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
Beginning balance (in shares) at Dec. 31, 2024   100      
Beginning balance at Dec. 31, 2024 $ 4,238 $ 0 $ 3,647 $ 592 $ (1)
Increase (Decrease) in Stockholders' Equity          
Net income 320     320  
Dividends declared to parent (268)     (268)  
Contributions of capital by parent 555   555    
Ending balance (in shares) at Sep. 30, 2025   100      
Ending balance at Sep. 30, 2025 4,845 $ 0 4,202 644 (1)
Beginning balance (in shares) at Jun. 30, 2025   100      
Beginning balance at Jun. 30, 2025 4,846 $ 0 4,200 647 (1)
Increase (Decrease) in Stockholders' Equity          
Net income 160     160  
Dividends declared to parent (163)     (163)  
Contributions of capital by parent 2   2    
Ending balance (in shares) at Sep. 30, 2025   100      
Ending balance at Sep. 30, 2025 $ 4,845 $ 0 4,202 644 (1)
Beginning balance (in shares) at Dec. 31, 2025 100 100      
Beginning balance at Dec. 31, 2025 $ 4,842 $ 0 4,221 622 (1)
Increase (Decrease) in Stockholders' Equity          
Net income 423     423  
Dividends declared to parent (191)     (191)  
Contributions of capital by parent $ 784   784    
Ending balance (in shares) at Sep. 30, 2026 100 100      
Ending balance at Sep. 30, 2026 $ 5,858 $ 0 5,005 854 (1)
Beginning balance (in shares) at Jun. 30, 2026   100      
Beginning balance at Jun. 30, 2026 5,526 $ 0 4,827 700 (1)
Increase (Decrease) in Stockholders' Equity          
Net income 216     216  
Dividends declared to parent (62)     (62)  
Contributions of capital by parent $ 178   178    
Ending balance (in shares) at Sep. 30, 2026 100 100      
Ending balance at Sep. 30, 2026 $ 5,858 $ 0 $ 5,005 $ 854 $ (1)