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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Balance at beginning of period at Dec. 31, 2023 $ 15,542 $ 0 $ 0 $ 8,783 $ (1,208) $ 7,967
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 536         536
Other comprehensive income (loss) (39)       (39)  
Stock-based compensation 6     6    
Dividends paid (Note 10) (450)         (450)
Balance at end of period at Mar. 31, 2024 15,596 0 0 8,789 (1,246) 8,054
Balance at beginning of period at Dec. 31, 2024 15,193 0 0 8,814 (1,531) 7,909
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 499         499
Other comprehensive income (loss) (28)       (28)  
Stock-based compensation 8     8    
Dividends paid (Note 10) (350)         (350)
Balance at end of period at Mar. 31, 2025 $ 15,321 $ 0 $ 0 $ 8,822 $ (1,559) $ 8,058