XML 51 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (Tables)
 3 Months Ended
Mar. 31, 2014
Income Tax Disclosure [Abstract]  
Effective Income Tax
For continuing operations, including noncontrolling interests, the statutory U.S. federal income tax rate reconciles to Dominion's and Virginia Power’s effective income tax rate as follows:
 
Dominion
Virginia Power
Three Months Ended March 31,
2014
2013
2014
2013
U.S. statutory rate
35.0
 %
35.0
 %
35.0
 %
35.0
 %
Increases (reductions) resulting from:
 
 
 
 
State taxes, net of federal benefit
2.7

4.0

3.8

3.9

Investment and production tax credits
(4.2
)
(1.5
)
(0.8
)
—

AFUDC - equity
(0.3
)
(0.7
)
(0.3
)
(1.3
)
Other, net
(0.5
)
(0.3
)
0.1

0.2

Effective tax rate
32.7
 %
36.5
 %
37.8
 %
37.8
 %