v3.26.1
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS - Schedule of the Maturity and Notional Principal or Quantity Outstanding Related to Derivative Instruments (Details) - Jun. 30, 2026
€ in Millions, £ in Millions, $ in Millions, $ in Millions
USD ($)
MWh
MMBbls
Bcf
GBP (£)
MWh
MMBbls
Bcf
EUR (€)
MWh
MMBbls
Bcf
CAD ($)
MWh
MMBbls
Bcf
Foreign exchange contracts - United States dollar or GBP or Japanese yen forwards - purchase        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026 $ 1,227      
2027 0      
2028 0      
2029 0      
2030 0      
Thereafter 0      
Total notional principal 1,227      
Foreign exchange contracts - United States dollar or GBP forwards or Euro forwards - sell        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026 4,166 £ 13 € 46  
2027 5,681 32 81  
2028 4,572 0 67  
2029 2,838 0 66  
2030 1,590 0 65  
Thereafter 498 0 64  
Total notional principal 19,345 £ 45 € 389  
Foreign exchange contracts - United States dollar or GBP forwards or Euro Collars - sell        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026 90      
2027 360      
2028 240      
2029 120      
2030 0      
Thereafter 0      
Total notional principal $ 810      
Interest rate contracts - short-term borrowings        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026       $ 5,041
2027       8,995
2028       8,368
2029       7,146
2030       6,054
Thereafter       2,681
Total notional principal       38,285
Interest rate contracts - receive fixed rate        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026       4,495
2027       8,942
2028       8,941
2029       8,944
2030       8,942
Thereafter       69,439
Total notional principal       109,703
Interest rate contract - long term debt - Pay Fixed Rate        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026       1,686
2027       941
2028       0
2029       0
2030       0
Thereafter       0
Total notional principal       2,627
Interest rate contract for costless collar        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026       1,018
2027       1,882
2028       80
2029       0
2030       0
Thereafter       0
Total notional principal       $ 2,980
Commodity contracts | Natural gas        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026 notional quantity (bcf / mmbbls) | Bcf 62,000,000 62,000,000 62,000,000 62,000,000
2027 notional quantity (bcf / mmbbls) | Bcf 87,000,000 87,000,000 87,000,000 87,000,000
2028 notional quantity (bcf / mmbbls) | Bcf 32,000,000 32,000,000 32,000,000 32,000,000
2029 notional quantity (bcf / mmbbls) | Bcf 14,000,000 14,000,000 14,000,000 14,000,000
2030 notional quantity (bcf / mmbbls) | Bcf 6,000,000 6,000,000 6,000,000 6,000,000
Thereafter notional quantity (bcf / mmbbls) | Bcf 0 0 0 0
Total notional quantity (bcf / mmbbls) | Bcf 201,000,000 201,000,000 201,000,000 201,000,000
Commodity contracts | Crude        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026 notional quantity (bcf / mmbbls) | MMBbls (27,000,000) (27,000,000) (27,000,000) (27,000,000)
2027 notional quantity (bcf / mmbbls) | MMBbls (38,000,000) (38,000,000) (38,000,000) (38,000,000)
2028 notional quantity (bcf / mmbbls) | MMBbls 1,000,000 1,000,000 1,000,000 1,000,000
2029 notional quantity (bcf / mmbbls) | MMBbls 1,000,000 1,000,000 1,000,000 1,000,000
2030 notional quantity (bcf / mmbbls) | MMBbls 1,000,000 1,000,000 1,000,000 1,000,000
Thereafter notional quantity (bcf / mmbbls) | MMBbls 0 0 0 0
Total notional quantity (bcf / mmbbls) | MMBbls (62,000,000) (62,000,000) (62,000,000) (62,000,000)
Commodity contracts | Power        
RISK MANAGEMENT AND FINANCIAL INSTRUMENTS        
2026 notional quantity (MWH) | MWh 146,000,000 146,000,000 146,000,000 146,000,000
2027 notional quantity (MWH) | MWh 87,000,000 87,000,000 87,000,000 87,000,000
2028 notional quantity (MWH) | MWh 55,000,000 55,000,000 55,000,000 55,000,000
2029 notional quantity (MWH) | MWh 29,000,000 29,000,000 29,000,000 29,000,000
2030 notional quantity (MW/H) | MWh (2,000,000) (2,000,000) (2,000,000) (2,000,000)
Thereafter notional quantity (MWH) | MWh (2,000,000) (2,000,000) (2,000,000) (2,000,000)
Total notional quantity (MWH) | MWh 28,000,000 28,000,000 28,000,000 28,000,000