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Note 10 - Income Taxes - Reconciliation of Income Tax Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Statutory federal rate applied to income before income tax expense $ 103 $ (17) $ 129
Current year permanent items 6 11 5
State and local taxes, net of federal tax benefit 21 (4) 26
Change in valuation allowance (1) (1) 0
Reserve for uncertain tax positions (14) 1 0
Other items, net 2 4 (1)
Income tax (benefit) expense as recorded $ 117 $ (6) $ 159
Effective income tax rate 24.00% 7.00% 26.00%