v3.26.1

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 718	$ 891
Accounts receivable, net	3,442	1,972
Inventories, net	2,347	2,383
Other current assets	342	270
Total current assets	6,849	5,516
Property, plant and equipment	15,976	15,256
Accumulated depreciation	(2,156)	(1,848)
Property, plant and equipment, net	13,820	13,408
Other assets:
Operating lease right-of-use assets, net	1,518	1,449
Goodwill	3,061	3,026
Intangible assets, net	2,369	2,411
Other non-current assets	1,030	928
Investments in unconsolidated affiliates	1,611	1,624
Total assets	30,258	28,362
Current liabilities:
Accrued expenses and other current liabilities	923	953
Operating lease current liabilities	172	211
Current maturities of long-term debt	12	17
Total current liabilities	4,908	3,997
Operating lease non-current liabilities	1,311	1,255
Long-term debt, net	13,920	13,372
Deferred tax liabilities	1,195	1,135
Other non-current liabilities	536	512
Total liabilities	21,946	20,349
Commitments and contingencies (Note 13)
Limited Partners' Capital Account, Units Issued	51,517,198	51,517,198
Equity:
Common unitholders (51,517,198 units issued and outstanding as of March 31, 2026 and December 31, 2025)	$ 2,604	$ 2,542
Accumulated other comprehensive loss	(16)	(6)
Total Member's Equity	2,588	2,536
Noncontrolling interests	5,724	5,477
Total equity	8,312	8,013
Total liabilities and equity	$ 30,258	$ 28,362
Common Unit, Outstanding	51,517,198	51,517,198
Related Party
Current liabilities:
Accounts payable	$ 374	$ 331
Other Liabilities	76	78
Nonrelated Party
Current liabilities:
Accounts payable	$ 3,427	$ 2,485

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

SunocoCorp LLC 10-Q