v3.26.3
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment
7. Property, Plant and Equipment
September 30, 2026December 31, 2025
Estimated Useful Life (years)Gross ValueAccumulated DepreciationCarrying ValueGross ValueAccumulated DepreciationCarrying Value
Electric generation
3-37
$11,767 $(775)$10,992 $7,522 $(481)$7,041 
Nuclear fuel
1-6
458 (223)235 403 (213)190 
Other property and equipment
3-24
333 (15)318 63 (11)52 
Capitalized software
1-5
11 (6)5 10 (5)5 
Construction work in progress308 — 308 258 — 258 
Property, plant and equipment, net$12,877 $(1,019)$11,858 $8,256 $(710)$7,546 
The components of “Depreciation, amortization and accretion” presented on the Consolidated Statements of Operations for the periods were: 
 Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Depreciation expense (a)
$141 $46 $306 $153 
Amortization expense (b)
1 1 2 9 
Accretion expense (c)
15 14 44 43 
Depreciation, amortization and accretion$157 $61 $352 $205 
__________________
(a)Electric generation and other property and equipment.
(b)Intangible assets and capitalized software.
(c)ARO and accrued environmental cost accretion. See Note 8 for additional information.
The cost of nuclear fuel and the amortization of nuclear fuel intangible assets are presented as “Nuclear fuel amortization” on the Consolidated Statements of Operations.
RMR Arrangements
In August 2026, the FERC approved the extensions of the Brandon Shores and H.A. Wagner RMR agreements through May 31, 2031.
See Note 9 for additional information.