v3.26.1
Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations
The following table summarizes the changes to our current and noncurrent ARO liabilities for the six months ended June 30, 2026 and 2025:
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Nuclear Plant DecommissioningLand Reclamation, Coal Ash, and OtherTotalNuclear
Plant
Decommissioning
Land Reclamation, Coal Ash, and OtherTotal
(in millions)
Liability at beginning of period$3,374 $842 $4,216 $3,240 $838 $4,078 
Accretion (a)82 13 95 75 20 95 
Adjustment for change in estimates (b)— (5)(5)— (31)(31)
Payments— (37)(37)— (43)(43)
Liability at end of period3,456 813 4,269 3,315 784 4,099 
Less amounts due currently— (197)(197)— (146)(146)
Noncurrent liability at end of period$3,456 $616 $4,072 $3,315 $638 $3,953 
____________
(a)For the six months ended June 30, 2026 and 2025, nuclear plant decommissioning accretion includes $50 million and $46 million, respectively, of accretion expense recognized in operating costs in the condensed consolidated statements of operations and $32 million and $29 million, respectively, reflected as a change in regulatory liability in the condensed consolidated balance sheets.
(b)There is a corresponding non-cash change in property, plant, and equipment related to land, reclamation, coal ash, and other ARO adjustments of $7 million and $14 million for the six months ended June 30, 2026 and 2025, respectively.