10-K Filing

Sunoco LP CIK: 1552275 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001552275-17-000012`
Period End Date	20161231
Filing Date	20170224
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	sun-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 98 Cash Flow Statement 39 Stockholders Equity 15

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.00M	USD	Point-in-time
Advances to affiliates	`AdvancetoAffiliatesCurrent`	$366.00M	USD	Point-in-time
Advances to affiliates	`AdvancetoAffiliatesCurrent`	-	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$308.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$539.00M	USD	Point-in-time
Receivables from affiliates	`DueFromAffiliateCurrent`	$8.00M	USD	Point-in-time
Receivables from affiliates	`DueFromAffiliateCurrent`	$3.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$467.00M	USD	Point-in-time
Inventories, net	`InventoryNet`	$573.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$155.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$46.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.39B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.15B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.37B	USD	Point-in-time
Goodwill	`Goodwill`	$3.11B	USD	Point-in-time
Goodwill	`Goodwill`	$2.62B	USD	Point-in-time
Goodwill	`Goodwill`	$3.14B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.25B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.26B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$48.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$66.00M	USD	Point-in-time
Total assets	`Assets`	$8.84B	USD	Point-in-time
Total assets	`Assets`	$8.70B	USD	Point-in-time
Total assets	`Assets`	$8.77B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$616.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$434.00M	USD	Point-in-time
Accounts payable to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$15.00M	USD	Point-in-time
Accounts payable to affiliates	`DueToAffiliateCurrentAndNoncurrent`	$109.00M	USD	Point-in-time
Advances from affiliates	`AdvancesFromAffiliatesCurrent`	-	USD	Point-in-time
Advances from affiliates	`AdvancesFromAffiliatesCurrent`	$87.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$372.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$308.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$5.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$5.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$762.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.19B	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$450.00M	USD	Point-in-time
Revolving line of credit	`LongTermLineOfCredit`	$1.00B	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$3.51B	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$1.50B	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$694.00M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilities`	$643.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$164.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$170.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.50B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.58B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Limited partners:	`PartnersCapital`	$2.20B	USD	Point-in-time
Limited partners:	`PartnersCapital`	$3.04B	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$5.26B	USD	Point-in-time
Total equity	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.84B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.70B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Retail motor fuel	`SalesRevenueFromRetailFuelSalesToThirdParties`	$2.38B	USD	1 Quarter
Retail motor fuel	`SalesRevenueFromRetailFuelSalesToThirdParties`	$5.26B	USD	Annual
Retail motor fuel	`SalesRevenueFromRetailFuelSalesToThirdParties`	$5.89B	USD	Annual
Wholesale motor fuel sales to third parties	`SalesRevenueFromWholesaleFuelSalesToThirdParties`	$7.81B	USD	Annual
Wholesale motor fuel sales to third parties	`SalesRevenueFromWholesaleFuelSalesToThirdParties`	$4.24B	USD	1 Quarter
Wholesale motor fuel sales to third parties	`SalesRevenueFromWholesaleFuelSalesToThirdParties`	$10.10B	USD	Annual
Wholesale motor fuel sales to affiliates	`SalesRevenueFromWholesaleFuelSalesToAffiliates`	$20.00M	USD	Annual
Wholesale motor fuel sales to affiliates	`SalesRevenueFromWholesaleFuelSalesToAffiliates`	-	USD	1 Quarter
Wholesale motor fuel sales to affiliates	`SalesRevenueFromWholesaleFuelSalesToAffiliates`	$62.00M	USD	Annual
Merchandise	`SalesRevenueGoodsNet`	$561.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$605.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$524.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$483.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$589.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$577.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$566.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$2.18B	USD	Annual
Merchandise	`SalesRevenueGoodsNet`	$2.27B	USD	Annual
Merchandise	`SalesRevenueGoodsNet`	$651.00M	USD	1 Quarter
Merchandise	`SalesRevenueGoodsNet`	$545.00M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$25.00M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$81.00M	USD	Annual
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$90.00M	USD	Annual
Other	`OtherOperatingIncome`	$186.00M	USD	Annual
Other	`OtherOperatingIncome`	$201.00M	USD	Annual
Other	`OtherOperatingIncome`	$55.00M	USD	1 Quarter
Total revenues	`Revenues`	$5.13B	USD	1 Quarter
Total revenues	`Revenues`	$15.70B	USD	Annual
Total revenues	`Revenues`	$4.14B	USD	1 Quarter
Total revenues	`Revenues`	$4.31B	USD	1 Quarter
Total revenues	`Revenues`	$4.91B	USD	1 Quarter
Total revenues	`Revenues`	$4.08B	USD	1 Quarter
Total revenues	`Revenues`	$4.35B	USD	1 Quarter
Total revenues	`Revenues`	$18.46B	USD	Annual
Total revenues	`Revenues`	$7.34B	USD	1 Quarter
Total revenues	`Revenues`	$4.05B	USD	1 Quarter
Total revenues	`Revenues`	$3.20B	USD	1 Quarter
Gross profit	`GrossProfit`	$499.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.98B	USD	Annual
Gross profit	`GrossProfit`	$545.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.22B	USD	Annual
Gross profit	`GrossProfit`	$576.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$525.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$562.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$581.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$449.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$465.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$577.00M	USD	1 Quarter
Loss (gain) on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$1.00M	USD	1 Quarter
Loss (gain) on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$-680.00M	USD	Annual
Loss (gain) on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$1.00M	USD	Annual
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$319.00M	USD	Annual
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$278.00M	USD	Annual
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$86.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.47B	USD	Annual
Total operating expenses	`OperatingExpenses`	$538.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.65B	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$51.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$92.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$104.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$38.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$124.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$65.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$124.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$334.00M	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-568.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$94.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-248.00M	USD	Annual
Interest expense, net	`InterestExpense`	$11.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$189.00M	USD	Annual
Interest expense, net	`InterestExpense`	$88.00M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$246.00M	USD	Annual
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$27.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-437.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$80.00M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-31.00M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$52.00M	USD	Annual
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$45.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$72.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$-53.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$94.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$49.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$62.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$-585.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$-406.00M	USD	Annual
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$35.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$194.00M	USD	Annual
Net income (loss) and comprehensive income (loss)	`ProfitLoss`	$16.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$87.00M	USD	Annual
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$35.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$28.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$62.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$7.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$-406.00M	USD	Annual
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$72.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$-585.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$45.00M	USD	1 Quarter
Net income (loss) and comprehensive income (loss) attributable to partners	`NetIncomeLoss`	$17.00M	USD	1 Quarter

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$45.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$72.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-53.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$94.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$49.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$62.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-585.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-406.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$35.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$194.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$16.00M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$319.00M	USD	Annual
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$278.00M	USD	Annual
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$86.00M	USD	1 Quarter
Loss (gain) on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$1.00M	USD	1 Quarter
Loss (gain) on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$-680.00M	USD	Annual
Loss (gain) on disposal of assets and impairment charge	`GainLossOnDispositionOfAssetsAndImpairmentCharges`	$1.00M	USD	Annual
Non-cash unit based compensation expense	`ShareBasedCompensation`	$5.00M	USD	1 Quarter
Non-cash unit based compensation expense	`ShareBasedCompensation`	$8.00M	USD	Annual
Non-cash unit based compensation expense	`ShareBasedCompensation`	$13.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$491.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$154.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$439.00M	USD	Annual
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$19.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$21.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$78.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$29.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$11.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$11.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$47.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$79.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$11.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$23.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$79.00M	USD	Point-in-time
Distributions to unitholders	`DistributionMadeToLimitedPartnerCashDistributionsPaid`	$70.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$119.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$119.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.00M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$5.26B	USD	Point-in-time
Beginning balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$45.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$72.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$-53.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$94.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$49.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$62.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$-585.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$-406.00M	USD	Annual
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$35.00M	USD	1 Quarter
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$194.00M	USD	Annual
Net income (loss ) and comprehensive income (loss)	`ProfitLoss`	$16.00M	USD	1 Quarter
Ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$5.26B	USD	Point-in-time
Ending balance	`PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.