INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2020

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 14.1

	Three Months Ended March 31,
(in millions)	2020			2019
Current income taxes:
Federal taxes	$	7		$	18
State taxes	2			2
Total current income taxes	9			20
Deferred income taxes:
Federal taxes	2			2
State taxes	—			—
Total deferred income taxes	2			2
Total income taxes	$	11		$	22
Statutory tax rate	21.0		%	21.0		%
Effective tax rate	18.8		%	19.3		%