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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Paid-in-Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2022   187,400,000        
Beginning balance at Dec. 31, 2022 $ 7,693 $ 2 $ 6,824 $ 1,267 $ (23) $ (377)
Beginning balance (in shares) at Dec. 31, 2022           (5,400,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders 170     170    
Common stock issuances (in shares) [1]   12,700,000        
Common stock issuances [1] 1,684   1,695     $ (11)
Ending balance (in shares) at Mar. 31, 2023   200,100,000        
Ending balance at Mar. 31, 2023 9,547 $ 2 8,519 1,437 (23) $ (388)
Ending balance (in shares) at Mar. 31, 2023           (5,400,000)
Beginning balance (in shares) at Dec. 31, 2022   187,400,000        
Beginning balance at Dec. 31, 2022 7,693 $ 2 6,824 1,267 (23) $ (377)
Beginning balance (in shares) at Dec. 31, 2022           (5,400,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders 773          
Net other comprehensive income (loss) 1          
Ending balance (in shares) at Sep. 30, 2023   200,100,000        
Ending balance at Sep. 30, 2023 9,897 $ 2 8,541 1,764 (22) $ (388)
Ending balance (in shares) at Sep. 30, 2023           (5,400,000)
Beginning balance (in shares) at Mar. 31, 2023   200,100,000        
Beginning balance at Mar. 31, 2023 9,547 $ 2 8,519 1,437 (23) $ (388)
Beginning balance (in shares) at Mar. 31, 2023           (5,400,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders 280     280    
Common stock issuances [1] 10   10      
Net other comprehensive income (loss) 1       1  
Dividends (declared per common share) (137)     (137)    
Ending balance (in shares) at Jun. 30, 2023   200,100,000        
Ending balance at Jun. 30, 2023 9,701 $ 2 8,529 1,580 (22) $ (388)
Ending balance (in shares) at Jun. 30, 2023           (5,400,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders 323     323    
Common stock issuances [1] 12   12      
Net other comprehensive income (loss) 0          
Dividends (declared per common share) (139)     (139)    
Ending balance (in shares) at Sep. 30, 2023   200,100,000        
Ending balance at Sep. 30, 2023 $ 9,897 $ 2 8,541 1,764 (22) $ (388)
Ending balance (in shares) at Sep. 30, 2023           (5,400,000)
Beginning balance (in shares) at Dec. 31, 2023 200,144,968 200,100,000        
Beginning balance at Dec. 31, 2023 $ 9,797 $ 2 8,550 1,659 (26) $ (388)
Beginning balance (in shares) at Dec. 31, 2023 (5,414,867)         (5,500,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders $ 185     185    
Common stock issuances (in shares) [2]   200,000        
Common stock issuances [2] 7   11     $ (4)
Net other comprehensive income (loss) 18       18  
Ending balance (in shares) at Mar. 31, 2024   200,300,000        
Ending balance at Mar. 31, 2024 $ 10,007 $ 2 8,561 1,844 (8) $ (392)
Ending balance (in shares) at Mar. 31, 2024           (5,500,000)
Beginning balance (in shares) at Dec. 31, 2023 200,144,968 200,100,000        
Beginning balance at Dec. 31, 2023 $ 9,797 $ 2 8,550 1,659 (26) $ (388)
Beginning balance (in shares) at Dec. 31, 2023 (5,414,867)         (5,500,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders $ 812          
Net other comprehensive income (loss) $ 18          
Ending balance (in shares) at Sep. 30, 2024 200,345,035 200,300,000        
Ending balance at Sep. 30, 2024 $ 10,362 $ 2 8,588 2,172 (8) $ (392)
Ending balance (in shares) at Sep. 30, 2024 (5,451,216)         (5,500,000)
Beginning balance (in shares) at Mar. 31, 2024   200,300,000        
Beginning balance at Mar. 31, 2024 $ 10,007 $ 2 8,561 1,844 (8) $ (392)
Beginning balance (in shares) at Mar. 31, 2024           (5,500,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders 277     277    
Common stock issuances [2] 17   17      
Net other comprehensive income (loss) 1       1  
Dividends (declared per common share) (150)     (150)    
Ending balance (in shares) at Jun. 30, 2024   200,300,000        
Ending balance at Jun. 30, 2024 10,152 $ 2 8,578 1,971 (7) $ (392)
Ending balance (in shares) at Jun. 30, 2024           (5,500,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to common shareholders 350     350    
Common stock issuances [2] 10   10      
Net other comprehensive income (loss) (1)       (1)  
Dividends (declared per common share) $ (149)     (149)    
Ending balance (in shares) at Sep. 30, 2024 200,345,035 200,300,000        
Ending balance at Sep. 30, 2024 $ 10,362 $ 2 $ 8,588 $ 2,172 $ (8) $ (392)
Ending balance (in shares) at Sep. 30, 2024 (5,451,216)         (5,500,000)
[1] Includes stock-based compensation, employee stock purchase plan and dividend reinvestment and direct stock purchase plan activity.
[2] Includes stock-based compensation, employee stock purchase plan and dividend reinvestment and direct stock purchase plan activity.