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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
OPERATING REVENUE        
Total operating revenue $ 1,724 $ 1,799 $ 3,516 $ 3,717
OPERATING EXPENSES        
Cost of services and products (exclusive of depreciation and amortization) 440 490 879 963
Selling, general and administrative 106 139 213 282
Operating expenses—affiliates 190 164 384 359
Depreciation and amortization 231 327 548 655
Total operating expenses 967 1,120 2,024 2,259
OPERATING INCOME 757 679 1,492 1,458
OTHER (EXPENSE) INCOME        
Interest expense (47) (75) (95) (150)
Interest expense—affiliate, net (31) (16) (62) (32)
Other income (expense), net 2 (5) (4) (13)
Total other expense, net (76) (96) (161) (195)
INCOME BEFORE INCOME TAX EXPENSE 681 583 1,331 1,263
Income tax expense 172 153 340 330
NET INCOME 509 430 991 933
Non-affiliate services        
OPERATING REVENUE        
Total operating revenue 1,147 1,207 2,317 2,442
Affiliate Services [Member]        
OPERATING REVENUE        
Total operating revenue $ 577 $ 592 $ 1,199 $ 1,275