Provision (Benefit) for Income Taxes

6 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Provision (Benefit) for Income Taxes [Text Block]

Note 5 – Provision (Benefit) for Income Taxes

The Provision (benefit) for income taxes from continuing operations includes:

	Three Months Ended   June 30,				Six Months Ended   June 30,
	2024		2023		2024		2023
	(Millions)
Current:
Federal	$	19	$	(1)	$	54	$	—
State	4		4		10		4
	23		3		64		4
Deferred:
Federal	90		149		217		386
State	16		23		41		69
	106		172		258		455
Provision (benefit) for income taxes	$	129	$	175	$	322	$	459

The effective income tax rates for the total provision (benefit) for the three and six months ended June 30, 2024 and 2023 are greater than the federal statutory rate, primarily due to the effect of state income taxes.