v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate A reconciliation of U.S. statutory federal income tax expense to income tax expense follows:
3ME
June 30,
6ME
June 30,
(In millions)2026202520262025
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— 93 (5)85 
Valuation allowance, net21 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 adjustments10 2 27 12 
Total income tax expense (benefit)$25 $765 $17 $712