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Income Taxes - Schedule of Reconciliation of Provision for Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Tax Disclosure [Abstract]        
Pre-Tax Net Book Income (“NBI”) $ 1,470 $ 1,437 $ 2,900 $ 2,941
Texas Margin Tax (11) (10) (30) (27)
State income tax provision, net of federal benefit 0 0 (1) 0
Federal income tax provision computed by applying the federal statutory rate to NBI of corporate entities (5) (5) (9) (8)
Other 0 0 0 (1)
Total provision for income taxes $ (16) $ (15) $ (40) $ (36)
Effective income tax rate (1.10%) (1.00%) (1.40%) (1.20%)