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Intangible Assets and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2022
Intangible Assets and Goodwill [Abstract]  
Intangible Assets by Segment
The following table summarizes our intangible assets by business segment at the dates indicated:

 
  
December 31, 2022
    
December 31, 2021
  
 
  
Gross
Value
    
Accumulated
Amortization
    
Carrying
Value
    
Gross
Value
    
Accumulated
Amortization
    
Carrying
Value
  
NGL Pipelines & Services:
                                    
Customer relationship intangibles
  
$
449
    
$
(249
)
  
$
200
    
$
449
    
$
(236
)
  
$
213
  
Contract-based intangibles
    
749
      
(84
)
    
665
      
165
      
(61
)
    
104
  
Segment total
    
1,198
      
(333
)
    
865
      
614
      
(297
)
    
317
  
Crude Oil Pipelines & Services:
                                                
Customer relationship intangibles
    
2,195
      
(431
)
    
1,764
      
2,195
      
(355
)
    
1,840
  
Contract-based intangibles
    
283
      
(271
)
    
12
      
283
      
(263
)
    
20
  
Segment total
    
2,478
      
(702
)
    
1,776
      
2,478
      
(618
)
    
1,860
  
Natural Gas Pipelines & Services:
                                                
Customer relationship intangibles
    
1,350
      
(588
)
    
762
      
1,350
      
(550
)
    
800
  
Contract-based intangibles
    
639
      
(195
)
    
444
      
232
      
(183
)
    
49
  
Segment total
    
1,989
      
(783
)
    
1,206
      
1,582
      
(733
)
    
849
  
Petrochemical & Refined Products Services:
                                                
Customer relationship intangibles
    
181
      
(80
)
    
101
      
181
      
(75
)
    
106
  
Contract-based intangibles
    
45
      
(28
)
    
17
      
45
      
(26
)
    
19
  
Segment total
    
226
      
(108
)
    
118
      
226
      
(101
)
    
125
  
Total intangible assets
  
$
5,891
    
$
(1,926
)
  
$
3,965
    
$
4,900
    
$
(1,749
)
  
$
3,151
  
Amortization Expense of Intangible Assets by Segment
The following table presents the amortization expense of our intangible assets by business segment for the years indicated:

 
  
For the Year Ended December 31,
  
 
  
2022
    
2021
    
2020
  
NGL Pipelines & Services
  
$
36
    
$
24
    
$
25
  
Crude Oil Pipelines & Services
    
84
      
77
      
71
  
Natural Gas Pipelines & Services
    
50
      
42
      
39
  
Petrochemical & Refined Products Services
    
7
      
8
      
8
  
Total
  
$
177
    
$
151
    
$
143
  
Forecasted Amortization Expense
The following table presents our forecast of amortization expense associated with existing intangible assets for the years indicated:

2023
    
2024
    
2025
    
2026
    
2027
  
$
200
    
$
222
    
$
230
    
$
237
    
$
235
  
Significant Acquired Intangible Assets
At December 31, 2022, the carrying value of our portfolio of customer relationship intangible assets was $2.8 billion, the principal components of which were as follows:

 a
  
Weighted
Average
Remaining
Amortization
Period
  
 
 
December 31, 2022
Gross
Value
  
Accumulated
Amortization
  
Carrying
Value
Basin-specific customer relationships:
                      
   EFS Midstream (acquired 2015)
  
19.4 years
  
$
 1,410
  
$
(269)
  
$
1,141
   State Line and Fairplay (acquired 2010)
  
24.2 years
    
895
    
(278)
    
617
   San Juan Gathering (acquired 2004)
  
16.8 years
    
331
    
(260)
    
71
General customer relationships:
                      
   Oiltanking (acquired 2014)
  
21.0 years
    
1,193
    
(248)
    
945

At December 31, 2022, the carrying value of our portfolio of contract-based intangible assets was $1.1 billion, the principal components of which were as follows:

a
  
Weighted
Average
Remaining
Amortization
Period
  
 
 
December 31, 2022
Gross
Value
  
Accumulated
Amortization
  
Carrying
Value
Navitas Midstream customer contracts
  
29.0 years
$
  
989
  
$
(19)
  
$
970
Jonah natural gas gathering agreements
  
19.0 years
    
224
    
(182)
    
42
Delaware Basin natural gas processing contracts
  
4.0 years
    
82
    
(40)
    
42

Schedule of Goodwill The following table presents changes in the carrying amount of goodwill by business segment during the periods indicated:

 
  
NGL
Pipelines
& Services
    
Crude Oil
Pipelines
& Services
    
Natural Gas
Pipelines
& Services
    
Petrochemical
& Refined
Products
Services
    
Consolidated
Total
  
Balance at December 31, 2020 (1)
  
$
2,652
    
$
1,841
    
$
–
    
$
956
    
$
5,449
  
Balance at December 31, 2021 (1)
    
2,652
      
1,841
      
–
      
956
      
5,449
  
Goodwill related to acquisition (2)
    
159
      
–
      
–
      
–
      
159
  
Balance at December 31, 2022 (1)
  
$
2,811
    
$
1,841
    
$
–
    
$
956
    
$
5,608
  

(1)
Balances are presented net of historical accumulated impairment losses of $296 million for the Natural Gas Pipelines & Service segment and $1 million for the Petrochemical & Refined Products Services segment.  There have been no goodwill impairment charges recognized for the reporting units within the NGL Pipelines & Services and Crude Oil Pipelines & Services segments.
(2)
This amount represents the goodwill recognized in connection with our acquisition of Navitas Midstream in February 2022.  See Note 12 for additional information regarding this acquisition.