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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
OPERATING REVENUE        
Total operating revenue $ 2,051 $ 2,101 $ 4,106 $ 4,231
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 588 702 1,195 1,409
Selling, general and administrative 157 215 314 430
Operating expenses - affiliates 219 197 414 413
Depreciation and amortization 337 361 673 721
Total operating expenses 1,301 1,475 2,596 2,973
OPERATING INCOME 750 626 1,510 1,258
OTHER (EXPENSE) INCOME        
Interest expense (96) (120) (191) (238)
Interest expense - affiliates, net (15) (14) (31) (27)
Other income, net 5 16 14 25
Total other expense, net (106) (118) (208) (240)
INCOME BEFORE INCOME TAXES 644 508 1,302 1,018
Income tax expense 167 81 338 211
NET INCOME 477 427 964 807
Non-affiliate services        
OPERATING REVENUE        
Total operating revenue 1,331 1,393 2,664 2,812
Affiliate Services        
OPERATING REVENUE        
Total operating revenue $ 720 $ 708 $ 1,442 $ 1,419