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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income including noncontrolling interests $ 1,077 $ 1,285
Net income 1,067 1,266
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization (including nuclear fuel) 1,171 1,104
Deferred income taxes and investment tax credits 444 601
Impairment of merchant generation assets 0 48
Gains on the sale of assets and businesses (160) (118)
Charge associated with North Anna and offshore wind legislation 330 0
Other adjustments (104) (84)
Changes in:    
Accounts receivable 300 98
Inventories (39) (63)
Deferred fuel and purchased gas costs, net (252) 85
Prepayments 14 46
Accounts payable (291) (144)
Accrued interest, payroll and taxes (9) (38)
Other operating assets and liabilities (71) 130
Net cash provided by operating activities 2,410 2,950
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (3,742) (2,955)
Acquisition of solar development projects (66) (23)
Proceeds from sales of securities 1,524 1,260
Purchases of securities (1,562) (1,278)
Proceeds from the sale of Brayton Point, Kincaid and equity method investment in Elwood 0 465
Proceeds from the sale of assets to Blue Racer 86 130
Proceeds from the sale of electric retail energy marketing business 187 0
Restricted cash equivalents 8 23
Other 32 30
Net cash used in investing activities (3,533) (2,348)
Financing Activities    
Issuance (repayment) of short-term debt, net 702 (267)
Issuance of long-term debt 2,150 2,935
Repayment of long-term debt, including redemption premiums (725) (1,214)
Repayment of junior subordinated notes 0 (258)
Acquisition of Juniper noncontrolling interest in Fairless 0 (923)
Subsidiary preferred stock redemption (125) 0
Issuance of common stock 138 206
Common dividend payments (1,048) (976)
Subsidiary preferred dividend payments (9) (12)
Other (58) (54)
Net cash provided by (used in) financing activities 1,025 (563)
Increase (decrease) in cash and cash equivalents (98) 39
Cash and cash equivalents at beginning of period 316 [1] 248
Cash and cash equivalents at end of period 218 287
Significant noncash investing activities:    
Accrued capital expenditures 309 271
Virginia Electric and Power Company
   
Operating Activities    
Net income 707 939
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization (including nuclear fuel) 824 758
Deferred income taxes and investment tax credits 235 243
Charge associated with North Anna and offshore wind legislation 330 0
Other adjustments (28) (54)
Changes in:    
Accounts receivable 20 (65)
Inventories (33) (15)
Deferred fuel and purchased gas costs, net (284) 47
Prepayments 11 (4)
Accounts payable (24) (10)
Payables to affiliates 1 20
Accrued interest, payroll and taxes 60 150
Other operating assets and liabilities (99) 27
Net cash provided by operating activities 1,720 2,036
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (2,120) (1,794)
Purchases of nuclear fuel (140) (108)
Proceeds from sales of securities 415 464
Purchases of securities (421) (501)
Other (18) (9)
Net cash used in investing activities (2,284) (1,948)
Financing Activities    
Issuance (repayment) of short-term debt, net 562 (507)
Repayment of affiliated current borrowings, net (80) (435)
Issuance of long-term debt 750 1,835
Repayment of long-term debt, including redemption premiums (52) (462)
Subsidiary preferred stock redemption (125) 0
Common dividend payments (466) (463)
Subsidiary preferred dividend payments (9) (12)
Other (11) (21)
Net cash provided by (used in) financing activities 569 (65)
Increase (decrease) in cash and cash equivalents 5 23
Cash and cash equivalents at beginning of period 16 [2] 28
Cash and cash equivalents at end of period 21 51
Significant noncash investing activities:    
Accrued capital expenditures 176 137
Dominion Gas Holdings, LLC
   
Operating Activities    
Net income 364 321
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization 146 148
Deferred income taxes and investment tax credits 80 70
Impairment of merchant generation assets   55
Gains on the sale of assets and businesses (64) (100)
Other adjustments (12) (4)
Changes in:    
Accounts receivable 60 65
Affiliated receivable 6 8
Inventories (28) (25)
Deferred fuel and purchased gas costs, net 33 40
Prepayments 29 43
Accounts payable (113) (61)
Payables to affiliates (8) (5)
Accrued interest, payroll and taxes (56) (3)
Other operating assets and liabilities (89) (6)
Net cash provided by operating activities 348 491
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (467) (457)
Proceeds from sale of assets to an affiliate 47 113
Proceeds from the sale of assets to Blue Racer 5 78
Advances to affiliate, net 0 (5)
Other (6) (6)
Net cash used in investing activities (421) (277)
Financing Activities    
Repayment of affiliated current borrowings, net 288 (208)
Distribution payments (206) 0
Other (1) (1)
Net cash provided by (used in) financing activities 81 (209)
Increase (decrease) in cash and cash equivalents 8 5
Cash and cash equivalents at beginning of period 8 [3] 12
Cash and cash equivalents at end of period 16 17
Significant noncash investing activities:    
Accrued capital expenditures 63 47
Extinguishment of affiliated current borrowings in exchange for assets sold to affiliate $ 67 $ 0
[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.
[3] Dominion Gas’ Consolidated Balance Sheet at December 31, 2013 has been derived from the audited Consolidated Financial Statements at that date.