
	Three months ended June 30, 2026
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue:
Home	$	1,788	$	571	$	220	$	587	$	(6)	$	3,160
Business	911		2,199		416		—		—		3,526
Total retail revenue(a)	2,699		2,770		636		587		(6)		6,686
Energy revenue(a)	14		287		—		—		—		301
Capacity revenue(a)	—		392		6		—		(6)		392
Mark-to-market for economic hedging activities(b)	—		14		—		—		4		18
Contract amortization	—		14		—		—		—		14
Other revenue(a)	34		35		2		—		(1)		70
Total revenue	2,747		3,512		644		587		(9)		7,481
Less: Revenues accounted for under topics other than ASC 606 and ASC 815	—		57		2		39		—		98
Less: Realized and unrealized ASC 815 revenue	(5)		65		(1)		—		5		64
Total revenue from contracts with customers	$	2,752	$	3,390	$	643	$	548	$	(14)	$	7,319
(a) The following table represents the realized revenues related to derivative instruments that are accounted for under ASC 815 and included in the amounts above:
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue	$	—	$	6	$	—	$	—	$	—	$	6
Energy revenue	—		27		—		—		1		28
Capacity revenue	—		23		—		—		—		23
Other revenue	(5)		(5)		(1)		—		—		(11)
(b) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815


	Three months ended June 30, 2025
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue:
Home	$	1,804	$	524	$	207	$	522	$	(5)	$	3,052
Business	975		2,084		408		—		—		3,467
Total retail revenue(a)	2,779		2,608		615		522		(5)		6,519
Energy revenue(a)	15		64		20		—		—		99
Capacity revenue(a)	—		55		6		—		—		61
Mark-to-market for economic hedging activities(b)	—		3		(2)		—		(2)		(1)

Other revenue(a)	52		8		5		—		(3)		62
Total revenue	2,846		2,738		644		522		(10)		6,740
Less: Revenues accounted for under topics other than ASC 606 and ASC 815	—		—		2		28		—		30
Less: Realized and unrealized ASC 815 revenue	12		33		(7)		—		(1)		37
Total revenue from contracts with customers	$	2,834	$	2,705	$	649	$	494	$	(9)	$	6,673
(a) The following table represents the realized revenues related to derivative instruments that are accounted for under ASC 815 and included in the amounts above:
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue	$	—	$	7	$	—	$	—	$	—	$	7
Energy revenue	—		8		(4)		—		—		4
Capacity revenue	—		16		—		—		—		16
Other revenue	12		(1)		(1)		—		1		11
(b) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815



	Six months ended June 30, 2026
(In millions)	Texas(a)		East(a)		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue:
Home	$	3,237	$	1,346	$	562	$	1,165	$	(18)	$	6,292
Business	1,797		7,161		936		—		—		9,894
Total retail revenue(b)	5,034		8,507		1,498		1,165		(18)		16,186
Energy revenue(b)	22		754		—		—		—		776
Capacity revenue(b)	—		631		6		—		(6)		631
Mark-to-market for economic hedging activities(c)	—		(30)		—		—		6		(24)
Contract amortization	—		20		—		—		—		20
Other revenue(b)	84		62		4		—		(2)		148
Total revenue	5,140		9,944		1,508		1,165		(20)		17,737
Less: Revenues accounted for under topics other than ASC 606 and ASC 815	—		103		4		86		—		193
Less: Realized and unrealized ASC 815 revenue	(8)		94		(4)		—		7		89
Total revenue from contracts with customers	$	5,148	$	9,747	$	1,508	$	1,079	$	(27)	$	17,455
(a) Includes results of operations following the acquisition date of the LSP Portfolio of January 30, 2026
(b) The following table represents the realized revenues related to derivative instruments that are accounted for under ASC 815 and included in the amounts above:
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue	$	—	$	47	$	—	$	—	$	—	$	47
Energy revenue	—		32		—		—		1		33
Capacity revenue	—		49		—		—		—		49
Other revenue	(8)		(4)		(4)		—		—		(16)
(c) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815



	Six months ended June 30, 2025
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue:
Home	$	3,359	$	1,262	$	667	$	1,033	$	(9)	$	6,312
Business	1,807		5,696		920		—		—		8,423
Total retail revenue(a)	5,166		6,958		1,587		1,033		(9)		14,735
Energy revenue(a)	22		222		101		—		(1)		344
Capacity revenue(a)	—		95		14		—		(1)		108
Mark-to-market for economic hedging activities(b)	—		(16)		—		—		—		(16)
Contract amortization	—		(5)		—		—		—		(5)
Other revenue(a)	93		61		12		—		(7)		159
Total revenue	5,281		7,315		1,714		1,033		(18)		15,325
Less: Revenues accounted for under topics other than ASC 606 and ASC 815	—		37		4		54		—		95
Less: Realized and unrealized ASC 815 revenue	10		59		(1)		—		—		68
Total revenue from contracts with customers	$	5,271	$	7,219	$	1,711	$	979	$	(18)	$	15,162
(a) The following table represents the realized revenues related to derivative instruments that are accounted for under ASC 815 and included in the amounts above:
(In millions)	Texas		East		West/Other		Vivint Smart Home		Corporate/Eliminations		Total
Retail revenue	$	—	$	18	$	—	$	—	$	—	$	18
Energy revenue	—		22		—		—		—		22
Capacity revenue	—		32		—		—		—		32
Other revenue	10		3		(1)		—		—		12
(b) Revenue relates entirely to unrealized gains and losses on derivative instruments accounted for under ASC 815