v3.25.1
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Preferred stock
Total common equity
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Balance at beginning of period at Dec. 31, 2023   $ 265   $ 0 $ 12,740 $ 560 $ (1,926)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Employee benefit plans         0    
Net income $ 225         225  
Other comprehensive income (loss), net of tax (108)           (108)
Balance at end of period at Mar. 31, 2024 11,756 265 $ 11,491 0 12,740 785 (2,034)
Balance at beginning of period at Dec. 31, 2024 12,489 265   0 12,727 1,269 (1,772)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Employee benefit plans         (7)    
Net income 201         201  
Other comprehensive income (loss), net of tax 113           113
Balance at end of period at Mar. 31, 2025 $ 12,796 $ 265 $ 12,531 $ 0 $ 12,720 $ 1,470 $ (1,659)