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Income Taxes, Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Reconciliation of the provision for income taxes [Abstract]    
Pre-Tax Net Book Income ("NBI") $ 1,504 $ 1,432
Texas Margin Tax [1] (17) (6)
State income tax provision, net of federal benefit 0 (1)
Federal income tax provision computed by applying the federal statutory rate to NBI of corporate entities (3) (3)
Other (1) 0
Total provision for income taxes $ (21) $ (10)
Effective income tax rate (1.40%) (0.70%)
[1] Although the Texas Margin Tax is not considered a state income tax, it has the characteristics of an income tax since it is determined by applying a tax rate to a base that considers our Texas-sourced revenues and expenses.