XML 24 R10.htm IDEA: XBRL DOCUMENT v3.24.3
Property, Plant and Equipment, Net of Accumulated Depreciation
 9 Months Ended
Sep. 30, 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):
September 30,December 31,
20242023
Terminal and related assets  
Terminal and interconnecting pipeline facilities$34,209 $34,069 
Land466 463 
Construction-in-process4,934 3,480 
Accumulated depreciation(6,948)(6,099)
Total terminal and related assets, net of accumulated depreciation32,661 31,913 
Fixed assets and other  
Computer and office equipment39 37 
Furniture and fixtures31 31 
Computer software129 125 
Leasehold improvements44 43 
Other24 21 
Accumulated depreciation(196)(183)
Total fixed assets and other, net of accumulated depreciation71 74 
Assets under finance leases
Marine assets583 532 
Accumulated depreciation(96)(63)
Total assets under finance leases, net of accumulated depreciation487 469 
Property, plant and equipment, net of accumulated depreciation$33,219 $32,456 
Depreciation expense was $304 million and $296 million during the three months ended September 30, 2024 and 2023, respectively, and $907 million and $887 million during the nine months ended September 30, 2024 and 2023, respectively.