Marathon Petroleum Corp
For the period ended Jun 30, 2026. Filed Aug 4, 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.
Jun 30, 2026 · Filed Aug 4, 2026
MPC$389.55-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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13. Property, Plant and Equipment (PP&E)
- Property, Plant and Equipment (PP&E)
| June 30, 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 | $34,918 | $21,148 | $13,770 | $34,372 | $20,462 | $13,910 |
| Midstream | 35,450 | 12,345 | 23,105 | 34,057 | 11,690 | 22,367 |
| Renewable Diesel | 970 | 426 | 544 | 970 | 396 | 574 |
| Corporate | 1,569 | 1,046 | 523 | 1,610 | 1,064 | 546 |
| Total | $72,907 | $34,965 | $37,942 | $71,009 | $33,612 | $37,397 |
Depreciation expense was $762 million and $1.49 billion for the three and six months ended June 30, 2026, respectively, and $723 million and $1.45 billion for the three and six months ended June 30, 2025, respectively.
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