Annual report pursuant to Section 13 and 15(d)

Income Taxes - Income Tax Reconciliation (Details)

v3.24.0.1
Income Taxes - Income Tax Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Differences between provision for income taxes and income tax expense computed by applying federal rates      
US federal income tax rate 21.00% 21.00% 21.00%
Computed expected tax benefits (expense) $ (186) $ (322) $ (200)
State and local taxes, net of federal income taxes (8) (4) (8)
Nontaxable equity contribution 4 41 2
Change in valuation allowance   1 4
Sale of consolidated subsidiary 2 15  
Change in tax rate - other     14
Executive compensation (5) (7) (14)
Litigation settlement     (22)
Other (7) (1) 6
Income tax benefit (expense) $ (200) $ (277) $ (218)