Sunoco 2015 Annual Report Download - page 65
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Please find page 65 of the 2015 Sunoco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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63
Treasury Services Agreement
In prior years, we participated in a treasury services agreement for centralized cash management with Sunoco, in which all
of the cash receipts and cash disbursements were processed, together with those of Sunoco and its subsidiaries, through Sunoco's
cash accounts with a corresponding credit or charge to an affiliated account. In the fourth quarter 2013, we established separate
cash accounts to process our own cash receipts and disbursements. Upon completion of the transition for our customers and
vendors in the third quarter 2014, we ceased participation in Sunoco's cash management program.