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Property, Plant and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2024
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,
Life20242023
Regulated assets:   
Utility generation, transmission and distribution systems
5-80 years
 $96,675  $96,195 
Interstate natural gas pipeline assets
3-80 years
 19,357  19,226 
   116,032 115,421 
Accumulated depreciation and amortization  (36,985) (36,365)
Regulated assets, net  79,047 79,056 
      
Nonregulated assets:     
Independent power plants
2-50 years
 8,518  8,484 
Cove Point LNG facility40 years3,435 3,423 
Other assets
2-30 years
 2,877  2,874 
   14,830 14,781 
Accumulated depreciation and amortization  (3,916) (3,856)
Nonregulated assets, net  10,914 10,925 
      
  89,961 89,981 
Construction work-in-progress  9,910  9,267 
Property, plant and equipment, net  $99,871 $99,248 
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 Life20242023
Utility plant: 
Generation
15 - 59 years
$13,964 $13,904 
Transmission
60 - 90 years
8,278 8,216 
Distribution
20 - 75 years
9,204 9,060 
Intangible plant and other
5 - 75 years
2,854 2,833 
Utility plant in-service34,300 34,013 
Accumulated depreciation and amortization (11,924)(11,725)
Utility plant in-service, net 22,376 22,288 
Nonregulated, net of accumulated depreciation and amortization
14 - 95 years
19 18 
22,395 22,306 
Construction work-in-progress 5,076 4,745 
Property, plant and equipment, net $27,471 $27,051 
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 Life20242023
Utility plant:
Generation
20-62 years
$18,132 $18,129 
Transmission
55-80 years
2,853 2,834 
Electric distribution
15-80 years
5,352 5,288 
Natural gas distribution
30-75 years
2,317 2,294 
Utility plant in-service28,654 28,545 
Accumulated depreciation and amortization(8,018)(7,841)
Utility plant in-service, net20,636 20,704 
Nonregulated, net of accumulated depreciation and amortization
20-50 years
20,642 20,710 
Construction work-in-progress1,443 1,260 
Property, plant and equipment, net$22,085 $21,970 
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,
20242023
Utility plant:
Generation
30 - 65 years
$4,511 $4,476 
Transmission
55 - 76 years
1,630 1,590 
Distribution
24 - 70 years
4,518 4,451 
Intangible plant and other
5 - 65 years
907 906 
Utility plant11,566 11,423 
Accumulated depreciation and amortization(3,926)(3,856)
Utility plant, net7,640 7,567 
Nonregulated, net of accumulated depreciation and amortization
40 years
7,641 7,568 
Construction work-in-progress1,206 1,090 
Property, plant and equipment, net$8,847 $8,658 
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,
20242023
Utility plant:
Generation
25 - 70 years
$1,314 $1,313 
Transmission
50 - 76 years
1,043 1,023 
Electric distribution
20 - 76 years
2,109 2,074 
Electric intangible plant and other
5 - 65 years
249 247 
Natural gas distribution
35 - 70 years
541 537 
Natural gas intangible plant and other
5 - 65 years
17 17 
Common other
5 - 65 years
378 376 
Utility plant5,651 5,587 
Accumulated depreciation and amortization(2,123)(2,091)
3,528 3,496 
Construction work-in-progress355 326 
Property, plant and equipment, net$3,883 $3,822 
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 Life20242023
Utility plant:
Interstate natural gas transmission and storage assets
23 - 49 years
$9,353 $9,318 
Intangible plant
5 - 18 years
117 117 
Utility plant in-service9,470 9,435 
Accumulated depreciation and amortization(3,246)(3,201)
Utility plant in-service, net6,224 6,234 
Nonutility plant:
LNG facility40 years4,545 4,533 
Accumulated depreciation and amortization(686)(655)
Nonutility plant, net3,859 3,878 
10,083 10,112 
Construction work-in-progress234 231 
Property, plant and equipment, net$10,317 $10,343 
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 Life20242023
Interstate natural gas transmission and storage assets
28 - 50 years
$7,060 $7,046 
Intangible plant
12 - 20 years
82 80 
Plant in-service7,142 7,126 
Accumulated depreciation and amortization(2,598)(2,563)
4,544 4,563 
Construction work-in-progress159 152 
Property, plant and equipment, net$4,703 $4,715