Investments (Tables)

9 Months Ended

Sep. 30, 2014

Gain (Loss) on Investments [Line Items]

Dominion’s decommissioning trust funds are summarized below:



	Amortized Cost		Total Unrealized Gains⁽¹⁾		Total Unrealized Losses ⁽¹⁾				Fair Value
(millions)
September 30, 2014
Marketable equity securities:
U.S. Large cap	$	1,252	$	1,276	$	—			$	2,528
Marketable debt securities:
Corporate bonds	402		18		(1		)		419
U.S. Treasury securities and agency debentures	620		9		(5		)		624
State and municipal	305		22		—				327
Other	6		—		—				6
Cost method investments	86		—		—				86
Cash equivalents and other⁽²⁾	135		—		—				135
Total	$	2,806	$	1,325	$	(6	)	⁽³⁾	$	4,125
December 31, 2013
Marketable equity securities:
U.S.:
Large cap	$	1,183	$	1,194	$	—			$	2,377
Other	49		23		—				72
Marketable debt securities:
Corporate bonds	332		16		(3		)		345
U.S. Treasury securities and agency debentures	589		8		(10		)		587
State and municipal	297		11		(5		)		303
Other	3		—		—				3
Cost method investments	106		—		—				106
Cash equivalents and other⁽²⁾	110		—		—				110
Total	$	2,669	$	1,252	$	(18	)	⁽³⁾	$	3,903


(1)	Included in AOCI and the decommissioning trust regulatory liability.


(2)	Includes pending sales of securities of $8 million and $11 million at September 30, 2014 and December 31, 2013, respectively.


(3)	The fair value of securities in an unrealized loss position was $463 million and $604 million at September 30, 2014 and December 31, 2013, respectively.

Investments Classified by Contractual Maturity Date

The fair value of Dominion’s marketable debt securities held in nuclear decommissioning trust funds at September 30, 2014 by contractual maturity is as follows:



	Amount
(millions)
Due in one year or less	$	108
Due after one year through five years	415
Due after five years through ten years	402
Due after ten years	451
Total	$	1,376

Marketable Securities

Presented below is selected information regarding Dominion’s marketable equity and debt securities held in nuclear decommissioning trust funds.



	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
(millions)
Proceeds from sales	$	838	$	398	$	1,524	$	1,260
Realized gains⁽¹⁾	57		29		120		121
Realized losses⁽¹⁾	7		13		20		29


(1)	Includes realized gains and losses recorded to the decommissioning trust regulatory liability.

Virginia Electric and Power Company

Gain (Loss) on Investments [Line Items]

Available-For-Sale Securities

Virginia Power’s decommissioning trust funds are summarized below:



	Amortized Cost		Total Unrealized Gains⁽¹⁾		Total Unrealized Losses⁽¹⁾				Fair Value
(millions)
September 30, 2014
Marketable equity securities:
U.S. Large cap	$	543	$	557	$	—			$	1,100
Marketable debt securities:
Corporate bonds	221		9		(1		)		229
U.S. Treasury securities and agency debentures	226		2		(1		)		227
State and municipal	173		12		—				185
Cost method investments	86		—		—				86
Cash equivalents and other⁽²⁾	45		—		—				45
Total	$	1,294	$	580	$	(2	)	⁽³⁾	$	1,872
December 31, 2013
Marketable equity securities:
U.S.:
Large cap	$	506	$	514	$	—			$	1,020
Other	25		11		—				36
Marketable debt securities:
Corporate bonds	185		8		(2		)		191
U.S. Treasury securities and agency debentures	214		1		(3		)		212
State and municipal	163		4		(4		)		163
Cost method investments	106		—		—				106
Cash equivalents and other⁽²⁾	37		—		—				37
Total	$	1,236	$	538	$	(9	)	⁽³⁾	$	1,765


(1)	Included in AOCI and the decommissioning trust regulatory liability.


(2)	Includes pending sales of securities of $2 million and $6 million at September 30, 2014 and December 31, 2013, respectively.


(3)	The fair value of securities in an unrealized loss position was $201 million and $299 million at September 30, 2014 and December 31, 2013, respectively.

Investments Classified by Contractual Maturity Date

The fair value of Virginia Power’s marketable debt securities at September 30, 2014 by contractual maturity is as follows:



	Amount
(millions)
Due in one year or less	$	19
Due after one year through five years	193
Due after five years through ten years	231
Due after ten years	198
Total	$	641

Marketable Securities

Presented below is selected information regarding Virginia Power’s marketable equity and debt securities.



	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
(millions)
Proceeds from sales	$	116	$	140	$	415	$	464
Realized gains⁽¹⁾	22		8		51		34
Realized losses⁽¹⁾	2		5		8		13


(1)	Includes realized gains and losses recorded to the decommissioning trust regulatory liability.

Dominion Gas Holdings, LLC

Gain (Loss) on Investments [Line Items]

Equity Method Investments

Dominion Gas accounts for the following investment under the equity method of accounting:



Company	Ownership%		Investment Balance				Description
			September 30, 2014		December 31, 2013
(millions)
Iroquois	24.72	%	$	112	$	105	Gas transmission system
Total			$	112	$	105

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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