Sunoco 2015 Annual Report Download - page 97

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95
19. Quarterly Financial Data (Unaudited)
Summarized quarterly financial data is as follows:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
(in millions, except per unit amounts)
2015
Sales and other operating revenue:
Unaffiliated customers $ 2,453 $ 2,996 $ 2,317 $ 2,205
Affiliates $ 119 $ 206 $ 90 $ 100
Gross profit (1) $ 214 $ 326 $ 325 $ 312
Impairment charge and other matters $ 41 $ (100) $ 103 $ 118
Operating income $ 66 $ 307 $ 94 $ 63
Net Income $ 37 $ 277 $ 57 $ 26
Net income attributable to noncontrolling interests 1 — 1 1
Net income attributable to redeemable noncontrolling
interests 1 — —
Net Income Attributable to Sunoco Logistics Partners L.P. $ 36 $ 276 $ 56 $ 25
Less: General Partner's interest (60) (71) (74) (83)
Limited Partners' interest $ (24) $ 205 $ (18) $ (58)
Net Income (Loss) attributable to Sunoco Logistics
Partners L.P. per Limited Partner unit—basic $ (0.10) $ 0.83 $ (0.07) $ (0.21)
Net Income (Loss) attributable to Sunoco Logistics
Partners L.P. per Limited Partner unit—diluted $ (0.10) $ 0.83 $ (0.07) $ (0.21)
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
(in millions, except per unit amounts)
2014
Sales and other operating revenue:
Unaffiliated customers $ 4,171 $ 4,412 $ 4,616 $ 3,819
Affiliates $ 306 $ 409 $ 299 $ 56
Gross profit (1) $ 226 $ 276 $ 279 $ 258
Impairment charge and other matters $ — $ — $ — $ 258
Operating income (loss) $ 127 $ 180 $ 172 $ (112)
Net Income (Loss) $ 110 $ 158 $ 157 $ (125)
Net income attributable to noncontrolling interests 3222
Net Income (Loss) Attributable to Sunoco Logistics
Partners L.P. $ 107 $ 156 $ 155 $ (127)
Less: General Partner's interest (38) (44) (49) (50)
Limited Partners' interest $ 69 $ 112 $ 106 $ (177)
Net Income (Loss) attributable to Sunoco Logistics
Partners L.P. per Limited Partner unit—basic $ 0.33 $ 0.54 $ 0.50 $ (0.80)
Net Income (Loss) attributable to Sunoco Logistics
Partners L.P. per Limited Partner unit—diluted $ 0.33 $ 0.53 $ 0.50 $ (0.80)
(1) Gross profit equals sales and other operating revenue less cost of products sold and operating expenses.