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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Millions
Total
CEG
Tax Equity Investor
Preferred Stock
Common Stock
Additional Paid-In Capital
Retained Earnings
Retained Earnings
CEG
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Noncontrolling Interest
CEG
Noncontrolling Interest
Tax Equity Investor
Balance at beginning of period at Dec. 31, 2023 $ 4,994     $ 0 $ 1 $ 1,732 $ 361   $ 7 $ 2,893    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) (47)           (2)     (45)    
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (1)               (2) 1    
Distributions to CEG, net of contributions, cash   $ (1)                 $ (1)  
Contributions from noncontrolling interests, net of distributions, cash     $ 215                 $ 215
Transfers of assets under common control (40)         2       (42)    
Non-cash adjustments for change in tax basis 6         6            
Stock-based compensation 1         1            
Common stock dividends and distributions to CEG unit holders   (81)           $ (47)     (34)  
Other (1)           (1)          
Balance at end of period at Mar. 31, 2024 5,045     0 1 1,741 311   5 2,987    
Balance at beginning of period at Dec. 31, 2023 4,994     0 1 1,732 361   7 2,893    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (13)                      
Balance at end of period at Sep. 30, 2024 5,624     0 1 1,831 301   1 3,490    
Balance at beginning of period at Mar. 31, 2024 5,045     0 1 1,741 311   5 2,987    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 0           51     (51)    
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax 1                 1    
Contributions from noncontrolling interests, net of distributions, cash   222 988               222 988
Distributions to noncontrolling interests, net of contributions, non-cash     (1)                 (1)
Transfers of assets under common control (544)         5       (549)    
Non-cash adjustments for change in tax basis 85         85            
Stock-based compensation (1)         (1)            
Common stock dividends and distributions to CEG unit holders   (83)           (48)     (35)  
Other (1)                 (1)    
Balance at end of period at Jun. 30, 2024 5,711     0 1 1,830 314   5 3,561    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 23           36     (13)    
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (13)               (4) (9)    
Contributions from CEG, cash   6                 6  
Distributions to noncontrolling interests, net of contributions, cash     (19)                 (19)
Stock-based compensation 1         1            
Common stock dividends and distributions to CEG unit holders   (85)           (49)     (36)  
Balance at end of period at Sep. 30, 2024 5,624     0 1 1,831 301   1 3,490    
Balance at beginning of period at Dec. 31, 2024 5,564     0 1 1,805 254   3 3,501    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) (104)           4     (108)    
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (5)               (2) (3)    
Distributions to CEG, net of contributions, cash   (2)                 (2)  
Contributions from noncontrolling interests, net of distributions, cash     51                 51
Distributions to noncontrolling interests, non-cash (4)                 (4)    
Transfers of assets under common control (11)         (89)     (1) 79    
Non-cash adjustments for change in tax basis 18         18            
Stock-based compensation 1         1            
Common stock dividends and distributions to CEG unit holders   (87)           (51)     (36)  
Other (1)                 (1)    
Balance at end of period at Mar. 31, 2025 5,420     0 1 1,735 207   0 3,477    
Balance at beginning of period at Dec. 31, 2024 5,564     0 1 1,805 254   3 3,501    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (23)                      
Balance at end of period at Sep. 30, 2025 5,715     0 1 1,689 372   (13) 3,666    
Balance at beginning of period at Mar. 31, 2025 5,420     0 1 1,735 207   0 3,477    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 25           33     (8)    
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (13)               (4) (9)    
Contributions from noncontrolling interests, net of distributions, cash   46 238               46 238
Pro-rata distributions to CEG, cash   (7)                 (7)  
Transfers of assets under common control (107)         (93)     (6) (8)    
Non-cash adjustments for change in tax basis 27         27            
Stock-based compensation 1         1            
Common stock dividends and distributions to CEG unit holders   (89)           (51)     (38)  
Other 1           (1)     2    
Balance at end of period at Jun. 30, 2025 5,542     0 1 1,670 188   (10) 3,693    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income (loss) 245           236     9    
Unrealized gain (loss) on derivatives and changes in accumulated OCI, net of tax (5)               (3) (2)    
Contributions from noncontrolling interests, net of distributions, cash   5 $ 144               5 $ 144
Transfers of assets under common control (143)                 (143)    
Buyout of noncontrolling interest (3)                 (3)    
Non-cash adjustments for change in tax basis 18         18            
Stock-based compensation 1         1            
Common stock dividends and distributions to CEG unit holders   $ (90)           $ (53)     $ (37)  
Other 1           1          
Balance at end of period at Sep. 30, 2025 $ 5,715     $ 0 $ 1 $ 1,689 $ 372   $ (13) $ 3,666