v3.25.2
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional Paid In Capital
Retained Earnings
Balance (in shares) at Dec. 31, 2023   933,000    
Beginning Balance at Dec. 31, 2023 $ 1,366 $ 93 $ 843 $ 430
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 66     66
Common dividends declared to parent (36)     (36)
Contribution of capital by parent 183   183  
Balance (in shares) at Jun. 30, 2024   933,000    
Ending Balance at Jun. 30, 2024 1,579 $ 93 1,026 460
Balance (in shares) at Mar. 31, 2024   933,000    
Beginning Balance at Mar. 31, 2024 1,486 $ 93 938 455
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 23     23
Common dividends declared to parent (18)     (18)
Contribution of capital by parent 88   88  
Balance (in shares) at Jun. 30, 2024   933,000    
Ending Balance at Jun. 30, 2024 $ 1,579 $ 93 1,026 460
Balance (in shares) at Dec. 31, 2024 933,000 933,000    
Beginning Balance at Dec. 31, 2024 $ 1,617 $ 93 1,046 478
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 68     68
Common dividends declared to parent (39)     (39)
Contribution of capital by parent $ 110   110  
Balance (in shares) at Jun. 30, 2025 933,000 933,000    
Ending Balance at Jun. 30, 2025 $ 1,756 $ 93 1,156 507
Balance (in shares) at Mar. 31, 2025   933,000    
Beginning Balance at Mar. 31, 2025 1,670 $ 93 1,076 501
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 26     26
Common dividends declared to parent (20)     (20)
Contribution of capital by parent $ 80   80  
Balance (in shares) at Jun. 30, 2025 933,000 933,000    
Ending Balance at Jun. 30, 2025 $ 1,756 $ 93 $ 1,156 $ 507