v3.26.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment with associated accumulated depreciation is shown below:
March 31, 2026December 31, 2025
(In millions)Gross PP&EAccumulated DepreciationNet PP&EGross PP&EAccumulated DepreciationNet PP&E
Crude Oil and Products Logistics
$13,895 $5,185 $8,710 $13,809 $5,058 $8,751 
Natural Gas and NGL Services
18,457 5,175 13,282 17,950 5,003 12,947 
Total$32,352 $10,360 $21,992 $31,759 $10,061 $21,698 
Depreciation expense was $315 million and $295 million for the three months ended March 31, 2026 and March 31, 2025, respectively.