XML 85 R71.htm IDEA: XBRL DOCUMENT v3.24.0.1
TAXES - Reconciliation of Federal Income Tax Expense (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
May 31, 2022
Reconciliation of federal income tax expense at the federal statutory rate to the total provision for income taxes            
Income from continuing operations, before income taxes     $ 1,464 $ 1,439 $ 1,559  
Federal income tax expense at the 21% statutory rate     307 302 327  
Increases (reductions) in taxes resulting from-            
State and municipal income taxes, net of federal tax benefit     80 56 122  
AFUDC equity and other flow-through     (30) (26) (29)  
Amortization of investment tax credits     (3) (4) (4)  
Deferred gain on 19.9% FET minority interest sale     58 752 0  
Federal tax credits claimed     (3) (3) (34)  
Nondeductible DPA monetary penalty     0 0 52  
Excess deferred tax amortization due to the Tax Act     (46) (51) (54)  
Uncertain tax positions     41 2 (82)  
Valuation allowances $ 37   (146) (47) 17  
Other, net     9 19 5  
Total income taxes on income from continuing operations   $ 65 $ 267 $ 1,000 $ 320  
Effective income tax rate (percent)     18.20% 69.50% 20.50%  
Brookfield II | FET            
Provision for Income Tax [Line Items]            
Sale of ownership interest by parent 19.90%   19.90%     19.90%