Property, Plant and Equipment

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

7. Property, Plant and Equipment


		March 31, 2026						December 31, 2025
	Estimated Useful Life (years)	Gross Value		Accumulated Depreciation		Carrying Value		Gross Value		Accumulated Depreciation		Carrying Value
Electric generation	3-37	$	7,514	$	(555)	$	6,959	$	7,522	$	(481)	$	7,041
Nuclear fuel	1-6	517		(236)		281		403		(213)		190
Other property and equipment	3-24	67		(12)		55		63		(11)		52

Capitalized software	1-5	10		(5)		5		10		(5)		5
Construction work in progress		199		—		199		258		—		258
Property, plant and equipment, net		$	8,307	$	(808)	$	7,499	$	8,256	$	(710)	$	7,546

The components of “Depreciation, amortization and accretion” presented on the Consolidated Statements of Operations for the periods were:


	Three Months Ended March 31,
		2026		2025
Depreciation expense (a)		$	77	$	55
Amortization expense (b)		1		5
Accretion expense (c)		14		14

Depreciation, amortization and accretion		$	92	$	74

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(a)Electric generation and other property and equipment.

(b)Intangible assets and capitalized software.

(c)ARO and accrued environmental cost accretion. See Note 8 for additional information.

The cost of nuclear fuel and the amortization of nuclear fuel intangible assets are presented as “Nuclear fuel amortization” on the Consolidated Statements of Operations.