v3.26.1
Property, Plant and Equipment, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Line Items]  
Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
DepreciableJune 30,December 31,
Life20262025
Regulated assets:
Utility generation, transmission and distribution systems
5-80 years
$109,292 $109,815 
Interstate natural gas pipeline assets
3-80 years
21,683 21,334 
130,975 131,149 
Accumulated depreciation and amortization(40,672)(40,365)
Regulated assets, net90,303 90,784 
Nonregulated assets:
Independent power plants
2-50 years
9,632 9,242 
Cove Point LNG facility
40 years
3,479 3,476 
Other assets
2-30 years
2,588 2,912 
15,699 15,630 
Accumulated depreciation and amortization(4,887)(4,637)
Nonregulated assets, net10,812 10,993 
101,115 101,777 
Construction work-in-progress11,924 10,591 
Property, plant and equipment, net$113,039 $112,368 
PAC  
Property, Plant, and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
June 30,December 31,
Depreciable Life20262025
Utility plant:
Generation
15 - 59 years
$14,408 $15,114 
Transmission
60 - 90 years
11,508 11,732 
Distribution
20 - 75 years
10,941 11,127 
Intangible plant and other
2 - 75 years
2,633 2,667 
Utility plant in-service39,490 40,640 
Accumulated depreciation and amortization(12,747)(12,875)
Utility plant in-service, net26,743 27,765 
Nonregulated, net of accumulated depreciation and amortization
34 - 75 years
18 18 
26,761 27,783 
Construction work-in-progress3,576 3,330 
Property, plant and equipment, net$30,337 $31,113 
MEC  
Property, Plant, and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
June 30,December 31,
Depreciable Life20262025
Utility plant:
Generation
20-62 years
$18,255 $18,804 
Transmission
55-80 years
3,358 3,297 
Electric distribution
15-80 years
6,472 6,326 
Natural gas distribution
30-75 years
2,627 2,600 
Utility plant in-service30,712 31,027 
Accumulated depreciation and amortization(8,220)(8,304)
Utility plant in-service, net22,492 22,723 
Nonregulated, net of accumulated depreciation and amortization
20-50 years
10 10 
22,502 22,733 
Construction work-in-progress1,858 1,323 
Property, plant and equipment, net$24,360 $24,056 
NPC  
Property, Plant, and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
Depreciable LifeJune 30,December 31,
20262025
Utility plant:
Generation
30 - 65 years
$5,619 $5,542 
Transmission
55 - 75 years
1,879 1,886 
Distribution
24 - 70 years
5,190 5,031 
Intangible plant and other
5 - 65 years
1,000 951 
Utility plant13,688 13,410 
Accumulated depreciation and amortization(4,547)(4,383)
Utility plant, net9,141 9,027 
Nonregulated, net of accumulated depreciation and amortization
40 years
1 1 
9,142 9,028 
Construction work-in-progress1,650 1,395 
Property, plant and equipment, net$10,792 $10,423 
SPPC  
Property, Plant, and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
Depreciable LifeJune 30,December 31,
20262025
Utility plant:
Generation
25 - 70 years
$1,862 $1,413 
Transmission
50 - 76 years
1,385 1,321 
Electric distribution
20 - 76 years
2,378 2,298 
Electric intangible plant and other
5 - 65 years
197 189 
Natural gas distribution
35 - 70 years
614 591 
Natural gas intangible plant and other
5 - 65 years
19 19 
Common other
5 - 65 years
475 461 
Utility plant6,930 6,292 
Accumulated depreciation and amortization(2,285)(2,296)
4,645 3,996 
Construction work-in-progress2,143 2,060 
Property, plant and equipment, net$6,788 $6,056 
EEGH  
Property, Plant, and Equipment [Line Items]  
Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
June 30,December 31,
Depreciable Life20262025
Utility plant:
Interstate natural gas transmission assets
34 - 51 years
$6,737 $6,599 
Storage assets
47 - 79 years
2,890 2,856 
Intangible plant and other assets
4 - 53 years
534 514 
Utility plant in-service10,161 9,969 
Accumulated depreciation and amortization(3,646)(3,555)
Utility plant in-service, net6,515 6,414 
Nonutility plant:
LNG facility40 years4,588 4,585 
Accumulated depreciation and amortization(965)(901)
Nonutility plant, net3,623 3,684 
10,138 10,098 
Construction work-in-progress352 265 
Property, plant and equipment, net$10,490 $10,363 
EGTS  
Property, Plant, and Equipment [Line Items]  
Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
June 30,December 31,
Depreciable Life20262025
Interstate natural gas transmission assets
47 - 51 years
$5,336 $5,213 
Storage assets
47 - 51 years
1,910 1,884 
Intangible plant and other assets
12 - 53 years
426 408 
Plant in-service7,672 7,505 
Accumulated depreciation and amortization(2,890)(2,824)
4,782 4,681 
Construction work-in-progress322 228 
Property, plant and equipment, net$5,104 $4,909