INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Federal and state income tax expense and the statutory tax rate and the actual effective tax rate consist of the following:

TABLE 12.1

	Three Months Ended March 31,
(in millions)	2019			2018
Current income taxes:
Federal taxes	$	18		$	17
State taxes	2			2
Total current income taxes	20			19
Deferred income taxes:
Federal taxes	2			2
Total deferred income taxes	2			2
Total income taxes	$	22		$	21
Statutory tax rate	21.0		%	21.0		%
Effective tax rate	19.3		%	19.7		%