Lease Accounting (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Property Subject to or Available for Operating Lease [Table Text Block]

The components of operating and finance lease amounts recognized in the accompanying consolidated balance sheets as of December 31, 2023 and 2022 were as follows:


	December 31,
	2023		2022
Operating leases:
Lease right-of-use assets, net	$	797	$	808
Operating lease current liabilities	56		45
Accrued and other current liabilities	5		1
Non-current operating lease liabilities	778		798
Finance leases:
Property, plant and equipment, net	$	1	$	1
Lease right-of-use assets, net	29		11

Current maturities of long-term debt	8		2
Long-term debt, less current maturities	19		9
Other non-current liabilities	—		1

Lease, Cost [Table Text Block]

The components of lease expense for the years ended December 31, 2023 and 2022 were as follows:


		Year Ended December 31,
	Income Statement Location	2023		2022
Operating lease costs:
Operating lease cost	Cost of goods sold	$	1	$	3
Operating lease cost	Operating expenses	69		63
Operating lease cost	Selling, general and administrative	18		22
Total operating lease costs		88		88
Finance lease costs:
Amortization of lease assets	Depreciation, depletion and amortization	—		—
Interest on lease liabilities	Interest expense, net of capitalized interest	—		—
Total finance lease costs		—		—
Short-term lease cost	Operating expenses	38		33
Variable lease cost	Operating expenses	16		13
Lease costs, gross		142		134
Less: Sublease income	Other revenue	42		40
Lease costs, net		$	100	$	94

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The weighted-average remaining lease terms and weighted-average discount rates as of December 31, 2023 and 2022 were as follows:


	December 31,
	2023		2022
Weighted-average remaining lease term (years):
Operating leases	21		21
Finance leases	12		27
Weighted-average discount rate (%):
Operating leases	6	%	5	%
Finance leases	5	%	4	%

Maturities of lease liabilities as of December 31, 2023 are as follows:


	Operating leases		Finance leases		Total
2024	$	96	$	7	$	103
2025	90		8		98
2026	81		4		85
2027	71		2		73
2028	70		1		71
Thereafter	979		12		991
Total lease payments	1,387		34		1,421
Less: present value discount	553		7		560
Present value of lease liabilities	$	834	$	27	$	861

Schedule of additional lease information [Table Text Block]

Cash flows and non-cash activity related to leases for the years ended December 31, 2023 and 2022 were as follows:


	Year Ended December 31,
	2023		2022


Operating cash flows from operating leases	$	(139)	$	(133)



Lease assets obtained in exchange for new finance lease liabilities	18		1
Lease assets obtained in exchange for new operating lease liabilities	5		41

Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]

Sunoco LP’s future minimum operating lease payments receivable as of December 31, 2023 are as follows:


	Lease Payments
2024	$	108
2025	99
2026	82
2027	63
2028	38
Thereafter	17
Total undiscounted cash flows	$	407