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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consist of the following as of the dates indicated:
 
Depreciable
Life
March 31, 2020December 31, 2019
Land
—  $11  $11  
Building and improvements
10 - 40 years40  40  
Pipeline and equipment (1)
10 - 30 years1,245  1,228  
Other
5 - 25 years33  33  
1,329  1,312  
Accumulated depreciation and amortization (2)
(626) (613) 
703  699  
Construction in progress
14  27  
Property, plant and equipment, net
$717  $726  
(1) As of both March 31, 2020 and December 31, 2019, includes costs of $369 million, related to assets under operating lease (as lessor). As of both March 31, 2020 and December 31, 2019, includes cost of $23 million, related to right-of-use (“ROU”) assets under finance lease (as lessee).
(2) As of March 31, 2020 and December 31, 2019, includes accumulated depreciation of $136 million and $133 million, respectively, related to assets under operating lease (as lessor). As of March 31, 2020 and December 31, 2019, includes accumulated amortization of $7 million and $6 million, respectively, related to ROU assets under finance lease (as lessee).
Depreciation and amortization expense on property, plant and equipment for the three months ended March 31, 2020 and March 31, 2019 was $13 million and $12 million, respectively, and is included in costs and expenses in the accompanying unaudited consolidated statements of income. Depreciation and amortization expense on property, plant and equipment includes amounts pertaining to assets under operating leases (as lessor) and finance leases (as lessee).

We evaluate long-lived assets for potential impairment indicators whenever events or changes in circumstances indicate that the carrying amount of our assets may not be recoverable. Due to the change in market conditions, as of March 31, 2020, we evaluated whether an impairment indicator existed. Based on our current forecast and expectations of market conditions, we determined that there was no triggering event that required us to update our impairment evaluation of property, plant and equipment. However, if market conditions deteriorate further or continue to persist for an extended period of time, we may be required to assess the recoverability of our long-lived assets which could result in an impairment.