In connection with the closing of the contribution of its propane operations in January 2012, ETP
agreed to provide contingent, residual support of $1.55 billion of intercompany borrowings made by AmeriGas and certain of its affiliates with maturities through 2022 from a finance subsidiary of AmeriGas that have maturity dates and repayment
terms that mirror those of an equal principal amount of senior notes issued by this finance company subsidiary to third party purchasers. In 2016, AmeriGas repurchased certain of its senior notes, which caused a reduction in the amount supported by
ETP under the contingent residual support agreement. As of December 31, 2016, ETP continued to provide contingent, residual support of $500 million of borrowings.
Similarly, in connection with the closing of Sunoco LPs acquisition of Sunoco, LLC, a wholly owned subsidiary of ETP has provided a
limited contingent guarantee of collection (on a non-recourse basis) to Sunoco LP with respect to (i) $800 million principal amount of 6.375% senior notes due 2023 issued by Sunoco LP, (ii)
$800 million principal amount of 6.25% senior notes due 2021 issued by Sunoco LP and (iii) $2.035 billion aggregate principal for Sunoco LPs term loan due 2019. Please read Description of Other IndebtednessContingent