v3.26.3
CONSOLIDATED STATEMENTS OF MEMBERS' EQUITY - USD ($)
$ in Millions
Total
Total Members' Equity
Members' Equity
Retained Earnings
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 3,310 $ 2,536 $ 2,250 $ 286 $ 774
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 128 109   109 19
Cash distribution declared (50) (50)   (50)  
Ending balance at Mar. 31, 2025 3,388 2,595 2,250 345 793
Beginning balance at Dec. 31, 2024 3,310 2,536 2,250 286 774
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 448        
Ending balance at Sep. 30, 2025 3,608 2,776 2,250 526 832
Beginning balance at Mar. 31, 2025 3,388 2,595 2,250 345 793
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 118 100   100 18
Cash distribution declared (50) (50)   (50)  
Ending balance at Jun. 30, 2025 3,456 2,645 2,250 395 811
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 202 181   181 21
Cash distribution declared (50) (50)   (50)  
Ending balance at Sep. 30, 2025 3,608 2,776 2,250 526 832
Beginning balance at Dec. 31, 2025 3,618 2,838 2,250 588 780
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 142 123   123 19
Cash distribution declared (50) (50)   (50)  
Ending balance at Mar. 31, 2026 3,710 2,911 2,250 661 799
Beginning balance at Dec. 31, 2025 3,618 2,838 2,250 588 780
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 424        
Ending balance at Sep. 30, 2026 3,892 3,054 2,250 804 838
Beginning balance at Mar. 31, 2026 3,710 2,911 2,250 661 799
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 145 125   125 20
Cash distribution declared (50) (50)   (50)  
Ending balance at Jun. 30, 2026 3,805 2,986 2,250 736 819
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 137 118   118 19
Cash distribution declared (50) (50)   (50)  
Ending balance at Sep. 30, 2026 $ 3,892 $ 3,054 $ 2,250 $ 804 $ 838