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Provision In Lieu Of Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Provision In Lieu Of Income Taxes [Abstract]  
Schedule Of Deferred Tax Assets and Liabilities At December 31, 2021 2020 Deferred Tax Related Assets: Employee benefit liabilities $ 253 $ 233Regulatory liabilities 45 48Other 45 47Total 343 328Deferred Tax Related Liabilities: Property, plant and equipment 2,132 1,994Regulatory assets 274 255Other 2 2Total 2,408 2,251Liability in lieu of deferred income taxes – net $ 2,065 $ 1,923
Components Of Income Tax Provisions (Benefits) Year Ended December 31, 2021 2020 2019 Reported in operating expenses: Current: U.S. federal $ 79 $ 100 $ 69State 24 22 22Deferred: U.S. federal 63 27 49Amortization of investment tax credits (1) (1) (2)Total reported in operating expenses 165 148 138Reported in other income and deductions: Current: U.S. federal (17) (17) (21)Deferred federal 5 5 6Total reported in other income and deductions (12) (12) (15)Total provision in lieu of income taxes $ 153 $ 136 $ 123
Schedule Of Income Tax Reconciliation Year Ended December 31, 2021 2020 2019 Income before provision in lieu of income taxes $ 923 $ 849 $ 774Provision in lieu of income taxes at the U.S. federal statutory rate of 21% $ 194 $ 178 $ 163Amortization of investment tax credits – net of deferred tax effect (1) (1) (2)Amortization of excess deferred taxes (52) (52) (52)Texas margin tax, net of federal tax benefit 19 18 17Nontaxable gains on benefit plan investments (3) (2) (2)Other (4) (5) (1)Reported provision in lieu of income taxes $ 153 $ 136 $ 123Effective rate 16.6% 16.0% 15.9%