Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Summary of Property, Plant and Equipment

Property, plant and equipment with associated accumulated depreciation is shown below:

(In millions)	Estimated Useful Lives	June 30, 2020		December 31, 2019
L&S
Pipelines	2-51 years	$	5,719	$	5,572
Refining Logistics	13-40 years	2,324		2,870
Terminals	4-40 years	1,281		1,109
Marine	15-20 years	960		906
Land, building and other	1-61 years	1,834		1,817
Construction-in progress		520		660
Total L&S property, plant and equipment		12,638		12,934
G&P
Gathering and transportation	5-40 years	7,374		7,159
Processing and fractionation	15-40 years	5,923		5,545
Land, building and other	3-40 years	489		484
Construction-in-progress		368		745
Total G&P property, plant and equipment		14,154		13,933
Total property, plant and equipment		26,792		26,867
Less accumulated depreciation(1)		5,034		4,722
Property, plant and equipment, net		$	21,758	$	22,145

(1) The June 30, 2020 balance includes property, plant and equipment impairment charges recorded during the first quarter of 2020 as discussed below.