v3.26.1
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional Paid In Capital
Retained Earnings
Balance (in shares) at Dec. 31, 2024   933,000    
Beginning Balance at Dec. 31, 2024 $ 1,617 $ 93 $ 1,046 $ 478
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 68     68
Common dividends declared to parent (39)     (39)
Contribution of capital by parent 110   110  
Balance (in shares) at Jun. 30, 2025   933,000    
Ending Balance at Jun. 30, 2025 1,756 $ 93 1,156 507
Balance (in shares) at Mar. 31, 2025   933,000    
Beginning Balance at Mar. 31, 2025 1,670 $ 93 1,076 501
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 26     26
Common dividends declared to parent (20)     (20)
Contribution of capital by parent 80   80  
Balance (in shares) at Jun. 30, 2025   933,000    
Ending Balance at Jun. 30, 2025 $ 1,756 $ 93 1,156 507
Balance (in shares) at Dec. 31, 2025 933,000 933,000    
Beginning Balance at Dec. 31, 2025 $ 1,866 $ 93 1,213 560
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 104     104
Common dividends declared to parent (52)     (52)
Contribution of capital by parent $ 94   94  
Balance (in shares) at Jun. 30, 2026 933,000 933,000    
Ending Balance at Jun. 30, 2026 $ 2,012 $ 93 1,307 612
Balance (in shares) at Mar. 31, 2026   933,000    
Beginning Balance at Mar. 31, 2026 1,926 $ 93 1,233 600
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 39     39
Common dividends declared to parent (27)     (27)
Contribution of capital by parent $ 74   74  
Balance (in shares) at Jun. 30, 2026 933,000 933,000    
Ending Balance at Jun. 30, 2026 $ 2,012 $ 93 $ 1,307 $ 612