Property, Plant and Equipment

3 Months Ended

Mar. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

PROPERTY, PLANT AND EQUIPMENT

As of March 31, 2021 and December 31, 2020, property, plant and equipment, net consisted of the following (in millions):

	March 31,		December 31,
	2021		2020
LNG terminal costs
LNG terminal and interconnecting pipeline facilities	$	16,909	$	16,908
LNG terminal construction-in-process	2,300		2,154
Accumulated depreciation	(2,481)		(2,344)
Total LNG terminal costs, net	16,728		16,718
Fixed assets
Fixed assets	30		29
Accumulated depreciation	(24)		(24)
Total fixed assets, net	6		5
Property, plant and equipment, net	$	16,734	$	16,723

The following table shows depreciation expense during the three months ended March 31, 2021 and 2020 (in millions):

	Three Months Ended March 31,
	2021		2020
Depreciation expense	$	138	$	137