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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Computation

The following table presents the calculation of Dominion Energy’s basic and diluted EPS:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

(millions, except EPS)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Dominion Energy from

    continuing operations

 

$

369

 

 

$

937

 

 

$

767

 

 

$

(171

)

Preferred stock dividends (see Note 16)

 

 

(16

)

 

 

(7

)

 

 

(48

)

 

 

(8

)

Net income (loss) attributable to Dominion Energy from

    continuing operations – Basic

 

 

353

 

 

 

930

 

 

 

719

 

 

 

(179

)

Dilutive effect of Series A Preferred Stock

 

 

 

 

 

(13

)

 

 

(28

)

 

 

 

Net income (loss) attributable to Dominion Energy from

    continuing operations - Diluted

 

$

353

 

 

$

917

 

 

$

691

 

 

$

(179

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Dominion Energy from

    discontinued operations - Basic & Diluted

 

$

(13

)

 

$

38

 

 

$

(1,850

)

 

$

520

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average shares of common stock outstanding – Basic &

    Diluted

 

 

833.8

 

 

 

813.0

 

 

 

837.1

 

 

 

802.9

 

Net effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

Average shares of common stock outstanding – Diluted

 

 

833.8

 

 

 

813.0

 

 

 

837.1

 

 

 

802.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations – Basic

 

$

0.42

 

 

$

1.14

 

 

$

0.86

 

 

$

(0.22

)

EPS from discontinued operations – Basic

 

 

(0.01

)

 

 

0.05

 

 

 

(2.21

)

 

 

0.64

 

EPS attributable to Dominion Energy – Basic

 

$

0.41

 

 

$

1.19

 

 

$

(1.35

)

 

$

0.42

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EPS from continuing operations – Diluted

 

$

0.42

 

 

$

1.12

 

 

$

0.83

 

 

$

(0.22

)

EPS from discontinued operations – Diluted

 

 

(0.01

)

 

 

0.05

 

 

 

(2.21

)

 

 

0.64

 

EPS attributable to Dominion Energy – Diluted

 

$

0.41

 

 

$

1.17

 

 

$

(1.38

)

 

$

0.42