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Note 10 - Income Taxes - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statutory federal rate applied to income before income tax expense $ 53 $ 60 $ 68
Current year permanent items 13 3 2
State and local taxes, net of federal tax benefit 13 14 8
Change in valuation allowance (2) 0 (2)
Reserve for uncertain tax positions 0 0 1
Rate change due to enactment of tax reform 0 0 (146)
Other items, net (1) 0 0
Income tax expense (benefit) as recorded $ 76 $ 77 $ (69)
Effective income tax rate 30.00% 27.00% (36.00%)