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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
OPERATING REVENUE        
Operating revenues $ 1,763 $ 1,819 $ 5,311 $ 5,718
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 779 785 2,281 2,472
Selling, general and administrative 342 269 946 901
Gain on sale of business 0 119 0 119
Loss on disposal group held for sale 28 0 113 0
Operating expenses - affiliates 172 173 571 481
Depreciation and amortization 354 377 1,056 1,178
Goodwill impairment 0 0 1,970 0
Total operating expenses 1,675 1,485 6,937 4,913
OPERATING INCOME (LOSS) 88 334 (1,626) 805
OTHER (EXPENSE) INCOME        
Interest expense (123) (99) (336) (284)
Other expense, net (39) (4) (27) (25)
Total other expense, net (146) (84) (316) (259)
(LOSS) INCOME BEFORE INCOME TAXES (58) 250 (1,942) 546
Income tax (benefit) expense (13) 312 (14) 397
NET (LOSS) INCOME (45) (62) (1,928) 149
Nonrelated Party        
OPERATING REVENUE        
Operating revenues 1,706 1,762 5,144 5,548
Affiliates        
OPERATING REVENUE        
Operating revenues 57 57 167 170
OTHER (EXPENSE) INCOME        
Interest income - affiliate $ 16 $ 19 $ 47 $ 50