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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Total Common Stockholders' Equity
Common Stock
Other Paid-In Capital
AOCI
Accumulated Deficit
NCI
Beginning balance (in shares) at Dec. 31, 2020     543,000,000        
Beginning balance at Dec. 31, 2020 $ 7,237 $ 7,237 $ 54 $ 10,076 $ (5) $ (2,888) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
NET INCOME 1,283 1,283       1,283  
Other comprehensive loss, net of tax (10) (10)     (10)    
Cash dividends declared on common stock [1] (859) (859)   (859)      
Common Stock issuance (Note 10) (in shares)     26,000,000        
Common stock issuance (Note 11) 974 974 $ 3 971      
Stock Investment Plan and share-based benefit plans (in shares)     1,000,000        
Stock Investment Plan and share-based benefit plans 50 50   50      
Ending balance (in shares) at Dec. 31, 2021     570,000,000        
Ending balance at Dec. 31, 2021 8,675 8,675 $ 57 10,238 (15) (1,605) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
NET INCOME 439 406       406 33
Other comprehensive loss, net of tax 1 1     1    
Cash dividends declared on common stock [1] (892) (892)   (892)      
Stock Investment Plan and share-based benefit plans (in shares)     2,000,000        
Stock Investment Plan and share-based benefit plans 98 98   98      
FET minority interest sale, net of transaction costs (Note 1) 2,338 1,887   1,887     451
Distribution to FET minority interest (21)           (21)
Capital contribution from FET minority interest 9           9
Consolidated tax benefit allocation 0 (5)   (5)     5
Other $ (4) (4)   (4)      
Ending balance (in shares) at Dec. 31, 2022 572,130,932   572,000,000        
Ending balance at Dec. 31, 2022 $ 10,643 10,166 $ 57 11,322 (14) (1,199) 477
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
NET INCOME 1,176 1,102     0 1,102 74
Other comprehensive loss, net of tax (3) (3)     (3)    
Cash dividends declared on common stock [2] (917) (917)   (917)      
Stock Investment Plan and share-based benefit plans (in shares)     2,000,000        
Stock Investment Plan and share-based benefit plans 89 89   89      
Distribution to FET minority interest $ (72)           (72)
Ending balance (in shares) at Dec. 31, 2023 574,335,396   574,000,000        
Ending balance at Dec. 31, 2023 $ 10,916 $ 10,437 $ 57 $ 10,494 $ (17) $ (97) $ 479
[1] Dividends declared for each share of common stock totaled $1.56 during 2022 and 2021.
[2] Dividends declared for each share of common stock totaled $1.60 during 2023.