XML 132 R82.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2022

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


	Depreciable Life	2022		2021
Regulated assets:
Utility generation, transmission and distribution systems	5-80 years	$	92,759	$	90,223
Interstate natural gas pipeline assets	3-80 years	18,328		17,423
		111,087		107,646
Accumulated depreciation and amortization		(34,599)		(32,680)
Regulated assets, net		76,488		74,966

Nonregulated assets:
Independent power plants	2-50 years	8,545		7,665
Cove Point LNG facility	40 years	3,412		3,364
Other assets	2-30 years	2,693		2,666
		14,650		13,695
Accumulated depreciation and amortization		(3,452)		(3,041)
Nonregulated assets, net		11,198		10,654

		87,686		85,620
Construction work-in-progress		5,357		4,196
Property, plant and equipment, net		$	93,043	$	89,816

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


	Depreciable Life	2022		2021
Utility Plant:
Generation	15 - 59 years	$	13,726	$	13,679
Transmission	60 - 90 years	8,051		7,894
Distribution	20 - 75 years	8,477		8,044
Intangible plant(1) and other	5 - 75 years	2,755		2,645

Utility plant in-service		33,009		32,262
Accumulated depreciation and amortization		(11,093)		(10,507)
Utility plant in-service, net		21,916		21,755
Nonregulated, net of accumulated depreciation and amortization	14 - 95 years	18		18
		21,934		21,773
Construction work-in-progress		2,496		1,141
Property, plant and equipment, net		$	24,430	$	22,914

(1)Computer software costs included in intangible plant are initially assigned a depreciable life of 5 to 10 years.

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


	Depreciable Life	2022		2021
Utility plant:
Generation	20-62 years	$	18,582	$	17,397
Transmission	55-80 years	2,662		2,474
Electric distribution	15-80 years	4,931		4,661
Natural gas distribution	30-75 years	2,144		2,039
Utility plant in-service		28,319		26,571
Accumulated depreciation and amortization		(8,024)		(7,376)
Utility plant in-service, net		20,295		19,195



Nonregulated property, net of accumulated depreciation and amortization	20-50 years	6		6
		20,301		19,201
Construction work-in-progress		790		1,100
Property, plant and equipment, net		$	21,091	$	20,301

The average depreciation and amortization rates applied to depreciable utility plant for the years ended December 31 were as follows:

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


	Depreciable Life	2022		2021
Utility plant:
Generation	30 - 55 years	$	3,977	$	3,793
Transmission	45 - 70 years	1,562		1,503
Distribution	20 - 65 years	4,134		3,920
General and intangible plant	5 - 65 years	871		836
Utility plant		10,544		10,052
Accumulated depreciation and amortization		(3,624)		(3,406)
Utility plant, net		6,920		6,646
Nonregulated, net of accumulated depreciation and amortization	45 years	1		1
		6,921		6,647
Construction work-in-progress		485		244
Property, plant and equipment, net		$	7,406	$	6,891

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


	Depreciable Life	2022		2021
Utility plant:
Electric generation	25 - 60 years	$	1,298	$	1,163
Electric transmission	50 - 100 years	993		940
Electric distribution	20 - 100 years	1,983		1,846
Electric general and intangible plant	5 - 70 years	219		204
Natural gas distribution	35 - 70 years	455		438
Natural gas general and intangible plant	5 - 70 years	15		14
Common general	5 - 70 years	380		370
Utility plant		5,343		4,975
Accumulated depreciation and amortization		(1,992)		(1,854)
Utility plant, net		3,351		3,121


Construction work-in-progress		236		219
Property, plant and equipment, net		$	3,587	$	3,340

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


	Depreciable Life	2022		2021
Utility Plant:

Interstate natural gas pipeline and storage assets	21 - 52 years	$	8,922	$	8,675
Intangible plant	5 - 18 years	113		110
Utility plant in-service		9,035		8,785
Accumulated depreciation and amortization		(3,039)		(2,901)
Utility plant in-service, net		5,996		5,884

Nonutility Plant:

LNG facility	40 years	4,522		4,475
Intangible plant	14 years	25		25
Nonutility plant		4,547		4,500
Accumulated depreciation and amortization		(542)		(423)
Nonutility plant, net		4,005		4,077

		10,001		9,961
Construction work- in-progress		201		239
Property, plant and equipment, net		$	10,202	$	10,200

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


	Depreciable Life	2022		2021


Interstate natural gas pipeline and storage assets	28 - 50 years	$	6,724	$	6,517
Intangible plant	12 - 20 years	79		74
Plant in-service		6,803		6,591
Accumulated depreciation and amortization		(2,440)		(2,339)
		4,363		4,252
Construction work-in-progress		141		188
Property, plant and equipment, net		$	4,504	$	4,440