v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of provision for income taxes
The provision for income taxes consisted of the following:
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2026202520262025
(in millions)
Current portion of income tax (expense) benefit:
Federal$(4)$(7)$(9)$(28)
State(1)(3)(3)
Deferred portion of income tax expense(316)(43)(231)(69)
Income tax expense$(318)$(51)$(243)$(101)
Effective tax rate22.9 %20.1 %24.8 %20.8 %
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Note: Prior year amounts may not calculate due to rounding.