PROPERTY, PLANT AND EQUIPMENT (Notes) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PROPERTY, PLANT AND EQUIPMENT |
The following table sets forth our property, plant and equipment by property type, for the periods indicated:
We compute depreciation expense by applying composite, straight-line rates of 2.0 percent to 3.0 percent that were approved by various regulatory authorities. We recorded capitalized interest of $3.6 million, $2.6 million and $2.5 million for the years ended December 31, 2016, 2015 and 2014, respectively. We incurred liabilities for construction work in process and asset removal costs that had not been paid at December 31, 2016, 2015 and 2014 of $11.9 million, $15.0 million and $7.0 million, respectively. Such amounts are not included in capital expenditures on the Statements of Cash Flows. |