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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) $ 5,071 $ 4,614 $ 2,874
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion (including amortization of nuclear fuel) 7,704 6,419 6,084
Equity in (earnings) losses of unconsolidated affiliates (51) 9 (98)
Losses on sales of Commercial Renewables Disposal Groups 4 14 1,725
Equity component of AFUDC (328) (233) (198)
Impairment of assets and other charges (4) 38 85
Deferred income taxes 1,204 987 3
Contributions to qualified pension plans (100) (100) (100)
Payments for asset retirement obligations (509) (545) (632)
(Increase) decrease in      
Net realized and unrealized mark-to-market and hedging transactions 0 (103) (18)
Receivables (187) (23) 443
Inventory (63) (212) (706)
Other current assets 6 885 (267)
Increase (decrease) in      
Accounts payable (821) 1,329 (800)
Taxes accrued 127 32 126
Other current liabilities 52 (55) (80)
Other assets (265) (1,170) 914
Other liabilities 535 468 575
Net cash provided by operating activities 12,330 12,328 9,878
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (14,024) (12,280) (12,604)
Contributions to equity method investments 0 (8) (34)
Return of investment capital 22 25 16
Purchases of debt and equity securities (8,888) (5,703) (3,761)
Proceeds from sales and maturities of debt and equity securities 9,005 5,803 3,824
Proceeds from the sales of other assets 67 49 149
Proceeds from the sales of Commercial Renewables Disposal Groups, net of cash divested 559 0 734
Other (1,079) (1,009) (799)
Net cash used in investing activities (14,338) (13,123) (12,475)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from the issuance of long-term debt 11,891 8,956 10,028
Proceeds from the issuance of common stock 16 405 8
Redemption of preferred stock 0 (1,000) 0
Payments for the redemption of long-term debt (5,652) (3,357) (4,737)
Proceeds from the issuance of short-term debt with original maturities greater than 90 days 124 557 610
Payments for the redemption of short-term debt with original maturities greater than 90 days (5) (1,096) (125)
Notes payable and commercial paper (1,238) (388) (343)
Contributions from noncontrolling interests   47 278
Dividends paid (3,300) (3,213) (3,244)
Other 114 (52) (124)
Net cash provided by financing activities 1,950 859 2,351
Net (decrease) increase in cash, cash equivalents and restricted cash (58) 64 (246)
Cash, cash equivalents and restricted cash at beginning of period 421 357 603
Cash, cash equivalents and restricted cash at end of period 363 421 357
Supplemental Disclosures:      
Cash paid for interest, net of amount capitalized 3,590 3,284 2,883
Cash (received from) paid for income taxes, net (includes transferable tax credit sale proceeds) (625) (400) 1
Significant non-cash transactions:      
Accrued capital expenditures $ 2,674 $ 1,909 $ 1,908