XML 92 R78.htm IDEA: XBRL DOCUMENT v3.25.1
Income Taxes, Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Reconciliation of the provision for income taxes [Abstract]    
Pre-Tax Net Book Income ("NBI") $ 1,430 $ 1,504
Texas Margin Tax [1] (19) (17)
State income tax provision, net of federal benefit (1) 0
Federal income tax provision computed by applying the federal statutory rate to NBI of corporate entities (4) (3)
Other 0 (1)
Total provision for income taxes $ (24) $ (21)
Effective income tax rate (1.70%) (1.40%)
[1] Although the Texas Margin Tax is not considered a state income tax, it has the characteristics of an income tax since it is determined by applying a tax rate to a base that considers our Texas-sourced revenues and expenses.