XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
OPERATING REVENUE        
Total operating revenue $ 1,161 $ 1,363 $ 3,589 $ 4,144
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 379 389 1,096 1,132
Selling, general and administrative 156 111 356 357
Operating expenses—affiliates 221 182 602 575
Depreciation and amortization 162 183 527 557
Total operating expenses 918 865 2,581 2,621
OPERATING INCOME 243 498 1,008 1,523
OTHER (EXPENSE) INCOME        
Interest expense (25) (11) (71) (44)
Other income, net 3 2 8 1
Total other income (expense), net 4 (1) 0 (29)
INCOME BEFORE INCOME TAX EXPENSE 247 497 1,008 1,494
Income tax expense 71 132 271 398
NET INCOME 176 365 737 1,096
Non-affiliates        
OPERATING REVENUE        
Total operating revenue 684 793 2,148 2,468
Affiliates        
OPERATING REVENUE        
Total operating revenue 477 570 1,441 1,676
OTHER (EXPENSE) INCOME        
Interest income—affiliate, net $ 26 $ 8 $ 63 $ 14