Sunoco 2015 Annual Report Download - page 71

Download and view the complete annual report

Please find page 71 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.

Page out of 173

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173

69
SUNOCO LOGISTICS PARTNERS L.P.
CONSOLIDATED BALANCE SHEETS
(in millions)
December 31,
2015 2014
Assets
Cash and cash equivalents $ 37 $ 101
Accounts receivable, affiliated companies (Note 4) 20 9
Accounts receivable, net 1,165 1,766
Inventories (Note 6) 607 470
Other current assets 19 3
Total Current Assets 1,848 2,349
Properties, plants and equipment 11,527 9,358
Less accumulated depreciation and amortization (835) (509)
Properties, plants and equipment, net (Note 7) 10,692 8,849
Investment in affiliates (Note 8) 802 226
Goodwill (Note 9) 1,358 1,358
Intangible assets, net (Note 9) 718 770
Other assets 71 66
Total Assets $ 15,489 $ 13,618
Liabilities and Equity
Accounts payable $ 1,251 $ 1,934
Accounts payable, affiliated companies (Note 4) 39 21
Accrued liabilities 329 304
Accrued taxes payable (Note 2) 44 52
Total Current Liabilities 1,663 2,311
Long-term debt (Note 10) 5,591 4,234
Other deferred credits and liabilities 125 71
Deferred income taxes (Note 2) 254 249
Total Liabilities 7,633 6,865
Commitments and contingent liabilities (Note 11)
Redeemable noncontrolling interests (Note 3) 15 15
Redeemable Limited Partners' interests (9,416,196 Class B units outstanding at
December 31, 2015) (Note 12) 286 —
Equity
Sunoco Logistics Partners L.P. equity
Limited Partners' interests (268,849,818 and 226,072,578 units outstanding at
December 31, 2015 and 2014, respectively) 6,577 5,753
General Partner's interest 944 925
Total Sunoco Logistics Partners L.P. equity 7,521 6,678
Noncontrolling interests 34 60
Total Equity 7,555 6,738
Total Liabilities and Equity $ 15,489 $ 13,618
(See Accompanying Notes)