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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of long-term debt Presented in the table below are the components of long-term debt as of December 31:
RateWeighted Average RateMaturity20252024
Long-term debt of AWCC: (a)     
Senior notes—fixed rate
2.30%-8.27%
4.24%
2026-2055
$12,961 $11,786 
Private activity bonds and government funded debt—fixed rate
0.00%-3.88%
3.07%
2028-2045
187 187 
Long-term debt of other American Water subsidiaries:   
Private activity bonds and government funded debt—fixed rate
0.00%-5.00%
2.41%
2026-2061
717 761 
Mortgage bonds—fixed rate
6.35%-9.19%
7.37%
2026-2039
435 456 
Mandatorily redeemable preferred stock
8.47%-9.75%
8.64%
2036
Long-term debt 4.23% 14,303 13,193 
Unamortized debt discount, net (b)(27)(20)
Unamortized debt issuance costs   (17)(15)
Less current portion of long-term debt   (1,479)(637)
Total long-term debt   $12,780 $12,521 
(a)This indebtedness is considered “debt” for purposes of a support agreement between parent company and AWCC, which serves as a functional equivalent of a full and unconditional guarantee by parent company of AWCC’s payment obligations under such indebtedness.
(b)Includes debt discount, net of fair value adjustments previously recognized in acquisition purchase accounting.
Schedule of future sinking fund payments and debt maturities
Presented in the table below are future sinking fund payments and debt maturities:
Amount
2026$1,479 
2027646 
2028869 
2029938 
2030517 
Thereafter9,854 
Schedule of long-term debt issued
Presented in the table below are the issuances of long-term debt in 2025:
CompanyType
Rate
Weighted Average RateMaturityAmount
AWCCSenior notes—fixed rate
5.25%
5.25%
2035
$800 
AWCCSenior notes—fixed rate
5.70%
5.70%2055900 
Other American Water subsidiariesPrivate activity bonds and government funded debt—fixed rate
0.00%-3.71%
2.30%
2028-2057
89 
Total issuances   $1,789 
Schedule of long-term debt retired through optional redemptions or payments at maturities
Presented in the table below are the retirements and redemptions of long-term debt in 2025 through sinking fund provisions, optional redemption, payment at maturity or settlement:
CompanyType
Rate
Weighted Average RateMaturityAmount
AWCCSenior notes—fixed rate
3.40%
3.40%
2025
$525 
Other American Water subsidiariesPrivate activity bonds and government funded debt—fixed rate
0.00%-5.00%
0.37%
2025-2061
145 
Other American Water subsidiariesMortgage bonds—fixed rate
8.15%-8.58%
8.23%
2025
21 
Total retirements and redemptions   $691