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Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 4 Months Ended 5 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2023
May 17, 2023
Sep. 30, 2024
Operating revenues $ 650 $ 516 $ 817 $ 1,210 $ 1,648
Fuel and energy purchases (222) (253) (310) (176) (535)
Nuclear fuel amortization (30) (47) (72) (33) (93)
Unrealized gain (loss) on derivative instruments (Note 3) 7 44 (2) (123) (5)
Energy Expenses (245) (256) (384) (332) (633)
Operating Expenses          
Operation, maintenance and development (127) (140) (209) (285) (445)
General and administrative (38) (37) (55) (51) (121)
Depreciation, amortization and accretion (Note 8) (75) (66) (94) (200) (225)
Impairments 0 (2) (2) (381) 0
Other operating income (expense), net (7) (8) (11) (37) (14)
Operating Income (Loss) 158 7 62 (76) 210
Nuclear decommissioning trust funds gain (loss), net 67 (24) 15 57 169
Interest expense and other finance charges (Note 11) (66) (68) (101) (163) (187)
Reorganization income (expense), net 0 0 0 799 0
Gain (loss) on sale of assets, net (Note 17) 0 0 0 50 885
Other non-operating income (expense), net 20 (7) (18) 10 60
Income (loss) before income taxes 179 (92) (42) 677 1,137
Income tax benefit (expense) (11) 16 (3) (212) (192)
Net Income (Loss) 168 (76) (45) 465 945
Less: Net income (loss) attributable to noncontrolling interest 0 1 3 (14) 29
Net Income (Loss) Attributable to Stockholders (Successor) / Member (Predecessor) $ 168 $ (77) $ (48) $ 479 $ 916
Per Common Share (Successor)          
Net Income (Loss) Attributable to Stockholders - Basic (in dollars per share) $ 3.30 $ (1.30) $ (0.81)   $ 16.44
Net Income (Loss) Attributable to Stockholders - Diluted (in dollars per share) $ 3.16 $ (1.30) $ (0.81)   $ 15.86
Weighted-Average Number of Common Shares Outstanding - Basic (in shares) 50,924 59,029 59,029 0 55,703
Weighted-Average Number of Common Shares Outstanding - Diluted (in shares) 53,169 59,029 59,029 0 57,756
Capacity revenues          
Operating revenues $ 50 $ 44 $ 70 $ 108 $ 141
Energy and other revenues          
Operating revenues 505 600 788 1,042 1,444
Unrealized gain (loss) on derivative instruments (Note 3)          
Operating revenues $ 95 $ (128) $ (41) $ 60 $ 63