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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
OPERATING REVENUES        
Total operating revenues $ 2,149 $ 2,141 $ 6,380 $ 6,436
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 697 742 2,106 2,185
Selling, general and administrative 172 231 602 710
Operating expenses - affiliates 203 211 616 647
Depreciation and amortization 360 397 1,081 1,181
Total operating expenses 1,432 1,581 4,405 4,723
OPERATING INCOME 717 560 1,975 1,713
OTHER (EXPENSE) INCOME        
Interest expense (112) (117) (350) (348)
Interest expense - affiliates, net (15) (16) (42) (47)
Net loss on early retirement of debt (34) 0 (34) (5)
Other income, net 8 6 33 10
Total other expense, net (153) (127) (393) (390)
INCOME BEFORE INCOME TAX EXPENSE 564 433 1,582 1,323
Income tax expense 111 168 322 512
NET INCOME 453 265 1,260 811
Non-affiliate services        
OPERATING REVENUES        
Total operating revenues 1,397 1,456 4,209 4,406
Affiliate services        
OPERATING REVENUES        
Total operating revenues $ 752 $ 685 $ 2,171 $ 2,030