XML 58 R41.htm IDEA: XBRL DOCUMENT v3.19.2
Accumulated Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion Energy’s changes in AOCI by component, net of tax:

 

 

Deferred

gains and

losses on

derivatives-

hedging

activities

 

 

Unrealized

gains and

losses on

investment

securities

 

 

Unrecognized

pension and

other

postretirement

benefit costs

 

 

Other

comprehensive

loss from

equity method

investees

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(290

)

 

$

18

 

 

$

(1,457

)

 

$

(2

)

 

$

(1,731

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(78

)

 

 

13

 

 

 

113

 

 

 

 

 

 

48

 

Amounts reclassified from AOCI: (gains) losses(1)

 

 

(21

)

 

 

(1

)

 

 

22

 

 

 

 

 

 

 

Net current period other comprehensive income (loss)

 

 

(99

)

 

 

12

 

 

 

135

 

 

 

 

 

 

48

 

Ending balance

 

$

(389

)

 

$

30

 

 

$

(1,322

)

 

$

(2

)

 

$

(1,683

)

Three Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(248

)

 

$

3

 

 

$

(1,303

)

 

$

(3

)

 

$

(1,551

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(33

)

 

 

(5

)

 

 

 

 

 

1

 

 

 

(37

)

Amounts reclassified from AOCI: (gains) losses(1)

 

 

33

 

 

 

 

 

 

17

 

 

 

 

 

 

50

 

Net current period other comprehensive income (loss)

 

 

 

 

 

(5

)

 

 

17

 

 

 

1

 

 

 

13

 

Ending balance

 

$

(248

)

 

$

(2

)

 

$

(1,286

)

 

$

(2

)

 

$

(1,538

)

Six Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(235

)

 

$

2

 

 

$

(1,465

)

 

$

(2

)

 

$

(1,700

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(102

)

 

 

29

 

 

 

113

 

 

 

 

 

 

40

 

Amounts reclassified from AOCI: (gains) losses(1)

 

 

(52

)

 

 

(1

)

 

 

30

 

 

 

 

 

 

(23

)

Net current period other comprehensive income (loss)

 

 

(154

)

 

 

28

 

 

 

143

 

 

 

 

 

 

17

 

Ending balance

 

$

(389

)

 

$

30

 

 

$

(1,322

)

 

$

(2

)

 

$

(1,683

)

Six Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(302

)

 

$

747

 

 

$

(1,101

)

 

$

(3

)

 

$

(659

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

78

 

 

 

(18

)

 

 

 

 

 

1

 

 

 

61

 

Amounts reclassified from AOCI: (gains) losses(1)

 

 

41

 

 

 

1

 

 

 

42

 

 

 

 

 

 

84

 

Net current period other comprehensive income (loss)

 

 

119

 

 

 

(17

)

 

 

42

 

 

 

1

 

 

 

145

 

Cumulative-effect of changes in accounting principle

 

 

(64

)

 

 

(732

)

 

 

(227

)

 

 

 

 

 

(1,023

)

Less other comprehensive income attributable

   to noncontrolling interest

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

1

 

Ending balance

 

$

(248

)

 

$

(2

)

 

$

(1,286

)

 

$

(2

)

 

$

(1,538

)

(1)

See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

 


The following table presents Dominion Energy’s reclassifications out of AOCI by component:

 

 

Details about AOCI components

 

Amounts

reclassified

from AOCI

 

 

Affected line item in the

Consolidated Statements of

Income

(millions)

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

(38

)

 

Operating revenue

Interest rate contracts

 

 

13

 

 

Interest and related charges

Foreign currency contracts

 

 

(4

)

 

Other income

Total

 

 

(29

)

 

 

Tax

 

 

8

 

 

Income tax expense

Total, net of tax

 

$

(21

)

 

 

Unrealized (gains) and losses on investment securities:

 

 

 

 

 

 

Realized (gain) loss on sale of securities

 

$

(1

)

 

Other income

Total

 

 

(1

)

 

 

Tax

 

 

 

 

Income tax expense

Total, net of tax

 

$

(1

)

 

 

Unrecognized pension and other postretirement benefit costs:

 

 

 

 

 

 

Amortization of prior-service costs (credits)

 

$

(8

)

 

Other income

Amortization of actuarial losses

 

 

27

 

 

Other income

Total

 

 

19

 

 

 

Tax

 

 

3

 

 

Income tax expense

Total, net of tax

 

$

22

 

 

 

Three Months Ended June 30, 2018

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

16

 

 

Operating revenue

Interest rate contracts

 

 

12

 

 

Interest and related charges

Foreign currency contracts

 

 

16

 

 

Other income

Total

 

 

44

 

 

 

Tax

 

 

(11

)

 

Income tax expense

Total, net of tax

 

$

33

 

 

 

Unrealized (gains) and losses on investment securities:

 

 

 

 

 

 

Realized (gain) loss on sale of securities

 

$

1

 

 

Other income

Total

 

 

1

 

 

 

Tax

 

 

(1

)

 

Income tax expense

Total, net of tax

 

$

 

 

 

Unrecognized pension and other postretirement benefit costs:

 

 

 

 

 

 

Amortization of prior-service costs (credits)

 

$

(5

)

 

Other income

Amortization of actuarial losses

 

 

29

 

 

Other income

Total

 

 

24

 

 

 

Tax

 

 

(7

)

 

Income tax expense

Total, net of tax

 

$

17

 

 

 

 

 

 

 

Details about AOCI components

 

Amounts

reclassified

from AOCI

 

 

Affected line item in the

Consolidated Statements of

Income

(millions)

 

 

 

 

 

 

Six Months Ended June 30, 2019

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

(92

)

 

Operating revenue

 

 

 

(3

)

 

Purchased gas

Interest rate contracts

 

 

23

 

 

Interest and related charges

Foreign currency contracts

 

 

2

 

 

Other income

Total

 

 

(70

)

 

 

Tax

 

 

18

 

 

Income tax expense

Total, net of tax

 

$

(52

)

 

 

Unrealized (gains) and losses on investment securities:

 

 

 

 

 

 

Realized (gain) loss on sale of securities

 

$

(1

)

 

Other income

Total

 

 

(1

)

 

 

Tax

 

 

 

 

Income tax expense

Total, net of tax

 

$

(1

)

 

 

Unrecognized pension and other postretirement benefit costs:

 

 

 

 

 

 

Amortization of prior-service costs (credits)

 

$

(13

)

 

Other income

Amortization of actuarial losses

 

 

54

 

 

Other income

Total

 

 

41

 

 

 

Tax

 

 

(11

)

 

Income tax expense

Total, net of tax

 

$

30

 

 

 

Six Months Ended June 30, 2018

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

28

 

 

Operating revenue

 

 

 

2

 

 

Purchased gas

 

 

 

(7

)

 

Electric fuel and other energy-related purchases

Interest rate contracts

 

 

24

 

 

Interest and related charges

Foreign currency contracts

 

 

8

 

 

Other income

Total

 

 

55

 

 

 

Tax

 

 

(14

)

 

Income tax expense

Total, net of tax

 

$

41

 

 

 

Unrealized (gains) and losses on investment securities:

 

 

 

 

 

 

Realized (gain) loss on sale of securities

 

$

2

 

 

Other income

Total

 

 

2

 

 

 

Tax

 

 

(1

)

 

Income tax expense

Total, net of tax

 

$

1

 

 

 

Unrecognized pension and other postretirement benefit costs:

 

 

 

 

 

 

Amortization of prior-service costs (credits)

 

$

(11

)

 

Other income

Amortization of actuarial losses

 

 

61

 

 

Other income

Total

 

 

50

 

 

 

Tax

 

 

(8

)

 

Income tax expense

Total, net of tax

 

$

42

 

 

 

Virginia Electric and Power Company  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Virginia Power’s changes in AOCI by component, net of tax:

 

 

Deferred gains

and losses on

derivatives-

hedging

activities

 

 

Unrealized gains

and losses on

investment

securities

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(20

)

 

$

3

 

 

$

(17

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(11

)

 

 

2

 

 

 

(9

)

Amounts reclassified from AOCI: (gains) losses(1)

 

 

1

 

 

 

(1

)

 

 

 

Net current period other comprehensive income (loss)

 

 

(10

)

 

 

1

 

 

 

(9

)

Ending balance

 

$

(30

)

 

$

4

 

 

$

(26

)

Three Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(10

)

 

$

1

 

 

$

(9

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

2

 

 

 

(2

)

 

 

 

Amounts reclassified from AOCI: (gains) losses(1)

 

 

 

 

 

 

 

 

 

Net current period other comprehensive income (loss)

 

 

2

 

 

 

(2

)

 

 

 

Ending balance

 

$

(8

)

 

$

(1

)

 

$

(9

)

Six Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(13

)

 

$

1

 

 

$

(12

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(18

)

 

 

4

 

 

 

(14

)

Amounts reclassified from AOCI: (gains) losses(1)

 

 

1

 

 

 

(1

)

 

 

 

Net current period other comprehensive income (loss)

 

 

(17

)

 

 

3

 

 

 

(14

)

Ending balance

 

$

(30

)

 

$

4

 

 

$

(26

)

Six Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(12

)

 

$

74

 

 

$

62

 

Other comprehensive income before reclassifications:

   gains (losses)

 

 

7

 

 

 

(2

)

 

 

5

 

Amounts reclassified from AOCI: (gains) losses(1)

 

 

 

 

 

 

 

 

 

Net current period other comprehensive income (loss)

 

 

7

 

 

 

(2

)

 

 

5

 

Cumulative-effect of changes in accounting principle

 

 

(3

)

 

 

(73

)

 

 

(76

)

Ending balance

 

$

(8

)

 

$

(1

)

 

$

(9

)

(1)

Virginia Power’s reclassifications out of AOCI were immaterial for both the three and six months ended June 30, 2019 and 2018.

Dominion Energy Gas Holdings, LLC  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents Dominion Energy Gas’ changes in AOCI by component, net of tax:

 

 

 

Deferred gains

and losses on

derivatives-

hedging

activities

 

 

Unrecognized

pension costs

 

 

Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(48

)

 

$

(143

)

 

$

(191

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(24

)

 

 

29

 

 

 

5

 

Amounts reclassified from AOCI: (gains) losses(1)

 

 

(2

)

 

 

2

 

 

 

 

Net current period other comprehensive income (loss)

 

 

(26

)

 

 

31

 

 

 

5

 

Ending balance

 

$

(74

)

 

$

(112

)

 

$

(186

)

Three Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(18

)

 

$

(95

)

 

$

(113

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(20

)

 

 

 

 

 

(20

)

Amounts reclassified from AOCI: (gains) losses(1)

 

 

14

 

 

 

1

 

 

 

15

 

Net current period other comprehensive income (loss)

 

 

(6

)

 

 

1

 

 

 

(5

)

Ending balance

 

$

(24

)

 

$

(94

)

 

$

(118

)

Six Months Ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(25

)

 

$

(144

)

 

$

(169

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(51

)

 

 

29

 

 

 

(22

)

Amounts reclassified from AOCI: (gains) losses(1)

 

 

2

 

 

 

3

 

 

 

5

 

Net current period other comprehensive income (loss)

 

 

(49

)

 

 

32

 

 

 

(17

)

Ending balance

 

$

(74

)

 

$

(112

)

 

$

(186

)

Six Months Ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance

 

$

(23

)

 

$

(75

)

 

$

(98

)

Other comprehensive income before reclassifications:

   gains (losses)

 

 

(7

)

 

 

 

 

 

(7

)

Amounts reclassified from AOCI: (gains) losses(1)

 

 

11

 

 

 

2

 

 

 

13

 

Net current period other comprehensive income (loss)

 

 

4

 

 

 

2

 

 

 

6

 

Cumulative-effect of changes in accounting principle

 

 

(5

)

 

 

(21

)

 

 

(26

)

Ending balance

 

$

(24

)

 

$

(94

)

 

$

(118

)

(1)

See table below for details about these reclassifications.

Reclassification out of Accumulated Other Comprehensive Income

The following table presents Dominion Energy Gas’ reclassifications out of AOCI by component:

 

Details about AOCI components

 

Amounts

reclassified

from AOCI

 

 

Affected line item in the

Consolidated Statements of  Income

(millions)

 

 

 

 

 

 

Three Months Ended June 30, 2019

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Interest rate contracts

 

$

2

 

 

Interest and related charges

Foreign currency contracts

 

 

(4

)

 

Other income

Total

 

 

(2

)

 

 

Tax

 

 

 

 

Income tax expense

Total, net of tax

 

$

(2

)

 

 

Unrecognized pension costs:

 

 

 

 

 

 

Actuarial losses

 

$

2

 

 

Other income

Total

 

 

2

 

 

 

Tax

 

 

 

 

Income tax expense

Total, net of tax

 

$

2

 

 

 

Three Months Ended June 30, 2018

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

2

 

 

Operating revenue

Interest rate contracts

 

 

1

 

 

Interest and related charges

Foreign currency contracts

 

 

16

 

 

Other income

Total

 

 

19

 

 

 

Tax

 

 

(5

)

 

Income tax expense

Total, net of tax

 

$

14

 

 

 

Unrecognized pension costs:

 

 

 

 

 

 

Actuarial losses

 

$

1

 

 

Other income

Total

 

 

1

 

 

 

Tax

 

 

 

 

Income tax expense

Total, net of tax

 

$

1

 

 

 

Six Months Ended June 30, 2019

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

(2

)

 

Operating revenue

Interest rate contracts

 

 

3

 

 

Interest and related charges

Foreign currency contracts

 

 

2

 

 

Other income

Total

 

 

3

 

 

 

Tax

 

 

(1

)

 

Income tax expense

Total, net of tax

 

$

2

 

 

 

Unrecognized pension costs:

 

 

 

 

 

 

Actuarial losses

 

$

4

 

 

Other income

Total

 

 

4

 

 

 

Tax

 

 

(1

)

 

Income tax expense

Total, net of tax

 

$

3

 

 

 

Six Months Ended June 30, 2018

 

 

 

 

 

 

Deferred (gains) and losses on derivatives-hedging activities:

 

 

 

 

 

 

Commodity contracts

 

$

5

 

 

Operating revenue

Interest rate contracts

 

 

2

 

 

Interest and related charges

Foreign currency contracts

 

 

8

 

 

Other income

Total

 

 

15

 

 

 

Tax

 

 

(4

)

 

Income tax expense

Total, net of tax

 

$

11

 

 

 

Unrecognized pension costs:

 

 

 

 

 

 

Actuarial losses

 

$

3

 

 

Other income

Total

 

 

3

 

 

 

Tax

 

 

(1

)

 

Income tax expense

Total, net of tax

 

$

2