v3.25.2
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Balance (in shares) at Dec. 31, 2023   1,000,000      
Beginning balance at Dec. 31, 2023 $ 8,207 $ 0 $ 5,686 $ 2,541 $ (20)
Increase (Decrease) in Stockholders' Equity          
Net income 342     342  
Other comprehensive income 12       12
Dividends declared on common stock (204)     (204)  
Contribution of capital by parent 498   498    
Balance (in shares) at Jun. 30, 2024   1,000,000      
Ending balance at Jun. 30, 2024 8,855 $ 0 6,184 2,679 (8)
Balance (in shares) at Mar. 31, 2024   1,000,000      
Beginning balance at Mar. 31, 2024 8,674 $ 0 6,031 2,651 (8)
Increase (Decrease) in Stockholders' Equity          
Net income 131     131  
Other comprehensive income 0        
Dividends declared on common stock (103)     (103)  
Contribution of capital by parent 153   153    
Balance (in shares) at Jun. 30, 2024   1,000,000      
Ending balance at Jun. 30, 2024 $ 8,855 $ 0 6,184 2,679 (8)
Balance (in shares) at Dec. 31, 2024 1,000,000 1,000,000      
Beginning balance at Dec. 31, 2024 $ 9,272 $ 0 6,399 2,881 (8)
Increase (Decrease) in Stockholders' Equity          
Net income 373     373  
Other comprehensive income 4       4
Dividends declared on common stock (218)     (218)  
Contribution of capital by parent $ 251   251    
Balance (in shares) at Jun. 30, 2025 1,000,000 1,000,000      
Ending balance at Jun. 30, 2025 $ 9,682 $ 0 6,650 3,036 (4)
Balance (in shares) at Mar. 31, 2025   1,000,000      
Beginning balance at Mar. 31, 2025 9,594 $ 0 6,650 2,954 (10)
Increase (Decrease) in Stockholders' Equity          
Net income 189     189  
Other comprehensive income 6       6
Dividends declared on common stock $ (107)     (107)  
Balance (in shares) at Jun. 30, 2025 1,000,000 1,000,000      
Ending balance at Jun. 30, 2025 $ 9,682 $ 0 $ 6,650 $ 3,036 $ (4)