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Marathon Petroleum MPC Midstream — Gross PP&E
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Where this comes from
Reported directly by Marathon Petroleum in its filing.
Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.
The source filing: Marathon Petroleum’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 1:03 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001510295-26-000042
| (Millions of dollars) | March 31, 2026 / Gross PP&E | March 31, 2026 / Accumulated Depreciation | March 31, 2026 / Net PP&E | December 31, 2025 / Gross PP&E | December 31, 2025 / Accumulated Depreciation | December 31, 2025 / Net PP&E |
|---|---|---|---|---|---|---|
| Refining & Marketing | $34,659 | $20,810 | $13,849 | $34,372 | $20,462 | $13,910 |
| Midstream | 34,669 | 12,015 | 22,654 | 34,057 | 11,690 | 22,367 |
| Renewable Diesel | 970 | 411 | 559 | 970 | 396 | 574 |
| Corporate | 1,615 | 1,080 | 535 | 1,610 | 1,064 | 546 |
| Total | $71,913 | $34,316 | $37,597 | $71,009 | $33,612 | $37,397 |
Item 1. Financial Statements
FAQ
- What is Marathon Petroleum's midstream — gross PP&E?
- Marathon Petroleum (MPC) reported midstream — gross PP&E of $34.67B in Q1 2026.
- How has Marathon Petroleum's midstream — gross PP&E changed year-over-year?
- Marathon Petroleum's midstream — gross PP&E increased by 11.9% year-over-year, from $30.99B to $34.67B.
- What is the long-term trend for Marathon Petroleum's midstream — gross PP&E?
- Over 3 years (2022 to 2025), Marathon Petroleum's midstream — gross PP&E has grown at a 5.1% compound annual growth rate (CAGR), from $111.7B to $129.74B.
- What does midstream — gross PP&E mean?
- Represents the total historical cost of all physical assets, such as pipelines, storage tanks, and processing facilities, owned by the midstream segment before accounting for depreciation. This figure reflects the total capital investment made to build or acquire the infrastructure necessary to transport and process energy products.
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