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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Revenue $ 13,945 $ 11,420 $ 11,919
Operating Expenses      
Electric fuel and other energy-related purchases 3,711 2,368 2,243
Purchased electric capacity 59 70 53
Purchased gas 426 392 359
Other operations and maintenance 3,376 3,179 3,149
Depreciation, depletion and amortization 2,442 2,103 1,991
Other taxes 676 690 679
Impairment of assets and other charges 2,062 194 2,104
Losses (gains) on sales of assets 426 112 (60)
Total operating expenses 13,178 9,108 10,518
Income from operations 767 2,312 1,401
Earnings (losses) from equity method investees 21 15 (1)
Other income (expense) 109 1,139 663
Interest and related charges 1,002 1,255 1,339
Income (loss) from continuing operations including noncontrolling interests before income tax expense (benefit) (126) 2,196 725
Income before income tax expense 257 218 175
Income tax expense (benefit) (148) 239 (59)
Net Income From Continuing Operations Including Noncontrolling Interests 22 1,957 784
Net Income (Loss) From Discontinued Operations Including Noncontrolling Interest [1],[2] 972 1,357 (1,334)
Net income (loss) including noncontrolling interests 994 3,314 (550)
Noncontrolling Interests   26 (149)
Net Income (Loss) Attributable to Dominion Energy 994 3,288 (401)
Amounts attributable to Dominion Energy      
Net income from continuing operations 22 1,931 1,039
Net income (loss) from discontinued operations $ 972 $ 1,357 $ (1,440)
EPS - Basic      
Net income (loss) from continuing operations $ (0.09) $ 2.3 $ 1.17
Net income from discontinued operations 1.18 1.68 (1.73)
Net income (loss) attributable to Dominion Energy 1.09 3.98 (0.56)
EPS - Diluted      
Net income (loss) from continuing operations (0.09) 2.3 1.16
Net income (loss) discontinued operations 1.18 1.68 (1.73)
Net income (loss) attributable to Dominion Energy $ 1.09 $ 3.98 $ (0.57)
Virginia Electric and Power Company      
Operating Revenue [3] $ 9,654 $ 7,470 $ 7,763
Operating Expenses      
Electric fuel and other energy-related purchases [3] 2,913 1,735 1,636
Purchased electric capacity 46 24 (17)
Affiliated suppliers 342 333 314
Other operations and maintenance 1,709 1,460 1,472
Depreciation, depletion and amortization 1,736 1,364 1,252
Other taxes 303 326 327
Impairment of assets and other charges (benefits) 557 (269) 1,093
Total operating expenses 7,606 4,973 6,077
Income from operations 2,048 2,497 1,686
Other income (expense)   146 80
Interest and related charges [3] 642 534 516
Income before income tax expense 1,406 2,109 1,250
Income tax expense (benefit) 191 397 229
Net Income (Loss) Attributable to Dominion Energy $ 1,215 $ 1,712 $ 1,021
[1] Includes income tax expense (benefit) of $225 million, $374 million and $(61) million for the years ended December 31, 2022, 2021 and 2020, respectively.
[2] See Note 9 for amounts attributable to related parties.
[3] See Note 25 for amounts attributable to affiliates.