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Revenue (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Operating Revenues
The disaggregation of our operating revenues for the periods were:
SuccessorPredecessorSuccessorPredecessor
Three Months Ended June 30, 2024May 18 through June 30, 2023April 1 through May 17, 2023Six Months Ended June 30, 2024May 18 through June 30, 2023January 1 through May 17, 2023
Capacity revenues$46 $26 $42 $91 $26 $108 
Electricity sales and ancillary services,
ISO/RTO		249 130 85 514 130 281 
Physical electricity sales, bilateral
contracts, other		22 6 13 86 6 62 
Other revenue from customers29 15 18 71 15 27 
Total revenue from contracts with
customers		346 177 158 762 177 478 
Realized and unrealized gain (loss) on
derivative instruments		100 124 (21)157 124 732 
Nuclear PTC and other revenue (a)
43 — — 79 — — 
Operating revenues$489 $301 $137 $998 $301 $1,210 
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(a)During the six months ended June 30, 2024, $51 million of estimated Nuclear PTCs were utilized as a credit against our federal income tax payable. See Note 5 for additional information on the tax impact of the Nuclear PTC
Summary of Accounts Receivable, Net
“Accounts receivable, net” presented on the Consolidated Balance Sheets were:
Successor
June 30, 2024December 31, 2023
Customer accounts receivable$104 $52 
Other accounts receivable47 85 
Accounts receivable, net$151 $137 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
As of June 30, 2024 (Successor), the expected future period capacity revenues subject to unsatisfied or partially unsatisfied performance obligations were:
2024 (a)
2025202620272028
Expected capacity revenues$101 $85 $3 $3 $1 
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(a)For the period from July 1 through December 31, 2024.