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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 227 $ 261 [1]
Customer receivables (less allowance for doubtful accounts) 1,292 1,523 [1]
Other receivables (less allowance for doubtful accounts) 212 183 [1]
Inventories 1,527 1,524 [1]
Regulatory assets [2] 311 244 [1]
Other 425 513 [1]
Total current assets 3,994 4,248 [1]
Investments    
Nuclear decommissioning trust funds 4,881 4,484 [1]
Investment in equity method affiliates 1,895 1,561 [1]
Other 320 298 [1]
Total investments 7,096 6,343 [1]
Property, Plant and Equipment    
Property, plant and equipment 73,610 69,556 [1]
Accumulated depreciation, depletion and amortization (20,799) (19,592) [1]
Total property, plant and equipment, net 52,811 49,964 [1]
Deferred Charges and Other Assets    
Goodwill 6,405 6,399 [1]
Regulatory assets 2,503 2,473 [1]
Other 2,582 2,183 [1]
Total deferred charges and other assets 11,490 11,055 [1]
Total assets 75,391 71,610 [1]
Current Liabilities    
Securities due within one year 2,788 1,709 [1]
Short-term debt 3,060 3,155 [1]
Accounts payable 757 1,000 [1]
Accrued interest, payroll and taxes 843 798 [1]
Regulatory liabilities 88 163 [1]
Other 1,023 1,290 [1]
Total current liabilities 8,559 8,115 [1]
Long-Term Debt    
Long-term debt 25,529 24,878 [1]
Junior subordinated notes 3,980 2,980 [1]
Remarketable subordinated notes 1,377 2,373 [1]
Total long-term debt 30,886 30,231 [1]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 9,379 8,602 [1]
Regulatory liabilities 2,906 2,622 [1]
Other 5,159 5,200 [1]
Total deferred credits and other liabilities 17,444 16,424 [1]
Total liabilities 56,889 54,770 [1]
Commitments and Contingencies [1]
Equity    
Common stock – no par [3] 9,789 8,550 [1]
Retained earnings 7,119 6,854 [1]
Accumulated other comprehensive loss (628) (799) [1]
Total common shareholders' equity 16,280 14,605 [1]
Noncontrolling interests 2,222 2,235 [1]
Total equity 18,502 16,840 [1]
Total liabilities and equity 75,391 71,610 [1]
Virginia Electric and Power Company    
Current Assets    
Cash and cash equivalents 16 11 [4]
Customer receivables (less allowance for doubtful accounts) 920 892 [4]
Other receivables (less allowance for doubtful accounts) 36 99 [4]
Affiliated receivables 1 112 [4]
Inventories 853 853 [4]
Regulatory assets [2] 206 179
Other [5] 309 281 [4]
Total current assets 2,135 2,248 [4]
Investments    
Nuclear decommissioning trust funds 2,292 2,106 [4]
Other 3 3 [4]
Total investments 2,295 2,109 [4]
Property, Plant and Equipment    
Property, plant and equipment 41,813 40,030 [4]
Accumulated depreciation, depletion and amortization (13,144) (12,436) [4]
Total property, plant and equipment, net 28,669 27,594 [4]
Deferred Charges and Other Assets    
Pension and other postretirement benefit assets [5] 182 130 [4]
Regulatory assets 838 770 [4]
Other [5] 462 457 [4]
Total deferred charges and other assets 1,482 1,357 [4]
Total assets 34,581 33,308 [4]
Current Liabilities    
Securities due within one year 851 678 [4]
Short-term debt 320 65 [4]
Accounts payable 337 444 [4]
Payables to affiliates 167 109 [4]
Affiliated current borrowings 36 262 [4]
Accrued interest, payroll and taxes 307 239 [4]
Regulatory liabilities [6] 43 115
Other [5] 536 725 [4]
Total current liabilities 2,554 2,522 [4]
Long-Term Debt    
Total long-term debt 10,495 9,852 [4]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 5,357 5,103 [4]
Asset retirement obligations 1,300 1,262 [4]
Regulatory liabilities 2,202 1,962 [4]
Other [5] 863 742 [4]
Total deferred credits and other liabilities 9,722 9,069 [4]
Total liabilities 22,771 21,443 [4]
Commitments and Contingencies [4]
Equity    
Common stock – no par [7] 5,738 5,738 [4]
Other paid-in capital 1,113 1,113 [4]
Retained earnings 4,904 4,968 [4]
Accumulated other comprehensive loss 55 46 [4]
Total common shareholders' equity 11,810 11,865 [4]
Total liabilities and equity 34,581 33,308 [4]
Dominion Energy Gas Holdings, LLC    
Current Assets    
Cash and cash equivalents 13 23 [8]
Restricted cash 29 20 [8]
Customer receivables (less allowance for doubtful accounts) 190 281 [8]
Other receivables (less allowance for doubtful accounts) 72 13 [8]
Affiliated receivables 17 17 [8]
Inventories 90 70 [8]
Regulatory assets [2] 22 26
Other [9] 110 158 [8]
Total current assets 521 582 [8]
Investments    
Total investments 97 99 [8]
Property, Plant and Equipment    
Property, plant and equipment 10,971 10,475 [8]
Accumulated depreciation, depletion and amortization (2,978) (2,851) [8]
Total property, plant and equipment, net 7,993 7,624 [8]
Deferred Charges and Other Assets    
Pension and other postretirement benefit assets [9] 1,714 1,557 [8]
Regulatory assets [10] 556 577
Other [9] 1,303 1,280 [8]
Total deferred charges and other assets 3,017 2,837 [8]
Total assets 11,628 11,142 [8]
Current Liabilities    
Short-term debt 620 460 [8]
Accounts payable 161 221 [8]
Payables to affiliates 18 29 [8]
Affiliated current borrowings 34 118 [8]
Accrued interest, payroll and taxes 197 225 [8]
Regulatory liabilities [6] 39 35
Other [9] 157 162 [8]
Total current liabilities 1,187 1,215 [8]
Long-Term Debt    
Total long-term debt 3,564 3,528 [8]
Deferred Credits and Other Liabilities    
Deferred income taxes and investment tax credits 2,622 2,438 [8]
Regulatory liabilities [11] 252 219
Other [9] 429 425 [8]
Total deferred credits and other liabilities 3,051 2,863 [8]
Total liabilities 7,802 7,606 [8]
Commitments and Contingencies [8]
Equity    
Membership interests 3,948 3,659 [8]
Accumulated other comprehensive loss (122) (123) [8]
Total equity 3,826 3,536 [8]
Total liabilities and equity $ 11,628 $ 11,142 [8]
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[2] Current regulatory assets are presented in other current assets in Virginia Power’s and Dominion Energy Gas’ Consolidated Balance Sheets.
[3] 1 billion shares authorized; 644 million shares and 628 million shares outstanding at September 30, 2017 and December 31, 2016, respectively.
[4] Virginia Power’s Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[5] See Note 17 for amounts attributable to affiliates.
[6] Current regulatory liabilities are presented in other current liabilities in Virginia Power’s and Dominion Energy Gas’ Consolidated Balance Sheets.
[7] 500,000 shares authorized; 274,723 shares outstanding at September 30, 2017 and December 31, 2016.
[8] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[9] See Note 17 for amounts attributable to related parties.
[10] Noncurrent regulatory assets are presented in other deferred charges and other assets in Dominion Energy Gas' Consolidated Balance Sheets.
[11] Noncurrent regulatory liabilities are presented in other deferred credits and other liabilities in Dominion Energy Gas' Consolidated Balance Sheets