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Income Taxes (Tables)
9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Tax Expense (Benefit) and Effective Tax Rate

 

 

For the Three Months

Ended September 30,

 

 

For the Nine Months

Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(Dollars in millions)

 

Tax (benefit) expense

 

$

(1

)

 

$

34

 

 

$

11

 

 

$

79

 

Effective tax rate

 

 

(10.0

)%

 

 

47.2

%

 

 

16.9

%

 

 

30.9

%