Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.21.1
Property, Plant and Equipment
 3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment PROPERTY, PLANT AND EQUIPMENT
 
As of March 31, 2021 and December 31, 2020, property, plant and equipment, net consisted of the following (in millions):
March 31, December 31,
2021 2020
LNG terminal costs    
LNG terminal and interconnecting pipeline facilities $ 16,909  $ 16,908 
LNG terminal construction-in-process 2,300  2,154 
Accumulated depreciation (2,481) (2,344)
Total LNG terminal costs, net 16,728  16,718 
Fixed assets    
Fixed assets 30  29 
Accumulated depreciation (24) (24)
Total fixed assets, net 6  5 
Property, plant and equipment, net $ 16,734  $ 16,723 
The following table shows depreciation expense during the three months ended March 31, 2021 and 2020 (in millions):
Three Months Ended March 31,
2021 2020
Depreciation expense $ 138  $ 137