v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER’S EQUITY - USD ($)
$ in Millions
Total
COMMON STOCK
ADDITIONAL PAID-IN CAPITAL:
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS), NET OF DEFERRED INCOME TAXES:
RETAINED EARNINGS:
Beginning balance (in shares) at Dec. 31, 2023   1,000      
Ending balance (in shares) at Jun. 30, 2024   1,000      
Beginning balance at Dec. 31, 2023     $ 1,102 $ (287) $ 6,372
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net increase (decrease) during the period $ (85)     (85)  
Net income (loss) 795       795
Ending balance at Jun. 30, 2024 7,898   1,103 (372) 7,167
Beginning balance (in shares) at Mar. 31, 2024   1,000      
Ending balance (in shares) at Jun. 30, 2024   1,000      
Beginning balance at Mar. 31, 2024     1,103 (364) 6,780
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net increase (decrease) during the period (8)     (8)  
Net income (loss) 387       387
Ending balance at Jun. 30, 2024 $ 7,898   1,103 (372) 7,167
Beginning balance (in shares) at Dec. 31, 2024 1,000 1,000      
Ending balance (in shares) at Jun. 30, 2025 1,000 1,000      
Beginning balance at Dec. 31, 2024 $ 7,296   1,103 (400) 6,593
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net increase (decrease) during the period 296     296  
Net income (loss) 424       424
Ending balance at Jun. 30, 2025 $ 8,016   1,103 (104) 7,017
Beginning balance (in shares) at Mar. 31, 2025   1,000      
Ending balance (in shares) at Jun. 30, 2025 1,000 1,000      
Beginning balance at Mar. 31, 2025     1,103 (232) 6,693
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net increase (decrease) during the period $ 128     128  
Net income (loss) 324       324
Ending balance at Jun. 30, 2025 $ 8,016   $ 1,103 $ (104) $ 7,017