Three Months Ended June 30,

Six Months Ended June 30,

2025

2024

2025

2024

Earnings before income taxes

$

1,161

$

1,040

$

1,807

$

1,808

Current income tax expense

$

226

$

146

$

322

$

265

Deferred income tax expense

18

39

59

79

Total income tax expense

$

244

$

185

$

381

$

344

U.S. statutory income tax rate

21

%

21

%

21

%

21

%

State income taxes

1

%

1

%

1

%

1

%

Income tax credits

(1

%)

(4

%)

(1

%)

(3

%)

Effective income tax rate

21

%

18

%

21

%

19

%