Operating Segments (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting Information [Line Items]

Schedule of Primary Operating Segments

The Companies are organized primarily on the basis of products and services sold in the U.S. A description of the operations included in the Companies’ primary operating segments is as follows:

Primary Operating Segment	Description of Operations	Dominion Energy	Virginia Power
Dominion Energy Virginia	Regulated electric distribution	X	X
	Regulated electric transmission	X	X
	Regulated electric generation fleet(1)	X	X
Dominion Energy South Carolina	Regulated electric distribution	X
	Regulated electric transmission	X
	Regulated electric generation fleet	X
	Regulated gas distribution and storage	X
Contracted Energy(2)	Nonregulated electric generation fleet	X

(1)Includes Virginia Power’s non-jurisdictional solar generation operations.

(2)Includes renewable natural gas operations.

Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Dominion Energy’s operations:

Year Ended December 31,	Dominion Energy Virginia			Dominion Energy South Carolina			Contracted Energy			Corporate and Other			Adjustments & Eliminations			Consolidated Total
(millions)
2023
Total revenue from external customers	$	9,575		$	3,369		$	835		$	614		$	—		$	14,393
Intersegment revenue		(2	)		6			16			939			(959	)		—
Total operating revenue		9,573			3,375			851			1,553			(959	)		14,393
Depreciation and amortization		1,622			531			105			322			—			2,580
Equity in earnings of equity method    investees		—			—			(34	)		8			—			(26	)
Interest income (expense)		15			6			96			196			(206	)		107
Interest and related charges (benefit)		772			249			44			815			(206	)		1,674
Income tax expense		471			79			15			10			—			575
Net loss from discontinued    operations		—			—			—			(163	)		—			(163	)
Net income (loss) attributable to    Dominion Energy		1,684			377			99			(166	)		—			1,994
Investment in equity method    investees(1)		—			—			80			188			—			268
Capital expenditures		7,196			957			740			1,342			—			10,235
Total assets (billions)		60.7			17.3			9.1			26.0			(4.1	)		109.0
2022
Total revenue from external customers	$	9,658		$	3,323		$	884		$	73		$	—		$	13,938
Intersegment revenue		(15	)		7			18			849			(859	)		—
Total operating revenue		9,643			3,330			902			922			(859	)		13,938
Depreciation and amortization		1,452			507			123			360			—			2,442
Equity in earnings of equity method    investees		—			—			2			19			—			21
Interest income (expense)		17			6			75			61			(50	)		109
Interest and related charges (benefit)		645			220			18			169			(50	)		1,002
Income tax expense (benefit)		514			132			55			(588	)		—			113
Net income from discontinued    operations		—			—			—			894			—			894
Net income (loss) attributable to    Dominion Energy		1,905			505			188			(1,277	)		—			1,321
Investment in equity method    investees(1)		—			—			103			192			—			295
Capital expenditures		5,187			708			683			1,180			—			7,758
Total assets (billions)		55.3			17.2			8.2			29.6			(5.5	)		104.8
2021
Total revenue from external customers	$	7,990		$	2,968		$	1,017		$	(617	)	$	61		$	11,419
Intersegment revenue		(14	)		7			67			841			(901	)		—
Total operating revenue		7,976			2,975			1,084			224			(840	)		11,419
Depreciation and amortization		1,296			486			176			159			—			2,117
Equity in earnings of equity method    investees		—			(3	)		(2	)		20			—			15
Interest income (expense)		11			10			81			12			(19	)		95
Interest and related charges (benefit)		535			206			44			489			(19	)		1,255
Income tax expense (benefit)		516			125			47			(869	)		—			(181	)
Net income from discontinued    operations		—			—			—			1,358			—			1,358
Net income attributable to    Dominion Energy		1,863			437			226			873			—			3,399
Capital expenditures		3,756			694			420			1,191			—			6,061

(1)Excludes liability to Atlantic Coast Pipeline.

Virginia Electric and Power Company

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Virginia Power’s operations:

Year Ended December 31,	Dominion Energy Virginia		Corporate and Other			Consolidated Total
(millions)
2023
Operating revenue	$	9,573	$	—		$	9,573
Depreciation and amortization		1,622		249			1,871
Interest income		15		—			15
Interest and related charges (benefit)		772		(8	)		764
Income tax expense (benefit)		471		(82	)		389
Net income (loss)		1,684		(232	)		1,452
Capital expenditures		7,196		—			7,196
Total assets (billions)		58.6		—			58.6
2022
Operating revenue	$	9,643	$	11		$	9,654
Depreciation and amortization		1,452		284			1,736
Interest income		17		—			17
Interest and related charges (benefit)		645		(3	)		642
Income tax expense (benefit)		514		(220	)		294
Net income (loss)		1,905		(793	)		1,112
Capital expenditures		5,187		—			5,187
Total assets (billions)		53.2		—			53.2
2021
Operating revenue	$	7,976	$	(506	)	$	7,470
Depreciation and amortization		1,296		68			1,364
Interest income		11		—			11
Interest and related charges (benefit)		535		(1	)		534
Income tax expense (benefit)		516		(69	)		447
Net income (loss)		1,863		(201	)		1,662
Capital expenditures		3,756		—			3,756