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Property, Plant and Equipment, Net of Accumulated Depreciation
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net of Accumulated Depreciation PROPERTY, PLANT AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION
 
Property, plant and equipment, net of accumulated depreciation consisted of the following (in millions):
June 30,December 31,
20252024
Terminal and related assets  
Terminal and interconnecting pipeline facilities$35,566 $34,282 
Land572 465 
Construction-in-process5,523 5,486 
Accumulated depreciation(7,815)(7,231)
Total terminal and related assets, net of accumulated depreciation33,846 33,002 
Fixed assets and other  
Computer and office equipment38 36 
Furniture and fixtures33 31 
Computer software123 122 
Leasehold improvements47 47 
Other24 24 
Accumulated depreciation(195)(188)
Total fixed assets and other, net of accumulated depreciation70 72 
Assets under finance leases
Marine assets1,060 587 
Accumulated depreciation(147)(109)
Total assets under finance leases, net of accumulated depreciation913 478 
Property, plant and equipment, net of accumulated depreciation$34,829 $33,552 
The following table shows depreciation expense and offsets to LNG terminal costs (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Depreciation expense$327 $303 $636 $603 
Offsets to LNG terminal costs (1)7 — 55 — 
(1)We recognize offsets to LNG terminal costs related to the sale of commissioning volumes because these amounts were earned or loaded prior to the start of commercial operations of the respective Trains of the Liquefaction Projects during the testing phase for its construction.