Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Cash flows from operating activities:
Net income	$ 1,492	$ 52
Adjustments to reconcile to net cash provided by operating activities:
Depreciation and amortization	742	707
Equity allowance for funds used during construction	(46)	(47)
Impairment	8	0
Deferred income taxes	421	(114)
Wildfire Insurance Fund amortization expense	36	36
Other	28	13
Nuclear decommissioning trusts	(34)	(20)
Changes in operating assets and liabilities:
Receivables	269	84
Inventory	(1)	5
Accounts payable	70	(19)
Tax receivables and payables	14	(2)
Other current assets and liabilities	(235)	(300)
Derivative assets and liabilities, net	33	(17)
Regulatory assets and liabilities, net	(1,443)	250
Wildfire-related insurance receivable	12	0
Wildfire-related claims	(143)	419
Other noncurrent assets and liabilities	1	(4)
Net cash provided by operating activities	1,224	1,043
Cash flows from financing activities:
Long-term debt issued, net of discount and issuance costs of $49 and $24 for the respective periods	3,501	2,976
Long-term debt repaid	(1)	(601)
Short-term debt repaid	0	(390)
Common stock repurchased	(29)	0
Preferred stock repurchased	0	(19)
Commercial paper repayments, net of borrowing	(1,687)	(622)
Dividends and distribution to noncontrolling interests	(34)	(43)
Common stock dividends paid	(319)	(295)
Preferred stock dividends paid	(44)	(44)
Other	(13)	26
Net cash provided by financing activities	1,374	988
Cash flows from investing activities:
Capital expenditures	(1,408)	(1,279)
Proceeds from sale of nuclear decommissioning trust investments	1,406	1,258
Purchases of nuclear decommissioning trust investments	(1,372)	(1,257)
Other	0	2
Net cash used in investing activities	(1,374)	(1,276)
Net increase in cash, cash equivalents and restricted cash	1,224	755
Cash, cash equivalents and restricted cash at beginning of period	684	532
Cash, cash equivalents and restricted cash at end of period	$ 1,908	$ 1,287