Sunoco LP
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
SUN$63.21+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| OPERATING ACTIVITIES: | ||
| Net income | $430 | $733 |
| Reconciliation of net income to net cash provided by operating activities: | ||
| Depreciation, amortization and accretion | 469 | 216 |
| Amortization of deferred financing fees | 20 | 20 |
| Loss on disposal of assets and impairment charges | 4 | 52 |
| Loss on extinguishment of debt | 31 | 2 |
| Gain on West Texas Sale | — | (598) |
| Other non-cash, net | 28 | 4 |
| Non-cash unit-based compensation expense | 14 | 12 |
| Deferred income tax expense (benefit) | 2 | (14) |
| Inventory valuation adjustments | (31) | 99 |
| Equity in earnings of unconsolidated affiliates | (103) | (35) |
| Distributions from unconsolidated affiliates | 156 | — |
| Net change in operating assets and liabilities, net of effects of acquisitions and divestitures | (220) | (65) |
| Net cash provided by operating activities | 800 | 426 |
| INVESTING ACTIVITIES: | ||
| Capital expenditures | (418) | (212) |
| Cash paid for acquisitions | (189) | (209) |
| NuStar Acquisition, net of cash received | — | 27 |
| Contributions to unconsolidated affiliates | (57) | — |
| Distributions from unconsolidated affiliates in excess of cumulative earnings | 59 | 6 |
| Proceeds from West Texas Sale | — | 990 |
| Proceeds from disposal of property, plant and equipment | 11 | 7 |
| Net cash (used in) provided by investing activities | (594) | 609 |
| FINANCING ACTIVITIES: | ||
| Senior notes borrowings | 2,900 | 1,500 |
| Senior notes repayments | (632) | (415) |
| GoZone bond repayment | (75) | — |
| Credit Facility borrowings | 2,081 | 1,870 |
| Credit Facility repayments | (2,284) | (2,686) |
| Loan origination costs | (36) | (19) |
| Series A Preferred Units issuance | 1,473 | — |
| Preferred units redemption | — | (784) |
| Cash distributions to unitholders, including incentive distributions | (488) | (406) |
| Cash distributions to noncontrolling interests | — | (8) |
| Net cash provided by (used in) financing activities | 2,939 | (948) |
| Net increase in cash and cash equivalents | 3,145 | 87 |
| Cash and cash equivalents, beginning of period | 94 | 29 |
| Cash and cash equivalents, end of period | $3,239 | $116 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.