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Property, Plant and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment
Property, plant and equipment, net consists of the following (in millions):
   As of
 Depreciable March 31, December 31,
Life20232022
Regulated assets:   
Utility generation, transmission and distribution systems
5-80 years
 $93,123  $92,759 
Interstate natural gas pipeline assets
3-80 years
 18,492  18,328 
   111,615 111,087 
Accumulated depreciation and amortization  (35,395) (34,599)
Regulated assets, net  76,220 76,488 
      
Nonregulated assets:     
Independent power plants
2-50 years
 8,514  8,545 
Cove Point LNG facility40 years3,416 3,412 
Other assets
2-30 years
 2,680  2,693 
   14,610 14,650 
Accumulated depreciation and amortization  (3,493) (3,452)
Nonregulated assets, net  11,117 11,198 
      
  87,337 87,686 
Construction work-in-progress  6,246  5,357 
Property, plant and equipment, net  $93,583 $93,043 
PAC  
Property, Plant and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
  As of
 March 31,December 31,
Depreciable Life20232022
Utility plant: 
Generation
15 - 59 years
$13,721 $13,726 
Transmission
60 - 90 years
8,063 8,051 
Distribution
20 - 75 years
8,578 8,477 
Intangible plant(1) and other
5 - 75 years
2,758 2,755 
Utility plant in-service33,120 33,009 
Accumulated depreciation and amortization (11,256)(11,093)
Utility plant in-service, net 21,864 21,916 
Nonregulated, net of accumulated depreciation and amortization
14 - 95 years
18 18 
21,882 21,934 
Construction work-in-progress 2,813 2,496 
Property, plant and equipment, net $24,695 $24,430 
(1)Computer software costs included in intangible plant are initially assigned a depreciable life of 5 to 10 years.
MEC  
Property, Plant and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment Property, plant and equipment, net consists of the following (in millions):
As of
March 31,December 31,
Depreciable Life20232022
Utility plant:
Generation
20-62 years
$18,385 $18,582 
Transmission
55-80 years
2,672 2,662 
Electric distribution
15-80 years
4,983 4,931 
Natural gas distribution
30-75 years
2,166 2,144 
Utility plant in-service28,206 28,319 
Accumulated depreciation and amortization(8,210)(8,024)
Utility plant in-service, net19,996 20,295 
Nonregulated property, net of accumulated depreciation and amortization
20-50 years
20,002 20,301 
Construction work-in-progress979 790 
Property, plant and equipment, net$20,981 $21,091 
NPC  
Property, Plant and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
Depreciable LifeMarch 31,December 31,
20232022
Utility plant:
Generation
30 - 55 years
$3,977 $3,977 
Transmission
45 - 70 years
1,569 1,562 
Distribution
20 - 65 years
4,189 4,134 
General and intangible plant
5 - 65 years
887 871 
Utility plant10,622 10,544 
Accumulated depreciation and amortization(3,677)(3,624)
Utility plant, net6,945 6,920 
Non-regulated, net of accumulated depreciation and amortization
45 years
6,946 6,921 
Construction work-in-progress703 485 
Property, plant and equipment, net$7,649 $7,406 
SPPC  
Property, Plant and Equipment [Line Items]  
Public Utility Property, Plant, and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
Depreciable LifeMarch 31,December 31,
20232022
Utility plant:
Electric generation
25 - 70 years
$1,301 $1,298 
Electric transmission
50 - 76 years
995 993 
Electric distribution
20 - 76 years
1,999 1,983 
Electric general and intangible plant
5 - 65 years
221 219 
Natural gas distribution
35 - 70 years
459 455 
Natural gas general and intangible plant
5 - 65 years
16 15 
Common general
5 - 65 years
380 380 
Utility plant5,371 5,343 
Accumulated depreciation and amortization(2,024)(1,992)
3,347 3,351 
Construction work-in-progress275 236 
Property, plant and equipment, net$3,622 $3,587 
EEGH  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment Property, plant and equipment, net consists of the following (in millions):
As of
March 31,December 31,
Depreciable Life20232022
Utility plant:
Interstate natural gas transmission and storage assets
21 - 52 years
$9,053 $8,922 
Intangible plant
5 - 18 years
116 113 
Utility plant in-service9,169 9,035 
Accumulated depreciation and amortization(3,075)(3,039)
Utility plant in-service, net6,094 5,996 
Nonutility plant:
LNG facility40 years4,526 4,522 
Intangible plant14 years25 25 
Nonutility plant4,551 4,547 
Accumulated depreciation and amortization(574)(542)
Nonutility plant, net3,977 4,005 
10,071 10,001 
Construction work-in-progress210 201 
Property, plant and equipment, net$10,281 $10,202 
EGTS  
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment
Property, plant and equipment, net consists of the following (in millions):
As of
March 31,December 31,
Depreciable Life20232022
Interstate natural gas transmission and storage assets
28 - 50 years
$6,842 $6,724 
Intangible plant
12 - 20 years
80 79 
Plant in-service6,922 6,803 
Accumulated depreciation and amortization(2,465)(2,440)
4,457 4,363 
Construction work-in-progress147 141 
Property, plant and equipment, net$4,604 $4,504