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Income Taxes (Income Tax Expense for Continuing Operations Including Noncontrolling Interests) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Current:      
Federal $ 317 [1] $ 43 [1] $ 31 [1]
State 110 [1] 84 [1] 16 [1]
Total current expense 427 [1] 127 [1] 47 [1]
Deferred:      
Federal 497 [1] 645 [1] 685 [1]
State (31) [1] 40 [1] 48 [1]
Total deferred expense 466 [1] 685 [1] 733 [1]
Amortization of deferred investment tax credits (1) [1] (1) [1] (2) [1]
Total income tax expense 892 [1] 811 [1],[2] 778 [1],[2]
Operating loss carryforward   195 51
Tax benefit recognized     346
Virginia Electric and Power Company
     
Current:      
Federal 357 [3] 70 [3] (35) [3]
State 62 [3] 81 [3] 79 [3]
Total current expense 419 [3] 151 [3] 44 [3]
Deferred:      
Federal 224 [3] 482 [3] 484 [3]
State 17 [3] 21 [3] 13 [3]
Total deferred expense 241 [3] 503 [3] 497 [3]
Amortization of deferred investment tax credits (1) [3] (1) [3] (1) [3]
Total income tax expense 659 [3] 653 [3] 540 [3]
Tax benefit recognized     $ 54
[1] In 2012, Dominion’s current federal income tax expense for continuing and discontinued operations includes a $195 million benefit related to a carryback of its 2012 net operating loss. In 2011, Dominion’s deferred federal income tax expense includes the recognition of a $346 million benefit, including $51 million related to discontinued operations, for its 2011 net operating loss expected to be used to reduce taxable income in future years.
[2] Recast to reflect Brayton Point and Kincaid as discontinued operations as described in Note 3 to the Consolidated Financial Statements. EPS amounts reflect the per share impact of the recast of $1.92 and $0.06 for 2012 and 2011, respectively.
[3] In 2011, Virginia Power’s deferred federal income tax expense includes a $54 million benefit related to a portion of its 2011 net operating loss that is expected to be used in future years. Also, Virginia Power’s current federal income tax expense reflects the amounts of its 2011 net operating losses realized through its participation in a tax sharing agreement with Dominion and its subsidiaries.