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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities    
Net income including noncontrolling interests $ 385 $ 502
Net income 379 495
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 378 366
Deferred income taxes and investment tax credits 232 266
Gains on the sale of assets (159) (25)
Other adjustments (34) (32)
Changes in:    
Accounts receivable (183) (124)
Inventories 163 133
Deferred fuel and purchased gas costs, net (304) 16
Accounts payable 53 (135)
Margin deposit assets and liabilities 105 (65)
Other operating assets and liabilities 117 150
Net cash provided by operating activities 753 1,052
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (1,120) (904)
Acquisition of solar development projects (47) 0
Proceeds from sales of securities 442 554
Purchases of securities (441) (574)
Proceeds from the sale of assets to Blue Racer 84 47
Proceeds from the sale of electric retail energy marketing business 187 0
Other (24) 15
Net cash used in investing activities (919) (862)
Financing Activities    
Issuance (repayment) of short-term debt, net 45 (409)
Issuance of long-term debt 1,150 1,250
Repayment of long-term debt (608) (712)
Repayment of affiliated notes payable 0 (258)
Subsidiary preferred stock redemption (125) 0
Issuance of common stock 0 73
Common dividend payments (349) (324)
Subsidiary preferred dividend payments (4) (4)
Other (31) (19)
Net cash provided by (used in) financing activities 78 (403)
Decrease in cash and cash equivalents (88) (213)
Cash and cash equivalents at beginning of period 316 [1] 248
Cash and cash equivalents at end of period 228 35
Significant noncash investing activities:    
Accrued capital expenditures 261 200
Virginia Electric and Power Company
   
Operating Activities    
Net income 324 287
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 263 250
Deferred income taxes and investment tax credits 203 112
Other adjustments (12) (17)
Changes in:    
Accounts receivable (9) (31)
Inventories 91 68
Deferred fuel and purchased gas costs, net (328) (19)
Accounts payable 34 (65)
Accrued interest, payroll and taxes 10 90
Other operating assets and liabilities 24 32
Net cash provided by operating activities 600 707
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (691) (592)
Purchases of nuclear fuel (68) (47)
Proceeds from sales of securities 204 189
Purchases of securities (215) (206)
Other (6) 1
Net cash used in investing activities (776) (655)
Financing Activities    
Issuance (repayment) of short-term debt, net (339) (331)
Issuance (repayment) of affiliated current borrowings, net 62 (378)
Issuance of long-term debt 750 1,250
Repayment of long-term debt (2) (451)
Subsidiary preferred stock redemption (125) 0
Common dividend payments (149) (148)
Subsidiary preferred dividend payments (4) (4)
Other (9) (15)
Net cash provided by (used in) financing activities 184 (77)
Decrease in cash and cash equivalents 8 (25)
Cash and cash equivalents at beginning of period 16 [2] 28
Cash and cash equivalents at end of period 24 3
Significant noncash investing activities:    
Accrued capital expenditures $ 203 $ 117
[1] Dominion’s Consolidated Balance Sheet at December 31, 2013 has been derived from the audited Consolidated Financial Statements at that date.
[2] Virginia Power’s Consolidated Balance Sheet at December 31, 2013 has been derived from the audited Consolidated Financial Statements at that date.