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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net income including noncontrolling interests $ 502 $ 501
Net income 495 494 [1]
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 366 353
Deferred income taxes and investment tax credits 266 269
Rate refunds (5) (55)
Other adjustments (52) (72)
Changes in:    
Accounts receivable (124) 327
Inventories 133 99
Deferred fuel and purchased gas costs, net 16 162
Prepayments (17) 37
Accounts payable (135) (275)
Accrued interest, payroll and taxes (33) 89
Margin deposit assets and liabilities (65) 97
Other operating assets and liabilities 200 91
Net cash provided by operating activities 1,052 1,623
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (904) (981)
Proceeds from sales of securities 554 415
Purchases of securities (574) (420)
Other 62 40
Net cash used in investing activities (862) (946)
Financing Activities    
Repayment of short-term debt, net (409) (757)
Issuance of long-term debt 1,250 450
Repayment of long-term debt (712) (104)
Repayment of affiliated notes payable (258) 0
Issuance of common stock 73 69
Common dividend payments (324) (301)
Subsidiary preferred dividend payments (4) (4)
Other (19) 1
Net cash used in financing activities (403) (646)
Increase (decrease) in cash and cash equivalents (213) 31
Cash and cash equivalents at beginning of period 248 [2] 102
Cash and cash equivalents at end of period 35 133
Significant noncash investing activities:    
Accrued capital expenditures 200 298
Virginia Electric and Power Company
   
Operating Activities    
Net income 287 243
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 250 222
Deferred income taxes and investment tax credits 112 85
Rate refunds (5) (55)
Other adjustments (17) (20)
Changes in:    
Accounts receivable (31) 125
Affiliated accounts receivable and payable (6) (15)
Inventories 68 20
Deferred fuel and purchased gas costs, net (19) 156
Accounts payable (65) (59)
Accrued interest, payroll and taxes 90 137
Other operating assets and liabilities 43 67
Net cash provided by operating activities 707 906
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (592) (483)
Purchases of nuclear fuel (47) (67)
Proceeds from sales of securities 189 191
Purchases of securities (206) (193)
Other 1 (6)
Net cash used in investing activities (655) (558)
Financing Activities    
Repayment of short-term debt, net (331) (639)
Repayment of affiliated current borrowings, net (378) 0
Issuance of long-term debt 1,250 450
Repayment of long-term debt (451) (1)
Common dividend payments (148) (149)
Subsidiary preferred dividend payments (4) (4)
Other (15) (6)
Net cash used in financing activities (77) (349)
Increase (decrease) in cash and cash equivalents (25) (1)
Cash and cash equivalents at beginning of period 28 [3] 29
Cash and cash equivalents at end of period 3 28
Significant noncash investing activities:    
Accrued capital expenditures $ 117 $ 208
[1] Recast to reflect Brayton Point and Kincaid as discontinued operations, as discussed in Note 3.
[2] Dominion’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.
[3] Virginia Power’s Consolidated Balance Sheet at December 31, 2012 has been derived from the audited Consolidated Financial Statements at that date.