Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net of Accumulated Depreciation

v3.21.2
Property, Plant and Equipment, Net of Accumulated Depreciation
 9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net of Accumulated Depreciation PROPERTY, PLANT AND EQUIPMENT, NET OF ACCUMULATED DEPRECIATION
 
As of September 30, 2021 and December 31, 2020, property, plant and equipment, net of accumulated depreciation consisted of the following (in millions):
September 30, December 31,
2021 2020
LNG terminal    
LNG terminal and interconnecting pipeline facilities $ 16,950  $ 16,908 
LNG terminal construction-in-process 2,623  2,154 
Accumulated depreciation (2,757) (2,344)
Total LNG terminal, net of accumulated depreciation 16,816  16,718 
Fixed assets    
Fixed assets 30  29 
Accumulated depreciation (26) (24)
Total fixed assets, net of accumulated depreciation 4  5 
Property, plant and equipment, net of accumulated depreciation $ 16,820  $ 16,723 
The following table shows depreciation expense during the three and nine months ended September 30, 2021 and 2020 (in millions):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Depreciation expense $ 139  $ 135  $ 414  $ 409