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Property, plant and equipment including equipment held for lease (Tables)
12 Months Ended
Dec. 31, 2022
Schedule of depreciation expense

Depreciation expense for each of the three years ending December 31, 2022 is summarized below (in millions).

 

 

 

2022

 

 

2021

 

 

2020

 

Insurance and other

 

$

2,276

 

 

$

2,318

 

 

$

2,320

 

Railroad, utilities and energy

 

 

6,181

 

 

 

5,990

 

 

 

5,799

 

 

 

$

8,457

 

 

$

8,308

 

 

$

8,119

 

Insurance and Other [Member]  
Schedule of property, plant and equipment

A summary of property, plant and equipment of our insurance and other businesses follows (in millions).

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Land, buildings and improvements

 

$

14,761

 

 

$

14,070

 

Machinery and equipment

 

 

26,690

 

 

 

26,063

 

Furniture, fixtures and other

 

 

4,847

 

 

 

4,640

 

 

 

 

46,298

 

 

 

44,773

 

Accumulated depreciation

 

 

(25,185

)

 

 

(23,939

)

 

 

$

21,113

 

 

$

20,834

 

Railroad, Utilities and Energy [Member]  
Schedule of property, plant and equipment

A summary of property, plant and equipment of railroad and utilities and energy businesses follows (in millions). The utility generation, transmission and distribution systems and interstate natural gas pipeline assets are owned by regulated public utility and natural gas pipeline subsidiaries.

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Railroad:

 

 

 

 

 

 

Land, track structure and other roadway

 

$

67,350

 

 

$

65,843

 

Locomotives, freight cars and other equipment

 

 

16,031

 

 

 

13,822

 

Construction in progress

 

 

1,743

 

 

 

1,027

 

 

 

 

85,124

 

 

 

80,692

 

Accumulated depreciation

 

 

(17,899

)

 

 

(14,978

)

 

 

 

67,225

 

 

 

65,714

 

Utilities and energy:

 

 

 

 

 

 

Utility generation, transmission and distribution systems

 

 

92,759

 

 

 

90,223

 

Interstate natural gas pipeline assets

 

 

18,328

 

 

 

17,423

 

Independent power plants and other assets

 

 

14,650

 

 

 

13,695

 

Construction in progress

 

 

5,357

 

 

 

4,196

 

 

 

 

131,094

 

 

 

125,537

 

Accumulated depreciation

 

 

(38,051

)

 

 

(35,721

)

 

 

 

93,043

 

 

 

89,816

 

 

 

$

160,268

 

 

$

155,530