v3.26.3
Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets by Business Segment
The following table summarizes our intangible assets by business segment at the dates indicated:
September 30, 2026December 31, 2025
Gross
Value
Accumulated
Amortization
Carrying
Value
Gross
Value
Accumulated
Amortization
Carrying
Value
NGL Pipelines & Services:
Customer relationship intangibles$449 $(297)$152 $449 $(289)$160 
Contract-based intangibles1,050 (210)840 1,050 (177)873 
Segment total1,499 (507)992 1,499 (466)1,033 
Crude Oil Pipelines & Services:
Customer relationship intangibles2,195 (781)1,414 2,195 (710)1,485 
Contract-based intangibles283 (280)3 283 (280)3 
Segment total2,478 (1,061)1,417 2,478 (990)1,488 
Natural Gas Pipelines & Services:
Customer relationship intangibles1,351 (726)625 1,351 (700)651 
Contract-based intangibles1,155 (297)858 1,150 (265)885 
Segment total2,506 (1,023)1,483 2,501 (965)1,536 
Petrochemical & Refined Products Services:
Customer relationship intangibles181 (104)77 181 (99)82 
Contract-based intangibles50 (31)19 50 (30)20 
Segment total231 (135)96 231 (129)102 
Total intangible assets$6,714 $(2,726)$3,988 $6,709 $(2,550)$4,159 
Schedule of Amortization Expense of our Intangible Assets by Business Segment
The following table presents the amortization expense of our intangible assets by business segment for the periods indicated:
For the Three Months
Ended September 30,
For the Nine Months
Ended September 30,
2026202520262025
NGL Pipelines & Services$14 $13 $41 $36 
Crude Oil Pipelines & Services23 21 71 63 
Natural Gas Pipelines & Services20 19 58 55 
Petrochemical & Refined Products Services2 2 6 5 
Total$59 $55 $176 $159 
Schedule of Forecasted Amortization Expense Associated with Existing Intangible Assets
The following table presents our forecast of amortization expense associated with existing intangible assets for the periods indicated:
Remainder
of 2026
2027202820292030
$58 $228 $222 $217 $217