XML 98 R77.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Reconciliation of Income Tax Expense Computed at the Statutory Federal Income Tax Rate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
Amount at statutory rate $ 1,409 $ 1,660 $ 1,620
State and local income taxes, net of federal tax expense/benefit 121 216 124
Tax credits:      
Energy-related tax credits (86)    
Other (62)    
Nontaxable or nondeductible items:      
Legal entity restructuring (176)    
Other (75)    
Changes in unrecognized tax benefits (71)    
Tax exempt interest and dividends received deduction   (12) (15)
Change in valuation allowance   43 84
Other, net (11) 26 (89)
Total income tax expense $ 1,049 $ 1,933 $ 1,724
Percent      
Amount at statutory rate 21.00% 21.00% 21.00%
State and local income taxes, net of federal tax expense/benefit 1.80% 2.70% 1.60%
Tax credits:      
Energy-related tax credits (1.30%)    
Other (0.90%)    
Nontaxable or nondeductible items:      
Legal entity restructuring (2.60%)    
Other (1.10%)    
Changes in unrecognized tax benefits (1.10%)    
Tax exempt interest and dividends received deduction   (0.10%) (0.20%)
Change in valuation allowance   0.60% 1.10%
Other, net (0.20%) 0.30% (1.20%)
Total income tax expense 15.60% 24.50% 22.30%