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Income Taxes
9 Months Ended
Sep. 30, 2020
Income Tax Disclosure [Abstract]  
Income Taxes

13.  Income Taxes

For the three months ended September 30, 2020, we recorded an income tax benefit of $66 million on pre-tax loss from continuing operations of $1,466 million compared to an income tax benefit of $26 million on pre-tax loss from continuing operations of $399 million for the three months ended September 30, 2019. Our effective income tax rate was 4.5% and 6.5% for the three months ended September 30, 2020 and 2019, respectively.

For the three months ended September 30, 2020, the effective tax rate was lower than the statutory federal rate of 21%, primarily due to changes in the valuation allowance and partnership loss for which there was no tax benefit, as such loss is allocated to the partners.

For the three months ended September 30, 2019, the effective tax rate was lower than the statutory federal rate of 21%, primarily due to partnership loss for which there was no tax benefit, as such loss is allocated to the partners.

For the nine months ended September 30, 2020, we recorded an income tax benefit of $118 million on pre-tax loss from continuing operations of $2,960 million compared to an income tax benefit of $12 million on pre-tax loss from continuing operations of $1,622 million for the nine months ended September 30, 2019. Our effective income tax rate was 4.0% and 0.7% for the nine months ended September 30, 2020 and 2019, respectively.

For the nine months ended September 30, 2020, the effective tax rate was lower than the statutory federal rate of 21%, primarily due to changes in the valuation allowance and partnership loss for which there was no tax benefit, as such loss is allocated to the partners.

For the nine months ended September 30, 2019, the effective tax rate was lower than the statutory federal rate of 21%, primarily due to partnership loss for which there was no tax benefit, as such loss is allocated to the partners.