v3.25.4

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Summary of Property, Plant and Equipment

Property, plant and equipment, net consisted of the following:

(in millions)						December 31, 2025						December 31, 2024
Processing units, pipelines and equipment						$	5,839.3					$	5,727.4
Construction in progress						1,073.5						507.6
Land						519.2						527.9
Computers, furniture and fixtures						268.5						258.3
Buildings and leasehold improvements						210.4						212.1
						7,910.9						7,233.3
Less—Accumulated depreciation						(2,393.1)						(2,165.6)
Total property, plant and equipment, net						$	5,517.8					$	5,067.7

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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