Sunoco 2015 Annual Report Download - page 50

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48
Results of Operations
Year Ended December 31,
2015 2014 2013
(in millions, except per unit data)
Statements of Income
Sales and other operating revenue:
Unaffiliated customers $ 9,971 $ 17,018 $ 15,073
Affiliates 515 1,070 1,566
Total revenues 10,486 18,088 16,639
Cost of products sold (1) 9,145 16,877 15,600
Operating expenses (1) 164 172 122
Selling, general and administrative expenses 103 118 92
Depreciation and amortization expense 382 296 265
Impairment charge and other matters 162 258
Total costs and expenses 9,956 17,721 16,079
Operating income 530 367 560
Net interest expense (134) (67) (77)
Other income 22 25 21
Income before provision for income taxes 418 325 504
Provision for income taxes (21) (25) (30)
Net Income 397 300 474
Net income attributable to noncontrolling interests (3) (9) (11)
Net income attributable to redeemable noncontrolling
interests (1) —
Net Income Attributable to Sunoco Logistics Partners L.P. $ 393 $ 291 $ 463
Net Income Attributable to Sunoco Logistics Partners L.P.
per Limited Partner unit:
Basic $ 0.42 $ 0.52 $ 1.63
Diluted $ 0.42 $ 0.51 $ 1.63
(1) In connection with the change in our reportable segments in the fourth quarter 2015, we adjusted the elimination of certain
intercompany transactions to conform to the new segment presentation. These changes did not impact our total expenses or net
income. Prior period amounts have been recast to conform to current presentation.