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Property, Plant and Equipment
6 Months Ended
Jun. 30, 2021
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

Note 8. Property, Plant and Equipment

The carrying value of property, plant and equipment is as follows:

 

(Thousands)

 

Depreciable Lives

 

 

June 30, 2021

 

 

December 31, 2020

 

Land

 

Indefinite

 

 

$

27,936

 

 

$

27,945

 

Building and improvements

 

3 - 40 years

 

 

 

358,570

 

 

 

351,305

 

Poles

 

30 years

 

 

 

273,934

 

 

 

266,758

 

Fiber

 

30 years

 

 

 

3,875,028

 

 

 

3,737,372

 

Equipment

 

5 - 7 years

 

 

 

314,256

 

 

 

298,912

 

Copper

 

20 years

 

 

 

3,902,265

 

 

 

3,850,987

 

Conduit

 

30 years

 

 

 

89,960

 

 

 

89,773

 

Tower assets

 

20 years

 

 

 

8,544

 

 

 

8,571

 

Finance lease assets

 

 

(1

)

 

 

71,444

 

 

 

74,103

 

Other assets

 

15 - 20 years

 

 

 

10,644

 

 

 

10,553

 

Corporate assets

 

3 - 7 years

 

 

 

13,829

 

 

 

13,475

 

Construction in progress

 

 

(1

)

 

 

85,562

 

 

 

47,086

 

 

 

 

 

 

 

 

9,031,972

 

 

 

8,776,840

 

Less accumulated depreciation

 

 

 

 

 

 

(5,631,217

)

 

 

(5,503,487

)

Net property, plant and equipment

 

 

 

 

 

$

3,400,755

 

 

$

3,273,353

 

(1) See our Annual Report for property, plant and equipment accounting policies.

 

 

Depreciation expense for the three and six months ended June 30, 2021 was $64.9 million and $131.1 million, respectively. Depreciation expense for the three and six months ended June 30, 2020 was $77.2 million and $155.0 million, respectively.