XML 32 R22.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2024
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
Reconciliation between the statutory rate and effective tax rate:
Six Months Ended June 30
20242023
Federal statutory rate21.0 %21.0 %
State tax (net of federal tax effect)6.2 6.2 
Decreases:
Plant regulatory differences (a)
(4.5)(3.5)
Other, net(0.3)(0.9)
Effective income tax rate22.4 %22.8 %
(a)Plant regulatory differences primarily relate to the credit of excess deferred taxes to customers. Income tax benefits associated with the credit are offset by corresponding revenue reductions.