Sunoco 2015 Annual Report Download - page 86

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84
Weighted Average
Amortization Period
December 31,
2015 2014
(in years) (in millions)
Gross
Customer relationships 18 $ 836 $ 836
Technology 10 47 47
Total gross 883 883
Accumulated amortization
Customer relationships (149)(102)
Technology (16)(11)
Total accumulated amortization (165)(113)
Total Net $ 718 $ 770
The Partnership forecasts $51 million of annual amortization expense for each year through the year 2020 for its
intangible assets.
Intangible assets attributable to rights-of-way are included in properties, plants and equipment in the Partnership's
consolidated balance sheets at December 31, 2015 and 2014 (Note 7).
10. Debt
The components of the Partnership's long-term debt balances are as follows:
December 31,
2015 2014
(in millions)
Credit Facilities
$2.50 billion Credit Facility, due March 2020 $ 562 $ 150
$35 million Credit Facility, matured and repaid April 2015 — 35
Senior Notes
Senior Notes - 6.125%, due May 2016 (1) 175 175
Senior Notes - 5.50%, due February 2020 250 250
Senior Notes - 4.40%, due April 2021 600 —
Senior Notes - 4.65%, due February 2022 300 300
Senior Notes - 3.45%, due January 2023 350 350
Senior Notes - 4.25%, due April 2024 500 500
Senior Notes - 5.95%, due December 2025 400 —
Senior Notes - 6.85%, due February 2040 250 250
Senior Notes - 6.10%, due February 2042 300 300
Senior Notes - 4.95%, due January 2043 350 350
Senior Notes - 5.30%, due April 2044 700 700
Senior Notes - 5.35%, due May 2045 800 800
Unamortized fair value adjustments (2) 93 106
Total debt 5,630 4,266
Less:
Unamortized bond discount and debt issuance costs (3) (39)(32)
Long-term debt $ 5,591 $ 4,234
(1) The 6.125 percent Senior Notes were classified as long-term debt at December 31, 2015 as the Partnership has the ability and intent
to refinance such borrowings on a long-term basis.