10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-16-018038 |
| Period End Date | 20160331 |
| Filing Date | 20160505 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | sun-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Limited Partners' Capital Account, Units Outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
95.34M | shares | Point-in-time |
| Limited Partners' Capital Account, Units Outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
87.37M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$76.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$136.58M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$72.63M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$112.98M | USD | Point-in-time |
| Advances to affiliates |
AdvancesToAffiliate
|
$386.33M | USD | Point-in-time |
| Advances to affiliates |
AdvancesToAffiliate
|
$365.54M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$317.57M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$308.29M | USD | Point-in-time |
| Receivables from affiliates |
DueFromAffiliateCurrent
|
$1.56M | USD | Point-in-time |
| Receivables from affiliates |
DueFromAffiliateCurrent
|
$8.07M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$344.46M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$467.29M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$70.81M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$46.08M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.27B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.20B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$3.16B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$3.15B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.11B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.29B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.11B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.27B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.26B | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$48.40M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$62.69M | USD | Point-in-time |
| Total assets |
Assets
|
$8.84B | USD | Point-in-time |
| Total assets |
Assets
|
$8.84B | USD | Point-in-time |
| Total assets |
Assets
|
$8.80B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$393.78M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$433.99M | USD | Point-in-time |
| Accounts payable to affiliates |
DueToAffiliateCurrent
|
$14.99M | USD | Point-in-time |
| Accounts payable to affiliates |
DueToAffiliateCurrent
|
$11.03M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$261.62M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$307.94M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$4.82M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$5.08M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$671.25M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$762.00M | USD | Point-in-time |
| Revolving line of credit |
LongTermLineOfCredit
|
$675.00M | 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
|
$3.52B | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilities
|
$694.38M | USD | Point-in-time |
| Deferred tax liability |
DeferredTaxLiabilities
|
$684.08M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$170.81M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$170.17M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$5.72B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.58B | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total partners' capital |
PartnersCapital
|
$3.07B | USD | Point-in-time |
| Total partners' capital |
PartnersCapital
|
$3.08B | USD | Point-in-time |
| Total equity |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$3.08B | USD | Point-in-time |
| Total equity |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$5.26B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$8.80B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$8.84B | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Retail motor fuel sales |
SalesRevenueFromRetailFuelSalesToThirdParties
|
$1.37B | USD | 1 Quarter |
| Retail motor fuel sales |
SalesRevenueFromRetailFuelSalesToThirdParties
|
$1.12B | USD | 1 Quarter |
| Wholesale motor fuel sales to third parties |
SalesRevenueFromWholesaleFuelSalesToThirdParties
|
$1.50B | USD | 1 Quarter |
| Wholesale motor fuel sales to third parties |
SalesRevenueFromWholesaleFuelSalesToThirdParties
|
$2.44B | USD | 1 Quarter |
| Wholesale motor fuel sales to affiliates |
SalesRevenueFromWholesaleFuelSalesToAffiliates
|
$7.13M | USD | 1 Quarter |
| Wholesale motor fuel sales to affiliates |
SalesRevenueFromWholesaleFuelSalesToAffiliates
|
$644.00K | USD | 1 Quarter |
| Merchandise sales |
SalesRevenueGoodsNet
|
$483.12M | USD | 1 Quarter |
| Merchandise sales |
SalesRevenueGoodsNet
|
$524.09M | USD | 1 Quarter |
| Rental income |
OperatingLeasesIncomeStatementLeaseRevenue
|
$22.12M | USD | 1 Quarter |
| Rental income |
OperatingLeasesIncomeStatementLeaseRevenue
|
$19.78M | USD | 1 Quarter |
| Other |
OtherOperatingIncome
|
$34.68M | USD | 1 Quarter |
| Other |
OtherOperatingIncome
|
$37.38M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$3.20B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$4.34B | USD | 1 Quarter |
| Retail motor fuel cost of sales |
FuelCostsOfSalesRetail
|
$1.26B | USD | 1 Quarter |
| Retail motor fuel cost of sales |
FuelCostsOfSalesRetail
|
$984.44M | USD | 1 Quarter |
| Wholesale motor fuel cost of sales |
FuelCostsOfSalesWholesale
|
$1.35B | USD | 1 Quarter |
| Wholesale motor fuel cost of sales |
FuelCostsOfSalesWholesale
|
$2.31B | USD | 1 Quarter |
| Merchandise cost of sales |
CostOfGoodsSold
|
$334.92M | USD | 1 Quarter |
| Merchandise cost of sales |
CostOfGoodsSold
|
$357.71M | USD | 1 Quarter |
| Other |
OtherCostOfOperatingRevenue
|
$9.57M | USD | 1 Quarter |
| Other |
OtherCostOfOperatingRevenue
|
$1.66M | USD | 1 Quarter |
| Total cost of sales |
CostOfRevenue
|
$3.90B | USD | 1 Quarter |
| Total cost of sales |
CostOfRevenue
|
$2.70B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$498.74M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$441.09M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$45.19M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$44.93M | USD | 1 Quarter |
| Other operating |
OtherCostAndExpenseOperating
|
$249.00M | USD | 1 Quarter |
| Other operating |
OtherCostAndExpenseOperating
|
$230.77M | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
$33.33M | USD | 1 Quarter |
| Rent |
LeaseAndRentalExpense
|
$33.46M | USD | 1 Quarter |
| Loss (gain) on disposal of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-1.21M | USD | 1 Quarter |
| Loss (gain) on disposal of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$31.00K | USD | 1 Quarter |
| Depreciation, amortization and accretion |
DepreciationAmortizationAndAccretionNet
|
$66.74M | USD | 1 Quarter |
| Depreciation, amortization and accretion |
DepreciationAmortizationAndAccretionNet
|
$78.07M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$406.93M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$375.75M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$65.35M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$91.81M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$27.69M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$7.98M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$57.37M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$64.12M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$2.11M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$8.06M | USD | 1 Quarter |
| Net income (loss) and comprehensive income (loss) |
ProfitLoss
|
$62.01M | USD | 1 Quarter |
| Net income (loss) and comprehensive income (loss) |
ProfitLoss
|
$49.31M | USD | 1 Quarter |
| Less: Net income and comprehensive income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$846.00K | USD | 1 Quarter |
| Less: Preacquisition income allocated to general partner |
NetIncomeLossAllocatedToGeneralPartners
|
$31.39M | USD | 1 Quarter |
| Net income and comprehensive income attributable to partners |
NetIncomeLoss
|
$17.07M | USD | 1 Quarter |
| Net income and comprehensive income attributable to partners |
NetIncomeLoss
|
$62.01M | USD | 1 Quarter |
| Cash distribution per common unit |
DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic
|
$0.82 | USD | 1 Quarter |
| Cash distribution per common unit |
DistributionsPerLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasic
|
$0.65 | USD | 1 Quarter |
Cash Flow Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$62.01M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$49.31M | USD | 1 Quarter |
| Depreciation, amortization and accretion |
DepreciationAmortizationAndAccretionNet
|
$66.74M | USD | 1 Quarter |
| Depreciation, amortization and accretion |
DepreciationAmortizationAndAccretionNet
|
$78.07M | USD | 1 Quarter |
| Amortization of deferred financing fees |
AmortizationOfFinancingCosts
|
$381.00K | USD | 1 Quarter |
| Amortization of deferred financing fees |
AmortizationOfFinancingCosts
|
$1.24M | USD | 1 Quarter |
| Loss (gain) on disposal of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-1.21M | USD | 1 Quarter |
| Loss (gain) on disposal of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$31.00K | USD | 1 Quarter |
| Non-cash unit based compensation |
ShareBasedCompensation
|
$1.36M | USD | 1 Quarter |
| Non-cash unit based compensation |
ShareBasedCompensation
|
$3.18M | USD | 1 Quarter |
| Deferred income tax |
DeferredIncomeTaxExpenseBenefit
|
$-10.14M | USD | 1 Quarter |
| Deferred income tax |
DeferredIncomeTaxExpenseBenefit
|
$696.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-21.43M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$9.44M | USD | 1 Quarter |
| Accounts receivable from affiliates |
IncreaseDecreaseInDueFromAffiliatesCurrent
|
$6.04M | USD | 1 Quarter |
| Accounts receivable from affiliates |
IncreaseDecreaseInDueFromAffiliatesCurrent
|
$-553.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-66.85M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-122.83M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$39.02M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.55M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-24.01M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$69.65M | USD | 1 Quarter |
| Accounts payable to affiliates |
IncreaseDecreaseInDueToAffiliatesCurrent
|
$-4.48M | USD | 1 Quarter |
| Accounts payable to affiliates |
IncreaseDecreaseInDueToAffiliatesCurrent
|
$-46.66M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-183.88M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-46.82M | USD | 1 Quarter |
| Other noncurrent liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-10.86M | USD | 1 Quarter |
| Other noncurrent liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$27.15M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$25.40M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$162.34M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$101.03M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$96.22M | USD | 1 Quarter |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$27.20M | USD | 1 Quarter |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$14.37M | USD | 1 Quarter |
| Proceeds from disposal of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$11.04M | USD | 1 Quarter |
| Proceeds from disposal of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.19M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.31B | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-117.19M | USD | 1 Quarter |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.04B | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$1.44M | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$1.98M | USD | 1 Quarter |
| Revolver, borrowings |
ProceedsFromLinesOfCredit
|
$153.62M | USD | 1 Quarter |
| Revolver, borrowings |
ProceedsFromLinesOfCredit
|
$672.19M | USD | 1 Quarter |
| Revolver, repayments |
RepaymentsOfLinesOfCredit
|
$447.19M | USD | 1 Quarter |
| Revolver, repayments |
RepaymentsOfLinesOfCredit
|
$152.22M | USD | 1 Quarter |
| Loan origination costs |
PaymentsOfLoanCosts
|
$19.10M | USD | 1 Quarter |
| Advances to affiliates |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$-20.79M | USD | 1 Quarter |
| Advances to affiliates |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$264.19M | USD | 1 Quarter |
| Distributions to ETP |
PaymentsOfDistributionsToAffiliates
|
$50.00M | USD | 1 Quarter |
| Distributions to ETP |
PaymentsOfDistributionsToAffiliates
|
$179.18M | USD | 1 Quarter |
| Other cash from financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$6.88M | USD | 1 Quarter |
| Other cash from financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$5.75M | USD | 1 Quarter |
| Distributions to unitholders |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$70.01M | USD | Point-in-time |
| Distributions to unitholders |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$86.54M | USD | 1 Quarter |
| Distributions to unitholders |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$21.97M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$68.20M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.15B | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-23.60M | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.90M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$136.58M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$72.63M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$112.98M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$136.58M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$72.63M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$112.98M | USD | Point-in-time |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$3.08B | USD | Point-in-time |
| Beginning balance |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$5.26B | USD | Point-in-time |
| Contribution of assets between entities under common control above historic cost |
ContributionOfAssetsBetweenEntitiesUnderCommonControlAboveHistoricCostNet
|
$194.00M | USD | 1 Quarter |
| Cash distribution to unitholders |
LimitedPartnersCapitalAccountDistributionAmount
|
$86.54M | USD | 1 Quarter |
| Unit-based compensation |
PartnersCapitalAccountUnitBasedCompensation
|
$2.89M | USD | 1 Quarter |
| Other |
PartnersCapitalOther
|
$31.55M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$62.01M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$49.31M | USD | 1 Quarter |
| Ending balance |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$3.08B | USD | Point-in-time |
| Ending balance |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$5.26B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.