Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Components of Property, Plant and Equipment

Property, plant and equipment consist of the following as of the dates indicated:

	Depreciable Life	March 31, 2019		December 31, 2018
Land	—	$	12	$	11
Building and improvements	10 - 40 years	40		39
Pipeline and equipment (1)	10 - 30 years	1,196		1,162
Other	5 - 25 years	18		18
		1,266		1,230
Accumulated depreciation and amortization (2)		(579)		(567)
		687		663
Construction in progress		53		79
Property, plant and equipment, net		$	740	$	742

⁽¹⁾ As of both March 31, 2019 and December 31, 2018, includes cost of $366 million, related to assets under operating lease (as lessor). As of both March 31, 2019 and December 31, 2018, includes cost of $23 million related to right-of-use (“ROU”) assets under finance lease (as lessee).

⁽²⁾ As of March 31, 2019 and December 31, 2018, includes accumulated depreciation of $124 million and $121 million, respectively, related to assets under operating lease (as lessor). As of both March 31, 2019 and December 31, 2018, includes accumulated amortization of $5 million, related to ROU assets under finance lease (as lessee).