Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

(3) Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following as of December 31 (in millions):



	Depreciable
	Life	2011			2010
Regulated assets:
Utility generation, distribution and transmission system	5-80 years	$	40,180		$	37,643
Interstate pipeline assets	3-80 years	6,245			5,906
		46,425			43,549
Accumulated depreciation and amortization		(14,390		)	(13,711		)
Regulated assets, net		32,035			29,838

Nonregulated assets:
Independent power plants	5-30 years	677			678
Other assets	3-30 years	429			419
		1,106			1,097
Accumulated depreciation and amortization		(533		)	(492		)
Nonregulated assets, net		573			605

Net operating assets		32,608			30,443
Construction work-in-progress		1,559			1,456
Property, plant and equipment, net		$	34,167		$	31,899

Substantially all of the construction work-in-progress as of December 31, 2011 and 2010 relates to the construction of regulated assets.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details