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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 336 $ 750
Accounts receivable, less allowances of $55 and $66, respectively 441 379
Prepaid expenses 89 67
Income taxes and other current assets 97 64
Total current assets 963 1,260
Property, plant and equipment, net 17,345 15,678
Other intangibles, net 3,023 3,264
Other assets 296 412
Total assets 21,627 20,614
Current liabilities:    
Long-term debt due within one year 10 10
Accounts payable and accrued liabilities 1,249 1,033
Advanced billings 201 180
Accrued other taxes 128 124
Accrued interest 187 128
Pension and other postretirement benefits 39 39
Other current liabilities 1,347 775
Total current liabilities 3,161 2,289
Deferred income taxes 560 609
Pension and other postretirement benefits 476 591
Other liabilities 723 633
Long-term debt 12,008 11,551
Total liabilities 16,928 15,673
Equity:    
Common stock, $0.01 par value (1,750,000 authorized shares, 250,336 and 249,695 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively) 3 3
Additional paid-in capital 4,334 4,299
Retained earnings 299 562
Accumulated other comprehensive income, net of tax 63 77
Total equity 4,699 4,941
Total liabilities and equity $ 21,627 $ 20,614