v3.24.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Three months ended September 30, 2024
(In millions)Conventional GenerationRenewables
Corporate (a)
Total
Operating revenues$102 $384 $— $486 
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below41 95 (1)135 
Depreciation, amortization and accretion29 135 — 164 
General and administrative— — 9 9 
Operating income (loss)32 154 (8)178 
Equity in earnings of unconsolidated affiliates1 12 — 13 
Other income, net1 6 1 8 
Interest expense(9)(106)(24)(139)
Income (loss) before income taxes 25 66 (31)60 
Income tax expense— — 33 33 
Net Income (Loss)$25 $66 $(64)$27 
Total Assets$1,976 $12,164 $109 $14,249 
(a) Includes eliminations.
Three months ended September 30, 2023
(In millions)Conventional GenerationRenewables
Corporate (a)
Total
Operating revenues$132 $239 $— $371 
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below54 80 — 134 
Depreciation, amortization and accretion33 100 — 133 
General and administrative— — 9 9 
Transaction and integration costs— — 1 1 
Operating income (loss)45 59 (10)94 
Equity in earnings of unconsolidated affiliates— 11 — 11 
Other income, net1 8 6 15 
Interest expense(8)(16)(24)(48)
Income (loss) before income taxes 38 62 (28)72 
Income tax expense— — 57 57 
Net Income (Loss)$38 $62 $(85)$15 
(a) Includes eliminations.
Nine months ended September 30, 2024
(In millions)Conventional GenerationRenewables
Corporate (a)
Total
Operating revenues$266 $849 $— $1,115 
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below109 271 (2)378 
Depreciation, amortization and accretion88 383 — 471 
General and administrative— — 29 29 
Transaction and integration costs— — 4 4 
Operating income (loss)69 195 (31)233 
Equity in earnings of unconsolidated affiliates2 31 — 33 
Other income, net4 23 9 36 
Loss on debt extinguishment— (3)— (3)
Interest expense(25)(186)(73)(284)
Income (loss) before income taxes 50 60 (95)15 
Income tax expense— — 30 30 
Net Income (Loss)$50 $60 $(125)$(15)
(a) Includes eliminations.
Nine months ended September 30, 2023
(In millions)Conventional GenerationRenewables
Corporate (a)
Total
Operating revenues$342 $723 $— $1,065 
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below123 238 (1)360 
Depreciation, amortization and accretion98 291 — 389 
General and administrative— — 28 28 
Transaction and integration costs— — 3 3 
Operating income (loss)121 194 (30)285 
Equity in earnings of unconsolidated affiliates2 9 — 11 
Other income, net3 12 17 32 
Interest expense(27)(103)(72)(202)
Income (loss) before income taxes 99 112 (85)126 
Income tax expense— — 67 67 
Net Income (Loss)$99 $112 $(152)$59 
(a) Includes eliminations.