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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING REVENUE    
Total operating revenue $ 1,392 $ 1,541
OPERATING EXPENSES    
Cost of services and products (exclusive of depreciation and amortization) 370 387
Selling, general and administrative 128 128
Operating expenses—affiliates 212 191
Depreciation and amortization 187 197
Total operating expenses 897 903
OPERATING INCOME 495 638
OTHER (EXPENSE) INCOME    
Interest expense (19) (27)
Other income, net 1 1
Total other expense, net (16) (25)
INCOME BEFORE INCOME TAX EXPENSE 479 613
Income tax expense 126 159
NET INCOME 353 454
Affiliated entity    
OTHER (EXPENSE) INCOME    
Interest income - affiliate, net 2 1
Non-affiliate services    
OPERATING REVENUE    
Total operating revenue 846 981
Affiliate services    
OPERATING REVENUE    
Total operating revenue $ 546 $ 560