Property, Plant And Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):



	December 31,				Estimated Depreciable Lives
	2012		2013		Estimated Depreciable Lives
Construction work-in-progress	$	247,571	$	165,129
Land and rights-of-way	83,014		78,405
Carrier property	1,835,265		2,135,905		7 to 59 years
Buildings	37,672		41,383		20 to 55 years
Storage tanks	975,277		1,141,271		10 to 40 years
Pipeline and station equipment	479,531		593,396		3 to 59 years
Processing equipment	645,140		716,103		3 to 56 years
Other	105,080		115,158		3 to 48 years
Property, Plant and Equipment, Gross	$	4,408,550	$	4,986,750

Carrier property is defined as pipeline assets regulated by the FERC. Other includes total interest capitalized as of December 31, 2012 and 2013 of $24.3 million and $33.2 million, respectively. Depreciation expense for the years ended December 31, 2011, 2012 and 2013 was $118.9 million, $126.7 million and $136.4 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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