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Income Taxes
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
XPLR recognizes in income its applicable ownership share of income taxes due to the disregarded tax status of substantially all of the projects under XPLR OpCo. Net income or loss attributable to noncontrolling interests includes minimal income taxes.

A reconciliation of the income tax benefit and effective tax rate based on the statutory U.S. federal income tax rate is as follows:

Three Months Ended March 31,
20262025
(millions, except for percentages)
Income tax benefit at U.S. statutory rate of 21%$(21)21.0 %$(73)21.0 %
Increases (reductions) resulting from:
Taxes attributable to noncontrolling interests18 (17.7)44 (12.7)
State income taxes – net of federal income tax benefit
(1)0.7 (8)2.3 
Clean energy tax credits(50)49.8 (5)1.4 
Valuation allowance2 (2.0)— — 
Other – net
1 (0.3)— — 
Income tax benefit and effective tax rate from continuing operations
$(51)51.5 %$(42)12.0 %