Energy Transfer 2015 Annual Report Download - page 180

Table of Contents
Components and useful lives of property, plant and equipment were as follows:
December 31,
2015
2014
Land and improvements $ 686
$ 1,307
Buildings and improvements (1 to 45 years) 1,526
1,918
Pipelines and equipment (5 to 83 years) 33,148
27,164
Natural gas and NGL storage facilities (5 to 46 years) 391
1,215
Bulk storage, equipment and facilities (2 to 83 years) 2,853
2,583
Tanks and other equipment (5 to 40 years) 60
58
Retail equipment (2 to 99 years) 401
515
Vehicles (1 to 25 years) 220
203
Right of way (20 to 83 years) 2,573
2,445
Furniture and fixtures (2 to 25 years) 55
57
Linepack 61
119
Pad gas 44
44
Natural resources 484
454
Other (1 to 30 years) 523
979
Construction work-in-process 7,844
4,343
50,869
43,404
Less – Accumulated depreciation and depletion (5,782)
(4,497)
Property, plant and equipment, net $ 45,087
$ 38,907
We recognized the following amounts for the periods presented:
Years Ended December 31,
2015
2014
2013
Depreciation and depletion expense $ 1,713
$ 1,457
$ 1,202
Capitalized interest, excluding AFUDC $ 163
$ 101
$ 45
Advances to and Investments in Unconsolidated Affiliates
We own interests in a number of related businesses that are accounted for by the equity method. In general, we use the equity method of accounting for
an investment for which we exercise significant influence over, but do not control, the investee’s operating and financial policies.
Other Non-Current Assets, net
Other non-current assets, net are stated at cost less accumulated amortization. Other non-current assets, net consisted of the following:
December 31,
2015
2014
Unamortized financing costs(1) $ 11
$ 30
Regulatory assets 90
85
Deferred charges 198
220
Restricted funds 192
177
Other 45
132
Total other non-current assets, net $ 536
$ 644
(1) Includes unamortized financing costs related to the Partnership’s revolving credit facilities.
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