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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities    
Net income including noncontrolling interests $ 501 $ 483
Net Income 494 479
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 353 318
Deferred income taxes and investment tax credits 269 227
Rate refunds (55) (29)
Other adjustments (72) (17)
Changes in:    
Accounts receivable 327 292
Inventories 99 119
Deferred fuel and purchased gas costs, net 162 (50)
Prepayments 37 54
Accounts payable (275) (299)
Accrued interest, payroll and taxes 89 (129)
Margin deposit assets and liabilities 97 (120)
Other operating assets and liabilities 91 63
Net cash provided by operating activities 1,623 912
Investing Activities    
Plant construction and other property additions (981) (806)
Proceeds from sale of securities 415 502
Purchases of securities (420) (522)
Restricted cash equivalents 37 56
Other 3 18
Net cash used in investing activities (946) (752)
Financing Activities    
Repayment of short-term debt, net (757) (538)
Issuance and remarketing of long-term debt 450 1,060
Repayment and repurchase of long-term debt (104) (2)
Issuance of common stock 69 17
Repurchase of common stock 0 (274)
Common dividend payments (301) (285)
Subsidiary preferred dividend payments (4) (4)
Other 1 (8)
Net cash used in financing activities (646) (34)
Increase (decrease) in cash and cash equivalents 31 126
Cash and cash equivalents at beginning of period 102 [1] 62
Cash and cash equivalents at end of period 133 188
Significant noncash investing activities:    
Accrued capital expenditures 298 167
Virginia Electric and Power Company [Member]
   
Operating Activities    
Net Income 243 278
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 222 205
Deferred income taxes and investment tax credits 85 150
Rate refunds (55) (29)
Other adjustments (20) (32)
Changes in:    
Accounts receivable 125 127
Affiliated accounts receivable and payable (15) (31)
Inventories 20 (42)
Deferred fuel and purchased gas costs, net 156 (32)
Accounts payable (59) (69)
Accrued interest, payroll and taxes 137 25
Other operating assets and liabilities 67 (26)
Net cash provided by operating activities 906 524
Investing Activities    
Plant construction and other property additions (483) (408)
Purchases of nuclear fuel (67) (49)
Proceeds from sale of securities 191 343
Purchases of securities (193) (362)
Restricted cash equivalents 3 56
Other (9) 9
Net cash used in investing activities (558) (411)
Financing Activities    
Repayment of short-term debt, net (639) (18)
Issuance of affiliated current borrowings, net 0 (44)
Issuance and remarketing of long-term debt 450 160
Common dividend payments (149) (130)
Subsidiary preferred dividend payments (4) (4)
Other (7) (2)
Net cash used in financing activities (349) (38)
Increase (decrease) in cash and cash equivalents (1) 75
Cash and cash equivalents at beginning of period 29 [2] 5
Cash and cash equivalents at end of period 28 80
Significant noncash investing activities:    
Accrued capital expenditures $ 208 $ 121
[1] Dominion’s Consolidated Balance Sheet at December 31, 2011 has been derived from the audited Consolidated Financial Statements at that date.
[2] Virginia Power’s Consolidated Balance Sheet at December 31, 2011 has been derived from the audited Consolidated Financial Statements at that date.