v3.26.1
Property, Plant and Equipment
6 Months Ended
Jun. 30, 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:
June 30, 2026December 31, 2025
(In millions)Gross PP&EAccumulated DepreciationNet PP&EGross PP&EAccumulated DepreciationNet PP&E
Crude Oil and Products Logistics
$14,222 $5,319 $8,903 $13,809 $5,058 $8,751 
Natural Gas and NGL Services
19,093 5,351 13,742 17,950 5,003 12,947 
Total$33,315 $10,670 $22,645 $31,759 $10,061 $21,698 
Depreciation expense was $320 million and $635 million for the three and six months ended June 30, 2026, respectively, and $293 million and $588 million for the three and six months ended June 30, 2025, respectively.