Income Taxes |
6 Months Ended |
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Jun. 30, 2026 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | INCOME TAXES We recorded an income tax provision of $366 million and $25 million during the three and six months ended June 30, 2026, respectively, and an income tax provision of $426 million and $547 million for the same periods of 2025, which was calculated using the annual effective tax rate method.
Our effective tax rate was 9.1% and 9.8% during the three and six months ended June 30, 2026, respectively, as compared to 18.3% and 17.6% for the same periods of 2025. Our effective tax rate decreased between the comparable periods primarily due to the proportion of pre-tax income attributable to CQP, which is partially not taxable to us, and increased
Foreign Derived Deduction Eligible Income deduction. The effective tax rate for all periods was lower than the statutory rate of 21.0% primarily due to CQP’s income that is partially not taxable to us.
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- References No definition available.
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- Definition The entire disclosure for income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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