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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING REVENUE    
Total operating revenue $ 1,222 $ 1,392
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 354 370
Selling, general and administrative 104 128
Operating expenses—affiliates 185 212
Depreciation and amortization 191 187
Total operating expenses 834 897
OPERATING INCOME 388 495
OTHER (EXPENSE) INCOME    
Interest expense (22) (19)
Other income, net 4 1
Total other expense, net (5) (16)
INCOME BEFORE INCOME TAX EXPENSE 383 479
Income tax expense 99 126
NET INCOME 284 353
Non-affiliates    
OPERATING REVENUE    
Total operating revenue 740 846
Affiliates    
OPERATING REVENUE    
Total operating revenue 482 546
OTHER (EXPENSE) INCOME    
Interest income—affiliate, net $ 13 $ 2