Sunoco LP
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
SUN$62.70+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $94 | $29 |
| Accounts receivable, net | 1,162 | 856 |
| Accounts receivable from affiliates | — | 20 |
| Inventories, net | 1,068 | 889 |
| Other current assets | 141 | 133 |
| Total current assets | 2,465 | 1,927 |
| Property and equipment | 8,914 | 2,970 |
| Accumulated depreciation | (1,240) | (1,134) |
| Property and equipment, net | 7,674 | 1,836 |
| Other assets: | ||
| Operating lease right-of-use assets, net | 477 | 506 |
| Goodwill | 1,477 | 1,599 |
| Intangible assets, net | 547 | 544 |
| Other non-current assets | 400 | 290 |
| Investments in unconsolidated affiliates | 1,335 | 124 |
| Total assets | $14,375 | $6,826 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,255 | $828 |
| Accounts payable to affiliates | 199 | 170 |
| Accrued expenses and other current liabilities | 457 | 353 |
| Operating lease current liabilities | 34 | 22 |
| Current maturities of long-term debt | 2 | — |
| Total current liabilities | 1,947 | 1,373 |
| Operating lease non-current liabilities | 479 | 511 |
| Long-term debt, net | 7,484 | 3,580 |
| Advances from affiliates | 82 | 102 |
| Deferred tax liabilities | 157 | 166 |
| Other non-current liabilities | 158 | 116 |
| Total liabilities | 10,307 | 5,848 |
| Commitments and contingencies (Note 13) | ||
| Equity: | ||
| Limited partners: | ||
| Common unitholders (136,228,535 and 84,408,014 units issued and outstanding as of December 31, 2024 and 2023, respectively) | 4,066 | 978 |
| Class C unitholders - held by subsidiary (16,410,780 units issued and outstanding as of December 31, 2024 and 2023) | — | — |
| Accumulated other comprehensive income | 2 | — |
| Total equity | 4,068 | 978 |
| Total liabilities and equity | $14,375 | $6,826 |
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