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Income Taxes, Deferred Tax Liabilities and Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Deferred tax liabilities:    
Attributable to investment in OTA [1] $ 436 $ 406
Attributable to property, plant and equipment 138 133
Attributable to investments in other entities 4 5
Other 83 60
Total deferred tax liabilities 661 604
Deferred tax assets:    
Net operating loss carryovers [2] 46 22
Temporary differences related to Texas Margin Tax 4 4
Total deferred tax assets 50 26
Valuation allowance 0 22
Total deferred tax assets, net of valuation allowance 50 4
Total net deferred tax liabilities $ 611 $ 600
[1] Represents the deferred tax liability balance held by our wholly owned subsidiary, OTA, which we acquired in March 2020.
[2] The loss amount presented as of December 31, 2023 has an indefinite carryover period.  All losses are subject to limitations on their utilization.