Subsequent Event |
6 Months Ended |
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Jun. 30, 2022 | |
Subsequent Events [Abstract] | |
Subsequent Event | SUBSEQUENT EVENT Income Taxes On July 8, 2022, the Commonwealth of Pennsylvania enacted House Bill (H.B.) 1342 which includes a corporate income tax rate reduction from 9.99% to 4.99% that will phase-in over a nine-year period. As a corporate taxpayer in PA and in accordance with tax accounting guidance, we will record the impact of remeasuring our deferred balances as a result of the rate change to continuing operations (tax expense) in the third quarter. We anticipate the impact to be favorable to our net earnings and are continuing to evaluate the impact of the rate change along with other tax provisions of H.B. 1342 which may be material to the financial statements. Dividend Declaration On August 3, 2022, DT Midstream announced that DT Midstream's Board of Directors declared a quarterly dividend of $0.64 per share of common stock. The dividend is payable to DT Midstream's stockholders of record as of September 19, 2022 and is expected to be paid on October 15, 2022.
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