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Interim Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Treasury Stock
Retained Earnings
Accumulated other comprehensive loss
Beginning Balance (in shares) at Dec. 31, 2023   50,000,000        
Beginning Balance at Dec. 31, 2023 $ 3,071 $ 0 $ 1,770 $ (310) $ 1,901 $ (290)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 344       344  
Other comprehensive income (loss) (25)         (25)
Ending Balance (in shares) at Mar. 31, 2024   50,000,000        
Ending Balance at Mar. 31, 2024 3,390 $ 0 1,770 (310) 2,245 (315)
Beginning Balance (in shares) at Dec. 31, 2023   50,000,000        
Beginning Balance at Dec. 31, 2023 3,071 $ 0 1,770 (310) 1,901 (290)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 875          
Other comprehensive income (loss) (289)          
Ending Balance (in shares) at Jun. 30, 2024   50,000,000        
Ending Balance at Jun. 30, 2024 3,656 $ 0 1,770 (311) 2,776 (579)
Beginning Balance (in shares) at Mar. 31, 2024   50,000,000        
Beginning Balance at Mar. 31, 2024 3,390 $ 0 1,770 (310) 2,245 (315)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common Stock repurchased (1)     (1)    
Net income 531       531  
Other comprehensive income (loss) (264)         (264)
Ending Balance (in shares) at Jun. 30, 2024   50,000,000        
Ending Balance at Jun. 30, 2024 $ 3,656 $ 0 1,770 (311) 2,776 (579)
Beginning Balance (in shares) at Dec. 31, 2024 50,697,375 50,000,000        
Beginning Balance at Dec. 31, 2024 $ 4,351 $ 0 1,770 (311) [1] 3,812 (920)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 494       494  
Other comprehensive income (loss) 159         159
Ending Balance (in shares) at Mar. 31, 2025   50,000,000        
Ending Balance at Mar. 31, 2025 $ 5,004 $ 0 1,770 (311) [1] 4,306 (761)
Beginning Balance (in shares) at Dec. 31, 2024 50,697,375 50,000,000        
Beginning Balance at Dec. 31, 2024 $ 4,351 $ 0 1,770 (311) [1] 3,812 (920)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 1,017          
Other comprehensive income (loss) $ 345          
Ending Balance (in shares) at Jun. 30, 2025 50,697,375 50,000,000        
Ending Balance at Jun. 30, 2025 $ 5,713 $ 0 1,770 (311) [1] 4,829 (575)
Beginning Balance (in shares) at Mar. 31, 2025   50,000,000        
Beginning Balance at Mar. 31, 2025 5,004 $ 0 1,770 (311) [1] 4,306 (761)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 523       523  
Other comprehensive income (loss) $ 186         186
Ending Balance (in shares) at Jun. 30, 2025 50,697,375 50,000,000        
Ending Balance at Jun. 30, 2025 $ 5,713 $ 0 $ 1,770 $ (311) [1] $ 4,829 $ (575)
[1] As of June 30, 2025, the Company held 225,474 shares as treasury stock.