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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2023
Intangible Assets and Goodwill [Abstract]  
Intangible Assets by Segment
The following table summarizes our intangible assets by business segment at the dates indicated:

   
March 31, 2023
   
December 31, 2022
 
 
 
Gross
Value
   
Accumulated
Amortization
   
Carrying
Value
   
Gross
Value
   
Accumulated
Amortization
   
Carrying
Value
 
NGL Pipelines & Services:
                                   
Customer relationship intangibles
 
$
449
   
$
(253
)
 
$
196
   
$
449
   
$
(249
)
 
$
200
 
Contract-based intangibles
   
749
     
(89
)
   
660
     
749
     
(84
)
   
665
 
Segment total
   
1,198
     
(342
)
   
856
     
1,198
     
(333
)
   
865
 
Crude Oil Pipelines & Services:
                                               
Customer relationship intangibles
   
2,195
     
(453
)
   
1,742
     
2,195
     
(431
)
   
1,764
 
Contract-based intangibles
   
283
     
(272
)
   
11
     
283
     
(271
)
   
12
 
Segment total
   
2,478
     
(725
)
   
1,753
     
2,478
     
(702
)
   
1,776
 
Natural Gas Pipelines & Services:
                                               
Customer relationship intangibles
   
1,350
     
(596
)
   
754
     
1,350
     
(588
)
   
762
 
Contract-based intangibles
   
639
     
(199
)
   
440
     
639
     
(195
)
   
444
 
Segment total
   
1,989
     
(795
)
   
1,194
     
1,989
     
(783
)
   
1,206
 
Petrochemical & Refined Products Services:
                                               
Customer relationship intangibles
   
181
     
(82
)
   
99
     
181
     
(80
)
   
101
 
Contract-based intangibles
   
45
     
(28
)
   
17
     
45
     
(28
)
   
17
 
Segment total
   
226
     
(110
)
   
116
     
226
     
(108
)
   
118
 
Total intangible assets
 
$
5,891
   
$
(1,972
)
 
$
3,919
   
$
5,891
   
$
(1,926
)
 
$
3,965
 
Amortization Expense of Intangible Assets by Segment
The following table presents the amortization expense of our intangible assets by business segment for the periods indicated:

 
 
For the Three Months
Ended March 31,
 
 
 
2023
   
2022
 
NGL Pipelines & Services
 
$
9
   
$
8
 
Crude Oil Pipelines & Services
   
23
     
20
 
Natural Gas Pipelines & Services
   
12
     
11
 
Petrochemical & Refined Products Services
   
2
     
2
 
Total
 
$
46
   
$
41
 
Forecasted Amortization Expense
The following table presents our forecast of amortization expense associated with existing intangible assets for the periods indicated:

Remainder
of 2023
   
2024
   
2025
   
2026
   
2027
 
$
154
   
$
222
   
$
230
   
$
237
   
$
235