v3.25.2
Income Taxes (Tables)
 6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Differences Between Statutory Income Tax Rate And Effective Income Tax Rate
The differences between the 21% statutory federal income tax rate and our effective income tax rate were as follows:
(Dollars in millions)Three months ended June 30,Six months ended June 30,
2025202420252024
Tax at statutory rate:$180 21.0 %$81 21.0 %$153 21.0 %$281 21.0 %
Increase (decrease) resulting from:        
Tax-exempt income from municipal bonds(6)(0.7)(6)(1.6)(11)(1.5)(11)(0.8)
Dividend received exclusion(6)(0.7)(5)(1.3)(11)(1.5)(10)(0.7)
Other2 0.3 4 1.1 1 0.2 12 0.8 
Provision for income taxes$170 19.9 %$74 19.2 %$132 18.2 %$272 20.3 %