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Income Taxes
 6 Months Ended
Jun. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The effective tax rate on earnings, including equity method earnings, was 24% for both the 2025 Quarter and the 2025 Period compared to 29% for the 2024 Quarter and 36% for the 2024 Period. A reconciliation of U.S. statutory federal income tax expense to income tax expense follows:

3ME
June 30,		6ME
June 30,
(In millions)2025202420252024
U.S statutory federal income tax (benefit) expense
$672 $45 $613 $64 
Increase (decrease) in taxes resulting from:
State and local income taxes, net of federal income tax effects93 3 85 3 
Valuation allowance, net6 35 8 30 
Foreign tax impacts(14)(6)(7)1 
Noncontrolling interest5 3 3 7 
Reserve for uncertain tax positions
1 (21)(2)(4)
Other adjustments2 2 12 10 
Total income tax expense$765 $61 $712 $111