v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Equity, Attributable to Parent, balance at beginning of period at Dec. 31, 2024 $ 2,994 $ 892 $ 2,074 $ 28
Net income 127   127  
Dividends to ITC Investment Holdings (73)   (73)  
Total other comprehensive income (loss), net of tax (3)      
Stockholders' Equity Attributable to Parent, balance at end of period at Mar. 31, 2025 3,045 892 2,128 25
Equity, Attributable to Parent, balance at beginning of period at Dec. 31, 2024 2,994 892 2,074 28
Total other comprehensive income (loss), net of tax       (3)
Stockholders' Equity Attributable to Parent, balance at end of period at Jun. 30, 2025 3,112 892 2,199 21
Equity, Attributable to Parent, balance at beginning of period at Dec. 31, 2024 2,994 892 2,074 28
Net income 387      
Dividends to ITC Investment Holdings (129)      
Total other comprehensive income (loss), net of tax (8)      
Stockholders' Equity Attributable to Parent, balance at end of period at Sep. 30, 2025 3,244 892 2,332 20
Equity, Attributable to Parent, balance at beginning of period at Mar. 31, 2025 3,045 892 2,128 25
Net income 127   127  
Dividends to ITC Investment Holdings (56)   (56)  
Total other comprehensive income (loss), net of tax (4)     (4)
Stockholders' Equity Attributable to Parent, balance at end of period at Jun. 30, 2025 3,112 892 2,199 21
Net income 133   133  
Total other comprehensive income (loss), net of tax (1)     (1)
Stockholders' Equity Attributable to Parent, balance at end of period at Sep. 30, 2025 3,244 892 2,332 20
Equity, Attributable to Parent, balance at beginning of period at Dec. 31, 2025 3,357 892 2,444 21
Net income 137   137  
Dividends to ITC Investment Holdings (73)   (73)  
Total other comprehensive income (loss), net of tax 2     2
Stockholders' Equity Attributable to Parent, balance at end of period at Mar. 31, 2026 3,423 892 2,508 23
Equity, Attributable to Parent, balance at beginning of period at Dec. 31, 2025 3,357 892 2,444 21
Net income 421      
Dividends to ITC Investment Holdings (231)      
Total other comprehensive income (loss), net of tax 4      
Stockholders' Equity Attributable to Parent, balance at end of period at Sep. 30, 2026 3,551 892 2,634 25
Equity, Attributable to Parent, balance at beginning of period at Mar. 31, 2026 3,423 892 2,508 23
Net income 135   135  
Dividends to ITC Investment Holdings (91)   (91)  
Total other comprehensive income (loss), net of tax (1)     (1)
Stockholders' Equity Attributable to Parent, balance at end of period at Jun. 30, 2026 3,466 892 2,552 22
Net income 149   149  
Dividends to ITC Investment Holdings (67)   (67)  
Total other comprehensive income (loss), net of tax 3     3
Stockholders' Equity Attributable to Parent, balance at end of period at Sep. 30, 2026 $ 3,551 $ 892 $ 2,634 $ 25