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Property, Plant and Equipment, Net of Accumulated Depreciation
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net of Accumulated Depreciation PROPERTY, PLANT AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION
 
Property, plant and equipment, net of accumulated depreciation consisted of the following (in millions):
March 31,December 31,
20242023
Terminal and related assets  
Terminal and interconnecting pipeline facilities$34,093 $34,069 
Land463 463 
Construction-in-process4,001 3,480 
Accumulated depreciation(6,382)(6,099)
Total terminal and related assets, net of accumulated depreciation32,175 31,913 
Fixed assets and other  
Computer and office equipment37 37 
Furniture and fixtures31 31 
Computer software126 125 
Leasehold improvements44 43 
Other23 21 
Accumulated depreciation(187)(183)
Total fixed assets and other, net of accumulated depreciation74 74 
Assets under finance leases
Marine assets532 532 
Accumulated depreciation(76)(63)
Total assets under finance leases, net of accumulated depreciation456 469 
Property, plant and equipment, net of accumulated depreciation$32,705 $32,456 
Depreciation expense was $300 million and $296 million during the three months ended March 31, 2024 and 2023, respectively.