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Property, Plant and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2022

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


		As of
	Depreciable	June 30,		December 31,
	Life	2022		2021
Regulated assets:
Utility generation, transmission and distribution systems	5-80 years	$	90,810	$	90,223
Interstate natural gas pipeline assets	3-80 years	17,547		17,423
		108,357		107,646
Accumulated depreciation and amortization		(33,618)		(32,680)
Regulated assets, net		74,739		74,966

Nonregulated assets:
Independent power plants	2-50 years	8,073		7,665
Cove Point LNG facility	40 years	3,373		3,364
Other assets	2-30 years	3,042		2,666
		14,488		13,695
Accumulated depreciation and amortization		(3,206)		(3,041)
Nonregulated assets, net		11,282		10,654

Net operating assets		86,021		85,620
Construction work-in-progress		4,774		4,196
Property, plant and equipment, net		$	90,795	$	89,816

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


		As of
		June 30,		December 31,
	Depreciable Life	2022		2021
Utility Plant:
Generation	15 - 59 years	$	13,770	$	13,679
Transmission	60 - 90 years	7,952		7,894
Distribution	20 - 75 years	8,211		8,044
Intangible plant(1)	5 - 75 years	1,114		1,106
Other	5 - 60 years	1,584		1,539
Utility plant in-service		32,631		32,262
Accumulated depreciation and amortization		(10,874)		(10,507)
Utility plant in-service, net		21,757		21,755
Other non-regulated, net of accumulated depreciation and amortization	14 - 95 years	18		18
Plant, net		21,775		21,773
Construction work-in-progress		1,639		1,141
Property, plant and equipment, net		$	23,414	$	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 (in millions):


		As of
		June 30,		December 31,
	Depreciable Life	2022		2021
Utility plant in-service, net:
Generation	20-70 years	$	17,737	$	17,397
Transmission	52-75 years	2,583		2,474
Electric distribution	20-75 years	4,725		4,661
Natural gas distribution	29-75 years	2,049		2,039
Utility plant in-service		27,094		26,571
Accumulated depreciation and amortization		(7,658)		(7,376)
Utility plant in-service, net		19,436		19,195
Nonregulated property, net:
Nonregulated property, gross	20-50 years	7		7
Accumulated depreciation and amortization		(1)		(1)
Nonregulated property, net		6		6
		19,442		19,201
Construction work-in-progress		1,062		1,100
Property, plant and equipment, net		$	20,504	$	20,301

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


		As of
	Depreciable Life	June 30,		December 31,
		2022		2021
Utility plant:
Generation	30 - 55 years	$	3,879	$	3,793
Transmission	45 - 70 years	1,527		1,503
Distribution	20 - 65 years	4,021		3,920
General and intangible plant	5 - 65 years	834		836
Utility plant		10,261		10,052
Accumulated depreciation and amortization		(3,517)		(3,406)
Utility plant, net		6,744		6,646
Other non-regulated, net of accumulated depreciation and amortization	45 years	1		1
Plant, net		6,745		6,647
Construction work-in-progress		370		244
Property, plant and equipment, net		$	7,115	$	6,891

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


		As of
	Depreciable Life	June 30,		December 31,
		2022		2021
Utility plant:
Electric generation	25 - 60 years	$	1,297	$	1,163
Electric transmission	50 - 100 years	976		940
Electric distribution	20 - 100 years	1,905		1,846
Electric general and intangible plant	5 - 70 years	213		204
Natural gas distribution	35 - 70 years	447		438
Natural gas general and intangible plant	5 - 70 years	15		14
Common general	5 - 70 years	376		370
Utility plant		5,229		4,975
Accumulated depreciation and amortization		(1,936)		(1,854)
Utility plant, net		3,293		3,121


Construction work-in-progress		183		219
Property, plant and equipment, net		$	3,476	$	3,340

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


		As of
		June 30,		December 31,
	Depreciable Life	2022		2021
Utility Plant:

Interstate natural gas pipeline assets	21 - 44 years	$	8,728	$	8,675
Intangible plant	5 - 10 years	106		110
Utility plant in-service		8,834		8,785
Accumulated depreciation and amortization		(2,962)		(2,901)
Utility plant in-service, net		5,872		5,884

Nonutility Plant:

LNG facility	40 years	4,484		4,475
Intangible plant	14 years	25		25
Nonutility plant in-service		4,509		4,500
Accumulated depreciation and amortization		(484)		(423)
Nonutility plant in-service, net		4,025		4,077

Plant, net		9,897		9,961
Construction work-in-progress		234		239
Property, plant and equipment, net		$	10,131	$	10,200