XML 55 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Revenue $ 3,523,000,000 $ 3,397,000,000 [1]
Operating Expenses    
Electric fuel and other energy-related purchases 951,000,000 912,000,000 [1]
Purchased electric capacity 88,000,000 113,000,000 [1]
Purchased gas 467,000,000 412,000,000 [1]
Other operations and maintenance 623,000,000 607,000,000 [1]
Depreciation, depletion and amortization 297,000,000 273,000,000 [1]
Other taxes 167,000,000 162,000,000 [1]
Total operating expenses 2,593,000,000 2,479,000,000 [1]
Income from operations 930,000,000 918,000,000 [1]
Other income 87,000,000 74,000,000 [1]
Interest and related charges 228,000,000 212,000,000 [1]
Income from continuing operations including noncontrolling interests before income tax expense 789,000,000 780,000,000 [1]
Income tax expense 288,000,000 269,000,000 [1]
Income from continuing operations including noncontrolling interests 501,000,000 511,000,000 [1]
Income (loss) from discontinued operations 1,000,000 [2] (10,000,000) [1],[2]
Net Income Including Noncontrolling Interests 502,000,000 501,000,000
Noncontrolling Interests 7,000,000 7,000,000 [1]
Net Income Attributable to Dominion 495,000,000 494,000,000 [1]
Amounts Attributable to Dominion:    
Income from continuing operations, net of tax 494,000,000 504,000,000 [1]
Income (loss) from discontinued operations, net of tax 1,000,000 (10,000,000) [1]
Earnings Per Common Share-Basic    
Income from continuing operations (dollars per share) $ 0.86 $ 0.88 [1]
Income (loss) from discontinued operations (dollars per share) $ 0.00 $ (0.02) [1]
Earnings Per Common Share - Basic (dollars per share) $ 0.86 $ 0.86
Earnings Per Common Share-Diluted    
Income from continuing operations (dollars per share) $ 0.86 $ 0.88 [1]
Income (loss) from discontinued operations (dollars per share) $ 0.00 $ (0.02) [1]
Net income attributable to Dominion (dollars per share) $ 0.86 $ 0.86
Dividends declared per common share (dollars per share) $ 0.5625 $ 0.5275 [1]
Income tax benefit from discontinued operations 0 10,000,000 [1]
Virginia Electric and Power Company
   
Operating Revenue 1,781,000,000 1,754,000,000
Operating Expenses    
Electric fuel and other energy-related purchases 570,000,000 614,000,000
Purchased electric capacity 88,000,000 113,000,000
Affiliated suppliers 74,000,000 83,000,000
Other 245,000,000 223,000,000
Depreciation, depletion and amortization 207,000,000 188,000,000
Other taxes 67,000,000 65,000,000
Total operating expenses 1,251,000,000 1,286,000,000
Income from operations 530,000,000 468,000,000
Other income 25,000,000 23,000,000
Interest and related charges 93,000,000 100,000,000
Income from continuing operations including noncontrolling interests before income tax expense 462,000,000 391,000,000
Income tax expense 175,000,000 148,000,000
Net Income Attributable to Dominion 287,000,000 243,000,000
Amounts Attributable to Dominion:    
Preferred dividends 4,000,000 4,000,000
Balance available for common stock $ 283,000,000 $ 239,000,000
[1] Recast to reflect Brayton Point and Kincaid as discontinued operations, as discussed in Note 3.
[2] Includes income tax (expense) benefit of $(---) and $10 million for the three months ended March 31, 2013 and 2012, respectively.