v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING ACTIVITIES    
Net (loss) income $ (226) $ 284
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 150 191
Net loss on sale of business 242 0
Deferred income taxes (298) 8
Provision for uncollectible accounts 3 10
Changes in current assets and liabilities:    
Accounts receivable 13 (7)
Accounts payable (32) (61)
Accrued income and other taxes 6 22
Other current assets and liabilities, net (11) (4)
Changes in other assets and liabilities, net 433 12
Changes in affiliate obligations, net (11) (12)
Other, net (5) 10
Net cash provided by operating activities 264 453
INVESTING ACTIVITIES    
Capital expenditures (115) (203)
Proceeds from sale of business 2,366 0
Changes in advances to affiliates (1,960)  
Changes in advances to affiliates   658
Net increase in note receivable - affiliates (539) (900)
Proceeds from sale of property, plant and equipment and other assets 1 6
Net cash used in investing activities (247) (439)
Net increase in cash, cash equivalents and restricted cash 17 14
Cash, cash equivalents and restricted cash at beginning of period 40 28
Cash, cash equivalents and restricted cash at end of period 57 42
Supplemental cash flow information:    
Income taxes paid, net (580) (84)
Interest paid, including affiliate interest (net of capitalized interest of $5 and $10) (22) (25)
Cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 56 40
Restricted cash included in Other assets, net 1 2
Total $ 57 $ 42