v3.26.1
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment
7. Property, Plant and Equipment
June 30, 2026December 31, 2025
Estimated Useful Life (years)Gross ValueAccumulated DepreciationCarrying ValueGross ValueAccumulated DepreciationCarrying Value
Electric generation
3-37
$11,753 $(634)$11,119 $7,522 $(481)$7,041 
Nuclear fuel
1-6
458 (197)261 403 (213)190 
Other property and equipment
3-24
327 (13)314 63 (11)52 
Capitalized software
1-5
11 (6)5 10 (5)5 
Construction work in progress229 — 229 258 — 258 
Property, plant and equipment, net$12,778 $(850)$11,928 $8,256 $(710)$7,546 

The components of “Depreciation, amortization and accretion” presented on the Consolidated Statements of Operations for the periods were: 
 Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Depreciation expense (a)
$88 $52 $165 $107 
Amortization expense (b)
— 3 1 8 
Accretion expense (c)
15 15 29 29 
Depreciation, amortization and accretion$103 $70 $195 $144 
__________________
(a)Electric generation and other property and equipment.
(b)Intangible assets and capitalized software.
(c)ARO and accrued environmental cost accretion. See Note 8 for additional information.
The cost of nuclear fuel and the amortization of nuclear fuel intangible assets are presented as “Nuclear fuel amortization” on the Consolidated Statements of Operations.