v3.25.2
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2023   100      
Beginning Balance at Dec. 31, 2023 $ 9,742 $ 0 $ 7,412 $ 2,350 $ (20)
Increase (Decrease) in Stockholder's Equity          
Net income 338     338  
Total other comprehensive income 1       1
Dividends declared to parent (270)     (270)  
Contribution of capital by parent 567   567    
Balance (in shares) at Jun. 30, 2024   100      
Ending Balance at Jun. 30, 2024 10,378 $ 0 7,979 2,418 (19)
Balance (in shares) at Mar. 31, 2024   100      
Beginning Balance at Mar. 31, 2024 9,847 $ 0 7,462 2,405 (20)
Increase (Decrease) in Stockholder's Equity          
Net income 119     119  
Total other comprehensive income 1       1
Dividends declared to parent (106)     (106)  
Contribution of capital by parent 517   517    
Balance (in shares) at Jun. 30, 2024   100      
Ending Balance at Jun. 30, 2024 $ 10,378 $ 0 7,979 2,418 (19)
Balance (in shares) at Dec. 31, 2024 100 100      
Beginning Balance at Dec. 31, 2024 $ 10,735 $ 0 8,256 2,498 (19)
Increase (Decrease) in Stockholder's Equity          
Net income 414     414  
Total other comprehensive income 1       1
Dividends declared to parent (246)     (246)  
Contribution of capital by parent $ 756   756    
Balance (in shares) at Jun. 30, 2025 100 100      
Ending Balance at Jun. 30, 2025 $ 11,660 $ 0 9,012 2,666 (18)
Balance (in shares) at Mar. 31, 2025   100      
Beginning Balance at Mar. 31, 2025 10,987 $ 0 8,376 2,630 (19)
Increase (Decrease) in Stockholder's Equity          
Net income 156     156  
Total other comprehensive income 1       1
Dividends declared to parent (120)     (120)  
Contribution of capital by parent $ 636   636    
Balance (in shares) at Jun. 30, 2025 100 100      
Ending Balance at Jun. 30, 2025 $ 11,660 $ 0 $ 9,012 $ 2,666 $ (18)