Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of materials and supplies and commodity inventories

The components of inventories are as follows:

	As of December 31,
	2023		2022
	(in millions)
Materials and supplies	$	207	$	146
Commodities	269		278
Total inventories	$	476	$	424

Schedule of other property, plant and equipment, net

Other property and equipment, net. Other property and equipment is recorded at cost. The carrying values of other property and equipment, net of accumulated depreciation as of December 31, 2023 and 2022, respectively, are as follows:

	As of December 31,
	2023		2022
	(in millions)
Land and buildings (a)	$	762	$	835
Water and power infrastructure (b)	753		709
Information technology	63		55
Transport and field equipment (c)	48		25
Furniture and fixtures	18		21
Sand reserves	12		13
Total other property and equipment, net	$	1,656	$	1,658

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(a)Includes land, buildings, any related improvements to land and buildings and a finance lease entered into by the Company for its corporate headquarters in Irving, Texas. See Note 9 for additional information.

(b)Includes costs for water pipeline infrastructure, water supply wells, water treatment facilities and electric power backbone infrastructure.

(c)Includes vehicles and airplanes.