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Property, Plant and Equipment, Net of Accumulated Depreciation (Tables)
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
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,
20262025
Terminal and related assets  
Terminal and interconnecting pipeline facilities$39,359 $38,422 
Land825 745 
Construction-in-process3,891 4,096 
Accumulated depreciation(8,763)(8,434)
Total terminal and related assets, net of accumulated depreciation35,312 34,829 
Fixed assets and other assets
Fixed assets and other assets263 260 
Accumulated depreciation(199)(195)
Total fixed assets and other assets, net of accumulated depreciation64 65 
Assets under finance leases
Marine assets1,604 1,060 
Accumulated depreciation(236)(199)
Total assets under finance leases, net of accumulated depreciation1,368 861 
Property, plant and equipment, net of accumulated depreciation$36,744 $35,755 
Schedule Of Depreciation And Offsets To LNG Terminal Costs
The following table shows depreciation expense and offsets to terminal assets (in millions):
Three Months Ended March 31,
20262025
Depreciation expense$371 $310 
Sales proceeds earned from commissioning sales of LNG offset to terminal assets (1)47 48 
(1)We realize offsets to terminal assets for sales proceeds from commissioning volumes that were earned or loaded prior to the start of commercial operations of the respective Train during the testing phase for its construction.