v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total Common Stockholders’ Equity
Common stock
OPIC
AOCI
Retained Earnings
NCI
Beginning balance (in shares) at Dec. 31, 2024     577,000,000        
Beginning balance at Dec. 31, 2024 $ 13,720 $ 12,455 $ 58 $ 12,368 $ (14) $ 43 $ 1,265
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 414 360       360 54
Stock Investment Plan and share-based benefit plans 9 9   9      
Cash dividends declared on common stock (257) (257)       (257)  
Noncontrolling interest cash distributions declared (24)           (24)
Ending balance (in shares) at Mar. 31, 2025     577,000,000        
Ending balance at Mar. 31, 2025 13,862 12,567 $ 58 12,377 (14) 146 1,295
Beginning balance (in shares) at Dec. 31, 2024     577,000,000        
Beginning balance at Dec. 31, 2024 13,720 12,455 $ 58 12,368 (14) 43 1,265
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 732            
Ending balance (in shares) at Jun. 30, 2025     577,000,000        
Ending balance at Jun. 30, 2025 14,171 12,851 $ 58 12,393 (14) 414 1,320
Beginning balance (in shares) at Mar. 31, 2025     577,000,000        
Beginning balance at Mar. 31, 2025 13,862 12,567 $ 58 12,377 (14) 146 1,295
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 318 268       268 50
Stock Investment Plan and share-based benefit plans 16 16   16      
Noncontrolling interest cash distributions declared (25)           (25)
Ending balance (in shares) at Jun. 30, 2025     577,000,000        
Ending balance at Jun. 30, 2025 $ 14,171 12,851 $ 58 12,393 (14) 414 1,320
Beginning balance (in shares) at Dec. 31, 2025 577,851,052   578,000,000        
Beginning balance at Dec. 31, 2025 $ 13,926 12,510 $ 58 12,431 (14) 35 1,416
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 466 405       405 61
Stock Investment Plan and share-based benefit plans 8 8   8      
Cash dividends declared on common stock (269) (269)       (269)  
Noncontrolling interest cash distributions declared (25)           (25)
Ending balance (in shares) at Mar. 31, 2026     578,000,000        
Ending balance at Mar. 31, 2026 $ 14,106 12,654 $ 58 12,439 (14) 171 1,452
Beginning balance (in shares) at Dec. 31, 2025 577,851,052   578,000,000        
Beginning balance at Dec. 31, 2025 $ 13,926 12,510 $ 58 12,431 (14) 35 1,416
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income $ 818            
Ending balance (in shares) at Jun. 30, 2026 578,639,932   579,000,000        
Ending balance at Jun. 30, 2026 $ 14,426 12,935 $ 58 12,432 (14) 459 1,491
Beginning balance (in shares) at Mar. 31, 2026     578,000,000        
Beginning balance at Mar. 31, 2026 14,106 12,654 $ 58 12,439 (14) 171 1,452
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 352 288       288 64
Stock Investment Plan and share-based benefit plans (in shares)     1,000,000        
Stock Investment Plan and share-based benefit plans 18 18   18      
Noncontrolling interest cash distributions declared (25)           (25)
2026 Convertible Notes conversion premium $ (25) (25)   (25)      
Ending balance (in shares) at Jun. 30, 2026 578,639,932   579,000,000        
Ending balance at Jun. 30, 2026 $ 14,426 $ 12,935 $ 58 $ 12,432 $ (14) $ 459 $ 1,491