v3.26.3
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Balance (in shares) at Dec. 31, 2024   574,365,598      
Beginning balance at Dec. 31, 2024 $ 19,522 $ 1,436 $ 9,601 $ 8,553 $ (68)
Increase (Decrease) in Stockholders' Equity          
Net income 1,451     1,451  
Other comprehensive income $ 3       3
Dividends declared on common stock (USD per share) $ 1.71        
Dividends declared on common stock $ (1,002)     (1,002)  
Issuances of common stock (in shares)   17,066,503      
Issuances of common stock 1,169 $ 43 1,126    
Share-based compensation 38   45 (7)  
Balance (in shares) at Sep. 30, 2025   591,432,101      
Ending balance at Sep. 30, 2025 21,181 $ 1,479 10,772 8,995 (65)
Balance (in shares) at Jun. 30, 2025   591,201,845      
Beginning balance at Jun. 30, 2025 20,961 $ 1,478 10,736 8,813 (66)
Increase (Decrease) in Stockholders' Equity          
Net income 524     524  
Other comprehensive income $ 1       1
Dividends declared on common stock (USD per share) $ 0.57        
Dividends declared on common stock $ (337)     (337)  
Issuances of common stock (in shares)   230,256      
Issuances of common stock 16 $ 1 15    
Share-based compensation 16   21    
Balance (in shares) at Sep. 30, 2025   591,432,101      
Ending balance at Sep. 30, 2025 $ 21,181 $ 1,479 10,772 8,995 (65)
Balance (in shares) at Dec. 31, 2025 623,600,715 623,600,715      
Beginning balance at Dec. 31, 2025 $ 23,609 $ 1,559 12,906 9,207 (63)
Increase (Decrease) in Stockholders' Equity          
Net income 2,102     2,102  
Other comprehensive income $ 13       13
Dividends declared on common stock (USD per share) $ 1.78        
Dividends declared on common stock $ (1,116)     (1,116)  
Issuances of common stock (in shares)   11,513,947      
Issuances of common stock 868 $ 29 839    
Share-based compensation $ 25   29 (4)  
Balance (in shares) at Sep. 30, 2026 635,114,662 635,114,662      
Ending balance at Sep. 30, 2026 $ 25,501 $ 1,588 13,774 10,189 (50)
Balance (in shares) at Jun. 30, 2026   624,405,747      
Beginning balance at Jun. 30, 2026 24,057 $ 1,561 12,947 9,607 (58)
Increase (Decrease) in Stockholders' Equity          
Net income 960     960  
Other comprehensive income $ 8       8
Dividends declared on common stock (USD per share) $ 0.59        
Dividends declared on common stock $ (376)     (376)  
Issuances of common stock (in shares)   10,708,915      
Issuances of common stock 838 $ 27 811    
Share-based compensation $ 14   16    
Balance (in shares) at Sep. 30, 2026 635,114,662 635,114,662      
Ending balance at Sep. 30, 2026 $ 25,501 $ 1,588 $ 13,774 $ 10,189 $ (50)