XML 50 R179.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Employee Benefit Plans (Net Periodic Benefit (Credit) Cost and Amounts Recognized in Other Comprehensive Income and Regulatory Assets and Liabilities) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Pension Benefits      
Service cost $ 162 $ 157 $ 138
Interest cost 394 337 345
Expected return on plan assets (708) (663) (639)
Amortization of prior service (credit) cost 1 1 1
Amortization of net actuarial loss 172 193 162
Settlements and curtailments 72 0 0
Net periodic benefit (credit) cost 93 25 7
Changes in plan assets and benefit obligations recognized in other comprehensive income and regulatory assets and liabilities:      
Current year net actuarial (gain) loss 16 490 142
Prior service (credit) cost 0 0 5
Settlements and curtailments 6 0 1
Amortization of net actuarial loss (172) (193) (162)
Amortization of prior service credit (cost) (1) (1) (1)
Total recognized in other comprehensive income and regulatory assets and liabilities $ (151) $ 296 $ (15)
Significant assumptions used to determine periodic cost:      
Expected long-term rate of return on plan assets   8.75% 8.75%
Weighted average rate of increase for compensation 4.20% 4.09% 4.09%
Pension Benefits | Dominion Energy Gas Holdings, LLC      
Service cost $ 6 $ 18 $ 15
Interest cost 11 29 30
Expected return on plan assets (54) (150) (141)
Amortization of prior service (credit) cost 0 0 0
Amortization of net actuarial loss 7 19 16
Settlements and curtailments 1    
Net periodic benefit (credit) cost (29) (84) (80)
Changes in plan assets and benefit obligations recognized in other comprehensive income and regulatory assets and liabilities:      
Current year net actuarial (gain) loss (46) 207 (75)
Prior service (credit) cost 0 0 0
Amortization of net actuarial loss (7) (19) (16)
Amortization of prior service credit (cost) 0 0 0
Total recognized in other comprehensive income and regulatory assets and liabilities $ (53) $ 188 $ (91)
Significant assumptions used to determine periodic cost:      
Discount rate   3.81% 4.50%
Expected long-term rate of return on plan assets 8.65% 8.75% 8.75%
Weighted average rate of increase for compensation 4.55% 4.11% 4.11%
Pension Benefits | Minimum      
Significant assumptions used to determine periodic cost:      
Discount rate 3.57% 3.80% 3.31%
Expected long-term rate of return on plan assets 7.00%    
Pension Benefits | Minimum | Dominion Energy Gas Holdings, LLC      
Significant assumptions used to determine periodic cost:      
Discount rate 4.10%    
Pension Benefits | Maximum      
Significant assumptions used to determine periodic cost:      
Discount rate 4.43% 3.81% 4.50%
Expected long-term rate of return on plan assets 8.65%    
Pension Benefits | Maximum | Dominion Energy Gas Holdings, LLC      
Significant assumptions used to determine periodic cost:      
Discount rate 4.42%    
Other Postretirement Benefits      
Service cost $ 26 $ 27 $ 26
Interest cost 68 56 60
Expected return on plan assets (140) (143) (128)
Amortization of prior service (credit) cost (52) (52) (51)
Amortization of net actuarial loss 10 11 13
Settlements and curtailments 42 0 0
Net periodic benefit (credit) cost (46) (101) (80)
Changes in plan assets and benefit obligations recognized in other comprehensive income and regulatory assets and liabilities:      
Current year net actuarial (gain) loss (98) 78 12
Prior service (credit) cost 2 (4) (73)
Settlements and curtailments 0 0 2
Amortization of net actuarial loss (10) (11) (13)
Amortization of prior service credit (cost) 52 52 51
Total recognized in other comprehensive income and regulatory assets and liabilities $ (54) $ 115 $ (21)
Significant assumptions used to determine periodic cost:      
Discount rate   3.76%  
Expected long-term rate of return on plan assets 8.50% 8.50% 8.50%
Healthcare cost trend rate [1]   7.00% 7.00%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) [1] 5.00% 5.00% 5.00%
Year that the rate reaches the ultimate trend rate [1]   2022 2021
Other Postretirement Benefits | Dominion Energy Gas Holdings, LLC      
Service cost $ 1 $ 4 $ 4
Interest cost 5 11 12
Expected return on plan assets (16) (28) (24)
Amortization of prior service (credit) cost (5) (4) (3)
Amortization of net actuarial loss 3 3 2
Settlements and curtailments 1    
Net periodic benefit (credit) cost (11) (14) (9)
Changes in plan assets and benefit obligations recognized in other comprehensive income and regulatory assets and liabilities:      
Current year net actuarial (gain) loss (21) 16 18
Prior service (credit) cost 0 (4) (61)
Amortization of net actuarial loss (3) (3) (2)
Amortization of prior service credit (cost) 5 4 3
Total recognized in other comprehensive income and regulatory assets and liabilities $ (19) $ 13 $ (42)
Significant assumptions used to determine periodic cost:      
Discount rate   3.81% 4.47%
Expected long-term rate of return on plan assets 8.50% 8.50% 8.50%
Healthcare cost trend rate [1] 6.50% 7.00% 7.00%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) [1] 5.00% 5.00% 5.00%
Year that the rate reaches the ultimate trend rate [1] 2025 2022 2021
Other Postretirement Benefits | Minimum      
Significant assumptions used to determine periodic cost:      
Discount rate 4.05%   3.92%
Healthcare cost trend rate [1] 6.50%    
Year that the rate reaches the ultimate trend rate [1] 2023    
Other Postretirement Benefits | Minimum | Dominion Energy Gas Holdings, LLC      
Significant assumptions used to determine periodic cost:      
Discount rate 4.05%    
Other Postretirement Benefits | Maximum      
Significant assumptions used to determine periodic cost:      
Discount rate 4.41%   4.47%
Healthcare cost trend rate [1] 6.60%    
Year that the rate reaches the ultimate trend rate [1] 2025    
Other Postretirement Benefits | Maximum | Dominion Energy Gas Holdings, LLC      
Significant assumptions used to determine periodic cost:      
Discount rate 4.37%    
[1] Assumptions used to determine net periodic cost for the following year.