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INCOME TAXES - Reconciliation of Federal Income Tax Expense (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Tax Disclosure [Abstract]        
Income before income taxes $ 328 $ 241 $ 728 $ 612
Income before income taxes     728 612
Federal income tax expense at statutory rate (21%) 69 51 153 129
Increases (reductions) in tax expense resulting from:        
State income taxes, net of federal tax benefit 19 17 43 44
AFUDC equity and other flow-through (4) (7) (9) (14)
Excess deferred tax amortization due to the Tax Act (16) (15) (32) (31)
Valuation allowances 0 0 0 34
Remeasurement of state deferred taxes 0 0 0 (26)
Other, net 6 3 9 (4)
Total income taxes $ 74 $ 49 $ 164 $ 132
Effective income tax rate 22.60% 20.30% 22.50% 21.60%