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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
5 Months Ended 7 Months Ended 12 Months Ended
May 17, 2023
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]        
Net Income (Loss) $ 465 $ 143 $ 1,013 $ (1,293)
Other Comprehensive Income (Loss)        
Available-for-sale securities unrealized gain (loss), net (Note 9) 6 2 (14) (69)
Postretirement benefit actuarial (gain) loss, net (Note 15) 0 (38) 5 (15)
Postretirement benefit prior service (credits) costs, net (Note 15) 0 0 21 0
Income tax benefit (expense) (2) 8 5 31
Gains (losses) arising during the period, net of tax 4 (28) 17 (53)
Available-for-sale securities unrealized (gain) loss, net (Note 9) 4 7 1 33
Qualifying derivatives unrealized (gain) loss, net (1) 0 0 (2)
Postretirement benefit prior service (credits) costs, net (Note 15) 0 0 (1) 1
Postretirement benefit actuarial (gain) loss, net (Note 15) 2 0 0 27
Income tax benefit (expense) (3) (2) (6) (21)
Reclassifications from AOCI, net of tax 2 5 (6) 38
Other comprehensive income (loss) 6 (23) 11 (15)
Comprehensive Income (Loss) 471 120 1,024 (1,308)
Less: Comprehensive income (loss) attributable to noncontrolling interest (14) 9 15 (4)
Comprehensive Income (Loss) Attributable to Stockholders (Successor) / Member (Predecessor) $ 485 $ 111 $ 1,009 $ (1,304)