v3.26.1
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2024   100      
Beginning Balance at Dec. 31, 2024 $ 10,735 $ 0 $ 8,256 $ 2,498 $ (19)
Increase (Decrease) in Stockholder's Equity          
Net income 414     414  
Total other comprehensive income 1       1
Dividends declared to parent (246)     (246)  
Contribution of capital by parent 756   756    
Balance (in shares) at Jun. 30, 2025   100      
Ending Balance at Jun. 30, 2025 11,660 $ 0 9,012 2,666 (18)
Balance (in shares) at Mar. 31, 2025   100      
Beginning Balance at Mar. 31, 2025 10,987 $ 0 8,376 2,630 (19)
Increase (Decrease) in Stockholder's Equity          
Net income 156     156  
Total other comprehensive income 1       1
Dividends declared to parent (120)     (120)  
Contribution of capital by parent 636   636    
Balance (in shares) at Jun. 30, 2025   100      
Ending Balance at Jun. 30, 2025 $ 11,660 $ 0 9,012 2,666 (18)
Balance (in shares) at Dec. 31, 2025 100 100      
Beginning Balance at Dec. 31, 2025 $ 13,206 $ 0 10,409 2,815 (18)
Increase (Decrease) in Stockholder's Equity          
Net income 461     461  
Total other comprehensive income 1       1
Dividends declared to parent (277)     (277)  
Contribution of capital by parent $ 900   900    
Balance (in shares) at Jun. 30, 2026 100 100      
Ending Balance at Jun. 30, 2026 $ 14,291 $ 0 11,309 2,999 (17)
Balance (in shares) at Mar. 31, 2026   100      
Beginning Balance at Mar. 31, 2026 13,524 $ 0 10,609 2,933 (18)
Increase (Decrease) in Stockholder's Equity          
Net income 199     199  
Total other comprehensive income 1       1
Dividends declared to parent (133)     (133)  
Contribution of capital by parent $ 700   700    
Balance (in shares) at Jun. 30, 2026 100 100      
Ending Balance at Jun. 30, 2026 $ 14,291 $ 0 $ 11,309 $ 2,999 $ (17)