Sunoco LP : Reconciliation of SUNC Non-GAAP Measures (SunocoCorp Q1 2026 Non GAAP Measures)

Published: 2026-05-05 15:51:09 ET SUN

Published on 05/05/2026 at 03:51 pm EDT

‌SUNOCOCORP LLC RECONCILIATION OF NON-GAAP MEASURES

The following table presents a reconciliation of net income to Adjusted EBITDA and Adjusted EBITDA to Distributable Cash Flow, as adjusted, for the three months ended March 31, 2026:

SUNOCOCORP LLC SUPPLEMENTAL INFORMATION

(Dollars and units in millions) (unaudited)

Three Months Ended March 31, 2026

Net income

$ 605

Depreciation, amortization and accretion

286

Interest expense, net

201

Non-cash unit-based compensation expense

6

Gain on disposal of assets and impairment charges

(1)

Loss on extinguishment of debt

1

Unrealized losses on commodity derivatives

56

Inventory valuation adjustments

(444)

Equity in earnings of unconsolidated affiliates

(42)

Adjusted EBITDA related to unconsolidated affiliates

69

Other non-cash adjustments

47

Income tax expense

74

Adjusted EBITDA

858

Transaction-related expenses

9

Adjusted EBITDA, excluding transaction-related expenses

$ 867

Adjusted EBITDA

$ 858

Adjusted EBITDA related to unconsolidated affiliate

(69)

Distributable cash flow from unconsolidated affiliate

69

Preferred Unit Holders' Distributions

(30)

Cash interest expense

(192)

Income tax expense, current

(17)

Maintenance capital expenditures

(93)

Distributable Cash Flow (consolidated)

526

Distributable Cash Flow from Sunoco LP

(526)

Distributions from Sunoco LP

51

Distributable Cash Flow attributable to the common unitholders of SunocoCorp

$ 51

Distributions to common unitholders

$ 51

Common units outstanding - end of period

51.5

Disclaimer

Sunoco LP published this content on May 05, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 05, 2026 at 19:50 UTC.