v3.26.3
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional Paid In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2024   100      
Beginning Balance at Dec. 31, 2024 $ 10,735 $ 0 $ 8,256 $ 2,498 $ (19)
Increase (Decrease) in Stockholder's Equity          
Net income 462     462  
Total other comprehensive income 1       1
Dividends declared to parent (287)     (287)  
Contribution of capital by parent 1,071   1,071    
Balance (in shares) at Sep. 30, 2025   100      
Ending Balance at Sep. 30, 2025 11,982 $ 0 9,327 2,673 (18)
Balance (in shares) at Jun. 30, 2025   100      
Beginning Balance at Jun. 30, 2025 11,660 $ 0 9,012 2,666 (18)
Increase (Decrease) in Stockholder's Equity          
Net income 48     48  
Total other comprehensive income 0        
Dividends declared to parent (41)     (41)  
Contribution of capital by parent 315   315    
Balance (in shares) at Sep. 30, 2025   100      
Ending Balance at Sep. 30, 2025 $ 11,982 $ 0 9,327 2,673 (18)
Balance (in shares) at Dec. 31, 2025 100 100      
Beginning Balance at Dec. 31, 2025 $ 13,206 $ 0 10,409 2,815 (18)
Increase (Decrease) in Stockholder's Equity          
Net income 824     824  
Total other comprehensive income 1       1
Dividends declared to parent (406)     (406)  
Contribution of capital by parent $ 1,746   1,746    
Balance (in shares) at Sep. 30, 2026 100 100      
Ending Balance at Sep. 30, 2026 $ 15,371 $ 0 12,155 3,233 (17)
Balance (in shares) at Jun. 30, 2026   100      
Beginning Balance at Jun. 30, 2026 14,291 $ 0 11,309 2,999 (17)
Increase (Decrease) in Stockholder's Equity          
Net income 363     363  
Total other comprehensive income 0        
Dividends declared to parent (129)     (129)  
Contribution of capital by parent $ 846   846    
Balance (in shares) at Sep. 30, 2026 100 100      
Ending Balance at Sep. 30, 2026 $ 15,371 $ 0 $ 12,155 $ 3,233 $ (17)