v3.26.1
INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Amount    
Income before income taxes $ 185 $ 165
Federal statutory income tax 39 35
AFUDC equity income (4) (3)
Excess deferred tax amortization 0 (1)
Other 0 (1)
State and municipal income taxes, net of federal effect 8 7
Total income taxes $ 43 $ 37
Percent    
Federal statutory income tax 21.00% 21.00%
AFUDC equity income (2.20%) (1.80%)
Excess deferred tax amortization 0.00% (0.60%)
Other 0.00% (0.60%)
State and municipal income taxes, net of federal effect 4.30% 4.20%
Total income taxes 23.20% 22.40%