Marathon Petroleum Corp
For the period ended Sep 30, 2026. Filed Nov 3, 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.
Sep 30, 2026 · Filed Nov 3, 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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14. Property, Plant and Equipment (PP&E)
- Property, Plant and Equipment (PP&E)
| September 30, 2026 | December 31, 2025 | |||||
|---|---|---|---|---|---|---|
| (In millions) | Gross PP&E | Accumulated Depreciation | Net PP&E | Gross PP&E | Accumulated Depreciation | Net PP&E |
| Refining & Marketing | $35,169 | $21,438 | $13,731 | $34,372 | $20,462 | $13,910 |
| Midstream | 36,239 | 12,677 | 23,562 | 34,057 | 11,690 | 22,367 |
| Renewable Diesel | 970 | 441 | 529 | 970 | 396 | 574 |
| Corporate | 1,593 | 1,122 | 471 | 1,610 | 1,064 | 546 |
| Total | $73,971 | $35,678 | $38,293 | $71,009 | $33,612 | $37,397 |
Depreciation expense was $758 million and $2.25 billion for the three and nine months ended September 30, 2026, respectively, and $769 million and $2.22 billion for the three and nine months ended September 30, 2025, respectively.
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