Sunoco LP (SUN) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
8111 WESTCHESTER DR., SUITE 400 DALLAS, TX 75225 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2911 - Petroleum Refining (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 25 | 97 | 21 | 56 | 28 | 119 | 62 | ||
| Cash and cash equivalents | 25 | 97 | 21 | 56 | 28 | 119 | 62 | ||
| Receivables | 538 | 306 | 411 | 411 | 696 | 542 | 268 | ||
| Inventory, net of allowances, customer advances and progress billings | 534 | 382 | 419 | 374 | 426 | 573 | 417 | ||
| Inventory | 534 | 382 | 419 | 374 | 426 | 573 | 417 | ||
| Assets held-for-sale, not part of disposal group | 3,313 | ||||||||
| Other current assets | 95 | 62 | 73 | 64 | 81 | 155 | 33 | ||
| Other undisclosed current assets | 235 | ||||||||
| Total current assets: | 1,192 | 847 | 924 | 905 | 4,544 | 1,389 | 1,014 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 9 | 3 | 29 | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, right-of-use asset | 517 | 536 | 533 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,667 | 1,425 | 1,442 | 1,546 | 1,557 | 3,373 | 2,397 | ||
| Long-term investments and receivables | 132 | 136 | 121 | ||||||
| Long-term investments | 132 | 136 | 121 | ||||||
| Intangible assets, net (including goodwill) | 2,110 | 2,152 | 2,201 | 2,267 | 2,198 | 3,873 | 2,788 | ||
| Goodwill | 1,568 | 1,564 | 1,555 | 1,559 | 1,430 | 2,618 | 1,822 | ||
| Intangible assets, net (excluding goodwill) | 542 | 588 | 646 | 708 | 768 | 1,255 | 966 | ||
| Other noncurrent assets | 188 | 168 | 188 | 161 | 45 | 66 | 48 | ||
| Total noncurrent assets: | 4,623 | 4,420 | 4,514 | 3,974 | 3,800 | 7,312 | 5,233 | ||
| TOTAL ASSETS: | 5,815 | 5,267 | 5,438 | 4,879 | 8,344 | 8,701 | 6,248 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 806 | 549 | 664 | 711 | 927 | 988 | 656 | ||
| Accounts payable | 515 | 267 | 445 | 412 | 559 | 616 | 401 | ||
| Accrued liabilities | 291 | 282 | 219 | 299 | 368 | 372 | 254 | ||
| Debt | 6 | 6 | 11 | 5 | 6 | 5 | 5 | ||
| Due to related parties | 59 | 79 | 49 | 15 | |||||
| Other undisclosed current liabilities | 19 | 19 | 20 | 149 | 281 | 196 | |||
| Total current liabilities: | 890 | 653 | 744 | 865 | 1,214 | 1,189 | 676 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 3,249 | 3,106 | 3,060 | 2,980 | 4,284 | 4,509 | 1,953 | ||
| Long-term debt, excluding current maturities | 581 | 162 | 700 | 765 | 1,000 | 1,953 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | 0 | |||||
| Operating lease, liability | 521 | 538 | 530 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 2,147 | 2,568 | 2,368 | 2,280 | 3,519 | 3,509 | (0) | ||
| Liabilities, other than long-term debt | 218 | 213 | 98 | 123 | 126 | 165 | 96 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 1 | 1 | 2 | ||
| Deferred revenue | 1 | ✕ | ✕ | ✕ | ✕ | ||||
| Deferred income tax liabilities | 114 | 104 | ✕ | ✕ | ✕ | ✕ | |||
| Accrued environmental loss contingencies | 1 | ||||||||
| Other liabilities | 104 | 109 | 97 | 123 | 125 | 164 | 94 | ||
| Other undisclosed noncurrent liabilities | 647 | 663 | 778 | 127 | 473 | 642 | 429 | ||
| Total noncurrent liabilities: | 4,114 | 3,982 | 3,936 | 3,230 | 4,883 | 5,316 | 2,478 | ||
| Total liabilities: | 5,004 | 4,635 | 4,680 | 4,095 | 6,097 | 6,505 | 3,153 | ||
| Stockholders' equity | |||||||||
| Other undisclosed stockholders' equity | 811 | 632 | 758 | 784 | 2,247 | 2,196 | 3,094 | ||
| Total stockholders' equity: | 811 | 632 | 758 | 784 | 2,247 | 2,196 | 3,094 | ||
| TOTAL LIABILITIES AND EQUITY: | 5,815 | 5,267 | 5,438 | 4,879 | 8,344 | 8,701 | 6,248 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 17,596 | 10,710 | 16,596 | 16,994 | 11,723 | 15,698 | 16,935 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 660 | 2,362 | 1,667 | |
| Cost of revenue | (16,246) | (9,654) | (15,380) | (15,872) | (10,615) | (1,200) | (15,477) | |
| Cost of goods and services sold | (16,246) | (9,654) | (15,380) | (455) | (386) | (1,200) | (1,069) | |
| Other undisclosed gross profit | (12,279) | |||||||
| Gross profit: | 1,350 | 1,056 | 1,216 | 1,122 | 1,108 | 2,219 | 1,458 | |
| Operating expenses | (601) | (639) | (752) | (16,649) | (879) | (2,467) | (1,140) | |
| Other undisclosed operating income | 15,872 | |||||||
| Operating income (loss): | 749 | 417 | 464 | 345 | 229 | (248) | 318 | |
| Nonoperating income (Other Nonoperating income) | 2 | 3 | ||||||
| Interest and debt expense | (199) | (188) | (173) | (17) | (209) | (189) | (88) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (236) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 550 | 231 | 294 | 92 | 20 | (437) | 231 | |
| Income from equity method investments | 4 | 5 | 2 | |||||
| Income (loss) from continuing operations before income taxes: | 554 | 236 | 296 | 92 | 20 | (437) | 231 | |
| Income tax expense (benefit) | (30) | (24) | 17 | (34) | 306 | 31 | (47) | |
| Income (loss) from continuing operations: | 524 | 212 | 313 | 58 | 326 | (406) | 184 | |
| Loss from discontinued operations | (265) | (177) | ||||||
| Net income (loss): | 524 | 212 | 313 | (207) | 149 | (406) | 184 | |
| Net loss attributable to noncontrolling interest | (54) | |||||||
| Other undisclosed net loss attributable to parent | (43) | |||||||
| Net income (loss) available to common stockholders, diluted: | 524 | 212 | 313 | (207) | 149 | (406) | 87 | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 524 | 212 | 313 | (207) | 149 | (406) | 184 | |
| Comprehensive income (loss): | 524 | 212 | 313 | (207) | 149 | (406) | 184 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (54) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 524 | 212 | 313 | (207) | 149 | (406) | 130 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.