Marathon Petroleum Corp
For the period ended Mar 31, 2026. Filed May 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 5, 2026
MPC$389.55-0.1%Stored close · as of Nov 10, 2026
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13. Property, Plant and Equipment (PP&E)
- Property, Plant and Equipment (PP&E)
| March 31, 2026 | December 31, 2025 | |||||
|---|---|---|---|---|---|---|
| (Millions of dollars) | Gross PP&E | Accumulated Depreciation | Net PP&E | Gross PP&E | Accumulated Depreciation | 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 |
Depreciation expense was $732 million and $727 million for the three months ended March 31, 2026 and March 31, 2025, respectively.
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