Gains and Losses on Divestitures, Impairments and Other Write-downs (Tables)

12 Months Ended

Dec. 31, 2023

Impairment of Goodwill, Long-lived assets and equity investments [Table Text Block]

We recognized the following non-cash pre-tax losses (gains) on divestitures, impairments or other write-downs on assets and equity investments during the years ended December 31, 2023, 2022, and 2021:


	Year Ended December 31,
	2023		2022		2021
	(In millions)
Natural Gas Pipelines
Impairments of long-lived assets(a)	$	—	$	—	$	1,600

Gain on sale of interest in NGPL Holdings(b)	—		—		(206)
Loss on write-down of related party note receivable(c)	—		—		117
Gains on divestitures of long-lived assets	(10)		(10)		(1)


Products Pipelines

Impairment of equity investment(d)	67		—		—
Gain on divestiture of long-lived asset	—		(12)		—

Terminals
Impairments of long-lived assets	—		—		34
(Gains) losses on divestitures of long-lived assets	(1)		(9)		2

CO2


Gains on divestitures of long-lived assets	(1)		(1)		(8)

Other gains on divestitures of long-lived assets	(3)		—		(3)
Pre-tax losses (gains) on divestitures, impairments and other write-downs, net	$	52	$	(32)	$	1,535

(a)2021 amount represents non-cash impairments associated with our South Texas gathering and processing assets.

(b)See Note 3.

(c)See “—Investment in Ruby” below for a further discussion.

(d)See “—Investments” below for a further discussion.