OPERATING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Segment Reporting Disclosure Other Information

A description of the operations included in the Companies’ primary operating segments is as follows:


Primary Operating Segment	Description of Operations	Dominion Energy	Virginia Power	Dominion Energy Gas
Power Delivery	Regulated electric distribution	X	X
	Regulated electric transmission	X	X
Power Generation	Regulated electric fleet	X	X
	Merchant electric fleet	X
Gas Infrastructure	Gas transmission and storage	X⁽¹⁾		X
	Gas distribution and storage	X		X
	Gas gathering and processing	X		X
	LNG terminalling and storage	X
	Nonregulated retail energy marketing	X

(1)

Includes remaining producer services activities.

Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Dominion Energy’s operations:


Year Ended December 31,	Power Delivery		Power Generation			Gas Infrastructure		Corporate and Other			Adjustments & Eliminations			Consolidated Total
(millions)
2017
Total revenue from external customers		$2,206		$6,676			$2,832		$ 16			$ 856			$12,586
Intersegment revenue		22		10			834		610			(1,476	)		—
Total operating revenue		2,228		6,686			3,666		626			(620	)		12,586
Depreciation, depletion and amortization		593		747			522		43			—			1,905
Equity in earnings of equity method investees		—		(181)			159		4			—			(18	)
Interest income		4		92			45		96			(155	)		82
Interest and related charges		265		342			109		644			(155	)		1,205
Income tax expense (benefit)		334		373			487		(1,224	)		—			(30	)
Net income attributable to Dominion Energy		531		1,181			898		389			—			2,999
Investment in equity method investees		—		81			1,422		41			—			1,544
Capital expenditures		1,433		2,275			2,149		52			—			5,909
Total assets (billions)		16.7		29.0			28.0		12.0			(9.1	)		76.6
2016
Total revenue from external customers		$2,210		$6,747			$2,069		$ (7	)		$ 718			$11,737
Intersegment revenue		23		10			697		609			(1,339	)		—
Total operating revenue		2,233		6,757			2,766		602			(621	)		11,737
Depreciation, depletion and amortization		537		662			330		30			—			1,559
Equity in earnings of equity method investees		—		(16)			105		22			—			111
Interest income		—		74			34		36			(78	)		66
Interest and related charges		244		290			38		516			(78	)		1,010
Income tax expense (benefit)		308		279			431		(363	)		—			655
Net income (loss) attributable to Dominion Energy		484		1,397			726		(484	)		—			2,123
Investment in equity method investees		—		228			1,289		44			—			1,561
Capital expenditures		1,320		2,440			2,322		43			—			6,125
Total assets (billions)		15.6		27.1			26.0		10.2			(7.3	)		71.6
2015
Total revenue from external customers		$2,091		$7,001			$1,877		$ (27)			$ 741			$11,683
Intersegment revenue		20		15			695		554			(1,284	)		—
Total operating revenue		2,111		7,016			2,572		527			(543	)		11,683
Depreciation, depletion and amortization		498		591			262		44			—			1,395
Equity in earnings of equity method investees		—		(15	)		60		11			—			56
Interest income		—		64			25		13			(44	)		58
Interest and related charges		230		262			27		429			(44	)		904
Income tax expense (benefit)		307		465			423		(290	)		—			905
Net income (loss) attributable to Dominion Energy		490		1,120			680		(391	)		—			1,899
Investment in equity method investees		—		245			1,042		33			—			1,320
Capital expenditures		1,607		2,190			2,153		43			—			5,993

Virginia Electric and Power Company

Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Virginia Power’s operations:


Year Ended December 31,	Power Delivery		Power Generation		Corporate and Other			Adjustments & Eliminations			Consolidated Total
(millions)
2017
Operating revenue		$2,212		$5,344		$ —			$ —			$7,556
Depreciation and amortization		594		547		—			—			1,141
Interest income		4		15		3			(3	)		19
Interest and related charges		265		232		—			(3	)		494
Income tax expense (benefit)		334		534		(94	)		—			774
Net income		527		939		74			—			1,540
Capital expenditures		1,439		1,290		—			—			2,729
Total assets (billions)		16.6		18.6		—			(0.1	)		35.1
2016
Operating revenue		$2,217		$5,390		$ (19	)		$ —			$7,588
Depreciation and amortization		537		488		—			—			1,025
Interest income		—		—		—			—			—
Interest and related charges		244		219		—			(2	)		461
Income tax expense (benefit)		307		524		(104	)		—			727
Net income (loss)		482		909		(173	)		—			1,218
Capital expenditures		1,313		1,336		—			—			2,649
Total assets (billions)		15.6		17.8		—			(0.1	)		33.3
2015
Operating revenue		$2,099		$5,566		$ (43	)		$ —			$7,622
Depreciation and amortization		498		453		2			—			953
Interest income		—		7		—			—			7
Interest and related charges		230		210		4			(1	)		443
Income tax expense (benefit)		308		437		(86	)		—			659
Net income (loss)		490		750		(153	)		—			1,087
Capital expenditures		1,569		1,120		—			—			2,689

Dominion Energy Gas Holdings, LLC

Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Dominion Energy Gas’ operations:


Year Ended December 31,	Gas Infrastructure		Corporate and Other			Consolidated Total
(millions)
2017
Operating revenue		$1,814		$ —			$1,814
Depreciation and amortization		227		—			227
Equity in earnings of equity method investees		21		—			21
Interest income		2		—			2
Interest and related charges		97		—			97
Income tax expense (benefit)		256		(205	)		51
Net income		436		179			615
Investment in equity method investees		95		—			95
Capital expenditures		778		—			778
Total assets (billions)		11.3		0.6			11.9
2016
Operating revenue		$1,638		$ —			$1,638
Depreciation and amortization		214		(10	)		204
Equity in earnings of equity method investees		21		—			21
Interest income		1		—			1
Interest and related charges		92		2			94
Income tax expense (benefit)		237		(22	)		215
Net income (loss)		395		(3	)		392
Investment in equity method investees		98		—			98
Capital expenditures		854		—			854
Total assets (billions)		10.5		0.6			11.1
2015
Operating revenue		$1,716		$ —			$1,716
Depreciation and amortization		213		4			217
Equity in earnings of equity method investees		23		—			23
Interest income		1		—			1
Interest and related charges		72		1			73
Income tax expense (benefit)		296		(13	)		283
Net income (loss)		478		(21	)		457
Investment in equity method investees		102		—			102
Capital expenditures		795		—			795