XML 169 R160.htm IDEA: XBRL DOCUMENT v3.23.3
Equity (Schedule of Changes in AOCI Net of Tax and Reclassifications out of AOCI by Component) (Detail) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2020
Dec. 31, 2021
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance           $ 27,308         $ 27,308    
Interest and related charges                     1,002 $ 1,255 $ 1,339
Income before income tax expense                     257 218 175
Income tax expense $ (336) $ (173)                 148 (239) 59
Net Income From Continuing Operations Including Noncontrolling Interests     $ (239) $ 626 $ (665) 300 $ 628 $ 496 $ 140 $ 693 22 1,957 784
Total other comprehensive income (loss)                     (114) 259 76
Ending balance   27,308 27,881       27,308       27,881 27,308  
Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance           15,980       14,557 15,980 14,557 13,989
Interest and related charges [1]                     642 534 516
Income before income tax expense                     1,406 2,109 1,250
Income tax expense                     (191) (397) (229)
Total other comprehensive income (loss)                     50 11 (23)
Ending balance   15,980 17,245       15,980       17,245 15,980 14,557
Commodity                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance                   (1)   (1)  
Total other comprehensive income (loss)                       1  
Ending balance                         (1)
Commodity | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Purchased gas                       1  
Income before income tax expense                       1  
Net Income From Continuing Operations Including Noncontrolling Interests                       1  
Interest rate                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance           (358)       (418) (358) (418)  
Other comprehensive income before reclassifications: gains (losses)                     67    
Total other comprehensive income (loss)                     109 60  
Ending balance   (358) (249)       (358)       (249) (358) (418)
Interest rate | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses)                     60    
Total other comprehensive income (loss)                     61    
Interest rate | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses)                       15  
Interest and related charges                     57 60  
Income before income tax expense                     57 60  
Income tax expense                     (15) (15)  
Net Income From Continuing Operations Including Noncontrolling Interests                     42 45  
Interest rate | Amounts reclassified from AOCI | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Interest and related charges                     2    
Income before income tax expense                     2    
Income tax expense                     1    
Net Income From Continuing Operations Including Noncontrolling Interests                     1    
Total Derivative-Hedging Activities                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance [2]           (358)       (419) (358) (419)  
Other comprehensive income before reclassifications: gains (losses) [2]                     67    
Total other comprehensive income (loss) [2]                     109 61  
Ending balance [2]   (358) (249)       (358)       (249) (358) (419)
Total Derivative-Hedging Activities | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance [3]           (45)       (60) (45) (60)  
Other comprehensive income before reclassifications: gains (losses) [3]                     60 13  
Total other comprehensive income (loss) [3]                     61 15  
Ending balance [3]   (45) 16       (45)       16 (45) (60)
Total Derivative-Hedging Activities | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses) [2]                       15  
Purchased gas [2]                       1  
Interest and related charges [2]                     57 60  
Income before income tax expense [2]                     57 61  
Income tax expense [2]                     (15) (15)  
Net Income From Continuing Operations Including Noncontrolling Interests [2]                     42 46  
Total Derivative-Hedging Activities | Amounts reclassified from AOCI | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Interest and related charges [3]                     2 3  
Income before income tax expense [3]                     2 3  
Income tax expense [3]                     1 1  
Net Income From Continuing Operations Including Noncontrolling Interests [3]                     1 2  
Investment Securities                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance [4]           37       62 37 62  
Other comprehensive income before reclassifications: gains (losses) [4]                     (100)    
Total other comprehensive income (loss) [4]                     (81) (25)  
Ending balance [4]   37 44       37       44 37 62
Investment Securities | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance [5]           4       8 4 8  
Other comprehensive income before reclassifications: gains (losses) [5]                     (11) (2)  
Total other comprehensive income (loss) [5]                     (11) (4)  
Ending balance [5]   4 7       4       7 4 8
Investment Securities | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses) [4]                       (7)  
Other income [4]                     25 (23)  
Income before income tax expense [4]                     25 (23)  
Income tax expense [4]                     (6) 5  
Net Income From Continuing Operations Including Noncontrolling Interests [4]                     19 (18)  
Investment Securities | Amounts reclassified from AOCI | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other income [5]                       (3)  
Income before income tax expense [5]                       (3)  
Income tax expense [5]                       (1)  
Net Income From Continuing Operations Including Noncontrolling Interests [5]                       (2)  
Pension and Other Postretirement Benefit Costs                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance [6]           (1,133)       (1,359) (1,133) (1,359)  
Other comprehensive income before reclassifications: gains (losses) [6]                     (218)    
Total other comprehensive income (loss) [6]                     (143) 226  
Ending balance [6]   (1,133) (1,276)       (1,133)       (1,276) (1,133) (1,359)
Pension and Other Postretirement Benefit Costs | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses) [6]                       144  
Other income [6]                     102 111  
Income before income tax expense [6]                     102 111  
Income tax expense [6]                     (27) (29)  
Net Income From Continuing Operations Including Noncontrolling Interests [6]                     75 82  
Equity Method Investees                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance [7]           (4)       (1) (4) (1)  
Other comprehensive income before reclassifications: gains (losses) [7]                     1    
Total other comprehensive income (loss) [7]                     1 (3)  
Ending balance [7]   (4) (3)       (4)       (3) (4) (1)
Equity Method Investees | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses) [7]                       (3)  
AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance           (1,458)       (1,717) (1,458) (1,717)  
Other comprehensive income before reclassifications: gains (losses)                     (250)    
Total other comprehensive income (loss)                     (114) 259 76
Ending balance   (1,458) (1,572)       (1,458)       (1,572) (1,458) (1,717)
AOCI | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance           (41)       (52) (41) (52) (29)
Other comprehensive income before reclassifications: gains (losses)                     49 11  
Total other comprehensive income (loss)                     50 11 (23)
Ending balance   (41) 9       (41)       9 (41) (52)
AOCI | Amounts reclassified from AOCI                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Other comprehensive income before reclassifications: gains (losses)                       149  
Purchased gas                       1  
Interest and related charges                     57 60  
Other income                     127 88  
Income before income tax expense                     184 149  
Income tax expense                     (48) (39)  
Net Income From Continuing Operations Including Noncontrolling Interests                     136 110  
AOCI | Amounts reclassified from AOCI | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Interest and related charges                     2 3  
Other income                       (3)  
Income before income tax expense                     2    
Income tax expense                     1    
Net Income From Continuing Operations Including Noncontrolling Interests                     1    
Interest Rate | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Beginning balance           $ (45)       $ (60) (45) (60)  
Other comprehensive income before reclassifications: gains (losses)                       13  
Total other comprehensive income (loss)                       15  
Ending balance   $ (45) $ 16       $ (45)       $ 16 (45) $ (60)
Interest Rate | Amounts reclassified from AOCI | Virginia Electric and Power Company                          
Accumulated Other Comprehensive Income Loss [Line Items]                          
Interest and related charges                       3  
Income before income tax expense                       3  
Income tax expense                       1  
Net Income From Continuing Operations Including Noncontrolling Interests                       $ 2  
[1] See Note 25 for amounts attributable to affiliates.
[2] Net of $83 million, $119 million and $141 million tax at December 31, 2022, 2021 and 2020, respectively.
[3] Net of $(5) million, $16 million and $21 million tax at December 31, 2022, 2021 and 2020, respectively.
[4] Net of $13 million, $(10) million and $(21) million tax at December 31, 2022 and 2021 and 2020, respectively.
[5] Net of $2 million, $(2) million and $(3) million tax at December 31, 2022, 2021 and 2020, respectively.
[6] Net of $445 million, $396 million and $478 million tax at December 31, 2022 and 2021 and 2020, respectively.
[7] Net of $1 million tax at both December 31, 2022 and 2021 and $— million tax at December 31, 2020.