v3.26.3
CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Common stock
Additional Paid In Capital
Retained Earnings
Balance (in shares) at Dec. 31, 2024   933,000    
Beginning Balance at Dec. 31, 2024 $ 1,617 $ 93 $ 1,046 $ 478
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 111     111
Common dividends declared to parent (60)     (60)
Contribution of capital by parent 154   154  
Balance (in shares) at Sep. 30, 2025   933,000    
Ending Balance at Sep. 30, 2025 1,822 $ 93 1,200 529
Balance (in shares) at Jun. 30, 2025   933,000    
Beginning Balance at Jun. 30, 2025 1,756 $ 93 1,156 507
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 43     43
Common dividends declared to parent (21)     (21)
Contribution of capital by parent 44   44  
Balance (in shares) at Sep. 30, 2025   933,000    
Ending Balance at Sep. 30, 2025 $ 1,822 $ 93 1,200 529
Balance (in shares) at Dec. 31, 2025 933,000 933,000    
Beginning Balance at Dec. 31, 2025 $ 1,866 $ 93 1,213 560
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 157     157
Common dividends declared to parent (77)     (77)
Contribution of capital by parent $ 127   127  
Balance (in shares) at Sep. 30, 2026 933,000 933,000    
Ending Balance at Sep. 30, 2026 $ 2,073 $ 93 1,340 640
Balance (in shares) at Jun. 30, 2026   933,000    
Beginning Balance at Jun. 30, 2026 2,012 $ 93 1,307 612
Increase (Decrease) in Stockholder's Equity        
Net Income (Loss) 53     53
Common dividends declared to parent (25)     (25)
Contribution of capital by parent $ 33   33  
Balance (in shares) at Sep. 30, 2026 933,000 933,000    
Ending Balance at Sep. 30, 2026 $ 2,073 $ 93 $ 1,340 $ 640