive offices of
Sunoco Partners LLC, our general partner, are located at 3807 West Chester Pike, Newtown Square, PA 19073 (telephone
(866) 248-4344). Our website address is www.sunocologistics.com.
During the fourth quarter 2015, we realigned our reporting segments as a result of the continued investment in our
organic growth capital program which has served to increase the integration that exists between our assets that service each
commodity. This has also resulted in a shift in Management’s strategic decision making process, resource allocation
methodology, and assessment of our financial results. The updated reporting segments are: Crude Oil, Natural Gas Liquids and
Refined Products. The new segmentation will provide our investors with a more meaningful view of our business that is
consistent with that of Management. For the purpose of comparability, all prior year segment disclosures have been recast to
conform to the current year presentation. Such recasts have no impact on previously reported consolidated earnings.
(b) Financial Information about Segments
See Part II, Item 8. "Financial Statements and Supplementary Data."
(c) Narrative Description of Business
We are a Delaware limited partnership which is principally engaged in the transport, terminalling and storage of crude oil,
NGLs and refined products. In addition to logistics services, we also own acquisition and marketing assets which are used to
facilitate the purchase and sale of crude oil, NGLs and refined products. Our portfolio of geographically diverse assets earns
revenues in 35 states located throughout the United States. Our reporting segments are as follows:
• The Crude Oil segment provides transportation, terminalling and acquisition and marketing services to crude oil
markets throughout the southwest, midwest and northeastern United States. Included within the segment is
approximately 5,900 miles of crude oil trunk and gathering pipelines in the southwest and midwest United States and
equity ownership interests in three crude oil pipelines. Our crude oil terminalling services operate with an aggregate
storage capacity of approximately 28 million barrels, including approximately 24 million barrels at our Gulf Coast
terminal in Nederland, Texas and approximately 3 million barrels at our Fort Mifflin terminal complex in
Pennsylvania. Our crude oil acquisition and marketing activities utilize our pipeline and terminal assets, our
proprietary fleet crude oil tractor trailers and truck unloading facilities, as well as third-party assets, to service crude
oil markets principally in the mid-continent United States.
• The Natural Gas Liquids segment transports, stores, and executes acquisition and marketing activities utilizing a
complementary network of pipelines, storage and blending facilities, and strategic off-take locations that provide
access to multiple NGLs markets. The segment contains approximately 900 miles of NGLs pipelines, primarily related
to our Mariner systems located in the northeast and southwest United States. Terminalling services are facilitated by
approximately 5 million barrels of NGLs storage capacity, including approximately 1 million barrels of storage at our
Nederland, Texas terminal facility and 3 million barrels at our Marcus Hook, Pennsylvania terminal facility (the
"Marcus Hook Industrial Complex"). This segment also carries out our NGLs blending activities, including utilizing
our patented butane blending technology.