Sunoco LP

For the period ended Dec 31, 2023. Filed Feb 16, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 16, 2024

SUN$63.21+0.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income

(Dollars in millions, except per unit data)

	Year Ended December 31,
	2023	2022	2021
REVENUES:
Motor fuel sales	$22,525	$25,216	$17,152
Non-motor fuel sales	392	370	306
Lease income	151	143	138
Total revenues	23,068	25,729	17,596
COST OF SALES AND OPERATING EXPENSES:
Cost of sales	21,703	24,350	16,246
General and administrative	126	120	109
Other operating	356	338	270
Lease expense	68	63	59
Gain on disposal of assets	(7)	(13)	(14)
Depreciation, amortization and accretion	187	193	177
Total cost of sales and operating expenses	22,433	25,051	16,847
OPERATING INCOME	635	678	749
OTHER INCOME (EXPENSE):
Interest expense, net	(217)	(182)	(163)
Other income, net	7	1	—
Equity in earnings of unconsolidated affiliates	5	4	4
Loss on extinguishment of debt	—	—	(36)
INCOME BEFORE INCOME TAXES	430	501	554
Income tax expense	36	26	30
NET INCOME AND COMPREHENSIVE INCOME	$394	$475	$524
NET INCOME PER COMMON UNIT:
Common units - basic	$3.70	$4.74	$5.35
Common units - diluted	$3.65	$4.68	$5.28
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING:
Common units - basic	84,081,083	83,755,378	83,369,534
Common units - diluted	85,093,497	84,803,698	84,438,276
CASH DISTRIBUTIONS PER COMMON UNIT	$3.368	$3.302	$3.302

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.