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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The components of our income tax expense (benefit) are as follows:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Current: |  |  |  |  |
U.S. Federal | $ | (1) |  |  | $ | 2 |  |  | $ | 1 |
State | 52 |  |  | 7 |  |  | 16 |
Total current | 51 |  |  | 9 |  |  | 17 |
Deferred: |  |  |  |  |
U.S. Federal | 421 |  |  | (304) |  |  | (336) |
State | 36 |  |  | (55) |  |  | (139) |
Total deferred | 457 |  |  | (359) |  |  | (475) |
Total | $ | 508 |  |  | $ | (350) |  |  | $ | (458) |
Schedule of Effective Income Tax Rate Reconciliation | Reconciliation of income taxes computed at the U.S. federal statutory rate to income tax expense (benefit) recorded:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Income (loss) before income taxes | $ | 2,000 |  |  | $ | (1,560) |  |  | $ | (1,722) |
U.S. federal statutory rate | 21 | % |  | 21 | % |  | 21 | %
Income taxes at the U.S. federal statutory rate | 420 |  |  | (328) |  |  | (362) |
Nondeductible TRA accretion | 41 |  |  | 18 |  |  | (8) |
State tax, net of federal benefit | 86 |  |  | (19) |  |  | (2) |
Valuation allowance on state NOLs | (20) |  |  | (8) |  |  | (94) |
Release of Uncertain Tax Positions | (35) |  |  | — |  |  | — |
Other | 16 |  |  | (13) |  |  | 8 |
Income tax expense (benefit) | $ | 508 |  |  | $ | (350) |  |  | $ | (458) |
Effective tax rate | 25.4 | % |  | 22.4 | % |  | 26.6 | %
Schedule of Deferred Tax Assets and Liabilities | Deferred income taxes provided for temporary differences based on tax laws in effect at December 31, 2023 and 2022 are as follows:
| December 31,
| 2023 |  | 2022
Noncurrent Deferred Income Tax Assets |  |  |
Tax credit carryforwards | $ | 84 |  |  | $ | 125 |
Loss carryforwards | 1,081 |  |  | 1,182 |
Identifiable intangible assets | 380 |  |  | 456 |
Long-term debt | 173 |  |  | 121 |
Employee benefit obligations | 117 |  |  | 108 |
Commodity contracts and interest rate swaps | 664 |  |  | 764 |
Other | 33 |  |  | 49 |
Total deferred tax assets | $ | 2,532 |  |  | $ | 2,805 |
Noncurrent Deferred Income Tax Liabilities |  |  |
Property, plant and equipment | 1,264 |  |  | 1,033 |
Total deferred tax liabilities | 1,264 |  |  | 1,033 |
Valuation allowance | 46 |  |  | 63 |
Net Deferred Income Tax Asset | $ | 1,222 |  |  | $ | 1,709 |
Summary of Income Tax Contingencies | The following table summarizes the changes to the uncertain tax positions, reported in accumulated deferred income taxes and other current liabilities in the consolidated balance sheets for the years ended December 31, 2023, 2022 and 2021.
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Balance at beginning of period, excluding interest and penalties | $ | 36 |  |  | $ | 38 |  |  | $ | 39 |
Additions based on tax positions related to prior years | — |  |  | — |  |  | 1 |
Reductions based on tax positions related to prior years | — |  |  | (1) |  |  | — |
Reductions related to the lapse of the tax statute of limitations | (35) |  |  | — |  |  | — |
Settlements with taxing authorities | (1) |  |  | (1) |  |  | (2) |
Balance at end of period, excluding interest and penalties | $ | — |  |  | $ | 36 |  |  | $ | 38 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-15A Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 19 -SubTopic 10 -Topic 740 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-19 + Details
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