v3.26.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2024 $ 2,142 $ 0 $ 1,413 $ 694 $ 35
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 31     31  
Other comprehensive income (loss), net of income taxes (6)       (6)
Dividends (48)     (48)  
Other 3   4 (1)  
Ending balance at Mar. 31, 2025 2,122 0 1,417 676 29
Beginning balance at Dec. 31, 2024 2,142 0 1,413 694 35
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 105        
Other comprehensive income (loss), net of income taxes (11)        
Ending balance at Jun. 30, 2025 2,148 0 1,422 702 24
Beginning balance at Mar. 31, 2025 2,122 0 1,417 676 29
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 73     73  
Other comprehensive income (loss), net of income taxes (5)       (5)
Dividends (48)     (48)  
Other 6   5 1  
Ending balance at Jun. 30, 2025 2,148 0 1,422 702 24
Beginning balance at Dec. 31, 2025 2,253 0 1,431 802 20
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 59     59  
Other comprehensive income (loss), net of income taxes 2       2
Dividends (48)     (48)  
Other (1)   (1)    
Ending balance at Mar. 31, 2026 2,265 0 1,430 813 22
Beginning balance at Dec. 31, 2025 2,253 0 1,431 802 20
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 148        
Other comprehensive income (loss), net of income taxes 5        
Ending balance at Jun. 30, 2026 2,310 0 1,432 853 25
Beginning balance at Mar. 31, 2026 2,265 0 1,430 813 22
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 89     89  
Other comprehensive income (loss), net of income taxes 3       3
Dividends (48)     (48)  
Other 1   2 (1)  
Ending balance at Jun. 30, 2026 $ 2,310 $ 0 $ 1,432 $ 853 $ 25