v3.26.1
Income Taxes - Income Tax Expense (Benefit) Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Tax Disclosure [Abstract]        
U.S statutory federal income tax (benefit) expense $ 31 $ 672 $ 64 $ 613
Increase (decrease) in taxes resulting from:        
State and local income taxes, net of federal income tax effects 0 93 (5) 85
Valuation allowance, net 21 6 (48) 8
Foreign tax impacts (33) (14) (14) (7)
Noncontrolling interest (2) 5 (3) 3
Reserve for uncertain tax positions (2) 1 (4) (2)
Other adjustments 10 2 27 12
Total income tax expense (benefit) [1] $ 25 $ 765 $ 17 $ 712
Tax Jurisdiction of Domicile [Extensible Enumeration] UNITED STATES UNITED STATES UNITED STATES UNITED STATES
[1] Income tax expense includes tax benefits attributable to equity method earnings of $18 million in the 2026 Period. There was no tax benefit or expense attributable to equity method earnings in the 2026 Quarter. Income tax expense included tax expense attributable to equity method earnings of $757 million and $684 million in the 2025 Quarter and 2025 Period, respectively.