XML 77 R56.htm IDEA: XBRL DOCUMENT v3.22.4
Equity (Tables)
 12 Months Ended
Dec. 31, 2022
Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component

The following table presents Dominion Energy’s changes in AOCI (net of tax) and reclassifications out of AOCI by component:

 

 

Commodity

 

 

Interest
Rate

 

 

Total
Derivative-
Hedging
Activities(1)

 

 

Investment
Securities(2)

 

 

Pension and
other
postretirement
benefit costs(3)

 

 

Equity
Method
Investees(4)

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

—

 

 

$

(358

)

 

$

(358

)

 

$

37

 

 

$

(1,133

)

 

$

(4

)

 

$

(1,458

)

Other
   comprehensive
   income before
   reclassifications:
   gains (losses)

 

 

—

 

 

 

67

 

 

 

67

 

 

 

(100

)

 

 

(218

)

 

 

1

 

 

 

(250

)

Amounts reclassified from AOCI (gains) losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest and
   related
   charges

 

 

—

 

 

 

57

 

 

 

57

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

57

 

Other income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

25

 

 

 

102

 

 

 

—

 

 

 

127

 

Total

 

 

—

 

 

 

57

 

 

 

57

 

 

 

25

 

 

 

102

 

 

 

—

 

 

 

184

 

Income tax
   expense

 

 

—

 

 

 

(15

)

 

 

(15

)

 

 

(6

)

 

 

(27

)

 

 

—

 

 

 

(48

)

Total, net of tax

 

 

—

 

 

 

42

 

 

 

42

 

 

 

19

 

 

 

75

 

 

 

—

 

 

 

136

 

Net current
   period other
   comprehensive
   income (loss)

 

 

—

 

 

 

109

 

 

 

109

 

 

 

(81

)

 

 

(143

)

 

 

1

 

 

 

(114

)

Ending balance

 

$

—

 

 

$

(249

)

 

$

(249

)

 

$

(44

)

 

$

(1,276

)

 

$

(3

)

 

$

(1,572

)

Year Ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(1

)

 

$

(418

)

 

$

(419

)

 

$

62

 

 

$

(1,359

)

 

$

(1

)

 

$

(1,717

)

Other
   comprehensive
   income before
   reclassifications:
   gains (losses)

 

 

—

 

 

 

15

 

 

 

15

 

 

 

(7

)

 

 

144

 

 

 

(3

)

 

 

149

 

Amounts reclassified from AOCI (gains) losses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchased gas

 

 

1

 

 

 

—

 

 

 

1

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

Interest and
   related
   charges

 

 

—

 

 

 

60

 

 

 

60

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

60

 

Other income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(23

)

 

 

111

 

 

 

—

 

 

 

88

 

Total

 

 

1

 

 

 

60

 

 

 

61

 

 

 

(23

)

 

 

111

 

 

 

—

 

 

 

149

 

Income tax
   expense

 

 

—

 

 

 

(15

)

 

 

(15

)

 

 

5

 

 

 

(29

)

 

 

—

 

 

 

(39

)

Total, net of tax

 

 

1

 

 

 

45

 

 

 

46

 

 

 

(18

)

 

 

82

 

 

 

—

 

 

 

110

 

Net current
   period other
   comprehensive
   income (loss)

 

 

1

 

 

 

60

 

 

 

61

 

 

 

(25

)

 

 

226

 

 

 

(3

)

 

 

259

 

Ending balance

 

$

—

 

 

$

(358

)

 

$

(358

)

 

$

37

 

 

$

(1,133

)

 

$

(4

)

 

$

(1,458

)
(1)
Net of $83 million, $119 million and $141 million tax at December 31, 2022, 2021 and 2020, respectively.
(2)
Net of $13 million, $(10) million and $(21) million tax at December 31, 2022 and 2021 and 2020, respectively.
(3)
Net of $445 million, $396 million and $478 million tax at December 31, 2022 and 2021 and 2020, respectively.
(4)
Net of $1 million tax at both December 31, 2022 and 2021 and $— million tax at December 31, 2020.
Summary of Restricted Stock Activity The following table provides a summary of restricted stock activity for the years ended December 31, 2022, 2021 and 2020:

 

 

 

Shares (millions)

 

 

Weighted - Average Grant Date Fair Value

 

Nonvested at December 31, 2019

 

 

1.4

 

 

$

74.77

 

Granted

 

 

0.5

 

 

 

81.74

 

Vested

 

 

(0.4

)

 

 

74.39

 

Cancelled and forfeited

 

 

(0.1

)

 

 

81.59

 

Nonvested at December 31, 2020

 

 

1.4

 

 

$

77.41

 

Granted

 

 

0.5

 

 

 

71.78

 

Vested

 

 

(0.5

)

 

 

73.54

 

Cancelled and forfeited

 

 

(0.1

)

 

 

75.57

 

Nonvested at December 31, 2021

 

 

1.3

 

 

$

76.65

 

Granted

 

 

0.6

 

 

 

75.08

 

Vested

 

 

(0.4

)

 

 

77.87

 

Cancelled and forfeited

 

 

(0.1

)

 

 

73.15

 

Nonvested at December 31, 2022

 

 

1.4

 

 

$

75.56

 
Virginia Electric and Power Company  
Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component

The following table presents Virginia Power’s changes in AOCI (net of tax) and reclassification out of AOCI by component:

 

 

Interest Rate

 

 

Total
Derivative-
Hedging
Activities(1)

 

 

Investment
Securities(2)

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(45

)

 

$

(45

)

 

$

4

 

 

$

(41

)

Other
   comprehensive income before
   reclassifications: gains (losses)

 

 

60

 

 

 

60

 

 

 

(11

)

 

 

49

 

Amounts reclassified from AOCI (gains) losses:

 

Interest and related
   charges

 

 

2

 

 

 

2

 

 

 

—

 

 

 

2

 

Total

 

 

2

 

 

 

2

 

 

 

—

 

 

 

2

 

Income tax expense

 

 

(1

)

 

 

(1

)

 

 

—

 

 

 

(1

)

Total, net of tax

 

 

1

 

 

 

1

 

 

 

—

 

 

 

1

 

Net current period other
   comprehensive income (loss)

 

 

61

 

 

 

61

 

 

 

(11

)

 

 

50

 

Ending balance

 

$

16

 

 

$

16

 

 

$

(7

)

 

$

9

 

Year Ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(60

)

 

$

(60

)

 

$

8

 

 

$

(52

)

Other
   comprehensive income before
   reclassifications: gains (losses)

 

 

13

 

 

 

13

 

 

 

(2

)

 

 

11

 

Amounts reclassified from AOCI (gains) losses:

 

Interest and related
   charges

 

 

3

 

 

 

3

 

 

 

—

 

 

 

3

 

Other income

 

 

—

 

 

 

—

 

 

 

(3

)

 

 

(3

)

Total

 

 

3

 

 

 

3

 

 

 

(3

)

 

 

—

 

Income tax expense

 

 

(1

)

 

 

(1

)

 

 

1

 

 

 

—

 

Total, net of tax

 

 

2

 

 

 

2

 

 

 

(2

)

 

 

—

 

Net current period other
   comprehensive income (loss)

 

 

15

 

 

 

15

 

 

 

(4

)

 

 

11

 

Ending balance

 

$

(45

)

 

$

(45

)

 

$

4

 

 

$

(41

)
(1)
Net of $(5) million, $16 million and $21 million tax at December 31, 2022, 2021 and 2020, respectively.
(2)
Net of $2 million, $(2) million and $(3) million tax at December 31, 2022, 2021 and 2020, respectively.