v3.26.1
Acquisitions (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination [Line Items]  
Business Combination, Recognized Asset Acquired and Liability Assumed
As of the date these financial statements were issued, Sunoco LP’s management and the third-party valuation specialist continue to evaluate certain assumptions, which could result in a change to the allocation of the fair value among reporting units or between line items on the consolidated balance sheet, potentially impacting deferred tax balances and/or goodwill. The following table summarizes the preliminary allocation of the purchase price among assets acquired and liabilities assumed.
As of January 16, 2026
Total current assets$65 
Property, plant and equipment, net639 
Lease right-of-use assets, net59 
Other non-current assets, net1 
Total assets764 
Total current liabilities9 
Long-term debt346 
Non-current operating lease liabilities66 
Deferred income taxes62 
Other non-current liabilities42 
Total liabilities525 
Total consideration239 
Cash acquired45 
Total consideration, net of cash acquired$194 
JW Power  
Business Combination [Line Items]  
Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the preliminary allocation of the purchase price among assets acquired and liabilities assumed.
As of January 12, 2026
Total current assets$136 
Property, plant and equipment, net869 
Lease right-of-use assets, net5 
Intangible assets, net (1)
6 
Other non-current assets, net1 
Goodwill (2)
117 
Total assets1,134 
Total current liabilities33 
Non-current operating lease liabilities3 
Other non-current liabilities186 
Total liabilities222 
Total consideration912 
Cash acquired11 
Total consideration, net of cash acquired$901 
(1)Intangible assets, net is comprised of $5.4 million of trade names with a remaining useful life of approximately 3 years.
(2)Goodwill recorded is primarily related to the recognition of deferred tax liabilities arising from acquisition date fair value adjustments with the remainder related to expected commercial and operational synergies, and is subject to change based on final purchase price allocations. None of the goodwill recorded as a result of this transaction is deductible for tax purposes.