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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Pland and Equipment with Useful Life Classification The following table summarizes the components of the electric generation and distribution assets and other property, plant and equipment (in millions) with their estimated useful lives (in years). The amounts are stated net of all prior asset impairment losses recognized.
Estimated Useful LifeDecember 31,
(in years)20202019
Electric generation and distribution facilities
5-40
$24,239 $22,869 
Other buildings
5-51
1,507 1,612 
Furniture, fixtures and equipment
3-30
333 319 
Other
5-39
628 583 
Total electric generation and distribution assets and other26,707 25,383 
Accumulated depreciation(8,472)(8,505)
Net electric generation and distribution assets and other$18,235 $16,878 
Interest Capitalized During Development And Construction
The following table summarizes depreciation expense (including the amortization of assets recorded under finance leases in 2020 and 2019 or capital leases in 2018, and the amortization of asset retirement obligations) and interest capitalized during development and construction on qualifying assets for the periods indicated (in millions):
Years Ended December 31,202020192018
Depreciation expense $1,004 $977 $960 
Interest capitalized during development and construction307 238 199 
Net Asset Value Of Regulated And Non-Regulated Assets And Accumulated Depreciation
The following table summarizes regulated and non-regulated generation and distribution property, plant and equipment and accumulated depreciation as of the dates indicated (in millions):
December 31,20202019
Regulated generation and distribution assets and other, gross$8,858 $8,570 
Regulated accumulated depreciation(3,329)(3,029)
Regulated generation and distribution assets and other, net5,529 5,541 
Non-regulated generation and distribution assets and other, gross17,849 16,813 
Non-regulated accumulated depreciation(5,143)(5,476)
Non-regulated generation and distribution assets and other, net12,706 11,337 
Net electric generation and distribution assets and other$18,235 $16,878