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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 2023
Intangible Assets and Goodwill [Abstract]  
Intangible Assets by Segment
The following table summarizes our intangible assets by business segment at the dates indicated:

   
June 30, 2023
   
December 31, 2022
 
 
 
Gross
Value
   
Accumulated
Amortization
   
Carrying
Value
   
Gross
Value
   
Accumulated
Amortization
   
Carrying
Value
 
NGL Pipelines & Services:
                                   
Customer relationship intangibles
 
$
449
   
$
(257
)
 
$
192
   
$
449
   
$
(249
)
 
$
200
 
Contract-based intangibles
   
751
     
(95
)
   
656
     
749
     
(84
)
   
665
 
Segment total
   
1,200
     
(352
)
   
848
     
1,198
     
(333
)
   
865
 
Crude Oil Pipelines & Services:
                                               
Customer relationship intangibles
   
2,195
     
(477
)
   
1,718
     
2,195
     
(431
)
   
1,764
 
Contract-based intangibles
   
283
     
(273
)
   
10
     
283
     
(271
)
   
12
 
Segment total
   
2,478
     
(750
)
   
1,728
     
2,478
     
(702
)
   
1,776
 
Natural Gas Pipelines & Services:
                                               
Customer relationship intangibles
   
1,350
     
(607
)
   
743
     
1,350
     
(588
)
   
762
 
Contract-based intangibles
   
639
     
(201
)
   
438
     
639
     
(195
)
   
444
 
Segment total
   
1,989
     
(808
)
   
1,181
     
1,989
     
(783
)
   
1,206
 
Petrochemical & Refined Products Services:
                                               
Customer relationship intangibles
   
181
     
(83
)
   
98
     
181
     
(80
)
   
101
 
Contract-based intangibles
   
45
     
(29
)
   
16
     
45
     
(28
)
   
17
 
Segment total
   
226
     
(112
)
   
114
     
226
     
(108
)
   
118
 
Total intangible assets
 
$
5,893
   
$
(2,022
)
 
$
3,871
   
$
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 June 30,
   
For the Six Months
Ended June 30,
 
 
 
2023
   
2022
   
2023
   
2022
 
NGL Pipelines & Services
 
$
10
   
$
9
   
$
19
   
$
17
 
Crude Oil Pipelines & Services
   
25
     
21
     
48
     
41
 
Natural Gas Pipelines & Services
   
13
     
14
     
25
     
25
 
Petrochemical & Refined Products Services
   
2
     
1
     
4
     
3
 
Total
 
$
50
   
$
45
   
$
96
   
$
86
 
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
 
$
107
   
$
222
   
$
230
   
$
237
   
$
235