XML 77 R63.htm IDEA: XBRL DOCUMENT v3.22.0.1
TAXES - Reconciliation of Federal Income Tax Expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Reconciliation of federal income tax expense at the federal statutory rate to the total provision for income taxes      
Income from Continuing Operations, before income taxes $ 1,559 $ 1,129 $ 1,117
Federal income tax expense at statutory rate (21%) 327 237 235
Increases (reductions) in taxes resulting from-      
State income taxes, net of federal tax benefit 122 75 96
AFUDC equity and other flow-through (29) (38) (36)
Amortization of investment tax credits (4) (14) (5)
Federal tax credits claimed (34) 0 0
Nondeductible DPA monetary penalty 52 0 0
Excess deferred tax amortization due to the Tax Act (54) (56) (74)
TMI-2 reversal of tax regulatory liabilities 0 (40) 0
Uncertain tax positions 82 1 11
Valuation allowances 17 (49) 5
Other, net 5 12 3
Total income taxes $ 320 $ 126 $ 213
Effective income tax rate (percent) 20.50% 11.20% 19.10%