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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 328 $ 400
Restricted cash and cash equivalents (Note 19) 37 501
Accounts receivable (Note 6) 123 137
Inventory, net (Note 8) 302 375
Derivative instruments (Notes 5 and 14) 66 89
Other current assets 184 52
Total current assets 1,040 1,554
Property, plant and equipment, net (Note 10) 3,154 3,839
Nuclear decommissioning trust funds (Notes 9 and 14) 1,724 1,575
Derivative instruments (Notes 5 and 14) 5 6
Other noncurrent assets 183 147
Total Assets 6,106 7,121
Liabilities and Equity    
Long-term debt, due within one year (Notes 13 and 14) 17 9
Accrued interest 18 32
Accounts payable and other accrued liabilities 266 344
Derivative instruments (Notes 5 and 14) 0 32
Other current liabilities 154 69
Total current liabilities 455 486
Long-term debt (Notes 13 and 14) 2,987 2,811
Derivative instruments (Notes 5 and 14) 7 11
Postretirement benefit obligations (Note 15) 305 368
Asset retirement obligations and accrued environmental costs (Note 11) 468 469
Deferred income taxes (Note 7) 362 407
Other noncurrent liabilities 135 35
Total Liabilities 4,719 4,587
Commitments and Contingencies (Note 12)
Stockholders’ Equity    
Common stock [1] 0 0
Additional paid-in capital 1,725 2,346
Accumulated retained earnings (deficit) (326) 134
Accumulated other comprehensive income (loss) (12) (23)
Total Stockholders' Equity 1,387 2,457
Noncontrolling interests 0 77
Total Equity 1,387 2,534
Total Liabilities and Equity $ 6,106 $ 7,121
[1]
(a)45,961,910 and 59,028,843 shares issued and outstanding as of December 31, 2024 (Successor) and December 31, 2023 (Successor), respectively.