XML 81 R37.htm IDEA: XBRL DOCUMENT v3.22.4
PROPERTY, PLANT AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment by Property Type
The following table sets forth our property, plant and equipment by property type, as of the dates indicated:
Estimated Useful
Lives (Years)
December 31,
2022
December 31,
2021
  
(Thousands of dollars)
Nonregulated   
Gathering pipelines and related equipment
5 to 40
$4,671,063 $4,371,936 
Processing and fractionation and related equipment
3 to 40
5,396,165 5,356,508 
Storage and related equipment
3 to 54
926,300 874,522 
Transmission pipelines and related equipment
5 to 87
756,805 726,191 
General plant and other
2 to 60
716,310 678,410 
Construction work in process1,618,561 1,122,615 
Regulated
Storage and related equipment
5 to 25
9,659 9,197 
Natural gas transmission pipelines and related equipment
5 to 77
2,028,995 1,970,631 
NGL transmission pipelines and related equipment
5 to 87
8,575,980 8,445,523 
General plant and other
2 to 50
94,641 90,157 
Construction work in process220,656 174,849 
Property, plant and equipment 25,015,135 23,820,539 
Accumulated depreciation and amortization - nonregulated (3,151,214)(2,814,045)
Accumulated depreciation and amortization - regulated (1,911,395)(1,686,620)
Net property, plant and equipment $19,952,526 $19,319,874 
Average Depreciation Rates for Regulated Property
The average depreciation rates for our regulated property are set forth, by segment, in the following table for the periods indicated:
 Years Ended December 31,
 202220212020
Natural Gas Liquids2.2%2.2%2.2%
Natural Gas Pipelines2.3%2.2%2.2%