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10-K Filing

Sunoco LP CIK: 1552275 FY 2015
Filing Information
Form Type 10-K
Accession Number 0001564590-16-013451
Period End Date 20151231
Filing Date 20160226
Fiscal Year 2015
Fiscal Period FY
XBRL Instance sun-20151231.xml
Filing Contents
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $61.78M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $125.43M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $127.40M USD Point-in-time
Advances from affiliates AdvancesFromAffiliateCurrent $396.38M USD Point-in-time
Advances from affiliates AdvancesFromAffiliateCurrent $234.51M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $257.06M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $259.99M USD Point-in-time
Receivables from affiliates DueFromAffiliateCurrent $8.07M USD Point-in-time
Receivables from affiliates DueFromAffiliateCurrent $4.94M USD Point-in-time
Inventories, net InventoryNet $416.50M USD Point-in-time
Inventories, net InventoryNet $440.29M USD Point-in-time
Other current assets OtherAssetsCurrent $60.18M USD Point-in-time
Other current assets OtherAssetsCurrent $33.29M USD Point-in-time
Total current assets AssetsCurrent $1.28B USD Point-in-time
Total current assets AssetsCurrent $1.01B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.40B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.08B USD Point-in-time
Goodwill Goodwill $1.82B USD Point-in-time
Goodwill Goodwill $1.85B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $965.90M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $893.46M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $48.40M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $35.57M USD Point-in-time
Total assets Assets $6.15B USD Point-in-time
Total assets Assets $6.25B USD Point-in-time
Accounts payable AccountsPayableCurrent $383.50M USD Point-in-time
Accounts payable AccountsPayableCurrent $401.23M USD Point-in-time
Accounts payable to affiliates DueToAffiliateCurrent $56.97M USD Point-in-time
Accounts payable to affiliates DueToAffiliateCurrent $14.99M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $291.05M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $254.30M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $5.08M USD Point-in-time
Current maturities of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $13.77M USD Point-in-time
Total current liabilities LiabilitiesCurrent $675.60M USD Point-in-time
Total current liabilities LiabilitiesCurrent $745.28M USD Point-in-time
Revolving line of credit LongTermLineOfCredit $683.38M USD Point-in-time
Revolving line of credit LongTermLineOfCredit $450.00M USD Point-in-time
Long-term debt, net OtherLongTermDebtNoncurrent $1.50B USD Point-in-time
Long-term debt, net OtherLongTermDebtNoncurrent $408.83M USD Point-in-time
Deferred tax liability DeferredTaxLiabilities $431.33M USD Point-in-time
Deferred tax liability DeferredTaxLiabilities $378.95M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $93.71M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $89.27M USD Point-in-time
Total liabilities Liabilities $3.15B USD Point-in-time
Total liabilities Liabilities $2.31B USD Point-in-time
Commitments and contingencies: CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies: CommitmentsAndContingencies - USD Point-in-time
Total partners' capital PartnersCapital $902.15M USD Point-in-time
Total partners' capital PartnersCapital $3.07B USD Point-in-time
Total equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Total equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $3.84B USD Point-in-time
Noncontrolling interest PartnersCapitalAttributableToNoncontrollingInterest $20.18M USD Point-in-time
Noncontrolling interest PartnersCapitalAttributableToNoncontrollingInterest $-5.64M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $6.25B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $6.15B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Retail motor fuel sales SalesRevenueFromRetailFuelSalesToThirdParties $1.30B USD 1 Quarter
Retail motor fuel sales SalesRevenueFromRetailFuelSalesToThirdParties $3.25B 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 $1.83B USD Annual
Wholesale motor fuel sales to affiliates SalesRevenueFromWholesaleFuelSalesToAffiliates $772.34M USD 1 Quarter
Merchandise sales SalesRevenueGoodsNet $429.89K USD 1 Quarter
Merchandise sales SalesRevenueGoodsNet $1.60B USD Annual
Merchandise sales SalesRevenueGoodsNet $400.37K USD 1 Quarter
Merchandise sales SalesRevenueGoodsNet $410.01K USD 1 Quarter
Merchandise sales SalesRevenueGoodsNet $355.40K USD 1 Quarter
Merchandise sales SalesRevenueGoodsNet $472.60M USD 1 Quarter
Rental income OperatingLeasesIncomeStatementLeaseRevenue $71.73M USD Annual
Rental income OperatingLeasesIncomeStatementLeaseRevenue $21.64M USD 1 Quarter
Other OtherOperatingIncome $24.56M USD 1 Quarter
Other OtherOperatingIncome $83.60M USD Annual
Total revenues Revenues $3.67M USD 1 Quarter
Total revenues Revenues $6.83B USD 1 Quarter
Total revenues Revenues $16.94B USD Annual
Total revenues Revenues $4.49M USD 1 Quarter
Total revenues Revenues $4.02M USD 1 Quarter
Total revenues Revenues $4.75M USD 1 Quarter
Retail motor fuel cost of sales FuelCostsOfSalesRetail $2.92B USD Annual
Retail motor fuel cost of sales FuelCostsOfSalesRetail $1.16B USD 1 Quarter
Wholesale motor fuel cost of sales FuelCostsOfSalesWholesale $11.49B USD Annual
Wholesale motor fuel cost of sales FuelCostsOfSalesWholesale $4.96B USD 1 Quarter
Merchandise cost of sales CostOfGoodsSold $320.28M USD 1 Quarter
Merchandise cost of sales CostOfGoodsSold $1.07B USD Annual
Other OtherCostOfOperatingRevenue $1.79M USD 1 Quarter
Other OtherCostOfOperatingRevenue $5.20M USD Annual
Total cost of sales CostOfRevenue $15.48B USD Annual
Total cost of sales CostOfRevenue $6.44B USD 1 Quarter
Gross profit GrossProfit $381.08M USD 1 Quarter
Gross profit GrossProfit $333.21K USD 1 Quarter
Gross profit GrossProfit $381.15K USD 1 Quarter
Gross profit GrossProfit $327.24K USD 1 Quarter
Gross profit GrossProfit $416.56K USD 1 Quarter
Gross profit GrossProfit $1.46B USD Annual
General and administrative GeneralAndAdministrativeExpense $166.69M USD Annual
General and administrative GeneralAndAdministrativeExpense $46.28M USD 1 Quarter
Other operating OtherCostAndExpenseOperating $225.91M USD 1 Quarter
Other operating OtherCostAndExpenseOperating $677.21M USD Annual
Rent LeaseAndRentalExpense $92.95M USD Annual
Rent LeaseAndRentalExpense $28.45M USD 1 Quarter
Loss (gain) on disposal of assets and impairment charge GainLossOnDispositionOfAssetsAndImpairmentCharges $394.00K USD 1 Quarter
Loss (gain) on disposal of assets and impairment charge GainLossOnDispositionOfAssetsAndImpairmentCharges $-2.05M USD Annual
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $60.34M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $201.02M USD Annual
Total operating expenses OperatingExpenses $1.14B USD Annual
Total operating expenses OperatingExpenses $360.58M USD 1 Quarter
Income from operations OperatingIncomeLoss $124.15K USD 1 Quarter
Income from operations OperatingIncomeLoss $20.51M USD 1 Quarter
Income from operations OperatingIncomeLoss $45.05K USD 1 Quarter
Income from operations OperatingIncomeLoss $64.17K USD 1 Quarter
Income from operations OperatingIncomeLoss $84.89K USD 1 Quarter
Income from operations OperatingIncomeLoss $318.25M USD Annual
Interest expense, net InterestExpense $87.58M USD Annual
Interest expense, net InterestExpense $10.94M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $230.68M USD Annual
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $9.57M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $47.07M USD Annual
Income tax expense IncomeTaxExpenseBenefit $69.68M USD 1 Quarter
Net income (loss) and comprehensive income (loss) ProfitLoss $183.60M USD Annual
Net income (loss) and comprehensive income (loss) ProfitLoss $27.40K USD 1 Quarter
Net income (loss) and comprehensive income (loss) ProfitLoss $-60.10M USD 1 Quarter
Net income (loss) and comprehensive income (loss) ProfitLoss $95.17K USD 1 Quarter
Net income (loss) and comprehensive income (loss) ProfitLoss $49.28K USD 1 Quarter
Net income (loss) and comprehensive income (loss) ProfitLoss $11.75K USD 1 Quarter
Less: Net income and comprehensive income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $53.78M USD Annual
Less: Net income and comprehensive income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $1.04M USD 1 Quarter
Less: Preacquisition income (loss) allocated to general partner NetIncomeLossAllocatedToGeneralPartners $95.38M USD 1 Quarter
Less: Preacquisition income (loss) allocated to general partner NetIncomeLossAllocatedToGeneralPartners $-42.58M USD Annual
Net income and comprehensive income attributable to partners NetIncomeLoss $27.54K USD 1 Quarter
Net income and comprehensive income attributable to partners NetIncomeLoss $17.07K USD 1 Quarter
Net income and comprehensive income attributable to partners NetIncomeLoss $7.75K USD 1 Quarter
Net income and comprehensive income attributable to partners NetIncomeLoss $34.87K USD 1 Quarter
Net income and comprehensive income attributable to partners NetIncomeLoss $34.23M USD 1 Quarter
Net income and comprehensive income attributable to partners NetIncomeLoss $87.24M USD Annual
Cash distribution per unit DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic $2.89 USD Annual
Cash distribution per unit DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic $1.15 USD 1 Quarter
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $183.60M USD Annual
Net income (loss) ProfitLoss $27.40K USD 1 Quarter
Net income (loss) ProfitLoss $-60.10M USD 1 Quarter
Net income (loss) ProfitLoss $95.17K USD 1 Quarter
Net income (loss) ProfitLoss $49.28K USD 1 Quarter
Net income (loss) ProfitLoss $11.75K USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $60.34M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $201.02M USD Annual
Amortization of deferred financing fees AmortizationOfFinancingCosts $1.99M USD 1 Quarter
Amortization of deferred financing fees AmortizationOfFinancingCosts $3.52M USD Annual
Loss (gain) on disposal of assets and impairment charge GainLossOnDispositionOfAssetsAndImpairmentCharges $394.00K USD 1 Quarter
Loss (gain) on disposal of assets and impairment charge GainLossOnDispositionOfAssetsAndImpairmentCharges $-2.05M USD Annual
Non-cash unit based compensation expense ShareBasedCompensation $1.39M USD 1 Quarter
Non-cash unit based compensation expense ShareBasedCompensation $5.70M USD Annual
Deferred income tax DeferredIncomeTaxExpenseBenefit $30.94M USD 1 Quarter
Deferred income tax DeferredIncomeTaxExpenseBenefit $24.23M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $-185.72M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.80M USD Annual
Accounts receivable from affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $8.78M USD Annual
Accounts receivable from affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $-542.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-23.36M USD Annual
Inventories IncreaseDecreaseInInventories $-112.08M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-92.64M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-26.02M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $13.16M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-318.86M USD 1 Quarter
Accounts payable to affiliates IncreaseDecreaseInDueToAffiliatesCurrent $-16.19M USD 1 Quarter
Accounts payable to affiliates IncreaseDecreaseInDueToAffiliatesCurrent $-41.98M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-35.80M USD Annual
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $24.66M USD 1 Quarter
Other noncurrent liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $-7.55M USD Annual
Other noncurrent liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $62.62M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $385.75M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $177.35M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $116.41M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $368.40M USD Annual
Purchase of intangibles PaymentsToAcquireIntangibleAssets $60.35M USD Annual
Purchase of intangibles PaymentsToAcquireIntangibleAssets $13.05M USD 1 Quarter
Other Acquisitions OtherPaymentsToAcquireBusinesses $24.63M USD Annual
Proceeds from disposal of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $12.61M USD 1 Quarter
Proceeds from disposal of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $5.32M USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-919.08M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.34B USD Annual
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $494.00K USD 1 Quarter
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $1.40B USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $242.21M USD Annual
Payments on long-term debt RepaymentsOfLongTermDebt $82.24M USD 1 Quarter
Revolver borrowings ProceedsFromLinesOfCredit $1.14B USD 1 Quarter
Revolver borrowings ProceedsFromLinesOfCredit $1.47B USD Annual
Revolver repayments RepaymentsOfLinesOfCredit $1.45B USD Annual
Revolver repayments RepaymentsOfLinesOfCredit $698.40M USD 1 Quarter
Loan origination costs PaymentsOfLoanCosts $7.59M USD 1 Quarter
Loan origination costs PaymentsOfLoanCosts $21.82M USD Annual
Advances to affiliates ProceedsFromCollectionOfAdvanceToAffiliate $3.99M USD 1 Quarter
Advances to affiliates ProceedsFromCollectionOfAdvanceToAffiliate $161.87M USD Annual
Proceeds from issuance of common units, net of offering costs ProceedsFromIssuanceOfCommonLimitedPartnersUnits $899.43M USD Annual
Proceeds from issuance of common units, net of offering costs ProceedsFromIssuanceOfCommonLimitedPartnersUnits $405.10M USD 1 Quarter
Distributions to parent PaymentsOfDistributionsToAffiliates $204.18M USD Annual
Distributions to parent PaymentsOfDistributionsToAffiliates $8.44M USD 1 Quarter
Other cash from financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-1.19M USD Annual
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $11.03M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $10.29M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $9.91M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $21.02M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $120.43M USD Annual
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $9.57M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $624.00K USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $10.36M USD 1 Quarter
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $47.19M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $11.41M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $9.57M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $28.66M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $10.65M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $18.54M USD Point-in-time
Distributions to unitholders DistributionMadeToLimitedPartnerCashDistributionsPaid $23.11M USD Point-in-time
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $739.75M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.89B USD Annual
Net increase (decrease) in cash CashAndCashEquivalentsPeriodIncreaseDecrease $-1.97M USD 1 Quarter
Net increase (decrease) in cash CashAndCashEquivalentsPeriodIncreaseDecrease $-63.64M USD Annual
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $61.78M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $125.43M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $127.40M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $61.78M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $125.43M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $127.40M USD Point-in-time
"Push down" accounting from ETP merger BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet $624.22M USD Point-in-time
Cancellation of promissory note with ETP CancellationOfPromissoryNoteWithParent $255.00M USD Annual
Increase in partners' equity related to ETP Merger PartnersCapitalAccountAcquisitions $622.17M USD 1 Quarter
Interest paid InterestPaidNet $59.92M USD Annual
Interest paid InterestPaidNet $7.65M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $1.60M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $50.73M USD Annual
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Beginning balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Beginning balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $3.84B USD Point-in-time
Contribution PartnersCapitalAdjustmentForNoncashContributionsFromParent $584.83M USD 1 Quarter
Contribution of assets between entities under common control above historic cost ContributionOfAssetsBetweenEntitiesUnderCommonControlAboveHistoricCostNet $-1.01B USD Annual
Cancellation of promissory note with ETP CancellationOfPromissoryNoteWithParent $255.00M USD Annual
Cash distributions to unitholders LimitedPartnersCapitalAccountDistributionAmount $120.43M USD Annual
Cash distributions to unitholders LimitedPartnersCapitalAccountDistributionAmount $18.80M USD 1 Quarter
Public equity offering, net PartnersCapitalAccountPublicSaleOfUnitsNetOfOfferingCosts $405.10M USD 1 Quarter
Public equity offering, net PartnersCapitalAccountPublicSaleOfUnitsNetOfOfferingCosts $899.43M USD Annual
Unit-based compensation PartnersCapitalAccountUnitBasedCompensation $1.39M USD 1 Quarter
Unit-based compensation PartnersCapitalAccountUnitBasedCompensation $6.59M USD Annual
Other PartnersCapitalOther $-26.90M USD Annual
Net income ProfitLoss $183.60M USD Annual
Net income ProfitLoss $27.40K USD 1 Quarter
Net income ProfitLoss $-60.10M USD 1 Quarter
Net income ProfitLoss $95.17K USD 1 Quarter
Net income ProfitLoss $49.28K USD 1 Quarter
Net income ProfitLoss $11.75K USD 1 Quarter
Ending balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $3.09B USD Point-in-time
Ending balance PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $3.84B USD Point-in-time
Allocation of ETP merger "push down" PartnersCapitalAccountAcquisitions $622.17M USD 1 Quarter
Elimination of intercompany investments EliminationOfIntercompanyInvestments $-20.75M USD 1 Quarter

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

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